The is heading into spring with quite a bit of inventory on the market and we are seeing half as many homes selling (49%) as going on the market for the month of February 2008.
Average List Price: $ 304,099Lowest Average List Price: Southeast Colorado Springs (S/E): $140,785Highest Average List Price: Tri-Lakes/Monument (TRI): $574,734
Lowest Average Sold Price: (S/E): $121,846Highest Average Sold Price: (NGT): $409,575
Average List Price:Sale Price Ratio: 95.91%Median List Price:Sale Price Ratio: 96.55%
Lowest LP:SP Ratio: Tri-Lakes/Monument (TRI): 90.94%Highest LP:SP Ratio: Northgate Colorado Springs (NGT): 99.3%
Average Days on Market: 106 Days (47-184 days)
Comments: The most active area was real estate in Fountain Valley (F/V) where 87 new listings went on the market and 70 homes went under contract or sold in February 2008. Fountain Valley is just south of Colorado Springs and immediately east of Fort Carson Army Base. The average home in Fountain sells in about 90 days for about $168,836.
[KEY: BLA = Black Forest (Very Northeast of Colorado Springs). BRI = Briargate (Northern part of Colorado Springs). WES = Westside (West of I-25 and North of Fillmore). OCC = Old Colorado City (Western part of Colorado Springs off Hwy 24). FAL = Falcon (Woodmen Hills and Meridian Ranch just east of Colorado Springs. MAN = Manitou Springs - (just East of Colorado Springs). N/E = Northeast Colorado Springs. NGT = Northgate (Northernmost part of Colorado Springs near the North Gate of the Air Force Academy). S/E = Southeast Colorado Springs. S/W = Southwest Colorado Springs]
Posted By: Mariana Wagner - - Wagner iTeam The is a power team of Keller Williams Clients' Choice Realty specializing in and.
To begin your search for the perfect home or sell your home in the Colorado Springs area call Derek and Mariana Wagner at (719) 434-7525.
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Related article:
http://www.coloradospringsrealestateconnection.com/2007/11/01/colorado-springs-real-estate-market-report-february-2008
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