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:
- Great views of Pikes Peak
- Minutes from Fountain Valley School
- 20 Minutes from the Colorado Springs Airport
- Close to Fort Carson
- Close to Pikes Peak Community College
- 15 - 20 Minutes from Citadel Shopping Mall
- 15 - 20 Minutes from Downtown Colorado Springs
- For more information contact the Fountain Valley Chamber of Commerce
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- Days on Market -- An Explanation for Colorado Springs Consumers
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
Posted by KAT
