Every housing market is local, and the Colorado Springs housing market is stronger than what is generally portrayed nationally in the media. Statistics show a 12% increase in homes sales in September, 2009 compared to September, 2008. Record low interest rates as well as federal tax-incentives for the first-time home buyers have helped spark area home sales, especially in specific price ranges.
The average single family home sales price in Colorado Springs is $214,848.
The total number of active home listings on the market continues to decline, with 6% decrease of listings from August, 2009 to September, 2009. This decline is creating less of a housing glut in the market.
With an anticipated arrival of thousands of military personnel to Fort Carson and the resulting expansion of jobs in the service areas surrounding our military bases, the economic outlook for Colorado Springs and the El Paso and Teller counties is positive as we move into 2010.
Please feel free to call us anytime at (719) 659-2630.
Thanks! Scott and Marni
ZIP Code: 80906 Location Characteristics: Colorado Springs has been ranked in the top 3 cities for Housing Recovery by Forbes.com, ranked 28th in the top Best Places To Live from CNN Money, and ranked 7th in the top places to Raise an Outdoor Kid by Backpacker Magazine.
