First Quarter 2012 – Colorado Springs Real Estate Statistics

This analysis is brought to you by Bill McAfee of Empire Title of Colorado Springs.

Practically speaking, the numbers do speak for themselves.  With lower inventory levels, buyers are buying what’s available on the Colorado Springs Real Estate market with lower margins between listing prices and actual sales prices. In fact we’re seeing many listing properties that have multiple offers being considered

2012 YTD vs. 2011 YTD

• Average Price DOWN 3.6%

• Median Price DOWN 2.3%

• Residential Units UP Sold 1.6%

• Inventory Levels DOWN 29.8%

• Number of Listings DOWN 26.4%

• Foreclosures DOWN 11.3%

• Interest Rates are at historic lows

Feel free to contact Colorado Springs Realtor, Cherise Selley, Active Licensed Broker/Owner of Selley Group Real Estate, LLC or you may contact our group of Colorado Springs Realtors @ www.selleygroup.com or 2139 Chuckwagon Rd, Ste 210 - Colorado Springs, Colorado 80919 - 719. 598. 5101

Portions of this article are written by Gordon, as framed by the expressed opinions of Cherise, but not proofread.