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Colorado Springs Homes -- July 2009 market report for Central

By
Real Estate Agent with ERA Herman Group Real Estate

Colorado Spring Real Estate  - Published 7-18-09

Market Report for Central Colorado Springs

Single Family Homes

 The Central part of Colorado Springs housing market continues to be a NEUTRAL Market, as there is currently a 5.66 month of supply of homes on the market.   A 6 month supply of houses on the market is considered a "NEUTRAL MARKET".  Sales were only down 16% from 2008 to 2007, but average pricing was down 5% from 2007 to 2008.  473 houses have been sold in 2009 vs. 483 that were sold during the same period in 2008, a 3% decline. 

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

Current Report as of 8-12-09 in Central Area

  • Active listings:     336
  • Under Contract and Pending :    128
  • Absorption Rate:  67.6 homes per month, a 4.97 month supply of houses currently on the market

Central Part of Colorado Springs homes are in District 11 School District

This Colorado Springs Real Estate report contains information on Single Family dwellings in Central Central Colorado Springs

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

 

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