Colorado Springs Real Estate, Colorado Springs Real Estate Investments, Colorado Springs realty

719.287.1049

ktorline@msn.com

Archive for the 'Real Estate Market Reports' Category

Less Inventory = a more stable Colorado Springs housing Market

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.

I’m not sure if this means we are going to start to see a rise in pricing, but I do think the market has hit bottom.  As usual, time will tell ………………

Existing Single Family Homes on the Market

April 2012               4,433                          Sales 2,289Downtown COS (2)

April 2011                4,866                          Sales 2,252

April 2010                6,228                          Sales 2,382

April 2009                5,304                         Sales  2,009

April 2008                6,787                          Sales 2,298

April 2007                6,372                          Sales 3,007

April 2006                 6,114                          Sales 2,725

April 2005                 6,512                          Sales 2,659

April 2004                 6,181                          Sales 3,068

If you enjoyed reading this article, why not Subscribe to be notified of the next one?

To find out more information about buying a home or an investment property in Colorado Springs area, call ….

Kathy (719-287-1049) KTorline@msn.com

Tags: , , ,

Sales of Historic homes in Old Colorado City remain strong

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

IMG_0172 house

Here’s a quick summary of the Real Estate Market for Old Colorado City Area Colorado Springs as of December 31, 2011Old Colorado City

  • Pricing decreased by 5% from 2011 to 2010
  • Number of homes sold increased by 16% from 2011 to 2010
  • Days on Market increased by 6% from 2011 to 2010

Most Expensive Sale in area:

  • Address:  1710 W. Pikes Peak Avenue
  • Price:  $424900
  • Square Feet:  2464
  • Area:  Old Colorado City

Least Expensive Sale in the area: Read the rest of this entry »

Tags: , , ,

Manitou Springs home pricing continues to decline

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 IMG_1597 houseconsidered 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, with 2-4 baths, with 2-3 car garages.  The average home has appx. 2000 to 3000 square footage.

You can reach the neighborhood by going West on Manitou Blvd, South on Crystal Hills Dr, South on Crystal Hills under Highway 24, then up the hill to Crystal Hills.

There are also several townhome complexes in the area including; Cielito Lindo which are priced from $365,000 – $625,000; and Crystal Park which are priced from $97,500 to $160,000.

The Manitou Parks in the area include Bill Bauers and Deer Valley Nature Park.  The school District is District 14.

Here’s a quick summary of the 2011 Real Estate Market for Crystal Hills

  • Pricing decreased by 11% from 2011 to 2010.
  • Number of holds sold decreased by 15% from 2011 to 2010.
  • Days on Market increased by 2% from 2011 to 2010.
  • Price per FINISHED square feet decreased by 13% from 2011 to 2010.
  • Price per TOTAL square feet decreased by 17% from 2011 to 2010.
  • The pricing for homes in Crystal Hills in Manitou Springs is 19% above the average and pricing in Manitou is 24% above the average pricing for homes in Colorado Springs

Year

Price

Total Sold

Average Price per FINISHED square  foot

Average Days on Market

Average Sold Per Month

2011

$291,157

14

$119

123

1.1

2010

$321,712

16

$135

121

1.3

2009

$356,283

19

$131

138

1.6

2008

$344,872

22

$137

156

1.9

2007

$310,893

17

$146

123

1.4

2006

$351,579

24

$145

73

2.0

2005

$297,923

17

$130

95

1.4

2004

$299,000

13

$121

34

1.1

This Colorado Springs Real Estate report contains information on Single Family dwellings in Manitou Springs area of Colorado Springs

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

If you enjoyed reading this article, why not Subscribe to be notified of the next one?

To find out more information about Colorado Springs, Call ……
Kathy (719-287-1049) KTorline@msn.com

Tags: , ,

Neighborhood Profile — Historic Homes in the Old North End

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:

Single Family Homes in Old North End were primarily built from 1901 to 1981, with an average age built in the 1920’s.  The majority of the houses are 2-stories and ranches, 2-3 baths, downtown turret 10 percentwith 0 – 2 car garages, both attached and detached.

