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Town comparisons › Cascade vs Colorado Springs

Cascade vs Colorado Springs

Cascade and Colorado Springs are both in El Paso County. There are 7 homes for sale in Cascade and 977 in Colorado Springs as this page loaded. Cascade is the more expensive of the two: a median asking price of $579,999 against $500,000 in Colorado Springs, about 16% higher. Homes are moving faster in Cascade — a median of 57 days on market against 62 in Colorado Springs. On months of supply both are a balanced market right now.

Side by side

MeasureCascadeColorado Springs
Homes for sale7977
New in last 30 days0268
Median asking price$579,999$500,000
Median price per sq ft$256$236
Median size (sq ft)2,5902,212
Median bedrooms34
Median days on market5762
Months of supply5.34.1
Sold, last 12 months162,845
Median sold price$553,250$474,000
Median days to sell6269
Sold vs asking price98.0%100.0%

The darker figure in each row is the lower price, the shorter wait or the larger number — which of those is the good news depends entirely on whether you are buying or selling.

What each market is doing

Cascade is a balanced marketBetween three and six months of supply is the range where neither side has the upper hand - well-priced homes sell and buyers still have room to negotiate.
Colorado Springs is a balanced marketBetween three and six months of supply is the range where neither side has the upper hand - well-priced homes sell and buyers still have room to negotiate.

Cascade

7
Homes for sale
$579,999
Median asking price
$256
Median per sq ft
57
Median days on market

Colorado Springs

977
Homes for sale
$500,000
Median asking price
$236
Median per sq ft
62
Median days on market

Look at either town on its own

Questions people ask

Is Cascade or Colorado Springs more expensive?

Cascade is more expensive. The median asking price is $579,999 in Cascade against $500,000 in Colorado Springs. By price per square foot, Cascade runs $256 and Colorado Springs $236.

Which moves faster, Cascade or Colorado Springs?

Homes for sale in Cascade have been on the market a median of 57 days, against 62 days in Colorado Springs. Of the homes that actually closed in the last twelve months, Cascade took a median of 62 days and Colorado Springs 69.

Is Cascade or Colorado Springs the better market for a buyer?

Cascade is a balanced market and Colorado Springs is a balanced market, measured on months of supply — 5.3 months in Cascade and 4.1 in Colorado Springs. More months of supply means more choice and more room to negotiate, so on that measure Cascade is the easier of the two to buy in today. That is the arithmetic, not advice — the right town is the one you want to live in.

How many homes are for sale in Cascade and Colorado Springs?

There are 7 homes for sale in Cascade and 977 in Colorado Springs as this page loaded, 0 and 268 of them new in the last 30 days.

How current are these figures?

They are not published on a schedule and they are not a monthly snapshot. Both towns are read from the live MLS feed at the same instant, when you open this page, so the two sides are always measured against each other rather than against different weeks.

Both sides of this comparison are recalculated from the live MLS feed at the moment the page loads - neither is a monthly snapshot, and the two are read at the same instant so they are always comparable. Figures cover residential homes for sale; rentals, land and commercial are excluded, as are fractional co-ownership shares, which are priced per share and would distort the medians. Sold figures cover the last twelve complete calendar months. Market data is deemed reliable but not guaranteed - talk to us before making a decision on it.