Colorado Spring Real Estate
Market Report for Powers - Single Family Homes
Close to Schriever AFB and Peterson AFB
Includes Springs Ranch and Stetson Hills
The Powers housing market continues to be a NEUTRAL/BUEYRS Market, as there is currently a 4.7 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 2008 to 2007, but pricing is only down 4% from 2008 to 2007. 495 Single family homes have been sold in 2009 vs. for the same period in 2008; a decline of 13 %.
Recap of 2009, 2008, 2007, 2006, 2005, and 2004
|
|
1-1-2009 to 06/30/09 |
2008 |
2007 |
2006 |
2005 |
2004 |
|
Number of Homes Sold |
495 |
901 |
1,111 |
1393 |
1533 |
1262 |
|
Average Sale Price |
$199,261 |
$209,942 |
$219,622 |
$220,961 |
$211,284 |
$194,059 |
|
Sales Price to List Price |
98.9 |
98.1% |
98.8% |
99% |
99.4% |
99.3% |
|
Average Days on Market |
73 |
88 |
79 |
64 |
59 |
50 |
|
Average # of house sold per month |
82.5 |
75.1
|
92.6
|
116.1 |
127.8
|
105.2 |
Current Report as of 7-18-09 in Powers
- Active listings: 395
- Under Contract and Pending: 208
- Absorption Rate: 82.5 homes per month, a 4.78 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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Posted by KAT
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