October 2025 Colorado Springs Market Update: Balanced and Buyer-Friendly
Steady, Slower, and Seasonally Shifting: What the Numbers Say About Single-Family Homes
As cooler temperatures arrived, the Colorado Springs single-family market eased into its seasonal slowdown, but not without revealing subtle shifts in leverage.
Inventory is stable, days-on-market are climbing, and pricing remains resilient even as buyer caution grows.
📊 October 2025 Stats for Single-Family Homes in Colorado Springs
🏡 832 new listings (⬆ from 737 in September)
📈 2,091 active homes (⬇ from 2,142 in September)
📈 2,091 active homes (⬇ from 2,142 in September)
🔑 507 homes sold (⬇ from 550 in September)
📑 526 under contract / pending (⬇ from 547 in September)
⏳ Average Days on Market: 55 (⬆ from 51 in September)
💰 Median Sold Price: $452,000 (⬇ from $456,000 in September)
🚫 Expired / Cancelled / Withdrawn: 454 (⬆ from 350 in September)
New Listings
October saw 832 new listings, a slight seasonal lift as sellers looked to capitalize before the holidays.
This late-fall activity added fresh options for buyers while keeping overall supply steady near 2,000 active homes.
Even with the uptick, buyers continue to enjoy ample selection, and homes are taking longer to move.
What This Means
🛍️ Buyers: More choices and bargaining room.
🐝 Sellers: Competition is real. Pricing and presentation matter most.
Total Active Inventory
At 2,091 active single-family homes, inventory barely moved month-to-month but remains much higher than the tight markets of previous years.
This balance hints at a market settling into equilibrium, supply matching demand more closely, with fewer multiple-offer frenzies.
What This Means
🏠 Buyers: Expect negotiation power and time to decide.
🐝 Sellers: Be strategic: highlight condition, offer incentives, and stay realistic on price.
Average Days on Market (DOM)
Homes spent an average of 55 days on the market in October, up from 51 in September.
This steady increase confirms that buyers are taking longer to commit as they weigh costs and rate lock timing.
What This Means
🕰️ Buyers: You can shop without rushing.
🏡 Sellers: Plan for longer marketing timelines and stay patient. Good homes still sell well.
Closed Sales
October recorded 507 sales, down from 550 in September, and 526 pending/under-contract homes, also slightly lower.
This seasonal slowdown is typical for fall as buyers pause for holidays and interest-rate watching.
Activity remains healthy but measured, showing a market adjusting to new norms rather than retreating.
What This Means
💵 Buyers: Take advantage of motivated sellers and flexible terms.
🐝 Sellers: Expect fewer showings but serious offers when pricing aligns with market value.
Median Sold Price
The median sold price slipped slightly to $452,000, down from $456,000 in September.
While minor, this dip reflects more balance than decline, a market correcting to realistic affordability after several high-growth years.
What This Means
💸 Buyers: More room to negotiate and avoid bidding wars.
🐝 Sellers: Strong presentation and accurate pricing protect your bottom line.
Expired / Cancelled / Withdrawn Listings
A notable jump to 454 listings removed from the market in October (up from 350 in September) shows that many sellers who overpriced early in the fall are reassessing.
It’s a clear signal that buyers are dictating value, not wishful pricing.
What This Means
🏷️ Buyers: You have the upper hand in negotiations.
🐝 Sellers: Listen to the market. Small price adjustments can make big differences.
External Influences on the Market
FEDERAL RATES AND MORTGAGES
The Federal Reserve held its funds rate steady at 4.25 %–4.50 %, and 30-year fixed mortgages remain around 6.7 % APR, slightly down from summer highs.
Stability in rates has kept some buyers engaged — especially those locking in now to refinance later.
LABOR MARKET AND CONFIDENCE
With unemployment at 4.2 %, households remain financially steady but budget-minded. This translates to longer shopping periods and careful offer strategies.
ECONOMIC BACKDROP
Trade tensions, political headlines, and stock-market volatility are keeping the market in a “steady but watchful” mode rather than a growth phase.
Key Takeaways & What’s Next
For Buyers
Inventory is healthy and time is on your side.
Negotiate confidently — sellers are offering credits and concessions.
Lock in now; refinance later if rates ease in 2026.
For Sellers
Price strategically and prepare for a 55-day average timeline.
Consider concessions or rate buy-downs to stay competitive.
Staging and professional photos can be the difference between selling and expiring.
For Investors
Watch for Q4 softening as inventory peaks.
Rental demand remains strong — favorable for long-term holds.
October-through-December offers value windows before spring competition returns.
What’s Next
OVERALL MARKET OUTLOOK
As we enter the holiday season, expect the Colorado Springs single-family market to stay balanced but quiet.
Inventory should hover near current levels, with motivated buyers and serious sellers continuing to drive the activity.
If rates inch lower this winter, we could see a brighter start to 2026.
The bottom line? This is no crash. It’s a return to normalcy. Whether buying, selling, or investing, timing and strategy are everything.
Thinking of buying or selling this winter? Let’s build a plan for success in today’s balanced market.
Schedule your consultation today! Let’s strategize your next move in Colorado Springs.
Colorado Springs single-family home market October 2025: 832 new listings, 2,091 active homes, 55 DOM, median price $452K. Balanced conditions favor buyers.
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