Special offer

Homes in Colorado Springs - Market Report for EAST for October 2009

By
Real Estate Agent with ERA Herman Group Real Estate

Colorado Spring Real Estate 

Market Report for East Colorado Springs, Single Family Homes

Neighborhoods Include:  Homes in Village Seven, Rustic Hills

Search for Homes in East Colorado Springs

 The East area of Colorado Springs housing market continues to be a BUYERS  Market, as there is currently a 6 month of supply of homes on the market.   A 6 month supply of houses on the market is considered a "NEUTRAL MARKET".  Pricing continues to go down in 2009 but number of sales is increasing.

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

 

1-1-2008 to 10-31-09

2008

2007

2006

2005

2004

Number of Homes Sold

 605

527

 

629

760

904

822

Average Sale Price

$171,904

$183,970

$194,693

$196,172

$189,629

$179,908

Average # of house sold per month

 60.5

 

 43.9

 

52.4

 

63.3

75.3

 

68.5

Current Report as of 11-17-09

  • Active listings:   360
  • Under Contract and Pending :   112
  • Absorption Rate:  60.5 homes per month, a 6 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.

 

A Colorado Springs Real Estate Agent You Can Trust

Selling HOMES in El Paso & Douglas County; including Colorado Springs, Monument,  Fountain, Larkspur, Pueblo, Castle Rock, Manitou Springs, Woodland Park, Palmer Lake

www.Kathytorline.com   & www.ColoradoSpringsVintageHomes.com

Colorado Springs Real Estate

Posted by KAT

Comments (0)