Kathy A. Torline-Nordstrom

Real Estate Market Reports Category

The days are changing

May 2nd, 2013 by Kathy Torline

 Days on Market are continuing to decrease in Colorado Springs Are you moving to Colorado Springs?  Would you like a FREE relocation package? I've written many articles about the importance of understanding the Days on Market, here goes one more.   For Sellers, Days on Market provide an indication of the strength of the market and the average amount of time it takes for a property to go under contract.  For Buyers, it will help them understand the trends in the market.  ...Continue Reading!

Homes in Colorado Springs — Prices are rising

April 23rd, 2013 by Kathy Torline

 Colorado Springs Home Prices are gradually rising Would you a Free Colorado Springs Home Valuation Seems like every newspaper youpick up, or every magazine, talks about the positive change in the housing market.  I preach over and over again to all of my clients about real estate being local, and Coloraod Springs doesn't always follow the national trends. Having said that, real estate in Colorado Springs is mirroring the trends reported in the national news.   Also, it's important to note that during...Continue Reading!

Has low housing inventory in Colorado hurt the real estate market?

January 30th, 2013 by Kathy Torline

Low inventory appears to be hurting the Colorado Springs housing recovery For a free market analysis on your Colorado Spring home, email Kathy at [email protected] or call 719-287-1049 At first glance, it seems like a great time to buy a home in Colorado Springs, or investment properties in Colorado Springs; as prices are still lower and interest rates are cheap.   But, the biggest challenge right now for buyers is the lack of inventory on the market.   It wasn't that long ago that...Continue Reading!

Neighborhood Profile, Luxury homes in Kissing Camels

January 23rd, 2013 by Kathy Torline

Colorado Springs Housing Market Information for the Kissing camel neighborhood in WEST area of Colorado Springs, Single Family Homes Search for Homes in Kissing Camels Zip Code  80904 The Kissing Camels housing market continues to be a BUYER'S Market, as there is currently a 12 month of supply of homes on the market.   A 6 month supply of houses on the market is considered a “NEUTRAL MARKET”. Here's a quick summary of the 2012 Real Estate Market for Kissing Camels Pricing increased by 5% from...Continue Reading!

Colorado Springs Townhome and condo pricing increased in 2012

January 21st, 2013 by Kathy Torline

 Colorado Springs Housing Market Report for Colorado Springs Townhomes & Condominiums Search for  Colorado Springs Townhomes and Condominiums Townhomes and Condos in Colorado Springs continues to be a BUYERS Market, as there is currently only a 3.5 month of supply of homes on the market.   A 6 month supply is typically considered a "NEUTRAL MARKET". The number of Townhomes and Condos in Colorado Springs sold increased 10% from 2012 in 2011, but are down substantially from 2006, when 1767 townhomes/condos were sold. Average pricing,...Continue Reading!

Monument Colorado Real Estate on the increase in 2012

January 17th, 2013 by Kathy Torline

Monument Colorado Real Estate 2012 Market information Single Family Homes Neighborhoods Include:  Palmer Lake, Woodmoor, King's Deer Zip code 80132 Search for homes for sale in Monument Here's a quick summary of the Real Estate Market for Monument for 2012 Pricing increased by 6% from 2012 to 2011 Number of homes sold increased by 10% from 2012 to 2011 Days on Market  increased by 3% from 2012 to 2011 Most Expensive Sale in area: Address:  19516 St. Giles Road Price:  $998,000 Square Feet:  9,971 Price Per Square Foot:  $100.00 Area:   Kings Deer...Continue Reading!

2012 Pricing continued to increase for homes in Central Colorado Springs

January 15th, 2013 by Kathy Torline

 Colorado Springs Housing Market Report for CENTRAL Homes, Single Family Homes Neighborhoods Include:  Homes in Downtown, Patty Jewett, Divine Redeemer, Old North End, East End Addition Zip code 80903 and 80907 Search for homes in CENTRAL Colorado Springs Here's a quick summary of the Real Estate Market for Central Colorado Springs for 2012 Pricing increased by 14% from 2012 to 2011 Number of homes sold increased by 10% from 2012 to 2011 Days on Market increased by 23% from 2012 to 2011 Most Expensive Sale in area: Address: ...Continue Reading!

8 luxury home neighborhoods in Colorado Springs

January 9th, 2013 by Kathy Torline

 Colorado Springs Luxury Real Estate Search for Luxury Homes in Colorado Springs As part of putting together my year-end statistics, where I'm beginning to feel that I've analyzed the market statistics in just about every way possible, I came across some good data on neighborhoods with luxury homes in Colorado Springs.   The lower end market is very robust and has started to see pricing increases, as well as there isn't much inventory on the market, there are still plenty of higher end...Continue Reading!

Pricing in Crystal Hills is on the upswing

December 3rd, 2012 by Kathy Torline

Homes in Crystal Hills are in Manitou Springs Zip Code:  80929 Search for Homes The Crystal Hills housing market continues to be a NEUTRAL/SELLERS Market, as there is currently a 5 month of supply of homes on the market.   A 7  month supply of houses on the market is considered a "NEUTRAL MARKET". Single Family Homes in Crystal Hills were primarily built from 1965 to 2006 with an average age built of 1984.  The majority of the houses are 2-stories, ranches, and raised ranches,...Continue Reading!

Less REO’s, Less Short Sales, Less Inventory

November 13th, 2012 by Kathy Torline

The real estate market is starting to change I just got back from the National Real Estate meeting in Orlando, Florida; and met people from all over the world.   It sounded like some real estate markets were still depressed with many foreclosures on the market and others were going gangbusters with reduced inventory.   I think the Colorado Springs real estate market is somewhere in between the 2 extremes. Less Distressed Sales/Less Short Sales In 2012, there have been 658 closed short sales...Continue Reading!

