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Archive for August 6th, 2009
Manitou Springs home sales are down 25% for 2009
Manitou Springs Real Estate
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Related Article: Homes in Crystal Hills, hidden gems
The Manitou Springs Springs housing market continues to be a Buyer’s Market, as there is currently a 18 month of supply of homes on the market. A 6 month supply of houses on the market is considered a “NEUTRAL MARKET”. Sales were only down 1% from 2008 to 2007, but average pricing was down 10% from 2008 to 2007. 35 Single family homes have been sold in 2009 vs. 44 for the same period in 2008; a decline of 25%.
Recap of 2009, 2008, 2007, 2006, 2005, and 2004 Read the rest of this entry »
