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Homes in Meridian Ranch are in the Falcon Area in Colorado Springs
Search for Homes in Meridian Ranch
Zip Code: 80831
Related Article: Colorado Springs Real Estate Report for Marksheffel Area as of June 30, 2010 (Near Peterson AFB)

The Meridan Ranch housing market continues to be a BUYERS Market, as there is currently a 11 month of supply of homes on the market. A 6 month supply of houses on the market is considered a "NEUTRAL MARKET". Sales units were down 22% from 2009 to 2008, and pricing was down 8% from 2009 to 2008. Sales have continued to increase for 2010, but pricing has continued to decrease.
Single Family Homes in Meridian Ranch were primarily built from 2003 to 2009, with an average age built of 2005. The majority of the houses are 2-stories and ranches with 2 - 4 baths, with 2-3 car garages.
The average home has appx. 1500 to 3000 square footage. The 2009 absorption rate of 6.4 houses per month shows that there is a 11 month supply of houses on the market; the housing market is currently a "BUYER'S/NEUTRAL MARKET in this area. A 6 month supply of houses on the market is considered a "NEUTRAL MARKET".
The area is bounded by Meridian Road and Stapleton, North to Rex, East side of Meridian.
The school District is District 49, Falcon; and the majority of students to go Meridian Ranch Grade School, Falcon Junior High School and Falcon High School. There is a neighborhood park, Woodmen Hills Park, and the Antler Creek Golf Course in the neighborhood.
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Meridian Ranch |
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Year |
Price |
Total Sold |
Average Price per sq foot |
Average Days on Market |
Average Sold Per Month |
|
2010 |
$294,093 |
14 |
$85 |
218 |
4.7 |
|
2009 |
$281,801 |
67 |
$100 |
146 |
5.6 |
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2008 |
$307,749 |
87 |
$108 |
163 |
7.2 |
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2007 |
$334,949 |
99 |
$115 |
129 |
8.3 |
|
2006 |
$322,488 |
86 |
$120 |
125 |
7.1 |
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2005 |
$303,329 |
88 |
$113 |
91 |
7.3 |
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2004 |
$255,777 |
53 |
$114 |
65 |
4.4 |
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Colorado Spring Real Estate - Market Report for Falcon
Single Family Homes
Neighborhoods: Woodmen Hills, Windmill Flats, Falcon
The Falcon housing market continues to be a BUYER'S Market, as there is currently a 7.1 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
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July 2009 |
June 2009 |
May 2009 |
April 2009 |
March 2009 |
Feb 2009 |
Jan. 2009 |
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Number of Homes Sold |
18 |
14 |
9 |
14 |
10 |
8 |
3 |
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Average Sale Price |
$191,044 |
$215,558 |
$216,093 |
$173,270 |
$168,737 |
$147,833 |
$154,568 |
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Total Square footage |
2231 |
2442 |
2264 |
2409 |
2227 |
1916 |
2056 |
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Price Per Total Square Footage |
$85 |
$88 |
$95 |
$71 |
$75 |
$77 |
$75 |
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Average Days on Market |
123 |
88 |
115 |
109 |
76 |
153 |
103 |
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Average # of house sold per month |
10.9 |
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Current Report as of 8-7-09 in Falcon

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.

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Posted by KAT
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