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Cedar Heights, West Colorado Springs, Market Report as of July 31, 2010

By
Real Estate Agent with ERA Herman Group Real Estate

Colorado Springs Real Estate

Market Report for the Cedar Heights neighborhood in WEST area of Colorado Springs, Single Family Homes

Search for Homes in Cedar Heights

Single Family Homes in Pleasant Valley were primarily built in the 1980's to 1990's.  The majority of the houses are ranches, with 4 to 6 bedrooms, 3 - 6 baths, and 2 - 4car garages.   The average home has appx. to 400 square footage.  The absorption rate of .5 homes per month shows that there is a 17.5 month supply of houses on the market; the housing market is currently a BUYERS MARKET in this area.

 Recap of 2010, 2009 2008, 2007, 2006, 2005, and 2004

 

2010

2009

2008

2007

2006

2005

2004

Number of Homes Sold

 4

10

6

7

9

9

12

Average Sold Price

$538,725

$588,360

 

$641,633

 

$601,242

 

$625,866

 

$632,744

 

$526,760

 

Average Days on Market

 269

201

185

138

110

154

81

Average # of house sold per month

 .60

.84

.50

.60

.75

.75

1.0

 This Colorado Springs Real Estate report contains information on Single Family homes in Cedar Heights.

This information is taken from the Pikes Peak Realtor Services Corp and is deemed reliable but not guaranteed.

 

Colorado Springs Real Estate Agent, An Expert You Can Trust

Selling Real Estate in the Colorado Springs area, including Monument,  Fountain, Larkspur, Pueblo, Castle Rock, Manitou Springs, Woodland Park, Palmer Lake

  www.ColoradoSpringsVintageHomes.com, www.KathyTorline.com

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Anthony Stokes-Pereira
Better Homes and Gardens Rand Realty - Nanuet, NY
Realtor

Very detailed report, I do appreciate you sharing your market area report with us.

Aug 21, 2010 03:34 AM
Kathy Torline
ERA Herman Group Real Estate - Colorado Springs, CO
Colorado Springs Real Estate Blog 719-287-1049

Anthony:

Thanks for the visitng my blog!  Hope your market is improving!

Aug 22, 2010 01:50 AM