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Powers Area, Colorado Springs Housing Market Report 2010

By
Real Estate Agent with ERA Herman Group Real Estate

 Colorado SpringsHousing 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, 80951, 80923, 80922

Homes in Colorado Springs Powers area continue to be a BUYERS/NEUTRAL Market, as there is currently a 5.25  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 down 13% in 2010 than in 2009, but are down substantially from 2005, when 1533 homes were sold.
  • Average pricing continues to see downward pressure, currently down 1% from 2010 to 2009.  

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

 

2010

2009

2008

2007

2006

2005

2004

Active

380

 

 

 

 

 

 

Number of Homes Sold

867

 1001

901

1111

1393

1533

1262

Average Sale Price

$197,307

 $199,846

$209,942

$219,622

$220,961

$211,284

$194,059

Average Days on Market

71

72

88

79

64

59

50

Average # of house sold per month

72.3

 83.4

75.1

92.6

116.1

127.8

105.2

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.

  

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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