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Manitou Springs home pricing continues to decline
Homes in Crystal Hills are in Manitou Springs
Search for Homes in Crystal Hills
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Zip Code: 80929
The Crystal Hills housing market continues to be a BUYERS 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“.
Single Family Homes in Crystal Hills were primarily built from 1965 to 2006 with an average age built of 1984. The majority of the houses are 2-stories, ranches, and raised ranches, with 2-4 baths, with 2-3 car garages. The average home has appx. 2000 to 3000 square footage.
You can reach the neighborhood by going West on Manitou Blvd, South on Crystal Hills Dr, South on Crystal Hills under Highway 24, then up the hill to Crystal Hills.
There are also several townhome complexes in the area including; Cielito Lindo which are priced from $365,000 – $625,000; and Crystal Park which are priced from $97,500 to $160,000.
The Manitou Parks in the area include Bill Bauers and Deer Valley Nature Park. The school District is District 14.
Here’s a quick summary of the 2011 Real Estate Market for Crystal Hills
- Pricing decreased by 11% from 2011 to 2010.
- Number of holds sold decreased by 15% from 2011 to 2010.
- Days on Market increased by 2% from 2011 to 2010.
- Price per FINISHED square feet decreased by 13% from 2011 to 2010.
- Price per TOTAL square feet decreased by 17% from 2011 to 2010.
- The pricing for homes in Crystal Hills in Manitou Springs is 19% above the average and pricing in Manitou is 24% above the average pricing for homes in Colorado Springs
|
Year |
Price |
Total Sold |
Average Price per FINISHED square foot |
Average Days on Market |
Average Sold Per Month |
| 2011 |
$291,157 |
14 |
$119 |
123 |
1.1 |
| 2010 |
$321,712 |
16 |
$135 |
121 |
1.3 |
| 2009 |
$356,283 |
19 |
$131 |
138 |
1.6 |
| 2008 |
$344,872 |
22 |
$137 |
156 |
1.9 |
| 2007 |
$310,893 |
17 |
$146 |
123 |
1.4 |
| 2006 |
$351,579 |
24 |
$145 |
73 |
2.0 |
| 2005 |
$297,923 |
17 |
$130 |
95 |
1.4 |
| 2004 |
$299,000 |
13 |
$121 |
34 |
1.1 |
This Colorado Springs Real Estate report contains information on Single Family dwellings in Manitou Springs area of Colorado Springs
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
Manitou Springs housing sales are up in 2010
Manitou Spring Real Estate , Single Family Homes
Search for homes in Manitou Springs
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The Manitou Springs housing market continues to be a Buyer’s Market, as there is currently a 6.8 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 in 2010, but pricing decreased by 1% in 2010.
Recap of 2009, 2008, 2007, 2006, 2005, and 2004
| 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | |
| Number of Homes Sold | 58 | 51 | 62 | 63 | 90 | 80 | 82 |
| Average List Price | $284,938 | $288,154 | $292,931 | $326,757 | $290,533 | $269,743 | $254,814 |
| Average Days on Market | 123 | 100 | 101 | 105 | 97 | 97 | 61 |
| Average # of house sold per month | 4.8 | 4.3 | 5.2 | 5.3 | 7.5 | 6.7 | 6.8 |
Current Report as of 1-11-2011 in Manitou Springs
- Active listings: 33
- Absorption Rate: 4.8 homes per month, a 6.8 month supply of houses currently on the market.
This Colorado Springs Real Estate report contains information on Single Family homes in Manitou 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
Crystal Hills in Manitou Springs, Neighborhood Market Report
Homes in Crystal Hills are in Manitou Springs
Search for Homes in Crystal Hills, Search for Homes in Manitou Springs
The Crystal Hills 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 units were down 13% from 2009 to 2008, but pricing was up 3% from 2009 to 2008. Pricing and sales have continued to decline in 2010.
Single Family Homes in Crystal Hills were primarily built from 1965 to 2006 with an average age built of 1984. The majority of the houses are 2-stories, ranches, and raised ranches, with 2-4 baths, with 2-3 car garages. The average home has appx. 2000 to 3000 square footage. The current average price per square foot is $127.00.