Why should you care about Absorption Rates?

September 18th, 2012 by Kathy Torline

Absorption rates are important Often times I talk to buyers and sellers about Absorption Rate, and it's one of those terms that probably only make sense to a realtor.   Absorption rate is the result of a calculation used to show how long it will take for all the homes on the market to be sold, or absorbed, at the current rate of homes sales. Absorption rates are important, as they are a good indication of the direction of the market and can...Continue Reading!

Homes in Downtown Colorado Springs continue to sell FAST

September 7th, 2012 by Kathy Torline

Homes in Downtown Central Colorado Springs are in the Central Area in Colorado Springs Zip Code 80903 The Colorado Springs downtown housing market continues to be a SELLERS Market, as there is less than 1 month of supply of homes on the market.   A 6 month supply of houses on the market is considered a “NEUTRAL MARKET. Single Family Homes in Downtown Colorado Springs were primarily built from 1890 to 1924, with an average age built in the 1910's.  The majority of...Continue Reading!

Pleasant Valley Home market going strong

August 14th, 2012 by Kathy Torline

Colorado Springs Housing Market Information for the Pleasant Valley neighborhood in WEST area of Colorado Springs, Single Family Homes Search for Homes in Pleasant Valley Zip Code  80904 The Pleasant Valley housing market continues to be a NEUTRAL Market, as there is currently a 3 month of supply of homes on the market.   A 6 month supply of houses on the market is considered a “NEUTRAL MARKET”. Here's a quick summary of the 2012 Real Estate Market for Pleasant Valley Pricing increased by 1% from 2012...Continue Reading!

Historic Homes in Old Colorado City are seeing price increases

August 7th, 2012 by Kathy Torline

Market Report for Old Colorado City Real Estate, Single Family Homes Neighborhoods Include:  Crown Hill Mesa, Colorado City, and Old Colorado City Zip code 80904, 80905, 80903 Search for homes in Old Colorado City Area Colorado Springs Here's a quick summary of the Real Estate Market for Old Colorado City Area Colorado Springs as of July 31, 2012 Pricing increased by 4% from 2012 to 2011 Number of homes sold increased by 16% from 2011 to 2010 Days on Market increased by 6% from 2011 to...Continue Reading!

Will low housing inventory push up prices?

June 12th, 2012 by Kathy Torline

Colorado Springs Housing Inventory at a 10 year low -- what does it mean Search for Colorado Springs Homes Related Articles: Neighborhood Profile, Historic homes in the East End Addition in Central Colorado Springs Average prices have increased for Homes in Central Colorado Springs 9 neighborhoods with Historic Colorado Springs Homes 11 areas to find Colorado Springs Historic properties The inventory of homes for sale in Colorado Springs Housing has dropped substantially from years past.   In May of 2006, there were 5794 homes on the market; in...Continue Reading!

Neighborhood Profile, Pleasant Valley in Colorado Springs

May 31st, 2012 by Kathy Torline

Colorado Springs Housing Market Information for the Pleasant Valley homes in WEST area of Colorado Springs, Single Family Homes Search for Homes in Pleasant Valley Zip Code  80904   The Pleasant Valley housing market continues to be a NEUTRAL Market, as there is currently a 4 month of supply of homes on the market.   A 6 month supply of houses on the market is considered a “NEUTRAL MARKET”. Here's a quick summary of the 2011 Real Estate Market for Pleasant Valley Pricing decreased by 6% from...Continue Reading!

Less Inventory = a more stable Colorado Springs housing Market

May 3rd, 2012 by Kathy Torline

Colorado Springs housing inventory is down Search for Colorado Springs Homes Why should you care that there is less inventory on the market? Real estate has always been about supply and demand. When there are more houses on the market then the demand, the market conditions start to adjust and pricing goes down. When there is less houses on the market, pricing starts to stabilize and go up.   As the information listed below, housing inventory, is down.  In fact, it's way down. ...Continue Reading!

Sales of Historic homes in Old Colorado City remain strong

April 3rd, 2012 by Kathy Torline

Colorado Springs Housing Market Report for Old Colorado City Homes, Single Family Neighborhoods Include:  Crown Hill Mesa, Colorado City, and Old Colorado City Zip code 80904, 80905, 80903 Search for homes in Old Colorado City Area Colorado Springs Search for Colorado Springs Historic Homes Here's a quick summary of the Real Estate Market for Old Colorado City Area Colorado Springs as of December 31, 2011 Pricing decreased by 5% from 2011 to 2010 Number of homes sold increased by 16% from 2011 to 2010 Days on Market...Continue Reading!

Manitou Springs home pricing continues to decline

March 26th, 2012 by Kathy Torline

Homes in Crystal Hills are in Manitou Springs Search for Homes in Crystal Hills Search for Homes in Manitou Springs Zip Code:  80929 The Crystal Hills housing market continues to be a BUYERS Market, as there is currently a 5 month of supply of homes on the market.   A 6 month supply of houses on the market is considered a "NEUTRAL MARKET". Single Family Homes in Crystal Hills were primarily built from 1965 to 2006 with an average age built of 1984.  The majority...Continue Reading!

Neighborhood Profile — Historic Homes in the Old North End

January 27th, 2012 by Kathy Torline

Homes in North End are in the Central Area in Colorado Springs Search for Homes in Central Colorado Springs Zip Code 80903 & 80907 Related Articles: Neighborhood Profile, Historic homes in the East End Addition in Central Colorado Springs Average prices have increased for Homes in Central Colorado Springs 9 neighborhoods with Historic Colorado Springs Homes 11 areas to find Colorado Springs Historic properties   Single Family Homes in Old North End were primarily built from 1901 to 1981, with an average age built in the 1920's.  The...Continue Reading!