Colorado Springs Home sales in November of 09 jumped 59.1% over last November! This is such good news, and the 4th month in a row of double digit increases. In fairness, last November was dismal, but even prices increased .3%, inventory of unsold homes is down, with the ‘months supply’ at 5.4, the 6th month in a row below the magic 6 month indicator of a ‘normal’ market. We in the real estate community are truly thankful for this turnaround. While all is not 100% well (the 90th percentile is still only $339,500), low interest rates and improving employment opportunities indicate a bright future for Colorado Springs. For more details, see the Colorado Springs Homes Sales Trend Data
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