The Colorado Springs Real Estate Market Report for May 2008

New Listings: 827 new listings went on the Colorado Springs real estate market in May 2008

• Average List Price: $ 320,997
  Lowest Average List Price: Southeast Colorado Springs (S/E): $148,110 (71 new listings)
  Highest Average List Price: Tri-Lakes/Monument (TRI): $529,646 (43 new listings)

Search Homes for Sale in Southeast Colorado Springs Real Estate
Search Homes for Sale in Monument Real Estate

Pending Sales: 310 homes went under contract in Colorado Springs in May 2008

Sold Homes: 174

• Average SOLD Price: $287,328
  Average SOLD Price in May 2008: $264,685
  The Briargate (BRI) area of the Colorado Springs real estate market had the closest to the average sold price.

Search Homes for Sale in Briargate Colorado Springs Real Estate

• Lowest Average Sold Price: Southeast Colorado Springs (S/E): $123,967
• Highest Average Sold Price: Westside Colorado Springs (WES): $524,000

Note: Westside Colorado Springs includes the prestigious gated Kissing Camels community.

Search Homes for Sale in Southeast Colorado Springs Real Estate
Search Homes for Sale in Westside Colorado Springs Real Estate

• Median Sold Price: $226,867
  Median Sold Price for April 2008: $243,100
  Northeast Colorado Springs real estate market was the closest to median sales price.

Search Homes for Sale in Northeast Colorado Springs Real Estate

• Average List Price:Sale Price Ratio: 96.42%
• Median List Price:Sale Price Ratio: 96.75%

Lowest LP:SP Ratio: Westside Colorado Springs real estate market (WES): 91.14%
Highest LP:SP Ratio: Northeast (N/E) Colorado Springs real estate market: 99.66%

Search Homes for Sale in Westside Colorado Springs Real Estate
Search Homes for Sale in Northeast Colorado Springs Real Estate

Comments: The Colorado Springs neighborhoods that saw the most activity in May 2008, were:

• Black Forest Colorado Springs Real Estate Market: 39 new listings went on the market and 31 homes went under contract or sold. Search Homes for Sale in Black Forest Colorado Springs
• Powers Area Colorado Springs Real Estate Market: 82 new listings went on the market and 58 homes went under contract or sold. (This area includes Stetson Hills Real Estate) Search Homes for Sale in Powers Area Colorado Springs

Check Out These Recent Colorado Springs Real Estate Market Reports:

Colorado Springs Real Estate Market Report ~ April 2008
Colorado Springs Real Estate Market Report ~ March 2008
Colorado Springs Real Estate Market Report ~ February 2008

Posted By: Mariana Wagner - Colorado Springs Real Estate Expert - Wagner iTeam
The Wagner iTeam is a power team of Keller Williams Realty,
specializing in Colorado Springs Real Estate and Monument Real Estate
Pictures of Colorado Springs