The Old North End housing market continues to be a BUYERS Market, as there is currently a 16 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 North End

  • Average Pricing decreased by 43% from 2011 to 2010
  • Number of homes sold decreased by 53% from 2011 to 2010
  • Days on Market decreased by 5% from 2011 to 2010
  • Price per FINISHED square feet decreased by 3% from 2011 to 2010

The area is located in Central Colorado Springs, between Fillmore and Uintah, East and West of Nevada.  There are several parks in the area, including Monument Valley Park The school District is District 11; and the majority of students to go Steele Grade School, North Junior High and Palmer High School.   The neighborhood is close to Downtown Colorado Springs, Patty Jewett Golf Course, and Penrose Hospital.

Year

Price

Total Sold

Average Price per FINISHED square foot

Average Days on Market

Average Sold Per Month

2011

310932

14

$143

132

1.20

2010

$546,098

30

$164

133

2.50

2009

$282,417

9

$151

83

.75

2008

$219,127

13

$146

147

1.08

2007

$230,058

23

$148

122

1.92

2006

$255,873

32

$160

108

2.67

2005

$283,208

30

$143

98

2.50

2004

$297,817

24

$147

46

2.00

This Colorado Springs Real Estate report contains information on Single Family Homes in The North End.

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

If you enjoyed reading this article, why not Subscribe to be notified of the next one?

To find out more information about Colorado Springs, Call ……
Kathy (719-287-1049) KTorline@msn.com

Tags: , , , ,

Neighborhood Profile — Downtown Colorado Springs

Homes in Downtown Colorado Springs are in the Central Area of the city

Search for Homes in Central Colorado Springs

Zip Code 80903

Related Articles:

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 the houses are ranches and 2 stories, 1-2 baths, with 2 – 4 bedrooms, 1-2 car detached garage.

The Downtown Colorado Springs housing market continues 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 considered a “NEUTRAL MARKET”.

Here’s a quick summary of the 2011 Real Estate Market for Downtown Colorado Springs Read the rest of this entry »

Tags: , , ,

Neighborhood Profile, Gleneagle near the Air Force Academy

Homes in Gleneagle are in the Northgate Area in Colorado Springs, near the Air Force Academy

Search for Homes in Gleneagle IMG_0094 home

Zip Code 80921

Related Articles

Here’s a quick summary of the 2011 Real Estate Market for GlenEagle

  • Pricing increased by 1% in 2011 to 2010.
  • Number of homes sold decreased by 13% from 2011 to 2010.
  • Days on Market increased by 28% in 2011 to 2010.
  • Price per FINISHED square foot decreased by 5% in 2001 to 2010.

Single family homes in Gleneagle in the Northgate area currently range in price from Read the rest of this entry »

Neighborhood Profile, Historic Homes in East End Addition in Colorado Springs

Homes in East End Addition are in the Central Area in Colorado Springs

 Search for Homes in Central Colorado Springs

Zip Code 80909

Related Posts:

Single Family Homes in EAST END ADDITION were primarily built from 1928 to 1953, with an average age built in the 1940’s.  The majority of the houses are ranches, 1-2 baths, with 2 – 4 bedrooms, 1-2 car garages, both attached and detached.  

The East End Addition housing market continues to be a BUYERS Market, as there is currently a 7.5 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 2010 and 2011 Real Estate Market for East End AdditionIMG_7621 EAST END ADDITION

  • Pricing decreased by 3% from 2010 to 2009.  Pricing has increased by 13% in 2011.
  • Number of homes sold decreased by 12% from 2010 to 2009
  • Days on Market decreased by 150% from 2010 to 2009.   Days on market has continued to decrease in 2011.
  • Price per FINISHED square feet decreased by 1% from 2010 to 2009, and it has continued to increase in 2011.

The area is located in Central Colorado Springs,  east of Hancock, west of Union, North of Pikes Peak Avenue, South of Unitah The school District is Read the rest of this entry »

Tags: ,

Pricing is increasing the Monument Area

Monument Colorado Housing, Single Family

Neighborhoods Include:  Palmer Lake, Woodmoor, King’s Deer

Zip code 80132

Search for homes in Monument

Related Articles

sales price 6 30 2011

Here’s a quick summary of the Real Estate Market for Monument

  • Pricing increased by 1% from 2010 to 2009
  • Number of homes sold decreased by 2% from 2010 to 2009
  • Days on Market decreased by 10 % from 2010 to 2009
  • Sales units have decreased in 2011 but pricing has increased.

