Monument, CO Real Estate News

By Derek and Mariana Wagner, The Artisan Group - Colorado Springs REALTORS®
(The Artisan Group- Keller Williams Premier Realty )
The Monument CO real estate market for July 2008 includes the areas of Monument, Palmer Lake, Woodmoor and Kings Deer. Monument CO Real Estate Market - July 2008 Single Family Homes in Monument Active homes for sale: 548 Homes sold in July 2008: 55 Average Sale Price: $387,979 Median Sale Price: $370,000 Average Days on Market: 105 days Average Sale Price/List Price: 95.5% Townhomes and Condos in Monument Active homes for sale: 37 Homes sold in July 2008: 3 Average Sale Price: $167,000 Median Sale Price: $165,000 Average Days on Market: 40 days Average Sale Price/List Price: 99.1% "Based on information from the Pikes Peak REALTOR Services Corp. ("RSC"), for the period July 1-31, 2008.  RSC does not guarantee or is in any way responsible for its accuracy.  Data maintained by RSC may not ...
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By Derek and Mariana Wagner, The Artisan Group - Colorado Springs REALTORS®
(The Artisan Group- Keller Williams Premier Realty )
The Monument CO market for June 2008 includes the areas of Monument, Palmer Lake, Woodmoor and Kings Deer. Monument CO Real Estate Market - June 2008 Single Family Homes in Monument Active homes for sale: 493 Homes sold in June 2008: 49 Average Sale Price: $389,283 Median Sale Price: $355,000 Average Days on Market: 114 days Average Sale Price/List Price: 96.2% Townhomes and Condos in Monument Active homes for sale: 36 Homes sold in June 2008: 1 Average Sale Price: $140,000 Median Sale Price: $140,000 Average Days on Market: 59 days Average Sale Price/List Price: 98% "Based on information from the Pikes Peak REALTOR Services Corp. ("RSC"), for the period June 1-30, 2008.  RSC does not guarantee or is in any way responsible for its accuracy.  Data maintained by RSC may not reflect all re...
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By Nyla Young, GRI, QSC, LHP, ABR
(REMAX PROPERTIES)
At the Foot of Mt. Herman 280 McShane Dr in West Oak Ridge(Just s/w of Monument)   5 bedrooms, 4 baths, 2-car garage 2768 sf on .25 acre lot   WOW! Views are spectacular, yard is large and fully landscaped, tucked away in West Oak Ridge. Wood floors in the eat-in kitchen open and family room with fireplace. Great low-maintenance deck perfect for relaxing and enjoying the awesome views. Fully finished walk-out basement is bright and clean with full bath and extra bedroom that could also be a private office. Everything a family could want and close to the Mountains, hiking trails, Lake Woodmoor, schools, shopping, and the Air Force Academy! Large Eat-in Kitchen w/an island (w/eating counter), Hardwood Floors, and a Corner Sink with VIEWS!   More hardwood in the Dining Area and access to ...
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By Joe Boylan
(SpringsHomes)
The Greenland Open Space is a nice addition to the already great trails that exist in Northern El Paso County and Southern Douglas County, Colorado. Greenland is an easy to moderate hike, bike or ride with a combination of flat sections and some moderate to steepish rolling hills all for the most part well groomed. This is a great place to take the kids or inexperienced mountain bike riders. This 3,600 acres of open space and trails is due to the good deeds of a large number of people. This area was donated to Douglas County and is now part of the larger Front Range Trail.The trail starts in Douglas County just west of I-25 at Greenland Road. Greenland was once a bustling little village and shipping point. By 1871, the Denver & Rio Grande Railroad extended to the site and it was platted...
