Peyton Pines is a beautiful area east of Colorado Springs near Highway 24. Most properties are located on 5-acre lots and some are zoned for horses. Even though it takes home owners approximately 40 minutes to drive to Colorado Springs from Peyton, they like the privacy and having more open space. Homestead Ranch Regional Park […]
Market Report for Gatehouse Village May – July 2008 Absorption Rate: 4.33% Inventory: 3.23 months List Price vs. Sale Price Ratio: 99.5% Average List Price in Gatehouse Village: $277,246 Search the Pikes Peak MLS To find out more about Colorado Springs Realty and the Colorado Springs Area contact me or visit my website
Market Report for Charleston Place May – July 2008 Absorption Rate: 2.33% Inventory: 6.0 months List Price vs. Sale Price Ratio: 98.1% Average List Price in Charleston Place: $312,800 Search the Pikes Peak MLS To find out more about Colorado Springs Realty and the Colorado Springs Area contact me or visit my website
Market Report for Wagon Trails May – July 2008 Absorption Rate: 6.67% Inventory: 4.04 months List Price vs. Sale Price Ratio: 98.5% Average List Price in Wagon Trails: $254,640 Providing real estate information and services for Colorado Springs home buyers and sellers.
There are many bank owned properties for sale in the Colorado Springs area and many home buyers are looking for a bargain. Bank owned properties are generally listed below market value but that is not always the case. In other words, just because a property is bank owned, don’t assume it is a bargain! […]
Market Report for Sundown May – July 2008 Absorption Rate: 5.0% Inventory: 4.2 months List Price vs. Sale Price Ratio: 98.8% Average List Price in Sundown: $195,176 Search the Pikes Peak MLS To find out more about Colorado Springs Realty and the Colorado Springs Area contact me or visit my website.
Market Report for Vista Mesa – May through July 2008 Absorption Rate: 2.33% Home Inventory: 3 months List Price vs. Sale Price Ratio: 96.9% Average List Price in Vista Mesa: $195,176 Search the Pikes Peak MLS To find out more about Colorado Springs Realty and the Colorado Springs Area contact me or visit my website.
Market Report for University Park May – July 2008 Absorption Rate: 2.33% Home Inventory: 6 months List Price vs. Sale Price Ratio: 96.4% Average List Price in University Park: $362,814 Search the Pikes Peak MLS To find out more about Colorado Springs Realty and the Colorado Springs Area contact me or visit my website.
When buying a home it is important to consider what the list price vs. sales price ratio is. Why is this statistic important? This ratio gives you an indicator of the percentage of the original list price people are paying for the homes in a given area. Let’s look at a scenario, if you have […]
Absorption rates are very handy in determining how a certain market is doing and giving an idea how long an average house will take to sell. Absorption rates are determined by a simple formula of the number of homes for sale on the market divided by the number of homes sold in a month, week etc. […]