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Woodmoor Neighborhood in Monument Colorado, Market Update as of 5-31-10

By
Real Estate Agent with ERA Herman Group Real Estate

Homes in Woodmoor Area are in the Monument Area in Colorado Springs

Search for Homes in Monument

Single Family Homes in Woodmoor were primarily built from 1969 to 2008 with an average age built of 1986.  The majority of the houses are ranches with some 2 storys; with 3 - 4 baths, 3 - 5 bedrooms and 2-4 car garages; both attached and detached.  The average home has appx. 2500 to 3500 square footage.                              

The Woodmoor housing market continues to be a BUYERS Market, as there is currently a 9 month supply of homes on the market.   A 6 month supply of houses on the market is considered a "NEUTRAL MARKET".   Sales units were down 24% from 2009 to 2008, and pricing was down 1% from 2009 to 2008.   

The School District is 38, and the majority of students to go Palmer Ridge High School.  

Woodmoor area

Year

Price

Total Sold

Average Price per sq foot

Average Days on Market

Average Sold Per Month

2010

$379,143

24

$108

125

4.8

2009

$377,951

60

$101

188

5.0

2008

$381,732

79

$115

127

6.6

2007

$433,331

91

$118

110

7.6

2006

$402,520

130

$116

90

10,1

2005

$396,937

159

$109

88

13.3

2004

$368,827

163

$105

59

13.6

 

Colorado Springs Real Estate Agent, An Expert You Can Trust

Selling Real Estate in the Colorado Springs area, including Monument,  Fountain, Larkspur, Pueblo, Castle Rock, Manitou Springs, Woodland Park, Palmer Lake

  www.ColoradoSpringsVintageHomes.com, www.KathyTorline.com

Derenda Grubb
CENTURY 21 Mike D. Bono & Co.'s - Lake Charles, LA
GRI, ABR, CRS

Kathy,

Great view of the market in Woodmoor Neighborhood of Monument, Colorado for tha past 6 years.  I would certainly value this information if I were a potential Buyer or Seller in this area.  I do similar market overviews for various areas in my market place.  I feel it is very helpful. How can you not be up to date after completing all the research.

Jun 06, 2010 11:00 AM