Colorado Spring Real Estate - Market Report for Northeast Colorado Springs as of 3-31-09
Single Family Homes
Neighborhoods Include: Vista Grande Terrace, Vista Grande, Country Club, St. Andrews
The Northeast area of Colorado Springs housing market continues to be a NEUTRAL,BUYERS Market, as there is currently a 6.5 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 15% from 2008 to 2007, but average pricing is only down 3.5% from 2008 to 2007. 2009 pricing during the first quarter continues to decline.
Recap of 2009, 2008, 2007, 2006, 2005, and 2004
|
|
1-1-2009 to 3-31-09 |
2008 |
2007 |
2006 |
2005 |
2004 |
|
Number of Homes Sold |
141 |
742 |
879 |
1081 |
1032 |
1253 |
|
Average Sale Price |
$213,648 |
$232,157 |
$240,639 |
$242,175 |
$237,587 |
$218,742 |
|
Average Days on Market |
108 |
79 |
73 |
62 |
52 |
50 |
|
Average # of house sold per month |
47 |
61.8 |
73.3 |
90.1 |
86 |
104.3 |
Current Report as of 4-5-09
- Active listings: 326
- Under Contract and Pending : 101
- Absorption Rate: 49.8 homes per month, a 6.5 monthly supply of houses currently on the market
This Colorado Springs Real Estate report contains information on Single Family dwellings in Northeast 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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