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Neighborhood Pick of the Week: Homes in Crystal Hills in Manitou Springs

Homes in Crystal Hills are in Manitou Springs

Search for Homes in Crystal Hills

Search for Homes in Manitou Springs

Zip Code 80929

 

The Crystal Hills 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“.    

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 2010 Real Estate Market for Crystal Hills

  • Pricing decreased by 7% from 2010 to 2009
  • Number of homes sold decreased by 13% from 2010 to 2009
  • Days on Market decreased by 12% from 2010 to 2009
  • Price per FINISHED square feet decreased by 5% from 2010 to 2009. 

Year

Price

Total Sold

Average Price per FINISHED square  foot

Average Days on Market

Average Sold Per Month

2010

$371,712

15

$125

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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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.

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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

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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.

2009 pricing manitou

2009 DOM Manitou

2009 Homes Sold Manitou

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Manitou Springs pricing holds strong

Manitou Springs Real Estate  – Single Family Homes – Market Report for October 31, 2009

Search for Homes in Manitou Springs

Related Articles:

The Manitou Springs Springs housing market continues to be a Buyer’s Market, as there is currently a 15 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 1% from 2008 to 2007, but average pricing was down 10% from 2008 to 2007.    Sales have continued to decline in 2009, but pricing has increased.

Pricing 

Manitou Days on Market 

Read the rest of this entry »

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Don’t let your dream house become a nightmare

Tips for Colorado Home Buyers, beware of buying a meth home  Part II

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What are the dangers of living in a meth lab house?

The dangers that go along with meth houses include exposure to cancer causing chemicals that can saturate walls, carpets and other building materials as well as all contents.  Lead and mercury are common byproducts.  Chemicals, such as solvents, may be disposed of in plumbing or simply poured on the ground. If not removed properly these can cause various health problems.

Meth manufacturing or cooking leaves behind 5 to 7 pounds of chemical waste for each pound of meth that is produced.  These byproducts are considered hazardous waste.   Mitigation can include: 

  • REMOVAL: Furnishings, draperies, carpeting, wallpaper, paneling, etc.
  • VENTILATION: When solvents and other chemicals that may have soaked into the walls are slowly vaporizing.
  • NEUTRALIZATION: Where acids or bases have been used, the potential for harmful effects may be reduced or removed through neutralization.
  • DETERGENT-WATER WASHING: Some nonporous and semi-porous surfaces such as floors, tiles, walls and ceilings can be cleaned with detergent washing.
  • ENCAPSULATION or SEALING: Contamination may be covered with layers of oil-based paint, polyurethane or other materials.

It’s important to understand that to properly clean up a meth house you need professionals.  The state of Colorado does not regulate meth lab cleanup.   It’s also Read the rest of this entry »

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Colorado Springs Building Permits — Part III

 Everything you want to know
about Building Permits in Colorado Springs – Knowledge is Power
Must Read Posts
5 reasons lack of building permits cause big problems
Colorado Springs Building Codes and Permits – Part I 
Colorado Springs Building Permits – Part II
Colorado Springs Building Permits — Part IV   

(1) QUESTION:  Are rain gutters and downspouts on single family homes required by building codes in Colorado Springs?

ANSWER:  Yes, they are required by code.

(2) QUESTION:  I want to put up a 5′ fence around the backyard of my home in Old Colorado City, and my neighbor said I needed a permit.  Is he correct?

ANSWER:  No, you only need a building permit for fences over 6′.   But it is still a good idea to call and get the utilities located.  You may also want to get an Read the rest of this entry »

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