Colorado Springs Vintage Homes Blog

Colorado Springs Homes, August Market Report for Single Family Homes

Recap of August 2008 Activity

Search for Homes in Colorado Springs

Homes Sold in the last month:   778  (17.7% decline from 2007)

• Homes Sold in August 2007   945

Average Sales Price:  $235,098 (9.3% decline from 2007)

• Average Sale Price in 2007   $259,095

Total Active:  6,323  (10.3% decline from 2007)

• Total Active in 2007:  7052

Sales Price vs. List Price:  96.6%

Average Days on Market:  85

Recap of ALL Activity for Single Family Homes in 2008, 1-1-08 to 8-31-08

Homes Sold from 1-1-08 to 8-31-08:   5962 (14.8% decline from 2007)

• Homes Sold from 1-1-07 to 8-31-07:  7265

Average Sales Price from 1-1-08 to 8-31-08:  $243,248   (7.5% decline from 2007)

• Average Sales Price from 1-1-07 to 8-31-07:  $262,848

Absorption Rate:   745.25 homes per month, a 8.5 month supply of houses currently on the market.   It’s currently a BUYER’S MARKET in Colorado Springs

This Colorado Springs Real Estate report contains information on Single Family Homes.

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

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Kathy (719-287-1049)   KTorline@msn.com

Tags: Colorado Springs Homes, Colorado Springs Real Estate, Colorado Springs Real Estate Market Report, Colorado Springs Realtor, Homes in Colorado Springs

This entry was posted on Friday, September 19th, 2008 at 6:00 am and is filed under Real Estate Market Reports. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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