Categories
- For Buyers
- Green
- For Sellers
- Colorado Springs
- Foreclosures and Short Sales
- Colorado Springs Homes
- Military
- Mortgage and Finance
- Real Estate Dictionary
- Uncategorized
House for Sale – PETERSON AFB
House for Sale – EAST
House for Sale – CENTRAL
House for Sale – BRIARGATE
Kathy on Twitter
Kathy on Facebook
Archive for the 'Colorado Springs Homes' Category
Pleasant View, homes in the forest
My Colorado Springs neighborhood pick of the week — Pleasant View
Search for Homes in Northgate in Pleasant View
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
- Pinecliff Homes, Northwest Colorado Springs
Pleasant View homes are in a community that is located in North Colorado Springs, east of I-25, just south of Monument. The neighborhood is North of I-25 to Baptist Road, East of Baptist Road, Right on Tari.
If you enjoyed reading this article, why not Subscribe to be notified of the next one?
Kathy (719-287-1049) KTorline@msn.com
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 |
If you enjoyed reading this article, why not Subscribe to be notified of the next one?
Kathy (719-287-1049) KTorline@msn.com
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.
High end foreclosures on the upswing in Colorado Springs
Foreclosures are going upscale across Colorado Springs
Search for Homes in Colorado Springs
Related Articles:
While the high-end numbers are less in Colorado Springs than the lower-priced foreclosures, there has been a growth that reflects a 
significant shift in the foreclosure landscape and its underlying causes. Mortgage problems have moved upstream; partially because of economic conditions such as unemployment and stock losses. Also in play is a different type of risky loan called option ARM (adjustable rate mortgage) and interest only loans.
It definitely seems like the focus is shifting as we’re seeing more defaults, foreclosures and short sales in the more-affluent Colorado Springs communities. Some national experts emphasize that the foreclosure numbers don’t reflect the extent of distress at the high end. Banks are more likely to pursue short sales in luxury Colorado Springs luxury homes, in which the homeowner stays put while marketing the home for less than is owed on the mortgage.
Experts agreed that high-end homes take longer to become foreclosures because affluent people have more resources, consequently they likely to extend the time they’re struggling to make payments.
I looked over the Post Sale List dated 8-4-2010 from the El Paso Public Trustee’s office, and there is definitely evidence that foreclosures are going upscale. There was one property over $1,000,000 that was foreclosed on, 1 over $700,000, 1 over 500,000; and several over 300,000. When I compare this to the same list over a year ago, there were no Colorado Springs properties foreclosed on over $300,000.
There are currently 52 Bank-owned properties on the Colorado Springs market over $300,000; including several homes in the Broadmoor area, as well as in homes in Black Forest and in Monument.
If you enjoyed reading this article, why not Subscribe to be notified of the next one?
Kathy (719-287-1049) KTorline@msn.com
Foreclosure Home Pick of the Week — South of Colorado Springs
Not all Colorado Springs foreclosure homes are deals
Search for Foreclosures and Short Sales in Colorado Springs
Related Articles
My Foreclosure pick of the week is in Rockcreek area south of Colorado Springs on 2220 Paseo Corto.
It is a single family home and includes over 2500 square feet, with 3 bedrooms, 3 baths, and a 2 car attached garage; as well as a detached 2 car garage. The detached garage doesn’t have a floor or a door; it’s more of a metal enclosure set on the ground than a true garage. The property was built in 1980; and was originally sold for $264,500 in 2003The upsides….. 3 acre lot, beautiful trees and scrub oak on the lot. The house does need some work, which is very typical for a bank owned property.
The downsides ….. very close to Highway 115; you can definitely hear the traffic noise.
The description in the MLS Says: “Unbelievable property with fabulous mountain views. Large property includes a 1000 sq. ft. garage. Home offers hardwood and slate flooring, enclosed back porch. Minutes to Ft. Carson.”
The El Paso County Assessor’s office has it valued at 307,338. At the current list price of $319,900, it may be priced a little over market value, especially considering it is so close to the Highway. There are 14 other properties in the area, priced from $119,900 to $899,900. During the last 6 months, only 2 properties have sold in the same area, ranging from $259,900 to $420,000.
If you would like to find out more about buying a foreclosed home in Colorado Springs
Call Kathy Torline, 719-287-1049 or email KTorline@msn.com
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
Foreclosure pick for July, 5 acre horse property in Monument
Search for Foreclosures and Short Sales in Colorado Springs
Related Articles:
My foreclosure pick of the week is in Monument (located north of Colorado Springs) on 4185 Spaatz Road in Pine Hills in Monument. It’s located west of I-25 and it includes over 4100 square feet, with 4 bedrooms, 3 baths, and a 2 car attached garage.
The upsides….. 5 acre lot, expansive floor plan, beautiful valley views with plenty of square footage. It’s very close to Pike National Forest, hiking trails, and only minutes from downtown Monument. It does need quite a bit of work, but at first glance it mainly looks like cosmetic work including new floor coverings, everything needs painted, appliances are needed, deck needs refinished, and the windows look in bad shape. Couldn’t tell about the roof, or the condition of the well or the heating system; all things to be checked out during an inspection.
