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Homes in Colorado Springs, Market Report for North End Sept. 2008

 Colorado Springs Real Estate – Market Report for North End

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Single Family Homes Single Family Homes in North End were primarily built in the 1900’s to 1920’s.  The majority of the houses are ranches and 2-storys, with 3 to 5 bedrooms, 2- 3 baths, and 1 – 2 car garages.   The average home has appx. 1500 to 2500 square footage.  The absorption rate of  1.22 houses per month shows that there is a 10 month supply of houses on the market; the housing market is currently a BUYERS MARKET in this area.  A 6 month supply of houses on the market is considered a “NEUTRAL MARKET“. 

North End is located in the Central Part of Colorado Springs and in District 11 School District

• Grade School:  Steele
• Middle School: North
• High School:  Palmer 

Homes in North End Addition are:

• Close to Memorial Hospital and Penrose Hospital
• Close to and the Olympic Training Center
• Close to Colorado College
• Great views of Pikes Peak
• Close to the Colorado Springs School for Deaf and Blind
• 20 Minutes from the Colorado Springs Airport
• 10 minutes from Citadel Shopping Mall

Recap of September Home Activity in North End in Colorado Springs 

• Homes Sold in the last month:   2
  • 1820 N. Weber (2000 square feet) $175,000
  • 317 E. Cache La Proudre (3155 square feet) $389,900

Recap of 1-1-08 to 9-30-08 Activity in North End

• Homes Sold in the last nine months:   11
• Average Listing Price:  $222,878
• Average days on market:   152

 Current Report as of 10-21-08 in North End

• Active listings:  10
• Under Contract and Pending :  1   
• Absorption Rate:   1.22  houses per month

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

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Kathy (719-287-1049)   KTorline@msn.com

Tags: Colorado springs colorado homes, Colorado Springs Homes, Colorado Springs Real Estate, Colorado Springs Realtor, Historic Colorado Springs Homes, Neighborhoods - Old North End, new homes in Colorado Springs, north end

This entry was posted on Saturday, October 25th, 2008 at 9:38 am and is filed under Neighborhoods - Central and Downtown, Real Estate Market Reports. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

1. George Athannassov said at October 25th, 2008 at 10:52 am

   Very useful information. Very. By the way, read some of the articles here and used the info from you before going ahead and refinancing our home. Thanks. I want to say a bigger “thank you” and please consider that your coffee is on my on all our future COS tweetups.

2. kathytorline said at October 27th, 2008 at 7:32 am

   George: Thanks for stopping by our blog and for the kind comments. Looking forward to meeting you in person at one of the COS tweetups.

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