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

 

 

1-1-2009 to 10-31-09

 

2008

2007

2006

2005

2004

Number of Homes Sold

232

247

298

394

389

344

Average Sale Price

$344,792

$373,119

403,415

$402,875

$384,487

$336,480

Average Days on Market

 97

114

109

76

69

69

Average # of house sold per month

23.2

20.6

24.8

 

32.8

32.4

 

28.7

 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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Colorado Springs Real Estate

Posted by Kathy Torline

 
This post has been included in Colorado Real Estate News El Paso County, CO Real Estate News Colorado Springs, CO Real Estate News Northgate (Colorado Springs, CO) Real Estate News
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0 Comments on Homes in Colorado Springs - Market Report for Northgate as of October 2009


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Kathy Torline,    Colorado Springs Real  Estate Blog       719-287-1049 (ERA Herman Group Real Estate) Rainmaker_large

Kathy Torline, Colorado Springs Real Estate Blog 719-287-1049

Colorado Springs, CO

More about me…

ERA Herman Group Real Estate

Address: 4065 N. Sinton, Suite 200, Colorado Springs, CO, 80907

Cell Phone: (719) 287-1049

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