Southwest Colorado Springs and Broadmoor Real Estate Market Report for August 2008

The Southwest Colorado Springs real estate market is made up of several Colorado Springs neighborhoods, to include: Broadmoor, Skyway, Stratmoor Valley and Cheyenne Meadows. Here is the Southwest Colorado Springs Real Estate Market for August 2008:

Single Family Homes in Southwest Colorado Springs

  • Active homes for sale:424 (69 new listings in August)
  • Homes sold in August 2008:33
  • Average Sale Price: $427,742
  • Median Sale Price: $333,500
  • Average Days on Market:86 days (down from 89 days in July)
  • Average Sale Price/List Price: 94.9%

Townhomes and Condos in Southwest Colorado Springs

  • Active homes for sale:95 (19 new listings in August)
  • Homes sold in August 2008:9
  • Average Sale Price: $178,611
  • Median Sale Price: $151,500
  • Average Days on Market: 81 days
  • Average Sale Price/List Price: 94.2%

“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.”