Falcon Homes Market information for Active and Foreclosure Homes in Falcon As of 10-15-09  For a FREE list of Foreclosure Homes, Email KTorline@msn.com Active Homes for Sale:  89 Breakdown of homes for sale, INCLUDING FORECLOSURES, as of 10-15-09 Short sales:  11 (12.4%) HUD:  5 (5.6%) Government Owned: 1 (1.1%) VA:  1 (1.1%) Bank-owned:   4 (4.5%) Regular:  67 (75.3%) Partial list of Foreclosed homes currently on the market Area BSA Address PT Br/Ba/G FLR YB Fin SQ Tot SQ LP CDOM FAL    16955 Sagecreek RD   SIF  3,2,2  RAN  1993  1,496  1,496  $119,900  55  FAN  FAL  7385 Bridal Vail WY   SIF  4,4,3  2  2006  2,902  4,014  $269,000  165  FAN  FAL  13366 Gilbert DR   SIF  5,4,3  RAN  2009  3,942  4,042  $460,000  20  FAN  FAL  13367 Gilbert DR   SIF  4,5,3  2  2006  4,012  4,228  $499,9... 10/14/2009

Colorado Spring Real Estate  Market Report for Falcon - Single Family Homes  The Falcon housing market continues to be a BUYER'S Market, as there is currently a 5.5 month of supply of homes on the market.   A 6 month supply of houses on the market is considered a "Neutral Market".   Recap of 2009, 2008, 2007, 2006, 2005, and 2004   July 2009 July 2009 June 2009 May 2009 April 2009 March 2009 Feb 2009 Jan. 2009 Number of Homes Sold 15 18 14 9 14 10 8 3 Average Sale Price $191,412 $191,044 $215,558 $216,093 $173,270 $168,737 $147,833 $154,568 Total Square footage  1975 2231 2442 2264 2409 2227 1916 2056 Price Per Total Square Footage   $96 $85 $88 $95 $71 $75 $77 $75 Average Days on Market  56 123 88 115 109 76 153 103 Average # of house sold per month                         Current Repo... 09/16/2009

Colorado Spring Real Estate - Market Report for Falcon Single Family Homes  Neighborhoods: Woodmen Hills, Windmill Flats, Falcon The Falcon housing market continues to be a BUYER'S Market, as there is currently a 7.1 month of supply of homes on the market.   A 6 month supply of houses on the market is considered a "Neutral Market".  Recap of 2009, 2008, 2007, 2006, 2005, and 2004   July 2009 June 2009 May 2009 April 2009 March 2009 Feb 2009 Jan. 2009 Number of Homes Sold 18 14 9 14 10 8 3 Average Sale Price $191,044 $215,558 $216,093 $173,270 $168,737 $147,833 $154,568 Total Square footage 2231 2442 2264 2409 2227 1916 2056 Price Per Total Square Footage  $85 $88 $95 $71 $75 $77 $75 Average Days on Market 123 88 115 109 76 153 103 Average # of house sold per month  10.9                 ... 08/10/2009

Colorado Spring Real Estate  Market Report for Falcon North - Single Family Homes  Neighborhoods:  Claremont Ranch, Woodmen Hills, Forest Meadows, Meridan Ranch The Falcon North housing market continues to be a BUYER'S Market, as there is currently a 6.7 month of supply of homes on the market.   A 6 month supply of houses on the market is considered a "Neutral Market".    Recap of 2009, 2008, 2007, 2006, 2005, and 2004    July 2009 June 2009 May 2009 April 2009 March 2009 Feb 2009 Jan. 2009 Number of Homes Sold 27 38 37 26 30 24 17 Average Sale Price $235,785 $270,835 $259,677 $234,038 $252,057 $248,222 $243,238 Total Square footage 2995 3257 3139 2973 3095 3004 2990 Price Per Total Square Footage $78.73 $83.15 $82.73 $78.72 $81.44 $82.63 $81.36 Average Days on Market  64 119 135 125 14... 08/10/2009

Luxury Foreclosure in Peyton NEAR Colorado Springs I'm a little remiss in writing this, but last week I previewed luxury foreclosures in the Falcon and Peyton area. Found some great properties out there; most of them didn't look like they had ever been lived in. First of all, the majority of Falcon and Peyton makes me feel like I'm back in Kansas again (which is where I grew up). Most of the lots are flat, you can see forever to the east, but they do have great views of the Front Range and Pikes Peak. The properties I looked at ranged anywhere from $313,000 to $569,000.  I had a couple of them that were my favorites; but the one I like the best was on Gilbert Drive in Falcon/Peyton.   What an amazing property! I'm not sure it has ever been lived in; and according to the assessor's offic... 06/03/2009

