Colorado Springs Vintage Homes Blog
Colorado Springs Real Estate, Colorado Springs Real Estate Investments, Colorado Springs realty
719.287.1049
Archive for January 17th, 2009
Manitou Springs Homes, pricing down 10% from 2007
Manitou Springs Homes
2008 Market Report
Search for Homes in Manitou Springs
Single Family Homes in the Manitou Springs continues to be in a Buyer’s Market, as there is currently a 7.5 month of supply of homes on the market. A 6 month supply of houses on the market is considered a “NEUTRAL MARKET“. Sales are only down 1% from 2007, but average pricing is down 10% from 2007.
Recap of December Activity
- Homes Sold in the last month: 4
Recap of 2008, 2007, 2006, 2005, and 2004
| 2008 | 2007 | 2006 | 2005 | 2004 | |
| Number of Homes Sold | 62 | 63 | 90 | 80 | 82 |
| Average Sale Price | $292,931 | $326,267 | $290,533 | $269,743 | $254,814 |
| Sales Price to List Price | 95.3% | 94.9% | 96.3% | 97% | 97.1% |
| Average Days on Market | 109 | 105 | 79 | 82 | 61 |
| Average # of house sold per month | 5.2 | 5.3 | 7.5 | 6.7 | 6.8 |
Current Report Read the rest of this entry »
