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El Paso County & Colorado Springs Real Estate Market Report | May 2026 Stats
The El Paso County real estate market continues to stabilize, transitioning into a highly competitive but healthy market environment for the peak summer moving season. While demand remains steady throughout Colorado Springs and surrounding areas, buyers are seeing an improvement in available options as single-family inventory continues to level out.
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Demand / Closed Sales: A total of 1,114 homes were sold and closed across the county as activity ramps up into the early summer.
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The Price Baseline: The median sales price came in at $458,719, representing a minor year-over-year adjustment of -3.6%. This normalization is opening windows of opportunity for buyers who were previously priced out of the Front Range market.
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Pace of the Market: Homes are moving faster than last year, averaging just 44 median days on market before going pending.
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Overall Dynamics: Sellers who price accurately are seeing steady interest, with average properties selling right around 98.6% to 99% of their original list price depending on the specific neighborhood pocket.
Area | New Active | Sold (Avg) |
|---|---|---|
April 2026 | 1,540 | $458,719 |
Broadmoor/Cheyenne | 58 | $630k |
West/Manitou/Old CO City | 86 | $601k |
Northgate/Northwest | 90 | $626k |
Briargate/Northeast | 154 | $418k |
Powers/Marksheffiel | 163 | $400k |
Falcon/Peyton | 17 | $609k |
Black Forest | 135 | $518k |
Central | 74 | $431k |
East Side | 106 | $325k |
El Paso County Real Estate: Strategic Insights for Buyers & Sellers
For Sellers: Maximizing Your Value in El Paso County
The Importance of Sharp Pricing
With a steady influx of single-family inventory entering the Pikes Peak region this summer, precision pricing is your greatest tool. Across El Paso County, homes are commanding an average sale-to-list ratio of 99.0%. In highly competitive areas like the East Side, properties are actually averaging 100.5% of their asking price, meaning well-polished homes are still yielding fantastic premiums.
Understanding the Competitive Baseline
Sellers still hold great leverage, but conditions vary by neighborhood. While areas like Central and Powers continue to hover near full list price, luxury or sprawling pockets like Broadmoor/Cheyenne see numbers soften slightly to 97.9%. To avoid chasing the market downward, pricing accurately from day one is critical.
Additional Buyer Insights
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Targeting High-Inventory Sectors: If you want more leverage and room to negotiate inspection items, look toward Powers/Marksheffel (163 active listings) or Briargate/Northeast (154 active listings), which offer the largest selections of available homes right now.
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Prepare for Competition on the East Side: Buyers looking for entry-level single-family homes on the East Side need to act decisively, as properties here are still selling over list price on average (100.5%).
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Favorable Long-Term Value: With the overall county average holding steady at $506k, buyers are enjoying a vastly more stable environment with room for standard home due diligence compared to the chaotic bidding wars of past summers.
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.