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COS Town Tidings #26-080

Real Estate Roundup Edition

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

  • Black Forest

  • Briargate

  • Broadmoor

  • Cimarron Hills

  • Stetson Hills

  • Banning Lewis Ranch

  • Mountain Shadows

  • Old Colorado City

  • Downtown Colorado Springs

πŸ› Bargain Box

πŸ“’ ATTENTION REALTORS! 🏠

🏑 Market Shift in COS Housing

πŸ“‰πŸ“ˆ Mortgage Whiplash Is Real

πŸ“† Local Events + Concerts and Activities

🌀 COS Weather - Mostly sunny, record heat and breezy with Red flag warnings

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🏑 Unlock the Colorado Springs Housing Market: Latest Home Sales and Market Insights

Black Forest

Properties recently sold ranging from $450K to 1.8M. Click to view Black Forest listings

Briargate

Properties recently sold ranging from $296K to $865K. Click to view Briargate listings

Broadmoor

Properties recently sold ranging from $610K to $752K. Click to view Broadmoor listings

Cimarron Hills

Properties recently sold ranging from $215K to $550K. Click to view Cimarron Hills listings

Stetson Hills (per request)

Properties recently sold ranging from $400K to $470K. Click to view Stetson Hills listings

Banning Lewis Ranch

Properties recently sold ranging from $343K to $760K. Click to view Banning Lewis Ranch listings

Mountain Shadows

Properties recently sold ranging from $490K to $1.1M. Click to view Mountain Shadow listings

Old Colorado City

Properties recently sold ranging from $250K to $1.8M. Click to view Old Colorado City listings

Downtown Colorado Springs

Properties recently sold for $338K. Click to view Downtown Colorado Springs listings

πŸ“’ ATTENTION REALTORS! 🏠

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🏑 Market Shift in COS Housing

El Paso County is seeing an increase in unsold builder-owned homes, particularly in communities like Banning Lewis Ranch, where hundreds of newly built properties remain on the market. While development continues across the region, affordability has become a growing challenge, with home prices and rental costs rising much faster than local incomes over the past five years.

Today, the average monthly mortgage can exceed $3,000, requiring significantly higher household earnings to stay within a comfortable budget. At the same time, homes are taking longer to sell compared to the fast-moving pandemic market, giving buyers more time and options, but also reflecting a shift in demand as the market adjusts to current economic realities. *Source

πŸ“‰πŸ“ˆ Mortgage Whiplash Is Real

Mortgage rates have been on a bit of a rollercoaster, and many in Colorado Springs are feeling it. After gradually declining earlier in 2026, rates have edged back up slightly in March, with the average 30-year mortgage now around 6.1%. At the same time, the Federal Reserve has chosen to pause additional rate cuts after several reductions in late 2025, as it evaluates ongoing economic uncertainty, inflation and global factors.

While rates remain lower than recent highs, the pace of change has slowed, leaving buyers and homeowners in a β€œwait and see” moment. For many, the takeaway is that timing the market perfectly may be less realistic than focusing on affordability and long-term plans. *Read Source

πŸ› Bargain Box: This Week's Hot Deals! (Today, Sat Mar 21)

A new week means new treasures! We're giving you a first look at the incredible finds and amazing sales hitting the floor through today, Mar 21 (up to 75% OFF). Watch now to see what's waiting for you!

πŸ‘‰ Remember, you can donate items here too!

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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

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