Most Expensive Read the rest of this entry »

Tags: , ,

Old Colorado City sales remain strong

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

Related Articles

Here’s a quick summary of the Real Estate Market for Old Colorado City Area Colorado Springs as of June 30, 2011

Sales 6 30 2011

  • Pricing increased by 1% from 2010 to 2009
  • Number of homes sold decreased by 10% from 2010 to 2009
  • Days on Market increased by 10% from 2010 to 2009, and days on market has continued to increase in 2011.
  • Pricing has decreased 5% from 2011 to 2010

Most Read the rest of this entry »

Tags: ,

Colorado Springs on list of most affordable Homes in Colorado

 Colorado Springs is affordable

Search for Colorado Springs Homes

Related Articles:

Since I’m a statistic fanatic, I read every article I can that talks about pricing and comparing home prices in Colorado Springs with other parts of the U.S.   Caldwell Banker does a homePalmer Park view of the peak b small listing report that compares pricing in 2300 cities across the U.S.    The report includes a list of the top 10 most expensive markets and the top 10 least expensive market.    6 of the most expensive cities were in California, and some of the least expensive homes were Georgia and Ohio

According to the report, In Colorado, the average four-bedroom, two-bathroom home is $357,556.    The national average price is $293,251.

The top five most affordable Colorado markets were

  • Pueblo at $141,160
  • Alamosa at $186,890
  • Montrose at $208,875
  • Colorado Springs at $222,936
  • Thornton at $234,856

The top 5 least affordable Colorado markets were:

  • Evergreen at $922,183
  • Boulder at $860,671
  • Durango at 472,147
  • Broomfield at 470,345
  • Golden at 470,244

The prices come from the average home listing price between September 2010 and March 2011 in more than 2,300 North American markets.

If you enjoyed reading this article, why not Subscribe to be notified of the next one? 

To find out more information about buying a home or an investment property in Colorado Springs area, call ….

Kathy (719-287-1049)   KTorline@msn.com

 

Tags: ,

Neighborhood Profile, Colorado Springs Country Club area

Homes in Country Club area are in the East/Central Area of Colorado Springs

 Search for Homes in the Country Club Area      Zip Code  80909

Single Family Homes in the Country Club area were primarily built in the 1950’s and 1960s.   The majority of the houses are ranches with 2500 to 3500 square feet, 4 to 5 bedrooms and 3 baths.

 

 

Related Articles

The Country Club housing market continues to be a BUYERS Market, as there is currently a 10 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 2010 Real Estate Market for the Country Club area

Tags: , ,

Townhome and condos continue to see pressure on pricing

Why are Colorado Springs condos and townhomes harder to sell than houses or townhomes?  

The Colorado Springs housing market for Condos and Townhomes continues to see a decline in pricing and  numbers of units sold in 2011.   2010 pricing decreased by 3% from 2009 and 2011 pricing has currently declined by 5% from 2010.    There were more units sold in 2010 vs. 2009.

Search for Colorado Springs Condos and Townhomes

Related Articles:

Market report 4 30 2011

There are 5 main reasons that condos and townhomes are currently harder to sale than a Single Family Home in Colorado Springs

  1. As foreclosures continue to hit the Colorado Springs home market, buyers are now choosing houses over townhomes since they can get them for about the same price. Read the rest of this entry »

Tags: , , , ,

Neighborhood profile: Kissing Camel custom homes in West Colorado Springs

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

Entrance to Kissing Camels

Entrance to Kissing Camels

The Kissing Camels housing market continues to be a BUYERS Market, as there is currently a 19 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 2010 Real Estate Market for Kissing Camels

  • Pricing decreased by 39% from 2010 to 2009
  • Number of homes sold increased by 60% from 2010 to 2009
  • Days on Market decreased by 120% from 2010 to 2009
  • Price per FINISHED square feet decreased by 25% from 2010 to 2009.

Single Family Homes in Kissing Camels are custom homes and were primarily built from 1960 to 1980, with an average age built in 1957.  The majority of the houses are ranches, with 4-5 baths, with 2 to 3 car attached garages.   Average square footage is between 3,500 and 4,500 square feet.  The area does have their own community newsletter, Kissing Camel News.  The neighborhood is one of several areas for Colorado Springs Luxury Homes.
The area is located close to the Garden of the Gods and the Garden of the Garden of the Gods Private Club, East of Mesa Road, West of Centennial Blvd., North of Fillmore.

