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Archive for the 'Neighborhoods - Southwest' Category
11 areas to find Colorado Springs Historic properites
Where are the Historic Homes in Colorado Springs?
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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 »
Skyway Homes in Southwest Colorado Springs, Colorado Springs Housing Market 2010
Homes in Skyway and Skyway Park are in the Southwest Area in Colorado Springs
Search for Homes in Skyway and Skyway Park
Zip Code 80906
Related Articles:
- Colorado Springs Home Values, square footage price varies
- Average prices have increased for Homes in Central Colorado Springs
The Skyway and Skyway Park housing market continues to be a BUYER’s/NEUTRAL Market, as there is currently a 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 Real Estate Market for Skway
- Pricing increased by 6% in 2010.
- Number of homes sold decreased by 11%
- Days on Market increased by 31%
- Price per FINISHED square feet INCREASED by 6%
Single Family Homes in Skyway were primarily built in the 1960’s. The majority of the houses are ranches with 2-3 baths, with 1-2 car garages. The average home has appx. 1500 to 2000 square footage.
The area location is between Eighth street and Cresta.
The school District is District 12 and the majority of students go to Skyway Grade School, Cheyenne Mountain Junior High and Cheyenne Mountain High School.
| Year |
Price |
Total Sold |
Average Priceper FINISHED sq foot |
Average Sold Per Month |
| 2010 |
$289,527 |
33 |
$107 |
2.7 |
| 2009 |
$272,097 |
37 |
$112 |
3.1 |
| 2008 |
$346,920 |
32 |
$122 |
2.7 |
| 2007 |
$347,411 |
41 |
$129 |
3.4 |
| 2006 |
$304,562 |
37 |
$119 |
3.1 |
| 2005 |
$322,364 |
66 |
$126 |
5.5 |
| 2004 |
$272,144 |
56 |
$107 |
4.7 |
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To find out more information about buying a home in Colorado Springs or Manitou Springs, call ….
Kathy (719-287-1049) KTorline@msn.com
Pricing for Homes in Southwest Colorado Springs are up 9% in 2010
Colorado Springs Housing Market Report for Southwest area, Single Family Homes
Includes Homes in Broadmoor, Cheyenne Meadows, Cheyenne Canon, Broadmoor Bluffs, Quail Ridge
Search for homes in Southwest Colorado Springs
Zip Code: 80905, 80906
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Homes in Southwest Area continue to be a Buyers 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 typically considered a “NEUTRAL MARKET”.
- Number of Homes in Southwest Area sold were down by 9% in 2010 vs. 2000 When comparing the high of 801 homes sold in 2005, unit sales are down by 40%.
- Average pricing has increased, currently up 13% from 2010 to 2009. Recap of 2004, 2005, 2006, 2007, 2008, 2009, 2010
|
2010 |
2009 |
2008 |
2007 |
2006 |
2005 |
2004 |
|
| Active |
323 |
|
|
|
|
|
|
| Number of Homes Sold |
263 |
399 |
440 |
580 |
604 |
801 |
752 |
| Average Sale Price |
$318,473 |
$282,421 |
$357,000 |
$394,375 |
$381,142 |
$371,349 |
$329,909 |
| Average Days on Market |
83 |
80 |
91 |
94 |
84 |
65 |
53 |
| Average # of house sold per month |
36.0 |
39.8 |
36. |
48.3 |
50.3 |
66.8 |
62.7 |
This Colorado Springs Real Estate report contains information on Single Family homes in Southwest 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
Skyway Homes in Southwest Colorado Springs
Homes in Skyway and Skyway Park are in the Southwest Area in Colorado Springs
Zip Code 80906
Search for Homes in Skyway and Skyway Park
Related Articles on Colorado Springs Neighborhoods:
- Homes in Crystal Hills, hidden gems
- Mountain Shadows homes in the foothills
- Pinecliff homes, secluded and quiet
- Colorado Springs Neighborhoods – Pleasant Valley
- Colorado Springs Neighborhoods — Pinon Valley
- Southface homes in the Foothills of Colorado Springs
The Skyway and Skyway Park housing market continues to be a BUYER’s/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”. Sales units were up 13% from 2009 to 2008, and pricing was down 27% from 2009 to 2008. Sales units and price per square foot are continuing to see a decrease in 2010.
Single Family Homes in Skyway were primarily built in the 1960’s. The majority of the houses are ranches with 2-3 baths, with 1-2 car garages. The average home has appx. 1500 to 2000 square footage.
