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Archive for the 'Colorado Springs' Category
Townhomes and Condomiums continue to see downward pressure on pricing
Market Report for Condominium and Townhomes in Colorado Springs
Search for Colorado Springs Townhomes and Condominiums
Related Articles:
- Colorado Springs Home — Is a Condo or a Townhome right for you?
- Do you know what your townhome insurance covers?
- Have townhome prices bottomed out?
- FHA loans and Condos — important to know the rules
Townhomes and Condos in Colorado Springs continue to be a BUYERS Market, as there is currently a 9 month of supply of townhomes and condomiums on the market. A 6 month supply of houses on the market is typically considered a “NEUTRAL MARKET“.
- Number of Townhomes and Condos in Colorado Springs sold are only down 1% from 2009 in 2008, but are down substantially from 2006, when 1767 townhomes/condos were sold.
- Average pricing continues to see downward pressure, currently down 7% from 2009 to 2008. 2009 pricing is down 15% from the high in 2006.
- 2010 continues to see more pressure on pricing but units sold is increasing in 2010.
Pinecliff Homes, Northwest Colorado Springs
Homes in Pinecliff are in the Northwest Area in Colorado Springs
Related Articles:
- Homes in Crystal Hills, hidden gems
- Mountain Shadows homes in the foothills
- Colorado Springs Neighborhoods – Pleasant Valley
- Colorado Springs Neighborhood — Pinon Valley
- Homes in Holland Park in West Colorado Springs
The Pinecliff housing market continues to be a Sellers Market, as there is currently a 9 month of supply of homes on the market. A 6 month supply of houses on the market is considered a “NEUTRAL MARKET”. Sales units were down 43% from 2009 to 2008, AND pricing was up 6% from 2009 to 2008. Pricing is continuing to decline in 2010.
Single Family Homes in Pinecliff in Colorado Springs were primarily built from 1972 to 2001, with an average age built in the 1980’s. The majority of the houses are 2-stories, ranches, bi-levels, 2-4 baths, with 1 – 3 car garages, both attached and detached. The average home has appx. 2500 to 3500 square footage.
The area is located in Northwest Colorado Springs, Exit 146 (Garden of the Gods) go West, first Right on Rusina, Left on Elkton, right on point of the Pines.
There are several parks in the Pinecliff area, including PineCliff Park. The school District is District 12; and the majority of students go to Rockrimmon Grade School, Eagleview Junior High and Air Academy High School.
There are also several townhome complexes in the area, Pinecliff and Pebblewood; prices range from $150,000 to $170,000.
|
Pinecliff |
|||||
| Year |
Price |
Total Sold |
Average Price per sq foot |
Average Days on Market |
Average Sold Per Month |
| 2010 |
$330,262 |
8 |
$99 |
218 |
1.1 |
| 2009 |
$345,592 |
14 |
$122 |
119 |
1.2 |
| 2008 |
$323,405 |
20 |
$114 |
150 |
1.7 |
| 2007 |
$368,016 |
32 |
$125 |
96 |
2.7 |
| 2006 |
$286,745 |
23 |
$114 |
72 |
1.9 |
| 2005 |
$287,490 |
38 |
$117 |
85 |
3.1 |
| 2004 |
$312,958 |
37 |
$116 |
71 |
3.1 |
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Kathy (719-287-1049) KTorline@msn.com
Open Houses in Cimarron Hills, Saturday, August 21st
Colorado Springs Open House Extravaganza in Cimarron Hills, Close to Peterson Air Force Base and the Powers Cooridor
Saturday, August 21, 1pm-4pm
Sign in at each home to register for a chance to win a $50 Gift Card at Wal-Mart
1348 Atoka Drive 1250 Nez Perce Dr 7220 Omaha Blvd
For more Information, Contact Kathy Torline at 719-287-1049
King’s Deer in Monument Colorado, majestic homes on 2 1/2 acre lots
My Colorado Springs neighborhood pick of the week — King’s Deer in Monument
Search for Homes in Monument, Zip Code: 80132
- Homes in Crystal Hills, hidden gems
- Mountain Shadows homes in the foothills
- Pinecliff homes, secluded and quiet
- Colorado Springs Neighborhoods – Pleasant Valley
- Woodmoor Homes – Neighborhood Pick of The Week
King’s Deer is a community that is located in Monument, east of I-25, North of 105, east of Furrow, south of County Line, West of Highway 83. It also includes the Kings Deer Golf Course.
Most of the homes in the area area are included in the King’s Deer HOA and the yearly dues are around $200.00.
Single Family Homes in Kings Deer were primarily built from 1995 to 2010 with an average age built of 2002. The majority of the houses are ranches with some 2 storys; with 3 – 4 baths, 3 – 5 bedrooms and 3-5 car garages; both attached and detached. The average home has appx. 4500 to 5500 square footage.
