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Palmer Lake Homes, August Market Report

  Single Family Homes

 Search for Homes in Palmer Lake

The absorption rate of   houses per month shows that there is a 20 month supply of houses on the market; the housing market is currently a BUYERS MARKET in this area.

Palmer Lake is located North of Colorado Springs and in District 38 schools

Recap of August Activity in Palmer Lake

• Homes Sold in the last month:  2
  • 316 Columbine Road  (1980 sq feet) $185,000
  • 200 Truman Avenue (1784 sq feet) 237,000

Recap of 1-1-08 to 8-31-08 Activity in Palmer Lake

• Homes Sold in the last eight months:   14
• Average Listing Price:  $243,514
• Average days on market:  89

 Current Report as of 9-13-08 in Palmer Lake

• Active listings as of 9-13-08:  24
• Under Contract and Pending:    3
• Absorption Rate:  1.15 homes per month, a 20.87 month supply of houses currently on the market

This Colorado Springs Real Estate report contains information on Single Family homes in Palmer Lake.

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

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Kathy (719-287-1049)   KTorline@msn.com

Tags: Colorado Springs Homes, Colorado Springs Real Estate, Homes in Colorado Springs, Palmer Lake, Palmer Lake Real Estate

This entry was posted on Saturday, September 13th, 2008 at 7:17 am and is filed under Neighborhoods - Palmer Lake and Monument, Real Estate Market Reports. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

1. Local Housing Market Sees All - From Foreclosure To Rising Values — Really Better Real Estate said at September 22nd, 2008 at 3:54 am

   [...] Torline presents Colorado Springs Real Estate, Market Report for Palmer Lake posted at Colorado Springs Vintage Homes [...]

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