Colorado Springs Vintage Homes Blog
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Northwest Homes are seeing an increase in pricing
Colorado Spring Real Estate
Market Report for Northwest, Single Family Homes
Includes houses in Rockrimmon, Mountain Shadow, and Peregrin
Zip Codes: 80919
Search for homes in Northwest Colorado
The Northwest housing market continues to be a BUYERS Market, as there is currently a 7 months of supply of homes on the market. A 6 month supply of houses on the market is considered a “BUYER’S MARKET”. Sales were even from 2009 to 2008, but average pricing was down 11% from 2008 to 2007. In 2010 pricing and unit sales are starting to see an increase.
Recap of 2010, 2009, 2008, 2007, 2006, 2005, and 2004
| 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | |
| Number of Homes Sold |
230 |
318 |
317 |
370 |
473 |
532 |
546 |
| Average Sale Price |
$327,192 |
$303,722 |
$339,804 |
$363,946 |
$354,585 |
$327,587 |
$301,114 |
| Average Days on Market |
85 |
86 |
95 |
78 |
67 |
57 |
44 |
| Average # of house sold per month |
28.8 |
26.5 |
26.4
|
30.8
|
39.4 |
44.3
|
45.5 |
Current Report as of 9-6-2010 in Northwest Colorado Springs
- Active listings: 192
- Absorption Rate : 28.8 homes per month for the last 6 months, a supply of 6.68 months of houses currently on the market.
This Colorado Springs Real Estate report contains information on Single Family homes in Northwest
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











