Wagner iTeam's Monument Real Estate Connection

About Monument Colorado - Neighborhood, School and Area Information

Sun, 11 Oct 2009 15:06:37 -0700

Monument is the name given to the area just north of Colorado Springs. It is also referred to as the Tri-Lakes area and contains the Monument neighborhoods of Jackson Creek, Woodmoor, King's Deer, Fox Run and Arrowwood. This areas is also home to the towns of Historic Monument and Palmer Lake.

There are 3 main lakes that can be found in this area, with the 2 most popular ones being:

Palmer Lake - Located in the northern part of the Town of Palmer Lake off Hwy. 105

Monument Lake - Located to the west of Historic Town of Monument, accessible off Mitchell Avenue

The Zip Codes for the Tri-Lakes area are:

Monument - 80132
Palmer Lake - 80133

Monument Schools - Lewis Palmer School District 38

Lewis-Palmer Elementary

Grace Best Elementary

Palmer Lake Elementary

Monument Academy

Ray E. Kilmer Elementary

Prairie Winds Elementary

Lewis Palmer Monument School Boundary Map

** Search All Homes for Sale in Monument **

Monument Tri-Lakes Area Links and General Information:

Tri-Lakes Chamber of Commerce

General Monument Area Demographics

Woodmoor - Monument CO Information

Kings Deer - Monument CO Information

Town of Monument Information

Palmer Lake Information

Town of Palmer Lake

Palmer Lake Historical Society

Monument Real Estate Quick Searches by Area and Price Range

Posted By: Derek Wagner - Monument Real Estate Agent - Wagner iTeam
The Wagner iTeam is a power team of Keller Williams Hope Realty,
specializing in Colorado Springs Real Estate and Monument Real Estate

719.434.7525

Monument Neighborhood Report: Woodmoor

Mon, 10 Dec 2007 11:37:35 -0800

Woodmoor is a Monument neighborhood, in the northern part of Monument, and the furthest northern area of El Paso County. (See Woodmoor Statistics.)

Woodmoor, Monument Boundaries:

West: I-25
East: Furrow Road (with a small section of Woodmoor to the SE of Furrow and Kings Deer)
North: County Line Road
South: Higby Road

Woodmoor consists of several smaller neighborhoods: Woodmoor, Woodmoor Country Club, Woodmoor Forest, Woodmoor Greens, Woodmoor Highlands, Woodmoor Lode, Woodmoor Vista, Woodmoor Mountain and Woodmoor Nugget. Some Woodmoor homes are located in the rolling foothills, while many homes in Woodmoor are nestled in the trees.

Woodmoor is home to ...

the Woodmoor Golf and Country Club
Lake Woodmoor
Lewis Palmer High School and Middle School
Tri-Lakes Montessori School

Woodmoor is also ...

Just minutes north of the US Air Force Academy and N. Academy Blvd.
About 45 minutes south of Denver Tech Center
Just across the highway from historic Monument Town
Home to both established and new homes and neighborhoods

Here's a look at the recent sales data for the Woodmoor, Monument real estate market:

Single Family Homes for sale in Woodmoor, Monument:

Current Homes for Sale in Woodmoor, Monument: (June - December 2007)

There are currently 67 single family homes for sale in Woodmoor.
o   Price Range: $200,000 - $779,000
o   Square Feet: 1,286 - 6,663 sf
o   The average home has 5 bedrooms, 4 bathrooms and a 3 car garage and was built in the late 1980's, early 1990's.
There are currently 4 homes under contract.
55 Homes in Woodmoor SOLD since June 2007.
o   Average Sale Price: $417,135 ($255,000-$640,000)
o   Average List Price/Sale Price Ratio: 96%
o   Average Days on Market: 88 (5-396 days)

Town Homes and Condos for sale in Woodmoor, Monument:

5 Town homes/condos are currently for sale priced between $125,000 and $205,000
1 Town home/condo is under contract
16 Town homes/condos SOLD since 6/2007

Compared to the Colorado Springs real estate market, homes for sale in Woodmoor, Monument sell for more money and stay on the market for less time, on average. The Woodmoor housing market is very steady. Also, if you are looking for a home for sale on a treed lot, search homes for sale in Woodmoor.

