Colorado Springs Vintage Homes Blog » Neighborhoods – Palmer Lake and Monument

Neighborhood Profile, Palmer Lake

Kathy Torline — Fri, 04 Nov 2011 21:24:19 +0000

Homes in Palmer Lake Area are in the Monument Area in Colorado Springs

Search for Homes in Monument

Zip Code 80133

The Palmer Lake housing market continues to be a BUYER’S Market, as there is currently a 5.5 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 Palmer Lake

Pricing decreased by 15% from 2010 to 2009.
- Pricing has continued to decrease in 2011.
Number of homes sold stayed the same from 2010 to 2009
- Number of homes is continuing to the stay the same in 2011
Days on Market decreased by 73% from 2010 to 2009
- Days on Markets has increased in 2011 to 174 days.
Price per FINISHED square feet increased by 2% from 2010 to 2009.
- Price per FINISHED square feet has decreased in 2011 to 2010.

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

Palmer Lake is located East of Interstate 25 on Highway 105.

Palmer Lake Homes
Year	Price	Total Sold	Average Price per FINISHED sq foot	Average Days on Market	Average Sold Per Month
2011	$167.215	20	$95	174	2.0
2010	$201,134	22	$108	95	1.9
2009	$230,114	22	$111	165	1.9
2008	$247,259	22	$122	128	1.9
2007	$264,756	25	$131	124	2.1
2006	$262,400	35	$123	80	2.9
2005	$240,396	25	$124	89	2.1
2004	$208,350	34	$123	58	2.9

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?

To find out more information about Colorado Springs, Call ……

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

Neighborhood Profile, Homes on wooded lots in Woodmoor in Monument

Kathy Torline — Mon, 31 Oct 2011 13:39:47 +0000

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

Search for Homes in Monument

Zip Code 80132

Single Family Homes in Woodmoor were primarily built from 1969 to 2008 with an average 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 BUYER’S Market, as there is currently a 8.5 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 Woodmoor

Pricing decreased by 2% from 2010 to 2009.
- Pricing has increased by 8% from 2011 to 2010
Number of homes sold increased by 12% from 2010 to 2009
- Number of homes sold has decreased on a monthly basis in 2011
Days on Market decreased by 33% from 2010 to 2009
- Days on Markets has increased in 2011.
Price per FINISHED square feet increased by 3% from 2010 to 2009.
- Price per FINISHED square feet has continued to stay the same from 2011 to 2010.

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 in Monument

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

Pricing is increasing the Monument Area

Kathy Torline — Mon, 15 Aug 2011 12:28:55 +0000

Monument Colorado Housing, Single Family

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

Zip code 80132

Search for homes in Monument

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 Sale in area:

Address: 15949 Forest Light Drive
Price: $1,187,500
Square Feet: 6956
Area: High Forest Rancn

Least Expensive Sale in the area:

Address: 29 Gilla Street
Price: 52,000
Square Feet: 1,953
Area: Palmer Lake Browns

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

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

Neighborhood pick of the week, Woodmoor in Monument

Kathy Torline — Tue, 08 Mar 2011 11:39:52 +0000

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

Search for Homes in Monument

Zip Code 80132

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

Homes prices in Monument continue to decline, down by 12% in 2010

Kathy Torline — Thu, 20 Jan 2011 13:51:25 +0000

Colorado Spring Housing Market for Tri-Lakes, Includes Homes in Monument and Palmer Lake

Search for Homes in Palmer Lake and Monument

Zip Code 80132

The Monument Real Estate market continues to be a Buyer’s Market, as there is currently a 8.5 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 20% from 2010 to 2009, but pricing was down 12% from 2010 to 2000.

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

	2010	2009	2008	2007	2006	2005	2004
Number of Homes Sold	434	363	383	469	630	675	673
Average Sale Price	$350,432	$396,798	$407,407	$450,756	$434,392	$418,258	$373,323
Average Days on Market	106	122	109	107	94	71	67
Average # of house sold per month	36	30	31.9	39.1	52.5	56.3	56.1

Current Report as of 1-20-2011 in Tri-Lakes

Active listings: 307
Absorption Rate: 36 homes per month, a 8.5 month supply of houses currently on the market

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?

