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Archive for the 'Neighborhoods - Northwest' Category

Northwest sales are still strong

Colorado Spring housing market for Northwest area, Single Family Homes

Includes houses in Rockrimmon, Southface, Mountain Shadows, and Peregrin

Zip Codes 80919

Search for homes in Northwest Colorado Springs

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Here’s a quick summary of the Real Estate Market for Colorado Springs Northwest area forSales comparison 2010 and for the first half of 2011

  • Pricing increased by 6% from 2010 to 2009
  • Number of homes sold decreased by 6% from 2010 to 2009
  • Days on Market increased by 13% from 2010 to 2009
  • Pricing has decreased by 4% for the first half of 2011
  • Days on Market has increased to 135 in 2011

Most Expensive Sale in area: 

  •     Address:  3030 Richfield Drive
  •     Price:  $880,000
  •     Square Feet: 6485
  •     Area:  Peregrin
  •     Total Days on Market:  186 Read the rest of this entry »

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Neighorhood Profile, Peregrin in Northwest Colorado Springs

Homes in Peregrin are in the Northwest Area in Colorado Springs

 Search for homes in Peregrin 

Zip Code:  80919

The Peregrin 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 Peregrin

  • Pricing decreased by 6%
  • Number of homes sold increased by 4%
  • Days on Market decreased by 4%
  • Price per FINISHED square feet decreased by 5%

Single Family Homes in Peregrin in Colorado Springs were primarily built from 1989 to 2011, with an average age built 1995.  The majority of the houses are 2-stories, ranches, 3-4 baths, with 2 – 3 car garages, both attached and detached.   The average home has appx. 3500 to 4500 square footage. 

The area is located in Northwest Colorado Springs, North of Vindicator, west of I-25,

The school district is District 20.

 

This Colorado Springs Real Estate report contains information on Single Family homes in Peregrin.
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 Colorado Springs or Manitou Springs, call ….

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

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Colorado Springs Vintage homes in Pleasant Valley have strong sales in 2010

Colorado Springs Housing Market Information for Pleasant Valley HOMES WEST area of Colorado Springs, Single Family Homes

Search for Homes in Pleasant Valley

Zip Code  80904

Related Articles:

The Pleasant Valley homes continues to be a NEUTRAL Market, as there is currently a 4 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 Pleasant Valley Colorado Springs

  • Pricing decreased by 3% from 2010 to 2009
  • Number of homes sold increased by 7% from 2010 to 2009
  • Days on Market decreased by 6% from 2010 to 2009
  • Price per FINISHED square feet decreased by 4% from 2010 to 2009.

Single Family Homes in Pleasant Valley were primarily built from 1952 to1965, with an average age built in 1957.  The majority of the houses are ranches, with 2-3 baths, with 1-2 car attached garages.   Average square footage is between 1,500 and 2,500 square feet.

The area is located in West Colorado Springs, North of Colorado Blvd, on 31st street, South of Mesa Road.

Homes are located in District 11 schools, With the majority of students going to Coronado High School.

Pleasant Valley

Year

Price

Total Sold

Average Price

per FINISHED sq foot

Average Days on Market

Average Sold Per Month
2010

$208,534

28

$116

83

 2.0

2009

$216,080

21

$123

86

1.8

2008

$207,615

25

$119

39

2.1

2007

$243,500

23

$108

96

1.9

2006

$221,955

43

$126

75

3.6

2005

$207,341

46

$113

72

3.8

2004

$195,460

39

$115

26

3.2

This Colorado Springs Real Estate report contains information on Single Family homes in Pleasant Valley.

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

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Homes in Mountain Shadows remain strong

Homes in Mountain Shadows are in the Northwest Area in Colorado Springs
 Search for homes in Mountain Shadows
Zip Code 80919

Related Articles:

The Mountain Shadows housing market continues to be a BUYERS 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 Mountain Shadows:

  • Pricing decreased by 1%
  • Number of homes sold increased by 2%
  • Days on Market increased by 6%
  • Price per FINISHED square feet decreased by 3%

Single Family Homes in Mountain Shadows in Colorado Springs were primarily built from 1983 to 2003, with an average age built 1991.  The majority of the houses are 2-stories, ranches, 3-4 baths, with 2 – 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, North of Garden of the Gods, South of Vindicator, West of 30th Ave and Centennial Blvd.                                  

