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First Quarter Market Report for Homes in CENTRAL Colorado Springs
Colorado Spring Real Estate
Market Report for Central and Downtown Colorado Springs, Single Family Homes
Includes Homes in Old North End, Patty Jewett, Roswell, East End Addition, Bonnyville, Downtown
Search for homes in Central Colorado Springs
The Central part of Colorado Springs housing market continues to be a NEUTRAL Market, as there is currently a 8.57 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 3% from 2009 to 2009, but average pricing was down 13% from 2009 to 2008. Pricing and Sales have continued to decline in 2010.
Recap of 2010, 2009, 2008, 2007, 2006, 2005, and 2004
| 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | |
| Number of Homes Sold | 136 | 580 | 561 | 589 | 735 | 802 | 678 |
| Average List Price | $142,832 | $145,306 | $167,910 | $192,233 | $187,102 | $175,122 | $165,234 |
| Average Days on Market | 66 | 71 | 85 | 78 | 62 | 57 | 43 |
| Average # of homes sold per month | 45.3 | 48.3 | 46.8 | 49.1 | 61.3 | 66.8 | 56.5 |
Current Report as of 3-31-10 in Central Area area
- Active listings: 388
- Under Contract and Pending :
- Absorption Rate: 45.3 homes per month, a 8.57 month supply of houses currently on the market
Central Part of Colorado Springs homes are in District 11 School District
- Close to Memorial Hospital and Penrose Hospital
- Close to and the Olympic Training Center
- Close to Colorado College
- Great views of Pikes Peak
- Close to the Colorado Springs School for Deaf and Blind
- 20 Minutes from the Colorado Springs Airport
- 10 minutes from Citadel Shopping Mall
This Colorado Springs Real Estate report contains information on Single Family dwellings in Central Central Colorado Springs
This information is taken from the Pikes Peak Realtor Services Corp and is deemed reliable but not guaranteed.
Colorado Springs Foreclosure listings in CENTRAL area as of 5-14-09
Homes in Colorado Springs
Market information for Active and Foreclosure Homes in Central
For a FREE List of Foreclosures email Kathy Torline at KTorline@msn.com
Neighborhoods: Homes in Ivywild, Old North End, Patty Jewett, Divine Redeemer, East End Addition, Crown Hill Mesa, Boulder Heights, Spring Creek
Breakdown of homes for sale, INCLUDING FORECLOSURES
- Short sales: 40 (9.9%)
- Bank-owned: 22 (5.5%)
- Regular: 341 (84.6%)
Active Homes for Sale: 403
- Single Family Homes: 295 (73%)
- Condos/Townhomes/Patio Homes: 108 (27%)
Partial list of Foreclosed homes currently on the market Read the rest of this entry »
Old North End Housing in Colorado Springs remains strong in 2008
2004 – 2008 Market Report for Old North End Neighborhood
Single Family Homes
Search for Historic Homes in Colorado Springs
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Single Family Homes in Old North End were primarily built in the 1900’s to 1920’s. The majority of the houses are ranches and 2-storys, with 3 to 5 bedrooms, 2- 3 baths, and 1 – 2 car garages. The average home has appx. 2500 to 3500 square footage. The absorption rate of 3.3 houses per month shows that there is a 4.9 month supply of houses on the market; the housing market is currently a NEUTRAL -SELLERS MARKET in this area. A 6 month supply of houses on the market is considered a “NEUTRAL MARKET”
Recap of December 2008 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 | 39 | 32 | 39 | 41 | 20 |
| Average List Price | $431,400 | $473,300 | $486,711 | $367,526 | $383,072 |
| Average Sold Price | $413,705 | $449,690 | $469,629 | $354,371 | $366,158 |
| Average Days on Market | 104 | 153 | 106 | 86 | 69 |
| Total Square feet | 2857 | 2921 | 3435 | 2646 | 3423 |
| Average # of house sold per month | 3.3 | 2.7 | 3.3 | 3.4 | 1.7 |
Homes in Colorado Springs, Market Report for North End Sept. 2008
Colorado Springs Real Estate – Market Report for North End
Search for Homes in Colorado Springs
Single Family Homes Single Family Homes in North End were 
primarily built in the 1900’s to 1920’s. The majority of the houses are ranches and 2-storys, with 3 to 5 bedrooms, 2- 3 baths, and 1 – 2 car garages. The average home has appx. 1500 to 2500 square footage. The absorption rate of 1.22 houses per month shows that there is a 10 month supply of houses on the market; the housing market is currently a BUYERS MARKET in this area. A 6 month supply of houses on the market is considered a “NEUTRAL MARKET“.
