The Colorado Springs real estate market got more good news in November. This was the 9th month in a row where prices rose over the prior year.
- The median price rose 9.7% from 2011 to $203,000
- The average price rose 6.3% from 2011 to $231,885
- Building permits were up 49.2%
- The inventory of unsold homes dropped 8.9%
- Sales rose 14.9%
Unemployment for October remained stubbornly high at 9.2%, well above the average for the state.
For more details, please visit http://livingcoloradosprings.com/market-conditions/ , or call Rick Van Wieren at RE/MAX Properties 719-331-7675