Colorado Spring Real Estate
Market Report for Southeast Colorado Springs
Single Family Homes
The Southeast area of Colorado Springs housing market continues to be a BUYERS Market, as there is currently a 10.5 month of supply of homes on the market. A 6 month supply of houses on the market is considered a "NEUTRAL MARKET". Sales are only down 16% from 2007, but average pricing is only down 9.5% from 2007.
Recap of December Activity
- Homes Sold in the last month: 72
Recap of 2008, 2007, 2006, 2005, and 2004
|
|
2008 |
2007 |
2006 |
2005 |
2004 |
|
Number of Homes Sold |
521 |
624 |
726 |
879 |
744 |
|
Average Sale Price |
$135.986 |
$150,322 |
$161,569 |
$154,116 |
$145,247 |
|
Sales Price to List Price |
97.9% |
98.5% |
99.4% |
98.8% |
99.5% |
|
Average Days on Market |
73 |
76 |
60 |
53 |
49 |
|
Average # of house sold per month |
43.4 |
52 |
60.5 |
73.3 |
62 |
Current Report as of 1-15-09
- Active listings: 463
- Under Contract and Pending : 84
Absorption Rate: 43.4 homes per month, a 10.5 monthly supply of houses currently on the market
This Colorado Springs Real Estate report contains information on Single Family dwellings in Southeast area of Colorado Springs
This information is taken from the Pikes Peak Realtor Services Corp and is deemed reliable but not guaranteed.
A Colorado Springs Real Estate Agent You Can Trust
Selling HOMES in El Paso & Douglas County; including Colorado Springs, Monument, Fountain, Larkspur, Pueblo, Castle Rock, Manitou Springs, Woodland Park, Palmer Lake
www.Kathytorline.com & www.ColoradoSpringsVintageHomes.com
Posted by KAT
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