You can reach the neighborhood by going West on Manitou Blvd, South on Crystal Hills Dr, South on Crystal Hills under Highway 24, then up the hill to Crystal Hills.
There are Read the rest of this entry »
Manitou Springs homes, Market report as of June 30, 2010
Manitou Spring Real Estate , Single Family Homes
Search for Homes in Manitou Springs
Zip Codes: 80829
The Manitou Springs homes continues to be a Buyer’s Market, as there is currently a 14 month of supply of homes on the market. A 6 month supply of houses on the market is considered a “NEUTRAL MARKET”. Sales were only down 11% from 2009 to 2008, but average pricing was down 12% from 2009 to 2008. Sales have continued to increase in 2010, but pricing has continued to decrease.
Recap of 2010, 2009, 2008, 2007, 2006, 2005, and 2004
| 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | |
| Number of Homes Sold |
29 |
51 |
62 |
63 |
90 |
80 |
82 |
| Average List Price |
$269,434 |
$288,154 |
$292,931 |
$326,757 |
$290,533 |
$269,743 |
$254,814 |
| Average Days on Market |
120 |
100 |
101 |
105 |
97 |
97 |
61 |
| Average # of house sold per month |
4.8
|
4.3 |
5.2 |
5.3
|
7.5 |
6.7
|
6.8 |
Current Report as of 6-30-2010 for Manitou Springs homes
- Active listings: 68
- Absorption Rate: 4.8 homes per month, an 14 month supply of houses currently on the market.
This Colorado Springs Real Estate report contains information on Single Family homes in Manitou Springs.
This information is taken from the Pikes Peak Realtor Services Corp and is deemed reliable but not guaranteed.
Manitou Springs Housing Market Report, 2009
Housing Market Report for Manitou Springs, Single Family Homes
Includes Homes in Crystal Hills
Homes in Manitou Springs continue to be a Buyers Market, as there is currently a 10.1 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 Manitou Springs sold are down by 18% in 2009 vs. 2008. When comparing the high of 90 homes sold in 2006, unit sales are down by 43%.
- Average pricing continues to see downward pressure, currently down 2% from 2009 to 2008. Pricing is actually down 32% from the high of $326,257 in 2007.
Read the rest of this entry »
Manitou Springs home sales are down 25% for 2009
Manitou Springs Real Estate
Single Family Homes
Search for Homes in Manitou Springs
Related Article: Homes in Crystal Hills, hidden gems
The Manitou Springs Springs housing market continues to be a Buyer’s Market, as there is currently a 18 month of supply of homes on the market. A 6 month supply of houses on the market is considered a “NEUTRAL MARKET”. Sales were only down 1% from 2008 to 2007, but average pricing was down 10% from 2008 to 2007. 35 Single family homes have been sold in 2009 vs. 44 for the same period in 2008; a decline of 25%.
Recap of 2009, 2008, 2007, 2006, 2005, and 2004 Read the rest of this entry »
A tech savvy realtor can help sell your home
Technology and Real Estate
Search for Homes in Colorado Springs
In today’s real estate market, it has become more important than ever for sellers and buyers to hire a real estate agent who understands how to market their home on the Internet.
The day has past for Realtors who only use old-fashioned sales methods in 
real estate; putting a sign in the yard, putting the property in the Multiple-Listing Service (MLS) and sitting back waiting for the phone to ring.
This method might have worked at one time, but no more. Consider these facts:
- In every age group, newspaper readership is down. This trend will only continue. Have you tried to get a teenager to read a book lately? Many are too busy using their text message.
- According to a recent study published on Realtor.org “Nine out of 10 home buyers use Internet in the search process…”
So when you are interviewing a real estate agent to sell your Colorado Springs home: Read the rest of this entry »
Manitou Springs Homes, pricing down 10% from 2007
Manitou Springs Homes
2008 Market Report
Search for Homes in Manitou Springs
Single Family Homes in the Manitou Springs continues to be in a Buyer’s Market, as there is currently a 7.5 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 1% from 2007, but average pricing is down 10% from 2007.
