Where In Colorado Springs Are Homes Selling?

The area of Colorado Springs that is selling the most homes is Fountain Valley, on the southern edge of the region. Here is a round up of the top  MLS areas, by number of single family homes sold in December of 2009:

Area # SF Home Sales Med Sale Price Avg Sale Price % of Market
Fountain Valley 72 $166,825 $165,106 11.56%
Powers 63 $190,000 $197,160 10.11%
Northeast 55 $224,900 $257,366 8.83%
Southwest 51 $192,500 $270,210 8.19%
Southeast 47 $115,000 $122,771 7.54%
Central 41 $115,000 $127,924 6.58%
East 31 $155,000 $161,075 4.98%
Briargate 30 $272,000 $281,875 4.82%
Trilakes 29 $356,000 $371,578 4.65%
Northwest 26 $277,000 $322,969 4.17%
Falcon North 25 $243,400 $251,387 4.01%
         
Total SF sales 623      

Based on information from the Pikes Peak REALTOR Services Corp. (“RSC”), for the period 12/1/09 through 12/31/09 .  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.”

Part of the reason for strong sales in Fountain Valley is the activity at Fort Carson. In addition however, Fountain Valley has very competitively priced and readily available new homes, which it seems no one can ever get enough of, if they can afford them. The rankings are very similar for the full year as well. Another reason for quantity of sales in Fountain Valley? There are more homes for sale in Fountain Valley. This area comprised 19.5% of the active listings (homes for sale) in the area, and less than 12% of the actual sales. The Powers area on the other hand comprised only 6.3% of the homes for sale, but had 10.1% of the sales.

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