The description in the MLS Says: “Great opportunity! 4 bed, 2 bath home with over 4,000 square feet! Tons of living space in this house. The main level features formal living and dining rooms, a family room with a fireplace and a spacious kitchen. Kitchen features a breakfast bar and tile counters and backsplash. There is a sunroom off of the family room which offers tons of natural light for the kitchen and family room area. Basement offers a large rec room and an office. Lots of windows and high ceilings throughout the main level.”
The El Paso County Assessor’s office has it valued at $394464. At the current list price of $272.900, it’s priced below market value. There are 3 other properties in the area, priced from $365,000 to $654.000. During the last 6 months, 4 comparable homes in Monument have sold in the same area, ranging from $275,000 to $406,500; averaging $110.00 per square foot.
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 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
Woodmoor Homes – Neighborhood Pick of The Week
My Colorado Springs neighborhood pick of the week — Woodmoor
Search for Homes in Woodmoor in Monument
Woodmoor is a community that is located in Monument, east of I-25. The neighborhood is east of I-25, north of Higby Road, south of County Line Road. It also includes the Woodmoor Golf Club and Lake Woodmoor.
Most of the homes in the area area are included in the Woodmoor Association and the yearly dues are around $200.00.
Single family homes in Woodmoor in Monument currently range in price from $250,000 to $675,000 There are currently 39 houses for sale, and 7 under contract. The average price per square foot is currently $107.00.
The majority of the houses were built in the 1980’s and range from 2,000 to 7,000 square feet with a 2 car to 4 car garage. All of the homes were custom built, and most of the homes are Ranches and Raised Ranches, but there are also some 2-storys in the area. The current average list price for sold homes in 2009 is $379,808 and the average days on market is 180. Many of the homes have great views of the Front Range and Pikes Peak, and most of them are on .5 to 1 acre wooded lots.
The schools for the area are in District 38. the High School is Lewis Palmer.
Related Articles on Colorado Springs Neighborhoods:
- Homes in Crystal Hills, hidden gems
- Mountain Shadows homes in the foothills
- Pinecliff homes, secluded and quiet
- Colorado Springs Neighborhoods – Pleasant Valley
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.
If you enjoyed reading this article, why not Subscribe to be notified of the next one?
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.
If you enjoyed reading this article, why not Subscribe to be notified of the next one?
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.
Foreclosure pick of the month for April
Colorado Springs Foreclosure – Pick of the Month for April
Search for Foreclosures and Short Sales in Colorado Springs
Must Read Articles
My foreclosure pick of the week is Monument on 19990 Chisholm in the Woodcrest area of Monument. It includes over 4500 square feet, with 5 bedrooms, 4 baths, and a 3 car attached garage. The property was built in 1992; It is a 2 story, and incl
udes a finished basement.
The Upsides
Nice floor plan with plenty of space. Stunning fireplace with floor to ceiling brick, an amazing den with lots of wood and built in shelves. Formal Dining room, gourmet kitchen, open floor plan, plenty of room for a family. Wonderful wood floors on the main level.
The Downsides
Could use some updating, especially in the kitchen and bathrooms. Carpet could also use replaced. But for a bank-owned property, it’s in really good shape.
The Facts
The description in the MLS says: 5 bedroom, 4 bath, 3 car two-story located in Woodcrest with mountain views! 
Country kitchen with hardwoods, island and nook, 5-piece master bath, formal living and dining rooms, finished basement. Neutral Colors. Close to schools and I25.”
The El Paso County Assessor’s office has it valued at $478,000. At the current list price of $374,000 it’s currently priced below market. It is currently owned by the Bank of New York and was foreclosed on in January, 2010. At the current price, it’s at $83.00 a square foot and most of the properties in the Monument area go for close to $110.00 a square foot.
There are 13 other bank-owned properties in area, prices ranging from $237,000 to $995,000 and there 23 short sales in the area.
If you enjoyed reading this article, why not Subscribe to be notified of the next one?
Kathy (719-287-1049) KTorline@msn.com
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
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.
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 |
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
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 Open House, Sunday, January 10th
Come see a move-in ready home in Central Colorado Springs
Search for Homes in Colorado Springs
Kathy will be at an open house this weekend on Sunday from 12:00-3:00pm, you can stop by and see her at this home at 1419 Alexander in Central Colorado Springs; close to Palmer Park and Union. Priced to sell at $175,000.
Refinished Wood Floors, Designer Paint Colors
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”.
-
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.
-
Average pricing continues to see downward pressure, currently down 12% from 2009 to 2008.
Foreclosure in Old Colorado City, Deal or No Deal?
My Colorado Springs foreclosure pick of the week is in Old Colorado City on 2415 W. Platte. It includes over 2300 square feet, with 4![hr10015033-0[1]](http://coloradospringsvintagehomes.com/files/2009/12/hr10015033-01.jpg)
bedrooms, 2 baths, 2 car detached garage.
