Empire Title of Colorado Springs – Market Statistics for October 2011
Here’s a simple, yet comprehensive, conclusion of the Colorado Springs Real Estate market statistics for October 2011, provided by Bill McAfee of Empire Title of Colorado Springs:
2011 YTD vs. 2010 YTD
• Average Price Down 3.9%
• Median Price Down 4.1%
• Residential Units Sold Up 2.2%
• Inventory Levels Down 6.3%
• Number of Listings Down 14.9%
• Foreclosures Down 24.4%
• Interest Rates are at historic lows
The numbers provide a healthy posture for active real estate sales for 2012!
Feel free to contact Colorado Springs Realtor, Cherise Selley, Active Licensed Broker/Owner of Selley Group Real Estate, LLC or you may contact our group of Colorado Springs Realtors @ www.selleygroup.com or 2139 Chuckwagon Rd, Ste 210 - Colorado Springs, Colorado 80919 - 719. 598. 5101
Portions of this article are written by Gordon, as framed by the expressed opinions of Cherise, but not proofread.