Colorado Springs home sales continue to show rapid signs of improvement, with October 2009 statistics reporting a double-digit uptick in sales for the third month in a row. While the prices continue to lag at 7.24% less than a year ago, the average sale price is still a respectable $213,352. Overall, final sale prices came in at 97.7% of the asking price, which is the best ratio so far this year.

Experts expect to see Colorado Springs housing prices increase as demand grows in 2010, thanks to the extension of the Federal New Home Buyers tax credit through April 2010, and other new incentives for prior homeowners. Another factor affecting Colorado Springs home values is the influx of new troops at Fort Carson.

Colorado Springs has a unique advantage for home buyers and sellers, even in the midst of a recession. Military relocation, a booming high-tech sector, great weather, and a high quality of life all play into the success of the Colorado Springs housing market. In fact, Colorado Springs has been rated as one of the best places to live in America by numerous magazines and web sites, including CNN Money, Men’s Fitness, Outside and Forbes.

If you are considering relocation to Colorado Springs, there has never been a better time to buy. Interest rates remain low and even some of the best areas have a great selection of beautiful homes at reasonable prices.

Search the MLS in Colorado Springs and consult with an experienced Colorado Springs real estate specialist at Action Team Realty.

To search the MLS by ZIP Code, enter one of these ZIP Codes for Colorado Springs: 80920, 80921, 80922, 80923, 80924, 80915, 80917, 80918, 80919, 80910, 80906, 80907, 80908, 80909, 80831, 80132