Posted by: Derek Wagner - Wagner iTeam - Colorado Springs Real Estate Agent
The Wagner iTeam is a power-team of Keller Williams HOPE Realty, specializing in Colorado Springs Real Estate and Monument Real Estate.

Monument Real Estate Market Report - September 2007

Mon, 01 Oct 2007 23:28:53 -0700

Monument - the area just North of Colorado Springs and south of Douglas County and includes the areas of Monument, Palmer Lake and Woodmoor. Monument real estate is also a great alternative for folks looking to commute to Castle Rock or Denver Tech Center, in South Denver.

Here is a look at the Monument residential housing market for September 2007:

Newly listed homes on the market: 37
Average List Price: $492,655
Pending Sales: 11
Sold Homes: 9
Average Sold Price: $429,463
List Price to Sale Price Ratio: 98.95%
Average Days on Market (DOM): 84 Days

Comment: Average days on market has dropped from 112 days to 84 days - MUCH close to the surrounding area average. However, the number of sold homes dropped by over half and the new homes on the market dropped by about a third. So, even though less homes are selling, the ones that are, are selling quicker.

Monument Real Estate: Market Report- August 2007

Sat, 08 Sep 2007 11:55:45 -0700

Monument, Colorado - the area just North of Colorado Springs and part of the Tri-Lakes area is one of our favorite parts of El Paso County and includes the areas of Monument, Palmer Lake and Woodmoor. Monument real estate is also a great alternative for folks looking to commute to Denver Tech Center, in South Denver.

Here is a look at the Monument residential housing market for August 2007:

Newly listed homes on the market: 57
Average List Price: $604,077
Pending Sales: 13
Sold Homes: 22
Average Sold Price: $402,935
List Price to Sale Price Ratio: 97.32%
Average Days on Market (DOM): 122 Days

Comment: Monument homes are staying on the market on average of a month longer than the Colorado Springs average. This may be in part to the mortgage industry reorganization and the difficulty in obtaining Jumbo Loans for homes over $420k - which is a major price point in this area.

Search All Homes For Sale in Monument

Posted By: Derek Wagner - Monument Real Estate

Monument Real Estate Market Report - June 2007

Sat, 07 Jul 2007 23:11:33 -0700

Monument - the area just North of Colorado Springs and part of the Tri-Lakes area is one of our favorite parts of El Paso County. Some of the most gorgeous real estate can be found in Monument. Monument real estate is also a great alternative for folks looking to commute to Denver Tech Center, in South Denver.

Here is a look at the Monument residential housing market for June 2007:

Newly listed homes on the market: 72
Average List Price: $456,699
Pending Sales: 24
Sold Homes: 13
Average Sold Price: $652,076
List Price to Sale Price Ratio: 99.24%
Average Days on Market (DOM): 116 Days

Comment: In June, the Tri-Lakes area had the highest average SOLD price for all of El Paso County.

Check out recent Monument market reports:
Monument Real Estate Market Report - May 2007
Monument Real Estate Market Report - April 2007
Monument Real Estate Market Report - March 2007
Monument Real Estate Market Report - February 2007
Monument Real Estate Market Report - January 2007

Data collected from the Pikes Peak MLS and is believed to be accurate, but may not include FSBO data or all new build sales.

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Posted By: OnlineHomeConnection.com - Monument Real Estate

Monument Real Estate Market Report - May 2007

Fri, 01 Jun 2007 10:45:08 -0700

Not much has happened in the Monument Real Estate market from April to May 2007.

Here is a look at the Monument Real Estate Market, for May 2007:

Newly Listed Homes on the Market: 150 (Up from 123 homes from April)
Average List Price: $512,686 (Up from $496,406 in April)
Pending Sales: 51 (Down from 54 in April)
Sold Homes: 49 (Up from 42 in April)
Average Sold Price: $429,213 (Down from $446,206 in April)
List Price to Sale Price Ratio: 97.67% (Down from 97.94% in April)
Average Days on Market (DOM): 80 (Down from 104 DOM in April)

Comments: There hasn't been a lot of change in the Monument Real Estate market over the last month. We will have to see how summer treats us!

Find the Value of YOUR Monument Home

Posted by: Derek Wagner - Monument Real Estate - Colorado Springs Real Estate

Monument Real Estate Market Report - April 2007

Fri, 01 Jun 2007 10:43:40 -0700

Monument is just North of Colorado Springs in the Tri-Lakes area. A lot has happened in the Monument Real Estate market with the warmer weather, as you can see below.

