The Colorado Springs Housing Market did not see much shift from December 2007 and January 2008. There was a little movement in average and median sales price, homes for sale are still selling around the 3 month mark.
(Read the Full Report at: Colorado Springs Real Estate Connection)
Let's take a closer look at the data for the real estate market for January 2008:
- Average Days on Market (DOM): 98
- High DOM: CEN at 200 Days.
- Low DOM: WES at 21 Days.
Read Also: 2007 Colorado Springs Real Estate Market Report: Annual Days on Market Data
Colorado Springs Real Estate Sale Price data:
- Average Sale Price (SP): $237,410
- Median Sales Price: $207,278
- High Sales Price: MAN (2 sales) at $490,666
- Low Sales Price: CEN (20 sales) at $162,450
Read Also: 2007 Colorado Springs Real Estate Market Report: Annual Sale Price Data
Colorado Springs Real Estate Days on Market data:
- List Price to Sale Price Ratio (LP/SP): 96.88%
- High LP/SP: FAL at 103.44%
- Low LP/SP: NGT at 92.84%
In January 2008:
- 722 homes went on the market
- 232 homes went under contract
- 112 homes sold
More Great Reading:
What to Expect from a Competent Listing Agent
Selling Your Colorado Springs Home: The Importance of Proper Pricing from Day One
Check out these previous Colorado Springs Real Estate Market Reports:
Colorado Springs Real Estate Market Report - December 2007
Colorado Springs Real Estate Market Report - November 2007
Colorado Springs Real Estate Market Report - October 2007
[KEY: BLA = Black Forest (Very Northeast of Colorado Springs), BRI = Briargate (Northern part of Colorado Springs), WES = Westside (West of I-25 and North of Fillmore), OCC = Old Colorado City (Western part of Colorado Springs, off Hwy 24), FAL = Falcon (Woodmen Hills and Meridian Ranch, just east of Colorado Springs, MAN = Manitou Springs - (just East of Colorado Springs), N/E = Northeast Colorado Springs, NGT = Northgate (Northernmost part of Colorado Springs, near the North Gate of the Air Force Academy), S/E = Southeast Colorado Springs, S/W = Southwest Colorado Springs]
Posted By: Mariana Wagner - Wagner iTeam - Colorado Springs Real Estate - Monument Real Estate
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