The Hughes Team

Interested in purchasing or selling a Westside Colorado Springs home? Then, this 2009 Westside Colorado Springs Real Estate Market Update should come in handy as you make your decision.

Looking at the Westside Colorado Springs Real Estate Market statistics for 2009 suggests that Westside Colorado Springs luxury homes went on sale the most during summer months. It fell slowly as the fall months came in but reached it slowest point during the December holiday seasons.

Taking into consideration the numbers for the actual sold listings, 2009 saw a decrease in Westside Colorado Springs home sales as compared to the 2008 numbers. 2009 tallied in with a total of 102 homes sold while 2008 came in with 145. However, taking into consideration just the 2009 statistics alone showed that the most numbers of Westside Colorado Springs homes were sold in September at 22 homes and the least during April at 7 homes.

If you are thinking of selling your Westside Colorado Springs home, you should be aware that the report showed that on the average, luxury homes for sale stayed on the market for 86 days, or less than 3 months. January 2009 saw the lowest number of days at 40 and the most in April at 163 days. Please take note however, that the 2009 average is longer by two weeks as compared to the 2008 statistics.

With regards to the average prices, West Colorado Springs luxury homes had lower prices in 2009 as compared to the 2008 numbers, with a difference of $10,000. It was all over the board on a monthly basis for 2009. The average sales price came in at $251,227 while the median sales price chimed in at $191,558.

So, what are you waiting for? This is a good time to own your West Colorado Springs luxury home as the market update has indicated. Please don't forget to check our listings to avail of great deals.

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

The Hughes Team

Colorado Springs Realtors