Realty Times - Colorado Springs, Colorado Market Conditions

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CONDITIONS™

By Local Real Estate Experts

These agents are in the field every day. Who knows the local housing market better than the people who work it on a regular basis? Click on the "MORE" link after each summary to find out more about each agent and their opinion of the Real Estate market for this community. Agents, click here to share your opinions of this market.

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Briargate - Broadmoor - Downtown Colorado Springs - Fairfax - Garden Ranch - Mountain Shadows - Northwest Colorado Springs - Pine Creek - Powers - Rockrimmon - Sagewood - Springs Ranch - Stetson Hills - Villa Loma - Village Seven - Vista Grande - Woodland Hills

Market Conditions Summary for Colorado Springs, Colorado

Reported by

Van Wieren Team
as of 12/3/2008:

Colorado Springs November 08 preliminary real estate sales data shows: Single Family Home Sales 499 units, down 25.2%, Average Price, $215,470 down 14.5%, Inventory 5586 units for sale, down 6.4%. ... MORE->

Reported by

Kitty Williams
as of 12/2/2008:

New home sales have dropped and our real estate has slowed down a lot. There are a lot of resale homes on the market. The nice ones still sell; but the average home is taking quite a while to sell. The military that was supposed to move in here are... MORE->
About Kitty Williams

Reported by

Jason Daniels
as of 12/1/2008:

The Colorado Springs market has been stabilizing due to the recent return of troops to the military installations in town. Several local companies have also provided great news for the local economy with new jobs over the next several years.... MORE->
About Jason Daniels

Reported by

Brad & Amy Secundy
as of 12/1/2008:

Off all homes in the $400,00- $499,000 market there are Listing on Pikes Peak MLS for May 2008- August 2008 # Active 528 # Sold 196 Current Days SUpply 330 Prior Report Day SUpply 360 **GOOD NEWS *** -8.36% In INVENTORY.. As... MORE->
About Brad & Amy Secundy

Reported by

Todd Hentosz
as of 11/20/2008:

COLORADO SPRINGS HOUSING STATISTICS (October 2007 vs. October 2008) 1. Sales: 723 vs. 649 (- 10.3%) 2. Inventory: 6,470 vs. 5,841 (- 9.8%) 3. Total Homes Sold YTD: 8,685 vs. 7,345 (- 15.5%) 4. Avg. Sale Price:... MORE->
About Todd Hentosz

Reported by

The Hughes Team
as of 11/17/2008:

The Colorado Springs market is experiencing a slow down. However, interest rates are still very attractively positioned in the 6.0% area. The overall economic report for the area is still reasonably positive with continued job growth and the influx... MORE->
About The Hughes Team

Reported by

Theresa Gwynn
as of 11/15/2008:

Don't believe the hype! Credit standards for many loans have tightened up, but mortgage money is widely available on home purchases for borrowers (new loan and refinancing) with good credit who can provide documentation and support their mortgage... MORE->
About Theresa Gwynn

Reported by

Roxann Siudzinski
as of 11/11/2008:

Following are statistics for the month of October 2008 for Colorado Springs and surrounding areas in El Paso County (new and existing single family/patio homes). There is currently an 8.4 monthly supply of active inventory. - Listings Sold:... MORE->
About Roxann Siudzinski

Reported by

Ron Mangiarelli
as of 11/7/2008:

OCTOBER 2008 STATISTICS Tour all listings at ourdaddy.com Current active listings are down another 3.1% (A GOOD THING) over one year ago & sales for September were down 11.6% over one year ago. Total Active Listings: 5,841 New... MORE->

Reported by

Darryl Deighton
as of 8/14/2008:

The housing market for this area in 2007 was significantly slower than in 2005 and 2006. Inventory was up about 25%. New construction slowed and it was generally a buyer's market. We are seeing that trend continue in 2008. -As we settle in to... MORE->
About Darryl Deighton

Reported by

Kenn Braemer
as of 5/23/2008:

Colorado Springs is a large city with the price of homes from under $100,000 to over $1,000,000. The market will depend on the price range you are looking for a home in. The under $100,000 to about $250,000 is a weak sellers market. However with the... MORE->
About Kenn Braemer

Average Current Market Rating: 1.8 (11 ratings)

1	2	3	4	5
Buyer's Market			Seller's Market

Average Current Price Trend: 2.3 (11 ratings)

1	2	3	4	5
Falling			Rising

Navigate: Top > Colorado > Colorado Springs
Briargate - Broadmoor - Downtown Colorado Springs - Fairfax - Garden Ranch - Mountain Shadows - Northwest Colorado Springs - Pine Creek - Powers - Rockrimmon - Sagewood - Springs Ranch - Stetson Hills - Villa Loma - Village Seven - Vista Grande - Woodland Hills

Note: A strong Buyer's Market does not necessarily mean that it is not a good time to sell your home. Likewise, a strong Seller's Market does not necessarily mean it is a bad time to buy a home. We suggest contacting one of the Real Estate Professionals on this page for advice.

These reports reflect the views and opinions of their authors and are not necessarily the views and opinions of Realty Times.

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