Homes in Falcon NORTH - Market breakdown for Active Homes as of 5-3-09 Neighbordhoods Include:  Woodmen Hills, Meridan Ranch, Falcon Highlands For a FREE list of Foreclosure Homes, Email KTorline@msn.com Active homes for sale:  212 Short sales:  26 (12.3%) Bank-owned:  9 (4.2%) HUD:  1 (.5%) VA Repo:  1 (.5%) Regular:  175 (82.5) Partial list of Foreclosed homes currently on the market Address PT Br/Ba/G FLR YB Fin SQ Tot SQ LP CDOM 7507 Soane GR   SIF  2,2,2  2  2006  1,146  1,146  $130,000  16  12471 Riggin CT   SIF  4,2,2  RAN  2000  2,156  2,156  $160,900  17  8330 Mustang PL   SIF  3,2,3  RAN  1999  1,596  1,596  $168,900  27  11291 Allendale DR   SIF  3,3,3  2  2003  1,624  2,366  $214,900  116  12294 Pine Valley CR   SIF  4,3,3  2  2004  2,587  3,837  $219,000  262  10418 Picture... 05/03/2009

Falcon North Market breakdown for Active Homes as of 4-20-09 Neighborhoods:  Woodmen Hills , Meridan Ranch, Falcon Hills, Paint Brush Hills For a FREE list of Foreclosure Homes, Email KTorline@msn.com Related posts:  Colorado Springs Foreclosures -- Homes for Sale in Falcon as of 4 - 20- 09 Active homes for sale:  220 Short sales:  31 (13.9%) Bank-owned:  9 (4.0%) HUD:  1 (.4%) VA Repo:  1 (.4%) Regular:  181 (81.2%) Partial list of Foreclosed homes currently on the market Address PT Flr Br/Ba/Gar SqFt Area BSA Price 12471 Riggin CT   SIF  RAN  4,2,2  2,156  FAN    $160,900  8330 Mustang PL   SIF  RAN  3,2,3  1,596  FAN  MRK  $175,900  9930 Litchfield ST   SIF  2  3,3,3  3,179  FAN    $177,250  11291 Allendale DR   SIF  2  3,3,3  2,366  FAN    $214,900  9520 Pomeroy CT   SIF  2  4,4,3  ... 04/22/2009

Colorado Spring Real Estate Market Report for Falcon Single Family Homes Includes Woodmen Hills, Meridian Ranch The FALCON housing market continues to be a SELLERS Market, as there is currently a 13.5 month of supply of homes on the market.   A 6 month supply of houses on the market is considered a "NEUTRAL MARKET".   Sales units are down 16% from 2007, but pricing is only down 2.2% from 2007. Recap of December Activity Homes Sold in the last month:    41 Recap of 2008, 2007, 2006, 2005, and 2004   2008 2007 2006 2005 2004 Number of Homes Sold  291 347  358  289  247 Average Sales Price  $217,859  $222,791 $225,533 $205,115 $195,606 Sales Price to List Price   97.4%  97.6%  98.8%  99%  99.3% Average Days on Market  101  92  68  71  52 Average # of house sold per month  24.3   28.9   29.... 01/17/2009

Homes in Colorado Springs Market information for Active Homes in Falcon As of 11-17-08 Related Posts: Colorado Springs Foreclosures, Homes in Southeast Colorado Springs Colorado Springs Foreclosures, Homes in Powers Colorado Springs Foreclosures in Colorado Springs, Homes in NorthEast Colorado Springs Neighborhoods:  Woodmen Hills, Meridan Ranch Active as of 11-17-08:  364 Single Family Homes:  351 (96%) Condos/Townhomes/Patio Homes:  13 (4%)  Active homes for sale as of 11-17-08:  Short sales:  54 (14.8%) VA Repos: 1 (.3%) Bank-owned:   26 (7.1%) Regular:  283 (77.7%)  Partial list of Foreclosed homes currently on the market  Address PT Br/Ba/G FLR YB Fin SQ Tot SQ LP CDOM 1225 Houseman RD   SIF  4,2,0  RAN  1997  1,296  1,296  $64,900  264  2216 Sage Grouse LN   SIF  2,1,2  RAN  2001 ... 11/16/2008

