318 Colorado Springs Foreclosures sold in the first quarter of 2009. By “foreclosure” I mean that the home was a “distressed property” – and was sold either before it went to the foreclosure auction, or after it became bank owned.

Read More: Bank Owned Homes for Sale in Colorado Springs and Buying a Colorado Springs Foreclosure or Bank Owned Home

318 Foreclosures in Colorado Springs sold between January 1, 2009 and March 31, 2009

• Average Sale Price: $186,744
• Average Percentage of Listing Price that foreclosure homes sold for: 97%
• Average days on market: 94.5 days (just over 3 months)

Combined First Quarter Colorado Springs Real Estate Data:

• Average Sale Price: $209,316
• Average Percentage of Listing Price that foreclosure homes sold for: 97%
• Average days on market: 92 days

It looks like Colorado Springs foreclosures are selling for about $20,000 LESS than the area average, but days on market and list price/sale price ratios are pretty similar.

Read Also:

• Briargate Foreclosure Information for 2008
• Flying Horse Foreclosure Information for 2008
• Academy School District 20 Foreclosures for Sale
• 2008 Foreclosure Information for the Stetson Hills Real Estate Market

Looking to sell your home to avoid foreclosure? The Wagner iTeam is a team of professional and Certified Distressed Property – Short Sale Experts. We can help you understand your options and answer your questions about how you can avoid foreclosure. Call us today: 719.434.7525

Thanks for reading our Colorado Springs Real Estate Blog!
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