Colorado Springs Vintage Homes Blog
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Archive for the 'Neighborhoods - Central and Downtown' Category
Homes in Central Colorado Springs, a little bit of history
Homes in Central Colorado Springs
Search for Colorado Springs Historic Homes
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Every realtor has parts of town that they love; where they are always excited to show homes. For me, it’s in the Central areas in Central Colorado Springs. I find the old houses so interesting, only wish they could talk to me and tell me their story. Who lived in them, who did the last remodels, what have they seen during their life? Some of these older neighborhoods, have generations of families who have lived in the area for 40 to 50 years; and they are a wealth of information about the homes and previous owners, and Colorado Springs History.
I often get asked about different neighborhoods and the average prices in certain areas; and thought it may be helpful to share some information I put together on a few of the popular neighborhoods in central Colorado Springs. The information includes averages on the year built, price per square foot, and the number of homes that sold in the subdivision in 2011.
The Old North End and Downtown, continue to be very popular areas with home buyers interested in Historic Homes. Prospect Park and Stratton Meadows have became a very popular area with investors; as it’s a very popular area for renters.
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?
Kathy (719-287-1049) KTorline@msn.com
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
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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 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?
Kathy (719-287-1049) KTorline@msn.com
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
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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 »
11 areas to find Colorado Springs Historic properites
Where are the Historic Homes in Colorado Springs?
Search for Colorado Springs Homes
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There are many neighborhoods in Colorado Springs with Historic homes, but these are some of the prime areas:
1. Old Colorado City
- Location: Historic West side of Colorado Springs
- Year Built: 1890 to 1920
- Currently 10 properties for sale built before 1940
- Price Range: $89,000 to $369,900
- Average Price: $172,770
2. Colorado City
- Location: South of Uintah, between 30th and 21st
- Year Built: 1887 to 1923 to 1920
- Currently 4 properties for sale built before 1940
- Price Range: $74,900 to $279,000
- Average Price: $158475
3. Downtown Central
- Location: South of Unitah, east of Nevada, West of North Hancock, Central Colroado Springs
- Year Built: 1889 to 1923 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
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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 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 »
Neighborhood Profile, Historic Old North End in Colorado Springs
Homes in North End are in the Central Area in Colorado Springs
Search for Homes in Central Colorado Springs
Zip Code 80903 & 80907
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 30 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 North End
- Pricing increased by 41% from 2010 to 2009
- Number of homes sold increased by 70% from 2010 to 2009
- Days on Market increased by 40% from 2010 to 2009
- Price per FINISHED square feet increased by 7% from 2010 to 2009
- Number of homes sold in 2011 is similar to 2009, currently at 8 for 2011
- The prices of active listings currently range from $144,000 to $2,250,000
- The average house currently on the market was built in 1919 and is priced at $546,098
- There are 387 homes in the neighborhood
- There are currently 4 homes in pre-foreclosure and 1 bank-owned home in the neighborhood.
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.
This Colorado Springs Real Estate report contains information on Single Family in Historic Old North End
This information is taken from the Pikes Peak Realtor Services Corp and is deemed reliable but not guaranteed.
Kathy (719-287-1049) KTorline@msn.com
Bargain time in Central Colorado Springs
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
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- Colorado Springs Home Values, square footage price varies
- Colorado Springs Neighborhood — Pinon Valley
- Homes in Holland Park in West Colorado Springs
- Homes in Mountain Shadows remain strong
- Neighborhood Profile, Pinecliff in Northwest Colorado Springs
Here’s a quick summary of the Real Estate Market for Central Colorado Springs for 2010 and for the first half of 2011 Read the rest of this entry »
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
- Colorado Springs Home Values, square footage price varies
- Neighborhood Pick of the week, Pleasant View near the Air Force Academy
- Colorado Springs Neighborhood — Pinon Valley
- Homes in Holland Park in West Colorado Springs
- Houses in Flying Horse are seeing a price increase
- Homes in Mountain Shadows remain strong
- #808080″>Colorado Springs Vintage homes in Pleasant Valley have strong sales in 2010
- Neighborhood pick of the week, Cedar Heights in west Colorado Springs
- Neighborhood pick of the week, Woodmoor in Monument
- Neighborhood Profile, Historic Old North End in Colorado Springs
- Neighborhood Profile, Historic homes in the East End Addition in Central Colorado Springs
- Neighborhood Profile, Pinecliff in Northwest Colorado Springs
- Neighborhood profile: Kissing Camel custom homes in West Colorado Springs
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
- Pricing decreased by 6% from 2010 to 2009
- Number of homes sold increased by 82% from 2010 to 2009 Read the rest of this entry »
Acacia Park, part of the landscape of downtown
Acacia was the first Colorado Springs Park, dedicated in 1871
Nothing makes a downtown area more special than a park, and Acacia Park in Colorado Springs is part of the character of downtown Colorado Springs
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Acacia Park (115 E. Platte Ave.) is located in the heart of Downtown Colorado Springs. The park currently includes a band shell, horseshoe court, picnicking, playground, public phone, restrooms, shuffleboard, and the famous Uncle Wilbur Fountain.
According to the information on the Colorado Springs Government web site: “When Colorado Springs filed the original town plat in 1871, it included one city block as the first city-owned park. The park, known as North Park or Acacia Square is the site of the present-day Acacia Park.”. I absolutely love the idea that the founding fathers of Colorado Springs dedicated some of our parks back in the late 1800’s.
During the summer time, the park is the site for the Monday farmers market and Uncle Wilbur’s Fountain, a fountain with over 200 water jets, 52 of which are part of a play area where kids run and try to top the streams. Uncle Wilbur’s Fountain opened in 2001 and is owned by the City of Colorado Springs. It cost over $1 millon to build and was financed a local non-profit organization. Private donors funded the plaza and benches around the fountain, while the fountain’s upkeep is maintained by “Friends of the Fountain,” a non-profit group formed by the Smokebrush Foundation. If you would like information on how to donate time or money to the Fountain, the web site will give you the details.
