Monument Real Estate Market Report - September 2007

By
Real Estate Agent with Wagner iTeam at Keller Williams Hope Realty

Monument - the area just North of Colorado Springs and south of Douglas County and includes the areas of Monument, Palmer Lake and Woodmoor. Monument real estate is also a great alternative for folks looking to commute to Castle Rock or Denver Tech Center, in South Denver.

Here is a look at the Monument residential housing market for September 2007:

  • Newly listed homes on the market: 37
  • Average List Price: $492,655
  • Pending Sales: 11
  • Sold Homes: 9
  • Average Sold Price: $429,463
  • List Price to Sale Price Ratio: 98.95%
  • Average Days on Market (DOM): 84 Days

Comment: Average days on market has dropped from 112 days to 84 days - MUCH close to the surrounding area average. However, the number of sold homes dropped by over half and the new homes on the market dropped by about a third. So, even though less homes are selling, the ones that are, are selling quicker.

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Rainmaker
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Derek and Mariana Wagner
Wagner iTeam -Keller Williams Realty - Colorado Springs, CO
Wagner iTeam - Colorado Springs REALTORS®
Nice to see the Monument Market picking up!
Oct 01, 2007 11:44 PM #1
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Rainer
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Derek Wagner

Monument Colorado Realtor
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