There are several parks in the Mountain Shadows area, including Mountain Shadows Park, Wilson Ranch; and it’s close to Ute Valley Park.    The school District is District 11; and the majority of students go to Chipeta or Trailblazer Grade school, Holmes Junior High and Coronado High School.  

There are also several townhome complexes in the area, including the Arbors at Mountain Shadows.  Pricing ranges from $125,000 to $175,000, HOA’s are in the 150’s.

Mountain Shadows

Year

Price

Total Sold

Average Price per finished sq foot

Average Days on Market

Average Sold Per Month
2010

$364,716

50

$108

109

4.2

2009

$368,422

49

$111

103

4.1

2008

$404,245

51

$118

136

4.2

2007

$417,286

40

$123

86

3.3

2006

$386,206

65

$120

80

5.4

2005

$369,805

80

$112

69

6.7

2004

$340,384

71

$106

41

5.9

This Colorado Springs Real Estate report contains information on Single Family homes in Mountain Shadows.

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

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Sales are down, pricing is up in Northwest Colorado Springs

 Colorado Spring housing market for Northwest, Single Family Homes
 Includes houses in Rockrimmon, Southface, Mountain Shadow, and Peregrin
Zip Code  80919

Search for Homes in Northwest Colorado Springs

Related Articles:


The Northwest housing market in Colorado Springs continues to be a BUYERS  Market, as there is currently a 6 months of supply of homes on the market.   A 6 month supply of houses on the market is considered a “BUYER’S MARKET”.   There were less homes sold in 2010, but pricing increased by 6%.

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

  2010 2009 2008 2007 2006 2005 2004
Number of Homes Sold

299

318

 317

370

473

 532

 546

Average Sale Price

$321,188

$303,722

 $339,804

 $363,946

$354,585

$327,587

$301,114

Average Days on Market

84

86

 95

 78

 67

 57

 44

Average # of house sold per month

24.9

26.5

 26.4

 

30.8

 

39.4

44.3

 

45.5

Current Report as of 1-10-2011 in Northwest Colorado Springs 

  • Active listings:  150
  • Absorption Rate : 24.9 homes per month for the last 6 months, a supply of 6 months  of  houses currently on the market.  

 

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

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

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Pinon Valley homes are nestled against the cliffs

Homes in Pinion Valley are in the Northwest Area in Colorado Springs

Search for homes in Pinon Valley

Zip Code:  80919

Related Articles on Colorado Springs Neighborhoods:

The Pinon Valley housing market continues to be a Neutral Market, as there is currently a 4 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 up 20% from 2009 to 2008, AND pricing was down 2% from 2009 to 2008.    Pricing and sales units are continuing to increase in 2010.


Single Family Homes in Pinon Valley in Colorado Springs were primarily built from 1982 to 1995, with an average age built in the 1980’s.  The majority of the houses are tri-levels, ranches, bi-levels, 2-3 baths, with 1 – 2 car garages, both attached and detached.   The average home has appx. 1500 to 2000 square footage. 

The area is located in Northwest Colorado Springs, Exit 146 (Garden of the Gods) go West, East of Centennial Blvd., West of Ute Valley Park, South of Vindicator.

There are several neighborhood parks in the Pinon Valley area, and it’s very close to Ute Valley Park.    The school District is District 11; and the majority of students go to Chipeta Grade school, Holmes Junior High and Coronado High School.  

Year

Price

Total Sold

Average Price per sq foot

Average Days on Market

Average Sold Per Month
2010 (year to date)

$240,257

22

$119

94

2.4

2009

$230,011

26

$112

71

2.2

2008

$234,542

21

$108

49

1.8

2007

$232,050

35

$123

44

2.9

2006

$230,753

42

$108

45

3.4

2005

$224,088

42

$106

47

3.5

2004

$214,836

39

$97

28

3.3

   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 Colorado Springs or Manitou Springs, call ….

