|
Market Conditions for Colorado Springs, Colorado
Reported by Van Wieren Team, REALTOR
Updated November 15, 2009.
|
Current Market Rating: 2
|
1
|
2
|
3
|
4
|
5
|
Buyer's
|
|
Seller's
|
|
|
|
Current Price Trend: 3
|
1
|
2
|
3
|
4
|
5
|
Falling
|
|
Rising
|
|
|
October 2009 Colorado Springs home sale statistics show sales up 19.1% from October of 08, the 3rd double digit increase in a row over last year. Prices are still lagging a bit, with the average of $213,352 down 7.24% from '08 and also off the summer peaks. Selling prices averaged 97.7% of asking, the highest 'sell to list' ratio this year.
Interest rates are still in the low 5's (and even upper 4's some days!), and many new troops have arrived home at Fort Carson. The First Time Home Buyer Tax Credit has been extended to April 30 2010, and now there is even a tax credit for some prior homeowners. What a great time to buy!
See all the listed homes for sale at www.RickSellsColorado.com, or visit our blog (updated regularly) at http://LivingInColoradoSprings.blogspot.com/
- Rick Van Wieren
ZIP Codes: 80920, 80921, 80922, 80923, 80924, 80915, 80917, 80918, 80919, 80910, 80906, 80907, 80908, 80909, 80831, 80132
Location Characteristics: Home of the US Air Force Academy, NORAD, Ft Carson, Olympic Training Center, Peterson and Schriever AFB, and one of the most beautiful cities in the US, at the foot of Pikes Peak. Rated as one of the top cities in the country to live and for real estate recovery, by many magazines and surveys, including Money, Outside, Men's Fitness, Forbes and more!
For More Information:
View Market Conditions of other areas served by Van Wieren Team
Navigate: Top > Colorado > Colorado Springs
These reports reflect the views and opinions of their authors and are not necessarily the views and opinions of Realty Times.
