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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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How do you confirm a Colorado Springs realtor has a license?

Do you want to know how long the Colorado Springs Real Agent you are working with has been licensed in Colorado?   

Search for Homes in Colorado SpringsRow of cranberries in a question mark

If so, the following link will take you to the Colorado Department of Real Estate Licensee ‘Look up”.

Related Article:

You can search by First name and Last Name, License #, of company name.  As an example, if you search by Kathy, it will bring up 13 pages of people by the first name of Kathy.  You can then look at each person and it will then tell you if their license  is active, inactive, expired, deceased, relinquished, or revoked.

It will also tell you if the Licensee has been subject to any disciplinary action.   

To find out more information about Colorado Springs real estate, Call ……

Kathy (719-287-1049)   KTorline@msn.com    

 

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Manitou Springs Real estate is continuing to stabilize

Manitou Springs Real Estate, Single Family Homes

 Search for homes in Manitou Springs

Related Article:  Northwest Homes are seeing an increase in pricing

The Manitou Springs housing market continues to be a Buyer’s Market, as there is currently a 13 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, and pricing has continued to increase.

Recap of 2009, 2008, 2007, 2006, 2005, and 2004

  2010 2009 2008 2007 2006 2005 2004
Number of Homes Sold 36 51 62 63 90 80 82
Average List Price $296,333 $288,154 $292,931 $326,757 $290,533 $269,743 $254,814
Average Days on Market 158 100 101 105 97 97 61
Average # of house sold per month 4.5 4.3 5.2 5.3  7.5 6.7  6.8

Current Report as of 9-5-2010 in Manitou Springs  

  • Active listings:    59
  • Absorption Rate:  4.5 homes per month, a 13 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 Colorado Springs Homes and Manitou Springs Real Estate, Call ……
Kathy (719-287-1049)   KTorline@msn.com

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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

 Manitou Springs Pricing comparison 6 30 10

  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.

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Manitou Springs pricing holds strong

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

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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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Colorado Springs Home prices — similar to 2004

Graphs tell the story on Colorado Springs home prices

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Since a lot of my business is relocation, I talk to a lot of people who are looking at moving to the Colorado Springs area.   Even though our average pricing is down in Colorado Springs, we certainly haven’t been hit as hard as many cities.   The graph below really shows exactly where the current average pricing is, which is close to 2004 pricing.   But like all cities, the average price varies vastly on a neighborhood by neighborhood basis.  Some areas have held strong, and some areas have seen their pricing drop by 30% or more.

COS price comparision july 2009

To find out more information about Colorado Springs Real Estate, Contact Kathy Torline  (KTorline@msn.com) 719-287-1049

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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%. 

manitou springs july 2009

Recap of 2009, 2008, 2007, 2006, 2005, and 2004 Read the rest of this entry »

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Homes in Crystal Hills, hidden gems

My neighborhood pick of the week– Crystal Hills in Manitou Springs

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Crystal Hills is a community that is tucked away in Manitou Springs and contains mostly semi custom and custom homes built in the foothills of Colorado Springs.

IMG_1587 crystal hills sign

 To get to Crystal Hills homes from I-25, turn west onto Colorado Blvd. which turns into Manitou Blvd.    Turn south on Crystal Hills Blvd. (by the Comfort Inn at 45 Manitou Avenue). 

Single family homes in Crystal Hills currently range in price from $275,000 to $500,000.

IMG_1594 cathy outside shot

The majority of the houses Read the rest of this entry »

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Do your homework on building permits

Do your homework on Building Permits
Previous Posts

The El Paso County Assessor’s office is one of the web sites I frequently check when I’m getting ready to write an offer for a homebuyer in the Colorado Springs Area.   I like to look at the square footage, the bedrooms, the baths, the garage, and the basement information listed on the assessor’s office and compare it to tConstruction worker uid 1352374he information on the Multiple Listing Print-out.    Also, out of curiosity, I also look at the assessed value listed on the property.  (I’ll write more on this later.)

You may ask, why is all of this information important?   The biggest reason it is important is that discrepancies may (and I underline the word may) mean that there has been additions and improvements to the property that have not been permitted.   If the assessor’s records only show 2 bathrooms, and the property has 3, it may mean there was an additional bathroom added that wasn’t permitted.      If the assessor shows the basement was unfinished and the property has a finished basement, again it may mean no permits.

