Townhomes and condos is NOT seeing any price improvement

Colorado Spring Real Estate

Colorado Springs Housing Market Report for Colorado Springs Townhomes & Condominiums

Search for Colorado Springs Townhomes and Condominiums

Townhomes and Condos in Colorado Springs continues to be a BUYERS Market, as there is currently a 8.3 month of supply of homes on the market. A 6 month supply is typically considered a "NEUTRAL MARKET".

• Number of Townhomes and Condos in Colorado Springs sold were up 8% from 2010 in 2009, but are down substantially from 2006, when 1767 townhomes/condos were sold. Units sold are currently down in 2011 vs. the same time period in 2010..
• Average pricing continues to see downward pressure, currently down 3% from 2010 to 2009. 2010 pricing is down 17% from the high in 2006, when the average price was $173,372
• 2011 is continuing to see downward pressure on pricing.

Recap of 2011, 2010, 2009, 2008, 2007, 2006, 2005, and 2004

This Colorado Springs Real Estate report contains information on Townhomes and Condomiums in the Colorado Springs Area

This information is taken from the Pikes Peak Realtor Services Corp and is deemed reliable but not guaranteed.

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