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Downtown Colorado Springs Homes – Market Report for 2009
Market Report for CENTRAL and DOWNTOWN area, Single Family Homes
Includes Homes in Old North End, Roswell, Bonnyville, Patty Jewett, Downtown
Search for homes in CENTRAL and DOWNTOWN Colorado Springs
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Homes in Colorado Springs CENTRAL area continue to be a NEUTRAL Market, as there is currently a 6.7 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 CENTRAL area in Colorado Springs sold are up in 2009 vs. 2008, but are down substantially from 2005, when 802 homes were sold.
- Average pricing continues to see downward pressure, currently down 13% from 2009 to 2008. Pricing is actually down 25% from the high of $192,233 in 2007.
Foreclosed homes for sale in Central Colorado Springs
Homes in Colorado Springs
Market information for Active and Foreclosure Homes in Central Colorado Springs As of 3-14-09
For a FREE list of Foreclosure Homes in all areas of Colorado Springs, Email KTorline@msn.com
Neighborhoods: Homes in Ivywild, Old North End, Patty Jewett, Divine Redeemer, East End Addition, Crown Hill Mesa, Boulder Heights, Spring Creek
Breakdown of homes for sale, INCLUDING FORECLOSURES, as of 3-14-09
- Short sales: 53 (11.8%)
- Bank-owned: 54 (12%)
- Regular: 343 (76.2%) Read the rest of this entry »
Colorado Springs Old North End, Market Report for November
Colorado Springs Real Estate – Market Report for Old North End Neighborhood – Single Family Homes
Search for Homes in Colorado Springs
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Single Family Homes in Old North End were primarily built in the 1900’s to 1920’s. The majority of the houses are ranches and 2-storys, with 3 to 5 bedrooms, 2- 3 baths, and 1 – 2 car garages. The average home has appx. 2500 to 3500 square footage. The absorption rate of 3.18 houses per month shows that there is a 5.5 month supply of houses on the market; the housing market is currently a NEUTRAL -BUYERS MARKET in this area. A 6 month supply of houses on the market is considered a “NEUTRAL MARKET“
Colorado Springs Old North End, Market Report for July
Single Family Homes in Old North End were primarily built in the 1900’s to 1920’s. The majority of the houses are ranches and 2-stories, with 3 to 5 bedrooms, 2- 3 baths, and 1 – 2 car garages. The average home has approx. 2500 to 3500 square footage. The absorption rate of 4 house per month shows that there is a 6 month supply of houses on the market; the housing market is Read the rest of this entry »
