March 2013
There are currently 85 active listings, 54 pending sales, and 25 sales in the Northwest area of Academy School District 20 for the month of March. Northwest includes the popular District 20 neighborhoods of Peregrine and Rockrimmon. The pending ratio is very high at 38.8%. The pending ratio represents the supply and demand of the market. The higher the ratio, the greater the demand. A low ratio indicates more supply than demand.
The average sales price to list price ratio is a healthy 98.4%, indicating that sellers are not negotiating much below the sales price.
For the Northwest area of Colorado Springs, average sales price is $280,279 and the median sales price is $258,000.
Average days on market is down to 136 days for Northwest with 3.4 months of inventory. For information about listing your Northwest home for sale, visit Selling Your Colorado Springs Home.
Compare demographics for Colorado Springs zip codes with other zip codes in Colorado Springs or the nation, visit the Colorado Springs Market Insider.
For information about listing your home for sale, visit Selling Your Colorado Springs Home.
For the complete report visit Real Estate Market Report for Peregrine, Rockrimmon, and Northwest.
|
Actives
|
Pending |
Sold |
Average Sales Price |
Median Sales Price |
|
| Peregrine | 14 | 8 | 6 | $451,000 | $437,000 |
| Rockrimmon | 21 | 32 | 5 | $189,000 |
$166,000 |
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