February Home Sales Continue to Rise in Colorado Springs

Preliminary figures indicate homes sale rose again in Colorado Springs for the 7th consecutive month at a double digit pace of 13.5%. Prices were also up, though barely, with the average up .4%, and the median (1/2 above, 1/2 below), up only 2.7%. The inventory of unsold homes for sale dropped again, to 4,361 units [...]

Where In Colorado Springs Are Homes Selling?

The area of Colorado Springs that is selling the most homes is Fountain Valley, on the southern edge of the region. Here is a round up of the top  MLS areas, by number of single family homes sold in December of 2009:

Area
# SF Home Sales
Med Sale Price
Avg Sale Price
% of Market

Fountain Valley
72
$166,825
$165,106
11.56%

Powers
63
$190,000
$197,160
10.11%

Northeast
55
$224,900
$257,366
8.83%

Southwest
51
$192,500
$270,210
8.19%

Southeast
47
$115,000
$122,771
7.54%

Central
41
$115,000
$127,924
6.58%

East
31
$155,000
$161,075
4.98%

Briargate
30
$272,000
$281,875
4.82%

Trilakes
29
$356,000
$371,578
4.65%

Northwest
26
$277,000
$322,969
4.17%

Falcon North
25
$243,400
$251,387
4.01%

 
 
 
 
 

Total SF sales
623
 
 
 

Based [...]