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
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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 »
Abandoned Coal Mines Cause Problems
Did you know that a large portion of Colorado Springs
was used for coal mining from the late 1800’s to the 1950’s?
It was mainly done in the area around the Colorado Springs Country Club northwest to Rockrimmon.
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Coal has a long history in Colorado and it is currently used to supply approximately 71% of Colorado’s electricity needs.
Federal and State law were enacted in 1977 that require potential surface subsidence to be taken into account in mining plans. But prior to that time, the effect of mining on the surface was not fully considered. Consequently many homes were built over these Read the rest of this entry »
