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Banning Lewis Ranch and Powers Area Real Estate Market Info for December 2009

Here is the Banning Lewis Ranch and Powers Area Real Estate Market Report for December 2009 – brought to you by the Colorado Springs Real Estate Connection.

Marksheffel Area and Banning Lewis Ranch Real Estate:

Marksheffel is a N/S thoroughfare in the easternmost part of Colorado Springs – home to Claremont Ranch and Banning Lewis Ranch. Banning Lewis Ranch is a master planned community, east of Marksheffel Rd that spans from Woodmen Road all the way to Fountain, Colorado. Currently, only the northernmost Banning Lewis Ranch neighborhoods offer homes for sale. Banning Lewis Ranch is in Falcon School district 49 and home to the Banning Lewis K-8 Academy.

Homes for Sale in Banning Lewis Ranch and Marksheffel Area

  • Active Listings: 51 homes
  • New Listings: 14 homes
  • Sold Listings: 14 homes  (compared to 8 sales last month)

Banning Lewis Ranch and Marksheffel Area Sales Price Information

  • Median Sales Price: $229,642
  • Average Sales Price: $228,913
  • Sale Price to List Price Ratio: 99.6%

Days on Market for Banning Lewis Ranch and Marksheffel Area homes

  • Average Days on Market: 113 days (compared to 41 days in November)

Powers Area Real Estate:

The Powers area consists of all Colorado Springs neighborhoods east of Powers Blvd., West of Marksheffel, South of Woodmen Road and North of Platte Avenue/ HWY 24. The main neighborhoods that make up the Powers area are: Stetson Hills real estate market, Springs Ranch real estate market, Greenhaven real estate market, Indigo Ranch real estate market and Cimarron Hills real estate market.

Homes for Sale in the Powers Area and Stetson Hills

  • Active Listings: 250 homes
  • New Listings: 91 homes
  • Sold Listings: 63 sales (compared to 101 sales last month)

Powers Area and Stetson Hills Sales Price Information

  • Median Sales Price: $190,000
  • Average Sales Price: $197,160
  • Sale Price to List Price Ratio: 97.5%

Days on Market for Powers Area and Stetson Hills homes

  • Average Days on Market: 69 days (compared to 60 days in November)

Popular Powers Area Colorado Springs Homes Searches:

Featured Home for Sale in Indigo Ranch ~ 7187 Indian River Drive
7187 Indian River Front - Indigo Ranch Real Estate

“Based on single family home sales information from the Pikes Peak REALTOR Services Corp. (”RSC”), for December 2009. 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.”

Posted By: Mariana Wagner – Wagner iTeam at Keller Williams Realty – 719.434.7525
Colorado Springs Real Estate Expert

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The real estate listing information and related content displayed on this site is provided exclusively for consumers' personal, non-commercial use and, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This information and related content is deemed reliable but is not guaranteed accurate by the Pikes Peak REALTOR® Services Corp.

This IDX solution is (c) Diverse Solutions 2012.