Local Market Statistics
Colorado Springs Foreclosures Down, Home Prices (A Bit) Up
September 16, 2010 by Marni and Scott Huger · Leave a Comment
Keeping track of the local market in these uncertain economic times can be difficult – for every media headline that says “Home Prices Rise,” there seems to be another that announces “Home Prices Plummet”. We have seen pockets of areas where home values have been impacted by short sales and foreclosures, but overall the El Paso Public Trustee has reported a 10% decline in... [Read More]
Colorado Springs and Pikes Peak Area Market Conditions
July 12, 2010 by Marni and Scott Huger · Leave a Comment
A friend of ours asked us today how the Colorado Springs housing market was doing. Is it getting better or taking a turn for the worse? After taking a quick look at the numbers, local trends are primarily positive: Home sales are continuing to stabilize. The Pikes Peak Association of Realtors reports a 12% increase in single family home and patio home sales over last year, and an average home... [Read More]
Colorado Springs and Pikes Peak Area Market Conditions
April 7, 2010 by Marni and Scott Huger · Leave a Comment
As we head into warmer months, the Pikes Peak area is seeing continued growth in the number of homes coming on the market. Spring and summer months generally bring increases in listed homes, and currently some home sellers are trying to get their homes on the market before the current tax credit expires. As we have seen in previous years, the majority of home sales are occurring in homes priced... [Read More]
Colorado Springs and Pikes Peak Area Market Conditions
February 19, 2010 by Marni and Scott Huger · Leave a Comment
A quick note on market conditions in Colorado Springs and the Pikes Peak area as we move into 2010 – the new year is bringing more stabilization in the Pikes Peak area housing market, and encouraging economic news. The number of single family homes for sale continues to decline, which has begun to stabilize home prices and decrease the housing glut. Total home sales in December of 2009 exceeded... [Read More]
