Colorado Springs Real Estate MARKET
Report for Pinecreek - Close to the Air Force Academy
Single Family Homes
Single Family Homes in Pinecreek were primarily built in the 1980's and 1990's. The majority of the houses are ranches and 2-storys, with 4 to 5 bedrooms, 3- 4 baths, and 2-3 car garages. The average home has appx. 3000 to 4000 square footage. The absorption rate of 5.3 houses per month shows that there is a 9 month supply of houses on the market; the housing market is currently a BUYERS MARKET in this area.
Recap of December Activity
- Homes Sold in the last month: 3
Recap of 2008, 2007, 2006, 2005, and 2004
|
|
2008
|
2007
|
2006
|
2005
|
2004
|
|
Number of Homes Sold
|
64
|
94
|
146
|
140
|
125
|
|
Average List Price
|
$485,171
|
$ 512,290
|
$520,893
|
$440,470
|
$405,157
|
|
Average Sold Price
|
$466,514
|
$498,195
|
$520,149
|
$439,535
|
$403,935
|
|
Average Days on Market
|
180
|
122
|
126
|
85
|
62
|
|
Total Square Feet
|
3996
|
3959
|
3987
|
3858
|
3919
|
|
Average # of house sold per month
|
5.3
|
7.8
|
12.2
|
11.7
|
10.4
|
Current Report as of 1-20-09 in Pinecreek
- Active listings: 49
- Under Contract and Pending: 5
- Absorption Rate: 5.3 per month
Pinecreek is in the District 20 School District
Pinecreek homes are:
This Colorado Springs Real Estate report contains information on Single Family homes in PineCreek.
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