๐Ÿก Latest Home Sales and Market Insights for Colorado Springs

Local Real Estate Edition | #25-165 6/14/25

COS Town Tidings #25-165

Real Estate Roundup Edition

๐Ÿก Unlock the Colorado Springs Housing Market: Latest Home Sales and Market Insights - (Gmail will truncate, ๐Ÿ‘‰ click to READ ONLINE)

๐Ÿ“ข ATTENTION REALTORS! ๐Ÿ 

๐Ÿ’ฐ $20M at Stake for COS Housing

๐Ÿ“ข ATTENTION MORTGAGE BROKERS!

๐Ÿ“‰ Should You Buy or Wait in 2025?

๐Ÿ“† Local Events + Free Concerts & Farmers Markets

๐ŸŒค COS Weather - Hot and mostly sunny

 

 

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๐Ÿ‘‰Goodness gracious great balls of fire ๐Ÿคฃ

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Real Estate Roundup

๐Ÿก Unlock the Colorado Springs Housing Market: Latest Home Sales and Market Insights

 

Black Forest

Properties recently sold ranging from $768K to $1.4M. Click to view Black Forest listings

Briargate

Properties recently sold ranging from $445K to $734K. Click to view Briargate listings

Broadmoor

Properties recently sold ranging from $330K to $1.5M. Click to view Broadmoor listings

Cimarron Hills (back by request)

Properties recently sold ranging from $190K to $440K. Click to view Cimarron Hills listings

Stetson Hills (per request)

Properties recently sold ranging from $380K to $570K. Click to view Stetson Hills listings

Banning Lewis Ranch

Properties recently sold ranging from $525K to $625K. Click to view Banning Lewis Ranch listings

Mountain Shadows

Properties recently sold ranging from $522K to $630K. Click to view Mountain Shadow listings

Old Colorado City

Properties recently sold ranging from $260K to $1.5M. Click to view Old Colorado City listings

Downtown Colorado Springs

Properties recently sold for $290K to $445K. Click to view Downtown Colorado Springs listings

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๐Ÿ“ข ATTENTION REALTORS! ๐Ÿ 

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๐Ÿ’ฐ $20M at Stake for COS Housing

$20M at Stake for COS Housing

In a firm stand for local control, Colorado Springs City Council voted to oppose new statewide housing mandates issued by Governor Polis, potentially risking $20 million in state funding. City leaders argue that one-size-fits-all housing policies, like cutting parking and occupancy limits, donโ€™t reflect the needs of the community.

The resolution reinforces Colorado Springsโ€™ home rule authority but could trigger non-compliance penalties. If the state withholds funding, city departments including transit, engineering, housing, and parks could see major shortfalls. The stateโ€™s compliance list wonโ€™t be released until October, but councilmembers say theyโ€™re prepared to pursue legal action to defend the cityโ€™s autonomy. *Source

 

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๐Ÿ“ข ATTENTION MORTGAGE BROKERS!

Are you a mortgage broker and want to become one of our experts? Inquire for sponsorship details at [email protected]

๐Ÿ“‰ Should You Buy or Wait in 2025?

Mortgage Application

Mortgage rates are likely to stay put for most of 2025, as the Federal Reserve continues to take a cautious, wait-and-see approach on interest rates. Despite previous cuts in late 2024, recent meetings have resulted in no changes, with the Fed navigating economic uncertainty driven by inflation, unemployment, and tariffs that may also raise home construction costs.

Experts say homebuyers should focus on financial readiness rather than trying to perfectly time the market. For those with low mortgage rates from the 2020โ€“2021 boom, refinancing may not offer much benefit this year. The next possible rate update will come after the Fedโ€™s June 17โ€“18 meeting. *Read Source 

 

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*Weather Permitting

๐Ÿ‘ฉโ€๐ŸŒพ Farmers Markets - Weather permitting

๐ŸŽถ Summer Concert Series - Weather permitting

 

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The latest Real Estate Roundup issue, focusing on the dynamic and ever-evolving Colorado Springs housing market. Our team has compiled* essential market insights to help you stay ahead in your real estate endeavors. *Data source: Redfin