Colorado Springs Vintage Homes Blog

Old Colorado City pricing holding strong

Colorado Spring Real Estate 

Market Report for Old Colorado City - Single Family Homes

Includes Homes in 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 6.5 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.   Sales are up for 2009 and pricing is holding fairly strong compared to 2008.

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

 Current Report as of  8-20-09 in Old Colorado City 

• Active listings:    132
• Under Contract and Pending  : 31
• Absorption Rate:  14.8 homes per month, a 8.9 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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Kathy (719-287-1049)   KTorline@msn.com

Tags: Colorado Spring Real Estate, Colorado Springs market improving, Colorado Springs Real Estate Market Report, gold hill mesa homes, homes in old colorado city, market, old colorado city homes for sale

This entry was posted on Tuesday, November 24th, 2009 at 9:00 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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