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Colorado Springs Real Estate Market Report for WEST area
Colorado Spring Real Estate
Market Report for West, Single Family Homes
Includes Homes in Pleasant Valley and Kissing Camels
Search for Homes in WEST area
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Homes in Colorado Springs WEST area continue to be a NEUTRAL Market, as there is currently 5.7 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 WEST area in Colorado Springs sold are up 13% more than in 2008, but are down substantially from 2005, when 241 homes were sold.
- Average pricing continues to see downward pressure, currently down 3% from 2009 to 2008. 2009 pricing is down 19% from the high in 2007.
Recap of 2009, 2008, 2007, 2006, 2005, and 2004
|
2009 |
2008 |
2007 |
2006 |
2005 |
2004 |
|
| Active |
78 |
|
|
|
|
|
| Pending Under Contract |
28 |
|
|
|
|
|
| Number of Homes Sold |
164 |
145 |
174 |
221 |
241 |
204 |
| Average Sale Price |
$251,449 |
$259,834 |
$309,879 |
$305,031 |
$254,546 |
$271,203 |
| Average Days on Market |
81 |
73 |
75 |
76 |
60 |
52 |
| Average # of house sold per month |
14 |
12 |
15 |
18 |
20 |
17 |
This Colorado Springs Real Estate report contains information on Single Family homes inWEST area.
This information is taken from the Pikes Peak Realtor Services Corp and is deemed reliable but not guaranteed.
