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

By in Market Reports

Home inventory has decreased by 11.7% for the month of October 2009 when compared to six months ago (May 2009); one of the largest inventory decreases we have seen in a long time!  Compared to the previous month of September, there was a 8% decrease in single family homes for sale.  It is good that we are seeing inventory levels steadily dropping.

Single Family Home Inventory in the Pikes Peak MLS was nearly 24% higher in October 2008!

Looking at stats for October 2009, Single Family Home inventory in the Pikes Peak MLS is sitting at 5.8 months (compared to 5.9 months in September).  Single family inventory has remained at 6 months or lower since May 2009.  There is a balanced market in Colorado Springs when inventory sits at 6 months; the market is improving for sellers.

Home Inventory Statistics for El Paso County - October 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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