Updated as of 3/1/2010
February of 2010 Colorado Springs Home sales were up 13.5% over February of 2009, according to preliminary sales data. This is the 7th month in a row of double digit increases over the prior year. The average price also increased a meager .4%, and the median (1/2 above, 1/2 below) increased by 2.7%. The 90th percentile was only $345,000, indicated continued softness at the high end. The inventory of unsold homes stood at 4,361, a decrease of 12.7%. These figures seem to indicate that the further from the market bottom (which I track as January of 2009) we get, the smaller the year to year improvements will be, although the First Time Home Buyer Tax Credit deadline may still have a short term affect on the March through June figures. For more details, see the Colorado Springs Homes Sales Trend Data
Unit Sales Trend by Month
