Colorado Springs Listing Inventory Numbers:

The November 2008 numbers have been released by the Pike Peak Association of Realtors. Although there are some numbers of serious concern, (499 sales for the month) There are some promising numbers. The number of months of standing inventory is down to 7.5 months.

My hunch is that this is based more on sellers choosing to sit on the sidelines then is some indication of market health. Having said that, I am still happy to see this number drop as we've seen it as high as 10 months earlier this year.

Here is an overview of our Colorado Springs Real Estate Market inventory times.