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December 5, 2009
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  CONDITIONS™
By Local Real Estate Experts  


Market Conditions for Monument, Colorado

Reported by Patty Meola, REALTOR

Updated September 20, 2009.

Current Market Rating: 2




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Buyer's

Seller's

Current Price Trend: 2




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Falling

Rising

Currently, we have a 14-month supply inventory of homes in the Tri-lakes area. The running average price of homes located in the Tri-Lakes community is $413,830. From May 1, 2009 through August 31, 2009, there were 456 active single family properties listed in the MLS, and there were 180 sold properties during this 123-day period. Effective 9/11/09, there are 447 active single family homes listed in the MLS priced $69,000 to $2.9M with 55 of these properties listed as distressed properties (i.e., pre-foreclosure, short sale, etc).

ZIP Codes: 80132, 80133, 80921

Approximate Location Boundaries: Tri-Lakes Community includes: Air Force Academy, Black Forest, Gleneagle, Larkspur, Monument, Palmer Lake and Woodmoor

Location Characteristics: The Tri-Lakes Area is nestled along the Front Range of the Rocky Mountains and located between Colorado Springs and Denver. The "Tri-Lakes" attracts people from all over who come to experience the beauty and a close-by "get away experience" to our mountains and outdoor settings and to experience our friendly shops and businesses. They come to share in our attractive lifestyle and healthy economy.

The Tri-Lakes area is named for its three lakes in Woodmoor, Monument and Palmer Lake and includes a number of other communities from Larkspur in Douglas County to the north and El Paso County communities to the south including the US Air Force Academy, Gleneagle and Black Forest.

We are centered approximately 20 miles north of Colorado Springs and 40 miles south of Denver.

The entire region from hilly grasslands to pine forests, magnificent mountains and lots of sunshine all contribute to an exceptional quality of life. We have approximately 250 days of sunshine with a nice seasonal balance of dry air with moderate winters and mild summers.

Trails for horse back riding, hiking and biking are numerous. A sixteen mile stretch of the Santa Fe Trail extends from Palmer Lake to the south entrance of the Air Force Academy. The Greenland trailhead winds through rolling grasslands, past ponds, through oak scrublands and pines where fox and deer are frequently seen. Other outdoor activities include golf with four scenic golf courses and a spectacular view of the mountains.

The town of Monument at an elevation of 6,900 ft. maintains its small town atmosphere with unique shops and restaurants. Monument is named after Monument Rock, a majestic natural wonder located off Mount Herman Road. Numerous trails surrounding the rock are perfect for a casual forest stroll.

(Courtesy of the Tri-Lakes Chamber of Commerce)


For More Information:

View Market Conditions of other areas served by Patty Meola

Navigate: Top > Colorado > Monument

About Patty Meola:
I am a full-time ethical and loyal Realtor dedicated to providing excellence in Real Estate services and building relationships for life. I'm continually at the forefront of today's technology practices, and I use today's technology to better serve my clients. I'm a big advocate of education, and I strive to take as many Real Estate training classes and earn as many designations as possible so that I can better serve the public.

I am a Certified Distressed Property Expert (CDPE); and I have the education, experience, and materials necessary to properly assess both sellers' and buyers' needs to aggressively negotiate and close a successful short sale on their behalf.

Having lived in El Paso County for most of my life, I am very familiar with the housing market, school districts, and the growth that Colorado Springs has experienced over the last 40 years. I am committed to using this information in serving home buyers and sellers obtain the best possible price and terms available and finding homes that fit their personal, professional, and financial needs.

You will not find a more personable, dedicated, qualified, and hard working Realtor who will always put your interests first.

Patty Meola, ABR, CDPE, GRI, LHP, QSC Platinum
RE/MAX Properties, Inc.
491 Highway 105, Suite 100
Monument, CO 80132
Direct: (719) 337-1203
Fax: (719) 481-8112
E-Mail: Patty@PattyMeola.com
Web: www.PattyMeola.com
Web: www.HomesAroundthePeak.com



These reports reflect the views and opinions of their authors and are not necessarily the views and opinions of Realty Times.




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