Colorado Springs Real Estate Market Report ~ February 2008The Colorado Springs real estate market is heading into spring with quite a bit of inventory on the market, and we are seeing half as many homes selling (49%) as going on the market for the month of February 2008.
New Listings: 782 homes for sale Average List Price: $ 304,099 Read Also: Selling Your Colorado Springs Home: The Importance of Proper Pricing from Day One Pending Sales: 252 homes went under contract in February 2008 Sold Homes: 219 Average SOLD Price: $254,455 Lowest Average Sold Price: Southeast Colorado Springs (S/E): $121,846 Median Sold Price: $214,500 Average List Price:Sale Price Ratio: 95.91% Lowest LP:SP Ratio: Tri-Lakes/Monument (TRI): 90.94% Average Days on Market: 106 Days (47-184 days) Comments: The most active area was real estate in Fountain Valley (F/V), where 87 new listings went on the market and 70 homes went under contract or sold in February 2008. Fountain Valley is just south of Colorado Springs and immediately east of Fort Carson Army Base. The average home in Fountain sells in about 90 days for about $168,836. Search Homes for Sale in Fountain
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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.











