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Black Forest Colorado Homes -- June 30 2010 Market Report

By
Real Estate Agent with ERA Herman Group Real Estate

Colorado Spring Real Estate 

Market Report for Homes in Black Forest, Single Family Homes

Zip Codes include:  80908, 80106

Search for Homes in Black Forest

Homes in Black Forest area of Colorado Springs housing market continues to be a BUYER's  Market, as there is currently a 17 month of supply of homes on the market.   A 6 month supply of houses on the market is considered a "NEUTRAL MARKET".  Sales are down 6% from 2009 to 2008, but average pricing was down 20% from 2009 to 2008.   Pricing has increased by 2% in 2010.

 Recap of 2010, 2009, 2008, 2007, 2006, 2005, and 2004

 

  

2010

  

2009

  

2008

  

2007

  

2006

  

2005

  

2004

Number of Homes Sold

82

147

156

163

234

256

228

Average List Price

$365,814

$360,394

$427,604

$448,309

$452,613

$386,285

$346,144

Average Days on Market

136.5

114

111

103

103

84

68

Average # of house sold per month

13.7

 12.3

13

13.6

19.5

21.3

19

Current Report as of  7-11-10

  • Active listings:   233
  • Under Contract and Pending :   
  • Absorption Rate:      13.7 homes per month, a 17 month supply of houses currently on the market

This Colorado Springs Real Estate report contains information on Single Family homes in Black Forest area of Colorado Springs

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

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Adam Malachi
A 2 Z Realty LLC - Castle Rock, CO
QSC,CDPE,CIPS,CNE,CRB,CRS,GRI,MRE,SFR

Great post! Excellent Market report!

Thanks for sharing,

Adam

Jul 18, 2010 10:22 AM