Here is a look at the Monument Real Estate Market, for April 2007:

Newly Listed Homes on the Market: 123 (Up 52 homes from March figures)
Average List Price: $496,406 (Up from $435,390 in March)
Pending Sales: 54 (Up from 9 in March!)
Sold Homes: 42 (Up from 10 in March!)
Average Sold Price: $446,206 (Up from $368,780 in March!)
List Price to Sale Price Ratio: 97.94% (Down from 97.63% in March)
Average Days on Market (DOM): 104 (Up from 77 DOM in March)

Comments: We saw the new homes on the market almost double, but the pending homes and sold homes almost quadrupled! Spring has really helped make the Monument Real Estate market come back to life.

Find the Value of YOUR Monument Home

Posted by: Derek Wagner - Monument Real Estate - Colorado Springs Real Estate

Monument Real Estate Market Report - March 2007

Tue, 01 May 2007 10:56:53 -0700

Monument is located in the beautiful Tri-Lakes area, just North of Colorado Springs. March showed a bit of thawing to the Monument Real Estate market - thank goodness! This data was compiled from the Pikes Peak MLS and may not include all FSBO or new build transactions.

Here is a look at the Monument Real Estate Market, for March 2007:

Newly Listed Homes on the Market: 71 (Up 18 homes from February)
Average List Price: $435,390 (Down $12,712 from February)
Pending Sales: 9 (Down 4 from February)
Sold Homes: 10 (Up 4 from February)
Average Sold Price: $368,780 (Up $21,513 from February - Yay!)
List Price to Sale Price Ratio: 97.63% (Down from 99.15% in February)
Average Days on Market (DOM): 77 (Down another 17 days from February!!)

Comments: Although we did see a raise in newly listed homes on the market, we also saw a jump in sales price and a nice drop in DOM - nestling Monument Real Estate in a solid Seller's Market, once again. We'll see what the rest of Springtime has to offer...

Find the Value of YOUR Monument Home

Posted by: Derek Wagner - Monument Real Estate - Colorado Springs Real Estate

Monument Real Estate Market Report - February 2007

Tue, 01 May 2007 10:56:14 -0700

Monument (just North of Colorado Springs) DID see some market changes, both up and down, since January. This data was compiled from the Pikes Peak MLS and may not include all FSBO or new build transactions. Here is a look at the Monument Real Estate Market, for February 2007:

New Home on the Market: 53 (up 9 from January)
Average List Price: $422,678 (Down $45,881 from January)
Pending Sales: 13 (Up 1 from January)
Sold Homes: 6 (Down 10 from January - Ouch!)
Average Sold Price: $347,267 (Down $22,433 from January)
List Price to Sale Price Ratio: 99.15% (up from 97.12% in January - Yay!)
Average Days on Market (DOM): 94 (Down 17 days from January - Whew!)

Comments: I think that the snow still made an impact on the Monument Real Estate home sales market this February. But the DOM is more than a half month better - which is great!

Find the Value of YOUR Monument Home

Posted by: Derek Wagner - Monument Real Estate - Colorado Springs Real Estate

Monument Real Estate Market Report - January 2007

Tue, 01 May 2007 10:54:57 -0700

Monument is the city/town just North of Colorado Springs, in the Tri-Lakes area. Many times, the Monument housing market is lumped together with the rest of Colorado Springs, as it is also a part of El Paso County. However, Monument is not really a part of the Colorado Springs Real Estate market, as it technically a different city.

So, here is a look at the Monument Real Estate Market, for January 2007:

New Home on the Market: 44
Average List Price: $468,559
Pending Sales: 14
Sold Homes: 10
Average Sold Price: $369,700
List Price to Sale Price Ratio: 97.12%
Average Days on Market (DOM): 111

Comments: Monument really took a beating with all the snow that Southern Colorado got in December and January. Monument got more snow than many other places in El Paso County. This really impacted the Monument Real Estate market, but as the snow melts, the market will thaw. DOM was still under the 6 month mark, so it is still NOT a real Buyer's Market.

Find the Value of YOUR Monument Home

Posted by: Derek Wagner - Monument Real Estate - Colorado Springs Real Estate