Colorado Springs Vintage Homes Blog
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Sales in West Colorado Springs are up for the year
Colorado Spring Real Estate – West Area
Market Report for September 2009 – Single Family Homes
Includes Homes in Pleasant Valley and Kissing Camels
Search for homes in West Colorado Springs
The Colorado Springs West housing market continues to be a BUYERS Market, as there is currently an 6.8 month of supply of homes on the market. A 6 month supply of houses on the market is considered a “NEUTRAL MARKET”. Sales units were ONLY down 1% from 2008 to 2007, but pricing was down more than16% from 2008 to 2007. 179 sales in 2009 vs. 158 sales in 2008, show an increase in sales for the first 8 months of the year.
Recap of 2009, 2008, 2007, 2006, 2005, and 2004
| 1-1-09 to 8-31-09 | 2008 | 2007 | 2006 | 2005 | 2004 | |
| Number of Homes Sold | 179 | 219 | 174 | 221 | 241 | 204 |
| Average Sale Price | $223,311 | $236,608 | $309,879 | $305,031 | $254,546 | $271,203 |
| Sales Price to List Price | TBD | 96.7% | 96% | 97.1% | 98 | 96.4% |
| Average Days on Market | 100 | 85 | 75 | 76 | 60 | 52 |
| Average # of house sold per month | 22.4 | 18.25 | 14.5 | 18.4 | 20.1 | 17.0 |
Current Report as of 9-16-09
- Active listings: 154
- Under Contract and Pending: 42
- Absorption Rate: 22.4 homes per month
Th1is Colorado Springs Real Estate report contains information on Single Family homes in West
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To find out more information about buying a home in Colorado Springs or Manitou Springs, call ….
Kathy (719-287-1049) KTorline@msn.com