The community includes 24-hour guarded entry and many home lots have spectacular views of Pikes Peak and the Garden of the Gods .    There are memberships available to the Garden of the Gods Club and Kissing Camels Golf Club.     Homes are located in District 11 schools, with the majority of students going to Coronado High School.

Kissing Camels Homes

Year

Price

Total Sold

Average Price per FINISHED sq foot

Average Days on Market

Average Sold Per Month
2011

$683,833

6

$127

206

1.5

2010

$767,847

21

$161

141

1.75

2009

$1,001,625

8

$192

320

.67

2008

$1,145,598

8

$221

110

.67

2007

$1,095,692

14

$204

183

1.17

2006

$987,721

23

$214

217

.71

2005

$847,353

13

$169

127

1.08

2004

$858,100

18

$171

202

1.50

This Colorado Springs Real Estate report contains information on Single Family homes in Kissing Camels.

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

If you enjoyed reading this article, why not Subscribe to be notified of the next one? 

 To find out more information about buying a home in Colorado Springs or Manitou Springs, call ….

Kathy (719-287-1049)   KTorline@msn.com

Tags: , , ,

Read the fine print on Zestimates

Zillow Zestimate can be a good tool

For more information on receiving a Complete Market Analysis on your Colorado Springs home, Email Kathy at KTorline or call 719-287-1049
What is a Zestimate?

The Zestimate (pronounced ZEST-ti-met, rhymes with estimate) home valuation is Zillow’s estimated market value, computed using a proprietary formula.

How accurate is Zestimate?

Zillow has a complete explanation of estimates on their web site.     Alot of the data they pull is from public records, and it has a chart that shows it’s median error rate.    It states, in El Paso County, the average margin of error of the Zillow Zestimate is 10%, and in Douglas County it’s 9.1%.     What I do GetAttachmentfind interesting, is that it takes a little bit of digging to find this info on their web site about the accurancy; and my guess is that most homeowners and potential buyers don’t even go far enough to find the accuracy chart.   I’ve had many sellers and buyers quote me on what Zillow says a house is worth, and I always tell them that it is a good starting point on value; but more research is required.

Here’s the “fine-print” verbiage about pricing on Zillow’s web site:

“The home data we have compiled to generate a Zestimate home valuation varies by location. Some counties provide all the data we could hope for, but others are lacking such key things as the number of bedrooms and bathrooms, or, in some cases, the square footage of the home. The more data we have, the more accurate the Zestimate. And, we’ve made it easier for our users to help us improve accuracy by incorporating edited home facts into our Zestimate calculations. In some areas, we might not be able to produce a Zestimate at all, but we do have some basic information on the homes. The tables below show you where we have Zestimates and other home information.”

A 10% variance may not sound like much, but on a $200,000 house it can make a swing in pricing of $20,000, or on a $500,000 home that equates to $50,000 price difference.  

In my opinion, the the best source for pricing a property to purchase or to sell, is to have an experienced Realtor who is familiar with the neighborhood complete a comprehensive CMA on a property.    But, having said that, the Zillow web site can provide some good guidelines, as long as you realize there is a margin or error built in the numbers.   It’s a starting point.

 If you enjoyed reading this article, why not Subscribe to be notified of the next one? 

 To find out more information about Colorado Springs, Call ……
Kathy (719-287-1049)   KTorline@msn.com

f

Tags: , , , ,

Neighborhood Profile, Historic homes in the East End Addition in Central Colorado Springs

Homes in East End Addition are in the Central Area in Colorado Springs

Search for Homes in Central Colorado Springs

Zip Code 80909

Related Articles:

 Single Family Homes in EAST END ADDITION were primarily built from 1928 to 1953, with an average age built in the 1940’s.  The majority of the houses are ranches, 1-2 baths, with 2 – 4 bedrooms, 1-2 car garages, both attached and detached.    Many of the homes are consider Historic Colorado Springs Homes.

The East End Addition housing market continues to be a BUYERS Market, as there is currently a 11 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 2010 Real Estate Market for East End Addition

  • Pricing decreased by 3% from 2010 to 2009
  • Number of homes sold decreased by 12% from 2010 to 2009
  • Days on Market decreased by 150% from 2010 to 2009
  • Price per FINISHED square feet decreased by 1% from 2010 to 2009.

