Colorado Springs Real Estate

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Colorado Springs townhomes, pricing continues to decline

Colorado Springs Townhomes and Condos

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Sales continue to be brisk in 2009, and it looks like they will end the year higher in 2009 than 2008.  But pricing has continued to see downward pressure. 

Townhomes 11 30 09

  1-1-2009 to11/30/09 2008 2007 2006 2005 2004
Number of Homes Sold 1010 1062 1423  1767  1731  1548
Average Sale Price $150,259 $158,272 $173,372 $166,335 $152,901 $148,947
Average Days on Market 122 104  98  92  75  70
Total Active 685 775 888 882 650 625
Average # sold per month 91.8 88.5 118.6 147.3 144.3 129

 

Active:  685

Under Contract and Pending:   123

Absorption Rate:  91.8. townhomes/condos per month, a 7.46 month supply of townhomes/condos currently on the market

This Colorado Springs Real Estate report contains information on Townhomes/Condos.

This information is taken from the Pikes Peak Realtor Services Corp and is deemed reliable but not guaranteed.

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To find out more information about Colorado Springs, Call ……
Kathy (719-287-1049)   KTorline@msn.com

 

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