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Colorado Springs Real Estate Brokerage : Jeremy Isaac and Kathi Donivan, Realtors

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Colorado Springs Real Estate Market Report: December 2008

Published January 9, 2009 by Carrie

house-in-broadmoor-deer-colorado-springs

Not looking like Santa delivered too many homes to people in Colorado Springs this Christmas.

Sales: 495, 23.1% fewer than December 2007
Average Sales Price: $227,376 – down 10.5% from December 2007.  Sales prices compared to November 2008 were actually UP by 6.5%.
Median Sales Price: $180,000, down 16.2% from December 2007
Total Active Listings: 4,951, compared to 5,385 one year ago (down 8.1%)

For the year 2008, just over eight thousand homes were sold, compared to almost ten thousand in 2007 – a difference of -16.6%.  The average sales price in 2008 ($239,204) was down 7.9% from 2007 ($259,629).

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