Colorado Springs Vintage Homes Blog
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First Quarter Market Report for Homes in OLD COLORADO CIty in Colorado Springs
Colorado Spring Real Estate
Market Report for Homes in Old Colorado City, Single Family Homes
Includes homes in Crown Hill Mesa, Colorado City, and Old Colorado City
Search for Homes in Old Colorado City
Homes in Colorado Springs Old Colorado City area continue to be a NEUTRAL Market, as there is currently a 7 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 Old Colorado City area in Colorado Springs sold have increased by 15% from 2009 to 2008, but are down substantially from 2005, when 295 homes were sold.
- Average pricing continues to see downward pressure, currently down 7% from 2009 to 2008. 2009 pricing is down 18% from the high in 2005.
- 2010 is continuing to see more homes sold per month, but downward pressure on pricing is continuing.
Pricing holds strong in Old Colorado City
Colorado Spring Real Estate
Market Report for Old Colorado City – Single Family Homes
Includes Crown Hill Mesa, Gold Hill, Old Colorado City
Search for homes in Old Colorado City
Must Read Articles:
The Old Colorado City housing market continues to be a Buyer’s Market, as there is currently a month of supply of homes on the market. A 6.9 month supply of houses on the market is considered a “NEUTRAL MARKET”. Sales are down 22% from 2008 to 2007, but 2008 pricing was only down 1.5% from 2007. 115 Single family homes were sold in 2009 vs. 134 for the same period in 2009; a decline of 16%.
