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
Related Articles
- Colorado Springs Home Values, square footage price varies
- Colorado Springs Neighborhood — Pinon Valley
- 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
Related Articles:
- Colorado Springs Home Values, square footage price varies
- Neighborhood Pick of the week, Pleasant View near the Air Force Academy
- Homes in Crystal Hills, hidden gems
- Colorado Springs Neighborhoods – Pleasant Valley
- Colorado Springs Neighborhood — Pinon Valley
- 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
Mountain Shadows homes, market update for 2010
Homes in Mountain Shadows are in the Northwest Area in Colorado Springs
Search for homes in Mountain Shadows
Zip Code 80919
Related Articles on Colorado Springs Neighborhoods:
- Homes in Crystal Hills, hidden gems
- Pinecliff homes, secluded and quiet
- Colorado Springs Neighborhoods – Pleasant Valley
- Colorado Springs Neighborhoods — Pinon Valley
- Southface homes in the Foothills of Colorado Springs
The Mountain Shadows 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 4.5 % from 2009 to 2008, AND pricing was down 10% from 2009 to 2008. Pricing and sales units are continuing to see an increase in 2010.
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 |
$375,520 |
41 |
$108 |
109 |
4.6 |
| 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 |
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To find out more information about buying a home in Colorado Springs or Manitou Springs, call ….
Kathy (719-287-1049) KTorline@msn.com
Price Per square foot has BIG variances in Colorado Springs
Colorado Springs realestate, pricing per square footage
For a free market analysis on your neighborhood and home, Email Kathy at KTorline@msn.com
Colorado Springs realestate is just like any other city in that average prices vary vastly in different areas. The local MLS (Multiple Listing Service) breaks down the City into different areas, and within each area there are many different neighborhoods. As part of putting together monthly market statistics, I also put together info on average price per square footage and average price per FINISHED square footage. As you can tell from the info below, average square footage pricing varies vastly in different parts of Colorado Springs. This information is a broad base guideline, as within each area, neighborhoods pricing can vary immensely.
The southwest area, which includes homes in The Broadmoor Area, and homes in Manitou Springs are the highest prices per square foot and homes in Old Colorado City are currently the cheapest per square foot. Homes in the Northeast area, which includes Vista Grande and Pulpit Rock are in the middle of the pack with an average price per square foot of $93.00.
| MLS Area | Average price per square foot | Average Price per FINISHED per square foot | Includes These Neighborhoods |
| Old Colorado City | $ 79.39 | $ 114.99 | Crown Mill Mesa and Gold Hills Mesa |
| Falcon North | $ 79.40 | $ 91.25 | Woodmen Hills |
| SouthEast | $ 81.51 | $ 89.26 | Pikes Peak Park, Soaring Eagles |
| Fountain Valley | $ 82.61 | $ 92.95 | Fountain, Security & Widefield |
| East | $ 83.92 | $ 97.43 | Rustic Hills and Village Seven |
| Peyton | $ 85.93 | $ 103.87 | |
| Central | $ 89.67 | $ 104.20 | Old North End, Downtown, and Patty Jewett |
| Power | $ 89.76 | $ 99.44 | Stetson Hills and Ridgeview at Stetson Hills |
| Black Forest | $ 92.76 | $ 140.90 | |
| Marksheffel | $ 93.13 | $ 98.90 | Meridan Ranch and Banning Lewis Ranch |
| Northeast | $ 93.48 | $ 97.96 | Pulpit Rock, Vista Grande |
| Woodland Park | $ 95.67 | $ 102.82 | |
| Ute Valley | $ 96.12 | $ 112.32 | Cascade and Chipeta |
| Northgate | $ 100.65 | $ 120.12 | Gleneagle |
| Tri-Lakes | $ 107.74 | $ 106.43 | Woodmoor, Kings Deer, and Jackson Creek |
| Briargate | $ 109.21 | $ 99.44 | Windjammer, Gatehouse Village, and Pinecreek |
| Northwest | $ 118.31 | $ 124.64 | Mountain Shadows, Rockrimmon |
| West | $ 119.36 | $ 150.30 | Kissing Camels and Pleasant Valley |
| Manitou | $ 121.25 | $ 159.55 | Crystal Hills and Crystal Park |
| Southwest | $ 126.48 | $ 110.60 | Broadmoor area, Stratton Meadows, Cheyenne Meadows |
This Colorado Springs Real Estate report contains information on Single Family homes in Palmer Lake.
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
Colorado Springs Real Estate, 2009 Market Report for Northwest Area
Colorado Spring Real Estate
Market Report for Northwest – Single Family Homes
Includes Homes in Rockrimmon, Mountain Shadows, Peregrin, Pinecliff
Homes in Colorado Springs Northwest continue to be a NEUTRAL Market, as there is currently a 4.1 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 Northwest Colorado Springs sold are almost the same as 2008, but are down substantially from 2005, when 532 homes were sold.
-
Average pricing continues to see downward pressure, currently down 12% from 2009 to 2008.
More townhome bargains – Part II
My favorite townhome/condos in northwest Colorado Springs
Related Article: Townhome bargains in Colorado Springs
Search for Townhomes and condos in Colorado Springs
This is a continuation of an article I recently posted about my favorite townhomes and condos in Northwest Colorado Springs. There are some very attractive deals in the townhome/condo market; as they seem to have been hit even harder on pricing than single family homes. Here’s some more of my favorite properties I’ve recently previewed.
Condominimus in RavenCrest in Northwest Colorado Springs: Wonderful complex off of West Woodmen Road; very 
close to I-25. There are currently a couple of 1 bedroom 1 bath units on the market for less than $75,000; and a 2 bedroom 2 bath units that is bank-owned for less than $110,000. There also is a HUD repo for sale that is listed as under contract which is a 2 bedroom 2 bath unit priced under $75,000. Not very long ago the 2 bedroom 2 bath units were going for over $130,000. Included with the great location, the units are in the District 20 school district and include an outdoor swimming pool and a club house; although none of them includes garages, just carport spaces.
Arbours at Mountain Shadows: One of my favorite complexes in northwest Colorado Springs, again close to Garden of the Gods and I-25; easy access. Most units have an over-sized attached 1 car garages with direct access to the living area; perfect for the security minded homeowners and are close to Ute Valley Park and Garden of the Gods. Very well maintained complex with an outdoor pool, clubhouse, and a hot tub. There are 4 units currently for sale ranging from $125,000 to $170,000 and the HOA’s are less than $200.00 a month.
