Here is the annual Powers Area Colorado Springs Real Estate Market report for 2009 – brought to you by the Colorado Springs Real Estate Connection. The Powers area consists of all Colorado Springs neighborhoods east of Powers Blvd., West of Marksheffel, South of Woodmen Road and North of Platte Avenue/ HWY 24. The main neighborhoods that make up the Powers area are: Stetson Hills real estate market, Springs Ranch real estate market, Greenhaven real estate market, Indigo Ranch real estate market and Cimarron Hills real estate market.

Red More: About the Powers Area Colorado Springs Real Estate Market

Powers Area 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 Powers Area Colorado Springs kind of tapered as the year progressed. February had 384 available homes for sale. The least amount of homes were available in December (250 homes). An average of 83 homes were available each month in 2009.

Comments: The Powers Area Colorado Springs real estate market saw a total of 1,001 homes sell in 2009, which is 101 MORE home sales than we saw in 2008, at 900 home sales. The most homes sold in July (110) and the least amount of homes (43) sold in February 2009.

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

Comments: For the homes in the Powers Area Colorado Springs real estate markets that SOLD in 2009, the days on market ranged from just 58 days in October to 103 days in March. The average time that a home in Powers Area Colorado Springs stayed on the market was just 75 days (just 2.5 months!). This is almost identical to the 2008 average (74 days) for this area.

Read More: About Selling Your Colorado Springs Home

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

Comments: In 2009, Powers Area Colorado Springs homes were all over the board on a month-to-month basis, with the average sales price of $198,827 and a median sales price of $194,316. These prices are lower than 2008 by about only $5,000.

Find the Value of Your Powers Area Colorado Springs Home

Popular Powers Area Colorado Springs Homes Searches:

• Homes for Sale in Stetson Hills
• Homes for Sale in Greenhaven
• Homes for Sale in Springs Ranch
• Home for Sale in Cimarron Hills/Eastridge

Based on Powers Area 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.

Read Also:  Banning Lewis Ranch and Powers Area Real Estate Market Info for December 2009

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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