Colorado Springs Real Estate Connection

Black Forest Real Estate Market Report for February 2010

Mariana Wagner — Mon, 15 Mar 2010 12:38:47 +0000

Here is the Black Forest Real Estate Market report for February 2010 – brought to you by the Colorado Springs Real Estate Connection.

Search ALL Homes for Sale in Black Forest

Black Forest is the heavily treed region of northern Colorado Springs neighborhoods, and is a part of the Academy School District 20 real estate market. Black Forest also extends east into Falcon School District 49 and north into Monument and the Lewis Palmer School District 38 real estate market.

Homes for Sale in Black Forest

Active Listings: 143 homes
New Listings: 36 homes
Sold Listings: 25 sales

Black Forest Sales Price Information

Median Sales Price: $352,000
Average Sales Price: $314,332
Sale Price to List Price Ratio: 93.8%

Days on Market for Black Forest homes

Average Days on Market: 105 days (the number of days an average Black Forest home was on the market before accepting an offer)

Popular Searches for Black Forest Homes:

Based on single family Black Forest home information from the Pikes Peak REALTOR Services Corp. (”RSC”), for February 2010. 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

Briargate Real Estate Market Report for February 2010

Mariana Wagner — Fri, 12 Mar 2010 23:58:33 +0000

Here is the Briargate Real Estate Market report for February 2010 – brought to you by the Colorado Springs Real Estate Connection. The Briargate real estate market consists of almost all D-20 neighborhoods north of Woodmen Road and South of Old Ranch Road. Popular Briargate neighborhoods include: Pine Creek, Cordera, Wolf Ranch, Windjammer, Cumbre Vista, Fairfax and Gatehouse Village.

Search All Homes for Sale in Briargate and Pine Creek

Homes for Sale in Briargate

Active Listings: 251 homes
New Listings: 84 homes
Sold Listings: 25 sales

Briargate Sales Price Information

Median Sales Price: $237,500
Average Sales Price: $262,723
Sale Price to List Price Ratio: 97%

Days on Market for Briargate homes

Average Days on Market: 100 days

Popular Briargate Home Searches:

Based on single family home information from the Pikes Peak REALTOR Services Corp. (”RSC”), for February 2010 . 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.

Homes for Sale in Flying Horse – March 2010

Mariana Wagner — Mon, 08 Mar 2010 17:26:49 +0000

Search All Homes for Sale in Flying Horse

Here are all the current homes for sale (as of 3/2010*) in the Flying Horse real estate market – located in northern Colorado Springs, on the southern border of Black Forest and Gleneagle and to the north of Briargate.

Flying Horse is one of the more prestigious Colorado Springs neighborhoods, with an 8-Hole Championship Tom Weiskopf Flying Horse Golf Course and the lavish Club at Flying Horse.

There are currently 47 homes for sale in Flying Horse as of 3/6/2010. The average asking price is $591,657 and the average home for sale has 3,700 sf and was built in 2007.

Here are the 5 Least Expensive Flying Horse Homes for Sale:

13909 Windy Oaks: $344,900
13802 Firefall: $355,000
13722 Firefall: $379,000
2356 Ledgewood: $387,120
2361 Ledgewood: $393,900

Here are the 5 Median Priced Flying Horse Homes:

13752 Windy Oaks: $550,000
2184 Diamond Creek: $569,900
2264 Rocking Horse: $570,543
13836 Windy Oaks: $575,000
2179 Rocking Horse: $585,218

Here are the 5 Most Expensive Flying Horse Homes for Sale:

13485 Cedarville: $825,000
2252 Rainbows End: $849,000
2324 Rainbows End: $1,049,900
2312 Red Edge: $1,375,000
2205 Rainbows End: $1,450,000

For more information on any of these Flying Horse homes for sale, please contact the Wagner iTeam – your Flying Horse real estate experts: 719.434.8346

*Based on information from the Pikes Peak REALTOR Services Corp. (”RSC”), as of March 6, 2010 . 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.

