Colorado Springs Vintage Homes Blog
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Archive for June 7th, 2009
Market report for homes in Old Colorado City, May 2009
Colorado Spring Real Estate
May 2009 Home Report for Old Colorado City - Single Family Homes
Includes Homes in Crown Hill Mesa, Gold Hill Mesa, Old Colorado City
Search for Homes in Colorado Springs and Old Colorado City
Must Read Article: How do I get a down payment for Homes in Colorado Springs?
The Old Colorado City housing market continues to be a Buyer’s Market, as there is currently a 8.3 month of supply of homes on the market. A 6 month supply of houses on the market is considered a “NEUTRAL MARKET”. Sales are down 22% from 2008 to 2007, but 2008 pricing was only down 1.5% from 2007. 96 Single family homes have been sold in 2009 vs. 134 for the same period in 2009; a decline of 38%.
Recap of 2009, 2008, 2007, 2006, 2005, and 2004
Current Report as of 6-5-09 in Old Colorado City
- Active listings: 134
- Under Contract and Pending:
- Absorption Rate: 16 homes per month, a 8.375 month supply of houses currently on the market
