Luczak Group - The Blog

Information for happenings in the Real Estate Market in the Pikes Peak Region... and some things we just find interesting!

Colorado Springs Area Information

Ridgeview at Stetson Hills, Market Report (First Quarter, 2010)

Ridgeview at Stetson Hills Statistics

Sold Listings
Feb 2009  15    Feb 2010  14
Mar 2009  12    Mar 2010  20

Average Days on Market
Feb 2009  99    Feb 2010  95
Mar 2009  105   Mar 2010  71

Average Sales Price
Feb 2009  $202,897  Feb 2010  $205,047
Mar 2009  $199,683  Mar 2010  $209,145

Ridgeview at Stetson Hills- Market Analysis

As you can see by the above statistics, the market in Ridgeview specifically is getting better.  Across the board the statistics are showing that homes are selling for more money, faster and more often than they were this time last year.  This is a great sign for a couple reasons: 1. obviously, the housing market in this local pocket is improving. and 2. the more expensive areas are not showing nearly as encouraging signs.  This means that Ridgeview residents hoping to up-size are in a great place to do that: a perfect scenario where their home will sell (relatively) fast and for a fair amount of money, while the home they may want to purchase can be possibly bought for 70 cents on the dollar.

I go into the Ridgeview area in great detail in my Ridgeview Market Report.  This is a quarterly report on this neighborhood specifically.  If you would like a copy of this report emailed or mailed to you, please contact me and simply request it.

Greg Luczak
(719) 271-8888