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Palmer Lake Homes, market report for September

Single Family Homes in Palmer Lake

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The absorption rate of 1.8 houses per month shows that there is a 9 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 September Activity in Palmer Lake

  • Homes Sold in the last month:  2
    • 3512 Alpine (2251 sq. feet) $180,000
    • 3612 Alpine (2650 sq. feet) $180,000

Recap of  1-1-08 to 9-30-08 Activity in Palmer Lake

  • Homes Sold in the last nine months:  17   
  • Average Listing Price:  $164,629
  • Average days on market:  99

Current Report as of 10-15-08 in Palmer Lake

  • Active listings:  9
  • Under Contract and Pending :  1    
  • Absorption Rate: 1.8 homes per month, a 9 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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To find out more information about Colorado Springs, Call ……
Kathy (719-287-1049)   KTorline@msn.com

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