The Waldo Canyon Fire was first reported on June 23, 2012, burning in Pike National Forest, three miles (5 kilometers) west of Colorado Springs. Fueled by extremely dry conditions and strong winds, it had burned 18,247 acres (74 square kilometers) by July 5. The blaze severely damaged or destroyed 346 homes, making it the most destructive fire in Colorado history. Mountain Shadows, a neighborhood northwest of the Colorado Springs city center, experienced some of the most severe damage. According to an analysis conducted by the Denver Post, the combined value of the homes that burned to the ground in the neighborhood was at least $110 million.