Colorado Springs Real Estate Market Report ~ May 2008

New Listings: 827 new listings went on the Colorado Springs real estate market in May 2008

  • Average List Price: $ 320,997
    Lowest Average List Price: Southeast Colorado Springs (S/E): $148,110 (71 new listings)
    Highest Average List Price: Tri-Lakes/Monument (TRI): $529,646 (43 new listings)

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Search Homes for Sale in Monument Real Estate

Pending Sales: 310 homes went under contract in Colorado Springs in May 2008

Sold Homes: 174

  • Average SOLD Price: $287,328
    Average SOLD Price in May 2008: $264,685
    The Briargate (BRI) area of the Colorado Springs real estate market had the closest to the average sold price.

Search Homes for Sale in Briargate Colorado Springs Real Estate

  • Lowest Average Sold Price: Southeast Colorado Springs (S/E): $123,967
  • Highest Average Sold Price: Westside Colorado Springs (WES): $524,000

Note: Westside Colorado Springs includes the prestigious gated Kissing Camels community.

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Search Homes for Sale in Westside Colorado Springs Real Estate

  • Median Sold Price: $226,867
    Median Sold Price for April 2008: $243,100
    Northeast Colorado Springs real estate market was the closest to median sales price.

Search Homes for Sale in Northeast Colorado Springs Real Estate

  • Average List Price:Sale Price Ratio: 96.42%
  • Median List Price:Sale Price Ratio: 96.75%

Lowest LP:SP Ratio: Westside Colorado Springs real estate market (WES): 91.14%
Highest LP:SP Ratio: Northeast (N/E) Colorado Springs real estate market: 99.66%

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

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

Check Out These Recent Colorado Springs Real Estate Market Reports:

Colorado Springs Real Estate Market Report ~ April 2008
Colorado Springs Real Estate Market Report ~ March 2008
Colorado Springs Real Estate Market Report ~ February 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 June 1st, 2008 by Mariana Wagner

This entry was posted on Sunday, June 1st, 2008 at 4:19 pm and is filed under Colorado Springs Homes, Colorado Springs Real Estate, Fountain and Fort Carson, Manitou Springs, Market Reports, Monument and Palmer Lake. 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.