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Archive for the 'Neighborhoods - Northwest' Category
Pinecliff Homes, Northwest Colorado Springs
Homes in Pinecliff are in the Northwest Area in Colorado Springs
Related Articles:
- Homes in Crystal Hills, hidden gems
- Mountain Shadows homes in the foothills
- Colorado Springs Neighborhoods – Pleasant Valley
- Colorado Springs Neighborhood — Pinon Valley
- Homes in Holland Park in West Colorado Springs
The Pinecliff housing market continues to be a Sellers Market, as there is currently a 9 month of supply of homes on the market. A 6 month supply of houses on the market is considered a “NEUTRAL MARKET”. Sales units were down 43% from 2009 to 2008, AND pricing was up 6% from 2009 to 2008. Pricing is continuing to decline in 2010.
Single Family Homes in Pinecliff in Colorado Springs were primarily built from 1972 to 2001, with an average age built in the 1980’s. The majority of the houses are 2-stories, ranches, bi-levels, 2-4 baths, with 1 – 3 car garages, both attached and detached. The average home has appx. 2500 to 3500 square footage.
The area is located in Northwest Colorado Springs, Exit 146 (Garden of the Gods) go West, first Right on Rusina, Left on Elkton, right on point of the Pines.
There are several parks in the Pinecliff area, including PineCliff Park. The school District is District 12; and the majority of students go to Rockrimmon Grade School, Eagleview Junior High and Air Academy High School.
There are also several townhome complexes in the area, Pinecliff and Pebblewood; prices range from $150,000 to $170,000.
|
Pinecliff |
|||||
| Year |
Price |
Total Sold |
Average Price per sq foot |
Average Days on Market |
Average Sold Per Month |
| 2010 |
$330,262 |
8 |
$99 |
218 |
1.1 |
| 2009 |
$345,592 |
14 |
$122 |
119 |
1.2 |
| 2008 |
$323,405 |
20 |
$114 |
150 |
1.7 |
| 2007 |
$368,016 |
32 |
$125 |
96 |
2.7 |
| 2006 |
$286,745 |
23 |
$114 |
72 |
1.9 |
| 2005 |
$287,490 |
38 |
$117 |
85 |
3.1 |
| 2004 |
$312,958 |
37 |
$116 |
71 |
3.1 |
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Kathy (719-287-1049) KTorline@msn.com
Colorado Springs realestate market snapshot, May 14th
Colorado Springs realestate market — update for May 14th
For a free market analysis on your neighborhood and home, Email Kathy at KTorline@msn.com
I often times say to my clients that real estate changes on a day to day basis, here’s a quick summary of yesterday’s changes in the market.
Kat’s observations
- 10 of the new listings are in the Southwest Area
- The average Price reduction was $12,500, and the majority of them were in the Southwest and Northwest area
- All of the closed listings were on the West side of town
This information is taken from the Pikes Peak Realtor Services Corp and is deemed reliable but not guaranteed.
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Kathy (719-287-1049) KTorline@msn.com
Price Per square foot has BIG variances in Colorado Springs
Colorado Springs realestate, pricing per square footage
For a free market analysis on your neighborhood and home, Email Kathy at KTorline@msn.com
Colorado Springs realestate is just like any other city in that average prices vary vastly in different areas. The local MLS (Multiple Listing Service) breaks down the City into different areas, and within each area there are many different neighborhoods. As part of putting together monthly market statistics, I also put together info on average price per square footage and average price per FINISHED square footage. As you can tell from the info below, average square footage pricing varies vastly in different parts of Colorado Springs. This information is a broad base guideline, as within each area, neighborhoods pricing can vary immensely.