The area location between Eighth street and Cresta.
The school District is District 12 and the majority of students go to Skyway Grade School, Cheyenne Mountain Junior High and Cheyenne Mountain High School.
|
Skyway and Skyway Park |
|
|
|
|
| Year |
Price |
Total Sold |
Average Price per sq foot |
Average Sold Per Month |
| 2010 year to date |
$299,333 |
27 |
$101 |
2.7 |
| 2009 |
$272,097 |
37 |
$110 |
3.1 |
| 2008 |
$346,920 |
32 |
$111 |
2.7 |
| 2007 |
$347,411 |
41 |
$120 |
3.4 |
| 2006 |
$304,562 |
37 |
$111 |
3.1 |
| 2005 |
$322,364 |
66 |
$120 |
5.5 |
| 2004 |
$272,144 |
56 |
$102 |
4.7 |
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
High end foreclosures on the upswing in Colorado Springs
Foreclosures are going upscale across Colorado Springs
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While the high-end numbers are less in Colorado Springs than the lower-priced foreclosures, there has been a growth that reflects a 
significant shift in the foreclosure landscape and its underlying causes. Mortgage problems have moved upstream; partially because of economic conditions such as unemployment and stock losses. Also in play is a different type of risky loan called option ARM (adjustable rate mortgage) and interest only loans.
It definitely seems like the focus is shifting as we’re seeing more defaults, foreclosures and short sales in the more-affluent Colorado Springs communities. Some national experts emphasize that the foreclosure numbers don’t reflect the extent of distress at the high end. Banks are more likely to pursue short sales in luxury Colorado Springs luxury homes, in which the homeowner stays put while marketing the home for less than is owed on the mortgage.
Experts agreed that high-end homes take longer to become foreclosures because affluent people have more resources, consequently they likely to extend the time they’re struggling to make payments.
I looked over the Post Sale List dated 8-4-2010 from the El Paso Public Trustee’s office, and there is definitely evidence that foreclosures are going upscale. There was one property over $1,000,000 that was foreclosed on, 1 over $700,000, 1 over 500,000; and several over 300,000. When I compare this to the same list over a year ago, there were no Colorado Springs properties foreclosed on over $300,000.
There are currently 52 Bank-owned properties on the Colorado Springs market over $300,000; including several homes in the Broadmoor area, as well as in homes in Black Forest and in Monument.
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Kathy (719-287-1049) KTorline@msn.com
Foreclosure Home Pick of the Week — South of Colorado Springs
Not all Colorado Springs foreclosure homes are deals
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My Foreclosure pick of the week is in Rockcreek area south of Colorado Springs on 2220 Paseo Corto.
It is a single family home and includes over 2500 square feet, with 3 bedrooms, 3 baths, and a 2 car attached garage; as well as a detached 2 car garage. The detached garage doesn’t have a floor or a door; it’s more of a metal enclosure set on the ground than a true garage. The property was built in 1980; and was originally sold for $264,500 in 2003The upsides….. 3 acre lot, beautiful trees and scrub oak on the lot. The house does need some work, which is very typical for a bank owned property.
The downsides ….. very close to Highway 115; you can definitely hear the traffic noise.
The description in the MLS Says: “Unbelievable property with fabulous mountain views. Large property includes a 1000 sq. ft. garage. Home offers hardwood and slate flooring, enclosed back porch. Minutes to Ft. Carson.”
The El Paso County Assessor’s office has it valued at 307,338. At the current list price of $319,900, it may be priced a little over market value, especially considering it is so close to the Highway. There are 14 other properties in the area, priced from $119,900 to $899,900. During the last 6 months, only 2 properties have sold in the same area, ranging from $259,900 to $420,000.
If you would like to find out more about buying a foreclosed home in Colorado Springs
Call Kathy Torline, 719-287-1049 or email 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 2010 market report for homes in SOUTHWEST area in Colorado Springs
Housing Market Report for Southwest Colorado Springs, Single Family Homes
Includes Homes in Broadmoor, Cheyenne Meadows, Broadmoor Bluffs, Quail Ridge
Search for homes in Southwest Colorado Springs
Related Articles:
Homes in Southwest Area continue 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 typically considered a “NEUTRAL MARKET”.
- Number of Homes in Southwest Area sold are up by 8% in 2009 vs. 2008. When comparing the high of 801 homes sold in 2005, unit sales are down by 40%.