The area is located in Central Colorado Springs,  east of Hancock, west of Union, North of Pikes Peak Avenue, South of Unitah The school District is District 11; and the majority of students to go North Junior High and Palmer High School.   The neighborhood is close to Memorial Park, Downtown Colorado Springs, Patty Jewett Golf Course, and Memorial Hospital.

 

 

This Colorado Springs Real Estate report contains information on Single Family homes in East End Addition.
This information is taken from the Pikes Peak Realtor Services Corp and is deemed reliable but not guaranteed.
If you enjoyed reading this article, why not Subscribe to be notified of the next one? 

  To find out more information about buying a home in Monument or Manitou Springs, call ….

Kathy (719-287-1049)   KTorline@msn.com

 

Tags: , , ,

Neighborhood Profile, Historic Old North End in Colorado Springs

Homes in Old North End are in the Central Area in Colorado Springs

Search for Homes in Central Colorado Springs

Zip Code 80903 & 80907

Related Articles:

Single Family Homes in Old North End were primarily built from 1901 to 1981, with an average age built in the 1920’s.  The majority of the houses are 2-stories and ranches, 2-3 baths, with 1 – 2 car garages, both attached and detached.  

The Old North End housing market continues to be a BUYERS Market, as there is currently a 16 month of supply of homes on the market.   A 6 month supply of houses on the market is considered a “NEUTRAL MARKET”.  Table Old North End 2 28 2011

Here’s a quick summary of the 2010 Real Estate Market for Old North End

  • Pricing increased by 41% from 2010 to 2009
  • Number of homes sold increased by 41% from 2010 to 2009
  • Days on Market increased by 53% from 2010 to 2009
  • Price per FINISHED square feet increased by 6% from 2010 to 2009.

The area is located in Central Colorado Springs, between Fillmore and Uintah, East of Nevada.  There are several parks in the area, including Monument Valley.  The school District is District 11; and the majority of students to go Steele Grade School, North Junior High and Palmer High School.   The neighborhood is close to Downtown Colorado Springs, Patty Jewett Golf Course, and Penrose Hospital.

There is also a townhome complex in the area, Wood Avenue.  They were built in 1992 and the HOA’s are current in the high $200.00’s.

 
 

 

 

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

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

If you enjoyed reading this article, why not Subscribe to be notified of the next one? 

 To find out more information about buying a home in Monument or Manitou Springs, call ….

Kathy (719-287-1049)   KTorline@msn.com

 

 

 

Tags: , , , ,

Neighborhood pick of the week, Woodmoor in Monument

Homes in Woodmoor Area are in the Monument Area in Colorado Springs

 Search for Homes in Monument

Zip Code 80132

Related Articles:

Single Family Homes in Woodmoor were primarily built from 1969 to 2008 with an averword chart revised 2 28 2011age age built of1986.  The majority of the houses are ranches with some 2 storys; with 3 – 4 baths, 3 – 5 bedrooms and 2-4 car garages; both attached and detached.  The average home has appx. 2500 to 3500 square footage.          

The Woodmoor housing market continues to be a NEUTRAL Market, as there is currently a 6 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 2010 Real Estate Market for Woodmoor

  • Pricing decreased by 2% from 2010 to 2009
  • Number of homes sold increased by 12% from 2010 to 2009
  • Days on Market decreased by 33% from 2010 to 2009
  • Price per FINISHED square feet increased by 3% from 2010 to 2009.

The School District is 38, and the majority of students to go Palmer Ridge High School.  

Woodmoor area is located East of I-25, South of County Line Road, North of Higby Road, West of Furrow Road.

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

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

If you enjoyed reading this article, why not Subscribe to be notified of the next one? 

 To find out more information about buying a home in Monument or Manitou Springs, call ….

Kathy (719-287-1049)   KTorline@msn.com

Tags: , ,

Townhome sales in Colorado Springs are still seeing downward pressure on pricing

Colorado Spring Real Estate
Colorado Springs Housing Market Report for Colorado Springs Townhomes & Condominiums

Search for Colorado Springs Townhomes and Condominiums

Related Articles:

Townhomes and Condos in Colorado Springs continues to be a BUYERS Market, as there is currently a 8.6  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 were up 8% from 2010 in 2009, but are down substantially from 2006, when 1767 townhomes/condos were sold.
  • Average pricing continues to see downward pressure, currently down 3% from 2010 to 2009.   2009 pricing is down 15% from the high in 2006.   

