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Colorado Springs Real Estate Market Report-Fountain Valley, July 2008

By
Real Estate Agent with SpringsHomes

The July 2008 numbers are in for Fountain Valley, Colorado. This area more than any other is holding strong.

There is a 7 month inventory of homes, which according to conventional real estate wisdom is tending towards a true buyers market.

The average number of day on market for homes in this area is 88 days or just under 3 months.

There are currently 671 single family homes available in this area.

Fountain Valley is effected more then any other part of town by troop movements in and out of Fort Carson, we'll watch this area and the activity into Fort Carson over the next six months.

Fountain Valley is a great area for investors as many relocating troops do not want to purchase.

Here are the numbers for July 2008 in Fountain:

 

Fountain Valley Numbers July 2008
Number Sold 94
Median Sales Price $169,900
Average Sales Price $171,463
Median List Price $169,900
Listing Discount 1.7%
Months Inventory 7 Months

Courtesy JoeBoylan: http://www.springshomes.com