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Colorado Springs Homes -- July 2009 market report for Southeast, by Fort Carson

Colorado Spring Real Estate

Market Report for Southeast Colorado Springs - Single Family Homes by Fort Carson

Neighborhoods Include: Spring Creek, Pikes Peak Park, Southborough, Eastborough

The Southeast area of Colorado Springs housing market continues to be a BUYERS Market, as there is currently a 3.5 month of supply of homes on the market. A 6 month supply of houses on the market is considered a "NEUTRAL MARKET". Sales were only down 16% from 2008 to 2007, but average pricing was down 9.5% from 2008 to 2007. 436 Single family homes have been sold in 2009 vs. 331 for the same period in 2008; an increase of 22%.

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

1-1-2008 to 7-31-09

2008

2007

2006

2005

2004

Number of Homes Sold

426

521

624

726

879

744

Average Sale Price

TBD

$135.986

$150,322

$161,569

$154,116

$145,247

Sales Price to List Price

TBD

97.9%

98.5%

99.4%

98.8%

99.5%

Average Days on Market

TBD

73

76

60

53

49

Average # of house sold per month

60.9

43.4

52

60.5

73.3

62

Current Report as of 8-25-09

  • Active listings: 187
  • Under Contract and Pending : 134
  • Absorption Rate: 60.9 homes per month, a 3 monthly supply of houses currently on the market

This Colorado Springs Real Estate report contains information on Single Family dwellings in Southeast 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

www.Kathytorline.com & www.ColoradoSpringsVintageHomes.com

Colorado Springs Real Estate

Posted Tuesday Aug 25