Recap of 2011, 2010, 2009, 2008, 2007, 2006, 2005, and 2004

 

2011 Year to date

2010

2009

2008

2007

2006

2005

2004

Active

622

 

 

         
Number of Homes Sold

144

1143

1056

1062

1423

1767

1731

1548

Average Sale Price

$133,312

$143,412

$147,805

$158,272

$173,372

$166,335

$152,901

$148,947

Average # of house sold per month

72

95.3

88

88.5

118.6

147.3

144

129

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.

If you enjoyed reading this article, why not Subscribe to be notified of the next one? 

 To find out more information about buying a home in Monument or Manitou Springs, call ….

Kathy (719-287-1049)   KTorline@msn.com

 

 

Tags: , ,

Neighborhood pick of the week, Cedar Heights in west Colorado Springs

Colorado Springs House Market Report for the Cedar Heights neighborhood in WEST area of Colorado Springs, Single Family Homes

Search for Homes in Cedar Heights

Colorado Springs 80904

Related Articles:

Single Family Homes in Pleasant Valley were primarily built in the 1980’s to 1990’s.  The majority of the houses are ranches, with 4 to 6 bedrooms, 3 – 6 baths, and 2 – 4car garages.   The average home has appx. to 4000 square footage.  The absorption rate of .8 homes per month shows that there is a 7.2 month supply of houses on the market; the housing market is currently a BUYERS MARKET in this area.

Here’s a quick summary of the 2010 Real Estate Market for Cedar Heights

  • Pricing decreased by 10% from 2010 to 2009
  • Number of homes sold was same from 2010 to 2009
  • Days on Market decreased by 47% from 2010 to 2009
  • Price per FINISHED square feet increased by 1% from 2010 to 2009.

Recap of 2010, 2009 2008, 2007, 2006, 2005, and 2004

  2010 2009 2008 2007 2006 2005 2004
Number of Homes Sold  10 10 6 7 9 9 12
Average Sold Price  $531,063 $588,360  $641,633  $601,242  $625,866  $632,744  $526,760 
Average Days on Market  165 201 185 138 110 154 81
Average # of house sold per month  .84 .84 .50 .60 .75 .75 1.0

  This Colorado Springs Real Estate report contains information on Single Family homes in Cedar Heights.

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

If you enjoyed reading this article, why not Subscribe to be notified of the next one? 

 To find out more information about buying a home in Monument or Manitou Springs, call ….

Kathy (719-287-1049)   KTorline@msn.com

Tags: ,

Colorado Springs Vintage homes in Pleasant Valley have strong sales in 2010

Colorado Springs Housing Market Information for Pleasant Valley HOMES WEST area of Colorado Springs, Single Family Homes

Search for Homes in Pleasant Valley

Zip Code  80904

Related Articles:

The Pleasant Valley homes 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 2010 Real Estate Market for Pleasant Valley Colorado Springs

  • Pricing decreased by 3% from 2010 to 2009
  • Number of homes sold increased by 7% from 2010 to 2009
  • Days on Market decreased by 6% from 2010 to 2009
  • Price per FINISHED square feet decreased by 4% from 2010 to 2009.

Single Family Homes in Pleasant Valley were primarily built from 1952 to1965, with an average age built in 1957.  The majority of the houses are ranches, with 2-3 baths, with 1-2 car attached garages.   Average square footage is between 1,500 and 2,500 square feet.

The area is located in West Colorado Springs, North of Colorado Blvd, on 31st street, South of Mesa Road.

Homes are located in District 11 schools, With the majority of students going to Coronado High School.

Pleasant Valley

Year

Price

Total Sold

Average Price

per FINISHED sq foot

Average Days on Market

Average Sold Per Month
2010

$208,534

28

$116

83

 2.0

2009

$216,080

21

$123

86

1.8

2008

$207,615

25

$119

39

2.1

2007

$243,500

23

$108

96

1.9

2006

$221,955

43

$126

75

3.6

2005

$207,341

46

$113

72

3.8

2004

$195,460

39

$115

26

3.2

This Colorado Springs Real Estate report contains information on Single Family homes in Pleasant Valley.

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

If you enjoyed reading this article, why not Subscribe to be notified of the next one? 

 To find out more information about buying a home in Monument or Manitou Springs, call ….

Kathy (719-287-1049)   KTorline@msn.com

Tags: , ,


Search for homes

www.KathyTorline.com