Colorado Springs Area Real Estate -- 2008 Market Report for Divine Redeemer

By
Real Estate Agent with ERA Herman Group Real Estate

Colorado Springs Real Estate

2008 Market Report for Divine Redeemer - Single Family Homes

Single Family Homes in Divine Redeemer were primarily built in the 1930's - 1940's.  The majority of the houses are ranches, with 3 to 4 bedrooms, 2 baths, and 2 car garages.   The average home has appx. 1750 to 2000 square footage.  The absorption rate of  1.1 houses per month shows that there is a  2.7 month supply of houses on the market; the housing market is currently NEUTRAL TO SELLERS MARKET in this area.    A 6 month supply of houses on the market is considered a "NEUTRAL MARKET"

Recap of December Activity

  • Homes Sold in the last month:  1
    • 1609 E. Cache La Poudre   1688 square feet  $100,000

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

 

2008

2007

2006

2005

2004

Number of Homes Sold

13

12

24

14

19

Average List Price

 $225,007

 $244,833

$213,433

$190,292

$180,902

Average Sold Price

 $214,630

 $236,650

$210,739

$185,378

$173,623

Average Days on Market

 113

 61

 98

 101

 68

Total Square feet

 1906

 1867

 2053

 1499

 1646

 

 

 

 

 

 

Average # of house sold per month

1.1

1.0

2.0

1.2

1.6

 Current Report as of  1-31-09 in Divine Redeemer

  • Active listings:   3
  • Under Contract and Pending:  0
  • Absorption Rate: 1.1 per month

Divine Redeemer located in the Central Part of Colorado Springs and in District 11 School District

Homes in Divine Redeemer are:

This Colorado Springs Real Estate report contains information on Single Family homes in Divine Redeemer.

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

 

A Colorado Springs Real Estate Agent You Can Trust

Selling HOMES in El Paso & Douglas County; including Colorado Springs, Monument,  Fountain, Larkspur, Pueblo, Castle Rock, Manitou Springs, Woodland Park, Palmer Lake

www.Kathytorline.com & www.ColoradoSpringsVintageHomes.com

Colorado Springs Real Estate

Posted by KAT

 

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Kathy Torline

Colorado Springs Real Estate Blog 719-287-1049
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