Colorado Spring Real Estate Market
Report for Powers
Single Family Homes
Includes: Stetson Hills and Springs Ranch
The POWERS area housing market continues to be a NEUTRAL Market, as there is currently a 5.4 month of supply of homes on the market. A 6 month supply of houses on the market is considered a "NEUTRAL MARKET". Sales units are down 18% from 2007, but pricing is only down 4% from 2007.
Recap of December Activity
- Homes Sold in the last month: 57
Recap of 2008, 2007, 2006, 2005, and 2004
|
|
2008 |
2007 |
2006 |
2005 |
2004 |
|
Number of Homes Sold |
901 |
1,111 |
1393 |
1533 |
1262 |
|
Average Sale Price |
$209,942 |
$219,622 |
$220,961 |
$211,284 |
$194,059 |
|
Sales Price to List Price |
98.1% |
98.8% |
99% |
99.4% |
99.3% |
|
Average Days on Market |
88 |
79 |
64 |
59 |
50 |
|
Average # of house sold per month |
75.1
|
92.6
|
116.1 |
127.8
|
105.2 |
Current Report as of 1-15-09 in Powers
- Active listings: 408
- Under Contract and Pending: 90
Absorption Rate: 75.1 homes per month, a 5.4 month supply of houses currently on the market
This Colorado Springs Real Estate report contains information on Single Family homes in Powers.
This information is taken from the Pikes Peak Realtor Services Corp and is deemed reliable but not guaranteed.
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