Colorado Springs Vintage Homes Blog
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Archive for March 7th, 2009
It continues to be a great time to buy a home in the Central area of Colorado Springs
Colorado Spring Real Estate – 2004 to 2009 Market Report for Central Colorado Springs
Single Family Homes
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The Central area of Colorado Springs housing market continues to be a NEUTRAL Market, as there is currently a 4.56 month of supply of homes on the market. A 6 month supply of houses on the market is considered a “NEUTRAL MARKET”. Sales in 2008 were down 16% from 2007, but average pricing was only down 5% from 2007. Average prices on Home Sales ($139,813) in the first two months of 2009 were down substantially from the pricing for the same months in 2008 ($162,185). It continues to be a great time to buy in a home in Colorado Springs.
Recap of 2008, 2007, 2006, 2005, and 2004 Read the rest of this entry »
