Colorado Springs, CO Market TrendsBETA

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

  Mar 14 vs. 3 mo. prior Y-O-Y
-
State
$76,905.81 -5.9% +0.4%

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Office Property Asking Price Index - Sale Trends

  Mar 14 vs. 3 mo. prior Y-O-Y
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State
$125.50 +0.1% +3.4%
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Metro
$104.74 +0.6% +8.9%
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County
$105.70 +0.5% +8.6%
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City
$105.23 -0.3% +7.0%

Current Colorado Springs market trends data indicates a decrease of -0.3% in the median asking price per sq ft for Office properties compared to the prior 3 months, with an increase of +7.0% compared to last year's prices. County-wide, asking prices for Office properties are 0.5% higher at $106 per sq ft compared to the current median price of $105 per sq ft for Office properties in Colorado Springs, CO.

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Industrial Property Asking Price Index - Sale Trends

  Mar 14 vs. 3 mo. prior Y-O-Y
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State
$81.77 +2.2% +7.6%
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Metro
$68.38 +3.5% +6.0%
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County
$67.84 +3.5% +4.5%
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City
$68.89 +4.3% +5.5%

Current Colorado Springs market trends data indicates an increase of +4.3% in the median asking price per sq ft for Industrial properties compared to the prior 3 months, with an increase of +5.5% compared to last year's prices. County-wide, asking prices for Industrial properties are 3.5% higher at $68 per sq ft compared to the current median price of $69 per sq ft for Industrial properties in Colorado Springs, CO.

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Retail Property Asking Price Index - Sale Trends

  Mar 14 vs. 3 mo. prior Y-O-Y
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State
$140.32 -2.3% +4.8%
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Metro
$150.71 +1.6% +8.9%
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County
$155.61 +1.6% +8.6%
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City
$169.20 +2.8% +2.7%

Current Colorado Springs market trends data indicates an increase of +2.8% in the median asking price per sq ft for Retail Commercial properties compared to the prior 3 months, with an increase of +2.7% compared to last year's prices. County-wide, asking prices for Retail Commercial properties are 1.6% higher at $156 per sq ft compared to the current median price of $169 per sq ft for Retail Commercial properties in Colorado Springs, CO.

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Multifamily Property Sale Prices - Sale Trends

  Mar 14 vs. 3 mo. prior Y-O-Y
-
State
$88,865.42 -7.0% -4.3%

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Office Property Sale Prices - Sale Trends

  Mar 14 vs. 3 mo. prior Y-O-Y
-
State
$116.65 -3.1% +13.4%

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Industrial Property Sale Prices - Sale Trends

  Mar 14 vs. 3 mo. prior Y-O-Y
-
State
$75.67 +1.5% +12.5%

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Retail Property Sale Prices - Sale Trends

  Mar 14 vs. 3 mo. prior Y-O-Y
-
State
$124.01 -7.7% +9.9%

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Multifamily Property Days on Market - Sale Trends

  Mar 14 vs. 3 mo. prior Y-O-Y
-
State
118 +4.1% -19.9%

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Office Property Days on Market - Sale Trends

  Mar 14 vs. 3 mo. prior Y-O-Y
-
State
238 -4.6% -4.7%

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Industrial Property Days on Market - Sale Trends

  Mar 14 vs. 3 mo. prior Y-O-Y
-
State
243 -1.8% +14.7%

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Retail Property Days on Market - Sale Trends

  Mar 14 vs. 3 mo. prior Y-O-Y
-
State
172 +5.1% +10.7%

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Office Property Asking Rent - Lease Trends

  Mar 14 vs. 3 mo. prior Y-O-Y
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State
$16.07 +0.8% +3.6%
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Metro
$11.73 -0.4% -1.2%
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County
$11.81 -0.1% -0.8%
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City
$11.96 -0.1% -0.5%

The average asking rental rate per sq ft/year for Office properties in Colorado Springs, CO as of Mar 14 was $11.96. This represents a decrease of -0.1% compared to the prior 3 months, with a decrease of -0.5% year-over-year. County-wide, average rental rates in Colorado Springs are -0.1% lower at $11.81 per sq ft/year for Office properties currently for lease.

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Industrial Property Asking Rent - Lease Trends

  Mar 14 vs. 3 mo. prior Y-O-Y
-
State
$7.38 +3.3% +9.0%
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Metro
$6.63 -0.2% -0.5%
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County
$6.65 -0.3% -0.4%
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City
$6.70 -0.3% -0.2%

The average asking rental rate per sq ft/year for Industrial properties in Colorado Springs, CO as of Mar 14 was $6.70. This represents a decrease of -0.3% compared to the prior 3 months, with a decrease of -0.2% year-over-year. County-wide, average rental rates in Colorado Springs are -0.3% lower at $6.65 per sq ft/year for Industrial properties currently for lease.

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Retail Property Asking Rent - Lease Trends

  Mar 14 vs. 3 mo. prior Y-O-Y
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State
$14.80 +1.1% +3.4%
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Metro
$12.68 +0.7% +4.2%
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County
$12.82 +0.8% +4.6%
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City
$12.87 +0.7% +4.1%

The average asking rental rate per sq ft/year for Retail Commercial properties in Colorado Springs, CO as of Mar 14 was $12.87. This represents an increase of 0.7% compared to the prior 3 months, with an increase of +4.1% year-over-year. County-wide, average rental rates in Colorado Springs are +0.8% higher at $12.82 per sq ft/year for Retail Commercial properties currently for lease.

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Office Property Days on Market - Lease Trends

  Mar 14 vs. 3 mo. prior Y-O-Y
-
State
227 +3.0% +17.5%

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Industrial Property Days on Market - Lease Trends

  Mar 14 vs. 3 mo. prior Y-O-Y
-
State
174 +7.9% +3.2%

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Retail Property Days on Market - Lease Trends

  Mar 14 vs. 3 mo. prior Y-O-Y
-
State
275 +14.2% +6.6%