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April Stats Overview for El Paso County, Colorado

By Marianne Snygg

Real Estate Agent with ERA Herman Group Real Estate

June 07, 2009 06:31 AM

April Stats Overview for El Paso County, Colorado
April 2009	All Areas in MLS	El Paso County	Sale Price to Listing Price Ratio
# of New Listings	1445	1288		January	96.9%	Sold	9.2%	DOM	89
# of Active Listings	5009	4115		February	96.6%	Sold	11%	DOM	95
# of Listings Sold	708	631		March	96.8%	Sold	12%	DOM	92
% of Active Listings Sold	14.1%	15.3%		April	96.6%	Sold	15.3%	DOM	93
Total Sold Volume	$148,780,039	$ 131,675,612
Median Price	$ 180,000	$ 180,000		Days On Market (DOM)
Average Price	$ 210,141	$ 208,677		Total Active	5009
Sale to List Price Ratio	96.4%	96.6%		Listings Sold	708	14.1%
Average Days on Market	92	$ 93		Sold In	0-30	32%
				Sold In	31-60	17.5%
Active Listings		Sold Listings		Sold In	61-90	13%	[62.5%]
Active under $400,000	74%	93%		Sold In	91-120	10%	[72.5%]
Active over $400,000	26%	7%		Sold In	120+	27.5%	[100%]
Between $400,000 and $500,000	8.4%	2.8%
Between $500,000 and $800,000	11.4%	2.8%
Active over $800,000	6.2%	1%

Active Listing Analysis		Existing Home Sales Analysis
From March 09 to Apr 09	-7.2%	From March 09 to Apr 09	25.1%
From Apr 08 to Apr 09	-21.3%	From Apr 08 to Apr 09		-8.3%
Year-to-Date 2008	6736	Year-to-Date 2008			2584
Year-to-Date 2009	5597	Year-to-Date 2009			2191
New Listings Dropped	-16.9%	Change			-15.2%

Comment
Listing inventory continues to shrink. In spite of the economic crisis, Colorado Springs' housing market has done very well.
As always, pricing is important to a quick sale.

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c m

Colorado Springs, CO

Average DOM surprises me a bit, as I was under the impression that C Springs market was doing much better than other areas of the country. The numbers are still good, it just surprises me...

Jun 07, 2009 11:29 AM

Marianne Snygg

ERA Herman Group Real Estate - Monument, CO

ABR, ASP, GRI, SFR

Cheryl: Thanks for stopping by. I threw these up in a hurry. What a mess, too. I have to find a better format for this and stick with it.

I'm not surprised by the days on market. I think they're very good. 6 months is an equal market, so shorter is a seller's market and longer is a buyer's. Of course that average is for the average list price, too. So properties in the higher price range, Bethany, will take longer.

Jun 07, 2009 04:05 PM

Did not know the "equal market" fact, it makes sense. I just meant that I thought our DOM would be shorter still, than the "all areas" since our market is doing so well... You know how stagers want it to sell FAST so we get the great stats! =o)

Jun 07, 2009 06:02 PM

Cheryl: The "all areas" are all areas of the MLS that are not int El Paso County. We have some listings in Douglas, Teller, and other close by counties included. Have a great week!

Jun 08, 2009 01:35 AM

April Stats Overview for El Paso County, Colorado

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Marianne Snygg

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