What happened in December, here in the Colorado Springs Real Estate Market?
I would have thought that the snow would have made more of an impact on the market than it did, seeing as we were “snowed in” for several days at a time… (title companies were closed, no one was driving around to show or list homes…) But, it seems as though the market is stronger than the weather.
I pulled the MLS data for Colorado Springs and surrounding areas (Manitou Springs, Fountain, Monument/ TriLakes area and Falcon) for the month of December 2006, and this is what I found.
*Please note that this does not include many new home sales nor FSBO’s (which are not prominant enough to really skew the numbers, anyway).
How does this compare with December of 2005? From December 2005 to December 2006…
Woah! So, we had MORE LISTINGS and LESS SALES with WAY MORE TIME ON THE MARKET.
However, despite all this “shifting” our average sales price (from 2005 Annual to 2006 Annual) DID go UP … 5.9% ! Posted By: Springs Realty Scoop – Colorado Springs Real Estate