Friday, May 23, 2008

Colorado Springs home prices down in the first quarter

Colorado Springs' median home prices dropped 1.6 percent to $208,900 in the first quarter of 2008 when compared with the same period a year ago, according to recent figures released by the National Association of Realtors. The Springs fared better than some other cities in the state, according to the NAR; Denver's first-quarter median home prices fell 6.6 percent to $223,500 and Boulder's prices declined 4 percent to $355,700. To see the entire list, go to www.realtor.org/research/research/ehspage, click on "metropolitan area prices" and follow the appropriate links.

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