The southwest area, which includes homes in The Broadmoor Area, and homes in Manitou Springs are the highest prices per square foot and homes in Old Colorado City are currently the cheapest per square foot. Homes in the Northeast area, which includes Vista Grande and Pulpit Rock are in the middle of the pack with an average price per square foot of $93.00.
| MLS Area | Average price per square foot | Average Price per FINISHED per square foot | Includes These Neighborhoods |
| Old Colorado City | $ 79.39 | $ 114.99 | Crown Mill Mesa and Gold Hills Mesa |
| Falcon North | $ 79.40 | $ 91.25 | Woodmen Hills |
| SouthEast | $ 81.51 | $ 89.26 | Pikes Peak Park, Soaring Eagles |
| Fountain Valley | $ 82.61 | $ 92.95 | Fountain, Security & Widefield |
| East | $ 83.92 | $ 97.43 | Rustic Hills and Village Seven |
| Peyton | $ 85.93 | $ 103.87 | |
| Central | $ 89.67 | $ 104.20 | Old North End, Downtown, and Patty Jewett |
| Power | $ 89.76 | $ 99.44 | Stetson Hills and Ridgeview at Stetson Hills |
| Black Forest | $ 92.76 | $ 140.90 | |
| Marksheffel | $ 93.13 | $ 98.90 | Meridan Ranch and Banning Lewis Ranch |
| Northeast | $ 93.48 | $ 97.96 | Pulpit Rock, Vista Grande |
| Woodland Park | $ 95.67 | $ 102.82 | |
| Ute Valley | $ 96.12 | $ 112.32 | Cascade and Chipeta |
| Northgate | $ 100.65 | $ 120.12 | Gleneagle |
| Tri-Lakes | $ 107.74 | $ 106.43 | Woodmoor, Kings Deer, and Jackson Creek |
| Briargate | $ 109.21 | $ 99.44 | Windjammer, Gatehouse Village, and Pinecreek |
| Northwest | $ 118.31 | $ 124.64 | Mountain Shadows, Rockrimmon |
| West | $ 119.36 | $ 150.30 | Kissing Camels and Pleasant Valley |
| Manitou | $ 121.25 | $ 159.55 | Crystal Hills and Crystal Park |
| Southwest | $ 126.48 | $ 110.60 | Broadmoor area, Stratton Meadows, Cheyenne Meadows |
This Colorado Springs Real Estate report contains information on Single Family homes in Palmer Lake.
This information is taken from the Pikes Peak Realtor Services Corp and is deemed reliable but not guaranteed.
If you enjoyed reading this article, why not Subscribe to be notified of the next one?
Kathy (719-287-1049) KTorline@msn.com
First Quarter 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
Colorado Springs Real Estate, 2009 Market Report for Northwest Area
Colorado Spring Real Estate
Market Report for Northwest – Single Family Homes
Includes Homes in Rockrimmon, Mountain Shadows, Peregrin, Pinecliff
Homes in Colorado Springs Northwest continue to be a NEUTRAL Market, as there is currently a 4.1 months of supply of homes on the market. A 6 month supply of houses on the market is typically considered a “NEUTRAL MARKET”.
-
Number of Homes in Northwest Colorado Springs sold are almost the same as 2008, but are down substantially from 2005, when 532 homes were sold.
-
Average pricing continues to see downward pressure, currently down 12% from 2009 to 2008.
Colorado Springs Housing market report – Northwest Area as of October 2009
Colorado Spring Real Estate – Market Report for Northwest – Single Family Homes
For a Free Market Analysis on your neighborhood, email Kathy Torline at KTorline@msn.com or call at 719-287-1049
Must Read Article
The Northwest area in Colorado Springs continues to be a BUYERS Market, as there is currently a 8.45 months of supply of homes on the market. A 6 month supply of houses on the market is considered a “BUYER’S MARKET”. Sales were down 15% from 2008 to 2007, but average pricing was ONLY down 6.5% from 2008 to 2007. 289 Single family Homes have been sold in 2009, a decline of 10% from 2008.
Colorado Springs Neighborhood — Pinon Valley
My Colorado Springs neighborhood pick of the week — Pinon Valley
Search for Homes in Pinon Valley
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.
To get to Pinon Valley homes Read the rest of this entry »
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:
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%.
| 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 |
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.
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.
Single family homes in Mountain Shadows currently range in price from Read the rest of this entry »
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
| 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 »
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.
