Colorado Springs Real Estate - Market Report Dakota Ridge Subdivision

May through July 2008

Absorption Rate: 1.33%

Home Inventory: 5.26 months

List Price vs. Sale Price Ratio: 98.1%

Patricia Beck – Selling Colorado Springs Homes

Current Market Report from 2/13/2008-3/13/2008

Dakota Ridge is located near Vista Grande in the Northeast Area of Colorado Springs and is bordered by Austin Bluffs, Rangewood, and Flintridge.  Richmond and Allure homes border the outer rim of the area and beautiful semi-custom and custom homes that are located around the Saddle Rock area are situated on larger lots.  There are many places to walk or jog in this Colorado Springs Neighborhood and there is a trail system along the ridge behind Saddle Rock as well.  The residents in the neighborhood are friendly and you will see many of them out and about during the day swimming in the neighborhood pool, playing on the tennis courts, or taking walks.  Neighborhood barbecues and get togethers take place during the summer months; there are many bunnies around that enjoy eating everyone's garden flowers in the summer too!  Many deer frequent the area and can be spotted in homeowners' front and backyards.  Many of the local roads and conveniences can be easily accessed from this area of Colorado Springs while still offering privacy and breathtaking views of Pikes Peak and the city of Colorado Springs.

There are currently 7 homes for sale in the area with $340,642 being the average list price. Average days on market in this Colorado Springs Neighborhood is 47 days. 

There are 3 homes Under Contract       

Over the past month, there have not been any sold properties in Dakota Ridge.

For further information on available Real Estate in Colorado Springs contact your Colorado Springs Realtor, Patricia Beck.