Manitou Springs Housing market Report - 2009 | Colorado Springs Vintage Homes Blog

Manitou Springs Housing Market Report, 2009

January 15th, 2010 by Kathy Torline
Categories: Neighborhoods - Manitou Springs, Real Estate Market Reports

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.

2009 pricing manitou

2009 DOM Manitou

2009 Homes Sold Manitou

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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Tags: Crystal Hills homes, crystal Park, manitou springs homes, manitou springs real estate, manitou springs realtor, Real Estate Market Reports

This entry was posted on Friday, January 15th, 2010 at 9:30 am and is filed under Neighborhoods - Manitou Springs, Real Estate Market Reports. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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