Realty Times - Monument, Colorado Market Conditions

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CONDITIONS™

By Local Real Estate Experts

These agents are in the field every day. Who knows the local housing market better than the people who work it on a regular basis? Click on the "MORE" link after each summary to find out more about each agent and their opinion of the Real Estate market for this community. Agents, click here to share your opinions of this market.

Top > Colorado > Monument

Market Conditions Summary for Monument, Colorado

Reported by

The Hughes Team
as of 11/17/2008:

The Monument area, also part of what is called the Tri-Lakes Area is just a short 11 mile Interstate commute north of Colorado Springs. The Air Force Academy is 5 miles to the south. It's also convenient for those who wish to commute into the... MORE->
About The Hughes Team

Reported by

Jason Daniels
as of 11/15/2008:

Monument is a forested community conveniently located north of Colorado Springs. Recent sales in Monument have followed the Colorado Springs market. The Colorado Springs market has been stabilizing due to the recent return of troops to the military... MORE->
About Jason Daniels

Reported by

Jean Wheaton
as of 11/1/2008:

Monument is a wonderful area with a mountain feel. The Tri-Lakes area has custom and semi-custom homes, some with spectacular views of the mountains, giving a feeling of being worlds away. Conveniently located off the I 25 corridor, and near the Air... MORE->
About Jean Wheaton

Reported by

Mike Washington
as of 10/14/2008:

Monument and the Tri-Lakes area showed 130 homes sold during the second quarter. Total sales came to approximately $53 million. The average sale price of homes in the area was $410,000, with the median list price of $374,950. The percentage... MORE->
About Mike Washington

Reported by

Darryl Deighton
as of 8/14/2008:

The housing market for this area in 2007 was significantly slower than in 2005 and 2006. Inventory was up about 25%. New construction slowed and it was generally a buyer's market. We are seeing that trend continue in 2008. -As we settle in to... MORE->
About Darryl Deighton

Reported by

Kenn Braemer
as of 5/23/2008:

Mostly custom build home on 1/2 ac. lots to 2.5 ac. lots, with some tract homes being developed in the area. Some areas are in the trees and others rolling grasslands with views of the front range. Shopping is mixed with friendly little shops in old... MORE->
About Kenn Braemer

Average Current Market Rating: 2 (6 ratings)

1	2	3	4	5
Buyer's Market			Seller's Market

Average Current Price Trend: 2.3 (6 ratings)

1	2	3	4	5
Falling			Rising

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Note: A strong Buyer's Market does not necessarily mean that it is not a good time to sell your home. Likewise, a strong Seller's Market does not necessarily mean it is a bad time to buy a home. We suggest contacting one of the Real Estate Professionals on this page for advice.

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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