To sign up for a FREE weekly, personalized Hot List of all available Flying Horse homes, please send your request and criteria to: ClientSupport@WagneriTeam.com

SEARCH: Flying Horse Real Estate and Homes for Sale

Most Expensive Academy School District 20 Home Sales for February 2010

Mariana Wagner — Wed, 03 Mar 2010 15:15:58 +0000

The Colorado Springs real estate market has several school districts within its boundaries. The most northern one is Academy School District 20.

In February 2010, the Academy School District 20 real estate market saw 5 homes sell for more than $500,000. The most expensive home sold in the Pine Creek real estate market. Two sales were in the Black Forest Real estate market and 2 sales were in the Northgate real estate market.

Here are the top 3 most expensive home sales in the Academy School District 20 real estate market.

1. 9735 Summit Ash Court, Colorado Springs CO 80920 ~ Pine Creek

List Price: $649,900
Sales Price: $629,000
Date of Sale: 2/17/2010
Brokers/Companies Involved:
Listing: The Platinum Group
Buyer: Milner Properties, LLC
Days on Market: 10 Days
MLS Remarks: Exceptional Ranch Style Home On Half Acre On Pine Creek Golf Course. This Beautiful Home Sits In A Cul-de-sac Within The Pine Creek Golf Course Community And Is Pleasing In Every Way. From The Grand Stucco And Stone Exterior With Tiled Roof, To The Open And Well Thought Out Floor Plan, With Gorgeous Landscaping And Golf Course Views. The Covered Entry Opens Up To The Beautiful Hardwood Flooring And Large Formal Dining Room With Elegant Columns And Coffered Ceiling. Oversized Windows Provide City And Mountain Views! A Study Is Off The Entry With French Doors And Built-In Bookcases. The Living Room Features A Vaulted Ceiling, Oversized Arched Windows, Tiled Raised Gas Fireplace And Mantle, Entertainment Niche And Tremendous Views Of The Golf Course. The Large Kitchen And Breakfast Nook Are Appropriately Situated Nearby And Walk Out To A Covered 35 Foot Patio And Back Yard. Elegant Maple Cabinets With A Cherry Stain Are Throughout The Home, Including The Kitchen, Which Also Features Granite Slab Counters And Backsplash, Island With Pendant Lighting, Walk-In Pantry, Convection Self-Cleaning Oven, Filtered Hot And Cold Water, Flat Cook Top, Hood Vent, Dishwasher And Microwave. The Master Suite Features Coffered Ceiling, Walk-Out To The Covered Deck And A 3-Way Fireplace Shared With The 5-Pc Bath, With Jetted Tub, Glass Block Oversized Walk-In Shower, Double Sinks And Large Walk-In Closet. A 15×15 Guest Bedroom Is Also On The Main Level And Features Its Own Full Bath. The Laundry Room Includes Ceramic Tile Flooring, Built-In Cabinets And Utility Sink. The 3-Car Garage Is Oversized With Work Bench Area, Built-In Shelving And Two Access Doors Into The Home. A Powder Room Leads Past The Wrought Iron Railing, Which Leads To The Full Finished Basement. The Family Room Features A Gas Fireplace With Stone Surround And Raised Hearth, Wet Bar With Ceramic Tile Floor And Counters, Mini Fridge, Glass Front Cabinets And Wine Rack. A Recreation Room And Theatre Room Adjoin This Area, With The Theatre Room Wired For A Sophisticated Projection And Sound System. Three Very Large Bedrooms Are On This Level, With Walk-In Closets And One With A Private Bath. The Fifth Bath Is Also On This Level, Is Full Sized And Features Ceramic Tile Like The Other Baths In This Home. Additional Amenities Include: Central Air, Central Humidifier, Surround & Environmental Sound, Security Alarm System, Central Vac, Two Trane Furnaces With Electrostatic Filter, Two Hot Water Heaters, Abundant And Newly Refinished Hardwood Flooring, One Year New Tile Roof & So Much More! Near Parks, D-20 Schools, Hospitals, Restaurants And Shopping With Easy Access To I-25, Downtown And Denver!

