Colorado Springs Vintage Homes Blog
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Are prices starting to stablize?
Colorado Springs Homes — Average Sales Price Comparison
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The Colorado Springs Real Estate market continues to be a a BUYER’s market for single family homes in most neighborhoods. But it’s important to remember that real estate is regional, and varies on a neighborhood by neighborhood basis. Prices have continued to move downward, but they seem to have stabilized. The current prices are similar to where they were in 2004 and 2005.
Get a Free Market Analysis on your Home, Email KTorline@msn.com or call 719-287-1049
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Colorado Springs Home prices — similar to 2004
Graphs tell the story on Colorado Springs home prices
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Since a lot of my business is relocation, I talk to a lot of people who are looking at moving to the Colorado Springs area. Even though our average pricing is down in Colorado Springs, we certainly haven’t been hit as hard as many cities. The graph below really shows exactly where the current average pricing is, which is close to 2004 pricing. But like all cities, the average price varies vastly on a neighborhood by neighborhood basis. Some areas have held strong, and some areas have seen their pricing drop by 30% or more.
To find out more information about Colorado Springs Real Estate, Contact Kathy Torline (KTorline@msn.com) 719-287-1049
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