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

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Mountain Shadows homes, market update for 2010

Homes in Mountain Shadows are in the Northwest Area in Colorado Springs

Search for homes in Mountain Shadows

Zip Code 80919

Related Articles on Colorado Springs Neighborhoods:

 The Mountain Shadows 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 units were down 4.5 % from 2009 to 2008, AND pricing was down 10% from 2009 to 2008.    Pricing and sales units are continuing to see an increase in 2010.

Single Family Homes in Mountain Shadows in Colorado Springs were primarily built from 1983 to 2003, with an average age built 1991.  The majority of the houses are 2-stories, ranches, 3-4 baths, with 2 – 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, North of Garden of the Gods, South of Vindicator, West of 30th Ave and Centennial Blvd.                                  

There are several parks in the Mountain Shadows area, including Mountain Shadows Park, Wilson Ranch; and it’s close to Ute Valley Park.  The school District is District 11; and the majority of students go to Chipeta or Trailblazer Grade school, Holmes Junior High and Coronado High School.

There are also several townhome complexes in the area, including the Arbors at Mountain Shadows.  Pricing ranges from $125,000 to $175,000, HOA’s are in the 150’s.

Mountain Shadows

Year

Price

Total Sold

Average Price per finished sq foot

Average Days on Market

Average Sold Per Month
2010

$375,520

41

$108

109

4.6

2009

$368,422

49

$111

103

4.1

2008

$404,245

51

$118

136

4.2

2007

$417,286

40

$123

86

3.3

2006

$386,206

65

$120

80

5.4

2005

$369,805

80

$112

69

6.7

2004

$340,384

71

$106

41

5.9

   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 Colorado Springs or Manitou Springs, call ….

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

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Southface homes in the Foothills of Colorado Springs

My Colorado Springs neighborhood pick — Southface in Northwest Colorado Springs

Related Articles on Colorado Springs Neighborhoods:

 Search for homes in Southface

The Southface 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 units were up 10% from 2009 to 2008, AND pricing was down 25% from 2009 to 2008.    Pricing has continued to increase in 2010.

Single Family Homes in Southface in Colorado Springs ….. Read the rest of this entry »

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Northwest Homes are seeing an increase in pricing

Colorado Spring Real Estate 

Market Report for Northwest, Single Family Homes

 Includes houses in Rockrimmon, Mountain Shadow, and Peregrin

 Zip Codes:  80919

Search for homes in Northwest Colorado

 The Northwest housing market continues to be a BUYERS  Market, as there is currently a 7 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 even from 2009 to 2008, but average pricing was down 11% from 2008 to 2007.    In 2010 pricing and unit sales are starting to see an increase.

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

  2010 2009 2008 2007 2006 2005 2004
Number of Homes Sold

230

318

 317

370

473

 532

 546

Average Sale Price

$327,192

$303,722

 $339,804

 $363,946

$354,585

$327,587

$301,114

Average Days on Market

85

86

 95

 78

 67

 57

 44

Average # of house sold per month

28.8

26.5

 26.4

 

30.8

 

39.4

44.3

 

45.5

Current Report as of 9-6-2010 in Northwest Colorado Springs

  • Active listings:  192
  • Absorption Rate : 28.8 homes per month for the last 6 months, a supply of 6.68 months  of  houses currently on the market.  

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

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
      

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Pinecliff Homes, Northwest Colorado Springs

Homes in Pinecliff are in the Northwest Area in Colorado Springs

 Search for homes in Pinecliff

Related Articles:

 

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

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To find out more information about Colorado Springs, Call ……
Kathy (719-287-1049)   KTorline@msn.com

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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.  

The market changes moment by moment

 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?  

To find out more information about Colorado Springs, Call ……
Kathy (719-287-1049)   KTorline@msn.com

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Price Per square foot has BIG variances in Colorado Springs

Colorado Springs realestate, pricing per square footage

Pikes Peak

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? 

 
To find out more information about Colorado Springs, Call ……
Kathy (719-287-1049)   KTorline@msn.com

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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

 

Northwest solds 2010

Read the rest of this entry »

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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

For a Free Market Analysis on your Colorado Springs neighborhood, email Kathy Torline at KTorline@msn.com

 

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.

