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Colorado Springs Homes -- July 2009 market report for Falcon North

Colorado Spring Real Estate

Market Report for Falcon North - Single Family Homes

Neighborhoods: Claremont Ranch, Woodmen Hills, Forest Meadows, Meridan Ranch

The Falcon North housing market continues to be a BUYER'S Market, as there is currently a 6.7 month of supply of homes on the market. A 6 month supply of houses on the market is considered a "Neutral Market".

Recap of 2009, 2008, 2007, 2006, 2005, and 2004

July 2009

June 2009

May 2009

April 2009

March 2009

Feb 2009

Jan. 2009

Number of Homes Sold

27

38

37

26

30

24

17

Average Sale Price

$235,785

$270,835

$259,677

$234,038

$252,057

$248,222

$243,238

Total Square footage

2995

3257

3139

2973

3095

3004

2990

Price Per Total Square Footage

$78.73

$83.15

$82.73

$78.72

$81.44

$82.63

$81.36

Average Days on Market

64

119

135

125

144

120

121

Average # of house sold per month

28.4

Current Report as of 8-7-09 in Falcon North

  • Active listings: 191
  • Under Contract and Pending: 87
  • Absorption Rate : 28.4 homes per month for the last 6 months, a supply of 6.71 month of houses currently on the market.

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

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

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Colorado Springs Real Estate

Posted by KAT

Posted Monday Aug 10