Archive for the 'Neighborhoods - Manitou Springs' Category
Manitou Springs Real estate is continuing to stabilize
Manitou Springs Real Estate, Single Family Homes
Search for homes in Manitou Springs
Related Article: Northwest Homes are seeing an increase in pricing
The Manitou Springs housing 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 only down 11% from 2009 to 2008, but average pricing was down 12% from 2009 to 2008. Sales have continued to increase in 2010, and pricing has continued to increase.
Recap of 2009, 2008, 2007, 2006, 2005, and 2004
| 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | |
| Number of Homes Sold | 36 | 51 | 62 | 63 | 90 | 80 | 82 |
| Average List Price | $296,333 | $288,154 | $292,931 | $326,757 | $290,533 | $269,743 | $254,814 |
| Average Days on Market | 158 | 100 | 101 | 105 | 97 | 97 | 61 |
| Average # of house sold per month | 4.5 | 4.3 | 5.2 | 5.3 | 7.5 | 6.7 | 6.8 |
Current Report as of 9-5-2010 in Manitou Springs
- Active listings: 59
- Absorption Rate: 4.5 homes per month, a 13 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.
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Kathy (719-287-1049) 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.
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
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 »
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.
Manitou Springs home sales are down 25% for 2009
Manitou Springs Real Estate
Single Family Homes
Search for Homes in Manitou Springs
Related Article: Homes in Crystal Hills, hidden gems
The Manitou Springs Springs housing market continues to be a Buyer’s Market, as there is currently a 18 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 1% from 2008 to 2007, but average pricing was down 10% from 2008 to 2007. 35 Single family homes have been sold in 2009 vs. 44 for the same period in 2008; a decline of 25%.

Recap of 2009, 2008, 2007, 2006, 2005, and 2004 Read the rest of this entry »
Homes in Crystal Hills, hidden gems
My neighborhood pick of the week– Crystal Hills in Manitou Springs
Search for Homes in Manitou Springs
Related Post:
Crystal Hills is a community that is tucked away in Manitou Springs and contains mostly semi custom and custom homes built in the foothills of Colorado Springs.

To get to Crystal Hills homes from I-25, turn west onto Colorado Blvd. which turns into Manitou Blvd. Turn south on Crystal Hills Blvd. (by the Comfort Inn at 45 Manitou Avenue).
Single family homes in Crystal Hills currently range in price from $275,000 to $500,000.

The majority of the houses Read the rest of this entry »
Quick Explanation of Zoning in Colorado Springs and surrounding cities
Colorado Springs Zoning
For a free Buyers Guide, Email Kathy Torline at KTorline@msn.com
I recently had a client ask me about what R-1 Zoning in Colorado Springs. If one person wants to know, maybe more of you do? Here’s the most commonly used codes that I see as a Colorado Springs Realtor specializing in residential real estate.

| PUD | Planned Unit Development | Colorado Springs | COS |
| R | Estate Single-family Residential | Colorado Springs | COS |
| R-1 6000 | Single-family Residential | Colorado Springs | COS |
| R-1 9000 | Single-family Residential | Colorado Springs | COS |
| R-2 | Two-family Residential | Colorado Springs | COS |
| R-4 | Multi-family Residential | Colorado Springs | COS |
| R-5 | Multi-family Residential | Colorado Springs | COS |
If you are looking for even more information about Colorado Springs Zoning, the Colorado Springs web page gives a very comprehensive descriptions of each category, and here’s a sampling of the explanations.
R (Estate Residential): Intended for single‑family dwellings with a minimum lot size of 20,000 square feet.
- Maximum Lot Coverage: 20%
- Minimum Lot Width: 100′
- Minimum Front Yard Setback: 25′
- Minimum Side Yard Setback: 10′
- Minimum Rear Yard Setback: 35′
- Maximum Building Height: 30′
Manitou Springs Luxury townhomes
Luxury townhomes in Manitou Springs
Search for luxury townhomes in the Colorado Springs Area
Must Read Articles
I we
nt and previewed some luxury townhomes in Manitou Springs this week. It’s always fun to look at some new properties that I’ve never seen, always something new to learn and something new to see; one of the many great things about re
al estate.
The first set of townhome I looked at are called the Cogway Townhomes. For those of you who don’t live in the area, one of the biggest tourist attractions in the area is the Pikes Peak Cog Train, and these townhomes are right off of Ruxton, the main road very close to the Cog and to the Manitou Incline, another local landmark in the area. There is only 1 unit completed and it looks like there are 6 or 7 more to be built; foundations are poured for some and 2 more of them have all of the framing done on them.
The property I previewed was a 4 bedroom, 3 bath unit with a 2 car garage
e, priced under $400,000; and it was done exceptionally well. As you walk in the unit there is a small entryway; and then you walk up 10 – 12 step to the main floor where you are greeted with Brazilian Hardwood Floors (at least that’s what I think the floors were made of.).
Kitchen was wonderful; bright and open, stainless steel appliances with granite countertops. Great views of the surroundings mountains in Manitou Springs, although these views may change once the remaining units get built. The living room has a gas fireplace with an inviting window to sit in and enjoy the view.
There seemed to be bedrooms everyplace (4 of them); Read the rest of this entry »
Manitou Springs is still a Buyer’s market for homes
Manitou Springs Real Estate
Single Family Homes
Search for Homes in Manitou Springs
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 are only down 1% from 2008 to 2007, but average pricing is down 10% from 2008 to 2007.

