Colorado Spring Real Estate - West
Market Report 
Single Family Homes, Includes Pleasant Valley and Kissing Camels
The West housing market continues to be a BUYERS Market, as there is currently an 11 month of supply of homes on the market. A 6 month supply of houses on the market is considered a "NEUTRAL MARKET". Sales units are ONLY down 1% from 2007, but pricing is down more than16% from 2007.
Recap of December Activity
- Homes Sold in the last month: 10
Recap of 2008, 2007, 2006, 2005, and 2004
|
|
2008 |
2007 |
2006 |
2005 |
2004 |
|
Number of Homes Sold |
145 |
174 |
221 |
241 |
204 |
|
Average Sale Price |
$259,384 |
$309,879 |
$305,031 |
$254,546 |
$271,203 |
|
Sales Price to List Price |
96.7% |
96% |
97.1% |
98 |
96.4% |
|
Average Days on Market |
73 |
75 |
76 |
60 |
52 |
|
Average # of house sold per month |
12.1 |
14.5 |
18.4 |
20.1 |
17.0 |
Current Report as of 1-27-09
- Active listings: 132
- Under Contract and Pending: 27
- Absorption Rate: 12.1 homes per month
This Colorado Springs Real Estate report contains information on Single Family homes in West
This information is taken from the Pikes Peak Realtor Services Corp and is deemed reliable but not guaranteed.
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Posted by KAT
Kathy,
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