The Hughes Team

Colorado Springs Real Estate by Hughes


2009 Annual Southwest Colorado Springs And Broadmoor Real Estate Market Report

If you are a Colorado Springs or Broadmoor luxury home owner, checking out the Southwest Colorado Springs and Broadmoor Real Estate Market Report will prove to be beneficial to your interests.

As with the market updates from other areas, the Southwest Colorado Springs and Broadmoor luxury home area had the most number of luxury homes for sale during the summer months. A peak of 393 homes went up on sale in August and a low of 252 homes was charted for January.

Looking further into the Market Report for 2009 also showed that there was a slight decrease in home sales during 2009 as compared to 2008. 377 homes were sold in 2008 as compared to 325 in 2009. 57 homes were sold in July- the most for 2009, while March charted in with the least number of homes sold at 28.

The report also signified that on the average it took 94 days or just a little over 3 months to sell a luxury home in the Southwest Colorado Springs and Broadmoor  area. May showed the longest period that a home remained unsold at 143 days, while it was shortest at October at just 64 days.

Finally, it is also important to consider that the Southwest Colorado Springs and Broadmoor Real Estate luxury home prices were all over the board month after month. The average sales price is at $294, 260 and the median sales price is at $239,588.

Overall, the Southwest Colorado Springs and Broadmoor Real Estate Market Update Report for 2009 indicates that is favourable to go into the Southwest Colorado Springs and Broadmoor Real Estate market right now. Check our listings and look for a good deal to help you finally purchase your own luxury homes right now.

 

For more information on any Colorado Springs Home For Sale, contact:

The Hughes Team

Colorado Springs Realtors

 



http://www.realestatebyhughes.com/00A862
Posted on February 15, 2010 12:33:42 by The Hughes Team

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