.png)
El Paso County & Colorado Springs Real Estate Market Report | AUGUST 2026 Stats
-
Active Inventory: Buyers had 817 active listings to choose from throughout the areas included in the August report. Briargate/Northeast had the highest number of active listings with 170, followed by Powers/Marksheffel with 156 and Black Forest with 109.
-
Demand / Closed Sales: Market activity remained strong with 650 properties sold during August, while 616 properties were under contract. Briargate/Northeast recorded the highest number of closed sales with 144, followed by Powers/Marksheffel with 123 and East Side with 101.
-
The Price Baseline: The overall average sales price was $450,000 in August 2026, compared with $511,000 shown for August 2025. Among the individual areas in the report, Northgate/Northwest had the highest average at $587,000, followed by Black Forest at $549,000 and Falcon/Peyton at $518,000.
-
Overall Dynamics: Homes across the areas included in the report sold for an average of 98.8% of their original list price. Central and Powers/Marksheffel both averaged 100%, followed by Falcon/Peyton at 99.6%, East Side at 99.5%, and Briargate/Northeast at 99.3%.
Last Updated: September 2026 | Reporting August 2026 Pikes Peak MLS Statistics
Area | New Active | Sold (Avg) |
|---|---|---|
August 2026 | 817 | $450,000 |
Broadmoor/Cheyenne | 66 | $423,000 |
West/Manitou/Old CO City | 67 | $403,000 |
Northgate/Northwest | 77 | $587,000 |
Briargate/Northeast | 170 | $432,000 |
Powers/Marksheffiel | 156 | $416,000 |
Falcon/Peyton | 6 | $518,000 |
Black Forest | 109 | $549,000 |
Central | 58 | $366,000 |
East Side | 108 | $355,000 |
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 remains especially important. Homes throughout the areas included in the report sold for an average of 98.8% of their original list price in August, showing that well-priced properties continue to attract motivated buyers. Strategic pricing and strong presentation remain important for sellers looking to compete effectively in today’s market.
Understanding the Competitive Baseline
Market conditions continue to vary by neighborhood, making local expertise especially valuable. Central and Powers/Marksheffel both averaged 100% of original list price in August, followed by Falcon/Peyton at 99.6%, East Side at 99.5%, and Briargate/Northeast at 99.3%. Understanding these neighborhood-specific trends can help sellers price and position their homes appropriately for current market conditions.
Additional Buyer Insights
-
More Inventory, More Opportunity: With 817 active listings across the areas included in the August report, buyers have a variety of homes, neighborhoods, and price points to consider when searching for the right property.
-
Know Your Local Market: Market conditions vary considerably across the region. Whether you're searching in Briargate, Black Forest, Broadmoor, Powers, or another Colorado Springs area, understanding neighborhood-specific inventory, pricing, and sales activity can help you make a more informed decision.
-
Understand the Numbers: The August report recorded 650 closed sales and 616 properties under contract, while homes sold for an average of 98.8% of their original list price. Working with an experienced local REALTOR® can help you understand what those trends mean for your individual home search.
CONTACT US
Helpful Resources
-
Real Estate Services: Learn more about our team on the Home Legacy Group Homepage.
-
Industry Data: Review local data rules set by the Pikes Peak Association of REALTORS (PPAR).
-
Mortgage Tracking: Keep up-to-date with industry-wide lending and mortgage trends using Bankrate's Mortgage Guide.