Is Now the Right Time to Buy or Sell a Home in Colorado Springs and the Pikes Peak Region?

by Marquesa Hobbs, Realtor

When it comes to buying or selling a home, one of the most important decisions you can make is choosing a real estate professional who truly understands the local market. In a recent interview, Marquesa Hobbs of Platinum Roof shared valuable insight into the current state of the Colorado Springs and Pikes Peak real estate market, helping both buyers and sellers understand what to expect in 2026.

 

 

 

 

The Colorado Springs Housing Market Is Stabilizing

As we move through the first quarter of 2026, the good news is that the Pikes Peak housing market is becoming more balanced and sustainable.

According to Marquesa Hobbs, many people still compare today’s market to the intense real estate surge of 2021, but that comparison can be misleading.

March 2021:

  • Approximately 1,000 homes available
  • Historically low interest rates
  • Extremely high buyer competition
  • Multiple bidding wars
  • Unsustainable market conditions

March 2026:

  • Approximately 3,000 homes available
  • More balanced inventory levels
  • Buyers have more time to make decisions
  • Increased negotiation opportunities
  • Healthier market overall

The market today offers a more stable environment for both buyers and sellers, creating opportunities on both sides.

What This Means for Sellers

Homeowners looking to sell in Colorado Springs can still achieve excellent results, but strategy matters more than ever.

Marquesa emphasizes that emotional pricing or relying solely on what neighbors sold for may hurt sellers in today’s market.

Sellers should focus on:

  • Accurate market-based pricing
  • Strategic preparation
  • Professional staging
  • High-quality photography and video
  • Strong first impressions

The first days your home is on the market are critical. Pricing correctly from the beginning can lead to stronger offers and a smoother transaction, while overpriced homes may sit longer and ultimately require price reductions.

Understanding a “Normalized Market”

A normalized market means conditions are becoming more balanced between buyers and sellers, rather than heavily favoring one side.

Current market conditions:

  • About 3 months of inventory
  • More buyer flexibility
  • Increased negotiating power
  • More time for research
  • Less pressure than in previous years

While sellers still have opportunities for multiple offers, buyers now have greater ability to negotiate inspection items, seller concessions, and pricing.

Why Pricing Correctly Matters

One of the most important takeaways from Marquesa Hobbs’ advice is that pricing your home properly is essential.

Overpricing can:

  • Limit buyer visibility
  • Reduce showings
  • Delay offers
  • Complicate appraisal
  • Lead to future price reductions

Marquesa explains that homes are effectively sold twice:

  1. To the buyer
  2. Through the appraisal process

Proper pricing backed by market data and comparable sales ensures sellers attract qualified buyers while maximizing value.

Spring 2026: A Strong Season for Real Estate

Spring remains one of the busiest and most active seasons in real estate, and 2026 is off to a promising start in Colorado Springs.

Whether you are:

  • Buying your first home
  • Upgrading to a larger property
  • Downsizing
  • Relocating

This season presents opportunities, especially when working with an experienced real estate expert.

Expert Guidance Makes the Difference

The Colorado Springs and Pikes Peak real estate market is no longer the chaotic environment of 2021. Instead, it has evolved into a healthier, more sustainable market where preparation, strategy, and expert guidance are key.

Marquesa Hobbs and Platinum Roof continue to provide buyers and sellers with:

  • Market expertise
  • Pricing strategy
  • Professional marketing
  • Negotiation support
  • Personalized real estate guidance

Final Thoughts

If you are considering buying or selling a home in Colorado Springs or the Pikes Peak region, now can absolutely be the right time—provided you approach the market with the right strategy.

The key is partnering with a knowledgeable realtor who understands the shifting landscape and can guide you through every step of the process.

Ready to make your move?

Connect with Marquesa Hobbs and the Platinum Roof team to gain trusted local expertise and confidently navigate today’s Colorado real estate market.

 
 

Top Realtor, Marquesa Hobbs,  is ready to help you whether you are buying or selling Real Estate!

cell 719.238.0330 office 719.536.4444

Marquesa@ColoradoHearthstone.com

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Marquesa Hobbs, Realtor

Marquesa Hobbs, Realtor

+1(719) 238-0330

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