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 »
Bargains in Colorado Springs? Maybe, maybe not
Foreclosures in Northwest Colorado Springs
Search for Foreclosures in Colorado Springs
Related Articles:
There are currently some unique bank-owned houses for sale in Northwest Colorado Springs. I saw 2 homes over the weekend in Northwest Colorado Springs, in the Southface neighborhood, not far from Vindicator and Centennial. Both of them were the same floor plan, although one had a bigger basement on it than the other one
The first property, on Bear Cloud, is located on a nice lot, but the back yard does back up to a busier road. Nice open floor plan, with a large free standing brick fireplace that greets you as you enter in the property.
It includes over 3,000 square feet, with 5 bedrooms, 3 baths, 2 car garage. The property was originally foreclosed on in October 2008. The living room has expansive windows on the southerly side. There is a nice open kitchen (of course most of the appliances have been stripped out) and it includes a good size space for a kitchen table. No formal dining room, which may or may not work for potential buyers. Large master bedroom at 17 x 15 with a 5 pc. attached bath. There may be possible structural issues on the back wall of the basement, a potential buyer would want a thorough inspection as well as a structural engineering report. The basement included 2 bedrooms and another full bath. Priced vary attractively for the square footage.
The second property on Read the rest of this entry »
Market in Northwest Colorado Springs is almost foreclosure free
Homes in Colorado Springs – Northwest
For a FREE list of Foreclosure Homes, Email KTorline@msn.com
Market breakdown for Active Homes as of 5-18-09
Neighborhoods: Homes in Pinecliff, Mountain Shadows, Rockrimmon, Oak Valley, Centennial Glen
Active homes for sale
- Short sales: 5 (1.6%)
- Bank-owned: 5 (1.6%
- Regular: 300 (96.8%)
Active Homes for Sale as of 5-18-09 :
- Single Family Homes: 218 (70%)
- Condos/Townhomes/Patio Homes: 92 (30%) Read the rest of this entry »
First Quarter 2009 Market report for homes in Northwest Colorado Springs
Colorado Spring Real Estate – Market Report for Northwest – Single Family Homes
Neighborhoods: Includes Homes in Mountain Shadows, Rockrimmon, Pinecliff
Search for Homes in Northwest Colorado Springs
Must Read Articles
- Colorado Homeowners, don’t remodel until you read this!
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The housing market in Northwest Colorado Springs continues to be a BUYERS Market, as there is currently a 11.3 month of supply of homes on the market. A 6 month supply of houses on the market is considered a “NEUTRAL MARKET“. Sales are down 15% from 2008 to 2007, but average pricing is ONLY down 6.5% from 2008 to 2007.
Recap of 2009, 2008, 2007, 2006, 2005, and 2004 Read the rest of this entry »
More townhome bargains – Part II
My favorite townhome/condos in northwest Colorado Springs
Related Article: Townhome bargains in Colorado Springs
Search for Townhomes and condos in Colorado Springs
This is a continuation of an article I recently posted about my favorite townhomes and condos in Northwest Colorado Springs. There are some very attractive deals in the townhome/condo market; as they seem to have been hit even harder on pricing than single family homes. Here’s some more of my favorite properties I’ve recently previewed.
Condominimus in RavenCrest in Northwest Colorado Springs: Wonderful complex off of West Woodmen Road; very 
close to I-25. There are currently a couple of 1 bedroom 1 bath units on the market for less than $75,000; and a 2 bedroom 2 bath units that is bank-owned for less than $110,000. There also is a HUD repo for sale that is listed as under contract which is a 2 bedroom 2 bath unit priced under $75,000. Not very long ago the 2 bedroom 2 bath units were going for over $130,000. Included with the great location, the units are in the District 20 school district and include an outdoor swimming pool and a club house; although none of them includes garages, just carport spaces.
Arbours at Mountain Shadows: One of my favorite complexes in northwest Colorado Springs, again close to Garden of the Gods and I-25; easy access. Most units have an over-sized attached 1 car garages with direct access to the living area; perfect for the security minded homeowners and are close to Ute Valley Park and Garden of the Gods. Very well maintained complex with an outdoor pool, clubhouse, and a hot tub. There are 4 units currently for sale ranging from $125,000 to $170,000 and the HOA’s are less than $200.00 a month.
Townhome bargains in Colorado Springs
Some of my favorite townhomes and condos in Colorado Springs
Search for Townhomes Homes in Colorado Springs
Related Article: Tax Credit — Who is a first time home buyer?
