Information on Colorado Springs and surrounding areas to include Monument, Palmer Lake, Black Forest,Fountain, Falcon.
Below are stats that I have pulled from MLS as of 1/10/2011.
There are currently 36 single family homes that are active in Woodmoor. Prices range from $234,000-$565,000. Average Days on Market for these homes is 135 days. There is no new construction in this number.
There are currently an additional 8 homes that are under contract. Average days on the market for these to go under contract is about 149...give or take a few hours.
The better news is that there have been 26 reported closed sales since September 1, 2010...Average days on the market for these sales..109 days. Average sales price is $359. Of the 26, 21 have sold since 10/1/2010.
We will see what the New Year brings. All indicators point to a better market in 2011 according to a recent article published by the National Association of Realtors. Interest rates will creep up but hopefully not exceed 5.3% according to Lawrence Yun, NAR ‘s chief economist.
With higher rates on the horizon, hopefully fence sitters will jump into the market knowing that good things don’t last forever.
With more than 30 years of experience in real estate sales and finance Jennifer is an invaluable asset to our team. Jennifer oversees our daily operations reviewing all contracts, counseling buyers & sellers, negotiating contracts and managing our office. As a former violinist & music teacher she conducts the Vivace Strings Orchestra with the Colorado Springs Youth Symphony.
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