In 2007, the Colorado Springs housing market saw an average of 1,040 new homes go on the market every month and an average of 308 homes sell every month.

In 2007:

  • 19,969 homes for sale went on the market
  • 9,709 homes went under contract
  • 9,547 homes sold

Colorado Springs Real Estate Market - New Listings

Most homes for sale went on the market in May of 2007: 2,234 homes.

Colorado Springs Real Esate Market Report - SOLD Lisings by Month

The most homes for sale in Colorado Springs SOLD in April (943) and May (804).

Read Also: The BEST Times to Buy and Sell Real Estate in Colorado Springs

Colorado Springs Real Estate Market - Sale Data by Area

Colorado Springs neighborhoods with the most homes for sale were:

  • PWR (East of Powers Blvd.): 2,373 homes
  • F/V (Fountain Valley/ Fort Carson): 2,297 homes
  • N/E (Northeast Colorado Springs): 2,019 homes

Read more information on the definitions of the different Colorado Springs MLS Areas and Boundaries.

The Colorado Springs real estate market saw an average of 47.8% of all homes for sale go under contract and sell in 2007.

Top 4 neighborhoods in Colorado Springs with the highest amount of SOLD homes (over 50%):

  • BRI (Briargate and Wolf Ranch): 57.5% of the listed homes SOLD.
  • N/W (Northwest Colorado Springs): 53.5% of the listed homes SOLD.
  • EAS (Eastern Colorado Springs): 53% of the homes SOLD.
  • N/E (Northeastern Colorado Springs): 51.4% of the listed homes SOLD.

Read Also: Existing-Home Sales to Trend Up in 2008

More from this Series:
2007 Colorado Springs Real Estate Market Report: Annual Days on Market Data
2007 Colorado Springs Real Estate Market Report: Annual Sale Price Data
2007 Colorado Springs Real Estate Market Report: Annual List Price to Sale Price Ratios

Posted By: Mariana Wagner - Colorado Springs Real Estate Agent - Wagner iTeam
The Wagner iTeam is a power team of Keller Williams Clients' Choice Realty, specializing in Colorado Springs Real Estate and Monument Real Estate.

Contact UsSearch for Homes in Colorado SpringsColorado Springs Property Values

 

3 Comments on 2007 Colorado Springs Annual Market Report: Housng Inventory

JAN
04
2008
668,838 Points 145 Featured Posts Localism Sponsor Outside Blog Hit Router

This is great information, Mariana. I love the visuals!! Thanks for pointing me to this.

Jeff 

10:20am • #1
I am totally impressed with your graphs. I seem to have a stumbling block when it comes to good graphs. I think I try to cram too much into them. Did you take a special class or can you give any pointers? Thanks!
12:20pm • #2
JAN
05
2008
260,761 Points 67 Featured Posts Localism Sponsor Outside Blog

Thank you Jeff!

Sarah - I created them in MS Word 2007 (07 makes it WAY easy), copied them to Publisher and saved them as a jpg.

1:00am • #3

Leave a response…



(optional)
What does the graphic say?
 
Derek_mariana_30_ Rainmaker_large

Mariana Wagner ~ Colorado Springs REALTOR®

Colorado Springs, CO

More about me…

Wagner iTeam -Keller Williams Hope Realty

Address: Wagner iTeam ~ Keller Williams Realty, 12 E. Kiowa St., Colorado Springs, CO, 80903

Office Phone: (719) 434-7525

Email Me

Colorado Springs Area & Real Estate Information
Our original thoughts, ideas, frustrations, compliments and ramblings about the real estate and related industries. Food for thought ... Get you thinking ... Learn something new ... That is our goal. Enjoy!

Search for Homes in Colorado Springs Colorado Springs Property Values


JOIN ACTIVE RAIN TODAY


Colorado Springs, CO Weather







Derek & Mariana are Associate Brokers with Keller Williams Hope Realty

Wagner iTeam on Facebook






Links

Archives

RSS 2.0 Feed for this blog

Find CO real estate agents and Colorado Springs real estate on ActiveRain.