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Colorado Springs Old North End, Market Report for November

Colorado Springs Real Estate – Market Report for Old North End Neighborhood – Single Family Homes

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Single Family Homes in Old 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. 2500 to 3500 square footage.  The absorption rate of   3.18 houses per month shows that there is a  5.5   month supply of houses on the market; the housing market is currently a NEUTRAL -BUYERS MARKET in this area.   A 6 month supply of houses on the market is considered a “NEUTRAL MARKET“ 

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

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

Old North End homes are:

• Close to and the Olympic Training Center
• Close to Colorado College
• Great views of Pikes Peak
• Close To Penrose/St. Francis Hospital
• 10-15 minutes from Citadel Shopping Mall
• Minutes from Downtown Colorado Springs
• Close to the Colorado Springs Fine Arts Center

Recap of November Activity

• Homes Sold in the last month:    1
  • 20 W. Monroe  2808 Square Feet   $592,000

Recap of 1-1-08 to 11-30-08 Activity in The Old North End

• Homes Sold in the last eleven months:     35
• Average Listing Price:   $429,932
• Average days on market:   108

 Current Report in the Old North End

• Active listings:   17
• Under Contract and Pending:   1
• Absorption Rate:  3.18 houses per month 

This Colorado Springs Real Estate report contains information on Single Family homes in Old North End.

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 co real estate, Colorado springs colorado homes, Colorado Springs Real Estate, Colorado Springs Realtor, Homes in Colorado Springs, homes in Old north End, Old North End Homes, realty

This entry was posted on Saturday, December 27th, 2008 at 6:05 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.

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