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By Kathy Torline, Colorado Springs Real Estate Blog 719-287-1049
(ERA Herman Group Real Estate)
80132  Tri Lakes Area Colorado Springs Real Estate Market Report Includes Woodmoor and Jackson Creek         1/1/08 to 3/31/08     Number Sold  40     Median Price of Houses Sold  $    200,144     Average Days on Market               173     List Price to Sales Price 97.05%             1/1/07 to 3/31/07     Number Sold  87     Median Price of Houses Sold  $    402,389     Average Days on Market               137     List price to Sales price 97.20%             Variance from 2007 to 2008 Number Sold     $           (47) -54.02% Median Price of Houses Sold      $  (202,245) -50.26% Average days on market                 (36) -26.3%   Posted by Kathy Torline - Nordstrom KAT, A Colorado Springs Realtor You Can Trust in El Paso & Douglas County; including Colorado Springs, Monument, Fountai...
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By Zane Penley
(Littleton Real Estate)
   Home for Sale Monument CO                                                                                  1315 Ambergate Ct        Property InfoType: Residential Price: $799,000 Beds: 5   Baths: 6 Acres: 2.51  Yr Blt: 2004 Fin. SqFt: 5,179  MLS#: 637021     Property Links    RemarksBeautiful Custom Home On 2.5 Acres. Gourmet Kitchen With Slab Granite, Stainless Appl, Spacious Master With Fireplace, 5 Pc Bath. Gleaming Hardwood Throughout, Main Floor Laundry. Too Much To List!! Finished Garden Level Bsmt With 2 Bedrooms, Wet Bar, Rec Rm Burglar Alarm, Cable Available, Ceiling Fan, Cook Top, Covered Patio, Cul-De-Sac, Dbl Pane Windows, Double Oven, Deck, Disposal, Dishwasher, Eating Space/Kit, Formal Dining, Five Piece Bath, Garage Dr Opener, Gas Logs, , Jack & Jill Bath, Kitchen Isla...
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By Joe Boylan
(SpringsHomes)
Although Monument is generally considered to be part of the Colorado Springs market, those that work in area know it can at times be very different. So, I want to outline what the Monument market looked like in the month of March.  There are currently 437 Active (Existing) homes available in the Tri-Lakes area, this includes Border Shadow AreasThere are 261 New Listings Year to Date The Average Listing Price in the area is $549,133 YTDThere are 45 Sales YTDThe average sales price is $385,433 YTDThe average number of Days on Market is 113 YTDThe percentage of List Price to Sales Price is 96.82%  There is currently a lot of inventory on the market in the Tri-Lakes/Monument market. With fewer new listings coming onto the market in March and the busy Spring selling season just around the co...
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Brookmoor Estates is a maintenance free, gated community. Located in Monument, Colorado. Brookmoor, is conveniently located between Denver and Colorado Springs. This a popular neighborhood for people that have an active lifestyle and don’t want the hassle of the ongoing maintenance required by a regular single family home, especially one located on acreage. This community features snow removal to the front door and driveway. All landscaping is installed by the builder and maintained on a regular basis by the association. Lot sizes in Brookmoor range in size from 8,000 to 13,000 square and the community features some incredible views of Pike’s Peak and the United States Air Force Academy. The exclusive builder for Brookmoor Estates is Spear Builders. Spear, offers seven different ranch p...
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By Jay Carden, Colorado Springs Real Estate Top 10% of Agents!
(RE/MAX Properties, Inc.)
    As an experinced Real Estate professional I have seen many things come up that will ruin a deal.  I call them deal breakers.  Today I will focus on the Buyers.  As we all know buyers really hold the power in many cases to a deal being completed.  They have very little money into the deal, earnest money.  They are sometimes very picky and in today's market they are overloaded with information.  Here are some items to consider when working with buyers:  1.  Failed to Tell the Truth to the lender on initial loan application.  Delay of 1 week to end of contract? 2.  Failed to Tell the Truth to the Realtor.  Delay of a 1 week to deal breaker.  Work only with buyers as Buyer Agents and fully qualify for a loan. 3.  Down Payment Not Verified or Not Available.   Deal Breaker!!! 4.  Finds a ...
