Colorado Springs MLS Market Update

Colorado Springs MLS Market Update

COLORADO SPRINGS MLS (AND PIKES PEAK REGION) HOUSING STATISTICS FOR JUNE 2010:

June housing trends continue to be positive over June 2009.  Total sales were 913 which is an increase of 14% over June 2009.  Average sales price increased to $237,318 which is a 5% increase over June 2009, and the median sales price increased to $205,000 which is an increase of 5%.   The absorption rate currently stands at 6.0 months, which is approaching the transition period (4-6 months) prior to a sellers market which is 4 months. Time will tell how the first time tax credit impacts the Colorado Springs Housing market with sales in July, the first month after the tax credit.

(Source: Pikes Peak REALTOR Services Corp. monthly PPMLS Statistics)

(Source: Pikes Peak Association of Realtors. RSC does not guarantee or is in any way responsible for its accuracy.  Data maintained by RSC may not reflect all real estate activity in the market.)

For the official word on the Colorado Springs market visit Pikes Peak Facts.

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