I spent part of last weekend showing condos/townhomes to one of my clients on the west side of Colorado Springs. As I’ve mentioned before in some of my previous posts, it’s an amazi
ng time to buy a home in Colorado Springs, especially if you are a first time home buyer. There are some very attractive deals in the townhome/condo market; as they seem to have been hit even harder on pricing than single family homes. Here’s a sample of some of my favorite properties I showed over the weekend.
Townhomes in Holland Park: Newer units, some were just finished in 2006. Close to Garden of the Gods and I-25; easy access to the Interstate. Tons of space for a townhome, as many of the units have 2 car garages, 2 bedrooms, 2 baths, with almost 1500 square feet. One bank-owned unit is priced at less than $150,000. Amazing value for all this square footage. Some of these units originally sold for $180,000 to $200.000.
Townhomes in Pinecliff: One of my favorite areas of town, in a secluded neighborhood on the bluffs. The area is visited by local wildlife; and portions of Pinecliff have amazing view, all close to I-25 and Garden of the Gods. There are currently 2 properties for sale in the complex; one 2 bedroom 2 bath rancher with a carport for under Read the rest of this entry »
Colorado Springs Foreclosure listings in the Northwest
Homes in Colorado Springs – Northwest as of 4-2-09
For a FREE list of Foreclosure Homes, Email KTorline@msn.com,
Homes in Pinecliff, Mountain Shadows, Rockrimmon, Oak Valley, Centennial Glen
Active homes for sale:
- Short sales: 9 (2.8%)
- HUD: 1 (.3%)
- Bank-owned: 20 (6.2%)
- Regular: 281 (87.5%)
Active Homes for Sale as of : 321
- Single Family Homes: 216 (67%)
- Condos/Townhomes/Patio Homes: 105 (33%)
Partial list of Foreclosed homes currently on the market Read the rest of this entry »
Colorado Springs Luxury Homes are hit by foreclosures
Colorado Springs Luxury Homes — Foreclosures (Part II)
Even in affluent neighborhoods, foreclosures are beginning to appear more frequently
Wow, if only homes could talk ………………….. I previewed a variety of homes this week in Colorado Springs, ranging from a cute home in the East part of the city that was listed at $155,000 to one that was listed at $725,000. My favorite home of the day was an a
mazing Italian Villa type home in Northwest Colorado Springs. It was located on a breathtaking wooded lot, .85 of an acre, in one of my favorite Northwest Neighborhoods, Oak Hills.
If you want to receive a FREE copy of my favorite foreclosures in the city, email KTorine@msn.com
The property was originally built in 1987, but according to some of the information I found in previous listings, it went through extensive remodels in 2001.
The home was a little deceiving from the outside, looked nice but not
anything special. In fact, the outside paint color was a little odd to me, a pale yellow. Once the front doors opened, the first thing I saw was the circular hardwood stairway, great entryway. Other amenities at the home include 3 fireplaces, and many, many, many decks.One of my favorite things were the unique children’s room. First there was the “Ocean Room” with artistic painted murals on the walls, almost felt like I was walking into an aquarium. And the finishing touch was the life preserver on the ceiling.
Foreclosed homes for sale in NorthWest Colorado Springs
Foreclosed Homes in Colorado Springs – Northwest Neighborhoods
For a FREE list of Foreclosure Homes, Email KTorline@msn.com
Neighborhoods: Pinecliff, Mountain Shadows, Rockrimmon, Oak Valley, Centennial Glen
Breakdown of homes for sale as of 3-7-09 Read the rest of this entry »
Foreclosures for sale in Northwest Colorado Springs
Northwest – Market breakdown for Active Homes as of 2-14-09
For a FREE List of Foreclosures email Kathy Torline at KTorline@msn.com
Must Read posts:
Neighborhoods: Pinecliff, Mountain Shadows, Rockrimmon, Oak Valley, Centennial Glen
Active as of 2-14-09: 264
- Single Family Homes: 187 (71%)
- Condos/Townhomes/Patio Homes: 77 (29%)
Active homes for sale as of 2-14-09 Read the rest of this entry »
