Colorado Springs Vintage Homes Blog

Downtown Colorado Springs, November Market Report for November 2008

Colorado Springs Real Estate - Market Report for Downtown – Single Family Homes

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Single Family Homes in Downtown Colorado Springs were built from 1900 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 .81 houses per month shows that there is a 12.2 month supply of houses on the market; the housing market is currently a BUYERS MARKET in this area. 

Central Downtown area neighborhood is located in the Central area of Colorado Springs and in District 11 schools

• Middle School:  North  
• High School:  Palmer 

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 10 – 15 Minutes from Garden of the Gods
• Minutes from Colorado College 
• Great views of Pikes Peak

Recap of November Activity

• Homes Sold in the last month:  2 
  • 826 S. Nevada  2018 Square Feet  $52,000
  • 321 S. Cedar  Street   1857 Square Feet  $145,200 

Recap of 1-1-08 to 11-30-08 Activity in the Downtown Central Area

• Homes Sold in the last eleven months:   9
• Average Listing Price:  $177,133
• Average days on market:   102

 Current Report as of 12-15-08 in Downtown Central Area

• Active listings:  10
• Under Contract and Pending:   2 
• Absorption Rate:   .81  homes per month, a 12.2  month supply of houses currently on the market

This Colorado Springs Real Estate report contains information on Single Family homes in Downtown Central.

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

Search for homes in Downtown Colorado Springs

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

Tags: colorado springs co real estate, colorado springs colorado real estate, Colorado Springs Real Estate, downtown Colorado Springs homes, downtown colorado springs real estate, Homes in Colorado Springs

This entry was posted on Thursday, December 25th, 2008 at 12:52 pm 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.

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