Colorado Spring Real Estate
Market Report for Southeast Colorado Springs, Single Family Homes
Neighborhoods Include: Homes in Spring Creek, Pikes Peak Park, Southborough, Eastborough
Search for homes in Northeast Colorado Springs
The Southeast area of Colorado Springs housing market continues to be a BUYERS Market, as there is currently a 3.2 month of supply of homes on the market. A 6 month supply of houses on the market is considered a "NEUTRAL MARKET". Sales were only down 16% from 2008 to 2007, but average pricing was down 9.5% from 2008 to 2007. Sales have continued to increase in 2009, but pricing has continued to decrease.
Recap of 2008, 2007, 2006, 2005, and 2004
|
|
1-1-2008 to 10-31-09 |
2008 |
2007 |
2006 |
2005 |
2004 |
|
Number of Homes Sold |
608 |
521 |
624 |
726 |
879 |
744 |
|
Average Sale Price |
$128,518 |
$135.986 |
$150,322 |
$161,569 |
$154,116 |
$145,247 |
|
Sales Price to List Price |
TBD |
97.9% |
98.5% |
99.4% |
98.8% |
99.5% |
|
Average Days on Market |
53 |
73 |
76 |
60 |
53 |
49 |
|
Average # of house sold per month |
60.8 |
43.4
|
52
|
60.5 |
73.3
|
62 |
Current Report as of 11-20-09
- Active listings: 200
- Under Contract and Pending : 115
- Absorption Rate: 60.8 homes per month, a 3.2 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.
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Selling Real Estate in El Paso & Douglas County; including Colorado Springs, Monument, Fountain, Larkspur, Pueblo, Castle Rock, Manitou Springs, Woodland Park, Palmer Lake
www.Kathytorline.com and www.ColoradoSpringsVintageHomes.com
Posted by Kathy Torline - Nordstrom
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