Colorado Springs, CO Market Trends

Looking for more information on sold properties? Get the critical details you need on recent commercial property transactions days after the close of sale.

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Multifamily Property Asking Price Index - Sale Trends

  Jan 15 vs. 3 mo. prior Y-O-Y
-
State
$83,612.28 -0.3% +3.5%

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Office Property Asking Price Index - Sale Trends

  Jan 15 vs. 3 mo. prior Y-O-Y
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State
$128.20 +0.5% +2.3%
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Metro
$101.52 +0.9% -2.5%
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County
$102.60 +1.8% -2.4%
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City
$102.97 +1.8% -2.1%

Current Colorado Springs market trends data indicates an increase of +1.8% in the median asking price per sq ft for Office properties compared to the prior 3 months, with a decrease of -2.1% compared to last year's prices. County-wide, asking prices for Office properties are 1.8% higher at $103 per sq ft compared to the current median price of $103 per sq ft for Office properties in Colorado Springs, CO.

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Industrial Property Asking Price Index - Sale Trends

  Jan 15 vs. 3 mo. prior Y-O-Y
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State
$89.20 +2.5% +11.2%
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Metro
$76.41 -1.1% +15.0%
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County
$76.61 -0.7% +16.3%
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City
$78.42 -1.1% +17.7%

Current Colorado Springs market trends data indicates a decrease of -1.1% in the median asking price per sq ft for Industrial properties compared to the prior 3 months, with an increase of +17.7% compared to last year's prices. County-wide, asking prices for Industrial properties are -0.7% lower at $77 per sq ft compared to the current median price of $78 per sq ft for Industrial properties in Colorado Springs, CO.

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Retail Property Asking Price Index - Sale Trends

  Jan 15 vs. 3 mo. prior Y-O-Y
-
State
$152.65 +1.5% +6.3%
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Metro
$163.63 +8.1% +7.1%
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County
$175.88 +8.3% +10.8%
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City
$200.29 +7.9% +17.6%

Current Colorado Springs market trends data indicates an increase of +7.9% in the median asking price per sq ft for Retail Commercial properties compared to the prior 3 months, with an increase of +17.6% compared to last year's prices. County-wide, asking prices for Retail Commercial properties are 8.3% higher at $176 per sq ft compared to the current median price of $200 per sq ft for Retail Commercial properties in Colorado Springs, CO.

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Multifamily Property Sale Prices - Sale Trends

  Jan 15 vs. 3 mo. prior Y-O-Y
-
State
$105,803.80 +7.8% +13.3%

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Office Property Sale Prices - Sale Trends

  Jan 15 vs. 3 mo. prior Y-O-Y
-
State
$132.28 -3.4% +9.5%

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Industrial Property Sale Prices - Sale Trends

  Jan 15 vs. 3 mo. prior Y-O-Y
-
State
$88.19 +2.5% +18.3%

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Retail Property Sale Prices - Sale Trends

  Jan 15 vs. 3 mo. prior Y-O-Y
-
State
$142.15 +4.4% +9.6%

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Multifamily Property Days on Market - Sale Trends

  Jan 15 vs. 3 mo. prior Y-O-Y
-
State
92 -3.1% -17.5%

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Office Property Days on Market - Sale Trends

  Jan 15 vs. 3 mo. prior Y-O-Y
-
State
224 -3.9% -10.4%

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Industrial Property Days on Market - Sale Trends

  Jan 15 vs. 3 mo. prior Y-O-Y
-
State
196 -4.9% -19.7%

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Retail Property Days on Market - Sale Trends

  Jan 15 vs. 3 mo. prior Y-O-Y
-
State
151 +3.1% -11.7%

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Office Property Asking Rent - Lease Trends

  Jan 15 vs. 3 mo. prior Y-O-Y
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State
$16.26 +1.3% +2.0%
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Metro
$11.79 +0.1% +0.6%
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County
$11.88 +0.0% +0.8%
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City
$12.07 0.0% +1.3%

The average asking rental rate per sq ft/year for Office properties in Colorado Springs, CO as of Jan 15 was $12.07. This represents a decrease of 0.0% compared to the prior 3 months, with an increase of +1.3% year-over-year. County-wide, average rental rates in Colorado Springs are +0.0% higher at $11.88 per sq ft/year for Office properties currently for lease.

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Industrial Property Asking Rent - Lease Trends

  Jan 15 vs. 3 mo. prior Y-O-Y
-
State
$8.24 +2.5% +14.5%
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Metro
$7.14 +2.9% +7.9%
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County
$7.14 +2.9% +7.7%
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City
$7.21 +3.1% +7.9%

The average asking rental rate per sq ft/year for Industrial properties in Colorado Springs, CO as of Jan 15 was $7.21. This represents an increase of 3.1% compared to the prior 3 months, with an increase of +7.9% year-over-year. County-wide, average rental rates in Colorado Springs are +2.9% higher at $7.14 per sq ft/year for Industrial properties currently for lease.

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Retail Property Asking Rent - Lease Trends

  Jan 15 vs. 3 mo. prior Y-O-Y
-
State
$15.20 -0.7% +3.5%
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Metro
$12.68 +5.0% +1.8%
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County
$12.75 +4.7% +1.3%
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City
$12.78 +4.2% +0.9%

The average asking rental rate per sq ft/year for Retail Commercial properties in Colorado Springs, CO as of Jan 15 was $12.78. This represents an increase of 4.2% compared to the prior 3 months, with an increase of +0.9% year-over-year. County-wide, average rental rates in Colorado Springs are +4.7% higher at $12.75 per sq ft/year for Retail Commercial properties currently for lease.

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Office Property Days on Market - Lease Trends

  Jan 15 vs. 3 mo. prior Y-O-Y
-
State
199 +9.4% -10.3%

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Industrial Property Days on Market - Lease Trends

  Jan 15 vs. 3 mo. prior Y-O-Y
-
State
179 -3.1% +11.4%

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Retail Property Days on Market - Lease Trends

  Jan 15 vs. 3 mo. prior Y-O-Y
-
State
236 -3.1% -5.6%