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Pikes Peak Association of Realtors: We’ve got charts

Wed, Jan 5, 2011

News

The Pikes Peak Association of Realtors produced its annual sales summary this week, and the pictures say it best.

A wealth of colorful charts can be found here. The trends are sometimes pretty, sometimes ugly, and always confounding.

The highlights:

>> The average number of days on market steadily and substantially increased since July, when it bottomed-out at 75 days, through December, where it ended the year at a high of 99.

>> Home sales for 2010 totaled 8,185, down from 8,745 in 2009.

>> There is some indication that supply might be finally moving in the right direction. The number of homes for sale decreased for the fifth straight month, and sits just above the January 2010 low of 3,952, at 4,325 in December.

>> The average price for all homes sold in 2010 increased to $229,152, up from $216,143 last year.

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