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By Derek Wagner, Monument Colorado Realtor
(Wagner iTeam at Keller Williams Hope Realty)
Woodmoor is a Monument neighborhood, in the northern part of Monument, and the furthest northern area of El Paso County. (See Woodmoor Statistics.) Woodmoor, Monument Boundaries: West: I-25 East: Furrow Road (with a small section of Woodmoor to the SE of Furrow and Kings Deer) North: County Line Road South: Higby Road Woodmoor consists of several smaller neighborhoods: Woodmoor, Woodmoor Country Club, Woodmoor Forest, Woodmoor Greens, Woodmoor Highlands, Woodmoor Lode, Woodmoor Vista, Woodmoor Mountain and Woodmoor Nugget. Some Woodmoor homes are located in the rolling foothills, while many homes in Woodmoor are nestled in the trees. Woodmoor is home to ... the Woodmoor Golf and Country Club Lake Woodmoor Lewis Palmer High School and Middle School Tri-Lakes Montessori School Woodmoor is...
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By Joe Boylan
(SpringsHomes)
There were 32 new listings that hit the Tri-Lakes Real Estate Market in October of 2007 the average list price of these newcomers was $474,794 this number is down nearly $18,000 from September. This is not a number that is generally considered a true indicator of valuation trend for an area.  There were14 Homes that went "Under Contract" in the Tri-Lakes area for the month of October, their average price was $423,384, this number was up from the previous month.There were 8 homes that sold in the Tri-Lakes area for the month of October and the average sales price of those homes was $440,833, up again as well from the previous month, once again this is not a true indicator of overall valuation for a particular area.Of the homes that did sell the average number of days on market was 111The...
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Brookmoor Estates features single family detached homes in a maintenance free, gated community. Located in Monument, Colorado, Brookmoor features a healthy mixture of ranch style floor plans ranging in size from 3,493 square feet (1,755 finished) to 4,437 square feet. Additionally, the views from this community are some of the best in northern El Paso County. Brookmoor Estates maintains the look and feel of a luxury mountain enclave through the implementation of strict architectural controls including cement tile roofs, exterior stucco and stone. Brookmoor maintains an open relaxed feel through the implementation of a policy of no fences, swing sets or dog runs. Electronic fencing is strongly recommended for animal control. Community amenities include, snow removal to the front door, in...
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September is over and the numbers are in. Let’s see how the Monument and Tri-Lakes area did.37 New Listings came on the market in September, their Average List Price was $492,65511 Homes went Under Contract, the average list price of those homes was $429,4639 Homes Sold, their Average Sales prices were $418,885There is a $73,770 delta between the average price of a newly listed home and the average price of a home that sold in the month of September.Of the homes that sold their average number of days on market was 84 Months supply has dropped from 11.79 months of inventory in August to 9.82 in September.Upside:The Tri-Lakes market has been slow but the area still has strong fundamentals in place, natural beauty, great quality of life, great schools and good location. There is a growing ...
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By Derek Wagner, Monument Colorado Realtor
(Wagner iTeam at Keller Williams Hope Realty)
Monument - the area just North of Colorado Springs and south of Douglas County and includes the areas of Monument, Palmer Lake and Woodmoor. Monument real estate is also a great alternative for folks looking to commute to Castle Rock or Denver Tech Center, in South Denver. Here is a look at the Monument residential housing market for September 2007: Newly listed homes on the market: 37 Average List Price: $492,655Pending Sales: 11Sold Homes: 9Average Sold Price: $429,463 List Price to Sale Price Ratio: 98.95% Average Days on Market (DOM): 84 Days Comment: Average days on market has dropped from 112 days to 84 days - MUCH close to the surrounding area average. However, the number of sold homes dropped by over half and the new homes on the market dropped by about a third. So, even though ...
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By Joe Boylan
(SpringsHomes)
Infrastructure improvements are generally great news for a subdivision. Although “Jackson Creek” is currently undergoing some major infrastructure improvements (Baptist Road) it hasn’t necessarily been good news, at least for the real estate market.Last November, El Paso County closed Leather Chaps Dr. for a couple of weeks. This is the primary and certainly the most visible entrance to the Jackson Creek Subdivision. Eleven months later the entrance has been reopened. The result for this community has been enormous. Listing inventory has ballooned to over fifty active listings not including builder offerings. Jackson Creek has gone from one the areas hottest to one of it’s best values.Now that the entrance is re opened, our company ERA Shields Real Estate will be hosting a community Ope...
