Colorado Spring Real Estate Market
Report for Falcon
Single Family Homes
Includes Woodmen Hills, Meridian Ranch
The FALCON housing market continues to be a SELLERS Market, as there is currently a 13.5 month of supply of homes on the market. A 6 month supply of houses on the market is considered a "NEUTRAL MARKET". Sales units are down 16% from 2007, but pricing is only down 2.2% from 2007.
Recap of December Activity
- Homes Sold in the last month: 41
Recap of 2008, 2007, 2006, 2005, and 2004
|
|
2008
|
2007
|
2006
|
2005
|
2004
|
|
Number of Homes Sold
|
291
|
347
|
358
|
289
|
247
|
|
Average Sales Price
|
$217,859
|
$222,791
|
$225,533
|
$205,115
|
$195,606
|
|
Sales Price to List Price
|
97.4%
|
97.6%
|
98.8%
|
99%
|
99.3%
|
|
Average Days on Market
|
101
|
92
|
68
|
71
|
52
|
|
Average # of house sold per month
|
24.3
|
28.9
|
29.8
|
24.1
|
20.6
|
Current Report as of 1-15-09 in Falcon
- Active listings: 328
- Under Contract and Pending: 48
- Absorption Rate: 24.3 homes per month, a 13.5 month supply of houses currently on the market
FALCON homes are:
This Colorado Springs Real Estate report contains information on Single Family homes in Falcon.
This information is taken from the Pikes Peak Realtor Services Corp and is deemed reliable but not guaranteed.
A Colorado Springs Real Estate Agent You Can Trust
Selling HOMES in El Paso & Douglas County; including Colorado Springs, Monument, Fountain, Larkspur, Pueblo, Castle Rock, Manitou Springs, Woodland Park, Palmer Lake
www.Kathytorline.com and www.ColoradoSpringsVintageHomes.com
Colorado Springs Real Estate
Posted by KAT
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Just wanted to thank you AGAIN for putting these reports out. It really helps us stay current on market conditions in our neighborhoods and track how the local economy is doing.