Woodmoor and Surrounding Area Search of October 20, 2010 – Colorado Springs Real Estate

By
Real Estate Broker/Owner with Selley Group Real Estate, LLC

All Single Family Homes:

Prior 7-12 Months: 383,101 list – 370,179 sold / 21 homes / 168 DOM

Prior 4-6 Months: 375,724 list – 362,311 sold / 27 homes / 171 DOM

Current -3 Months: 370,699 list – 360,759 sold / 65 homes / 99 DOM

Homes from $400-550K:

Prior 7-12 Months: 475,277 list – 455,488 sold / 9 Homes / 221 DOM

Prior 4-6 Months: 468,4333 list – 450,555 sold / 9 Homes / 188 DOM

Current -3 Months: 465,758 list – 450,826 sold / 19 Homes / 133 DOM

Summary comments of above information:

As a Colorado Springs Realtor, this is my assessment of this particular area (coordinates 2001-2111 side and 4444-4445 top).

There has been a decline, yet it has been slight, in the listing sales price over the last 12 months, roughly by $10,000 in the $450-500K range. Days on the market have been improving and could potentially be related to the sold price decline as well as the time of year. List to sales price seems to be improving slightly – ranging around 3-3.5% of list to sales price – this does not include closing cost concessions. The great news is that Monument homes have almost doubled in sales from the last three months compared to the nine months previous.

Active Home Market Activity:

Currently there are 41 Active Colorado Springs Homes for Sale between $400-550K within this coordinate range. This means that on average, one home sells in this price point a month.

Square footage range 4,455 total and 4,014 finished - .78 acre lot, $466,643 list price, 137 days on the market active (not sold) with a maximum of 511 days and a minimum of 5 days active.

Under contract properties are taking an average of 221 days in this current market in the $400-550K range.

To purchase Colorado Springs Homes for Sale, feel free to contact our Colorado Springs CO Realtors at Selley Group Real Estate, LLC: 2139 Chuckwagon Rd, Ste 210 - Colorado Springs, Colorado 80919 - 719. 598. 5101

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Rainmaker
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Ron & Alexandra Seigel
ra@napaconsultants.com - Carpinteria, CA
Luxury Real Estate Marketing

Cherise and Gordon,

We really appreciate how you are marketing your communities and your "assessment" of the the area.  Very well done, Congratulations.  A

October 21, 2010 01:10 PM #1
Rainmaker
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Cherise Selley
Selley Group Real Estate, LLC - Colorado Springs, CO
Colorado Springs Realtor

Ron & Alexandra,

Cherise's continues to dig into the details... g

October 21, 2010 01:27 PM #2
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Rainmaker
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Cherise Selley

Colorado Springs Realtor
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