There is currently a movement by HB & A Architects to gather ideas and concepts on how to continue to revitalize the park. If you have an interest in some of the concepts for the future of the park, here’s a link to Acacia Park Concepts.
If you enjoyed reading this article, why not Subscribe to be notified of the next one?
Kathy (719-287-1049) KTorline@msn.com
9 neighborhoods with Historic Colorado Springs Homes
Are you looking to buy a Historic Home in Colorado Springs?
Search for Colorado Springs Homes
Related Articles:
If you are interested in buying a Historic Home in Colorado Springs, here’s a quick listing of some of the neighborhoods you may want to check out:
-
Old Colorado City
-
Location: Historic West side of Colorado Springs
-
Year Built: 1890 to 1920
-
Currently 59 properties for sale built before 1940
-
Price Range: $41,000 to $495,000
-
Average Price: 172,766
-
-
Old North End
-
Location: Central Colorado Springs
-
Year Built : 1910 – 1930
-
Price Range: $129,900 to $999,999
-
Average Price: $482,190
-
-
East End Addition
-
Location: Central Colorado Springs
-
Year Built: 1920 – 1940
-
Price Range: $175,000 to $264,000
-
Average Price: $217,425
-
-
Ivywild
-
Location: Southwest Colorado Springs
-
Year Built: 1900 – 1940
- Price Range: $85,000 to $195,000
- Average Price: $157,190 Read the rest of this entry »
-
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:
- Colorado Springs Home Values, square footage price varies
- Neighborhood Pick of the week, Pleasant View near the Air Force Academy
- Colorado Springs Neighborhood — Pinon Valley
- Homes in Holland Park in West Colorado Springs
- Pinecliff Homes, Northwest Colorado Springs
- Houses in Flying Horse are seeing a price increase
- Homes in Mountain Shadows remain strong
- Colorado Springs Vintage homes in Pleasant Valley have strong sales in 2010
- Neighborhood pick of the week, Cedar Heights in west Colorado Springs
- Neighborhood pick of the week, Woodmoor in Monument
- Neighborhood Profile, Historic Old North End in Colorado Springs
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.
To find out more information about buying a home in Monument or Manitou Springs, call ….
Kathy (719-287-1049) KTorline@msn.com
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:
- Colorado Springs Home Values, square footage price varies
- Neighborhood Pick of the week, Pleasant View near the Air Force Academy
- Colorado Springs Neighborhood — Pinon Valley
- Homes in Holland Park in West Colorado Springs
- Pinecliff Homes, Northwest Colorado Springs
- Houses in Flying Horse are seeing a price increase
- Homes in Mountain Shadows remain strong
- Colorado Springs Vintage homes in Pleasant Valley have strong sales in 2010
- Neighborhood pick of the week, Cedar Heights in west Colorado Springs
- Neighborhood pick of the week, Woodmoor in Monument
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”. 
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?
Kathy (719-287-1049) KTorline@msn.com
Average prices have increased for Homes in Central Colorado Springs
Colorado Spring Real Estate, Market Report for Single Family Homes in Central Colorado Springs
Includes Homes in Downtown, Patty Jewett, Divine Redeemer, Old North End, East End Addition
Zip codes include: 80903, 80907
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 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 7% from 2010 to 2009, but average pricing was up 13% from 2010 to 2009. Days on Market has continued to increase from 2009 to 2010.
Recap of 2010, 2009, 2008, 2007, 2006, 2005, and 2004
| 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | |
| Number of Homes Sold | 537 | 580 | 561 | 589 | 735 | 802 | 678 |
| Average List Price | $162,780 | $145,306 | $167,910 | $192,233 | $187,102 | $175,122 | $165,234 |
| Average Days on Market | 105 | 71 | 85 | 78 | 62 | 57 | 43 |
| Average # of homes sold per month | 44.8 | 48.3 | 46.8 | 49.1 | 61.3 | 66.8 | 56.5 |
Current Report as of 1-4-10 in Central Area area
- Active listings: 366
- Under Contract and Pending : 55
- Absorption Rate: 44.8 homes per month, a 8.2 month supply of houses currently on the market
This Colorado Springs Real Estate report contains information on Single Family Homes in Central 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 buying a home or an investment property in Colorado Springs area, call ….
Kathy (719-287-1049) KTorline@msn.com
Housing sales in Central Colorado Springs have continued to increase
Colorado Spring Real Estate, Market Report for Central 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 Central Colorado Springs
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The Central part of 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”. Sales were up 3% from 2009 to 2008, but average pricing was down 13% from 2009 to 2008. Pricing and Sales have continued to increase in 2010.
Recap of 2010, 2009, 2008, 2007, 2006, 2005, and 2004
| 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | |
| Number of Homes Sold | 312 | 580 | 561 | 589 | 735 | 802 | 678 |
| Average List Price | $163,093 | $145,306 | $167,910 | $192,233 | $187,102 | $175,122 | $165,234 |
| Average Days on Market | 74 | 71 | 85 | 78 | 62 | 57 | 43 |
| Average # of homes sold per month | 52 | 48.3 | 46.8 | 49.1 | 61.3 | 66.8 | 56.5 |
Current Report as of 8-31-2010 in Central Area area
- Active listings: 420
- Under Contract and Pending : 73
- Absorption Rate: 52 homes per month, a 8.0 month supply of houses currently on the market
If you enjoyed reading this article, why not Subscribe to be notified of the next one?
Kathy (719-287-1049) KTorline@msn.com
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
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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
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 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
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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 |
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
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- 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.
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
