Market Stats

Jackson Creek Market Stats

Why do Market Stats for an area matter? By looking at the market stats of an area, you can predict the value of homes in a subset of an area. For example, if we look at the overall market statistics for the TriLakes/Monument area, this gives you a good idea of what the market value is for the area of Jackson Creek. 

Median Sales Price

Median Sales Price is the middle price in all of the sales for the quarter, where half of the sales are of lower value and half are of higher value. Median prices are more helpful for Buyers and Sellers to use rather than average prices for the main reason that median prices are unaffected by a few unusually high or low prices, making them more accurate when trying to gauge the middle of the market.

Jackson Creek Median Sales Price

Days on Market

Days on Market is a measure of how many days it took a home to sell. This is an important number because it shows how long the average home takes to sell. When we see homes that have a significantly higher number of days on market then the average, we tend to look for red flags. This number only reflects the the Days on Market for homes that have Sold/Closed for the quarter.

Jackson Creek Days on Market

Sales Price to List Price Ratio

Sales price to list price ratio give an indication of how much home prices dropped before they sold. This can be a misleading statistic because often it references the most recent list price rather than the original list price.

Jackson Creek Sales Price to List Price Ratio

# Listed vs. # Sold

This chart shows the number of homes listed and sold for the given quarter. In some cases the number sold might outnumber the number of homes listed, but this just indicates a very active sales market.

Jackson Creek # Listed vs. # Sold

Based on information from the Pikes Peak REALTOR Services Corp. ("RSC"), for the corresponding period. RSC does not guarantee or is in any way responsible for its accuracy. Data maintained by RSC may not reflect all real estate activity in the market.

Want to Learn More About Jackson Creek Home Values?

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Contact Me

Springs Homes

Jennifer Boylan

5262 N. Nevada Ave #130-483

Colorado Springs, CO 80918

Phone: 719.492.1892

jennifer@springshomes.com