Colorado Springs Vintage Homes Blog
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Neighborhood Profile — Downtown Colorado Springs
Homes in Downtown Colorado Springs are in the Central Area of the city
Search for Homes in Central Colorado Springs
Zip Code 80903
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Single Family Homes in Downtown Colorado Springs were primarily built from 1890 to 1924, with an average age built in the 1910’s. The majority of the houses are ranches and 2 stories, 1-2 baths, with 2 – 4 bedrooms, 1-2 car detached garage.
The Downtown Colorado Springs 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”.
Here’s a quick summary of the 2011 Real Estate Market for Downtown Colorado Springs Read the rest of this entry »
Housing sales in Central Colorado Springs have continued to increase
Colorado Spring Real Estate, Market Report for Central Colorado Springs, Single Family Homes
Includes Homes in Downtown, Patty Jewett, Divine Redeemer, Old North End, East End Addition
Zip codes include: 80903, 80907
Search for homes in Central Colorado Springs
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The Central part of Colorado Springs 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 were up 3% from 2009 to 2008, but average pricing was down 13% from 2009 to 2008. Pricing and Sales have continued to increase in 2010.
Recap of 2010, 2009, 2008, 2007, 2006, 2005, and 2004
| 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | |
| Number of Homes Sold | 312 | 580 | 561 | 589 | 735 | 802 | 678 |
| Average List Price | $163,093 | $145,306 | $167,910 | $192,233 | $187,102 | $175,122 | $165,234 |
| Average Days on Market | 74 | 71 | 85 | 78 | 62 | 57 | 43 |
| Average # of homes sold per month | 52 | 48.3 | 46.8 | 49.1 | 61.3 | 66.8 | 56.5 |
Current Report as of 8-31-2010 in Central Area area
- Active listings: 420
- Under Contract and Pending : 73
- Absorption Rate: 52 homes per month, a 8.0 month supply of houses currently on the market
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Kathy (719-287-1049) KTorline@msn.com
Houses in Central Colorado Springs are NOT staying on the market long
Colorado Spring Real Estate
Market Report for Central Colorado Springs – Single Family Homes
Search for Homes in Central Colorado Springs
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The Central part of Colorado Springs housing market continues to be a NEUTRAL Market, as there is currently a 4.45 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 16% from 2008 to 2007, but average pricing is only down 5% from 2007 to 2008. Days on Market continues to decrease, which is a great sign for home sellers in this area.
Downtown Colorado Springs Homes, August Market Report
Search for Homes in Downtown Colorado Springs
Single Family Homes in Downtown Colorado Springs were built from the 1900’s to the 1940’s. The majority of the houses are ranches and 2-storys, with 2 to 3 bedrooms, 1 -2 baths, and 1 – 2 car garages. The average home has appx. Read the rest of this entry »