The next step that I do is to check the Pikes Peak Regional Building Department and see what type of permits have been done on the property.   Permits are important as they ensure Read the rest of this entry »

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Colorado Springs townhome and condo sales continue to be slow, down 28% for the year

Colorado Springs Townhomes and Condos
Must Read Article:  Townhome bargains in Colorado Springs
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The Colorado Springs townhome and condo market continue to be a BUYERS Market, as there is currently a 11.6 month of supply of homes on the market.   A 6 month supply of houses on the market is considered a “NEUTRAL MARKET”.    427 townhomes/condos have been sold in 2009 vs. 579 for the same period in 2008; a decline of 28%.

townhomes-condos 

Current Market Read the rest of this entry »

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Manitou Springs is still a Buyer’s market for homes

Manitou Springs  Real Estate 

Single Family Homes

Search for Homes in Manitou Springs

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 are only down 1% from 2008 to 2007, but average pricing is down 10% from 2008 to 2007.

 manitou-springs-2009-vs-2004

Recap of 2009, 2008, 2007, 2006, 2005, and 2004 

  1-1-2009 to 3-31-09 2008 2007 2006 2005 2004
Number of Homes Sold 6  62  63 90 80  82
Average Sale Price $222,583 $288,634 $331,214 $293,955 $268,868 $251,372
Sales Price to List Price 92.2%  95.3% 94.9%  96.3%  97%  97.1%
Average Days on Market 244  138 133  101  99  70
Average # of house sold per month 2  5.2 5.3 7.5 6.7 6.8

Current Report as of 4-10-09 in Manitou Springs Read the rest of this entry »

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Manitou Springs celebrates annual Fruitcake Toss to benefit Food Bank and end of holiday season

Fruitcake Toss

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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 »

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Carbon Monoxide Alert

 

Get a Free Market Analysis on your Home, Email KTorline@msn.com  or call 719-287-1049
Colorado Springs Vintage Homes is happy to feature an article by our NEWEST Guest Blogger
Mark W. Baxley with Brick and Mortar Home Inspections, Inc.
Why Should I Open a Window When Using a Wood Burning Fireplace?

It is important that your home has sufficient outside air for combustion when using a wood burning fireplace.  Insufficient outside air could cause the fireplace to steal combustion air from another source inside the home; typically from the furnace and water heater vents.  When this occurs, down drafts in the flues (known as back venting) permit combustion byproducts, to include carbon monoxide, to enter the home.  This is unsafe and could cause harm to the home’s occupants.

There is a simple solution to prevent back venting from occurring.  Simply open a nearby window approximately 1″ – 2″ when using a wood burning fireplace.  This will ensure the home is provided with sufficient outside air.  It is also a good idea to ensure the home is equipped with a carbon monoxide monitor.

Have a question?  Contact Mark at 719-380-0171

bam-home-inspections@comcast.net

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To find out more information about Colorado Springs, Call ……
Kathy (719-287-1049)   KTorline@msn.com

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Colorado Springs Building Permits — Part II

Everything you want to know

Get a Free Market Analysis on your Home, Email KTorline@msn.com  or call 719-287-1049

All about Building Permits in Colorado Springs – Knowledge is Power
Previous 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 III
Colorado Springs Building Permits — Part IV   

 (1) QUESTION:  What type of building codes does the Pikes Peak Regional Building Department enforce?

ANSWER;  They enforce Building Codes, including the State Electrical Code, the State Plumbing Code, the Fuel Gas Code, the Energy Code, the Mechanical Code, and the Elevator Code. They also enforce Floodplain and Enumeration regulations.

(2)  QUESTION:  What is the Dangerous Building Code?  Is there such a Code?

ANSWER:  The explanation posted on the Regional Building Site is ” ………… part of the Regional Building Code, includes buildings that have been burned, damaged by a vehicle running into it, or a natural disaster that may render the structure unsafe.  The property owner is given the opportunity to correct the items that make the building unsafe, either by fixing it, boarding it up or having it demolished.”  The Building Code is posted online and you can go to the site and read the Dangerous Building Code.

(3) QUESTION: Is there any type of code about dilapidated buildings?

Read the rest of this entry »

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Colorado Springs Homes, Average Sales Price Comparison

 Colorado Springs Homes — Average Sales Price Comparison

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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 »

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Manitou Springs celebrates Emma Crawford with annual coffin races and wake

Coffin Races are one of a kind

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Come one, come all!!!  Manitou Springs is celebrating one of its most famous residents, Emma Crawford! She came to Manitou around the 1880’s suffering from tuberculosis then know as consumption.  She was a lovely young woman and was accompanied by her Mother and fiancee.  Low and behold, she started to improve in the crisp mountain air and loved to hike on Red Mountain.  She was busy with planning her wedding when she took a turn for the worst.  Her fiancee promised to bury her atop her favorite mountain and so when she died (1891) he did indeed bury her up there.  Over the years, with all the rains, her coffin came to the top of the land and she slid down her mountain. She was then buried in an unmarked grave in the local cemetery, but the townspeople refused to forget about her. 

Every year the folks in Manitou Springs hold a festival in her honor.  Its held close to Halloween Read the rest of this entry »

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