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Colorado Springs Homes -- June 2009 market report for Manitou Springs

By
Real Estate Agent with ERA Herman Group Real Estate

Colorado Spring Real Estate 

Single Family Homes

The Manitou Springs housing market continues to be a Buyer's Market, as there is currently a 15 month of supply of homes on the market.   A 6 month supply of houses on the market is considered a "NEUTRAL MARKET".  Sales are only 1% from 2008 to 2007, but average pricing is down 10% from 2008 to 2007.  23 Single family homes have been sold in 2009 vs. 29 for the same period in 2008; a decline of 25%.

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

 

Current Report as of 07/27/09 in Manitou Springs

  • Active listings:    85
  • Under Contract and Pending:   17
  • Absorption Rate:    3.8 homes per month, a 22 month supply of houses currently on the market.  

Manitou Springs Homes are:

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

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

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Colorado Springs Real Estate

Posted by KAT