Colorado Springs Real Estate Report for WEST Area for 2009

By
Real Estate Agent with ERA Herman Group Real Estate

 Colorado Spring Real Estate

Market Report for West, Single Family Homes

 Includes Homes in Pleasant Valley, Kissing Camels, Skyway

Search for Homes in WEST

Homes in Colorado Springs WEST area continue to be a BUYERS Market, as there is currently 15 months of supply of homes on the market.   A 6 month supply of houses on the market is typically considered a "NEUTRAL MARKET". 

  • Number of Homes in WEST area in Colorado Springs sold are up 13% more than in 2008, but are down substantially from 2005, when 241 homes were sold.
  • Average pricing continues to see downward pressure, currently down 3% from 2009 to 2008.   2009 pricing is down 19% from the high in 2006.
  • 2010 pricing has started to show an increase from 2009.

Recap of 2009, 2008, 2007, 2006, 2005, and 2004

 

2010

2009

2008

2007

2006

2005

2004

Active

142

 

 

 

 

 

 

Pending Under Contract

68

 

 

 

 

 

 

Number of Homes Sold

29

 164

145

174

221

241

204

Average Sale Price

$261,637

 $251,449

$259,834

$309,879

$305,031

$254,546

$271,203

Average Days on Market

74

 81

73

75

76

60

52

Average # of house sold per month

10

 14

12

15

18

20

17

This Colorado Springs Real Estate report contains information on Single Family homes inWEST area.

This information is taken from the Pikes Peak Realtor Services Corp and is deemed reliable but not guaranteed.

Colorado Springs Real Estate Agent, An Expert You Can Trust

Selling Real Estate in the Colorado Springs area, including Monument,  Fountain, Larkspur, Pueblo, Castle Rock, Manitou Springs, Woodland Park, Palmer Lake

  www.ColoradoSpringsVintageHomes.com, www.KathyTorline.com

www.ColoradoSpringsHouseForSale.com

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Kathy Torline

Colorado Springs Real Estate Blog 719-287-1049
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