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2009 Colorado Springs Market Report for homes in Southwest
Market Report for Single Family Homes in Southwest
Includes Homes in Broadmoor Bluff, Cheyenne Meadows, Quail Ridge, Broadmoor
Search for homes in Southwest Colorado Springs
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Homes in Colorado Springs SOUTHWEST continue to be a BUYER’S Market, as there is currently a 8.3 months of supply of homes on the market. A 6 month supply of houses on the market is typically considered a “NEUTRAL MARKET”.
- Number of Homes in Southwest Colorado sold are up in 2008, but are still down substantially from 2005, when 801 homes were sold.
- Average pricing continues to see consistent downward pressure, currently down 16% from 2009 to 2008.
- Average days on market has continued to increase from 97 to 91.
Recap of 2004, 2005, 2006, 2007, 2008, 2009
|
|
2009 |
2008 |
2007 |
2006 |
2005 |
2004 |
| Number ofHomes Sold |
477 |
440 |
580 |
604 |
801 |
752 |
| Average Sale Price |
$299,047 |
$357,000 |
$394,375 |
$381,142 |
$371,349 |
$329,909 |
| AverageDays on Market |
97 |
91 |
94 |
84 |
64 |
35 |
| Average # of house sold per month |
39,8 |
36.7 |
48.3 |
50.3 |
66.8 |
62.7 |
This Colorado Springs Real Estate report contains information on Single Family homes in Southwest Colorado Springs.
This information is taken from the Pikes Peak Realtor Services Corp and is deemed reliable but not guaranteed.
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Kathy (719-287-1049) KTorline@msn.com
