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Joe Boylan

Abert Estates-The Equestrian Life with Amenities

11-16-08
Joe Boylan

Abert Estates is located in the northern part of Colorado Springs, Colorado. This community offers residents the opportunity to live in a relaxed equestrian community while staying in close proximity to some of the best amenities Colorado Springs has to offer.

Homesites in Abert Estates average 5 acres in size and allow for up to four horses per property. Thia area features some of the most incredible views in along the entire front range and is in close proximity to the Club at Flying Horse, The Promanade Shops at Briargate as well as the rapid growth and development we are seeing in the Interquest area.

This map will give you a sense of just how convienient the location is:


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Provided by Joe Boylan: http://www.springshomes.com

Colorado Springs Real Estate-Median List Price October 2008

11-09-08
Joe Boylan

Median Sales Price is an important number as it shows what direction the market is trending towards. In other words, what is selling, higher end homes or more affordable.

Month
 Median Sales Price
January 2008
 $198,750
February 2008
$197,500
March 2008
$202,000
April 2008
$207,750
May 2008
$210,000
June 2008
$223,000
July 2008
$223,950
August 2008
$199,900
September 2008
$200,000
October 2008
$189,000

   

"Based on information from the Pikes Peak REALTOR Services Corp. ("RSC"), for the period January, 2008 through September, 2008 .  RSC does not guarantee or is in any way responsible for its accuracy.  Data maintained by RSC may not reflect all real estate activity in the market.

Colorado Springs Real Estate-Average Sales Price, October 2008

11-09-08
Joe Boylan

Average sales price is a bellwether market indicator. Although month to month fluctuations can be misleading, we generally try to keep an eye on the big trends this statistic creates.

This number is not so much an indication of general pricing trends but more an indication of what price homes are selling.

Month
Average Sales Price
January 2008
$235,023
February 2008
$226,692
March 2008
$236,503
April 2008
$239,578
May 2008
$251,543
June 2008
$256,829
July 2008
$252,549
August 2008
$235,098
September 2008
$239,385
October 2008
$230,012

This information provided by Joe Boylan: http://www.springshomes.com

"Based on information from the Pikes Peak REALTOR Services Corp. ("RSC"), for the period January, 2008 through October, 2008 . RSC does not guarantee or is in any way responsible for its accuracy. Data maintained by RSC may not reflect all real estate activity in the market.

Colorado Springs Real Estate-Listing Discount through October, 2008

11-08-08
Joe Boylan

This is the average percent difference plus or minus between asking price and selling price. This is an important number, especially in our current environment of “Low Ball” offers.

When homes are well priced, this is close to the percentage we are seeing sellers come off of their price.

Month
Listing Discount
January 2008
3.6%
February 2008
3.1%
March 2008
2.1%
April 2008
2.5%
May 2008
2.8%
June 2008
2.9%
July 2008
2.8%
August 2008
3.4%
September 2008
3.5%
October 2008
3.7%


This information provided by: Joe Boylan http://www.springshomes.com

"Based on information from the Pikes Peak REALTOR Services Corp. ("RSC"), for the period January, 2008 through October, 2008 . RSC does not guarantee or is in any way responsible for its accuracy. Data maintained by RSC may not reflect all real estate activity in the market.

Colorado Springs Real Estate-Average Days On Market- October 2008

11-08-08
Joe Boylan

Days on Market is a average number of days it takes a home to selll. This is an important number because it shows how long the average home takes to sell. When we see homes that have a significantly higher number of days on market then the average, we tend to look for red flags.

This statistic is very price sensitive, the higher the price range the longer the days on market tends to be.

Here are the Average Days on Market through the end of October, 2008 in Colorado Springs.

 

This information provided by: Joe Boylan- http://www.springshomes.com