saw an average of 1,040 new homes go on the market every month and an average of 308 homes sell every month.
In 2007:
- 19,969 homes for sale went on the market
- 9,709 homes went under contract
- 9,547 homes sold
Most homes for sale went on the market in May of 2007: 2,234 homes.
The most homes for sale in Colorado Springs SOLD in April (943) and May (804).
Read Also: The BEST Times to Buy and Sell Real Estate in Colorado Springs
- PWR (East of Powers Blvd.): 2,373 homes
- F/V (Fountain Valley/ Fort Carson): 2,297 homes
- N/E (Northeast Colorado Springs): 2,019 homes
Read more information on the definitions of the different Colorado Springs MLS Areas and Boundaries.
The Colorado Springs real estate market saw an average of 47.8% of all homes for sale go under contract and sell in 2007.
Top 4 neighborhoods in Colorado Springs with the highest amount of SOLD homes (over 50%):
- BRI (Briargate and Wolf Ranch): 57.5% of the listed homes SOLD.
- N/W (Northwest Colorado Springs): 53.5% of the listed homes SOLD.
- EAS (Eastern Colorado Springs): 53% of the homes SOLD.
- N/E (Northeastern Colorado Springs): 51.4% of the listed homes SOLD.
Read Also: Existing-Home Sales to Trend Up in 2008
More from this Series:
2007 Colorado Springs Real Estate Market Report: Annual Days on Market Data
2007 Colorado Springs Real Estate Market Report: Annual Sale Price Data
2007 Colorado Springs Real Estate Market Report: Annual List Price to Sale Price Ratios
Posted By: Mariana Wagner - Colorado Springs Real Estate Agent - Wagner iTeam
The Wagner iTeam is a power team of Keller Williams Clients' Choice Realty, specializing in Colorado Springs Real Estate and Monument Real Estate.
