Colorado Spring Real Estate - Northgate
Single Family Homes
Close to Air Force Academy, includes homes in GlenEagle, Flying Horse
Search for homes in Northgate
The Northgate housing market continues to be a BUYERS Market, as there is currently an 9.5 month of supply of homes on the market. A 6 month supply of houses on the market is considered a "BUYERS MARKET". Sales units in 2008 were down 17% from 2007, but 2008 pricing was only down 7.5% from 2007. Sales units continue to increase in 2009 vs. 2008, but average pricing has continued to decline.


Recap of 2009, 2008, 2007, 2006, 2005, and 2004
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1-1-2009 to 10-31-09
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2008
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2007
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2006
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2005
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2004
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Number of Homes Sold
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232
|
247
|
298
|
394
|
389
|
344
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Average Sale Price
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$344,792
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$373,119
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403,415
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$402,875
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$384,487
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$336,480
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Average Days on Market
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97
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114
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109
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76
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69
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69
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Average # of house sold per month
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23.2
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20.6
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24.8
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32.8
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32.4
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28.7
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Current Report as of 11-15-09 in Northgate
- Active listings: 221
- Under Contract and Pending: 52
- Absorption Rate: 23.2 homes per month
This Colorado Springs Real Estate report contains information on Single Family homes in Northgate
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Posted by Kathy Torline
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