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Colorado Springs Homes -- February 2009 market report for Divine Redeemer

By
Real Estate Agent with ERA Herman Group Real Estate

Colorado Springs Real Estate

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  .9 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 2009, 2008, 2007, 2006, 2005, and 2009

 

1-1-2009 to 2-28-2009

2008

2007

2006

2005

2004

Number of Homes Sold

0

13

12

24

14

19

Average List Price

0

 $225,007

 $244,833

$213,433

$190,292

$180,902

Average Sold Price

0

 $214,630

 $236,650

$210,739

$185,378

$173,623

Average Days on Market

0

 113

 61

 98

 101

 68

Total Square feet

0

 1906

 1867

 2053

 1499

 1646

 

 

 

 

 

 

 

Average # of house sold per month

0

1.1

1.0

2.0

1.2

1.6

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

  • Active listings:   1
  • Under Contract and Pending:  2
  • 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.

   

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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

Jim Crawford
Long & Foster - Fredericksburg, VA
Jim Crawford Broker Associate Fredericksburg VA

Overall your market appears to be pretty normal comparted to previous years.

Mar 08, 2009 12:45 AM
Fred Carver Real Estate Consulant
Retired BC Realtor - Victoria, BC
Accredited Real Estate Consultant

Hi Kathy..Great Market Stats...mmm Two Car Garage homes from the 40's , people most of had a lot of vision, or maybe they parked  their tracker inside too.

Cheers, Buyers will need a great Realtor like you to find them a special home in Colorado Springs.

Mar 08, 2009 05:01 AM