Colorado Springs Vintage Homes Blog
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Manitou Springs Housing Market Report, 2009
Housing Market Report for Manitou Springs, Single Family Homes
Includes Homes in Crystal Hills
Homes in Manitou Springs continue to be a Buyers Market, as there is currently a 10.1 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 Manitou Springs sold are down by 18% in 2009 vs. 2008. When comparing the high of 90 homes sold in 2006, unit sales are down by 43%.
- Average pricing continues to see downward pressure, currently down 2% from 2009 to 2008. Pricing is actually down 32% from the high of $326,257 in 2007.



Recap of 2004, 2005, 2006, 2007, 2008, and 2009
|
2009 |
2008 | 2007 | 2006 | 2005 |
2004 |
|
| Active |
43 |
|
|
|
|
|
| Number of Homes Sold |
51 |
62 |
63 |
90 |
80 |
82 |
| Average Sale Price |
$288,154 |
$292,931 |
$326,257 |
$290,533 |
$269,743 |
$254,814 |
| Average Days on Market |
100 |
101 |
105 |
79 |
97 |
61 |
| Average # of house sold per month |
4.3 |
5.2 |
5.3 |
7.5 |
6.7 |
6.8 |
This Colorado Springs Real Estate report contains information on Single Family homes in Manitou 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












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