As of today, May 6 2009, the Colorado Springs home sales statistics are not yet final for April, but preliminary results show sales only 8.3% behind last April, the smallest year to year decline we seen in some time. Prices were still soft at a mean of $210,141, down 12.3% on average, driven by a stubborn presence of foreclosure and short sale properties. These ‘distressed’ properties still comprised at least 26.3% of sales for April, and while that is the lowest percentage since last September, the average price for these transactions is very low. There is a permanent link on this blog on right side called Colorado Springs Home Sales Data Trends that you can click on for more details.
This is article #301 on this blog. When I started writing it, I wasn’t sure how often I could write. Given that there is always SOMETHING going on in Colorado Springs, I guess I should not have been worried! Today we will see temperatures approaching 80 degrees, and the leaves are out on almost every tree, so Spring has finally sprung. Today’s photo was actually taken last May in Monument Valley Park.
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© 2009, Rick Van Wieren Real Estate, Inc. All Rights Reserved. On republishing this post you must provide link to original post.