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

Monument home sales have been increasing in 2010

Kathy Torline — Mon, 27 Sep 2010 13:00:42 +0000

Colorado Spring Real Estate

Market Report for Tri-Lakes, Includes Homes in Monument and Palmer Lake as of 8-31-2010

Search for Homes in Palmer Lake and Monument

Zip Code: 80132, 80132

The Monument Real Estate market continues to be a Buyer’s Market, as there is currently a 13 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. Pricing and sales continues to decrease in 2010.

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

	2010	2009	2008	2007	2006	2005	2004
Number of Homes Sold	288	363	383	469	630	675	673
Average Sale Price	$382,218	$396,798	$407,407	$450,756	$434,392	$418,258	$373,323
Average Days on Market	105	122	109	107	94	71	67
Average # of house sold per month	36	30	31.9	39.1	52.5	56.3	56.1

Current Report as of 8-31-2010 in Tri-Lakes

Active listings: 418
Absorption Rate: 36 homes per month, a 11.6 month supply of houses currently on the market

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.

King’s Deer in Monument Colorado, majestic homes on 2 1/2 acre lots

Kathy Torline — Sun, 08 Aug 2010 12:47:52 +0000

My Colorado Springs neighborhood pick of the week — King’s Deer in Monument

Search for Homes in Monument, Zip Code: 80132

Related Articles on Colorado Springs Neighborhoods:

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.

The King’s Deer housing market continues to be a BUYERS Market, as there is currently a 23 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 57% from 2009 to 2008, but pricing was only down 2% from 2009 to 2008. Both sales are pricing are continuing to see a decrease in 2010.

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

King’s Deer
Year	Price	Total Sold	Average Price per sq foot	Average Days on Market	Average Sold Per Month
2010	$631,425	10	$118	178	1.43
2009	$702,136	19	$138	262	1.58
2008	$713,044	44	$142	185	3.67
2007	$738,344	23	$142	177	1,92
2006	$660,848	33	$147	182	2.75
2005	$671.756	46	$133	111	3.83
2004	$563,451	29	$121	94	2.42

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

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

Foreclosure pick for July, 5 acre horse property in Monument

Kathy Torline — Mon, 19 Jul 2010 14:00:49 +0000

Search for Foreclosures and Short Sales in Colorado Springs

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 property was built in 1983; and most recently sold for $375,000 in 2005. It is a two-story , on 5 acres zones for horses and includes a finished basement.

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.

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To find out more information about Colorado Springs, Call ……

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

Not many foreclosed homes in Monument Colorado

Kathy Torline — Mon, 24 May 2010 14:00:31 +0000

Monument Homes, Market breakdown for Active Homes as of 3-31-10

For a FREE list of Colorado Springs Foreclosure Homes, Email KTorline@msn.com

Homes in Monument continues to see a less bank-owned homes than the rest of El Paso County.

Active homes for sale: 160 in the Monument area:

Short sales: 23 (5.3% of the market)
Bank-owned: 8 (1.8% of the market)
Regular: 404 (92.9% of the market)
HUD: 0
VA Owned: 0
Government Owned: 0

Here a list of my Top 6 Colorado Springs CO Foreclosures in the Monument area

1	478075	TRI	17623 Quarry WY	SIF	3,3,2	2	2006	1,527	1,527	$189,900	18
2	643504	TRI	17840 Arrowwood DR	SIF	3,2,1	RAN	1983	1,664	1,664	$223,250	83
3	603690	TRI	1586 Piney Hill PT 6	PAT	4,3,2	RAN	2006	3,453	3,488	$295,000	166
4	633363	TRI	19990 Chisholm TR	SIF	5,4,3	2	1992	4,687	4,770	$365,900	88
5	492671	TRI	19839 Chisholm TR	SIF	4,4,3	2	2006	4,238	4,802	$499,900	34
6	587924	TRI	4630 Red Rock Ranch DR	SIF	5,7,4	RAN	2008	5,660	6,505	$895,000	58

This Colorado Springs Real Estate report contains information on homes in Monument area.

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

Woodmoor Homes – Neighborhood Pick of The Week

Kathy Torline — Thu, 20 May 2010 14:30:01 +0000

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:

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

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