Mariana Wagner

Annual Northeast Colorado Springs Real Estate Market Report for 2009

Here is the annual Northeast Colorado Springs Real Estate Market report for 2009 – brought to you by the Colorado Springs Real Estate Connection. NE Colorado Springs neighborhoods include all areas (roughly) north of Austin Bluffs, South of Woodmen Road, East of Nevada/I-25 and West of Powers Blvd. NE Colorado Springs neighborhoods include the Garden Ranch real estate market, Vista Grande real estate market, Pulpit Rock real estate market, Wagon Trails real estate market, Sundown and Newport Heights real estate markets.

Red More: About the NE Colorado Springs Real Estate Market

Northeast Colorado Springs Real Estate: Available, New and Sold Listings, by Month:

Comments: Throughout the year we saw the number of available homes for sale in N/E Colorado Springs remain quite steady, averaging about 276 available homes at any given time, which is less than the average of 300 monthly available homes available in 2008. There was an influx of new listings and sold homes in Spring and Summer.

Comments: In 2009, the Northeast Colorado Springs real estate market saw a total of 716 homes sell in 2009, which is 26 less homes than we saw sell in 2008. The most homes sold in June (92) and the least amount of homes (30) sold in January 2009.

Northeast Colorado Springs Real Estate: Average Days on Market, by Month:

Comments: For the homes in the N/E Colorado Springs real estate markets that SOLD in 2009, the days on market ranged from just 39 days in October to 92 days in February. The average time that a home in Northeast Colorado Springs stayed on the market was just 71 days. This is just 2 1/2 months and GREAT news for home sellers in this area.

Read More: About Selling Your Colorado Springs Home

Northeast Colorado Springs Real Estate: Median and Average Sale Price, by Month:

Comments: In 2009, NE Colorado Springs homes held pretty steady with the average* sales price of $219,962 and a median* sales price of $200,600. These prices are lower than 2008 by about $10,000.

(Average sales price is determined by adding up all the sales prices and dividing by how many sales happened. Median sales price is determined by finding the mid-way point between the highest and lowest price of sold homes. In some real estate markets, the median sales price is a better indicator of sales prices, as a random super-high or super-low sales price can thwart an average.)

Find the Value of Your Northeast Colorado Springs Home

Popular Northeast Colorado Springs Home Searches:

• Homes for Sale in Northwind and Greenbriar Park
• Homes for Sale in Vista Grande
• Homes for Sale in Sundown and Antelope Meadows
• Homes for Sale in Woodland Hills
• Homes for Sale in Garden Ranch
• Homes for Sale in Newport Heights
• Homes for Sale in University Park
• Homes for Sale in Wagon Trails

Based on NE Colorado Springs Real Estate single family home information from the Pikes Peak REALTOR Services Corp. (”RSC”), for January-December 2009 .  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.

January 24th, 2010 by Mariana Wagner | 1 Comment »

This entry was posted on Sunday, January 24th, 2010 at 8:10 am and is filed under Colorado Springs Homes, Colorado Springs Neighborhoods, Colorado Springs Real Estate, Market Reports, Northeast. 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.

1. Austin Real Estate Agents said at February 10th, 2010 at 12:49 am

   Good Post. The graphical representation is definitely helpful for the real estate market.

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