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
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