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Colorado Springs Real Estate Market -- 2008 report for Broadmoor Bluffs

By
Real Estate Agent with ERA Herman Group Real Estate

Colorado Springs Real Estate

Market Report for Broadmoor Bluffs in the Southwest area

Single Family Homes

 Single Family Homes in Broadmoor Bluff were primarily built in the 1980 - 1990's.  The majority of the houses are ranches and 2-story's, with 4 to 5 bedrooms, 3-4 baths, and 2-3 car garages.   The average home has appx. 3000 to 4000 square footage.  The absorption rate of  1 house per month shows that there is a 3 month supply of houses on the market; the housing market is currently a NEUTRAL MARKET in this area.

Recap of December Home Activity in Broadmoor Bluffs in Colorado Springs

  • Homes Sold in the last month:    0 

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

 

2008

2007

2006

2005

2004

Number of Homes Sold

 12

20

14

18

21

Average List Price

 $493,566

 $479,610

$481,471

$466,533

$455,471

Average Sold Price

 $473,450

 $463,532

$470,370

$451,786

$445,816

Average Days on Market

 95

 159

 138

 80

 45

Total Square Feet

 4115

 4013

 4226

 4096

 4206

Average # of house sold per month

 1

 

 1.7

 

 1.2

 1.5

 

 1.8

 

 

 

 

 

 

Current Report as of 1-20-09:

  • Active listings:   3
  • Under Contract and Pending:  1 

Absorption Rate:   1 house per month

Broadmoor Bluffs homes are located in the Southwest area of the City and in District 12

Broadmoor Bluffs:

This Colorado Springs Real Estate report contains information on Single Family homes in Broadmoor Bluffs .

This information is taken from the Pikes Peak Realtor Services Corp and is deemed reliable but not guaranteed.

 

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Colorado Springs Real Estate

Posted by KAT