Colorado Springs Real Estate

Market Report for Cheyenne Meadows in the Southwest area

Single Family Homes

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Single Family Homes in Cheyenne Meadows were primarily built in the 1980's to 1990's.   The majority of the houses are ranches, bi-levels, tri-levels  with  3 to 4 bedrooms, 2- 3 baths, and  2 car garages.   The average home has appx. 1500 to 2500 square footage.  The absorption rate of  3.33  houses per month shows that there is a  5.4  month supply of houses on the market; the housing market is currently a NEUTRAL MARKET in this area.

Cheyenne Meadows homes are located in the Southwest area of Colorado Springs and in District 2 schools

Cheyenne Meadows homes are:

Recap of September Activity

  • Homes Sold in the last month:   3
    • 3952 Red Cedar Drive (1691 sq. ft) $180,000
    • 1595 Gumwood Drive (2518 sq. ft) $190,000
    • 1504 Canoe Creek Drive (2611 sq. ft) $204,000

Recap of 1-1-08 to 9-30-08 Activity in Cheyenne Meadows

  • Homes Sold in the last nine months:   30  (45 in 2007)
  • Average Listing Price:  $210,851  ($210,778 in 2007)
  • Average days on market:   100   (90 in 2007)

Current Report as of 10-7-08 in Cheyenne Meadows

  • Active listings:   18
  • Under Contract and Pending:    2
  • Absorption Rate:  3.33 per month
  • Cancelled/Withdrawn  4

Related Posts

This Colorado Springs Real Estate report contains information on Single Family homes in Cheyenne Meadows.

This information is taken from the Pikes Peak Realtor Services Corp and is deemed reliable but not guaranteed.

 

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Colorado Springs Real Estate

Posted by KAT

 
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Colorado Springs Real Estate Blog - Kathy Torline-Nordstrom, ABR, SRES,SFR

Colorado Springs, CO

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The Herman Group (Formerly Prudential Professional REALTORS)

Address: 4065 N. Sinton, Suite 200, Colorado Springs, CO, 80907

Office Phone: (719) 575-1183

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