Colorado Spring Real Estate - West
Market Report - Single Family Homes
Includes Homes in Pleasant Valley and Kissing Camels
The West housing market continues to be a BUYERS Market, as there is currently an 7.24 month of supply of homes on the market. A 6 month supply of houses on the market is considered a "NEUTRAL MARKET". Sales units were ONLY down 1% from 2008 to 2007, but pricing was down more than16% from 2008 to 2007. 145 sales in 2009 vs. 139 sales in 2008, show an increase in sales for the first 7 months of the year.
Recap of 2009, 2008, 2007, 2006, 2005, and 2004
|
|
1-1-09 to 7-31-09 |
2008 |
2007 |
2006 |
2005 |
2004 |
|
Number of Homes Sold |
145 |
219 |
174 |
221 |
241 |
204 |
|
Average Sale Price |
$216,008 |
$236,608 |
$309,879 |
$305,031 |
$254,546 |
$271,203 |
|
Sales Price to List Price |
TBD |
96.7% |
96% |
97.1% |
98 |
96.4% |
|
Average Days on Market |
100 |
85 |
75 |
76 |
60 |
52 |
|
Average # of house sold per month |
20.7 |
18.25
|
14.5
|
18.4 |
20.1
|
17.0 |
Current Report as of 8-18-09
- Active listings: 150
- Under Contract and Pending: 52
- Absorption Rate: 20.7 homes per month
This Colorado Springs Real Estate report contains information on Single Family homes in West
This information is taken from the Pikes Peak Realtor Services Corp and is deemed reliable but not guaranteed.
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Selling HOMES in El Paso & Douglas County; including Colorado Springs, Monument, Fountain, Larkspur, Pueblo, Castle Rock, Manitou Springs, Woodland Park, Palmer Lake, Woodland Park
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Posted by KAT
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