Homes in the East End Addition -- Market Report for March 2009

  Colorado Springs Real Estate Market

Report for East End Addition Homes - Single Family Homes

Related Posts:  Houses in Central Colorado Springs aren't staying on the market long

 Single Family Homes in the East End Addition were primarily built from 1920 to 1960.  The majority of the houses are ranches, 2 baths, and 1 - 2 car garages.   The average home has appx. 1500 to 2500 square footage.  The absorption rate of .8 houses per month shows that there is a 6 month supply of houses on the market; the housing market is currently a NEUTRAL BUYER's MARKET in this area.  A   month supply of houses on the market is considered a "NEUTRAL MARKET"

 Recap of 2009, 2008, 2007, 2006, 2005, and 2004

Current Report as of  4-25-09  in East End Addition

• Active listings:   5
• Under Contract and Pending:   4   
• Absorption Rate:  .8  per month

East End Addition is located in the Central Part of Colorado Springs East of Hancock and in District 11 School District

• Grade School:  Columbia
• Middle School: North
• High School:  Palmer

Homes in the East End Addition is:

• Close to Memorial Hospital
• Close to and the Olympic Training Center
• Close to Colorado College
• Great views of Pikes Peak
• Close to the Colorado Springs School for Deaf and Blind
• 20 Minutes from the Colorado Springs Airport
• 10 minutes from Citadel Shopping Mall
• Minutes from Downtown Colorado Springs

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Posted by KAT