Best Time to Buy a Home in 2025

by Timothy Chase

October could bring the best deals of the year — especially in Colorado Springs. Here’s how to prepare.

Why This October Matters for Homebuyers

Buying your first home can feel overwhelming — especially with rising prices and interest rate uncertainty. But according to Realtor.com’s 2025 Best Time to Buy report, there’s a window this fall where the odds finally shift in your favor.

That window? October 12–18, 2025.

Each year, Realtor.com analyzes trends like inventory levels, buyer demand, time on market, and pricing. The week of October 12–18 ranks as the most buyer-friendly week of the year — and that holds true for Colorado Springs too.

So if you’re thinking about making a move, now’s the time to prepare.

Key Takeaways from the 2025 Housing Market

Let’s start with the national outlook. Here’s why that mid-October week stands out:

🏠 More homes for sale: Listings are projected to be 32% higher than early 2025
💸 Lower prices: Buyers could save $15,000 or more compared to summer highs
⏳ Slower market pace: Homes spend more time on the market, giving buyers room to negotiate
👥 Less competition: Buyer activity typically dips 30% below the summer peak
📉 More price reductions: About 1 in 20 homes see a price cut during this week
🆕 New listings: More sellers list mid-October before the holidays

Realtor.com’s full report also shows that Colorado Springs aligns with these trends, making this an important opportunity for local buyers.

Colorado Springs: A Local Market in Your Favor

In Colorado Springs, we see a familiar seasonal rhythm — and fall is often the sweet spot.

✅ Inventory Increases

By October, many homes that were listed in late summer are still available. Sellers who didn’t get offers during the busy season may be more open to negotiation.

✅ Competition Drops

As families settle back into school and holiday planning begins, fewer buyers are active. That means less pressure and fewer bidding wars.

✅ Pricing Gets More Flexible

With homes lingering on the market longer, we often see a rise in price reductions and seller incentives — especially on listings that have been active since July or August.

✅ Local Data Supports It

In 2025, Colorado Springs listings are expected to be up over 30%, and local prices are projected to dip around 8.7% compared to summer.

All signs point to October 12–18 as a rare combination of value, inventory, and opportunity — especially for first-time buyers trying to get in before year-end.

Should You Wait for October to Buy?

If your timeline is flexible, waiting until October might save you money and stress. But even if you’re buying sooner, knowing what’s coming helps you plan better.

The key is to get pre-approved and start watching the market now, so when that perfect home pops up — whether it’s today or in October — you’re ready to move.

How to Prepare Now for Fall Buying Season

Here are three steps to take today to be ready when the fall market hits its stride:

1. Get Pre-Approved with 719 Lending

A pre-approval helps you understand your price range, strengthens your offer, and speeds up your home search. It’s the first step for any serious buyer.
👉 Start your pre-approval now

2. Watch Inventory Trends

Start browsing listings in your preferred neighborhoods. Look for how long homes are sitting and how often prices are dropping — this shows where the market is softening.

3. Know Your Priorities

Would you rather save more money or have more listings to choose from? Prices typically drop deeper in fall, but inventory starts to shrink. Knowing your priorities helps you time your move strategically.

Smart Strategies for First-Time Buyers

Even in a buyer-friendlier market, preparation is key. Here are a few tips for navigating October’s opportunities:

Avoid decision paralysis. With more options and less pressure, it’s easy to overthink. Trust your gut and your budget.
Don’t skip inspections. Fall weather can reveal issues (like roof or HVAC problems), so always get a full inspection.
Negotiate strategically. Sellers may be more open to closing cost help, repairs, or price adjustments. Don’t be afraid to ask.

FAQs About Buying in October

Is mid-October really better than summer for buying?

Yes. Historically, homes are more affordable, inventory peaks, and competition drops — a rare trifecta for buyers.

Are there fewer homes to choose from in the fall?

Not at first. Inventory typically peaks in September or early October, then slowly declines. That’s why October 12–18 is such a valuable sweet spot.

Should I lock in a mortgage rate now or wait?

Rates are expected to ease slightly by late 2025, but timing the bottom is tricky. If you buy when prices are lower, you may still come out ahead — and you can always refinance later.

Final Thoughts from 719 Lending

Buying a home in Colorado Springs in 2025 could be more affordable — and less stressful — than it has been in years. But market conditions change fast, and opportunities like this don’t last forever.

The key is preparation.

Let 719 Lending guide you through the process, from pre-approval to closing. We’ll help you understand your options, explore current inventory, and find a mortgage that fits your goals.

👉 Get started today and let’s plan your move for the right week — and the right home.