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Pricing for Homes in Southwest Colorado Springs are up 9% in 2010
Colorado Springs Housing Market Report for Southwest area, Single Family Homes
Includes Homes in Broadmoor, Cheyenne Meadows, Cheyenne Canon, Broadmoor Bluffs, Quail Ridge
Search for homes in Southwest Colorado Springs
Zip Code: 80905, 80906
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Homes in Southwest Area continue to be a Buyers Market, as there is currently a 9 month 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 Southwest Area sold were down by 9% in 2010 vs. 2000 When comparing the high of 801 homes sold in 2005, unit sales are down by 40%.
- Average pricing has increased, currently up 13% from 2010 to 2009. Recap of 2004, 2005, 2006, 2007, 2008, 2009, 2010
|
2010 |
2009 |
2008 |
2007 |
2006 |
2005 |
2004 |
|
| Active |
323 |
|
|
|
|
|
|
| Number of Homes Sold |
263 |
399 |
440 |
580 |
604 |
801 |
752 |
| Average Sale Price |
$318,473 |
$282,421 |
$357,000 |
$394,375 |
$381,142 |
$371,349 |
$329,909 |
| Average Days on Market |
83 |
80 |
91 |
94 |
84 |
65 |
53 |
| Average # of house sold per month |
36.0 |
39.8 |
36. |
48.3 |
50.3 |
66.8 |
62.7 |
This Colorado Springs Real Estate report contains information on Single Family homes in Southwest Colorado Springs.
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 buying a home or an investment property in Colorado Springs area, call ….
Kathy (719-287-1049) KTorline@msn.com
2009 Colorado Springs Market Report for homes in Southwest
Market Report for Single Family Homes in Southwest
Includes Homes in Broadmoor Bluff, Cheyenne Meadows, Quail Ridge, Broadmoor
Search for homes in Southwest Colorado Springs
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- Number of Homes in Southwest Colorado sold are up in 2008, but are still down substantially from 2005, when 801 homes were sold.
- Average pricing continues to see consistent downward pressure, currently down 16% from 2009 to 2008.
- Average days on market has continued to increase from 97 to 91.
Broadmoor Homes, July Market Report
Search for Homes in Colorado Springs
Single Family Homes in Broadmoor were built from 1900 to the 2000’s. The majority of the houses are ranches and 2-stories, with 4 to 6 bedrooms, 3 – 5 baths, and 2-4 car garages. The average home has approx. 3000 to 5000 squ
are footage. The absorption rate of 2 houses per month shows that there is a 28 month supply of houses on the market; the housing market is currently a BUYERS MARKET in this area.
Broadmoor neighborhood is located in the Southwest area of Colorado Springs and in District 12 schools
- Grade School: Canon
- Middle Read the rest of this entry »
