Colorado Springs Vintage Homes Blog
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Homes in Central Colorado Springs, a little bit of history
Homes in Central Colorado Springs
Search for Colorado Springs Historic Homes
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Every realtor has parts of town that they love; where they are always excited to show homes. For me, it’s in the Central areas in Central Colorado Springs. I find the old houses so interesting, only wish they could talk to me and tell me their story. Who lived in them, who did the last remodels, what have they seen during their life? Some of these older neighborhoods, have generations of families who have lived in the area for 40 to 50 years; and they are a wealth of information about the homes and previous owners, and Colorado Springs History.
I often get asked about different neighborhoods and the average prices in certain areas; and thought it may be helpful to share some information I put together on a few of the popular neighborhoods in central Colorado Springs. The information includes averages on the year built, price per square foot, and the number of homes that sold in the subdivision in 2011.
The Old North End and Downtown, continue to be very popular areas with home buyers interested in Historic Homes. Prospect Park and Stratton Meadows have became a very popular area with investors; as it’s a very popular area for renters.
This Colorado Springs Real Estate report contains information on Single Family Homes in The North End.
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
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 »
Neighborhood Profile, Historic Old North End in Colorado Springs
Homes in North End are in the Central Area in Colorado Springs
Search for Homes in Central Colorado Springs
Zip Code 80903 & 80907
Single Family Homes in Old North End were primarily built from 1901 to 1981, with an average age built in the 1920’s. The majority of the houses are 2-stories and ranches, 2-3 baths, with 1 – 2 car garages, both attached and detached. 
The Old North End housing market continues to be a BUYERS Market, as there is currently a 30 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 and 2011 Real Estate Market for North End
- Pricing increased by 41% from 2010 to 2009
- Number of homes sold increased by 70% from 2010 to 2009
- Days on Market increased by 40% from 2010 to 2009
- Price per FINISHED square feet increased by 7% from 2010 to 2009
- Number of homes sold in 2011 is similar to 2009, currently at 8 for 2011
- The prices of active listings currently range from $144,000 to $2,250,000
- The average house currently on the market was built in 1919 and is priced at $546,098
- There are 387 homes in the neighborhood
- There are currently 4 homes in pre-foreclosure and 1 bank-owned home in the neighborhood.
The area is located in Central Colorado Springs, between Fillmore and Uintah, East of Nevada. There are several parks in the area, including Monument Valley. The school District is District 11; and the majority of students to go Steele Grade School, North Junior High and Palmer High School. The neighborhood is close to Downtown Colorado Springs, Patty Jewett Golf Course, and Penrose Hospital.
This Colorado Springs Real Estate report contains information on Single Family in Historic Old North End
This information is taken from the Pikes Peak Realtor Services Corp and is deemed reliable but not guaranteed.
Kathy (719-287-1049) KTorline@msn.com
Bargain time in Central Colorado Springs
Colorado Springs Housing Market Report for CENTRAL Homes, Single Family Homes
Neighborhoods Include: Homes in Downtown, Patty Jewett, Divine Redeemer, Old North End, East End Addition
Zip code 80903 and 80907
Search for homes in CENTRAL Colorado Springs
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Here’s a quick summary of the Real Estate Market for Central Colorado Springs for 2010 and for the first half of 2011 Read the rest of this entry »
Average prices have increased for Homes in Central Colorado Springs
Colorado Spring Real Estate, Market Report for Single Family Homes in Central Colorado Springs
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
The Central part of Colorado Springs housing market continues to be a NEUTRAL 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 down 7% from 2010 to 2009, but average pricing was up 13% from 2010 to 2009. Days on Market has continued to increase from 2009 to 2010.
Recap of 2010, 2009, 2008, 2007, 2006, 2005, and 2004
| 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | |
| Number of Homes Sold | 537 | 580 | 561 | 589 | 735 | 802 | 678 |
| Average List Price | $162,780 | $145,306 | $167,910 | $192,233 | $187,102 | $175,122 | $165,234 |
| Average Days on Market | 105 | 71 | 85 | 78 | 62 | 57 | 43 |
| Average # of homes sold per month | 44.8 | 48.3 | 46.8 | 49.1 | 61.3 | 66.8 | 56.5 |
Current Report as of 1-4-10 in Central Area area
- Active listings: 366
- Under Contract and Pending : 55
- Absorption Rate: 44.8 homes per month, a 8.2 month supply of houses currently on the market
This Colorado Springs Real Estate report contains information on Single Family Homes in Central area of 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
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
If you enjoyed reading this article, why not Subscribe to be notified of the next one?
Kathy (719-287-1049) KTorline@msn.com
Market report for homes in Colorado Springs, Central Area as of June 30, 2010
Colorado Spring Real Estate
Market Report for Homes in Downtown 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 Downtown and 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 6.75 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 decline in 2010.