Manitou Springs homes, Market report as of June 30, 2010
Manitou Spring Real Estate , Single Family Homes
Search for Homes in Manitou Springs
Zip Codes: 80829
The Manitou Springs homes continues to be a Buyer’s Market, as there is currently a 14 month of supply of homes on the market. A 6 month supply of houses on the market is considered a “NEUTRAL MARKET”. Sales were only down 11% from 2009 to 2008, but average pricing was down 12% from 2009 to 2008. Sales have continued to increase in 2010, but pricing has continued to decrease.
Recap of 2010, 2009, 2008, 2007, 2006, 2005, and 2004
| 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | |
| Number of Homes Sold |
29 |
51 |
62 |
63 |
90 |
80 |
82 |
| Average List Price |
$269,434 |
$288,154 |
$292,931 |
$326,757 |
$290,533 |
$269,743 |
$254,814 |
| Average Days on Market |
120 |
100 |
101 |
105 |
97 |
97 |
61 |
| Average # of house sold per month |
4.8
|
4.3 |
5.2 |
5.3
|
7.5 |
6.7
|
6.8 |
Current Report as of 6-30-2010 for Manitou Springs homes
- Active listings: 68
- Absorption Rate: 4.8 homes per month, an 14 month supply of houses currently on the market.
This Colorado Springs Real Estate report contains information on Single Family homes in Manitou Springs.
This information is taken from the Pikes Peak Realtor Services Corp and is deemed reliable but not guaranteed.
Market report for homes in Colorado Springs, Central Area as of June 30, 2010
Colorado Spring Real Estate
Market Report for Homes in Downtown Colorado Springs, Single Family Homes
Includes Homes in Downtown, Patty Jewett, Divine Redeemer, Old North End, East End Addition
Zip codes include: 80903, 80907
Search for homes in Downtown and Central Colorado Springs
Related Articles:
The Central part of Colorado Springs housing market continues to be a NEUTRAL Market, as there is currently a 6.75 month of supply of homes on the market. A 6 month supply of houses on the market is considered a “NEUTRAL MARKET”. Sales were up 3% from 2009 to 2008, but average pricing was down 13% from 2009 to 2008. Pricing and Sales have continued to decline in 2010.
Recap of 2010, 2009, 2008, 2007, 2006, 2005, and 2004
June 2010 Market report for Colorado Springs Townhomes
Colorado Spring Real Estate
Market Report for Townhomes & Condominiums
Search for Colorado Springs Townhomes and Condominiums
Related Article:
Townhomes and Condos in Colorado Springs continue to be a BUYERS Market, as there is currently a 9 month of supply of homes on the market. A 6 month supply of houses on the market is typically considered a “NEUTRAL MARKET“.
- Number of Townhomes and Condos in Colorado Springs sold are only down 1% from 2009 in 2008, but are down substantially from 2006, when 1767 townhomes/condos were sold.
- Average pricing continues to see downward pressure, currently down 7% from 2009 to 2008. 2009 pricing is down 15% from the high in 2006.
- 2010 continues to see more downward pressure on pricing by units sold is increasing.
I can’t be there to see it, now what?
Relocating to Colorado Springs
Related Articles:
Occasionally I work with a buyer who is overseas and is intersted in Relocating to Colorado Springs and buying a property that they won’t be able to see in person. Wow, scary stuff for everyone involved. Even with all of the amazing info now available on the Internet, it still doesn’t take the place of seeing the property in person. Here’s some of the additional steps I take, as a Colorado Springs Realtor, to help make sure the buyer gets the most accurate information possible.
- Pictures, pictures and more pictures (and then even more pictures)
I take pictures of everything I can see, including the roof, the furnace, the hot water heater, everything in house. I take pictures of the neighborhood up and down the street, the next door neighbors, the neighbors across the street, the neighbors behind the house, the parks, the schools, the shopping areas that are close by. I try to create the same experience for the buyer that they would have when they actually came visit the house.
I make sure they check out Read the rest of this entry »
They are everywhere
Recap of Colorado Springs Foreclosures Listings, June 15, 2010
Search for Colorado Springs Foreclosed Homes
Related Articles:
The Colorado Springs area saw 788 new foreclosure listings for Colorado Springs bank owned homes come on the market since January 1, 2010 The homes are in a variety of different areas of the city, but the POWERS area in the city had the most foreclosures come back on the market, with 113 new listings. The SOUTHEAST area had 83 new foreclosures come back on the market and FOUNTAIN had 83 foreclosed homes come on the market. There were very few foreclosures listings since January in the Manitou, Peyton, andNorthgate areas.
The average price for current foreclosures on the market is $179,740; and the average prices for foreclosure listings that have sold is $156.614. The average home price in Colorado is currently $233,804. The statistics continue to show that Colorado Springs Bank owned properties are typically priced about 20% below the market place.
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Kathy (719-287-1049) KTorline@msn.com
Colorado Springs Housing prices have started to increase
Colorado Springs Real Estate — prices have started to increase
Must Read Articles
- Schools in the Colorado Springs Area
- High Altitude Tips
- Trees make a neighborhood special
- Relocating, it’s all about the schools
- Government and Military are #1 employers in El Paso County
If you enjoyed reading this article, why not Subscribe to be notified of the next one?
