Home sales in El Paso County were highest during the summer months and then gradually dropped the remainder of the year in 2008. Looking back at 2008, the average sale price was lowest in November ($213,466) and highest in June ($256,829). The average median price was lowest in December ($180,000) and highest in July ($223,950). The average sale price dropped toward the end of the year due to the increased foreclosure and short sale properties in Colorado Springs. There were a total of 8,339 single family home sales in 2008 compared to 9,995 in 2007.
*Information gathered from the Pikes Peak MLS is deemed reliable but not guaranteed
Patio homes are included in these stats
Search for homes in Colorado Springs
For more information on Colorado Springs Real Estate or the Colorado Springs Area contact me or visit my website.
This entry was posted on Saturday, March 14th, 2009 at 3:22 pm and is filed under Market Reports. You can follow any responses to this entry through the RSS 2.0 feed. Responses are currently closed, but you can trackback from your own site.
