Colorado Spring Real Estate
Market Report for Powers Area, Single Family Homes
Includes Homes in Springs Ranch, Stetson Hills, Ridgeview at Stetson Hills
Search for Homes in Powers Area
Zip Codes: 80915, 80918, 80922, 80923
Homes in Colorado Springs Powers area continue to be a NEUTRAL Market, as there is currently a 6 month 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 Powers area in Colorado Springs sold are up 11% more in 2009 than in 2008, but are down substantially from 2005, when 1533 homes were sold.
- Average pricing continues to see downward pressure, currently down 5% from 2009 to 2008. 2009 pricing is down 10% from the high in 2006.
- For the first quarter of 2010, pricing has continued to see downward pressure.
Recap of 2010, 2009, 2008, 2007, 2006, 2005, and 2004
|
2010 |
2009 |
2008 |
2007 |
2006 |
2005 |
2004 |
|
|
Active |
509 |
|
|
|
|
|
|
|
Pending Under Contract |
36 |
|
|
|
|
|
|
|
Number of Homes Sold |
493 |
1001 |
901 |
1111 |
1393 |
1533 |
1262 |
|
Average Sale Price |
$192,453 |
$199,846 |
$209,942 |
$219,622 |
$220,961 |
$211,284 |
$194,059 |
|
Average Days on Market |
62 |
72 |
88 |
79 |
64 |
59 |
50 |
|
Average # of house sold per month |
82.2 |
83.4 |
75.1 |
92.6 |
116.1 |
127.8 |
105.2 |
|
|
|
|
|
|
|
|
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This Colorado Springs Real Estate report contains information on Single Family homes in Powers.
This information is taken from the Pikes Peak Realtor Services Corp and is deemed reliable but not guaranteed.
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