Recap of 2009, 2008, 2007, 2006, 2005, and 2004
| 1-1-2009 to 3-31-09 | 2008 | 2007 | 2006 | 2005 | 2004 | |
| Number of Homes Sold | 6 | 62 | 63 | 90 | 80 | 82 |
| Average Sale Price | $222,583 | $288,634 | $331,214 | $293,955 | $268,868 | $251,372 |
| Sales Price to List Price | 92.2% | 95.3% | 94.9% | 96.3% | 97% | 97.1% |
| Average Days on Market | 244 | 138 | 133 | 101 | 99 | 70 |
| Average # of house sold per month | 2 | 5.2 | 5.3 | 7.5 | 6.7 | 6.8 |
Current Report as of 4-10-09 in Manitou Springs Read the rest of this entry »
Mona Lisa Restaurant… a perfect romantic dinner
Mona List Restaurant in Colorado Springs
In the mood for a truly romantic getaway? Come to The Mona Lisa in Manitou Springs and you won’t be disappointed.
Mona Lisa is a fixture of West-Side Colorado Springs cuisine. The restaurant is in an old building with small rooms, creaky, crooked floors and steep stairs (check out the bathrooms where you’ll feel like you’ve gone back in time about 100 years). It was originally built as a hotel in the late 1800’s. Old, signed wine bottles from previous guests line the walls and cubbies where a few of mine are there somewhere.
The food is magnificent. The four course meal includes salad; your choice of a regular salad, Caesar or their salad of the day (which when we went was a spinach with goat cheese, yummy), Read the rest of this entry »
Manitou Springs Homes, pricing down 10% from 2007
Manitou Springs Homes
Search for Homes in Manitou Springs
Single Family Homes in the Manitou Springs continues to be in a Buyer’s 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“. Sales are only down 1% from 2007, but average pricing is down 10% from 2007.
Recap of December Activity
- Homes Sold in the last month: 4
Recap of 2008, 2007, 2006, 2005, and 2004
| 2008 | 2007 | 2006 | 2005 | 2004 | |
| Number of Homes Sold | 62 | 63 | 90 | 80 | 82 |
| Average Sale Price | $292,931 | $326,267 | $290,533 | $269,743 | $254,814 |
| Sales Price to List Price | 95.3% | 94.9% | 96.3% | 97% | 97.1% |
| Average Days on Market | 109 | 105 | 79 | 82 | 61 |
| Average # of house sold per month | 5.2 | 5.3 | 7.5 | 6.7 | 6.8 |
Current Report Read the rest of this entry »
Homes in Manitou Springs, November Market Report
Manitou Springs Homes – November 2008 Market Report
Search for Homes in Manitou Springs
- Homes Sold in the last month: 3
Recap of 1-1-08 to 11-30-08 Activity in Manitou Springs
- Homes Sold in the last eleven months: 71
Current Report as of 12-25-08 in Manitou Springs
- Active listings: 62
- Under Contract and Pending: 3
- Absorption Rate: 6.45 homes per month, a 9.5 month supply of houses currently on the market. It’s currently a BUYERS MARKET in Manitou Springs Read the rest of this entry »
Manitou Springs celebrates annual Fruitcake Toss to benefit Food Bank and end of holiday season
Fruitcake Toss
Search for Homes in Manitou Springs
Come one, come all to the 14th annual fruitcake toss held in Manitou Springs. The launch is set to begin at 9:30 am on January 3, 2009. So, come to Manitou Springs Memorial Park with your canned food entry fee (to be donated to the local food bank) and you too, can participate in getting rid of your unwanted fruitcakes.
Fruitcakes can be hurled, tossed or launched by a pneumatic device, the winner of each category actually wins a trophy. Who wouldn’t want one of these on the mantle? There are age classes as well, so do check out the rules. If you don’t have a fruitcake, you can rent one there. All fruitcakes must be edible (do you know anyone that REALLY eats them?). They must be visible to the Toss Tech Inspectors, though no one will actually taste test it (ugh!).
