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Colorado Springs Real Estate Market -- 2008 Report for Quail Ridge

By
Real Estate Agent with ERA Herman Group Real Estate

Colorado Springs Real Estate

Market Report for Quail Ridge in the Southwest area

Single Family Homes

 Single Family Homes in Quail Ridge were primarily built in the 1980's and 1990's.   The majority of the houses are ranches, bi-levels, tri-levels  with  3 to 5 bedrooms, 2- 3 baths, and  2 car garages.   The average home has appx. 1500 to 2500 square footage. Quail Lake in Colorado Springs The absorption rate of 1.1 houses per month shows that there is a 0 month supply of houses on the market; the housing market is currently a NEUTRAL/SELELRS  MARKET in this area.

Recap of December Activity

  • Homes Sold in the last month:   1
    • 3640 Pennyroyal    2127 sq feet   $222,500

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

 

2008

2007

2006

2005

2004

Number of Homes Sold

13

7

9

 5

15

Average List Price

 $225,738

 $225,969

$229,411

$208,580

$209,100

Average Sold Price

 $220,923

 $223,698

$227,382

$207,400

$207,213

Average Days on Market

 66

 97

 58

 78

 33

Total Square Feet

 2162

 2129

 2056

 2121

 2138

Average # of house sold per month

 

 

 

 

 

 

 

 

 

1.1

.06

.08

.04

1.3

Current Report as of 12-15-08 in Quail Ridge

  • Active listings:   -0-
  • Under Contract and Pending :    1

Absorption Rate:  1.1 per month

Quail Ridge homes are located in the Southwest area of Colorado Springs and in District 2 schools

 Quail Ridge homes are:

Close to Fort Carson

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

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