Colorado Springs Real Estate Market
Report for East End Addition - Single Family Homes -- February 2008
Single Family Homes in the East End Addition were primarily built from 1920 to 1960. The majority of the houses are ranches, 2 baths, and 1 - 2 car garages. The average home has appx. 1500 to 2500 square footage. The absorption rate of 1.3 houses per month shows that there is a 4.5 month supply of houses on the market; the housing market is currently a NEUTRAL BUYER's MARKET in this area. A month supply of houses on the market is considered a "NEUTRAL MARKET"
Recap of 2009, 2008, 2007, 2006, 2005, and 2008
|
|
1-1-2009 to 2-28-09 |
2008 |
2007 |
2006 |
2005 |
2004 |
|
Number of Homes Sold |
2 |
16 |
19 |
27 |
20 |
14 |
|
Average List Price |
$168,450 |
$194,950 |
$195,336 |
$192,725 |
$192,169 |
$191,914 |
|
Average Sold Price |
$167,450 |
$185,340 |
$192,636 |
$188,674 |
$190,429 |
$186,607 |
|
Average Days on Market |
132 |
139 |
67 |
66 |
66 |
45 |
|
Total Square feet |
1320 |
2026 |
1703 |
1668 |
1827 |
1808 |
|
Average # of house sold per month |
1.0 |
1.3 |
1.6 |
2.3 |
1.7 |
1.2 |
Current Report as of 3-3-09 in East End Addition
- Active listings: 6
- Under Contract and Pending: 1
- Absorption Rate: 1.3 per month
East End Addition is located in the Central Part of Colorado Springs East of Hancock and in District 11 School District
Homes in the East End Addition is:
- Close to Memorial Hospital
- Close to and the Olympic Training Center
- Close to Colorado College
- Great views of Pikes Peak
- Close to the Colorado Springs School for Deaf and Blind
- 20 Minutes from the Colorado Springs Airport
- 10 minutes from Citadel Shopping Mall
- Minutes from Downtown Colorado Springs
This Colorado Springs Real Estate report contains information on Single Family homes in East End Addition.
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
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