Colorado Springs Vintage Homes Blog
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Old North End Housing in Colorado Springs remains strong in 2008
2004 – 2008 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 3.3 houses per month shows that there is a 4.9 month supply of houses on the market; the housing market is currently a NEUTRAL -SELLERS MARKET in this area. A 6 month supply of houses on the market is considered a “NEUTRAL MARKET”
Recap of December 2008 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 | 39 | 32 | 39 | 41 | 20 |
| Average List Price | $431,400 | $473,300 | $486,711 | $367,526 | $383,072 |
| Average Sold Price | $413,705 | $449,690 | $469,629 | $354,371 | $366,158 |
| Average Days on Market | 104 | 153 | 106 | 86 | 69 |
| Total Square feet | 2857 | 2921 | 3435 | 2646 | 3423 |
| Average # of house sold per month | 3.3 | 2.7 | 3.3 | 3.4 | 1.7 |
Current Report as of 1-16-09
- Active listings: 16
- Under Contract and Pending: 1
- Absorption Rate: per month 3.3
This Colorado Springs Real Estate report contains information on Single Family dwellings in North End.
This information is taken from the Pikes Peak Realtor Services Corp and is deemed reliable but not guaranteed.
If you enjoyed reading this article, why not Kathy (719-287-1049) KTorline@msn.com
