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

Here is the Banning Lewis Ranch and Powers Area Real Estate Market Report for September 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: 62 homes
  • New Listings: 24 homes
  • Sold Listings: 13 homes  (compared to 5 sales last month)

Banning Lewis Ranch and Marksheffel Area Sales Price Information

  • Median Sales Price: $197,000
  • Average Sales Price: $203,023
  • Sale Price to List Price Ratio: 98.6%

Days on Market for Banning Lewis Ranch and Marksheffel Area homes

  • Average Days on Market: 66 days (compared to 69 days in August)

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, Springs Ranch, Greenhaven, Indigo Ranch and Cimarron Hills.

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Homes for Sale in the Powers Area and Stetson Hills

  • Active Listings: 327 homes
  • New Listings: 126 homes
  • Sold Listings: 95 sales (compared to 89 sales last month)

Powers Area and Stetson Hills Sales Price Information

  • Median Sales Price: $197,000
  • Average Sales Price: $195,533
  • Sale Price to List Price Ratio: 98.4%

Days on Market for Powers Area and Stetson Hills homes

  • Average Days on Market: 67 days (compared to 66 days in August)

Popular Powers Area Colorado Springs Homes Searches:

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

Featured Home for Sale in Stetson Hills

7187 Indian River Drive

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Posted By: Mariana Wagner - Colorado Springs Real Estate Agent - Wagner iTeam
The Wagner iTeam is a power team of Keller Williams Realty,
specializing in Colorado Springs Real Estate and Monument Real Estate
Pictures of Colorado Springs
(719) 434-7525




Posted on October 19th, 2009 by Mariana Wagner

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To begin your search for the perfect home or sell your home in the Colorado Springs area, call Derek and Mariana Wagner at (719) 434-7525.