Colorado Springs Real Estate

Colorado Springs Real Estate Blog

Single Family Home Inventory Stats for El Paso County – May 2009

Posted on June 9, 2009 by Patricia

Home inventory increased by 1.8% for the month of May 2009 when compared to six months ago (December 2008). Compared to the previous month of April, there was a slight increase (.6%) in single family homes for sale. It is good that we are seeing inventory levels remaining steady while home sales are increasing; this will ultimately reduce the months of inventory in Colorado Springs.

Single Family Home Inventory in the Pikes Peak MLS has also decreased by 21% when comparing May 2009 to May 2008!

Looking at stats for May 2009, Single Family Home inventory in the Pikes Peak MLS is sitting at 6 months (compared to 7 months in April). We have not seen the inventory as low as 6 months June 2007!  There is a balanced market in Colorado Springs when inventory sits at 6 months; it appears the market is improving for sellers. 

Home Inventory Statistics for El Paso County - May 2009

 

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*Information gathered from the Pikes Peak MLS is deemed reliable but not guaranteed

Patio homes are included in these stats

About Patricia

As a Colorado Native, I am here to assist you with all of your real estate needs. If you are planning on selling or buying real estate in Colorado Springs, I will provide you with the information you need to understand the real estate process and guide you through the transaction until closing. If you would like more information or have additional questions about Colorado Springs real estate, please contact me. Feel free to review testimonials on my website.
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