Recap of 2010, 2009, 2008, 2007, 2006, 2005, and 2004
First Quarter Market Report for Homes in CENTRAL Colorado Springs
Colorado Spring Real Estate
Market Report for Central and Downtown Colorado Springs, Single Family Homes
Includes Homes in Old North End, Patty Jewett, Roswell, East End Addition, Bonnyville, Downtown
Search for homes in Central Colorado Springs
The Central part of Colorado Springs housing market continues to be a NEUTRAL Market, as there is currently a 8.57 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 2009, but average pricing was down 13% from 2009 to 2008. Pricing and Sales have continued to decline in 2010.
Recap of 2010, 2009, 2008, 2007, 2006, 2005, and 2004
| 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | |
| Number of Homes Sold | 136 | 580 | 561 | 589 | 735 | 802 | 678 |
| Average List Price | $142,832 | $145,306 | $167,910 | $192,233 | $187,102 | $175,122 | $165,234 |
| Average Days on Market | 66 | 71 | 85 | 78 | 62 | 57 | 43 |
| Average # of homes sold per month | 45.3 | 48.3 | 46.8 | 49.1 | 61.3 | 66.8 | 56.5 |
Current Report as of 3-31-10 in Central Area area
- Active listings: 388
- Under Contract and Pending :
- Absorption Rate: 45.3 homes per month, a 8.57 month supply of houses currently on the market
Central Part of Colorado Springs homes are in District 11 School District
- Close to Memorial Hospital and Penrose Hospital
- Close to and the Olympic Training Center
- Close to Colorado College
- Great views of Pikes Peak
- Close to the Colorado Springs School for Deaf and Blind
- 20 Minutes from the Colorado Springs Airport
- 10 minutes from Citadel Shopping Mall
This Colorado Springs Real Estate report contains information on Single Family dwellings in Central Central Colorado Springs
This information is taken from the Pikes Peak Realtor Services Corp and is deemed reliable but not guaranteed.
Top 5 Foreclosures in Central Colorado Springs
Central Homes in Colorado Springs – Market breakdown for Active Homes as of 3-5-10
For a FREE list of Foreclosure Homes, Email KTorline@msn.com
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The Central area is located in historic part of Colorado Springs and homes are in District 11 schools. This area extends from I-25 (west) to Union Blvd. and Circle Drive (east), Circle Drive (south) and Austin Bluffs (north).
Active homes for sale: 253
- Short sales: 35 (11.6%)
- Bank-owned: 11 (3.6)
- Regular: 253 (83.8%)
- HUD: 0
- Government Owned: 1 (.3%)
- VA Owned: 2 (.6%)
Here a list of my Top 5 Colorado Springs CO Foreclosures in the Central Area
|
# |
MLS# |
Area |
BSA |
Address |
PT |
Br/Ba/G |
FLR |
YB |
Fin SQ |
Tot SQ |
LP |
CDOM |
|
1 |
673966 |
CEN |
|
2604 N Meade AV |
SIF |
3,1,2 |
RAN |
1954 |
1,349 |
1,349 |
$149,900 |
197 |
|
2 |
650204 |
CEN |
S/E |
2334 St. Paul DR |
SIF |
3,3,2 |
2 |
2003 |
1,588 |
1,588 |
$155,000 |
10 |
|
3 |
668825 |
CEN |
|
1617 E Platte AV |
SIF |
4,2,2 |
2 |
1941 |
1,988 |
2,409 |
$199,000 |
8 |
|
4 |
631055 |
CEN |
|
823 E Boulder ST |
SIF |
4,2,2 |
2 |
1908 |
1,909 |
2,377 |
$238,900 |
17 |
|
5 |
537856 |
CEN |
|
1435 N Cascade AV |
SIF |
6,6,3 |
2 |
1904 |
6,703 |
7,609 |
$799,900 |
86 |
Downtown Colorado Springs Homes – Market Report for 2009
Market Report for CENTRAL and DOWNTOWN area, Single Family Homes
Includes Homes in Old North End, Roswell, Bonnyville, Patty Jewett, Downtown
Search for homes in CENTRAL and DOWNTOWN Colorado Springs
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Homes in Colorado Springs CENTRAL area continue to be a NEUTRAL Market, as there is currently a 6.7 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 CENTRAL area in Colorado Springs sold are up in 2009 vs. 2008, but are down substantially from 2005, when 802 homes were sold.
- Average pricing continues to see downward pressure, currently down 13% from 2009 to 2008. Pricing is actually down 25% from the high of $192,233 in 2007.
New rules make condo buying harder
Colorado Springs Condos — just got harder to buy
Search for Condos in Colorado Springs
Fannie Mae has instituted new rules when it comes to giving loans for condos. If the building is brand new, they want to make sure there 
are enough owners to pay for maintenance and preserve the value of the property. These new rules are designed to protect the buyers and lenders but they could also make it harder for the owners to sell them.
