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About Colorado Springs' Eastborough

East area Homes in Colorado Springs -- August 31 2010 Market Report

Kathy Torline,    Colorado Springs Real  Estate Blog       719-287-1049: Real Estate Agent in Colorado Springs, CO

Colorado Spring Real Estate 

Market Report for East Colorado Springs

Single Family Homes

Neighborhoods Include:  Village Seven, Rustic Hills, Country Club

Zip codes include:  80909, 80915, 80907, 80918

Search for homes in East Colorado Springs

 The East area of Colorado Springs housing market continues to be a BUYERS  Market, as there is currently a 6.8 month of supply of homes on the market.   A 6 month supply of houses on the market is considered a "NEUTRAL MARKET".  Pricing continues to go down in 2009 but number of sales is increasing.   Sales units were down 13% from 2009 to 2008, but pricing was down 14% from 2009 to 2008.   Pricing has continued to see an increase in 2010; but sales have declined.

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

 

2010

2009

2008

2007

2006

2005

2004

Number of Homes Sold

378

593

527

 

629

760

904

822

Average Sale Price

$177,119

$169,524

$183,970

$194,693

$196,172

$189,629

$179,908

Average # of house sold per month

47.3

49.4

 43.9

 

52.4

 

63.3

75.3

 

68.5

Current Report as of 9-4-2010

  • Active listings:   319
  • Under Contract and Pending :   68
  • Absorption Rate:  47.3 homes per month, a 6.8 monthly supply of houses currently on the market

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

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

 

Colorado Springs Real Estate Agent, An Expert You Can Trust

Selling Real Estate in the Colorado Springs area, including Monument,  Fountain, Larkspur, Pueblo, Castle Rock, Manitou Springs, Woodland Park, Palmer Lake

  www.ColoradoSpringsVintageHomes.com, www.KathyTorline.com

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