Kathy (719-287-1049) KTorline@msn.com
Colorado Springs realestate market snapshot, May 14th
Colorado Springs realestate market — update for May 14th
For a free market analysis on your neighborhood and home, Email Kathy at KTorline@msn.com
I often times say to my clients that real estate changes on a day to day basis, here’s a quick summary of yesterday’s changes in the market.
Kat’s observations
- 10 of the new listings are in the Southwest Area
- The average Price reduction was $12,500, and the majority of them were in the Southwest and Northwest area
- All of the closed listings were on the West side of town
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
Price Per square foot has BIG variances in Colorado Springs
Colorado Springs realestate, pricing per square footage
For a free market analysis on your neighborhood and home, Email Kathy at KTorline@msn.com
Colorado Springs realestate is just like any other city in that average prices vary vastly in different areas. The local MLS (Multiple Listing Service) breaks down the City into different areas, and within each area there are many different neighborhoods. As part of putting together monthly market statistics, I also put together info on average price per square footage and average price per FINISHED square footage. As you can tell from the info below, average square footage pricing varies vastly in different parts of Colorado Springs. This information is a broad base guideline, as within each area, neighborhoods pricing can vary immensely.
The southwest area, which includes homes in The Broadmoor Area, and homes in Manitou Springs are the highest prices per square foot and homes in Old Colorado City are currently the cheapest per square foot. Homes in the Northeast area, which includes Vista Grande and Pulpit Rock are in the middle of the pack with an average price per square foot of $93.00.
| MLS Area | Average price per square foot | Average Price per FINISHED per square foot | Includes These Neighborhoods |
| Old Colorado City | $ 79.39 | $ 114.99 | Crown Mill Mesa and Gold Hills Mesa |
| Falcon North | $ 79.40 | $ 91.25 | Woodmen Hills |
| SouthEast | $ 81.51 | $ 89.26 | Pikes Peak Park, Soaring Eagles |
| Fountain Valley | $ 82.61 | $ 92.95 | Fountain, Security & Widefield |
| East | $ 83.92 | $ 97.43 | Rustic Hills and Village Seven |
| Peyton | $ 85.93 | $ 103.87 | |
| Central | $ 89.67 | $ 104.20 | Old North End, Downtown, and Patty Jewett |
| Power | $ 89.76 | $ 99.44 | Stetson Hills and Ridgeview at Stetson Hills |
| Black Forest | $ 92.76 | $ 140.90 | |
| Marksheffel | $ 93.13 | $ 98.90 | Meridan Ranch and Banning Lewis Ranch |
| Northeast | $ 93.48 | $ 97.96 | Pulpit Rock, Vista Grande |
| Woodland Park | $ 95.67 | $ 102.82 | |
| Ute Valley | $ 96.12 | $ 112.32 | Cascade and Chipeta |
| Northgate | $ 100.65 | $ 120.12 | Gleneagle |
| Tri-Lakes | $ 107.74 | $ 106.43 | Woodmoor, Kings Deer, and Jackson Creek |
| Briargate | $ 109.21 | $ 99.44 | Windjammer, Gatehouse Village, and Pinecreek |
| Northwest | $ 118.31 | $ 124.64 | Mountain Shadows, Rockrimmon |
| West | $ 119.36 | $ 150.30 | Kissing Camels and Pleasant Valley |
| Manitou | $ 121.25 | $ 159.55 | Crystal Hills and Crystal Park |
| Southwest | $ 126.48 | $ 110.60 | Broadmoor area, Stratton Meadows, Cheyenne Meadows |
This Colorado Springs Real Estate report contains information on Single Family homes in Palmer Lake.
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
First quarter 2010 market report for homes in MONUMENT area
Colorado Spring Real Estate
Market Report for Tri-Lakes, Single Family Homes
Includes Homes in Monument (Kings Deer, Woodmoor, Arrowhead) and Palmer Lake
Search for homes in Monument
Related Articles:
The Monument Real Estate market continues to be a Buyer’s Market, as there is currently a 15 month of supply of homes on the market. A 6 month supply of houses on the market is considered a “NEUTRAL MARKET”. Sales were down 5% from 2009 to 2008, but pricing was only down 3% from 2009 to 2008. Sales and pricing continues to decrease in 2010.
First quarter 2010 market report for homes in SOUTHWEST area in Colorado Springs
Housing Market Report for Southwest Colorado Springs, Single Family Homes
Includes Homes in Broadmoor, Cheyenne Meadows, Broadmoor Bluffs, Quail Ridge
Search for homes in Southwest Colorado Springs
Related Articles:
Homes in Southwest Area continue to be a Buyers Market, as there is currently a 8 month of supply of homes on the market. A 6 month supply of houses on the market is typically considered a “NEUTRAL MARKET”.
- Number of Homes in Southwest Area sold are up by 8% in 2009 vs. 2008. When comparing the high of 801 homes sold in 2005, unit sales are down by 40%.
- Average pricing continues to see downward pressure, currently down 16% from 2009 to 2008. Pricing is actually down 24% from the high of $394,375 in 2007.
