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Skyway Homes in Southwest Colorado Springs

Homes in Skyway and Skyway Park are in the Southwest Area in Colorado Springs

Zip Code 80906

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 The Skyway and Skyway Park housing market continues to be a BUYER’s/NEUTRAL Market, as there is currently a 6 month of supply of homes on the market.   A 6 month supply of houses on the market is considered a “NEUTRAL MARKET”.   Sales units were up 13% from 2009 to 2008, and pricing was down 27% from 2009 to 2008.    Sales units and price per square foot are continuing to see a decrease in 2010.

Single Family Homes in Skyway were primarily built in the 1960’s.  The majority of the houses are ranches with 2-3 baths, with 1-2 car garages. The average home has appx. 1500 to 2000 square footage. 

The area location between Eighth street and Cresta.

The school District is District 12 and the majority of students go to Skyway Grade School, Cheyenne Mountain Junior High and Cheyenne Mountain High School.  

Skyway and Skyway Park

 

 

 

 

Year

Price

Total Sold

Average Price per sq foot

Average Sold Per Month
2010 year to date

$299,333

27

$101

2.7

2009

$272,097

37

$110

3.1

2008

$346,920

32

$111

2.7

2007

$347,411

41

$120

3.4

2006

$304,562

37

$111

3.1

2005

$322,364

66

$120

5.5

2004

$272,144

56

$102

4.7

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To find out more information about buying a home in Colorado Springs or Manitou Springs, call ….

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

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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

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 Homes in Colorado Springs SOUTHWEST continue to be a BUYER’S Market, as there is currently a 8.3 months 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 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.

2009 pricing southwest

  2009 DOM southwest

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Pricing in Southwest Colorado Springs continues to decline

Colorado Spring Real Estate, October 31, 2009
Market Report for Southwest – Single Family Homes, Homes Close to Fort Carson
Includes  Homes in the Broadmoor, Cheyenne Meadows, Bluff Bluffs, Quail Ridge

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Related Articles:

The Southwest housing market continues to be a BUYERS  Market, as there is currently a 9.7 month of supply of homes on the market.   A 6 month supply of houses on the market is considered a “NEUTRAL MARKET”.   2008 Sales units were down 25% from 2007, but 2008 pricing was only down 10% from 2007.   Sales have continued to declined in 2009 and pricing has continued to see downward pressure.

southwest dom pricing october 

southwest DOM october 2009

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