- Average pricing continues to see downward pressure, currently down 16% from 2009 to 2008. Pricing is actually down 24% from the high of $394,375 in 2007.
- 2010 is continuing to see an increase in sales and a decrease in average pricing.
2009 Colorado Springs Market Report for homes in Southwest
Market Report for Single Family Homes in Southwest
Includes Homes in Broadmoor Bluff, Cheyenne Meadows, Quail Ridge, Broadmoor
Search for homes in Southwest Colorado Springs
- Federal Tax credit available for remodeling
- Real Estate Agent or Realtor? What’s the difference?
- ILC versus a Survey, what’s the difference?
- Don’t forget about the Better Business Bureau
- Colorado Springs home Improvement — it’s all about the windows
- Preparing your home for a home inspection – Advice for Sellers
- What is the MLS?
- Number of Homes in Southwest Colorado sold are up in 2008, but are still down substantially from 2005, when 801 homes were sold.
- Average pricing continues to see consistent downward pressure, currently down 16% from 2009 to 2008.
- Average days on market has continued to increase from 97 to 91.
Pricing in Southwest Colorado Springs continues to decline
Colorado Spring Real Estate, October 31, 2009
Market Report for Southwest – Single Family Homes, Homes Close to Fort Carson
Includes Homes in the Broadmoor, Cheyenne Meadows, Bluff Bluffs, Quail Ridge
Search for Homes in Southwest Colorado Springs
Related Articles:
The Southwest housing market continues to be a BUYERS Market, as there is currently a 9.7 month of supply of homes on the market. A 6 month supply of houses on the market is considered a “NEUTRAL MARKET”. 2008 Sales units were down 25% from 2007, but 2008 pricing was only down 10% from 2007. Sales have continued to declined in 2009 and pricing has continued to see downward pressure.
July 2009 Market Report for Homes in Southwest Colorado Springs
Colorado Spring Real Estate
Market Report for Southwest, Single Family Homes
Search for Homes for Sale in Southwest Colorado Springs
Includes Homes in the Broadmoor, Cheyenne Meadows, Bluff Bluffs, Quail Ridge
The Southwest housing market continues to be a BUYERS Market, as there is currently a 9.7 month of supply of homes on the market. A 6 month supply of houses on the market is considered a “NEUTRAL MARKET”. 2008 Sales units were down 25% from 2007, but 2008 pricing was only down 10% from 2007. 303 Single family homes have been sold in 2009 vs. 325 for the same period in 2008 a decline of 22%.
Southwest Colorado Springs still a Buyer’s Market
Market Report for Southwest – Single Family Homes Close to Fort Carson
Includes Broadmoor, Cheyenne Meadows, Bluff Bluffs, Quail Ridge
Search for homes in Southwest Colorado Springs
HOME REPAIR
The Southwest housing market continues to be a BUYERS Market, as there is currently a 9.7 month of supply of homes on the market. A 6 month supply of houses on the market is considered a “NEUTRAL MARKET”. 2008 Sales units were down 25% from 2007, but 2008 pricing was only down 10% from 2007. 249 Single family homes have been sold in 2009 vs. 260 for the same period in 2008 a decline of 4.5%.
Market report for homes in Southwest Colorado Springs, May 2009
Colorado Spring Real Estate Market Report for Southwest
Single Family Homes
Includes homes in Broadmoor, Cheyenne Meadows, Bluff Bluffs, Quail Ridge
Search for homes in Southwest Colorado Springs
Related Article: Colorado Springs Foreclosure listings in SOUTHWEST area as of 6-10-09
The Southwest housing market continues to be a BUYERS Market, as there is currently a 9.2 month of supply of homes on the market. A 6 month supply of houses on the market is considered a “NEUTRAL MARKET“. 2008 Sales units are down 25% from 2007, but 2008 pricing is only down 10% from 2007. 191 Single family homes have been sold in 2009 vs. 202 for the same period in 2008 a decline of 6%.
