Homes in Colorado Springs appreciated 11.3 percent in 2020 â ranking No. 5 nationwide in percentage increase in value. CaseyMartin / Shutterstock.com
On Jan. 4, only 341 single family detached homes in all price categories were for sale in El Paso County. Also listed that day were eight patio homes, 34 townhomes and 16 condos.
Harry Salzman, ERA Shields/Salzman Real Estate Services, pulled that data from the Colorado Multiple Listing Service.
In a county with a population currently estimated by the U.S. Census Bureau at more than 720,000, those figures reveal that homes are getting snapped up.
Another way to look at the local home market is months-supply data â the number of months it would take for current inventory on the market to sell, given the current pace.