Colorado Springs Real Estate Market -- 2008 Report Falcon Close to Peterson AFB

Colorado Spring Real Estate Market

Report for Falcon

Single Family Homes

Includes Woodmen Hills, Meridian Ranch

The FALCON housing market continues to be a SELLERS 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 units are down 16% from 2007, but pricing is only down 2.2% from 2007.

Recap of December Activity

• Homes Sold in the last month: 41

Recap of 2008, 2007, 2006, 2005, and 2004

Current Report as of 1-15-09 in Falcon

• Active listings: 328
• Under Contract and Pending: 48
• Absorption Rate: 24.3 homes per month, a 13.5 month supply of houses currently on the market

FALCON homes are:

• District 49 schools
• 15-20 minutes from Fort Carson
• 15-20 minutes from Pikes Peak Community College
• 20 Minutes from the Colorado Springs Airport
• 15 - 20 minutes from Citadel Shopping Mall
• 15 - 20 Minutes from Downtown Colorado Springs
• 15- 20 minutes from UCCS
• 20 - 30 Minutes from Garden of the Gods
• Great views of Pikes Peak

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

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

A Colorado Springs Real Estate Agent You Can Trust

Selling HOMES in El Paso & Douglas County; including Colorado Springs, Monument, Fountain, Larkspur, Pueblo, Castle Rock, Manitou Springs, Woodland Park, Palmer Lake

www.Kathytorline.com and www.ColoradoSpringsVintageHomes.com

Colorado Springs Real Estate

Posted by KAT