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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)

Search Homes for Sale in Southeast Colorado Springs Real Estate
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.

Search Homes for Sale in Southeast Colorado Springs Real Estate
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

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