Search All Academy School District 20 Homes for Sale $600k-$700k

2. 6902 Juniper Drive, Colorado Springs CO 80908 ~ Black Forest

List Price: $795,000
Sales Price: $531,000
Date of Sale: 2/19/2010
Brokers/Companies Involved:
Listing: Save With Gary
Buyer: JR Julsonnet
Days on Market: 337 Days
MLS Remarks: Fabulous Black Forest Horse Property on 18+ acres w/3 barns and plenty of fenced pastures. Quality home w/Pella Brand windows, hardwood floors, new furnace/new water heater, new carpet/paint throughout, beautiful Cherry Cabinets, Granite counter tops, new Travertine master bath, jacuzzi tub, lg 2 head shower. Minutes from shopping/doctors. Private, treed lot free of underbrush. 4-6 car drive-thru garage,(not tandem). Barn next to house has heated workshop. Barn behind has steel paneling & Upgrades galore.

Search All Academy School District 20 Homes for Sale $500k-$600k

2. 13630 Northgate Estates Drive, Colorado Springs CO 80921 ~ Northgate Estates
(Near the Flying Horse real estate market)

List Price: $561,110
Sales Price: $525,000
Date of Sale: 2/10/2010
Brokers/Companies Involved:
Listing: Challenger Homes
Buyer: RealTeam Real Estate
Days on Market: 180 Days
MLS Remarks: Brand new home for sale in D-20. Beautiful open ranch plan on walkout lot, 3 Car Stucco & Stone Exterior with Tile Roof, Covered 18×12 Trex Deck with stamped and stained patio below, Gourmet Kitchen with Granite Slab, Gas Cooktop and Butler s Pantry, Full Finished Basement. Two additional bedrooms with jack and jill bath in basement. Two 50 gallon hot water heaters, Air Conditioning and Humidifier included. Step ceiling featured in formal dining and master bedroom.

Search All Academy School District 20 Homes for Sale $500k-$600k

Conversely, the least expensive home sales in the Academy School District 20 real estate market fell between $140k and $170k. There were 6 homes in this sold price range.

For more information on buying or selling a luxury home in Colorado Springs, please contact the Wagner iTeam at Keller Williams Realty: 719.434.7525

Based on information from the Pikes Peak REALTOR Services Corp. (”RSC”), for February 2009 . All information and images are courtesy of the Pikes Peak MLS SOLD data and used by permission through the IDX agreement. 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.

December 2009 Case-Shiller Data Shows Battered Markets In Bona Fide Recovery

Mariana Wagner — Wed, 24 Feb 2010 13:46:13 +0000

The Colorado Springs Real Estate Connection would like to introduce another great article from our friends at Bring the Blog. This article talks about the possible signs of recovery in the housing market.

Using data compiled in December, Standard & Poors released its Case-Shiller Index Tuesday. The report shows home prices down just 2.5% on an annual basis, a figure much lower than the 8.7% annual drop reported after Q3.

According to Case-Shiller representatives, the housing market is “in better shape than it was this time last year”, but some of the summer’s momentum has been lost. 15 of 20 tracked markets declined in value between November and December 2009.

Meanwhile, it’s interesting to note the 5 markets that didn’t decline — Detroit, Los Angeles, Las Vegas, Phoenix and San Diego. Each of these metro regions were among the hardest hit nationwide when home prices first broke. Now, they’re leading the pack in price recovery.

For some real estate investors, that’s a positive signal. But we also have to consider the Case-Shiller Index’s flaws because they’re big ones.

As examples:

Case-Shiller data is reported on a 2-month lag
The Case-Shiller sample set includes just 20 U.S. cities
There’s no “national real estate market” — real estate is local

That said, the Case-Shiller Index is still important. As the most widely-used private sector housing index, Case-Shiller helps to identify broader housing trends and many people believe housing is a key element in the economic recovery.

If the markets that led the housing decline will lead the housing resurgence, December’s data shows that full recovery is right around the corner.