Empire Title of Colorado Springs – Market Statistics for October 2011

By
Real Estate Broker/Owner with Selley Group Real Estate, LLC

selley group

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.

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Rainmaker
710,655
Erika Rogers
Red Rock Real Estate ~ Southern Utah's Largest Independent Brokerage - Saint George, UT
St George Utah Real Estate & Relocation Specialist

Hi G, you're correct...those numbers do show good signs for active real estate sales in 2012! Keep 'em coming;)

Nov 17, 2011 06:32 AM #1
Rainmaker
5,057,077
Ron and Alexandra Seigel
Napa Consultants - Carpinteria, CA
Luxury Real Estate Branding, Marketing & Strategy

Gordon,

Good for Colorado Srpings, and no doubt it will be better for you.  A

Nov 17, 2011 09:40 AM #2
Ambassador
1,242,735
Joni Bailey
101 Main St. Realty - Huntsville, TX
Your Huntsville / Lake Livingston Area REALTOR®

FORECLOSURES DOWN 24.4%!  I would cal this TRUE real estate recovery!! Great news!

Nov 17, 2011 10:00 AM #3
Rainmaker
558,118
Cherise Selley
Selley Group Real Estate, LLC - Colorado Springs, CO
Colorado Springs Realtor

Erika,

I know I've been posting lots of numbers lately on the blog.  And we've done so because of the number of people who really want to know about the market... g

Nov 17, 2011 03:08 PM #4
Rainmaker
558,118
Cherise Selley
Selley Group Real Estate, LLC - Colorado Springs, CO
Colorado Springs Realtor

Alexandra,

Just going with the flow... g

Nov 17, 2011 03:08 PM #5
Rainmaker
558,118
Cherise Selley
Selley Group Real Estate, LLC - Colorado Springs, CO
Colorado Springs Realtor

Joni,

Thanks for stopping by... g

Nov 17, 2011 03:09 PM #6
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