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2010 First Quarter Sales Activity

by The Colorado Springs Group™

Broken down by area to give a better prospective on the results from the first quarter. Single Family & Patio Homes

Black Forest: 34 Sales for a total dollar volume of $11,151,513

Briargate: 92 Sales for a total dollar volume of $25,761,492

Central: 136 Sales for a total dollar volume of $19,499,999

East: 131 Sales for a total dollar volume of $24,032,942

Fountain Valley: 235 Sales for a total dollar volume of $38,106,648

Falcon - Peyton: 111 Sales for a total dollar volume of $25,372,432

Marksheffel: 30 Sales for a total dollar volume of $6,518,184

Northeast: 116 Sales for a total dollar volume of $26,176,016

Northwest: 53 Sales for a total dollar volume of $16,202,490

Northgate: 45 Sales for a total dollar volume of $15,602,636

Old Colorado City: 21 Sales for a total dollar volume of $2,754,050

Powers: 204 Sales for a total dollar volume of $39,260,613

Southeast: 140 Sales for a total dollar volume of $18,897,087

Southwest: 92 Sales for a total dollar volume of $25,982,750

Tri-Lakes: 81 Sales for a total dollar volume of $31,398,718

West: 29 Sales for a total dollar volume of $7,587,473

"Based on information from the Pikes Peak REALTOR Services Corp. ("RSC"), for the period 1/1/2010 through 3/31/2010.  RSC does not guarantee or is in any way responsible for its accuracy.  Data maintained by RSC may not reflect all real estate activity in the market."

 

2010 March Sales Activity

by The Colorado Springs Group™

Broken down by area to give a better prospective on the results from March. Single Family & Patio Homes

Black Forest: 17 Sales for a total dollar volume of $5,805,375

Briargate: 41 Sales for a total dollar volume of $11,679,596

Central: 51 Sales for a total dollar volume of $7,151,175

East: 65 Sales for a total dollar volume of $12,721,441

Fountain Valley: 101 Sales for a total dollar volume of $16,231,325

Falcon - Peyton: 42 Sales for a total dollar volume of $9,967,933

Marksheffel: 13 Sales for a total dollar volume of $3,003,531

Northeast: 42 Sales for a total dollar volume of $9,089,292

Northwest: 27 Sales for a total dollar volume of $8,678,000

Northgate: 15 Sales for a total dollar volume of $5,057,556

Old Colorado City: 5 Sales for a total dollar volume of $668,000

Powers: 83 Sales for a total dollar volume of $16,472,503

Southeast: 51 Sales for a total dollar volume of $6,812,175

Southwest: 36 Sales for a total dollar volume of $8,935,850

Tri-Lakes: 29 Sales for a total dollar volume of $12,175,013

West: 15 Sales for a total dollar volume of $4,786,343

"Based on information from the Pikes Peak REALTOR Services Corp. ("RSC"), for the period 3/1/2010 through 3/31/2010.  RSC does not guarantee or is in any way responsible for its accuracy.  Data maintained by RSC may not reflect all real estate activity in the market."

Market Fluctuations in Colorado Springs

by The Colorado Springs Group™

The real estate market fluctuates, and it's a normal thing. If you look at year over year data which is available on our website, it's clear as to what happens over the course of a year.

In Colorado Springs, one of the biggest factors in fluctuations can be the military. If we have thousands PCSing in a short timeframe, it's going to have an effect on the market. The most unique thing in our area is that we have a very strong rental market. It's not uncommon for a member of the military to buy a house here and choose to rent it out rather than sell if they have to PCS elsewhere.

For the most part, fluctuations are like the seasons. There's a quick spike in activity once school is out, and a quick drop once it's back in session. You'll also notice a slight bump up in activity when tax refunds are getting to people.

It is a fact that showing activity drops a great deal once we hit Thanksgiving, which in turn results in fewer closings and lower prices in January/February.

Displaying blog entries 1-3 of 3

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The Colorado Springs Group™
6665 Wild Indigo Drive
Colorado Springs CO 80923
(719) 799-3686

Kevin & Jessica
The Colorado Springs Group
6665 Wild Indigo Drive
Colorado Springs, CO 80923
(719) 799-3686