- 2010 is continuing to see an increase in sales and a decrease in average pricing.
First Quarter Market Report for Homes in NORTHWEST Colorado Springs
Colorado Spring Real Estate
Market Report for homes in Northwest area, Single Family Homes
Includes homes in Rockrimmon, Mountain Shadows, Peregrin
For a Free Market Analysis on your Colorado Springs neighborhood, email Kathy Torline at KTorline@msn.com
The Northwest housing market continues to be a BUYERS Market, as there is currently 11months of supply of homes on the market. A 6 month supply of houses on the market is considered a “BUYER’S MARKET”. Sales were even from 2009 to 2008, but average pricing was down 11% from 2008 to 2007. In 2010 pricing is starting to see an increase.
Recap of 2010, 2009, 2008, 2007, 2006, 2005, and 2004
National Park Week include FREE entrance fees
Take advantage of the Free Entrance Fees at Colorado National Parks
For a Free Colorado Springs Relocation Guide, Email Kathy Torline at KTorline@msn.com
Related Articles:
- 21 Hidden Gems of Colorado Springs, #1 The Gardens at Monument Valley Park
- 21 Hidden Gems in Colorado Springs, #2 Monument Valley Park
- Hidden Gems in Colorado Springs Parks, #3 North Cheyenne Canon Park
- Garden of the Gods Park, the crown jewel of Colorado Springs
- Check out some Colorado Springs Hiking Trails
For one week only, Colorado native and Secretary of the Interior, Ken Salazar, is waiving entrance fees to national parks, monuments, recreation areas, and historic sites in honor of National Park Week, April 17-25. This is a wonderful opportunity to check out some of the amazing Colorado parks.
Some of my favorite National Colorado parks are Florissant Fossil Beds National Monument, Great Sand Dunes National Park, and Rocky Mountain National Park.
Even though entrance fees will be waived from April 17-25, 2010, the camping fees still apply. If you can’t take advantage of the free Park entry, consider buying an annual pass. The fees for passes are $80 per year, or if you are are 62 or older, you qualify for a lifetime senior pass for just $10. Lifetime passes for disabled folks are free.
Also, if you live close to a National Park, why not become a volunteer? Aside from doing a good deed, the National Parks Service will reward you with an annual pass for free once you have logged 500 volunteer hours. So head on out to the wilderness and experience these magical places during National Parks Week - April 17-25, 2010.
Kathy (719-287-1049) KTorline@msn.com
First Quarter Market Report for Homes in OLD COLORADO CIty in Colorado Springs
Colorado Spring Real Estate
Market Report for Homes in Old Colorado City, Single Family Homes
Includes homes in Crown Hill Mesa, Colorado City, and Old Colorado City
Search for Homes in Old Colorado City
Homes in Colorado Springs Old Colorado City area continue to be a NEUTRAL Market, as there is currently a 7 month of supply of homes on the market. A 6 month supply of houses on the market is typically considered a “NEUTRAL MARKET“.
- Number of Homes in Old Colorado City area in Colorado Springs sold have increased by 15% from 2009 to 2008, but are down substantially from 2005, when 295 homes were sold.
- Average pricing continues to see downward pressure, currently down 7% from 2009 to 2008. 2009 pricing is down 18% from the high in 2005.
- 2010 is continuing to see more homes sold per month, but downward pressure on pricing is continuing.
First Quarter Market Report for Homes in CENTRAL Colorado Springs
Colorado Spring Real Estate
Market Report for Central and Downtown Colorado Springs, Single Family Homes
Includes Homes in Old North End, Patty Jewett, Roswell, East End Addition, Bonnyville, Downtown
Search for homes in Central Colorado Springs
The Central part of Colorado Springs housing market continues to be a NEUTRAL Market, as there is currently a 8.57 month of supply of homes on the market. A 6 month supply of houses on the market is considered a “NEUTRAL MARKET”. Sales were up 3% from 2009 to 2009, but average pricing was down 13% from 2009 to 2008. Pricing and Sales have continued to decline in 2010.
Recap of 2010, 2009, 2008, 2007, 2006, 2005, and 2004
| 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | |
| Number of Homes Sold | 136 | 580 | 561 | 589 | 735 | 802 | 678 |
| Average List Price | $142,832 | $145,306 | $167,910 | $192,233 | $187,102 | $175,122 | $165,234 |
| Average Days on Market | 66 | 71 | 85 | 78 | 62 | 57 | 43 |
| Average # of homes sold per month | 45.3 | 48.3 | 46.8 | 49.1 | 61.3 | 66.8 | 56.5 |
Current Report as of 3-31-10 in Central Area area
- Active listings: 388
- Under Contract and Pending :
- Absorption Rate: 45.3 homes per month, a 8.57 month supply of houses currently on the market
Central Part of Colorado Springs homes are in District 11 School District
- Close to Memorial Hospital and Penrose Hospital
- Close to and the Olympic Training Center
- Close to Colorado College
- Great views of Pikes Peak
- Close to the Colorado Springs School for Deaf and Blind
- 20 Minutes from the Colorado Springs Airport
- 10 minutes from Citadel Shopping Mall
This Colorado Springs Real Estate report contains information on Single Family dwellings in Central Central Colorado Springs
This information is taken from the Pikes Peak Realtor Services Corp and is deemed reliable but not guaranteed.
