Colorado Springs Vintage Homes Blog

Colorado Springs Homes, September Market Report for Single Family Homes

Market Report for September 2008, Single Family Homes

 Get a Free Market Analysis on your Home, Email KTorline@msn.com  or call 719-287-1049

Homes Sold in September 2008:   1,315   (5.4% decline from 2007)  

• Homes Sold in September 2007:   1,390

Average Sales Price:  $239,385    (6.2% decline from 2007)

• Average Sale Price in 2007  $255,330

Total Active:   6,030 (10.9% decline from 2007)

• Total Active in 2007:  6,767   

Sales Price vs. List Price:    96.8%   

Average Days on Market:     90

Recap of ALL Activity for Single Family Homes in 2008

Homes Sold from 1-1-08 to 9-30-08:  6,696 (15.95% decline from 2007)

• Homes Sold from 1-1-07 to 9-30-07:  7,962 

Average Sales Price from 1-1-08 to 9-30-08:  $242,480 (7.4% decline from 2007)

• Average Sales Price from 1-1-07 to 9-30-07:  $262,174     

Absorption Rate:   An average of 744 homes per month have been sold, which equates to an 8.1 month supply of houses currently on the market.   It’s currently a BUYER”S MARKET in Colorado Springs

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

Tags: Colorado Springs CO homes, colorado springs co realtor, Colorado springs colorado homes, Colorado Springs Real Estate, Colorado Springs Realtor, colorado springs realtors, Homes in Colorado Springs, manitou springs homes

This entry was posted on Friday, November 7th, 2008 at 8:49 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.

1. Blog Carnival Reminds Us That Real Estate Is Local — Really Better Real Estate said at November 9th, 2008 at 7:11 am

   [...] Torline presents Colorado Springs Homes, September Market Report for Single Family Homes posted at Colorado Springs Vintage Homes Blog, saying, “It’s still a Buyer’s [...]

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