Colorado Springs Real Estate Market -- 2008 Report for Quail Ridge
By Kathy Torline, Colorado Springs Real Estate Blog 719-287-1049
(ERA Herman Group Real Estate)
Colorado Springs Real Estate Market Report for Quail Ridge in the Southwest area Single Family Homes Single Family Homes in Quail Ridge were primarily built in the 1980's and 1990's. The majority of the houses are ranches, bi-levels, tri-levels with 3 to 5 bedrooms, 2- 3 baths, and 2 car garages. The average home has appx. 1500 to 2500 square footage. The absorption rate of 1.1 houses per month shows that there is a 0 month supply of houses on the market; the housing market is currently a NEUTRAL/SELELRS MARKET in this area. Recap of December Activity Homes Sold in the last month: 1 3640 Pennyroyal 2127 sq feet $222,500 Recap of 2008, 2007, 2006, 2005, and 2004 2008 2007 2006 2005 2004 Number of Homes Sold 13 7 9 5 15 Average List Price $225,738 $225,969 $229,411 ...
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