Colorado Springs Real Estate Market Report: April 2008

The Colorado Springs real estate market saw a bit of a jump in activity from March 2008 – April 2008.

New Listings: 830 homes for sale

  • Average List Price: $ 302,2512
    • Lowest Average List Price: Southeast Colorado Springs (S/E): $178,688
    • Highest Average List Price: Tri-Lakes/Monument (TRI): $466,161

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Pending Sales: 293 homes went under contract in April 2008

Sold Homes: 182

Average SOLD Price: $264,685
Average SOLD Price in March 2008: $257,152
The Southwest (S/W) area of the Colorado Springs real estate market and the Falcon (FAL) area were the closest to the average sold price.

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  • Lowest Average Sold Price: Central Colorado Springs (S/E): $133,605
  • Highest Average Sold Price: Westside Colorado Springs (WES): $569,333

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Median Sold Price: $243,100
Median Sold Price for March 2008: $201,790
Falcon real estate market was the closest to median sales price.

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Average List Price:Sale Price Ratio: 96.37%
Median List Price:Sale Price Ratio: 98.30%

  • Lowest LP:SP Ratio: Westside Colorado Springs real estate market (WES): 95.87%
  • Highest LP:SP Ratio: Southeast (S/E) Colorado Springs real estate market: 99.52%

Search Homes for Sale in Westside Colorado Springs Real Estate
Search Homes for Sale in Southeast  Colorado Springs Real Estate

Comments: The Colorado Springs neighborhoods that saw the most activity in April 2008, were:

Check Out These Recent Colorado Springs Real Estate Market Reports:

Colorado Springs Real Estate Market Report ~ March 2008
Colorado Springs Real Estate Market Report ~ February 2008
Colorado Springs Real Estate Market Report ~ January 2008

Search for Homes in Colorado Springs   Colorado Springs Property Values

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




Posted on May 5th, 2008 by Mariana Wagner

This entry was posted on Monday, May 5th, 2008 at 5:59 pm and is filed under Colorado Springs Homes, Colorado Springs Real Estate, Market Reports. 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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To begin your search for the perfect home or sell your home in the Colorado Springs area, call Derek and Mariana Wagner at (719) 434-7525.