The Hughes Team

Southeast Colorado Springs Market Update

There was a notable decreased in the number of available homes in the Southeast part of the Colorado Springs Real Estate Market from the year 2009 to 2010. From 252 available homes in January 2009, it dropped down to 142 homes in October.

The average homes sold each month is 92. There was a total of 659 homes sell in 2009, which is much higher than in 2008 at 520 home sales.

Homes sold in the Southeast part remained in the Colorado Real Estate  market last year for 43 days in December while 84 days in May. The average days that a home in this area stayed on the market were only 77 days. This is only three days longer than in the year 2008.

The Southeast area was all over the board on a month-to-month basis, with an average of $123,111 and the median sales price of $121,281. Therefore, the 2009 for the same area is only about $10,000 lower than a year ago.

With magnificent natural beauty and phenomenal weather, you would expect the Colorado Home value to be highly profitable.

Buying your own Colorado Springs Home can give you an excellent quality of life at an affordable price. Enjoy the breathtaking backdrop of the Rocky Mountains, the big blue skies, and the 300 days of sunshine per year on average only here at Colorado! 

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

The Hughes Team

Colorado Springs Realtors