If you are looking for a fixer upper at a reasonable price in the desirable west side of Colorado Springs located close to Garden of the Gods, then this is the property for you.
Even though the property was built in 1948 and a Vintage Home, the property seems to need a fair amount of work. Let’s first start with the main level, carpets need replaced, but I think there may be wood floors under the carpet on the main floor which is always a bonus. The kitchen could use a complete overhaul, but you could probably keep the existing kitchen cabinets, and redo the floor and the put in appliances. There is some cracking in some of the ceilings, so as usual, you’d want a great structural inspection just to make sure it’s structurally sound. And I think all of the walls would benefit from being re-textured and repainted.
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
-
Search for homes in Downtown Colorado Springs
-
Search for homes in Old North End
-
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.
Colorado Springs Neighborhood Pick of the Week – Sunset Mesa
My Colorado Springs neighborhood pick of the week — Sunset Mesa
Search for Homes in Sunset Mesa 
Open house in Manitou Springs on Saturday, 10-24-09
Come see a move-in ready home in Manitou Springs
Search for Homes in Colorado Springs and Manitou Springs
Kathy will be at an open house this weekend on Saturday from 12:00-3:00pm, you can stop by and see her at this home at 43 Karen Lee Lane in Crystal Hills in Manitou Springs.
This 3 bedroom 2 bath custom designed home is over 2,000 square feet on a idyllic manicured lot.
There are magnificent views of Garden of the Gods from the neighborhood.
Foreclosure pick of the week
Colorado Springs Foreclosure pick of the week
For a FREE List of Foreclosures email Kathy Torline at KTorline@msn.com
My pick of the week is in Palmer Lake on 18710 Cloven Hoof Drive.
It includes over 1500 square feet, with 2 bedrooms, 1 baths, 2 car carport
The property is hidden back off of the road; and if it’s seclusion you want this is the property for you. Like many foreclosures I preview, this one hasn’t had much updating done to it; as well as it needs some additional TLC. It reminded me of a tree house; stuck in the woods with trees everyplace.
It’s on a wonderful wooded lot, but you have to drive up a rutted dirt road to find the place. Definitely secluded and hidden. No garage, but the house is built over a carport; so with some construction expertise you could probably enclose the carport and make it a garage.
The kitchen cabinets looked very well constructed, as at one time I’m sure they were very nice.
The numbers show the Colorado real estate market is improving
Search for Homes in Colorado Springs
Explanation of Days on Market
One of the many ways all Realtors judge their local real estate market is by the Days on Market. If properties are selling quickly, the market is heating up. If homes take a long time to sell, the market is slow.
Let’s first start with some definitions: Days on Market (DOM) in real estate is defined as the number of days a property has been on an Active status in the Multiple Listing Service. The average days on market for single family homes in Colorado Springs for the last quarter ending September 2009 is currently 77 days. For Condos and townhomes it is 97 days.
But an important thing to remember is this number varies on a neighborhood-by-neighborhood and it also varies by different price categories. As an example:
- Briargate Days on Market: 80 (vs. 99 in 2008)
- Central Days on Market: 64 (vs. 79 in 2008)
- Manitou Springs Days on Market: 75 (vs. 124 in 2008) Read the rest of this entry »
What can you buy for $1,000,000 in Colorado Springs?
Market Report for $1,000,000+ homes
Have you ever wondered what homes have recently sold in Colorado Springs in the higher end market?
Overall, there were 2 sales topping $1 million during the month of September 2009.
Related Post: What can I buy for $100,000?
- 8 Berthe Circle – Sold on September 28, 2009 for $1,025,000
According to the description in the MLS: Charming interior. Main level living with beadboard ceiling
s & hand-hewn beams. Entry with brick floor. Great room open to private patio w/brick gas grill & fireplace . Kitchen with hand painted Portuguese tiled counters & fireplace, Big master with peaked wood ceiling, fireplace, private deck, 3 big walk-in closets & updated bath. Secondary bedrooms have interesting slant ceilings & alcoves. Dog run. Private enclosed deck in back.
Square Footage: 5,000
Days on Market: 110
What can I buy for $100,000?
What kind of house can I buy for $100,000 in Colorado Springs?
Search for Homes in Colorado Springs
The number of houses in Colorado Springs that are sold for less than $100,000 has continued to increased substantially over the last couple of years. It’s a great time to be an investor in Colorado Springs and it’s a great time for a first-time home buyer to purchase their first home.
Here’s a quick breakdown of houses SOLD under $100,000 and a comparison to previous years: 
01/01/09 to 08/15/09 769
01/01/08 to 08/15/08 540
01/01/07 to 08/15/07 387
01/01/06 to 08/15/06 469
01/01/05 to 08/15/05 471
Many of the these Colorado Springs homes are being bought by investors who buy the home for less than $100,000 and have payments between $650 to $700 a month. Then they turn around and rent out the homes for $800 to $900 a month.
With foreclosures continuing to be high in El Paso County Read the rest of this entry »
