The condition of your Colorado Springs Home could be another reason your home expired. There is competition among sellers in Colorado Springs when over 6,000 single family homes are for sale in El Paso County. If your home is not in good condition then it is unlikely it will sell unless you price it well […]
Homes sales dropped by 12% in El Paso County for the month of August when compared to the previous month of July. Although total single family home sales dropped, the inventory for single family homes in the Pikes Peak MLS also declined. The pie chart below breaks down the total Single Family Home Sales for August […]
Vista Grande is located in the Northeast area of Colorado Springs. Homes in Vista Grande were built in the 1960’s and 1970’s and consist of bi-level, tri-level, and ranch floor plans. Although homes are older in this area of Colorado Springs, homeowners enjoy larger backyards and mature landscaping. There are many large trees in Vista […]
Market Report for Sundown May – July 2008 Absorption Rate: 5.0% Inventory: 4.2 months List Price vs. Sale Price Ratio: 98.8% Average List Price in Sundown: $195,176 Search the Pikes Peak MLS To find out more about Colorado Springs Realty and the Colorado Springs Area contact me or visit my website.
Market Report for Vista Mesa – May through July 2008 Absorption Rate: 2.33% Home Inventory: 3 months List Price vs. Sale Price Ratio: 96.9% Average List Price in Vista Mesa: $195,176 Search the Pikes Peak MLS To find out more about Colorado Springs Realty and the Colorado Springs Area contact me or visit my website.
Market Report for University Park May – July 2008 Absorption Rate: 2.33% Home Inventory: 6 months List Price vs. Sale Price Ratio: 96.4% Average List Price in University Park: $362,814 Search the Pikes Peak MLS To find out more about Colorado Springs Realty and the Colorado Springs Area contact me or visit my website.
When buying a home it is important to consider what the list price vs. sales price ratio is. Why is this statistic important? This ratio gives you an indicator of the percentage of the original list price people are paying for the homes in a given area. Let’s look at a scenario, if you have […]
Absorption rates are very handy in determining how a certain market is doing and giving an idea how long an average house will take to sell. Absorption rates are determined by a simple formula of the number of homes for sale on the market divided by the number of homes sold in a month, week etc. […]
Sunset Ridge is located next door to the Vista Mesa Subdivision and is bordered by Vickers, Rangewood, and Flintridge. Homes in this area of Colorado Springs were built primarily by U.S. Homes in addition to various custom home builders. Homes in the area are mainly comprised of 2-story and ranch floor plans. This area is close to Cottonwood […]
Sundown is located in the Northeast area of Colorado Springs and is bordered by Dublin, Templeton Gap, and Austin Bluffs just west of Powers Blvd. Sundown is conveniently located near schools, parks, and both new hospitals (Penrose and Memorial North) in Colorado Springs. The area also offers quick and easy access to shopping, restaurants, and […]