Colorado Springs Vintage Homes Blog
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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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- Homes in Holland Park in West Colorado Springs
- Homes in Mountain Shadows remain strong
- Neighborhood Profile, Pinecliff in Northwest Colorado Springs
Here’s a quick summary of the Real Estate Market for Colorado Springs Northwest area for
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 »
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
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- Neighborhood Pick of the week, Pleasant View near the Air Force Academy
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- Homes in Holland Park in West Colorado Springs
- Pinecliff Homes, Northwest Colorado Springs
- Houses in Flying Horse are seeing a price increase
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?
Kathy (719-287-1049) KTorline@msn.com
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?
Kathy (719-287-1049) KTorline@msn.com
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 |
If you enjoyed reading this article, why not Subscribe to be notified of the next one?
Kathy (719-287-1049) KTorline@msn.com
Interesting foreclosed home in Holland Park
Colorado Springs Foreclosed Properties
Search for Colorado Springs Foreclosures
Related post:
I saw an interested foreclosed home yesterday in West Colorado Springs in Holland Park. The property definitely has possibilities, even though it needs lots of TLC and updates. Here’s the main facts, it was built in 1978 and is currently listed at $184,900; 4 bedrooms, 2 baths, 2 car garage. The property was foreclosed on in May 2009 and the El Paso County Assessor has it valued at $232,000. It last sold in 2005 at $217,500 The property has some nice curb appeal from the outside, stucco, circular drive; in my opinion it looks nicer on the outside vs. the inside. It’s in a nice established west side neighborhood.
The bank (who is the current owner) has put in new carpet and new paint; but there is still plenty that needs to be done. In the master bedroom, one of the closets had been converted to an additional bathroom, even though there is a small bath right around the corner. The bathroom conversion (addition) was not done very well, and probably should be torn out and it should be made back to a closet. Or better yet, do a major change and take the 2 bathrooms and combine them to 1 nice spacious master bath. OR, the bathroom in the closet could be redone; as then it would be very usable for handicap access.
Kitchen was also pretty outdated; as it 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 »
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
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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 »
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.