Have townhome prices bottomed out?
Colorado Spring Real Estate
Market Report for Colorado Springs Townhomes & Condominiums as of March 31, 2010
Search for Colorado Springs Townhomes and Condominiums
Related Articles:
- 5 reasons townhomes make an easy transition from apartment life
- New rules make condo buying harder
- Colorado Springs Home — Is a Condo or a Townhome right for you?
- Do you know what your townhome insurance covers?
Townhomes and Condos in Colorado Springs continue to be a BUYERS Market, as there is currently an 11 month of supply of homes on the market. A 6 month supply of houses on the market is typically considered a “NEUTRAL MARKET“.
- Number of Townhomes and Condos in Colorado Springs sold are only down 1% from 2009 in 2008, but are down substantially from 2006, when 1767 townhomes/condos were sold.
- Average pricing continues to see downward pressure, currently down 7% from 2009 to 2008. 2009 pricing is down 15% from the high in 2006. 2010 pricing has continued the downward trend, and is currently down 9% from 2009. 2009 pricing for Colorado Springs townhomes and condos is down 23% from the high in 2006.
This Colorado Springs Real Estate report contains information on Townhomes and Condomiums in the Colorado Springs Area
This information is taken from the Pikes Peak Realtor Services Corp and is deemed reliable but not guaranteed.
How to avoid information overload when looking at houses
Information overload can be avoided
Search for Homes in Colorado Springs
Related Buyer and Seller Articles:
Since I work with many buyers, I’m always thinking about how I can help the average Colorado Springs first time home buyer look for a home. One of the biggest challenges for first time home buyers is information overload. How do they keep all the information straight? At the end of a full day of showings, how do they remember what they saw?
Here are my top 6 tips to help the Colorado Springs first time home buyer:
- Keep notes on each house as you go through it. Why do you like it, what needs work? What’s the good, the bad, and the ugly?
When you get in the car, write everything down you can about the house. You may think you’ll remember the information later in the day, but if you write it down you know you’ll remember the key points. - Nickname the house. The “bright” house. Or the “70’s house” with the shag carpeting. Or the “cul-de-sac” house. Nicknaming the house will help you keep them straight. After seeing 10 – 15 houses in a day it becomes confusing. All the houses run together.
- If you don’t like the house, get rid of the paperwork or cross it off. (no reason to keep unneeded paperwork as it just adds to the information overload.)
- Take pictures to help you remember the houses and the features you like.
- As you go through the day seeing houses, rank the homes. On a scale of 1 to 10, which house is a 9 or a 10? Write this information down on the MLS property sheet.
- Write down all the pluses and minuses of each home on single piece of paper. That way you can look at all of information on one single sheet vs. flipping thru 20 different sheets.
Remember Knowledge is Power
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Kathy (719-287-1049) KTorline@msn.com
Moving to Colorado Springs ?
Crime information is easy to find
For FREE Colorado Springs Relocation Information, Email Kathy Torline at KTorline@msn.com
Some other articles that could be of interest:
many things I do to answer their question, is to send them to different web sites that gives them the crime stats. In the age of All Things Internet, there is no shortage of information, they just have to be directed on where to find it. Here’s some of my favorite sites:- CBI website http://cbi.state.co.us/ — Gives you everything from registered sex offenders to crime stats.
- http://www.neighborhoodscout.com — When you put in an address for a Colorado Springs neighborhood, it gives you all types of information about the area, including crime stats, a general overview of the area, as well as school information.
- http://www.NeighborhoodScan.com – This site gives you extremely detailed information about sex offenders.
- http://www.spotcrime.com – Maps out crime occurrences, and allows you to pull up details on specific crimes.
- http://www.crimereports.com — Also gives you extremely detailed information about sex offenders.
- http://www.relocationessentials.com — Compares crime in Colorado Springs vs. the national average. As an example, it shows you that Colorado Springs has less rape and burglaries than the national average.
But even with all of the comprehensive national data, the best web site which is chocked full of information is part of the City of Colorado Springs web site. You can pull up a weekly report that shows you the location of crimes by different categories. There is also information on all of the Meth Labs that were discovered in Colorado Springs by year. (See Don’t let your dream house become a nightmare) You can even follow the Colorado Springs Police Department on Twitter.
When you are looking at moving to Colorado Springs, these web sites can help give you a better pictures of neighborhoods you want to live in. Remember, Knowledge is Power
Kathy (719-287-1049) KTorline@msn.com
Top 5 Foreclosures in Central Colorado Springs
Central Homes in Colorado Springs – Market breakdown for Active Homes as of 3-5-10
For a FREE list of Foreclosure Homes, Email KTorline@msn.com
Related Articles:
- Buying a short sale vs. a foreclosure, what’s the difference?
