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Black Forest Real Estate Market Report For July 2008

by Alan Daniels
The beautiful Black Forest area on the northern edge of Colorado Springs was named by a German immigrant who noticed a striking resemblance with the many Ponderosa Pines found here and Germany's own famous Black Forest. 200,000 acres make up the large area in Black Forest, Colorado Springs. Homes in Black Forest can be found in a number of different styles and price ranges. Cathedral Pines, Flying Horse, Highland Park, Elkhorn Estates, Woodmen Hills, Palmer Divide, Park Forest Estates, Camelot, Sylvan Meadows, Red Fox Ridge, Abert Ridge, Eagle Wing Estates, Terra Ridge, Longview Estates, Forestgate, Blue Spruce Estates, High Forest Ranch, Black Forest Reserve, Wildwood Ranch Estates and Walden Preserve are just some of the neighborhoods within the Black Forest area.
Briargate Real Estate Market Report | Homes in Briargate
Black Forest Single Family Homes and Patio Homes:
 
Monthly Listing Activity For Black Forest Real Estate-
Available Homes in Black Forest – 472
Median List Price For Homes in Black Forest - $372,450
Average List Price For Homes in Black Forest - $470,152
Listings Added to Market in Black Forest- 104
Listings Pending Contract in Black Forest – 28
Expired/Withdrawn Listings in Black Forest – 90                    
 
Monthly Sales Activity For Black Forest Real Estate-
Black Forest Homes Sold – 39
Median Sales Price For Homes In Black Forest - $302,500
Average Sales Price For Homes In Black Forest - $304,339
Median List Price For Homes Sold In Black Forest - $310,000
Sold Price / List Price – 97.9%
Average Days On Market For Homes in Black Forest- 86        
 
Black Forest Condos and Townhomes:
 
Monthly Listing Activity For Black Forest Real Estate-
Available Condos and Townhomes in Black Forest – 0
Median List Price For Condos and Townhomes in Black Forest - 0
Average List Price For Condos and Townhomes in Black Forest - 0
Listings Added to Market in Black Forest- 0
Listings Pending Contract in Black Forest – 0
Expired/Withdrawn Listings in Black Forest – 0
 
Monthly Sales Activity For Black Forest Real Estate-
Black Forest Condos and Townhomes Sold – 0
Median Sales Price For Condos and Townhomes In Black Forest - N/A
Average Sales Price For Condos and Townhomes In Black Forest - N/A
Median List Price For Condos and Townhomes Sold In Black Forest - N/A
Sold Price / List Price – N/A
Average Days On Market – N/A
 
Black Forest Land / Lots:
 
Monthly Listing Activity For Black Forest Land-
Available Land / Lots in Black Forest – 304
Median List Price For Land / Lots in Black Forest - $200,000
Average List Price For Land / Lots in Black Forest - $262,509
Listings Added to Market in Black Forest- 0
Listings Pending Contract in Black Forest – 0
Expired/Withdrawn Listings in Black Forest – 0
 
Black Forest Rental Properties:
 
Monthly Listing Activity For Black Forest Rental Properties-
Available Rentals In Black Forest – 22
Median Rental Price in Black Forest - $1,497
Average Rental Price in Black Forest - $1,474

This representation is based in whole or in part on information from the Pikes Peak Association of Realtorsâ, the Colorado Springs Realtor Services Corp., or its PPMLS.  Neither the Association, the RSC, nor the PPMLS guarantees or is in any way responsible for its accuracy.  Data maintained by the PPMLS does not reflect all real estate activity in the market.
“Based on information from the Pikes Peak Realtor® Services Corp. (“RSC”), for the period July 1 through July 31, 2008.  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.”

Buyer's Market?

by Alan Daniels

Colorado Springs Real Estate - Buyer's Market

Is the real estate section of your local paper filled with stories about how the real estate market in your area is slowing down? Is it taking months to sell the homes on the market? If this description fits your area, and you have been waiting for the right time to buy a house, it may be time for you to make a move. This kind of market is referred to as a "buyers' market" for a good reason--it is an opportunity for buyers to select from a large number of homes that could satisfy their needs.

Everyone involved is ready to bend over backwards to make it possible for you to buy your dream home. Most sellers are highly motivated and so are the local real estate agents, loan officers, title companies, and other professionals involved in the transaction. It is important to remember that the real estate market runs in cycles, and conditions can change without a lot of warning. This could be the perfect time to contact a good real estate agent to discuss your needs and to explore the possibilities available to you.

Welcome To Our New Real Estate Blog!

by Alan Daniels

I have been blogging for over a year now on many topics about Colorado Springs Real Estate, Monument real estate, Black Forest real estate, and Fountain real estate as well as local and national events that effect our community.  I have just started this blog and will be picking up from where I left off at www.coloradorealestateresources.blogspot.com.  Feel free to visit that blog to see what topics I have covered in the past.  

Let me know if there is a topic you would like covered, as other readers of this blog would most likely be interested in the same topics.  I also encourage you to subcribe to my blog posts for free! 

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