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Colorado Springs Homes -- July 2009 market report for homes in Fort Carson and Fountain Valley

By
Real Estate Agent with ERA Herman Group Real Estate

Colorado Spring Real Estate 

Market Report for Fountain Valley and Fort Carson - Single Family Homes

 The Fountain Valley housing market continues to be a BUYERS Market, as there is currently a 4.5. month of supply of homes on the market.   A 6 month supply of houses on the market is typically considered a "NEUTRAL MARKET".   Sales units were down 17% from 2008 to 2007, but pricing was only down 5% from 2008 to 2007.   712 Single family homes have been sold in 2009 vs. 662 for the same period in 2008; an increase of  7%.

Recap of 2009, 2008, 2007, 2006, 2005, and 2004

 

 

1-1-2009 to 7/31/09

2008

2007

2006

2005

2004

Number of Homes Sold

712

933

1120

 1293

1447

1349

Average List Price

 TBD

$173,096

$182,374

$182,148

$170,601

$157,908

Sales Price to List Price

 TBD

98.4%

98.7%

99.2%

99.5%

99.3%

Average Days on Market

 TBD

 88

 81

 62

 58

 52

Average # of house sold per month

101.7

 77.8

 

93.3

 

107.8

120.6

 

112.4

Current Report as of   in Fountain Valley

  • Active listings:   457
  • Under Contract and Pending:  257
  • Absorption Rate: 101.7 homes per month, a 4.49 monthly supply of houses currently on the market

The Fountain Valley is in the District 3 School District

Fountain Valley:

This Colorado Springs Real Estate report contains information on Single Family homes in Fountain Valley.

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

 

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