June ’09 Colorado Springs Home Sales Looking Better

While the data is still preliminary, it looks like in June of 2009 we actually posted a year to year gain in home sales since last June of ’08! Sales were up .7%, and while prices are still soft (down 12.2% for the average), the ratio of selling price to the list price has firmed up to 97.52%, indicating sellers are being pretty realistic in their pricing and not coming down as much in the negotiation. This may also be partially attributed to a smaller percentage of ‘distressed’ properties, these made up only 21.2% of June sales after peaking at 36.8% of January ’09 sales.
Into the numbers? The following link provides more details and some graphs:
Colorado Springs Home Sales Data
It is another beautiful day in paradise here, with blue skies, cool morning temps (it was still in the 50’s at 7), and a forecast high of 90, the hottest we’ve seen yet this year!
Got questions about living in Colorado Springs? Call me at 719-590-4768 or 888-568-6784! Visit me on Facebook to see even more photos!