Market report, updated

Prospect Lake Home Values and Market Report

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Report prepared by Hearthandhillrealty.com Vara: The Real Estate Collective

Market at a glance

Average price, last 12 months

What sellers asked vs. what homes actually sold for, by closing month.

List · $279K Sold · $279K
$440K$370K$300K$230K
NovDecJanFebMarAprMayJunJulAugSepOct

Homes sold per month

Closed sales, last 12 months.

Peak: 2 sales in Apr. Last month: 1.

Where the market stands

All homes in this report, by status.

12homes
Active7 · 58%
Sold (12 mo)5 · 42%

Buyer's or seller's market?

Months it would take to sell every active home at the pace of the last 6 months.

14.0months of inventory
Seller's, under 4BalancedBuyer's, over 6

Buyers have room to negotiate in this market.

Average price by status

Active$371K
Sold$350K

Average days on market

Active84 days

Browse homes by status

Choose a status to see its numbers, charts and listings.

Active homes

Currently for sale
Homes for sale 7
Average list price $370,685
Avg. days on market 84 days
Avg. price per ft² $234 Based on 6 of 7 homes
Avg. living area 1,745 ft² Based on 6 of 7 homes
Avg. beds / baths 3.0 / 2.0

Price vs. living area

Each dot is a home. Hover a dot for its address, click it to see the home.

1 home didn’t report living area and isn’t shown.

$600K$400K$200K$0

Price vs. living area: 6 homes plotted, up to $600K and 6,000 ft².

0 ft²2,0004,0006,000 ft²

How long homes have been listed

Number of homes by days on market.

Bedroom mix

Number of homes by bedroom count.

1 home didn’t report bedrooms and isn’t shown.

Highest price per ft²

Top 6 homes in this status.

1220 E Fountain Blvd$341
728 Prospect Lake Dr$277
716 S Sheridan Ave$249
713 S Sheridan Ave$226
726 Prospect Lake Dr$162
1223 E Rio Grande St$154

All active listings

Click a column to sort
AddressBedsBathsLiving ft²List price$ / ft²Days on market
716 S Sheridan AveColorado Springs, CO 80910 421,644$410,000$24965 days
1223 E Rio Grande StColorado Springs, CO 80910 343,065$475,000$15488 days
728 Prospect Lake DrColorado Springs, CO 80910 21972$270,000$27771 days
713 S Sheridan AveColorado Springs, CO 80910 ———$379,900—89 days
713 S Sheridan AveColorado Springs, CO 80910 321,677$379,900$22688 days
726 Prospect Lake DrColorado Springs, CO 80910 422,150$349,999$16291 days
1220 E Fountain BlvdColorado Springs, CO 80910 21966$329,999$34195 days
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Questions about this market?

These numbers move every month. For what they mean for your home, or for a home you have your eye on, get in touch.

Hearthandhillrealty.com Vara: The Real Estate Collective

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The real estate listing information and related content displayed on this site is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This information and related content is deemed reliable but is not guaranteed accurate by the Pikes Peak REALTOR® Services Corp d/b/a elevateMLS.