Homes in Colorado Springs CO, Market Report for Vista Grande Terrace

Real Estate Market Report for Vista Grande Terrace

Single Family Homes

Single Family Homes in Vista Grande Terrace were primarily built in the 1970's. The majority of the houses are ranches, bi-levels, and tri-levels with 3 to 4 bedrooms, 2 baths, and 1 - 2 car garages. The average home has appx. 1750 to 2,250 square footage. The absorption rate of 7.8 houses per month shows that there is a 1.3 month supply of houses on the market; the housing market is currently a BUYERS/NEUTRAL MARKET in this area.

Vista Grande Terrace homes are :

• Located in District 11 schools
• Grade School: Keller
• Middle School: Russell
• High School: Doherty

Vista Grande Terrace Homes:

• 20 Minutes from the Colorado Springs Airport
• 15 - 25 minutes to Peterson Air Force Base and Schriever Air Force Base
• 10 - 15 minutes from Citadel Shopping Mall
• 15 - 25 Minutes from Downtown Colorado Springs
• 10 to 15 minutes from UCCS
• Great views of Pikes Peak
• 10 - 15 minutes to Memorial Hospital and Penrose Hospital

Recap of October Home Activity in Vista Grande Terrace in Colorado Springs

• Homes Sold in the last month: 10

Recap of 1-1-08 to 10-31-08 Activity in Vista Grande Terrace

• Homes Sold in the last ten months: 78 (vs. 79 in 2007)
• Average Listing Price: $189,385 (vs. 193,381 in 2007) 2.% DECREASE from 2007
• Average days on market: 96 (vs. 76 in 2007)

Current Report as of 11-16-08 in Vista Grande Terrace

• Active listings: 13
• Under Contract and Pending: 6
• Absorption Rate: 7.8 houses per month

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This Colorado Springs Real Estate report contains information on Single Family homes in Vista Grande Terrace.

This information is taken from the Pikes Peak Realtor Services Corp and is deemed reliable but not guaranteed.

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Posted by Kathy Torline