Colorado Springs Vintage Homes Blog

Old Colorado City housing market remains strong

Colorado Spring Real Estate  – Market Report for Old Colorado City - Single Family Homes

 Includes Crown Hill Mesa, Gold Hill, Old Colorado City

Search for Homes in Old Colorado City

The Old Colorado City housing market continues to be a Buyer’s Market, as there is currently a 8.3 month of supply of homes on the market.   A 6 month supply of houses on the market is considered a “NEUTRAL MARKET“.   Sales are down 22% from 2008 to 2007, but 2008 pricing was only down 1.5% from 2007.  In the first 4 months of 2009, sales are continuing at a stronger pace than 2008.

 Recap of 2009, 2008, 2007, 2006, 2005, and 2004 

Current Report as of  5-12-09 in Old Colorado City

• Active listings:    133
• Under Contract and Pending:  36
• Absorption Rate:  16 homes per month, a 8.3 month supply of houses currently on the market

Old Colorado City Homes are:

• District 11 schools
• 15 minutes from Fort Carson
• 15 minutes from Pikes Peak Community College
• 20 Minutes from the Colorado Springs Airport
• 15 – 20  minutes from Citadel Shopping Mall
• 5 -15 Minutes from Downtown Colorado Springs
• 15 minutes from UCCS
• 5 – 10 Minutes from Garden of the Gods
• 5 – 15 minutes from Downtown Colorado Springs
• Great views of Pikes Peak
• Close to the Broadmoor Hotel
• Close to Seven falls
• 10 – 15 minutes to the Cheyenne Mountain Zoo

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

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

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Must Read Posts:

• Buying a home in Colorado – what you should know about making an offer
• How does days on market affect home prices in Colorado Springs?
• Manitou Springs is still a Buyer’s market for homes
• First Quarter 2009 Market report for homes in Northwest Colorado Springs
• First Quarter 2009 Market report for homes in West Colorado Springs

To find out more information about selling or buying a home in Colorado Springs and Manitou Springs

Call Kathy (719-287-1049)  Ktorline@msn.com

Tags: colorado springs area real estate, Colorado springs colorado homes, colorado springs realty, gold hill mesa homes, Market report, Old Colorado City, Old Colorado City Homes

This entry was posted on Tuesday, May 12th, 2009 at 5:36 am and is filed under Neighborhoods - Old Colorado City, 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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