Colorado Springs Vintage Homes Blog
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Sales are down, pricing is up in Northwest Colorado Springs
Colorado Spring housing market for Northwest, Single Family Homes
Includes houses in Rockrimmon, Southface, Mountain Shadow, and Peregrin
Zip Code 80919
Search for Homes in Northwest Colorado Springs
Related Articles:
The Northwest housing market in Colorado Springs continues to be a BUYERS Market, as there is currently a 6 months of supply of homes on the market. A 6 month supply of houses on the market is considered a “BUYER’S MARKET”. There were less homes sold in 2010, but pricing increased by 6%.
Recap of 2010, 2009, 2008, 2007, 2006, 2005, and 2004
| 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | |
| Number of Homes Sold |
299 |
318 |
317 |
370 |
473 |
532 |
546 |
| Average Sale Price |
$321,188 |
$303,722 |
$339,804 |
$363,946 |
$354,585 |
$327,587 |
$301,114 |
| Average Days on Market |
84 |
86 |
95 |
78 |
67 |
57 |
44 |
| Average # of house sold per month |
24.9 |
26.5 |
26.4
|
30.8
|
39.4 |
44.3
|
45.5 |
Current Report as of 1-10-2011 in Northwest Colorado Springs
- Active listings: 150
- Absorption Rate : 24.9 homes per month for the last 6 months, a supply of 6 months of houses currently on the market.
This Colorado Springs Real Estate report contains information on Single Family homes in Northwest
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
Northwest Homes are seeing an increase in pricing
Colorado Spring Real Estate
Market Report for Northwest, Single Family Homes
Includes houses in Rockrimmon, Mountain Shadow, and Peregrin
Zip Codes: 80919
Search for homes in Northwest Colorado
The Northwest housing market continues to be a BUYERS Market, as there is currently a 7 months of supply of homes on the market. A 6 month supply of houses on the market is considered a “BUYER’S MARKET”. Sales were even from 2009 to 2008, but average pricing was down 11% from 2008 to 2007. In 2010 pricing and unit sales are starting to see an increase.
Recap of 2010, 2009, 2008, 2007, 2006, 2005, and 2004
| 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | |
| Number of Homes Sold |
230 |
318 |
317 |
370 |
473 |
532 |
546 |
| Average Sale Price |
$327,192 |
$303,722 |
$339,804 |
$363,946 |
$354,585 |
$327,587 |
$301,114 |
| Average Days on Market |
85 |
86 |
95 |
78 |
67 |
57 |
44 |
| Average # of house sold per month |
28.8 |
26.5 |
26.4
|
30.8
|
39.4 |
44.3
|
45.5 |
Current Report as of 9-6-2010 in Northwest Colorado Springs
- Active listings: 192
- Absorption Rate : 28.8 homes per month for the last 6 months, a supply of 6.68 months of houses currently on the market.
This Colorado Springs Real Estate report contains information on Single Family homes in Northwest
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
First Quarter Market Report for Homes in NORTHWEST Colorado Springs
Colorado Spring Real Estate
Market Report for homes in Northwest area, Single Family Homes
Includes homes in Rockrimmon, Mountain Shadows, Peregrin
For a Free Market Analysis on your Colorado Springs neighborhood, email Kathy Torline at KTorline@msn.com
The Northwest housing market continues to be a BUYERS Market, as there is currently 11months of supply of homes on the market. A 6 month supply of houses on the market is considered a “BUYER’S MARKET”. Sales were even from 2009 to 2008, but average pricing was down 11% from 2008 to 2007. In 2010 pricing is starting to see an increase.
Recap of 2010, 2009, 2008, 2007, 2006, 2005, and 2004
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.
Colorado Springs Housing market report – Northwest Area as of October 2009
Colorado Spring Real Estate – Market Report for Northwest – Single Family Homes
For a Free Market Analysis on your neighborhood, email Kathy Torline at KTorline@msn.com or call at 719-287-1049
Must Read Article
The Northwest area in Colorado Springs continues to be a BUYERS Market, as there is currently a 8.45 months of supply of homes on the market. A 6 month supply of houses on the market is considered a “BUYER’S MARKET”. Sales were down 15% from 2008 to 2007, but average pricing was ONLY down 6.5% from 2008 to 2007. 289 Single family Homes have been sold in 2009, a decline of 10% from 2008.
Foreclosure pick of the week in Northwest Colorado Springs
Colorado Springs Foreclosure pick of the week
Search for Foreclosures in Colorado Springs
There are currently some unique bank-owned houses for sale in Northwest and southwest Colorado Springs. My pick of the week is in Northwest Colorado Springs on 7151 Wintery Loop.
