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Colorado Springs
Archive for November 28th, 2009
Manitou Springs pricing holds strong
Manitou Springs Real Estate – Single Family Homes – Market Report for October 31, 2009
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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 were only 1% from 2008 to 2007, but average pricing was down 10% from 2008 to 2007. Sales have continued to decline in 2009, but pricing has increased.
