Colorado Springs Vintage Homes Blog
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Market report for homes in Colorado Springs, Central Area as of June 30, 2010
Colorado Spring Real Estate
Market Report for Homes in Downtown Colorado Springs, Single Family Homes
Includes Homes in Downtown, Patty Jewett, Divine Redeemer, Old North End, East End Addition
Zip codes include: 80903, 80907
Search for homes in Downtown and Central Colorado Springs
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The Central part of Colorado Springs housing market continues to be a NEUTRAL Market, as there is currently a 6.75 month of supply of homes on the market. A 6 month supply of houses on the market is considered a “NEUTRAL MARKET”. Sales were up 3% from 2009 to 2008, but average pricing was down 13% from 2009 to 2008. Pricing and Sales have continued to decline in 2010.
Recap of 2010, 2009, 2008, 2007, 2006, 2005, and 2004
| 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | |
| Number of Homes Sold | 312 | 580 | 561 | 589 | 735 | 802 | 678 |
| Average List Price | $156,592 | $145,306 | $167,910 | $192,233 | $187,102 | $175,122 | $165,234 |
| Average Days on Market | 68 | 71 | 85 | 78 | 62 | 57 | 43 |
| Average # of homes sold per month | 52 | 48.3 | 46.8 | 49.1 | 61.3 | 66.8 | 56.5 |
Current Report as of 4-30-10 in Central Area area
- Active listings: 351
- Under Contract and Pending : 73
- Absorption Rate: 52 homes per month, a 6.75 month supply of houses currently on the market
