Grok The Market

Real Estate Meets Insight: Turning Data Into Decisions – Rob Thompson, Realtor®, Iconic Colorado Properties, LLC

Colorado Springs Housing Market — March 02, 2026

March 02, 2026 · Pikes Peak MLS Buyer-Favoring Market 3,502 Active Listings $489,500 Median Price $608,584 Avg Price 83 Avg DOM 827 Sold (30d) 1,491 Pending Market Health Avg CPOLP 95.7% vs. original asking Median CPOLP 97.0% midpoint of all sales Attrition Ratio 1.62 healthy — sold vs. failed Avg Days to Close 70 from […]

Colorado Springs Housing Market — March 01, 2026

March 01, 2026 · Pikes Peak MLS Buyer-Favoring Market 3,513 Active Listings $489,000 Median Price $607,882 Avg Price 82 Avg DOM 812 Sold (30d) 1,477 Pending Market Health Avg CPOLP 95.7% vs. original asking Median CPOLP 97.0% midpoint of all sales Attrition Ratio 1.66 healthy — sold vs. failed Avg Days to Close 70 from […]

Colorado Springs Housing Market — February 28, 2026

February 28, 2026 · Pikes Peak MLS Buyer-Favoring Market 3,519 Active Listings $487,900 Median Price $607,127 Avg Price 83 Avg DOM 854 Sold (30d) 1,484 Pending Market Health Avg CPOLP 95.6% vs. original asking Median CPOLP 96.9% midpoint of all sales Attrition Ratio 1.77 healthy — sold vs. failed Avg Days to Close 71 from […]

Colorado Springs Housing Market — February 27, 2026

Here’s what the Colorado Springs housing market looks like as of February 27, 2026, based on live data from the Pikes Peak MLS. Market Snapshot Current conditions: Balanced Active listings: 3,451 (residential, excluding land) Median list price: $485,000 Average list price: $607,458 Average days on market: 85.0 Closed sales (30 days): 816 Pending/under contract: 1,527 […]

30 Years of Avg Payments and Active Listings

Data is fascinating. What you see here is 30 years of active number of listings in the Pikes Peak region alongside the average payment for a home based on the prevailing interest rate and the closed price of a home for that given month. What’s the point and takeaway from this data? In early 2022, […]

Why is the Market Slow Right Now?

When we evaluate a market, when we hear the stats on a market, we often hear about the positive numbers. For example, if I share that in the last 30 days, the single family home market in El Paso County is selling at 3% above last year’s number of sales and selling for just under […]

What’s Wrong with the Market in One Image

In a word, it’s unaffordable for many people. What you see here is the average monthly payment over the last 3 decades. Note the massive jump in 2020. That was the massive injection of funds into the economy. This is a bipartisan monetary policy. What we see here is the same payment trend mapped alongside […]

Three Measures of the Market 3 Oct 2024

Pricing your home matters. In the sixth week, homes have lost 4.27% of their list price in the Colorado Springs region. Who’s landing? When we look at the stats, remember we are only measuring who “landed”, who successfully sold. Nearly 49% of the market isn’t making it to the finish line right now. Seller’s concessions […]