An update on the housing market in Colorado Springs

COLORADO SPRINGS, Colo. — More than 1,300 single family homes are up for sale in Colorado Springs.

“The housing thing is becoming a problem especially for first time buyers because that price is moving up. Our average price is $294,000 and just a few years ago it was just barely $200,000,” said Joe Clement, broker/owner of RE/MAX Properties Inc.

But there is still an inventory problem.

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