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Old Colorado City sales remain strong

Colorado Springs Housing Market Report for Old Colorado City Homes, Single Family

Neighborhoods Include:  Crown Hill Mesa, Colorado City, and Old Colorado City

Zip code 80904, 80905, 80903

Search for homes in Old Colorado City Area Colorado Springs

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Here’s a quick summary of the Real Estate Market for Old Colorado City Area Colorado Springs as of June 30, 2011

Sales 6 30 2011

  • Pricing increased by 1% from 2010 to 2009
  • Number of homes sold decreased by 10% from 2010 to 2009
  • Days on Market increased by 10% from 2010 to 2009, and days on market has continued to increase in 2011.
  • Pricing has decreased 5% from 2011 to 2010

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Home sales in Pleasant Valley in west Colorado Springs remain strong

Market Report for the Pleasant Valley homes in WEST area of Colorado Springs, Single Family Homes

Search for Homes in Pleasant Valley

Colorado Springs 80904

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Pleasant Valley is considered one of the best neighborhoods in Colorado Springs, as the houses are very well maintained and it’s walking distance to Old Colorado City and Garden of the Gods.

 
The absorption rate of 3 homes per month shows that there is a 2 month supply of houses on the market; the housing market is currently a NEUTRAL – SELLERS MARKET in this area.   The number of houses sold has increased in 2010 but the price has decreased.

The Homes in Pleasant Valley were primarily built in the 1950’s to 1960’s and the majority of the houses are ranches, with 2 to 4 bedrooms, 2- 3 baths, and 1 – 2 car garages.   The average home has appx. 1500 to 2500 square footage.   

Recap of Home Sales for 2010, 2009 2008, 2007, 2006, 2005, and 2004

  2010 2009 2008 2007 2006 2005 2004
Number of Homes Sold 27 21 25 23 43  46 39
Average Sold Price $205,775 $216,080 $207,615 $243,500 $221,955 $207,341 $189,623
Average Days on Market 78 86 39  96  75  72  28
Average # of house sold per month 2.7 1.75 2.1 1.9 3.6 3.8 3.3

Actives Homes as of 11-8-2010

MLS No.

  

Address

PT

Flr

Br/Ba/Gar

SqFt

Price

612301

 

607 Pleasant ST  

SIF 

RAN 

4,2,2 

1,776 

$210,000 

509966

  

2725 King ST  

SIF 

TRL 

4,3,1 

2,221 

$215,000 

524462

 

1139 Chambers DR  

SIF 

RAN 

5,2,2 

2,188 

$219,900 

620754

  

612 Paradise LN  

SIF 

RRH 

4,3,1 

1,825 

$219,900 

623233

 

3120 Dent AV  

SIF 

RAN 

3,2,2 

1,424 

$225,000 

610448

 

610 N 30Th ST  

SIF 

RAN 

4,2,2 

2,088 

$249,000 

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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

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Old Colorado City Housing Market Report for 2009

Colorado Spring Real Estate

Market Report for Old Colorado City, Single Family Homes

 Search for Homes in Old Colorado City

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Homes in Colorado Springs Old Colorado City area continue to be a NEUTRAL Market, as there is currently a 10 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 Old Colorado area in Colorado Springs sold are 15% more than in 2008, but are down substantially from 2005, when 295 homes were sold.
  • Average pricing continues to see downward pressure, currently down 7% from 2009 to 2008.   2009 pricing is down 18% from the high in 2005.

2009 pricing OCC

2009 sold OCC

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Homes Sales in Old Colorado City area remain strong

Colorado Spring Real Estate  – Market Report for Homes in Old Colorado City, Single Family Homes

Includes Crown Hill Mesa, Gold Hill, Old Colorado City

Search for Homes in Old Colorado City 

The Old Colorado City housing market continues to be a Buyer’s Market, as there is currently a 6.5 month of supply of homes on the market.   A 6 month supply of houses on the market is considered a “NEUTRAL MARKET”.   Sales are down 22% from 2008 to 2007, but 2008 pricing was only down 1.5% from 2007.   142 Single family homes were sold in 2009 vs. 157 for the same period in 2009; a decline of 10%.

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

occ july pricing

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Pricing holds strong in Old Colorado City

Colorado Spring Real Estate 

Market Report for Old Colorado City – Single Family Homes

Includes Crown Hill Mesa, Gold Hill, Old Colorado City

Search for homes in Old Colorado City

Must Read Articles:

  • Old Colorado City Commercial district…fun to visit and lots of history
  • Old Colorado City Springs to Life with a Vigilante System of Government
  • The Old Colorado City housing market continues to be a Buyer’s Market, as there is currently a month of supply of homes on the market.   A 6.9 month supply of houses on the market is considered a “NEUTRAL MARKET”.   Sales are down 22% from 2008 to 2007, but 2008 pricing was only down 1.5% from 2007.   115 Single family homes were sold in 2009 vs. 134 for the same period in 2009; a decline of 16%.

    Old Colorado City Market report June 209

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    Market report for homes in Old Colorado City, May 2009

    Colorado Spring Real Estate 

    May 2009 Home Report for Old Colorado City - Single Family Homes

    Includes Homes in Crown Hill Mesa, Gold Hill Mesa, Old Colorado City

    Search for Homes in Colorado Springs and Old Colorado City

    Must Read Article:  How do I get a down payment for Homes in Colorado Springs?

    The Old Colorado City housing market continues to be a Buyer’s Market, as there is currently a 8.3 month of supply of homes on the market.   A 6 month supply of houses on the market is considered a “NEUTRAL MARKET”.   Sales are down 22% from 2008 to 2007, but 2008 pricing was only down 1.5% from 2007.   96 Single family homes have been sold in 2009 vs. 134 for the same period in 2009; a decline of 38%.

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

    old-ccc

      Current Report as of  6-5-09 in Old Colorado City

    • Active listings:    134
    • Under Contract and Pending: 
    • Absorption Rate:  16 homes per month, a 8.375 month supply of houses currently on the market

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    Old Colorado City Homes, Market Report for September 2008

    Old Colorado City – Includes Crown Hill Mesa, Gold Hill, Mesa Heights

    Search for Homes in Colorado Springs

    Old Colorado City Homes are:

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