Manitou Springs Real Estate Market Report - El Paso County, Colorado
Manitou Springs, Colorado - El Paso County
| Market Commentary Provided by Mike Ockert |
| Report Date | Fall 2009 |
CONNECT WITH A LOCAL PROFESSIONAL 
Mike Ockert
Keller Williams Clients Choice Realty Colorado Springs, Colorado 719-209-0190 MikeOckert@kw.com Agent Home Page  |
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| Nearest Metro Area | |||||
| Buyers’ or Sellers’ Market | More buyers than sellers | ||||
| Average Time on Market | 90-120 days | ||||
| Market Trend | Decreasing | ||||
| Housing Inventory | Good supply - Some Prices | ||||
| Average Home Price | $250,000 - View Graph Trend | ||||
| Best Selling Price Range | |||||
| Worst Selling Price Range | |||||
| Compared to Last Year | Down 5-10% | ||||
| Prices As % of Asking Price | 95-100% | ||||
| Multiple Offers? | Yes | ||||
| Greatest Activity | First Time Buyers | ||||
| Buyer Activity for the past 90 days in Manitou Springs is | |||||
| Seller Activity for the past 90 days in Manitou Springs is | |||||
| Is Financing Available For Qualified Buyers in Manitou Springs? | |||||
| Existing Home Prices for the past 90 days are | |||||
| What Percentage of the Current Housing Inventory are Foreclosures and/or Short Sales? | |||||
| Housing Hot Spots | Great hot spots to look out for are: Homes in Crystal Park of Manitou Springs and Old Colorado City. Manitou Springs is a great place to take the family for food, fun and lots of shopping. Nestled right next to the base of Pikes Peak and the Cog Rail way (takes you up to Pikes Peak by train) you really get the feel of mountain living, without the big city. | ||||
| Reason to Buy/Sell | Other | ||||
| Average Sold Price | $250,000 - View Graph Trend | ||||
| National Real Estate Market | |||||
| National Summary: National Housing Market Recovery Near? Latest HouseHunt Random Survey Finds Encouraging Signs - First Time Buyers Taking Advantage of $8,000 Tax Credit Like the legendary phoenix which rose renewed from its ashes, the U.S. housing market appears to be on the verge of emerging from the worst real estate market in three years. Several encouraging signs are there. Click here for full article... |
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(NOTE: Because current market conditions can change rapidly in any given marketplace, please check with the exclusive HouseHunt, Inc., real estate agent for this territory before acting on this information.)
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