Colorado Spring Real Estate
Market Report for East Colorado Springs - Single Family Homes
Neighborhoods Include: Village Seven, Rustic Hills
The East area of Colorado Springs housing market continues to be a BUYERS Market, as there is currently a 4.4 month of supply of homes on the market. A 6 month supply of houses on the market is considered a "NEUTRAL MARKET". 442 Single family homes have been sold in 2009 vs. 444 for the same period in 20088; a decrease of .2%.
Recap of 2008, 2007, 2006, 2005, and 2004
|
|
1-1-2008 to 7-31-09 |
2008 |
2007 |
2006 |
2005 |
2004 |
|
Number of Homes Sold |
442 |
527
|
629 |
760 |
904 |
822 |
|
Average Sale Price |
TBD |
$183,970 |
$194,693 |
$196,172 |
$189,629 |
$179,908 |
|
Average # of house sold per month |
63.2 |
43.9
|
52.4
|
63.3 |
75.3
|
68.5 |
Current Report as of 8-25-09
- Active listings: 282
- Under Contract and Pending : 209
- Absorption Rate: 63.2 homes per month, a 4.46 monthly supply of houses currently on the market
This Colorado Springs Real Estate report contains information on Single Family dwellings in East area of 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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