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

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Sales are down, pricing is up in Northwest Colorado Springs

 Colorado Spring housing market for Northwest, Single Family Homes
 Includes houses in Rockrimmon, Southface, Mountain Shadow, and Peregrin
Zip Code  80919

Search for Homes in Northwest Colorado Springs

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The Northwest housing market in Colorado Springs continues to be a BUYERS  Market, as there is currently a 6 months of supply of homes on the market.   A 6 month supply of houses on the market is considered a “BUYER’S MARKET”.   There were less homes sold in 2010, but pricing increased by 6%.

Recap of 2010, 2009, 2008, 2007, 2006, 2005, and 2004

  2010 2009 2008 2007 2006 2005 2004
Number of Homes Sold

299

318

 317

370

473

 532

 546

Average Sale Price

$321,188

$303,722

 $339,804

 $363,946

$354,585

$327,587

$301,114

Average Days on Market

84

86

 95

 78

 67

 57

 44

Average # of house sold per month

24.9

26.5

 26.4

 

30.8

 

39.4

44.3

 

45.5

Current Report as of 1-10-2011 in Northwest Colorado Springs 

  • Active listings:  150
  • Absorption Rate : 24.9 homes per month for the last 6 months, a supply of 6 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 buying a home or an investment property in Colorado Springs area, call ….

Kathy (719-287-1049)   KTorline@msn.com

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