It’s located in a nice established area, on a great wooded lot, set a little bit back from the road. It includes over 2400 square feet, with 3 bedrooms, 3 baths, 2 car garage. The property was originally foreclosed on in August 2009. It definitely needs updating, as I’m not sure it’s had any updating since it was built in 1977. It’s like you’ve stepped back in time; from the carpet, to the kitchen, to the light fixtures, to the bathrooms. One of my favorite features is the unique long rectangular kitchen windows that looks right out into the pines. Amazing views!
I’m not sure how to Read the rest of this entry »
Market report for homes in Northwest Colorado Springs for July 2009
Colorado Springs Real Estate – Market Report for Northwest
Single Family Homes
Search for homes in Northwest Colorado Springs
Must Read Articles:
The housing market in Northwest Colorado Springs continues to be a BUYERS Market, as there is currently a 7.78 months of supply of homes on the market. A 6 month supply of houses on the market is considered a “BUYER’S MARKET”. Sales were down 15% from 2008 to 2007, but average pricing was ONLY down 6.5% from 2008 to 2007. 197 Single family Homes have been sold in 2009 vs. 219 for the same period in 2008; a decline of 11%.
| 1-1-2009 to 7-30-09 | 2008 | 2007 | 2006 | 2005 | 2004 | |
| Number of Homes Sold | 197 | 317 | 370 | 473 | 532 | 546 |
| Average Sale Price | $296,601 | $339,804 | $363,946 | $354,585 | $327,587 | $301,114 |
| Total Square footage | 2814 | 3120 | 3195 | 3001 | 3093 | 3070 |
| Price Per Total Square Footage | $105.40 | $108.91 | $113.91 | $118.16 | $105.91 | $98.07 |
| Average Days on Market | 95 | 78 | 67 | 57 | 44 | |
| Average # of house sold per month | 28.1 | 26.4 | 30.8 | 39.4 | 44.3 | 45.5 |
Banks are doing surprising things
Banks are fixing up foreclosures to sale
For a FREE List of Foreclosures email Kathy Torline at KTorline@msn.com
Some interesting things are happening with bank-owned homes in the Colorado Springs Area. I have a client under contract to purchase a townhome in Colorado Springs; in a established well-kept complex in the Rockrimmon neighborhood where not many units come up for sale.
Before we looked at the property, I prepped my buyer and told her that bank properties are typically sold “as-is” with no 
repairs; and many times the properties are in bad shape. This particular bank seems to have a new and improved philosophy on selling their properties. They have :
** Replaced all the carpet on the main and upper level
** Furnished brand new appliances, including a microwave
** Completely cleaned the property
** Completely painted the main and upper level of the townhome Read the rest of this entry »
First Quarter 2009 Market report for homes in Northwest Colorado Springs
Colorado Spring Real Estate – Market Report for Northwest – Single Family Homes
Neighborhoods: Includes Homes in Mountain Shadows, Rockrimmon, Pinecliff
Search for Homes in Northwest Colorado Springs
Must Read Articles
- Colorado Homeowners, don’t remodel until you read this!
- Are you a pet owner trying to sell your home
- Should I take my home off the market during the holidays?
The housing market in Northwest Colorado Springs continues to be a BUYERS Market, as there is currently a 11.3 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 15% from 2008 to 2007, but average pricing is ONLY down 6.5% from 2008 to 2007.
Recap of 2009, 2008, 2007, 2006, 2005, and 2004 Read the rest of this entry »
Colorado Springs Foreclosure listings in the Northwest
Homes in Colorado Springs – Northwest as of 4-2-09
For a FREE list of Foreclosure Homes, Email KTorline@msn.com,
Homes in Pinecliff, Mountain Shadows, Rockrimmon, Oak Valley, Centennial Glen
Active homes for sale:
- Short sales: 9 (2.8%)
- HUD: 1 (.3%)
- Bank-owned: 20 (6.2%)
- Regular: 281 (87.5%)
Active Homes for Sale as of : 321
- Single Family Homes: 216 (67%)
- Condos/Townhomes/Patio Homes: 105 (33%)
Partial list of Foreclosed homes currently on the market Read the rest of this entry »
The crown jewel of Colorado Springs Parks, Garden of the Gods
Garden of the Gods
For a Free Colorado Springs relocation Guide, Contact Kathy Torline at KTorline@msn.com
The Park is a giant rock garden composed of red sandstone formations and is located on the west side of town in the 80904 Zip Code. It is minutes from neighborhoods on the Northwest and West side of Colorado Springs including Mountain Shadows, Cedar Heights, Pleasant Valley, Rockrimmon, Old Colorado City and Manitou Springs.
About Garden of the Gods:
• It’s a Colorado Springs city park, public, Read the rest of this entry »
