Great News! Colorado Springs homeowners saw a healthy appreciation in 2007! The Colorado Springs real estate market saw an average sales price of $269,075. This is UP from the 2006 average sales price of $264,755. In fact, Colorado Springs has seen great appreciation since the MLS started recording data in 1994. The average sales price in Colorado Springs has jumped $100,000 since 1999!

Colorado Springs area neighborhoods with the HIGHEST sales prices:

• TRI (Tri-Lakes/Monument/Palmer Lake): $427,744
• NGT (Northgate): $399,094
• S/W (Southwest Colorado Springs/Broadmoor): $362,052

Read more information on the definitions of the different Colorado Springs MLS Areas and Boundaries.

Neighborhoods in and around Colorado Springs with the LOWEST sales prices:

• S/E (Southeast Colorado Springs): $139,897
• EAS (Eastern Colorado Springs): $180,767
• F/V (Fountain Valley/ Fort Carson): $180,523

Things are looking GREAT for Colorado Springs homeowners!

More from this Series:
2007 Colorado Springs Real Estate Market Report: Annual Days on Market Data
2007 Colorado Springs Real Estate Market Report: Annual Housing Inventory Data
2007 Colorado Springs Real Estate Market Report: Annual List Price to Sale Price Ratios

Read Also:  Existing-Home Sales Rise in November, Market Likely Stabilizing

Posted By: Mariana Wagner - Colorado Springs Real Estate Agent - Wagner iTeam
The Wagner iTeam is a power team of Keller Williams Clients' Choice Realty, specializing in Colorado Springs Real Estate and Monument Real Estate.

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