There are two weight categories, 2lb and the heavy division at 4 lbs. If your cake is underweight, it will be disqualified and if its too heavy it must be cut to the proper weight. Read the rest of this entry »
Colorado Springs Christmas Holiday Activities, mark your calendar
Colorado Springs Holiday Activities
Celebrate the Holiday Spirit
Colorado Springs Festival of Lights 
-
When: December 6th at 5:50pm
-
Where: Downtown Colorado Springs, at the corner of Tejon and St Vrain Street and will go south on Tejon to Vermijo Avenue, turn west to Cascade Avenue and go north to Kiowa Street
Annually bringing together some 80 entries and attracting crowds reaching over 100,000 individuals. Features many bands and floats, many of which are lighted. This year’s theme is “through the Eyes of a Child”. This traditional holiday event is now in it’s 24th years and delights thousands of children of all ages who line the streets to view the spectacular floats, bands, horse units and of course, Santa Claus.
Snowflakes and Smiles Parade in Manitou Springs
-
When: December 13th, 12 noon to 1:30pm
-
Where: Downtown Manitou Springs
It’s the annual “Snowflakes & Smiles” Christmas Parade. This is a real old fashioned parade with support from all of the area. The parade includes Read the rest of this entry »
Manitou Springs Homes, Market Report
Market Report for Manitou Springs
ONLY Includes Single Family Homes
- Located in District 14 schools
- 20 – 25 minutes from Fort Carson
- 15 minutes from Pikes Peak Community College
- 20 – 25 Minutes from the Colorado Springs Airport
- 15 – 20 Minutes from Citadel Shopping Mall Read the rest of this entry »
Manitou Springs celebrates Emma Crawford with annual coffin races and wake
Coffin Races are one of a kind
Search for Homes in Manitou Springs
Come one, come all!!! Manitou Springs is celebrating one of its most famous residents, Emma Crawford! She
came to Manitou around the 1880’s suffering from tuberculosis then know as consumption. She was a lovely young woman and was accompanied by her Mother and fiancee. Low and behold, she started to improve in the crisp mountain air and loved to hike on Red Mountain. She was busy with planning her wedding when she took a turn for the worst. Her fiancee promised to bury her atop her favorite mountain and so when she died (1891) he did indeed bury her up there. Over the years, with all the rains, her coffin came to the top of the land and she slid down her mountain. She was then buried in an unmarked grave in the local cemetery, but the townspeople refused to forget about her.
Every year the folks in Manitou Springs hold a festival in her honor. Its held close to Halloween Read the rest of this entry »
Homes in Manitou Springs, September Market Report
Homes in Manitou Springs
Market breakdown for Active Homes as of 10-8-08
Search for Homes in Manitou Springs
Neighborhoods: Crystal Hills, Crystal Park
Active as of 10-8-08: 76
- Single Family Homes: 56 (74%)
- Condos/Townhomes/Patio Homes: 20 (26%)
Breakdown Read the rest of this entry »
Manitou Springs Homes, August Market Report
Single Family Homes
Must Read Articles for Home Sellers
- Colorado Homeowners, don’t remodel until you read this!
- Are you a pet owner trying to sell your home
- Should I take my home off the market during the holidays?
- A 12 point checklist to make sure your home shows well to Colorado Springs buyers
- Do you want your home in Colorado Springs to stand out from the competition?
- A tech savvy realtor can help sell your home
- It’s all about the home warranty
- District 14 schools
- 20 – 25 minutes from Fort Carson
- 15 minutes from Pikes Peak Community College
- 20 – 25 Minutes from the Read the rest of this entry »











