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Colorado Springs Homes -- May 2009 market report for Powers

By
Real Estate Agent with ERA Herman Group Real Estate

Colorado Spring Real Estate 

Market Report for Powers area - Single Family Homes

Close to Schriever AFB

Includes homes in Springs Ranch and Stetson Hills

The Powers housing market continues to be a NEUTRAL/BUYERS Market, as there is currently a 6.8 month of supply of homes on the market.   A 6 month supply of houses on the market is considered a "NEUTRAL MARKET".   Sales units are down 18% from 2008 to 2007, but pricing is only down 4% from 2008 to 2007.  391 Single family homes have been sold in 2009 vs. 441 for the same period in 2008; a decline of 13 %.

 

 Current Report as of  6-12-09 in Powers

  • Active listings:    398
  • Under Contract and Pending:       203
  • Absorption Rate:   75.5 homes per month, a 5.2 month supply of houses currently on the market

 This Colorado Springs Real Estate report contains information on Single Family homes in Powers.

This information is taken from the Pikes Peak Realtor Services Corp and is deemed reliable but not guaranteed.

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Posted by KAT