Local notes

Colorado Springs, CO local notes, issue 1

The short answer

In Colorado Springs this month, homes sold fell 10.2% and median days on market rose 11.9%. In the half year to the end of this month, 100% of AI answers we read named an agent or team, matching Colorado.

Housing figures this month

These figures are this month's, from Redfin. Homes sold came to 610, down 10.2%. New listings were 784, down 23.6%. Fewer homes came to market, and fewer closed.

Homes for sale stood at 2,775, up 2.2%. Months of supply was 5, up 12.2%. Median days on market was 47, up 11.9%. Homes are taking longer to sell.

The median sale price was $454,783, down 1.1%. Median price per square foot was $210, down 1.4%. Prices eased a little.

784
New listings in the month
2,775
Homes for sale
47
Median days on market
$454,783
Median sale price

Answers that named an agent

We read 50 AI answers to questions that name no agent, such as who is the best agent in a town. We asked ChatGPT, Perplexity, Gemini and Google AI Overviews. The figures cover the half year to the end of this month.

Of those answers, 100% named at least one agent or team. Colorado also showed 100%. The answers named 95 different agents and teams. Naming is common here, so the question for you is whether your name is among them.

50
AI answers read
4
AI assistants asked
100%
Answers that named an agent or team
95
Agents and teams named

Sources the answers cited

Of the sources cited in those answers, 36.3% were agents', teams' and local firms' own sites. Directories and review sites made up 24.2%. Listing portals made up 20.2%.

In Colorado, own sites were 36.1%, directories 23.1% and portals 21.4%. Colorado Springs looks much like the state.

Your own site is the largest single kind of source cited here. A site that answers local questions plainly gives these answers something of yours to cite.

Sources the answers cited, by kind
Share
Agent, team and local firm sites36.3%
Directories and review sites24.2%
Listing portals20.2%

Data provided by Redfin, a national real estate brokerage.

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