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

  Jun 16 vs. 3 mo. prior Y-O-Y
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State
$115,944.03 -0.3% +38.0%

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Office Property Asking Price Index - Sale Trends

  Jun 16 vs. 3 mo. prior Y-O-Y
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State
$144.09 +3.0% +8.8%
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Metro
$113.36 +3.0% +9.7%
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County
$114.34 +1.7% +8.2%
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City
$115.47 +2.0% +8.0%

Current Colorado Springs market trends data indicates an increase of +2.0% in the median asking price per sq ft for Office properties compared to the prior 3 months, with an increase of +8.0% compared to last year's prices. County-wide, asking prices for Office properties are 1.7% higher at $114 per sq ft compared to the current median price of $115 per sq ft for Office properties in Colorado Springs, CO.

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Industrial Property Asking Price Index - Sale Trends

  Jun 16 vs. 3 mo. prior Y-O-Y
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State
$107.59 +3.0% +13.9%
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Metro
$83.22 +5.6% +5.7%
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County
$81.79 +5.5% +3.0%
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City
$84.52 +6.6% +6.3%

Current Colorado Springs market trends data indicates an increase of +6.6% in the median asking price per sq ft for Industrial properties compared to the prior 3 months, with an increase of +6.3% compared to last year's prices. County-wide, asking prices for Industrial properties are 5.5% higher at $82 per sq ft compared to the current median price of $85 per sq ft for Industrial properties in Colorado Springs, CO.

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Retail Property Asking Price Index - Sale Trends

  Jun 16 vs. 3 mo. prior Y-O-Y
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State
$173.06 +0.3% +14.1%
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Metro
$157.77 -5.4% +2.0%
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County
$164.46 -7.1% -0.2%
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City
$166.38 -9.9% -9.6%

Current Colorado Springs market trends data indicates a decrease of -9.9% in the median asking price per sq ft for Retail Commercial properties compared to the prior 3 months, with a decrease of -9.6% compared to last year's prices. County-wide, asking prices for Retail Commercial properties are -7.1% lower at $164 per sq ft compared to the current median price of $166 per sq ft for Retail Commercial properties in Colorado Springs, CO.

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Office Property Asking Rent - Lease Trends

  Jun 16 vs. 3 mo. prior Y-O-Y
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State
$17.43 +2.1% +5.0%
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Metro
$12.00 0.0% +0.6%
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County
$12.09 -0.3% +0.4%
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City
$12.16 -0.3% -0.9%

The average asking rental rate per sq ft/year for Office properties in Colorado Springs, CO as of Jun 16 was $12.16. This represents a decrease of -0.3% compared to the prior 3 months, with a decrease of -0.9% year-over-year. County-wide, average rental rates in Colorado Springs are -0.3% lower at $12.09 per sq ft/year for Office properties currently for lease.

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Industrial Property Asking Rent - Lease Trends

  Jun 16 vs. 3 mo. prior Y-O-Y
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State
$8.59 +1.6% +2.7%
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Metro
$7.41 +1.5% +2.6%
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County
$7.49 +1.7% +3.6%
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City
$7.65 +2.2% +5.4%

The average asking rental rate per sq ft/year for Industrial properties in Colorado Springs, CO as of Jun 16 was $7.65. This represents an increase of 2.2% compared to the prior 3 months, with an increase of +5.4% year-over-year. County-wide, average rental rates in Colorado Springs are +1.7% higher at $7.49 per sq ft/year for Industrial properties currently for lease.

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Retail Property Asking Rent - Lease Trends

  Jun 16 vs. 3 mo. prior Y-O-Y
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State
$15.89 -0.6% +5.2%
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Metro
$14.11 -4.0% +6.8%
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County
$14.18 -4.0% +6.6%
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City
$14.09 -4.0% +5.4%

The average asking rental rate per sq ft/year for Retail Commercial properties in Colorado Springs, CO as of Jun 16 was $14.09. This represents a decrease of -4.0% compared to the prior 3 months, with an increase of +5.4% year-over-year. County-wide, average rental rates in Colorado Springs are -4.0% lower at $14.18 per sq ft/year for Retail Commercial properties currently for lease.