Colorado Spring Real Estate - Northgate, Market Report - Single Family Homes
Close to Air Force Academy
Includes Homes in GlenEagle and Flying Horse
Search for homes in Northgate area of Colorado Springs
Zip Codes: 80921
The Northgate housing market continues to be a BUYERS Market, as there is currently an 6.5 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 2009 were down 2% from 2007, but 2009 pricing was only down 6% from 2008. Sales units continue to decrease in 2010 vs. 2009, but pricing has also continued to decline.
Recap of 2010, 2009, 2008, 2007, 2006, 2005, and 2004
|
2010 |
2009
|
2008 |
2007 |
2006 |
2005 |
2004 |
Number of Homes Sold |
160 |
241 |
247 |
298 |
394 |
389 |
344 |
Average Sale Price |
$351,714 |
$356,799 |
$373,119 |
403,415 |
$402,875 |
$384,487 |
$336,480 |
Average Days on Market |
117 |
103 |
114 |
109 |
76 |
69 |
69 |
Average # of house sold per month |
26.7 |
20.1 |
20.6 |
24.8
|
32.8 |
32.4
|
28.7 |
Current Report as of 6-30-2010 in Northgate
- Active listings: 172
- Under Contract and Pending: 39
- Absorption Rate: 6.5 homes per month
This Colorado Springs Real Estate report contains information on Single Family homes in Northgate
This information is taken from the Pikes Peak Realtor Services Corp and is deemed reliable but not guaranteed.
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