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Academy School District 20 Real Estate Market - December 2012

By
Real Estate Agent with Keller Williams Clients Choice Realty, Colorado Springs, CO #FA100003680

The Academy School District 20 Real Estate Market -  December 2012


Active listings are at their lowest point of 428.  Pending sales are at 162 and sales are at 81 in the Academy School District 20 area for the month of December.  The pending ratio is high at 27.4%, over a 2% drop from November. The pending ratio represents the supply and demand of the market. The higher the ratio, the greater the demand. A low ratio indicates more supply than demand.  As we see this ratio drop, the prices will begin to drop as well.

The average sales price to list price ratio is a healthy 98.1%, indicating that sellers are not having to negotiate much on their sales price.

Average sales price is $289,541 and the median sales price is $280,950, both down from November.

Average days on market for Academy School District 20 is 110 with 5.3 months of inventory.

We continue to see competing offers on nice homes in Academy School District 20. We will continue to see this with the inventory remaining relatively stable and demand high.

For the complete report visit Academy School District 20 Real Estate Market Report.

Academy School Ditrict 20 Homes for Sale

 

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