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Real Estate Market Reports Category

Will the Zillow and Trulia merger change anything in Colorado Springs?

Colorado Springs Vintage Homes Blog  Zillow, Trulia, and Colorado Springs and real estate Search for all homes for sale in Colorado Springs The big news in Real estate this week is the announced merger between Trulia and Zillow; essentially Zillow is purchasing Trulia.  The 2 companies have competed head to head for the last several years, and even though they have differences, they were very similar. Zillow seems to attract more potential sellers, because of their Zesstimate feature, and Trulia's buyer friendly web site seems to attract more...Continue Reading!

June 30, 2014 Colorado Springs Real Estate Market Trends

Colorado Springs Vintage Homes Blog Colorado Springs Real Estate Market Trends As of June 30, 2014 Search for all homes for sale in Colorado Springs Single Family Homes for Sale as of June 30, 2014: 4719  Single Family Homes under contract as of June 30, 2104 1364   # of Homes sold in June 2014: 899   # of Homes sold in June 2013: 1114 Average Sold Price in June 2014: $266,211    Average Sold Price in June 2013: $258,119 Average Days on Market in June 2014: 81      Average Days on Market in June...Continue Reading!

2014 Homes sales for January and February aren’t as strong as last year

Colorado Springs Vintage Homes Blog Colorado Springs Homes Prices continue to stay strong Are the sales for the first two months an indication of the sales for the year? Search for Colorado Springs Homes #IDX-quickSearchForm { position: relative; height: 250px; width: 210px; } #QS-minPriceField { position: absolute; width: 100px; height: 22px; left: 92px; top: 33px; } #QS-maxPriceField { position: absolute; width: 100px; height: 22px; left: 92px; top: 63px; } #QS-minSqftField { position: absolute; width: 100px; height: 22px; left: 92px; top: 93px; } #QS-minRoomsField { position: absolute; width: 100px;...Continue Reading!

2013 Housing report for Central Colorado Springs

Colorado Springs Vintage Homes Blog Colorado Springs Housing Market Report for CENTRAL Homes, Single Family Homes Neighborhoods Include:  Homes in Downtown, 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 2013. Pricing increased by 5% from 2013 to 2012 Number of homes sold increased by 22% from 2012 to 2011 Days on Market decreased by 35% from 2012 to 2011 Most Expensive Sale in area: Address:  707 S. Hancock Price:  $24,900 Square...Continue Reading!

Homes in Briargate continue to sell briskly

Colorado Springs Vintage Homes Blog Colorado Springs Housing Market Report for Briargate Homes, Single Family Includes  Homes in Pine Creek, Windjammer, Gatehouse Village, Summerfield Zip code 80923, 80920, 80924 Search for homes in Briargate Here's a quick summary of the 2013 Real Estate Market for Briargate: Pricing has increased by 9% in 2013 Number of homes sold continues to be on pace to increase in 2013 vs. 2012. Days on Market has increased by 3% in 2012 vs. 2011 Most Expensive Sale in area: Address:  9950 Highland Glen Place Price:  $1,395,000 Square Feet:  5834 Price Per Square...Continue Reading!

The days are changing

Colorado Springs Vintage Homes Blog  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

Colorado Springs Vintage Homes Blog  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?

Colorado Springs Vintage Homes Blog 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

Colorado Springs Vintage Homes Blog 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

Colorado Springs Vintage Homes Blog  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

Colorado Springs Vintage Homes Blog 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

Colorado Springs Vintage Homes Blog  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

Colorado Springs Vintage Homes Blog  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

Colorado Springs Vintage Homes Blog 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

Colorado Springs Vintage Homes Blog 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?

Colorado Springs Vintage Homes Blog 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

Colorado Springs Vintage Homes Blog 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

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

Colorado Springs Vintage Homes Blog 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?

Colorado Springs Vintage Homes Blog 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!