The Old Colorado City real estate market saw an average of 110 available homes for sale each month in 2008. An average of 28 new listings came on the market each month and an average of 12 homes sold each month. So, for each home that sold, 2 more new listings replaced it.

We saw an average of 11.3% of the available Old Colorado City homes SOLD each month (5.3% – 16.1%). The most sales were in May – at 18 sales (14.4% of the inventory). The slowest month in 2008 for sales was November (5 sales, 5.3% of the inventory).

Buyer Tip: You will have the MOST selection of homes in the warmer months, but some of these home sellers may just be “testing” the market and not be willing to negotiate on their price. You will have the best luck getting a home at a good price in the colder months.

Seller Tip: If you are going to sell your home in the warmer months, make sure that you are comparing your home to homes LIKE yours that have recently sold and pay less attention to homes that are actively for sale, as they may ALSO be overpriced.

Below is a closer look at the amount of available Old Colorado City homes and sold listings, per month in 2008.

Available Old Colorado City Homes for Sale 2008:

Old Colorado City Sold Listings for 2008:

“Based on information from the Pikes Peak REALTOR Services Corp. (”RSC”), for the period Jan.1 – Dec.31, 2008. RSC does not guarantee or is in any way responsible for its accuracy.  Data maintained by RSC may not reflect all real estate activity in the market.”

Read Also:

• 2008 Annual Old Colorado City Real Estate Information – Average Days on Market
• 2008 Annual Old Colorado City Real Estate Information – Sales Price Data

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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