The Colorado Springs real estate market saw a strong relationship between asking price/list price and sale price (LP/SP) in 2007. On average, homeowners in Colorado Springs received 97.23% of asking price.

Colorado Springs neighborhoods with the HIGHEST LP/SP ratios were:

• PWR (East of Powers Blvd.): 98.80%
• F/V (Fountain Valley / Fort Carson): 98.58%
• BRI (Briargate): 98.52
  Briargate is also home to the new neighborhood of Wolf Ranch. Read also:
  Colorado Springs Neighborhood Report ~ Wolf Ranch: The Community
  Colorado Springs Real Estate: Homes for Sale in Wolf Ranch

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

Neighborhoods in and around Colorado Springs with the LOWEST LP/SP ratios:

• MAN (Manitou Springs)*: 95.32%
  *Manitou Springs is a very eclectic town, with homes for sale in all price ranges and all conditions. Accurate comparables are difficult to find, which could explain the low LP/SP ratios for this area.
• S/W (Southwest Colorado Springs / Broadmoor): 96.21%
• WES (Westside of Colorado Springs): 96.21%

No matter where you live in Colorado Springs, a well-priced home will sell for almost full asking price.

Read Also: Selling Your Colorado Springs Home: The Importance of Proper Pricing from Day One

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 Housing Inventory Data

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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