Monument is located in the beautiful Tri-Lakes area, just North of Colorado Springs. March showed a bit of thawing to the Monument Real Estate market - thank goodness! This data was compiled from the Pikes Peak MLS and may not include all FSBO or new build transactions.
Here is a look at the Monument Real Estate Market, for March 2007:
- Newly Listed Homes on the Market: 71 (Up 18 homes from February)
- Average List Price: $435,390 (Down $12,712 from February)
- Pending Sales: 9 (Down 4 from February)
- Sold Homes: 10 (Up 4 from February)
- Average Sold Price: $368,780 (Up $21,513 from February - Yay!)
- List Price to Sale Price Ratio: 97.63% (Down from 99.15% in February)
- Average Days on Market (DOM): 77 (Down another 17 days from February!!)
Comments: Although we did see a raise in newly listed homes on the market, we also saw a jump in sales price and a nice drop in DOM - nestling Monument Real Estate in a solid Seller's Market, once again. We'll see what the rest of Springtime has to offer...
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Posted by: Derek Wagner - Monument Real Estate - Colorado Springs Real Estate
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