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Colorado Springs Homes -- July 2009 market report for East area

Colorado Spring Real Estate

Market Report for East Colorado Springs - Single Family Homes

Neighborhoods Include: Village Seven, Rustic Hills

The East area of Colorado Springs housing market continues to be a BUYERS Market, as there is currently a 4.4 month of supply of homes on the market. A 6 month supply of houses on the market is considered a "NEUTRAL MARKET". 442 Single family homes have been sold in 2009 vs. 444 for the same period in 20088; a decrease of .2%.

Recap of 2008, 2007, 2006, 2005, and 2004

1-1-2008 to 7-31-09

2008

2007

2006

2005

2004

Number of Homes Sold

442

527

629

760

904

822

Average Sale Price

TBD

$183,970

$194,693

$196,172

$189,629

$179,908

Average # of house sold per month

63.2

43.9

52.4

63.3

75.3

68.5

Current Report as of 8-25-09

  • Active listings: 282
  • Under Contract and Pending : 209
  • Absorption Rate: 63.2 homes per month, a 4.46 monthly supply of houses currently on the market

This Colorado Springs Real Estate report contains information on Single Family dwellings in East area of Colorado Springs

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

A Colorado Springs Real Estate Agent You Can Trust

Selling HOMES in El Paso & Douglas County; including Colorado Springs, Monument, Fountain, Larkspur, Pueblo, Castle Rock, Manitou Springs, Woodland Park, Palmer Lake, Woodland Park

www.Kathytorline.com & www.ColoradoSpringsVintageHomes.com

Colorado Springs Real Estate

Posted by KAT

Posted Tuesday Aug 25