Mariana Wagner

Central and Downtown Colorado Springs Real Estate Market Info For August 2009

Central and Downtown Colorado Springs Real Estate Market Info For August 2009– brought to you by the Colorado Springs Real Estate Connection.

The Central and Downtown Colorado Springs real estate market consists of all the neighborhoods inside of Circle Drive (Fillmore to the North). Downtown is the neighborhoods roughly west of Union, East of I-25, south of  Fillmore and North of Cimarron and includes the neighborhoods surrounding Colorado College and Patty Jewett Golf Course.

Homes for Sale in Central and Downtown Colorado Springs

• Active Listings: 249 homes
• New Listings: 99 homes
• Sold Listings: 59 sales (compared to 54 sales last month)

Central and Downtown Colorado Springs Sales Price Information

• Median Sales Price: $152,000
• Average Sales Price: $149,528
• Sale Price to List Price Ratio: 97.5%

Days on Market for Central and Downtown Colorado Springs homes

• Average Days on Market: 76 days (compared to 79 days in July)

Popular Area Home Searches:

• Homes for Sale in Downtown Colorado Springs
• Lofts for Sale in Downtown Colorado Springs
  (Lowell Town Homes, Giddings Lofts I & II & The Bijou)
• Homes for Sale in the Old North End
  (Old North End, Hastings, Downtown North, Valley Park & Mayfair)
• Homes for Sale in Patty Jewett
  (Patty Jewett, Golf Club Acres & Columbia)
• Homes for Sale in Divine Redeemer
• Homes for Sale in Roswell

Based on information from the Pikes Peak REALTOR Services Corp. (”RSC”), for August 2009 .  RSC does not guarantee or is in any way responsible for its accuracy.  Data maintained by RSC may not reflect all real estate activity in the market.

Posted By: Mariana Wagner – Wagner iTeam at Keller Williams Realty – 719.434.7525

September 7th, 2009 by Mariana Wagner | 2 Comments »

This entry was posted on Monday, September 7th, 2009 at 1:35 pm and is filed under Colorado Springs Homes, Colorado Springs Neighborhoods, Colorado Springs Real Estate, Downtown and Central, Market Reports. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

1. Ralph D Bredahl said at September 9th, 2009 at 3:41 pm

   We are Realtors in the Phoenix Arizona and have been hit harder than most areas with foreclosures. It is difficult to find properties that are not lender owned (unless they are short sales which will soon be lender owned in most cases)
   However, there is a silver lining in the market. Buyers are returning in large numbers and REO’s are selling in a few days with multiple offers being the norm. I too believe that a new wave of foreclosures is due soon but, at least here, the savvy buyers are ready, willing and able.
   It is an exciting time to be a Realtor in the Valley of the Sun.

2. Mariana Wagner said at September 10th, 2009 at 9:58 am

   Ralph – Thank you for your comment! I have heard that the Phoenix RE market is a tough one, but NOW is when money is made. I always tell my clients – you make money when you BUY – not when you sell… and NOW is the time to buy.

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