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Colorado Springs Homes -- July 2009 market report for Powers

Colorado Spring Real Estate

Market Report for Powers - Single Family Homes

Close to Schriever AFB

Includes Homes in Springs Ranch and Stetson Hills

The Powers housing market continues to be a NEUTRAL/BUEYRS Market, as there is currently a 4.36 month of supply of homes on the market. A 6 month supply of houses on the market is considered a "NEUTRAL MARKET". Sales units were down 18% from 2008 to 2007, but pricing was only down 4% from 2008 to 2007. 632 Single family homes have been sold in 2009 vs.647 for the same period in 2008; a decline of 2.5%.

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

1-1-2009 to 7/31/09

2008

2007

2006

2005

2004

Number of Homes Sold

632

901

1,111

1393

1533

1262

Average Sale Price

$209,942

$219,622

$220,961

$211,284

$194,059

Average Days on Market

TBD

88

79

64

59

50

Average # of house sold per month

90.3

75.1

92.6

116.1

127.8

105.2

Current Report as of 8-13-09 in Powers

  • Active listings: 394
  • Under Contract and Pending: 208
  • Absorption Rate: 90.3 homes per month, a 4.35 month supply of houses currently on the market

This Colorado Springs Real Estate report contains information on Single Family homes in Powers.

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 Wednesday Aug 19