Current market report for Falcon: Falcon North, Meridian Ranch subdivisions.
Here is a current market update of homes for sale Falcon Colorado (MLS area called Falcon North). With 237 active homes for sale there is a lot to choose from. There are 59 under contract homes/taking offers homes. Below are 2 tables.
The 1st one shows us the basic stats on the homes for sale.
|
|
Year Built |
Finished Sq Ft |
Total Sq Ft |
List Price |
Days on Market |
|
Chart 1 |
|||||
|
Minimum |
1922 |
720 |
720 |
$130,000 |
1 |
|
Maximum |
2010 |
4,431 |
5,507 |
$569,900 |
858 |
|
Average |
2004 |
2,616 |
3,205 |
$274,412 |
138 |
The 2nd one shows us the basics stats on the homes that are getting offers and are under contract
|
|
Year Built |
Finished Sq Ft |
Total Sq Ft |
List Price |
Days on Market |
|
Chart 2 |
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|
Minimum |
1973 |
1341 |
1430 |
$132,000 |
5 |
|
Maximum |
2010 |
3742 |
5888 |
$349,900 |
521 |
|
Average |
1993 |
2000 |
2228 |
$195,000 |
99 |
Now for the information that everyone wants to know, are homes selling in Falcon? Using the guidelines of homes that have sold in the last 6 months from today, these are the numbers I found. This means all homes sold since 2/28/2010.
|
|
Year Built |
Finished Sq Ft |
Total Sq Ft |
List Price |
Sold Price |
Days on Market |
|
Chart 3 |
||||||
|
Minimum |
1979 |
861 |
861 |
$94,500 |
$96,500 |
1 |
|
Maximum |
2010 |
4,910 |
5,888 |
$475,000 |
$449,000 |
604 |
|
Average |
2004 |
2,462 |
3,009 |
$242,056 |
$238,338 |
105 |
So what can we take away from these numbers?
•1. With 237 homes(chart 1) currently for sale and we have 5 months left in the year you have a legitimate chance of selling your home with the average days on market being 105 Days(chart 3)
•2. Better yet if your home is within a 10% degree of comparison of the average home sold, you won't give up a lot in sales price to reach a deal with the buyer(Chart 3; 238,338/242,056=1.54% change)
•3. Finally Falcon remains a great place buy a home. And sellers need not despair. With economy pushing people to look for value, Falcon offers buyers a lot of sq footage for the money(Chart 3)
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