Cheyenne Meadows, Fort Carson, Housing Market Report as of July 31, 2010

By
Real Estate Agent with ERA Herman Group Real Estate

Homes in Cheyenne Meadows are in the Southwest Area in Colorado Springs

Search for Homes in Cheyenne Meadows

Related Article:  Colorado Springs Real Estate Report for SOUTHWEST Area as of June 30, 2010

The Cheyenne Meadows housing market continues to be a BUYER's/NEUTRAL Market, as there is currently a 9 month of supply of homes on the market.   A 6 month supply of houses on the market is considered a "NEUTRAL MARKET".   Sales units were down 23% from 2009 to 2008, and pricing was down 6% from 2009 to 2008.    Sales units are continuing to see a decrease in 2010.

Single Family Homes in Cheyenne Meadows were primarily built from 1981 to 1996 with an average age built of 1986.  The majority of the houses are ranches with 2-3 baths, with 2-3 car garages. The average home has appx. 1500 to 2000 square footage. 

The area is South of Cheyenne Meadows, East of Highway 115, North of South Academy, West of B Street.                           

The school District is District 2 and the majority of students go to Otero Grade School, Fox Meadow Junior High and Harrison High School.  

Cheyenne Meadows

Year

Price

Total Sold

Average Price per sq foot

Average Days on Market

Average Sold Per Month

2010 year to date

$207,875

16

96

81

2.3

2009

$207,557

30

$94

122

2.5

2008

$219,535

37

$108

96

3.1

2007

$215,508

49

$116

83

4.1

2006

$215,094

70

$113

50

5.9

2005

$202,562

77

$97

54

6.5

2004

$194,501

75

$104

47

6.3

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

This information is taken from the Pikes Peak Realtor Services Corp and is deemed reliable but not guaranteed.

 

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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

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