Colorado Springs Vintage Homes Blog
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Manitou Springs is still a Buyer’s market for homes
Manitou Springs Real Estate
Single Family Homes
Search for Homes in Manitou Springs
The Manitou Springs Springs housing market continues to be a Buyer’s Market, as there is currently a 15 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 2008 to 2007, but average pricing is down 10% from 2008 to 2007.
Recap of 2009, 2008, 2007, 2006, 2005, and 2004
| 1-1-2009 to 3-31-09 | 2008 | 2007 | 2006 | 2005 | 2004 | |
| Number of Homes Sold | 6 | 62 | 63 | 90 | 80 | 82 |
| Average Sale Price | $222,583 | $288,634 | $331,214 | $293,955 | $268,868 | $251,372 |
| Sales Price to List Price | 92.2% | 95.3% | 94.9% | 96.3% | 97% | 97.1% |
| Average Days on Market | 244 | 138 | 133 | 101 | 99 | 70 |
| Average # of house sold per month | 2 | 5.2 | 5.3 | 7.5 | 6.7 | 6.8 |
Current Report as of 4-10-09 in Manitou Springs
- Active listings: 55
- Under Contract and Pending: 6
- Absorption Rate: 3.7 homes per month, a 15 month supply of houses currently on the market.
Manitou Springs Homes are:
- Located in District 14 schools
- 20 – 25 minutes from Fort Carson
- 15 minutes from Pikes Peak Community College
- 20 – 25 Minutes from the Colorado Springs Airport
- 15 – 20 Minutes from Citadel Shopping Mall
- 10 – 20 Minutes from Downtown Colorado Springs
- 15 – 20 minutes from UCCS
- 5 – 10 Minutes from Garden of the Gods
- Great views of Pikes Peak
- 10 – 15 Minutes to the Broadmoor Hotel
- 10 – 15 minutes to the Cheyenne Mountain Zoo
This Colorado Springs Real Estate report contains information on Single Family homes in Manitou Springs.
This information is taken from the Pikes Peak Realtor Services Corp and is deemed reliable but not guaranteed.
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Must Read Posts:
- Buying a home in Colorado – what you should know about making an offer
- How does days on market affect home prices in Colorado Springs?
Kathy (719-287-1049) KTorline@msn.com
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