Should You Sell Your $600K to $1M Home in Colorado Springs Right Now?

Is now a smart time to list your home in the $600,000 to $1,000,000 price range?

If your home sits in the $600K to $1M segment, you're in a unique position. While the Colorado Springs market is active, buyer behavior is shifting. Understanding how to price, prepare, and position your home could make a big difference in your outcome.

What the Latest Market Data Says

MLS data for the Colorado Springs area shows:

  • Median sold price: $715,000 
  • List-to-sale price ratio: 98.7%
  • Median days on market: 49 
  • Average days on market: 68 
  • Total sales: 1,152 homes in this price range recently

These stats reveal that homes are still selling, but buyers are becoming more selective. They're negotiating. They're waiting longer. Some listings are taking months to move.

Top 5 Signals It's Time to Sell:

  1. You're planning to downsize or relocate
  2. You've built solid equity in your current home 
  3. You're sitting on a vacant or investment property 
  4. You need to sell in order to buy your next home 
  5. You're curious what your home could command in today's market

Why the $600K to $1M Range Needs Strategy

This price segment is filled with beautiful homes, but many are similar in size, layout, and features. Buyers in this range are comparison shopping, and they have options.

That means: 

  • Small details and updates matter more 
  • Pricing strategy is critical from day one 
  • Marketing must make your home stand out

Homes that look great, are priced right, and marketed intentionally tend to attract more showings, better offers, and faster sales, even in a cautious market.

How to Maximize Your Sale Price

Here’s how we position homes to sell well in this range: 

  • Nail the price. Too high and you'll sit. Too low and you'll leave money on the table. 
  • Prep like a pro. Declutter, refresh paint, stage key rooms. 
  • Tell the story. Through strategic marketing, photography, and targeted exposure. 

As a local REALTOR®, I work with sellers every day in this segment and know what buyers are responding to right now.

3 Things to Avoid: 

  • Overpricing "just to see what happens" 
  • Relying on outdated comps from hotter markets 
  • Listing before your home is truly ready

Final Takeaway

If you’re thinking about selling your $600,000 to $1,000,000 home in the Colorado Springs area, now is the time to have a strategic conversation. With the right approach, your home can attract the right buyer at the right price.

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Ready to start the conversation? Call, text, or email me directly and let’s find your next home. 

Monica Shea | KW Aspire | 719.659.2613 | [email protected]

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