Mariana Wagner

2008 Annual Southwest Colorado Springs Real Estate Information – Sales Price Data

The Southwest Colorado Springs Real Estate market saw a 2008 annual average sales price of about $350,981 and an annual average median sale price of $273,700.  Here we see how this was broken down by month:

Southwest Colorado Springs homes were getting the highest prices in April of 2008, at an average sale price of $360,000. The lowest sale prices was in January of 2008, at an average of $197,500.

Buyer Tip: The SW parts of Colorado Springs have homes under $100k all the way to neighborhoods with custom homes in the millions of dollars, so the average price data will not be that useful. Make an offer on a home based off of the research that you and your agent do.

Seller Tip: Pricing your home to sell, in this market, means that you need to be priced better than MOST of your competition, to even get an offer.

The following graph shows the difference between what a Southwest Colorado Springs home was listed for (list price/asking price) compared to what it actually sold for in 2008:

The 2008 S/W Colorado Springs real estate market saw an annual average list price/sale price ratio of 95.2%.

Read Also:

• 2008 Annual Southwest Colorado Springs Real Estate Information – Homes for Sale
• 2008 Annual Southwest Colorado Springs Real Estate Information – Average Days on Market

“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.”

March 6th, 2009 by Mariana Wagner | Leave A Comment

This entry was posted on Friday, March 6th, 2009 at 8:33 am and is filed under Market Reports, Southwest and Broadmoor. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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