Colorado Springs Real Estate Market Report for April 2008

The Colorado Springs real estate market saw a bit of a jump in activity from March 2008 - April 2008.

New Listings: 830 homes for sale

• Average List Price: $ 302,2512

  • Lowest Average List Price: Southeast Colorado Springs (S/E): $178,688
  • Highest Average List Price: Tri-Lakes/Monument (TRI): $466,161

Search Homes for Sale in Southeast Colorado Springs Real Estate
Search Homes for Sale in Monument Real Estate

Pending Sales: 293 homes went under contract in April 2008

Sold Homes: 182

Average SOLD Price: $264,685
Average SOLD Price in March 2008: $257,152
The Southwest (S/W) area of the Colorado Springs real estate market and the Falcon (FAL) area were the closest to the average sold price.

Search Homes for Sale in Southwest Colorado Springs Real Estate
Search Homes for Sale in Falcon Colorado Real Estate

• Lowest Average Sold Price: Central Colorado Springs (S/E): $133,605
• Highest Average Sold Price: Westside Colorado Springs (WES): $569,333

Search Homes for Sale in Central and Downtown Colorado Springs Real Estate
Search Homes for Sale in Westside Colorado Springs Real Estate

Median Sold Price: $243,100
Median Sold Price for March 2008: $201,790
Falcon real estate market was the closest to median sales price.

Search Homes for Sale in Falcon Colorado Real Estate

Average List Price:Sale Price Ratio: 96.37%
Median List Price:Sale Price Ratio: 98.30%

• Lowest LP:SP Ratio: Westside Colorado Springs real estate market (WES): 95.87%
• Highest LP:SP Ratio: Southeast (S/E) Colorado Springs real estate market: 99.52%

Search Homes for Sale in Westside Colorado Springs Real Estate
Search Homes for Sale in Southeast Colorado Springs Real Estate

Comments: The Colorado Springs neighborhoods that saw the most activity in April 2008, were:

• East Colorado Springs Real Estate Market: 50 new listings went on the market and 43 homes went under contract or sold. Search Homes for Sale in East Colorado Springs
• Black Forest Colorado Springs Real Estate Market: 52 new listings went on the market and 38 homes went under contract or sold. Search Homes for Sale in Black Forest Colorado Springs
• Powers Area Colorado Springs Real Estate Market: 78 new listings went on the market and 53 homes went under contract or sold. (This area includes Stetson Hills Real Estate) Search Homes for Sale in Powers Area Colorado Springs

Check Out These Recent Colorado Springs Real Estate Market Reports:

Colorado Springs Real Estate Market Report ~ March 2008
Colorado Springs Real Estate Market Report ~ February 2008
Colorado Springs Real Estate Market Report ~ January 2008

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