Colorado Springs Real Estate Market Report for the FALCON area of Colorado Springs Includes Woodmen Hills, Meridian Ranch Single Family Homes FALCON homes are: District 49 schools 15-20 minutes from Fort Carson 15-20 minutes from Pikes Peak Community College 20 Minutes from the Colorado Springs Airport 15 - 20 minutes from Citadel Shopping Mall 15 - 20 Minutes from Downtown Colorado Springs 15- 20 minutes from UCCS 20 - 30 Minutes from Garden of the Gods Great views of Pikes Peak Recap of October Activity Homes Sold in the last month:    34 Recap of 1-1-08 to 10-31-08 Activity Homes Sold in the last ten months:     466 Current Report as of 11-15-08 Active listings:  364 Under Contract and Pending:  56 Absorption Rate:   47 homes per month, a 7.8 month supply of houses currently on the m... 11/16/2008

Since there has been a bit of comments on my first post Warning...Colorado Springs Sales Tax Increase possible in 2008, and some new background information appeared in this weeks Falcon Herald, I thought a follow on post was warranted. In my previous posting, I question the motivation behind so many government services being funded by sales tax instead of property tax, as is more often the case on the East Coast.  Presentatoin of some history is needed to understand how El Paso County and Colorado Springs got to where we are today because several factors beyond TABOR are at play. There was a time (pre-1987) when property taxes provided 60% of the county's revenue, and sales tax was 40%.  So voters approved an increase in the sales tax and a reduction in the property tax.  Since then, th... 09/28/2008

Falcon is a small town located in unincorporated El Paso County, Colorado. This area is located about 15 miles northeast of Downtown, Colorado Springs and even closer to areas like Powers and Briargate. Falcon held steady in the month of August. Numbers softened a bit but all in all things held steady. Here are the numbers. Falcon Sales Statistics For August 2008 Falcon Market Statistics-August 2008 Number of Sales: 27 Median List Price:$189,900 Average Sales Price: $206,080 Median Sales Price: $189,900 Listing Discount: 2.7% Months of Existing Inventory: 7 Number of Sales: 27 09/24/2008

Colorado Springs Real Estate Market Report for the FALCON area of Colorado Springs Includes Woodmen Hills, Meridian Ranch Single Family Homes FALCON homes are: District 49 schools 15-20 minutes from Fort Carson 15-20 minutes from Pikes Peak Community College 20 Minutes from the Colorado Springs Airport 15 - 20  minutes from Citadel Shopping Mall 15 - 20 Minutes from Downtown Colorado Springs 15- 20 minutes from UCCS 20 - 30 Minutes from Garden of the Gods Great views of Pikes Peak Recap of August Activity Homes Sold in the last month:   43 Recap of 1-1-08 to 8-31-08 Activity in Falcon Homes Sold in the last eight months:   362 Current Report as of 9-12-08 in Falcon Active listings:    337 Under Contract and Pending:  73 Absorption Rate:    45.25  homes per month, a 7.45 month supply of ... 09/11/2008

July 2008 was a lack luster month for Falcon, Colorado. There is an 8 month inventory of homes in the Falcon area. This clearly puts Falcon in Buyers market. On the upside, 27 homes sold in the Falcon area for the month of July, account for 3.2% of the Pike's Peak market, for the month of July. The heavy marketing effort being put forth by The Banning Lewis Ranch has to be hurting the Falcon market. Banning Lewis is closer to Colorado Springs proper and the area has a stronger line up of amenities. We'll watch Falcon into the Fall to see if there is any improvement. Here are the market numbers for the month of July in Falcon: Falcon Colorado Numbers July 2008 Number Sold 27 Median Sales Price $213,000 Average Sales Price $215,215 Median List Price $210,000 Listing Discount 4.3% Months I... 08/11/2008

Falcon is a small town located in unincorporated El Paso County, Colorado. This area is located about 15 miles northeast of Downtown, Colorado Springs and even closer to areas like Powers and Briargate. This is a popular area featuring a wide range of new construction. Here is a quick breakdown on the Real Estate Sales activity in the Downtown area for the month of June of 2008:    * Number of Sales: 20    * Median List Price: $252,194    * Average Sales Price: $259,379    * Median Sales Price: $237,500    * Average Days on Market: 84 Courtesy Joe Boylan: http://www.SpringsHomes.com 07/14/2008