Downtown Mimi

05/13/2026

Sellers take note! The week ending April 21 saw 453 new listings in the Colorado Springs housing market, and 543 PRICE REDUCTIONS! Price wisely!

Sellers take note! The week of April 21 saw 453 new listings in the Colorado Springs housing market, and 543 PRICE REDUCTIONS! Price wisely!

04/02/2026

Spring is here and the rates are dancing! 🌷

The Colorado Springs market just saw a massive 30% jump in closed sales from last month, but rising interest rates are keeping everyone on their toes. Here is what you need to know for April:

Inventory Spike: New listings are up 30% over last month (options for Buyers are back!)

Price Cuts: 1 in 3 homes saw price reductions in March.

The Rate Tug-of-War: We went from 5.8% to 6.6%, shifting Buyer power overnight.

Get the full breakdown and see what your home is worth in today’s shifting market!

Nearly 1 in 3 listings in Colorado Springs reduced their price in March 2026. Strategy matters now more than ever. Ask an expert, Mimi Foster.

03/05/2026

🛑 Sellers: Stop pricing like it’s 2022! 🛑

The March data is in, and the Unicorn Years' Hangover is real. With a $106,000 disconnect in the market right now, knowing the real numbers is the difference between a SOLD sign and an EXPIRED listing. https://cospringsrealestatenews.com/colorado-springs-housing-market-unicorn-hangover/

02/20/2026

Stop falling in love with Zombie Listings that have been dead for days or weeks. Grab a spoon, some ice cream, and learn how to get the VIP backstage pass to the actual MLS.

Stop chasing sold homes on outdated apps. Get rid of Zombie Listings and get real-time Colorado Springs MLS access to find your dream home.

02/10/2026

"A place fit for the gods to assemble."

Did you know Garden of the Gods was almost named a "Beer Garden"? (Bless the surveyor who stepped in with a better idea!)

Whether you're a local or just dreaming of the red rocks, there is a magic to this area that goes beyond the views. I’m diving into the history, the legends (ghost donkeys, anyone?), and why the "Postcard Bonus" makes this area one of the best investments in the Springs.

Take a look:

Explore the magic of Garden of the Gods real estate. Discover why this breathtaking landscape haunts every homebuyer's heart.

02/07/2026

Sellers: Don't let your home become a statistic.

January saw a huge jump in Expired and Withdrawn listings. Why? Because the market has recalibrated, but many list prices haven't.

I’m sharing my Field Notes on why the Average Days on Market jumped to 71 days and how you can avoid that long drag by pricing for today’s reality, not yesterday's wishes. There's a HUGE disconnect between initial list price and final sales price.

Knowledge is power. Read my February market update

The Colorado Springs housing market is balanced for Buyers and Sellers with increased inventory. See Mimi Foster's Feb 2026 market trends.

01/20/2026

We had a record number of Expired listings this year. Sometimes it's strategy, sometimes it's price (high or low!). Don't be discouraged! Now is the time!

Selling an expired listing in Colorado Springs? It's not always price. Get a free audit to reveal marketing gaps and a fresh plan for success

12/12/2025

December Colorado Springs Market Update

Here’s how the year is wrapping up:
• Average Price: $558,234
• Inventory: 4.2 months (more choices!)
• 34% of listings adjusted price

Buyers are cautious. Sellers need to be strategic.
Read the full December Market Report for what this means for you.

December Colorado Springs housing market report covering prices, inventory, activity, and advice for buyers and sellers from Mimi Foster

12/12/2025

I'm finally getting into a rhythm with my Market Reports. Now I just have to remember to post them ;)

Nov 2025 brings balance to the Colorado Springs Housing Market. Pricing and patient Buyers are reshaping real estate as we head into winter

10/03/2025

October Colorado Springs Housing Market Update (based on September sales)

Avg Sales Price: $567,772
Homes taking 50 days on market
41% of sellers reduced prices

More Colorado Springs homes for sale = more buyer choices, but sellers need sharper pricing.

October 12 - 18 is historically the best time to buy real estate in Colorado Springs. Or maybe you're wondering how to sell your home fast in Colorado Springs? Check it out here:

See the October 2025 Colorado Springs real estate market update: prices, days on market, inventory, and expert advice from Realtor Mimi Foster