Recap of December Activity
- Homes Sold in the last month: 4
Recap of 2008, 2007, 2006, 2005, and 2004
| 2008 | 2007 | 2006 | 2005 | 2004 | |
| Number of Homes Sold | 62 | 63 | 90 | 80 | 82 |
| Average Sale Price | $292,931 | $326,267 | $290,533 | $269,743 | $254,814 |
| Sales Price to List Price | 95.3% | 94.9% | 96.3% | 97% | 97.1% |
| Average Days on Market | 109 | 105 | 79 | 82 | 61 |
| Average # of house sold per month | 5.2 | 5.3 | 7.5 | 6.7 | 6.8 |
Current Report Read the rest of this entry »
Manitou Springs celebrates annual Fruitcake Toss to benefit Food Bank and end of holiday season
Fruitcake Toss
Search for Homes in Manitou Springs
Come one, come all to the 14th annual fruitcake toss held in Manitou Springs. The launch is set to begin at 9:30 am on January 3, 2009. So, come to Manitou Springs Memorial Park with your canned food entry fee (to be donated to the local food bank) and you too, can participate in getting rid of your unwanted fruitcakes.
Fruitcakes can be hurled, tossed or launched by a pneumatic device, the winner of each category actually wins a trophy. Who wouldn’t want one of these on the mantle? There are age classes as well, so do check out the rules. If you don’t have a fruitcake, you can rent one there. All fruitcakes must be edible (do you know anyone that REALLY eats them?). They must be visible to the Toss Tech Inspectors, though no one will actually taste test it (ugh!).
There are two weight categories, 2lb and the heavy division at 4 lbs. If your cake is underweight, it will be disqualified and if its too heavy it must be cut to the proper weight. Read the rest of this entry »
Colorado Springs Homes, Average Sales Price Comparison
Colorado Springs Homes — Average Sales Price Comparison
Search for Homes in Colorado Springs
The Colorado Springs Area continues to be a a BUYER’s market for single family homes in almost all communities. But it’s important to remember that real estate is regional, and varies on a neighborhood by neighborhood basis. Prices have continued to move downward, and the current prices are similar to where they were in 2004 and 2005.
Date Ave. Sales Price
Sep-08 ……. $242,939
Jun-08 ……. $249,722 Read the rest of this entry »
Adam’s Mountain Cafe in Manitou Springs, a MUST for any visit to Manitou
Search for Homes in Manitou Springs
The other day, Kathy and I decided to go to Manitou Springs for some much needed R & R. While we were soaking in the scenery and taking pictures of the building and mineral water locations, we decided to stop in at Adam’s 
Mountain Cafe, located in the historic spa building, for lunch. Four mineral springs are within 50 yards of the café include the Cheyenne, the Navajo, the Wheeler and the soon to be operating Soda Spring.
Located in the heart of Manitou Springs, its definitely a favorite of the locals in both Colorado Springs and Manitou Springs. Its quirky decor of eclectic tables and chairs around floor to ceiling windows offers an unbelievable view. Its menu is Read the rest of this entry »
Real Estate Dictionary, “G” is for Gift letter
Knowledge is Power, Real Estate Dictionary
What is a gap loan? A gap loan is very similar to a bridge loan, it’s used for temporary financing
My Great Aunt is very ill; can we get a guardian appointed to make legal decisions for her? You’ll want to discuss this with a legal counsel, as a guardian is lawfully appointed by a court who is vested with the power and duty to care for and manage the affairs of a person who is legally incompetent and unable to do so himself.
My Colorado Springs Realtor Read the rest of this entry »
Manitou Springs Homes, August Market Report
Single Family Homes
Must Read Articles for Home Sellers
- Colorado Homeowners, don’t remodel until you read this!
- Are you a pet owner trying to sell your home
- Should I take my home off the market during the holidays?
- A 12 point checklist to make sure your home shows well to Colorado Springs buyers
- Do you want your home in Colorado Springs to stand out from the competition?
- A tech savvy realtor can help sell your home
- It’s all about the home warranty
Manitou Springs Homes are:
- District 14 schools
- 20 – 25 minutes from Fort Carson
- 15 minutes from Pikes Peak Community College
- 20 – 25 Minutes from the Read the rest of this entry »
