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Monument home sales have been increasing in 2010
Colorado Spring Real Estate
Market Report for Tri-Lakes, Includes Homes in Monument and Palmer Lake as of 8-31-2010
Search for Homes in Palmer Lake and Monument
Zip Code: 80132, 80132
The Monument Real Estate market continues to be a Buyer’s Market, as there is currently a 13 month of supply of homes on the market. A 6 month supply of houses on the market is considered a “NEUTRAL MARKET”. Sales were down 5% from 2009 to 2008, but pricing was only down 3% from 2009 to 2008. Pricing and sales continues to decrease in 2010.
Recap of 2010, 2009, 2008, 2007, 2006, 2005, and 2004
|
2010 |
2009 |
2008 |
2007 |
2006 |
2005 |
2004 |
||
| Number of Homes Sold |
288 |
363 |
383 |
469 |
630 |
675 |
673 |
|
| Average Sale Price |
$382,218 |
$396,798 |
$407,407 |
$450,756 |
$434,392 |
$418,258 |
$373,323 |
|
| Average Days on Market |
105 |
122 |
109 |
107 |
94 |
71 |
67 |
|
| Average # of house sold per month |
36 |
30 |
31.9 |
39.1
|
52.5 |
56.3
|
56.1 |
|
Current Report as of 8-31-2010 in Tri-Lakes
- Active listings: 418
- Absorption Rate: 36 homes per month, a 11.6 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.
Market Report for Homes in Monument, July 2009
Colorado Spring Real Estate
Market Report for Tri-Lakes – Single Family Homes, Includes Monument and Palmer Lake
Search for homes in Monument
Must Read Articles
The Monument and Palmer Lake housing market continues to be a Buyer’s Market, as there is currently a 14.5 month of supply of homes on the market. A 6 month supply of houses on the market is considered a “NEUTRAL MARKET”. Sales were down 17% from 2008 to 2007, but pricing was only down 10% from 2008 to 2007. Sales continue to be soft in 2009 and are down 31% from the same period last year.
10% of homes for sale in Monument are bank-owned or short-sales
Homes in Colorado Springs
Market information for Active and Foreclosure Homes in Tri-Lakes As of 7-13-09
For a FREE list of Foreclosure Homes, Email KTorline@msn.com
Neighborhoods: Woodmoor, Kings Deer, Palmer Lake, Walden Reserve, Jackson Creek
Breakdown of homes for sale, INCLUDING FORECLOSURES
- Short sales: 32 (6.5%)
- Bank-owned: 15 (3.0%)
- Regular: 446 (90.5%)
Colorado Springs Luxury Homes, Foreclosures in Monument
Luxury Foreclosures
Neighborhoods: Homes in Woodmoor, Kings Deer, Palmer Lake, Walden Reserve, Jackson Creek
Search for Homes in Monument
For a FREE list of Foreclosure Homes, Email KTorline@msn.com
Active homes for sale:
- Short sales: 31 (6.7%) Read the rest of this entry »
Monument CO, Sales down 17% in 2007, Pricing down 10%
Market Report for Tri-Lakes, Single Family Homes
Includes Monument and Palmer Lake
Search for Homes in Monument and Palmer Lake The Tri-Lakes housing market continues to be a Buyer’s Market, as there is currently a 13.5 month of supply of homes on the market. A 6 month supply of houses on the market is considered a “NEUTRAL MARKET“. Sales are down 17% from 2007, but pricing is only down 10% from 2007.
Recap of December Activity
- Homes Sold in the last month: 13
Recap of 2008, 2007, 2006, 2005, and 2004
| 2008 | 2007 | 2006 | 2005 | 2004 | |
| Number of Homes Sold | 383 | 469 | 630 | 675 | 673 |
| Average Sale Price | $407,407 | $450,756 | $434,392 | $418,258 | $373,323 |
| Sales Price to List Price | 96 | 97.5% | 98.2% | 98.1% | 98.4% |
| Average Days on Market | 109 | 107 | 94 | 71 | 67 |
| Average # of homes sold per month | 31.9 | 39.1 | 52.5 | 56.3 | 56.1 |
Palmer Lake Homes, market report for September
Single Family Homes in Palmer Lake
Search for Homes in Colorado Springs
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 Read the rest of this entry »
