Colorado Springs Real Estate, Colorado Springs Real Estate Investments, Colorado Springs realty

719.287.1049

ktorline@msn.com

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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To find out more information about Colorado Springs, Call ……
Kathy (719-287-1049)   KTorline@msn.com
      

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