Cheyenne Meadows, Colorado Springs CO Real Estate Market Report for 2008

By
Real Estate Agent with ERA Herman Group Real Estate

Colorado Springs Real Estate

Market Report for Cheyenne Meadows in the Southwest area -- Homes close to Fort Carson

Single Family Homes

Single Family Homes in Cheyenne Meadows were primarily built in the 1980's to 1990's.   The majority of the houses are ranches, bi-levels, tri-levels  with  3 to 4 bedrooms, 2- 3 baths, and  2 car garages.   The average home has appx. 1500 to 2500 square footage.  The absorption rate of 3.3 houses per month shows that there is a 4.2 month supply of houses on the market; the housing market is currently a NEUTRAL MARKET in this area.

Recap of December Activity

  • Homes Sold in the last month:   -0-

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

 

2008

2007

2006

2005

2004

Number of Homes Sold

 40

53

91

92

 94

Average List Price

 $215,527

 $212,903

$206,809

$198,039

$190,203

Average Sold Price

 $208,773

 $208,331

$204,090

$196,644

$188,065

Average Days on Market

 109

 87

 58

 85

 68

Total Square Feet

 2081

 1921

 1898

 1967

 1898

Average # of house sold per month

3.3

 

4.4

 

7.6

7.7

 

7.8

Current Report as of 1-29-09 in Cheyenne Meadows

  • Active listings:   14
  • Under Contract and Pending:  5 
  • Absorption Rate: 4.2 per month

Cheyenne Meadows homes are located in the Southwest area of Colorado Springs and in District 2 schools

Cheyenne Meadows homes are:

Colorado Springs Real Estate report contains information on Single Family homes in Cheyenne Meadows.

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

 

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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 & www.ColoradoSpringsVintageHomes.com

Colorado Springs Real Estate

Posted by KAT

 

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