In 2007, the Colorado Springs real estate market saw an average of 1,040 new homes go on the market every month and an average of 308 homes sell every month.

In 2007:

• 19,969 homes for sale went on the market
• 9,709 homes went under contract
• 9,547 homes sold

Most homes for sale in Colorado Springs went on the market in May of 2007: 2,234 homes.

The most homes for sale in Colorado Springs SOLD in April (943) and May (804).

Read Also: The BEST Times to Buy and Sell Real Estate in Colorado Springs

Colorado Springs neighborhoods with the most homes for sale were:

• PWR (East of Powers Blvd.): 2,373 homes
• F/V (Fountain Valley/ Fort Carson): 2,297 homes
• N/E (Northeast Colorado Springs): 2,019 homes

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

The Colorado Springs real estate market saw an average of 47.8% of all homes for sale go under contract and sell in 2007.

Top 4 neighborhoods in Colorado Springs with the highest amount of SOLD homes (over 50%):

• BRI (Briargate and Wolf Ranch): 57.5% of the listed homes SOLD.
• N/W (Northwest Colorado Springs): 53.5% of the listed homes SOLD.
• EAS (Eastern Colorado Springs): 53% of the homes SOLD.
• N/E (Northeastern Colorado Springs): 51.4% of the listed homes SOLD.

Read Also: Existing-Home Sales to Trend Up in 2008

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

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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