Northwest Colorado Springs Real Estate Market Report for August 2008

The Northwest Colorado Springs real estate market is made up of several Colorado Springs neighborhoods, to include: Rockrimmon, Peregrine, Oak Valley Ranch and Mountain Shadows. Here is the Northwest Colorado Springs Real Estate Market for August 2008:

Single Family Northwest Colorado Springs Homes:

  • Active homes for sale: 201 (42 new listings in August)
  • Homes sold in August 2008: 39
  • Average Sale Price: $327,657
  • Median Sale Price: $314,000
  • Average Days on Market: 63 days (drastically down from 107 days in July)
  • Average Sale Price/List Price: 97.1%

Townhomes and Condos in Northwest Colorado Springs

  • Active homes for sale:70 (12 new listings in August)
  • Homes sold in August 2008:9
  • Average Sale Price: $187,580
  • Median Sale Price: $154,500
  • Average Days on Market:138 days (up from 59 days in July)
  • Average Sale Price/List Price: 98.3%

Search Homes for Sale in Northwest Colorado Springs

“Based on information from the Pikes Peak REALTOR Services Corp. (“RSC”), for the period August 1-31, 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.”