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Old Colorado City is seeing more downward pressure on pricing
Colorado Spring Real Estate, Market Report for Old Colorado City, Single Family Homes
Includes homes in Crown Hill Mesa, Colorado City, and Old Colorado City
Zip Codes: 80904, 80905, 80903
Search for Homes in Old Colorado City
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Homes in Colorado Springs Old Colorado City area continue to be a BUYER”S Market, as there is currently a 8 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 less homes sold per month, and downward pressure on pricing is continuing.
Recap of 2010, 2009, 2008, 2007, 2006, 2005, and 2004
|
2010 |
2009 |
2008 |
2007 |
2006 |
2005 |
2004 |
|
| Active |
110 |
|
|
|
|
|
|
| Number of Homes Sold |
110 |
174 |
151 |
194 |
212 |
295 |
238 |
| Average Sale Price |
$156,918 |
$164,989 |
$178,157 |
$180,847 |
$178,932 |
$200,019 |
$169,918 |
| Average Days on Market |
59 |
80 |
81 |
73 |
70 |
63 |
55 |
| Average # of house sold per month |
13.8 |
14.5 |
12.6 |
16.2 |
17.7 |
24.6 |
19.8 |
This Colorado Springs Real Estate report contains information on Single Family homes in Old Colorado City
This information is taken from the Pikes Peak Realtor Services Corp and is deemed reliable but not guaranteed.
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Kathy (719-287-1049) KTorline@msn.com
Old Colorado City Housing Market Report for 2009
Colorado Spring Real Estate
Market Report for Old Colorado City, Single Family Homes
Search for Homes in Old Colorado City
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Homes in Colorado Springs Old Colorado City area continue to be a NEUTRAL Market, as there is currently a 10 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 Old Colorado area in Colorado Springs sold are 15% more than in 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.
Old Colorado City pricing holding strong
Colorado Spring Real Estate
Market Report for Old Colorado City - Single Family Homes
Includes Homes in Crown Hill Mesa, Gold Hill, Old Colorado City
Search for Homes in Old Colorado City
Related Articles:
The Old Colorado City housing market continues to be a Buyer’s Market, as there is currently a 6.5 month of supply of homes on the market. A 6 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. Sales are up for 2009 and pricing is holding fairly strong compared to 2008.
Homes Sales in Old Colorado City area remain strong
Colorado Spring Real Estate – Market Report for Homes in Old Colorado City, Single Family Homes
Includes Crown Hill Mesa, Gold Hill, Old Colorado City
Search for Homes in Old Colorado City
The Old Colorado City housing market continues to be a Buyer’s Market, as there is currently a 6.5 month of supply of homes on the market. A 6 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. 142 Single family homes were sold in 2009 vs. 157 for the same period in 2009; a decline of 10%.
Recap of 2009, 2008, 2007, 2006, 2005, and 2004
Colorado Springs Foreclosure listings in Old Colorado City area as of 5-12-09
Old Colorado City – Market breakdown for Active Homes as of 5-11-09
For a FREE list of Foreclosure Homes, Email KTorline@msn.com Search for Homes in Old Colorado City
Active homes for sale:
-
Short sales: 12 (6%)
-
Bank-owned: 8 (4%)
-
Regular: 179 (89.9%)
Active Homes for Sale as of 199
-
Single Family Homes: 133 (67%)
-
Condos/Townhomes/Patio Homes: 66 (33%)
Partial list of Foreclosed homes currently on the market Read the rest of this entry »
