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Town comparisons › Cascade vs Manitou Springs

Cascade vs Manitou Springs

Cascade and Manitou Springs are both in El Paso County. There are 7 homes for sale in Cascade and 19 in Manitou Springs as this page loaded. Cascade is the more expensive of the two: a median asking price of $579,999 against $560,000 in Manitou Springs, about 4% higher. Homes are moving faster in Cascade — a median of 57 days on market against 81 in Manitou Springs. Cascade is a balanced market right now and Manitou Springs is a buyer's market.

Side by side

MeasureCascadeManitou Springs
Homes for sale719
New in last 30 days03
Median asking price$579,999$560,000
Median price per sq ft$256$355
Median size (sq ft)2,5902,046
Median bedrooms33
Median days on market5781
Months of supply5.37.6
Sold, last 12 months1630
Median sold price$553,250$651,500
Median days to sell6270
Sold vs asking price98.0%97.0%

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.
Manitou Springs is a buyer's marketOver six months of supply means there are more homes for sale than the current pace of sales absorbs. Buyers have choice and time, and sellers usually have to compete on price or condition.

Cascade

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

Manitou Springs

19
Homes for sale
$560,000
Median asking price
$355
Median per sq ft
81
Median days on market

Look at either town on its own

Questions people ask

Is Cascade or Manitou Springs more expensive?

Cascade is more expensive. The median asking price is $579,999 in Cascade against $560,000 in Manitou Springs. By price per square foot, Cascade runs $256 and Manitou Springs $355.

Which moves faster, Cascade or Manitou Springs?

Homes for sale in Cascade have been on the market a median of 57 days, against 81 days in Manitou Springs. Of the homes that actually closed in the last twelve months, Cascade took a median of 62 days and Manitou Springs 70.

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

Cascade is a balanced market and Manitou Springs is a buyer's market, measured on months of supply — 5.3 months in Cascade and 7.6 in Manitou Springs. More months of supply means more choice and more room to negotiate, so on that measure Manitou Springs 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 Manitou Springs?

There are 7 homes for sale in Cascade and 19 in Manitou Springs as this page loaded, 0 and 3 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.