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By Derek Wagner, Monument Colorado Realtor
(Wagner iTeam at Keller Williams Hope Realty)
Monument, Colorado - the area just North of Colorado Springs and part of the Tri-Lakes area is one of our favorite parts of El Paso County and includes the areas of Monument, Palmer Lake and Woodmoor. Monument real estate is also a great alternative for folks looking to commute to Denver Tech Center, in South Denver.Here is a look at the Monument residential housing market for August 2007:Newly listed homes on the market: 57Average List Price: $604,077Pending Sales: 13Sold Homes: 22Average Sold Price: $402,935List Price to Sale Price Ratio: 97.32%Average Days on Market (DOM): 122 DaysComment: Monument homes are staying on the market on average of a month longer than the Colorado Springs average. This may be in part to the mortgage industry reorganization and the difficulty in obtaining ...
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By Alan Daniels
(The Daniels Team - Re/Max Advantage Realty)
Great Home on 2.5 Acre Horse Property!Type: Single Family Home  Front ViewLiving RoomDining Room Looking into Living RoomFamily Room w/ FireplaceDeckDeck / BackyardGarden Area Great Home on 2.5 Acre Horse Property!*WOW! 2.5 ACRE HORSE PROPERTY IN MONUMENT* TREED LOT WITH 2 STALL BARNS AND PARTIAL FENCING* FRONT AND BACK AREAS AROUND HOUSE ARE LANDSCAPED WITH GRASS AND PLANTS* NEW VINYL WINDOWS AND GARAGE DOOR* NEW ROOF AND FRESH PAINT* LOCATED AT END OF CUL-DE-SAC* VERY PRIVATE AND PEACEFUL* WALK-OUT FROM DINING ROOM TO A DECK OVERLOOKING PROPERTY* HUGE FAMILY ROOM IN LOWER LEVEL* VERY CLEAN* Request Even More Information Resale Single Family Home $314,900  Address: 720 Arapahoe Dr City/ST: Monument, CO Zip Code: 80132 Bedrooms: 4   Bathrooms: 3 full, 0 half Square Footage: 2294  MLS# 5...
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By Jennifer Boylan
(Springs Homes Inc.)
Here is some great news for residents of southern Monument and western Black Forest. The eastward extension of Baptist Road to the western portion of Hodgen Road is nearly complete, at this point a signs point to the end of July.This extension should make life easier for those that need to move east and west in that part of the county. This extension will pull a lot of traffic off of Stagecoach Road, great news for homeowners on that street.... continued
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By Joe Boylan
(SpringsHomes)
The latest news on the Baptist Road and Leather Chaps intersection is that it should be re-opened no later then August 10th.The main entrance to the Jackson Creek subdivision, Leather Chaps Drive was closed in November for an estimated four to six weeks. Nearly nine months later the entrance is still closed. This closure has had a significant effect on the Jackson Creek real estate market. Those Realtors that list and sell in the Jackson Creek market hope the opening isn't too little too late. There are some great listings in the subdivision...take a look 
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By Derek and Mariana Wagner, The Artisan Group - Colorado Springs REALTORS®
(The Artisan Group- Keller Williams Premier Realty )
For anyone who did not know, Derek and I originally met because of a skate park - Burnside Skate Park in Portland Oregon, specifically. So, there is always a soft spot in my heart for kids (and parents) looking to raise money for a better skate park. I have always found that when there is a good skate park nearby, kids WILL GO THERE. Not only is this great for parents (they always know where their kids are), but it is also great for kids (they have somewhere to go). Public sidewalks, curbs and railings can be saved from rail slides and "ollies" when there are decent skate park facilities nearby. Monument, Colorado is looking to improve their local skate park. From talking to the kids that are helping to raise money, they need just $50,000 to build a skate park that is fully functional, ...
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