North End is Read the rest of this entry »
Homes in Colorado Springs, September Market Report for Central Area
Homes in Colorado Springs – Central
Market breakdown for Active Homes as of 10-6-08
Neighborhoods: Homes in Ivywild, Old North End, Patty Jewett, Divine Redeemer, East End Addition, Crown Hill Mesa, Boulder Heights, Spring Creek
- Single Family Homes: 420 (76%)
- Condos/Townhomes/Patio Homes: 133 (24%)
Breakdown of Active homes for sale as of 10-6-08:
- Short sales: 32 (5.8%)
- VA Owned: 2 (.4%)
- Bank-owned: 58 (10.5%)
- Regular: 461 (83.4%)
Partial list of Foreclosed Read the rest of this entry »
Cripple Creek Gold Rush and what it meant to Colorado Springs
The Old North End’s home building boom in Colorado Springs 
Search for Homes in the Old North End
The late 1880’s were difficult for Colorado Springs. It had stagnant growth and Colorado College fell on hard times. The Old North End appeared to be destined to only house prairie dogs and rattlesnakes with its open, grass-covered fields.
This was about to change as gold was discovered nearby. In 1890, a prospector by the name of Bob Womack found some gold by a stream called Cripple Creek. The great gold rush was on. By 1896, production soared. Read the rest of this entry »
Colorado Springs Old North End, Market Report for August
Search for Homes in Colorado Springs
Single Family Homes in Old North End
Single Family Homes in Old North End were primarily built in the 1900’s to 1920’s. The majority of the houses are ranches and 2-storys, with 3 to 5 bedrooms, 2- 3 baths, and 1 – 2 car garages. The average home has appx. 2500 to 3500 square footage. The absorption rate of 3.75 houses per month shows that there is a 5 month supply of houses on the market; the housing market is currently a NEUTRAL MARKET in this area. A 6 month supply of houses on the market is considered a “NEUTRAL MARKET“
Old North End is located Read the rest of this entry »
Hidden Gems in Colorado Springs Parks, #2 Monument Valley Park
For a Free Colorado Springs Relocation Guide, Email Kathy Torline at KTorline@msn.com
One of the top reasons people love living in the Pikes Peak Region is because of the open spaces and mountains. It’s paradise for a nature lover!
In the heart of Colorado Springs is Monument Valley Park, one of the town’s most treasured parks. It extends north and south, parallel to and east of I-25. It is close to many neighborhoods and homes in the central part of Colorado Springs including the Old North End, the North End, Read the rest of this entry »
Hidden Gems in Colorado Springs Parks, #1 The Gardens at Monument Valley Park
In the heart of Central Colorado Springs
are the Gardens at Monument Valley Park
For a Free Colorado Springs relocation Guide, Contact Kathy Torline at KTorline@msn.com
One of the top reasons people love living in the Pikes Peak Region is because of the open spaces and mountains. It’s paradise for a nature lover!
If you’ve recently moved to the area, and want to learn about what grows well in the high arid climate of the Pikes Peak region, this is a perfect place for you to visit. It’s one of the hidden gems of the city.
The gardens are located in Read the rest of this entry »
Colorado Springs Old North End, Market Report for July
Single Family Homes in Old North End were primarily built in the 1900’s to 1920’s. The majority of the houses are ranches and 2-stories, with 3 to 5 bedrooms, 2- 3 baths, and 1 – 2 car garages. The average home has approx. 2500 to 3500 square footage. The absorption rate of 4 house per month shows that there is a 6 month supply of houses on the market; the housing market is Read the rest of this entry »
The Old North End in Colorado Springs — The History is rich
The History of the Old North End
Search for Historic Homes in Colorado Springs
The late 1880’s were difficult for Colorado Springs. It had stagnant growth and Colorado College fell on hard times. The Old North End appeared to be destined to only house prairie dogs and rattlesnakes with its open, grass-covered fields.
This was about to change as gold was discovered nearby. In 1890, a prospector by the name of Bob Womack found some gold by a stream called Cripple Creek. The great gold rush was on. By 1896, production soared. Most of these men who came and mined the area didn’t want to locate their families to such a rough area. They decided that Palmers “Little London” (aka Colorado Springs) would be a perfect place to build their homes and bring their families to.
Between 1890 and 1900 the population of Colorado Springs Read the rest of this entry »
