Colorado Springs Vintage Homes Blog
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Downtown Colorado Springs Homes, August Market Report
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Single Family Homes in Downtown Colorado Springs were built from the 1900’s to the 1940’s. The majority of the houses are ranches and 2-storys, with 2 to 3 bedrooms, 1 -2 baths, and 1 – 2 car garages. The average home has appx.1000 to 1750 square footage. The absorption rate of 1.375 houses per month shows that there is a 9.5 month supply of houses on the market; the housing market is currently a BUYERS MARKET in this area.
Downtown Colorado Springs homes are in District 11 schools
Central Downtown homes are:
- Close to Fort Carson
- Close to Pikes Peak Community College
- 20 Minutes from the Colorado Springs Airport
- 15 – 20 minutes from Citadel Shopping Mall
- Minutes from Downtown Colorado Springs
- 15 minutes from UCCS
- 10 – 15 Minutes from Garden of the Gods
- Minutes from Colorado College
- Great views of Pikes Peak
Recap of August Activity
- Homes sold in the last month: 2
- 703 N. Wahsatch $303,000
- 2024 N. Nevada $361,000
Recap of 1-1-08 to 8-31-08 Activity in the Downtown Colorado Springs
- Homes Sold in the last eight months: 11
- Average Listing Price: $105,000 to 365,000
- Average days on market: 156
Current Report as of 9-2-08 in Downtown Central Area
- Active listings as of 9-2-08: 13
- Under Contract and Pending: 1
- Absorption Rate: 1.375 homes per month, a 9.45 month supply of houses currently on the market
This Colorado Springs Real Estate report contains information on Single Family homes in Downtown.
This information is taken from the Pikes Peak Realtor Services Corp and is deemed reliable but not guaranteed.
If you enjoyed reading this article, why not Kathy (719-287-1049) KTorline@msn.com