- 9 key things to know about buying a bank repo
- Banks, how low will they go?
- Abandoned pets are foreclosure victims
- 7 reasons to buy a HUD home in Colorado Springs
The Central area is located in historic part of Colorado Springs and homes are in District 11 schools. This area extends from I-25 (west) to Union Blvd. and Circle Drive (east), Circle Drive (south) and Austin Bluffs (north).
Active homes for sale: 253
- Short sales: 35 (11.6%)
- Bank-owned: 11 (3.6)
- Regular: 253 (83.8%)
- HUD: 0
- Government Owned: 1 (.3%)
- VA Owned: 2 (.6%)
Here a list of my Top 5 Colorado Springs CO Foreclosures in the Central Area
|
# |
MLS# |
Area |
BSA |
Address |
PT |
Br/Ba/G |
FLR |
YB |
Fin SQ |
Tot SQ |
LP |
CDOM |
|
1 |
673966 |
CEN |
|
2604 N Meade AV |
SIF |
3,1,2 |
RAN |
1954 |
1,349 |
1,349 |
$149,900 |
197 |
|
2 |
650204 |
CEN |
S/E |
2334 St. Paul DR |
SIF |
3,3,2 |
2 |
2003 |
1,588 |
1,588 |
$155,000 |
10 |
|
3 |
668825 |
CEN |
|
1617 E Platte AV |
SIF |
4,2,2 |
2 |
1941 |
1,988 |
2,409 |
$199,000 |
8 |
|
4 |
631055 |
CEN |
|
823 E Boulder ST |
SIF |
4,2,2 |
2 |
1908 |
1,909 |
2,377 |
$238,900 |
17 |
|
5 |
537856 |
CEN |
|
1435 N Cascade AV |
SIF |
6,6,3 |
2 |
1904 |
6,703 |
7,609 |
$799,900 |
86 |
Calling all Colorado Springs foodies — don’t miss this
Denver Restaurant week — Sat. Feb. 20 – Fri. March 5
Denver Restaurant Week is an annual event – a Colorado favorite. It’s now in it’s 6th annual celebration, and it’s been changed to be a
two-week celebration of the culinary scene in Denver. Participating restaurants will offer a multi-course dinner for the fixed price of $52.80 for two, or $26.40 for one (not including tax or gratuity). Yes, I did type that correct, $52.80 for two. What a deal.
When you go to official the web site, you can search by cuisine, by neighborhood, or by all restaurants. I don’t know how many restaurants are participating this year; but last year there were over 225 restaurants involved.
Since I live just as close to Denver as I do to Colorado Springs, we’re definitely going to go take advantage of the great specials and try out some new restaurants. But for my Colorado Springs readers, Denver is an easy 60 minute drive from Colorado Springs, don’t miss these great restaurant specials. Use is for an excuse to try something new and different.
Here’s the top 3 restaurants on my list:
Root Down I’ve heard great things about this restaurant, so it’s definitely on my list. The reviewers say “It has a terrifically hip, stylish décor — studied yet casually fun. It touts that locally farmed and organic products are used whenever possible. It recycles everything. Oh, and the food is downright impressive.” Read the rest of this entry »
What really happened to our prices?
Colorado Springs Housing Report
Search for homes in Colorado Springs
Must Read Articles
- Schools in the Colorado Springs Area
- High Altitude Tips
- Trees make a neighborhood special
- Relocating, it’s all about the schools
- Government and Military are #1 employers in El Paso County
If you enjoyed reading this article, why not Subscribe to be notified of the next one?
Kathy (719-287-1049) KTorline@msn.com
Celebrate a time of love and friendship
Valentine’s Day in Colorado Springs
Also, make sure to check out one of their Romantic packages.Briarhurst Manor Estate
404 Manitou Ave in Manitou Springs
719-685-1864
Don’t just celebrate Valentine’s for a day this year – celebrate it for a whole week at Briarhurst Manor. They will be featuring a menu that incorporates a fare of “Love and Passion” with a pre fixe six course menu. (If you don’t make it for Valentine’s Day, maybe you’ll want to come for one of their Murder Mystery Dinners.)
Melting Pot
30-A Pikes Peak Ave. in Colorado Springs
719-385-0300
Looking for a special way to spend the most romantic night of the year? Then The Melting Pot is the place for you. You and your date can dip into four courses including a spinach artichoke cheese fondue, lobster, filet mignon, bananas foster, plus much more!
Condomium and Townhome pricing continues to see downward pressure
Colorado Spring Real Estate
Market Report for Colorado Springs Townhomes & Condominiums
Search for Townhomes and Condominiums
Related Articles:
- 5 reasons townhomes make an easy transition from apartment life
- New rules make condo buying harder
- Colorado Springs Home — Is a Condo or a Townhome right for you?
- Do you know what your townhome insurance covers?
Townhomes and Condos in Colorado Springs continue to be a BUYERS Market, as there is currently a 8 month of supply of homes on the market. A 6 month supply of houses on the market is typically considered a “NEUTRAL MARKET“.