Current Report as of 6-11-09 Read the rest of this entry »
Colorado Springs Foreclosure listings in the Southwest area as of 5-6-09
Homes in Colorado Springs
Market information for Active and Foreclosure Homes in Southwest As of 5-4-09
For a FREE list of Foreclosure Homes, Email KTorline@msn.com. Search for Homes in SouthWest Colorado Springs
Neighborhoods: Homes in Cheyenne Meadows, Stratmoor Village, Skyway, Broadmoor, Broadmoor Bluffs, Quail Ridge
Active homes for sale, INCLJUDING FORECLOSURES
- Short sales: 24 (5.3%)
- VA Owned: 1 (.2%)
- Bank-owned: 15 (3.3%)
- Normal: 412 (90.9%)
- Government Owned: 1 (.2%)
Foreclosures near Fort Carson
Diamonds in the rough near the Broadmoor – Part II
Search for Foreclosures in Colorado Springs and Fort Carson
My favorite affordable foreclosed homes of last week was on Whistler Hollow Drive on the
East side of Highway 115 in the 80906 zip code. It’s been listed since July 2008, and is currently banked owned. It looks like it’s been under contract a couple of times, but the contracts mus
t have fallen through. The original price started at $240,000 and is now priced at $230,000. When we previewed it last week, new carpet had been put in it and new paint had just been completed on the main level. It’s a 2500 square house with 4 bedrooms, 4 baths with a main level master. There doesn’t seem to be any other houses for sale in the area. Convenient location close to the main gates of Fort Carson.
We then saw a “tree house” in the foothills behind the Broadmoor, in Dixon Heights. It was extremely unique, not sure how else to explain it. Definitely a retreat in the woods; back behind the Broadmoor, the house was mostly built on stilts. As is typical
Homes in Southwest Colorado Springs continues to be a Buyers Market
Colorado Spring Real Estate – Market Report for Southwest, Close to Fort Carson
Single Family Homes – Includes Broadmoor, Cheyenne Meadows, Bluff Bluffs, Quail Ridge
Search for Homes in Southwest Colorado Springs
The Southwest housing market continues to be a BUYERS Market, as there is currently a 9.425 month of supply of homes on the market. A 6 month supply of houses on the market is considered a “BUYER’S MARKET“. 2008 Sales units are down 25% from 2007, but 2008 pricing is only down 10% from 2007.
Diamonds in the rough near the Broadmoor
Luxury Foreclosures near the Broadmoor
Search for Luxury Foreclosures in Colorado Springs
I previewed a variety of interesting bank foreclosures last week in Southwest Colorado Springs, including some homes in the Broadmoor area.
My tour for the week started at a wonderful home in Broadmoor Ridge priced at $269,900. As I started to write this blog today I went back to check some of the info on the property, and it is now under contract. I didn’t think it would last long on the market, as comparables in the area are going for $350,000 to $700,000.
Our second home of day was another luxury foreclosure home in Broadmoor Hills on Oakhurst Lane that has structural damage. The last time it sold in 1996 for over $500,000. The property has amazing views from every window, a 2 story atrium, all on a 1/2 acre lot. Since the last sale in 1996 it looks like it has been listed and withdrawn 7 or 8 times; and it’s been foreclosed on 2 or 3 times. Read the rest of this entry »
Bargain Home in Southwest Colorado Springs as of 4-20-09
Homes in Colorado Springs
Market information for Active and Foreclosure Homes in Southwest As of 4-20-09
For a FREE list of Foreclosure Homes, Email KTorline@msn.com Search for Homes in SouthWest Colorado Springs
Must Read Articles
Neighborhoods: Cheyenne Meadows, Stratmoor Village, Skyway, Broadmoor, Broadmoor Bluffs, Quail Ridge
Active homes for sale, INCLJUDING FORECLOSURES
- Short sales: 22 (4.8%)
- VA Owned: 1 (.2%)
- Bank-owned: 22 (4.8%)
- Normal: 412 (90%)
- Government Owned: 2 (.4%)
Active Homes for Sale as of 4-20-09: 458
- Single Family Homes: 323 (71%)
- Condos/Townhomes/Patio Homes: 135 (29%)
Partial list of Foreclosed homes currently on the market Read the rest of this entry »
33 Unique things to do- #7 Cheyenne Mountain Zoo
Cheyenne Mt. Zoo
For a Free Colorado Springs Relocation Guide, Email Kathy Torline at KTorline@msn.com
Cheyenne Mountain Zoo sits above The Broadmoor Hotel at 6,800 feet up Cheyenne Mountain.
Spencer Penrose was originally given a bear and then other exotic animals became part of his collection. After a child was bitten, he decided he needed a place to house his menagerie and so he built and incorporated it in 1926. Over the years its delighted young and old alike. Want to feed giraffes? You can certainly do that here.
With its 172 species of wild animals, engaging exhibits and irresistible attractions, The Cheyenne Mountain Zoo serves the citizens and visitors of Colorado Springs Read the rest of this entry »
