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Colorado Springs
Archive for December 27th, 2008
Colorado Springs Old North End, Market Report for November
Colorado Springs Real Estate – Market Report for Old North End Neighborhood – Single Family Homes
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Single Family Homes in Old North End were primarily built in the 1900’s to 1920’s. The majority of the houses are ranches and 2-storys, with 3 to 5 bedrooms, 2- 3 baths, and 1 – 2 car garages. The average home has appx. 2500 to 3500 square footage. The absorption rate of 3.18 houses per month shows that there is a 5.5 month supply of houses on the market; the housing market is currently a NEUTRAL -BUYERS MARKET in this area. A 6 month supply of houses on the market is considered a “NEUTRAL MARKET“