- Number of Townhomes and Condos in Colorado Springs sold are only down 1% from 2009 in 2008, but are down substantially from 2006, when 1767 townhomes/condos were sold.
- Average pricing continues to see downward pressure, currently down 7% from 2009 to 2008. 2009 pricing is down 15% from the high in 2006.
Colorado Springs Real Estate Market Report for WEST area
Colorado Spring Real Estate
Market Report for West, Single Family Homes
Includes Homes in Pleasant Valley and Kissing Camels
Search for Homes in WEST area
- Federal Tax credit available for remodeling
- Real Estate Agent or Realtor? What’s the difference?
- Don’t forget about the Better Business Bureau
- What is the MLS?
Homes in Colorado Springs WEST area continue to be a NEUTRAL Market, as there is currently 5.7 months of supply of homes on the market. A 6 month supply of houses on the market is typically considered a “NEUTRAL MARKET“.
- Number of Homes in WEST area in Colorado Springs sold are up 13% more than in 2008, but are down substantially from 2005, when 241 homes were sold.
- Average pricing continues to see downward pressure, currently down 3% from 2009 to 2008. 2009 pricing is down 19% from the high in 2007.
Old Colorado City Housing Market Report for 2009
Colorado Spring Real Estate
Market Report for Old Colorado City, Single Family Homes
Search for Homes in Old Colorado City
- Federal Tax credit available for remodeling
- Real Estate Agent or Realtor? What’s the difference?
- Don’t forget about the Better Business Bureau
- What is the MLS?
Homes in Colorado Springs Old Colorado City area continue to be a NEUTRAL Market, as there is currently a 10 months of supply of homes on the market. A 6 month supply of houses on the market is typically considered a “NEUTRAL MARKET“.
- Number of Homes in Old Colorado area in Colorado Springs sold are 15% more than in 2008, but are down substantially from 2005, when 295 homes were sold.
- Average pricing continues to see downward pressure, currently down 7% from 2009 to 2008. 2009 pricing is down 18% from the high in 2005.
Manitou Springs Housing Market Report, 2009
Housing Market Report for Manitou Springs, Single Family Homes
Includes Homes in Crystal Hills
Homes in Manitou Springs continue to be a Buyers Market, as there is currently a 10.1 months of supply of homes on the market. A 6 month supply of houses on the market is typically considered a “NEUTRAL MARKET”.
- Number of Homes in Manitou Springs sold are down by 18% in 2009 vs. 2008. When comparing the high of 90 homes sold in 2006, unit sales are down by 43%.
- Average pricing continues to see downward pressure, currently down 2% from 2009 to 2008. Pricing is actually down 32% from the high of $326,257 in 2007.
Read the rest of this entry »
Downtown Colorado Springs Homes – Market Report for 2009
Market Report for CENTRAL and DOWNTOWN area, Single Family Homes
Includes Homes in Old North End, Roswell, Bonnyville, Patty Jewett, Downtown
Search for homes in CENTRAL and DOWNTOWN Colorado Springs
Related Articles:
- Federal Tax credit available for remodeling
- Real Estate Agent or Realtor? What’s the difference?
- ILC versus a Survey, what’s the difference?
- Don’t forget about the Better Business Bureau
- Colorado Springs home Improvement — it’s all about the windows
- Preparing your home for a home inspection – Advice for Sellers
- What is the MLS?
Homes in Colorado Springs CENTRAL area continue to be a NEUTRAL Market, as there is currently a 6.7 months of supply of homes on the market. A 6 month supply of houses on the market is typically considered a “NEUTRAL MARKET”.
- Number of Homes in CENTRAL area in Colorado Springs sold are up in 2009 vs. 2008, but are down substantially from 2005, when 802 homes were sold.
- Average pricing continues to see downward pressure, currently down 13% from 2009 to 2008. Pricing is actually down 25% from the high of $192,233 in 2007.
2009 Colorado Springs Market Report for homes in Southwest
Market Report for Single Family Homes in Southwest
Includes Homes in Broadmoor Bluff, Cheyenne Meadows, Quail Ridge, Broadmoor
Search for homes in Southwest Colorado Springs
- Federal Tax credit available for remodeling
- Real Estate Agent or Realtor? What’s the difference?
- ILC versus a Survey, what’s the difference?
- Don’t forget about the Better Business Bureau
- Colorado Springs home Improvement — it’s all about the windows
- Preparing your home for a home inspection – Advice for Sellers
- What is the MLS?
- Number of Homes in Southwest Colorado sold are up in 2008, but are still down substantially from 2005, when 801 homes were sold.
- Average pricing continues to see consistent downward pressure, currently down 16% from 2009 to 2008.
- Average days on market has continued to increase from 97 to 91.
Colorado Springs Real Estate, 2009 Market Report for Northwest Area
Colorado Spring Real Estate
Market Report for Northwest – Single Family Homes
Includes Homes in Rockrimmon, Mountain Shadows, Peregrin, Pinecliff
Homes in Colorado Springs Northwest continue to be a NEUTRAL Market, as there is currently a 4.1 months of supply of homes on the market. A 6 month supply of houses on the market is typically considered a “NEUTRAL MARKET”.