Fannie Mae will only guarantee mortgages in new or newly converted condos if 70% of the units are sold or under contract. That 70% could be hard to reach if buyers cannot get financing. In older units, Fannie Mae will not guarantee a mortgage if more than 15% of the other owners are delinquent on the HOA fees.
Fannie Mae wants to reduce the risk for lenders and protect buyers from Read the rest of this entry »
It continues to be a great time to buy a home in the Central area of Colorado Springs
Colorado Spring Real Estate – 2004 to 2009 Market Report for Central Colorado Springs
Single Family Homes
Search for Homes in Central Colorado Springs
The Central area of Colorado Springs housing market continues to be a NEUTRAL Market, as there is currently a 4.56 month of supply of homes on the market. A 6 month supply of houses on the market is considered a “NEUTRAL MARKET”. Sales in 2008 were down 16% from 2007, but average pricing was only down 5% from 2007. Average prices on Home Sales ($139,813) in the first two months of 2009 were down substantially from the pricing for the same months in 2008 ($162,185). It continues to be a great time to buy in a home in Colorado Springs.
Recap of 2008, 2007, 2006, 2005, and 2004 Read the rest of this entry »
Colorado Springs Downtown — 2008 Pricing ONLY down 5% in Central Area
Colorado Spring Real Estate
Market Report for Central Colorado Springs – Single Family Homes
Search for Homes in Downtown Colorado Springs
The Central part of Colorado Springs housing market continues
to be a 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“. Sales are only down 16% from 2007, but average pricing is only down 5% from 2007.
Recap of December Activity
- Homes Sold in the last month: 59
Recap of 2008, 2007, 2006, 2005, and 2004
| 2008 | 2007 | 2006 | 2005 | 2004 | |
| Number of Homes Sold | 933 | 1120 | 1293 | 1447 | 1349 |
| Average List Price | $173,096 | $182,374 | $182,148 | $170,601 | $157,908 |
| Average Sold Price | $169,950 | $179,900 | $177,000 | $168,000 | $156,400 |
| Sales Price to List Price | 98.4% | 98.7% | 99.2% | 99.5% | 99.3% |
| Average Days on Market | 88 | 81 | 62 | 58 | 52 |
| Average # of homes sold per month | 77.8 | 93.3 | 107.8 | 120.6 | 112.4 |
Current Report as of 1-15-09 in Central Area
- Active listings: 393
- Under Contract and Pending : 73
- Absorption Rate: 77.8 homes per month, a 5 monthly supply of houses currently on the market
Downtown Colorado Springs, November Market Report for November 2008
Colorado Springs Real Estate
- Market Report for Downtown – Single Family Homes
Search for Homes in Downtown Colorado Springs
Single Family Homes in Downtown Colorado Springs were built from 1900 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. 1000 to 1750 square footage. The absorption rate of .81 houses per month shows that there is a 12.2 month supply of houses on the market; the housing market is currently a BUYERS MARKET in this area.
Central Downtown area neighborhood is located in the Central area of Colorado Springs and in District 11 schools
Homes in Colorado Springs, September Market Report for Central Area
Homes in Colorado Springs – Central
Market breakdown for Active Homes as of 10-6-08
Neighborhoods: Homes in Ivywild, Old North End, Patty Jewett, Divine Redeemer, East End Addition, Crown Hill Mesa, Boulder Heights, Spring Creek
- Single Family Homes: 420 (76%)
- Condos/Townhomes/Patio Homes: 133 (24%)
Breakdown of Active homes for sale as of 10-6-08:
- Short sales: 32 (5.8%)
- VA Owned: 2 (.4%)
- Bank-owned: 58 (10.5%)
- Regular: 461 (83.4%)
Partial list of Foreclosed Read the rest of this entry »
Colorado Springs Home — Is a Condo or a Townhome right for you?
Search for TownHomes or Condos in Colorado Springs
What are the advantages of owning a condo or a townhome?
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There are many advantages of owning a condo or a townhome, one of which are the amenities that may be part of the complex such as a pool, hot tub, sauna, fitness center or clubhouse. These are some of the perks you
might not be able to afford or even have room for if you were to purchase a single-family home.
What are the disadvantages?
Of course, as with all things, there are some disadvantages to owning a condominium or a townhome, such as the lack of privacy that a single-family detached home affords. You are also confined to the Read the rest of this entry »
Downtown Colorado Springs Homes, July Market Report
Search for Homes in Colorado Springs
Single Family Homes in Downtown Colorado Springs were built from 1900 to the 1940’s. The majority of the houses are ranches and 2-stories, with 2 to 3 bedrooms, 1 -25 baths, and 1 – 2 car garages. The a
average home has approx. 1000 to 1750 square footage. The absorption rate of .85 houses per month shows that there is a 11.71 month supply of houses on the market; the housing market is currently a BUYERS MARKET in this area.
Central Downtown area neighborhood is located in District 11 Schools
Central Downtown homes are:
- Close to Fort Carson
- Close Read the rest of this entry »
