Fountain and Fort Carson Area Housing Market Data for 2008

Here is the 2008 housing market data for Fountain and Fort Carson areas of Colorado.

The Fountain and Fort Carson real estate market encompasses the areas South of Colorado Springs, to include Security and Widefield homes. In 2008 there was an annual average of 564 available homes for sale, 154 NEW listings and 77 SOLD homes each month in Fountain Valley and Fort Carson areas.

Sales Price Data:

The Fountain Valley and Fort Carson Area Real Estate market saw a 2008 annual average sales price of about $172,716 and an annual average median sale price of $1167,992.

Here we see how this was broken down by month:

Fountain Valley homes were getting the highest prices in January of 2008, at an average sale price of $196,641. The lowest sale prices was in September of 2008, at an average of $147,235.

The following graph shows the difference between what a Fountain CO home was listed for (list price/asking price) compared to what it actually sold for in 2008:

The 2008 Fountain and Fort Carson area real estate market saw an annual average list price/sale price ratio of 98.3%. Whoo Hoo!

Average Days on Market:

The annual 2008 average days on market for the Fountain and Fort Carson Area real estate market averaged at about 87 days. This means that the average home for sale in Fountain Valley sat on the market for almost 3 months before accepting an offer.

Broken down by month, we see the following:

The highest days on market were in March (101 days) and the lowest days on market were in November (58 days).

Homes for Sale:

We can see that an average of 11% of the available Fountain CO homes SOLD each month, as well. The most sales were in March - at 103 sales (18% of the inventory). March is always a busy month for areas near Fort Carson, as that is usually the time where we see most soldiers moving in and out of the area.  The slowest months in 2008 for sales were November (58 sales, 10% of the inventory).

Read the Full Reports:

"Based on information from the Pikes Peak REALTOR Services Corp. ("RSC"), for the period Jan.1 - Dec.31, 2008. RSC does not guarantee or is in any way responsible for its accuracy.  Data maintained by RSC may not reflect all real estate activity in the market."

Posted By: Mariana Wagner - Colorado Springs Real Estate Agent - Wagner iTeam
The Wagner iTeam is a power team of Keller Williams Hope Realty,
specializing in Colorado Springs Real Estate and Monument Real Estate
719.434.7525