Mariana Wagner

Colorado Springs Foreclosures – First Quarter 2009

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

April 11th, 2009 by Mariana Wagner | Leave A Comment

This entry was posted on Saturday, April 11th, 2009 at 6:27 pm and is filed under BUYERS, Colorado Springs Homes, Colorado Springs Real Estate, Foreclosure Information, SELLERS. 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.

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