Colorado Springs Vintage Homes Blog
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What can you buy for $1,000,000 in Colorado Springs?
Market Report for $1,000,000+ homes
Have you ever wondered what homes have recently sold in Colorado Springs in the higher end market?
Overall, there were 2 sales topping $1 million during the month of September 2009.
Related Post: What can I buy for $100,000?
- 8 Berthe Circle – Sold on September 28, 2009 for $1,025,000
According to the description in the MLS: Charming interior. Main level living with beadboard ceiling
s & hand-hewn beams. Entry with brick floor. Great room open to private patio w/brick gas grill & fireplace . Kitchen with hand painted Portuguese tiled counters & fireplace, Big master with peaked wood ceiling, fireplace, private deck, 3 big walk-in closets & updated bath. Secondary bedrooms have interesting slant ceilings & alcoves. Dog run. Private enclosed deck in back.
Square Footage: 5,000
Days on Market: 110
- 5165 Hidden Rock Road – Sold on September 25, 2009 for $950,000
According to the description in the MLS: Beautiful Colorado Living at it’s Best!Stucco with Stone Ranch Style with 4 Easy Living Levels. Open Floor Plan! Finishes are fabulous Alder Wood with many upgrades! Solid Alder 8′Doors. Beveled Wide Plank Wood Flooring throughout main level! Many beautiful Built-Ins! Copper Accents! Radiant Heating! Large Koi Fish Pond with Water Fall & Stream! 400 Sq. Ft. Stamped Patio, Large covered deck! Private Deck off Master Suite! One of the Best areas in High Forest Ranch Backs up to Open Space! Private Gated Community!
Square footage 6,000
Days on Market: 174
CURRENT MARKET REPORT for homes price $1,000,000
- 211 Active listings OVER $1,000,000 as of 9-30-09:
- 8 Under Contract and Pending:
Recap of 1-1-08 to 9-30-09 Activity for houses over $1,000,000
- Homes Sold in the last eight months: 21 (vs. 27 in 2008; vs. 58 in 2007, and 45 in 2006, and 34 in 2005)
- Average days on market: 232
- Absorption Rate: 2.3 houses a month, an 90 month supply of homes on the market
IT’S DEFINITELY A BUYERS MARKET FOR HOUSES PRICED $1,000,000+
This Colorado Springs Real Estate report contains information on Single Family homes
This information is taken from the Pikes Peak Realtor Services Corp and is deemed reliable but not guaranteed.
Contact Kathy Torline for more information KTorline@msn.com 719-287-1049
