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El Paso County & Colorado Springs Real Estate Market Report | JULY 2026 Stats
The El Paso County real estate market remained active throughout July, continuing to provide buyers with more inventory while sellers benefited from strong demand for well-priced homes. Although average home prices adjusted slightly from last year, homes throughout Colorado Springs and the surrounding communities continued to sell quickly and close to their asking prices.
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Active Inventory: Buyers had 914 new active listings to choose from throughout El Paso County in July, compared to 814 new listings during the same month in 2025. Briargate/Northeast led the market with 197 new listings, followed by East Side (151) and Black Forest (130), providing buyers with a healthy selection of homes across the county.
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Demand / Closed Sales: Market activity remained strong with 818 homes sold during July, while 576 properties moved under contract. Briargate/Northeast recorded the highest number of closed sales (188), followed by Powers/Marksheffel (148) and East Side (108), demonstrating continued buyer demand throughout the region.
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The Price Baseline: The countywide average sales price settled at $502,000, compared to $527,000 during July 2025. While average prices moderated slightly, many desirable neighborhoods continued to experience steady demand, reflecting a healthy and balanced real estate market.
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Overall Dynamics: Proper pricing remains essential in today's market. Homes across El Paso County sold for an average of 99.1% of their original list price, indicating that well-priced, move-in-ready properties continue to attract motivated buyers and strong offers.
Last Updated: August 2026 | Reporting July 2026 Pikes Peak MLS Statistics
Area | New Active | Sold (Avg) | % of Asking Price Received |
|---|---|---|---|
July 2026 | 914 | $502,000 | 99.1% |
Broadmoor/Cheyenne | 57 | $685,000 | 97.5% |
West/Manitou/Old CO City | 81 | $493,000 | 99.1% |
Northgate/Northwest | 99 | $645,000 | 99.0% |
El Paso County Real Estate Market Insights for Buyers & Sellers
For Sellers: Maximizing Your Value in El Paso County
The Importance of Sharp Pricing
With a healthy supply of homes available across El Paso County, pricing your home correctly from day one is more important than ever. Homes throughout the county sold for an average of 99.1% of their original list price in July, showing that buyers are still willing to pay near asking price for well-priced, move-in-ready properties. Strategic pricing continues to be one of the most effective ways to maximize your home's value.
Understanding the Competitive Baseline
Market conditions continue to vary by neighborhood, making local expertise more valuable than ever. Areas such as East Side (99.8%), Powers/Marksheffel (99.7%), and Black Forest (99.5%) remained especially competitive during July, while every community offers unique opportunities depending on inventory, pricing, and buyer demand. Understanding neighborhood trends can help sellers position their home for the best possible outcome.
Additional Buyer Insights
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More Inventory, More Opportunity: Buyers have more homes to choose from across El Paso County than they did this time last year, creating additional opportunities to compare neighborhoods, features, and pricing before making a decision.
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Know Your Local Market: Every community has its own pace and pricing trends. Whether you're searching in Briargate, Black Forest, Broadmoor, Powers, or Downtown Colorado Springs, understanding neighborhood-specific market conditions can help you make a stronger, more informed offer.
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A More Balanced Market: While desirable homes continue to sell quickly, today's buyers often have more flexibility for inspections, financing, and negotiations than during the peak seller's market. Working with an experienced local REALTOR® can help you take advantage of today's opportunities.
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Helpful Resources
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Local Market Trends: Explore the Colorado Springs Real Estate Page for neighboring areas.
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Real Estate Services: Learn more about our team on the Home Legacy Group Homepage.
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Industry Data: Review local data rules set by the Pikes Peak Association of REALTORS (PPAR).
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Mortgage Tracking: Keep up-to-date with industry-wide lending and mortgage trends using Bankrate's Mortgage Guide.