Home sales increased in El Paso County by 12.7% for the month of February when compared to the previous month of January. Compared this time last year, single family home sales are 25% higher.
There were 144 fewer single family home sales in February 2014. Compared to the previous month of January, the average sales price ($248,279) and the median sales price ($225,000) decreased. Last February, the average sales price was $229,446 and the median sales price was $196,000. There continues to be competition among home buyers in the current real estate market and sellers are receiving multiple offers.
**Information gathered from the Pikes Peak MLS is deemed reliable but not guaranteed
Also Read: El Paso County Inventory Statistics for February 2015
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