Homes sales increased by 22% in El Paso County for the month of February when compared to January 2009. Looking over the past six months, home sales have been consistently dropping and home sales should start increasing now that we are nearing the busier time of year for real estate in Colorado Springs.
There were 52 more single family home sales in February 2008 when compared to total single family home sales for February 2009. Although there were fewer sales than this time last year, there were an additional 511 single family homes on the market in February 2008.
The average ($206,608) and median ($177,250) sales price increased when compared to the previous month of January and that is a good sign.
*Information gathered from the Pikes Peak MLS is deemed reliable but not guaranteed
Patio homes are included in these stats