2009 pricing northwest

Read the rest of this entry »

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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.

 pricing comparision

northwest doms comparison 

Read the rest of this entry »

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Colorado Springs Neighborhood — Pinon Valley

My Colorado Springs neighborhood pick of the week — Pinon Valley

Search for Homes in Pinon Valley

IMG_1764 pinon valley neighbrohood

Pinon Valley in Colorado Springs is a community that is located in northwest Colorado Springs.        The neighborhood backs up against the west side of Ute Valley Park; and some of the homes have these magnificent cliffs right in their back yard. 

IMG_1761 cliffs 

 To get to Pinon Valley homes Read the rest of this entry »

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Market report for homes in Northwest Colorado Springs for July 2009

Colorado Springs Real Estate  – Market Report for Northwest

Single Family Homes

Search for homes in Northwest Colorado Springs

Must Read Articles:

  • A tech savvy realtor can help sell your home
  • It’s all about the home warranty
  • What are closing costs in real estate?
  • The pictures tell the story
  • The housing market in Northwest Colorado Springs continues to be a BUYERS  Market, as there is currently a 7.78 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.    197 Single family Homes have been sold in 2009  vs. 219 for the same period in 2008; a decline of 11%.

    northwest price comparison july

     

      1-1-2009 to 7-30-09 2008 2007 2006 2005 2004
    Number of Homes Sold 197  317 370 473  532  546
    Average Sale Price $296,601  $339,804  $363,946 $354,585 $327,587 $301,114
    Total Square footage 2814 3120 3195 3001 3093 3070
    Price Per Total Square Footage $105.40 $108.91 $113.91 $118.16 $105.91 $98.07
    Average Days on Market    95  78  67  57  44
    Average # of house sold per month 28.1  26.4  30.8  39.4 44.3  45.5

    Read the rest of this entry »

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    Mountain Shadows homes in the foothills

    My neighborhood pick of the week– Mountain Shadows

    Search for Homes in NorthWest Colorado Springs

    Mountain Shadows is a centrally located community in northwest Colorado Springs and contains mostly semi custom and custom homes built in the foothills of Colorado Springs.

    Mountain shadwos sign 7 percent

    To get to Mountain Shadows homes from I-25 and Garden of the Gods, go west on Garden of the Gods, turn North on Centennial.   The neighborhood is directly to the west of Centennial bordered on the other side by the foothills. 

    MOUNTAIN SHADOW

    Single family homes in Mountain Shadows currently range in price from Read the rest of this entry »

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    Northwest Colorado Springs home sales remain strong

    Colorado Spring Real Estate  – Market Report for Northwest

    Single Family Homes

    Search for Homes in NorthWest Colorado Springs

    The Northwest housing market continues to be a BUYERS  Market, as there is currently a 8.4 month 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.  160 Single family homes have been sold in 2009  vs. 186 for the same period in 2008; a decline of 16%.

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

    northwest-market-report-june-2009 

      1-1-2009 to 6-30-09 2008 2007 2006 2005 2004
    Number of Homes Sold 160  317 370 473  532  546
    Average Sale Price $294,572  $339,804  $363,946 $354,585 $327,587 $301,114
    Sales Price to List Price 96.1%  96.7%  97.4%  98.8%  98.2%  98%
    Average Days on Market 112  95  78  67  57  44
    Average # of house sold per month 26.7  26.4  30.8  39.4 44.3  45.5

    Current Report Read the rest of this entry »

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    Pinecliff homes, secluded and quiet

    My neighborhood pick of the week– Pinecliff

    As I’ve been out looking at properties recently all over Colorado Springs, I thought I’d start a new weekly series on my neighborhood pick of the week.  Hope you enjoy it!

    Search for Homes in NorthWest Colorado Springs

    Pinecliff is a secluded community in northwest Colorado Springs of mostly custom homes built along the sides of a treed valley and on top of a cliff.

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    To get to Pinecliff, from I-25 and Garden of the Gods, go west on Garden of the Gods, North on Rusina Road, West (Left) on Popes Valley Dr OR West (Left) on Point of the Pines.

    Single family homes in Pinecliff currently range in price $290,000 to $675,000;   Townhomes range in price from $170,000 to $375,000 and complexes are Read the rest of this entry »

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