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Number of Homes in Northwest Colorado Springs sold are almost the same as 2008, but are down substantially from 2005, when 532 homes were sold.
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Average pricing continues to see downward pressure, currently down 12% from 2009 to 2008.
Are you ready to toss that fruit cake you got for Christmas?
#33 Unique Things to do #8 – Annual Fruitcake Toss
Search for Homes in Manitou Springs
Looking for something unique to do this weekend? Plan on coming to the 15th Annual Fruitcake Toss held in Manitou Springs. The launch is set to begin at 9:30 am on January 9, 2010 at the Manitou Spring High School. The event used to beld at the Park but it has been moved back to the the High School to allow even more room to fling the fruitcakes.
It’s the dessert that gets no respect
“The worst gift is fruitcake,” Johnny Carson once suggested. “There is only one fruitcake in the entire world, and people keep sending it to each other.” When I was a kid growing up in Kansas, but dad used to get fruitcakes from his customers and suppliers during Christmas. I truly think we threw most of them away, at least I hope we did.
What are the rules for the toss?
The rules of the Fruitcake Toss are pretty entertaining to read, and here are some of my favorites ……….the cakes cannot contain anything inedible, they’ll be inspected by the fruitcake Toss Technical inspector, if you don’t have a Fruitcake you can rent one $1.00, there are weight classes for 2 lb. and 4lb. cakes; and the launch device can’t be powered by fuel.
Read the rest of this entry »
Colorado Springs townhomes, pricing continues to decline
Colorado Springs Townhomes and Condos
Related Articles
Sales continue to be brisk in 2009, and it looks like they will end the year higher in 2009 than 2008. But pricing has continued to see downward pressure.
Colorado Springs is on THE List
America’s Fastest Recovering Cities
Good news for Colorado Springs
Search for Homes in Colorado Springs
For a Free Colorado Springs Relocation Guide, Email Kathy Torline at KTorline@msn.com
I love it when I come across a national article giving Colorado Springs postive recognition. This morning, I happened to see an article
from Forbes about America’s Fastest Recovering Cities.
According to the article, the list was formed by compiling statistics from the 100 largest Metropolitan areas, and the statistics included unemployemnt, housing prices, GMP, Foreclosures, and sales rates.
Heres a link to the complete list; Colorado Springs is #14, Read the rest of this entry »
Manitou Springs pricing holds strong
Manitou Springs Real Estate – Single Family Homes – Market Report for October 31, 2009
Search for Homes in Manitou Springs
Related Articles:
The Manitou Springs Springs housing market continues to be a Buyer’s Market, as there is currently a 15 month of supply of homes on the market. A 6 month supply of houses on the market is considered a “NEUTRAL MARKET”. Sales were only 1% from 2008 to 2007, but average pricing was down 10% from 2008 to 2007. Sales have continued to decline in 2009, but pricing has increased.
Pricing in Southwest Colorado Springs continues to decline
Colorado Spring Real Estate, October 31, 2009
Market Report for Southwest – Single Family Homes, Homes Close to Fort Carson
Includes Homes in the Broadmoor, Cheyenne Meadows, Bluff Bluffs, Quail Ridge
Search for Homes in Southwest Colorado Springs
Related Articles:
The Southwest housing market continues to be a BUYERS Market, as there is currently a 9.7 month of supply of homes on the market. A 6 month supply of houses on the market is considered a “NEUTRAL MARKET”. 2008 Sales units were down 25% from 2007, but 2008 pricing was only down 10% from 2007. Sales have continued to declined in 2009 and pricing has continued to see downward pressure.
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
Related Articles:
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.
Market Report for homes in Central Colorado Springs as of October 31, 2009
Colorado Spring Real Estate
Market Report for homes in Central Colorado Springs, Single Family Homes
Popular Search for homes in Central Colorado Springs
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Search for homes in Downtown Colorado Springs
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Search for homes in Old North End
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Search for home in Patty Jewett
The Central part of Colorado Springs housing market continues to be a NEUTRAL Market, as there is currently a 5.66 month of supply of homes on the market. A 6 month supply of houses on the market is considered a “NEUTRAL MARKET”. Sales were only down 16% from 2008 to 2007, but average pricing was down 5% from 2007 to 2008. Pricing and Sales have continued to decline in Central Colorado Springs in 2009.
Colorado Springs Housing market report – Northwest Area as of October 2009
Colorado Spring Real Estate – Market Report for Northwest – Single Family Homes
For a Free Market Analysis on your neighborhood, email Kathy Torline at KTorline@msn.com or call at 719-287-1049
Must Read Article
The Northwest area in Colorado Springs continues to be a BUYERS Market, as there is currently a 8.45 months of supply of homes on the market. A 6 month supply of houses on the market is considered a “BUYER’S MARKET”. Sales were down 15% from 2008 to 2007, but average pricing was ONLY down 6.5% from 2008 to 2007. 289 Single family Homes have been sold in 2009, a decline of 10% from 2008.
