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
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