Fort Carson Real Estate - market information for 2008

By
Real Estate Agent with ERA Herman Group 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 7.8 month of supply of homes on the market.   A 6 month supply of houses on the market is considered a "NEUTRAL MARKET".   Sales units are down 17% from 2007, but pricing is only down 5% from 2007.

Recap of December Activity

  • Homes Sold in the last month:    79

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

 

2008

2007

2006

2005

2004

Number of Homes Sold

933

1120

 1293

1447

1349

Average List Price

 $173,096

 $182,374

 $182,148

 $170,601

 $157,908

Average Sold Price

 $169,950

 $179,900

 $177,000

 $168,000

 $156,400

Sales Price to List Price

98.4%

98.7%

99.2%

99.5%

99.3%

Average Days on Market

 88

 81

 62

 58

 52

Average # of house sold per month

 77.8

93.3

107.8

120.6 

112.4

Current Report as of 1-15-09 in Fountain Valley

  • Active listings:   606
  • Under Contract and Pending:   111

Absorption Rate:   77.8  homes per month, a  7.8  monthly supply of houses currently on the market

The Fountain Valley is in the District 3 School District and:

Related posts in AR:

 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.

  

A Colorado Springs Real Estate Agent You Can Trust

Selling HOMES in El Paso & Douglas County; including Colorado Springs, Monument,  Fountain, Larkspur, Pueblo, Castle Rock, Manitou Springs, Woodland Park, Palmer Lake

www.Kathytorline.com and www.ColoradoSpringsVintageHomes.com

Colorado Springs Real Estate

Posted by KAT

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Kathy Torline

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