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Woodmen Hills Homes and Real Estate

Woodmen Hills Highlights

AREA MARKET STATISTICS
THIS QUARTER

Market statistics area a very valuable tool for both buyers and sellers. Buyers use statistics to gauge how the home they are interested in stacks up to the rest of the community while sellers often use market statistics to form the basis for pricing their home.

Our statistical data comes from the Pikes Peak REALTOR Services Corporation ("RSC"), more commonly known as the Pikes Peak MLS. Although we don't give statistical data down to the neighborhood level, we feel that the area statistics give buyers and sellers the type of data that they are looking for.

Median Sales Price

Median Sales Price gives both buyers and sellers and indication of what homes are selling for in the area. Statistically, the median sales price is considered a more accurate indicator than the average sales price.

Days on Market

The Days on Market gives buyers and sellers an indication of the average time it takes to sell a home. The average for the Colorado Springs area is 88 days.

Sales versus Listings

Comparing the number of sold homes in an area to the number of listings in the area gives buyers and sellers an indication of the selling activity of the area.

About Springs Homes

Springs Homes is a full service real estate company specializing in the Pikes Peak region. We find that often buyers and sellers don't know where to look when researching different neighborhoods. We have created "Neighborhood Websites" in order to give people a more in-depth look into specific neighborhoods. Pictures, market statistics, homes for sale and videos help give buyers and sellers the character and details of the neighborhood that they are looking for.

Because we have been specializing in this area for so long, we are experts in all areas. If there is an area that you need to learn more about, simply give us a call at (719) 388-4000, we are always happy to help.

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