March 2008 is in the books and we have calculated the absorption rates for the month. The big news is that the east side of town has risen to take the number one spot while Tri-Lakes and Black Forest have slipped. For the most part these areas have seen a 1% +/- change. Here is the breakdown.


For a detailed view of how the numbers broke down Click Here


Courtesy: Joe Boylan http://www.SpringsHomes.com
 
Posted by Joe Boylan on 04/02/2008 09:51 PM   Comments (2)   ,  
This post has been included in Colorado Information El Paso County, CO Information

2 Comments on Colorado Springs Real Estate Aborption Rates For March 2008

What a neat chart for the absorption rates.  I heard from Countrywide that certain areas in Tri-Lakes have been categorized as soft markets like Woodmoor.  Great information for consumers!

04/03/2008 11:41 PM by Colorado Springs Realty Patricia Beck (Prudential Professional Realtors, GRI)

Thanks Patricia,

I've heard that about parts of Tri-Lakes as well. Apparently there are multiple lists for declining markets. I guess we just cross our fingers and hope our sales use the "good" lists...Joe 

04/04/2008 08:34 AM by Joe Boylan

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Real Estate Agent: Joe Boylan (ERA Shields Real Estate)
Joe Boylan
Colorado Springs, CO
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ERA Shields Real Estate

Office Phone: (719) 388-4000
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