2007 Colorado Springs Real Estate Market Report: Annual Housing Inventory Data

In 2007, the Colorado Springs real estate market saw an average of 1,040 new homes go on the market every month and an average of 308 homes sell every month.

In 2007:

  • 19,969 homes for sale went on the market
  • 9,709 homes went under contract
  • 9,547 homes sold

Most homes for sale in Colorado Springs went on the market in May of 2007: 2,234 homes.

The most homes for sale in Colorado Springs SOLD in April (943) and May (804).

Read Also: The BEST Times to Buy and Sell Real Estate in Colorado Springs

Colorado Springs neighborhoods with the most homes for sale were:

  • PWR (East of Powers Blvd.): 2,373 homes
  • F/V (Fountain Valley/ Fort Carson): 2,297 homes
  • N/E (Northeast Colorado Springs): 2,019 homes

Read more information on the definitions of the different Colorado Springs MLS Areas and Boundaries.

The Colorado Springs real estate market saw an average of 47.8% of all homes for sale go under contract and sell in 2007.

Top 4 neighborhoods in Colorado Springs with the highest amount of SOLD homes (over 50%):

  • BRI (Briargate and Wolf Ranch): 57.5% of the listed homes SOLD.
  • N/W (Northwest Colorado Springs): 53.5% of the listed homes SOLD.
  • EAS (Eastern Colorado Springs): 53% of the homes SOLD.
  • N/E (Northeastern Colorado Springs): 51.4% of the listed homes SOLD.

Read Also: Existing-Home Sales to Trend Up in 2008

More from this Series:
2007 Colorado Springs Real Estate Market Report: Annual Days on Market Data
2007 Colorado Springs Real Estate Market Report: Annual Sale Price Data
2007 Colorado Springs Real Estate Market Report: Annual List Price to Sale Price Ratios

Search for Homes in Colorado Springs   Colorado Springs Property Values

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Posted By: Mariana Wagner - Colorado Springs Real Estate Agent - Wagner iTeam
The Wagner iTeam is a power team of Keller Williams Realty,
specializing in Colorado Springs Real Estate and Monument Real Estate
Pictures of Colorado Springs
(719) 434-7525




Posted on January 4th, 2008 by Mariana Wagner

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To begin your search for the perfect home or sell your home in the Colorado Springs area, call Derek and Mariana Wagner at (719) 434-7525.