Colorado Spring Real Estate
Market Report for East Colorado Springs, Single Family Homes
Neighborhoods Include: Homes in Village Seven, Rustic Hills, Country Club
Zip codes include: 80909, 80915, 80907, 80918
Search for homes in East Colorado Springs
The East area of Colorado Springs housing market continues to be a BUYERS Market, as there is currently a 5.8 month of supply of homes on the market. A 6 month supply of houses on the market is considered a "NEUTRAL MARKET". Pricing continued to go down in 2009 but number of sales increased. Sales units were down 13% from 2009 to 2008, but pricing was down 14% from 2009 to 2008. Pricing has continued to see an increase in 2010.
Recap of 2010, 2009, 2008, 2007, 2006, 2005, and 2004
|
|
2010 |
2009 |
2008 |
2007 |
2006 |
2005 |
2004 |
|
Number of Homes Sold |
290 |
593 |
527
|
629 |
760 |
904 |
822 |
|
Average Sale Price |
$178,073 |
$169,524 |
$183,970 |
$194,693 |
$196,172 |
$189,629 |
$179,908 |
|
Average # of house sold per month |
48.3 |
49.4 |
43.9
|
52.4
|
63.3 |
75.3
|
68.5 |
Current Report as of 7-18-2010
Active listings: 280
Under Contract and Pending : 82
Absorption Rate: 48.3 homes per month, a 5.8 monthly supply of houses currently on the market
This Colorado Springs Real Estate report contains information on Single Family dwellings in East 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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