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Colorado Springs Real Estate Market Report – December 2009

By in Market Reports

Homes sales decreased by 21.5% in El Paso County for the month of December when compared to November 2009.

There were 128 additional single family home sales in December 2009 when compared to December 2008. There were also an additional 1,000 single family homes for sale in December 2008.

 The average sale price ($223,143) and the median sale price ($192,500) increased when compared to the previous month of November.  Last December, the average sale price was $227,276 and the median sale price was $180,000.

 
Homes $200,000 and below are still selling more quickly due to increased first time home buyer traffic. Now with the buyer tax credit being extended through June 30, 2010, we can expect to see more home buyers enter the real estate market.

 

Single Family Home Sales for El Paso County - December 2009

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

Patio homes are included in these stats


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For further information on available Homes in Colorado Springs contact your Colorado Springs Real Estate Agent, Patricia Beck.

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