Colorado Springs Vintage Homes Blog

Home Pricing in Southwest Colorado Springs continues to be soft

February 2009 Market Report for Southwest Colorado Springs

Single Family Homes – Close to Fort Carson

Includes  Homes in Broadmoor, Cheyenne Meadows, Bluff Bluffs, Quail Ridge

Search for Homes in Southwest Colorado Springs

The Southwest housing market continues to be a BUYERS  Market, as there is currently a 8.65 months of supply of homes on the market.   A 6 month supply of houses on the market is considered a “NEUTRAL MARKET”.   2008 Sales units are down 25% from 2007, but 2008 pricing is only down 10% from 2007.

Recap of 2009, 2008, 2007, 2006, 2005, and 2004

Current Report as of 3-3-09

• Active listings:    317
• Under Contract and Pending:   50  
• Absorption Rate:  36.7 homes per month, a 8.65 month supply of houses currently on the market

Southwest home are:

• Close to Fort Carson
• Close to Norad
• Close to Pikes Peak Community College
• 20 Minutes from the Colorado Springs Airport
• 15 – 20  minutes from Citadel Shopping Mall
• 5 -15 Minutes from Downtown Colorado Springs
• 15 – 20 minutes from UCCS 
• 10 – 15 Minutes from Garden of the Gods
• Close to Seven falls
• Great views of Pikes Peak
• Close to the Broadmoor Hotel
• Close to the Cheyenne Mountain Zoo

This Colorado Springs Real Estate report contains information on Single Family homes in Southwest Colorado Springs.

This information is taken from the Pikes Peak Realtor Services Corp and is deemed reliable but not guaranteed.

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

Tags: broadmoor homes, broadmoor real estate, colorado springs area real estate, colorado springs co real estate, colorado springs realty, homes in colorado springs colorado

This entry was posted on Tuesday, March 10th, 2009 at 6:12 am and is filed under Neighborhoods - Southwest, 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. Posts about Manitou Springs as of March 27, 2009 | PRAYtheREVOLUTION said at March 27th, 2009 at 9:17 am

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