Mariana Wagner

Manitou Springs

Manitou Springs is located west of Colorado Springs in the Rocky Mountain foothills. Manitou Springs is known for its rich history and unique setting.

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• 2008 Annual Manitou Springs Real Estate Information – Average Days on Market
• 2008 Annual Manitou Springs Real Estate Information – Sales Price Data
• 2008 Annual Manitou Springs Real Estate Information – Homes for Sale
  
  
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Northwest Colorado Springs Real Estate Market Statistics for 2011 | Days on Market

Homes in the NW Colorado Springs real estate market took an average of 102 days to sell in 2011. This is about a week longer than the area average, of 90 days for El Paso County. N/W Colorado Springs is home to the neighborhoods of Rockrimmon, Peregrine and Mountain Shadows.

Read More: About NW Colorado Springs

Northwest Colorado Springs homes sold the fastest in October, at just 73 days and took the longest in November, at 126 days.

Read Also: Northeast Colorado Springs Real Estate Annual 2011 Market Statistics | Days on Market

*Note: This data reflects only the days on market for homes that sold, and does not include data if the home was listed, taken off the market for 30+ days and then re-listed.

Based on information from the Pikes Peak REALTOR Services Corp. (”RSC”), Colorado Springs real estate data for January-December 2011 .  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.

January 29th, 2012 by Mariana Wagner | Leave A Comment

Annual 2011 Broadmoor and SW Colorado Springs Market Stats | Days on Market

The SW Colorado Springs and Broadmoor real estate market saw homes stay on the market an average of 96 days before accepting an offer in 2011.

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Southwest and Broadmoor homes that sold in August stayed on the market the longest, at 124 days.

On average, Broadmoor and S/W Colorado Springs homes that were listed in the summer months stayed on the market the shortest amount of time; Homes that sold in September were on the market just 71 days and homes that sold in October were on the market just 77 days.

*Note: This data reflects only the days on market for homes that sold, and does not include data if the home was listed, taken off the market for 30+ days and then re-listed.

Based on information from the Pikes Peak REALTOR Services Corp. (”RSC”), Colorado Springs real estate data for January-December 2011 .  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.

January 26th, 2012 by Mariana Wagner | Leave A Comment

Colorado Springs Real Estate 2011 Year End Market Statistics

The Colorado Springs real estate market saw more sales in 2011 (from 2010) but a significantly lower sales price, compared to recent years.

2011 Colorado Springs Real Estate Market Info

Let’s compare the El Paso County real estate market (Which includes Colorado Springs, Monument, Fountain and Manitou Springs) from 2011, 2010 and 2006.

• There were 7,637 sales in 2011. This is UP 3% (251 sales) from 2010 and DOWN 29% (3,139 sales) from 2006.
• Median sales price was $189,900 in 2011. This is DOWN 3.5% from 2010 and DOWN 12.8% from 2006.
• Average sales price was $220,858 in 2011. This is DOWN 4.5% from 2010 and DOWN 15.6% from 2006.
• Homes stayed on the market an average of 90 days before accepting an offer, in 2011. This is UP one week from 2010 and UP 3 weeks from 2006.

Comments:
The Colorado Springs real estate market has not seen so few sales since the early 1990’s. Average and median sales prices continue to decline and, based on current economics, there does not appear to be any motivation for the “rebound” that everyone keeps talking about. In fact, based on the current statistics, it doesn’t even look like we have hit “bottom” yet. At least not in the Colorado Springs real estate market.

However, with interest rates and home prices this low, BUYING a home in Colorado Springs may be a great option. Also, buying an INVESTMENT property may be a good idea. Lots of people can no longer buy a home, for credit reasons, but they still make money and need to RENT a home. Right now may be a great opportunity to become a landlord. Just a thought …

January 5th, 2012 by Mariana Wagner | Leave A Comment

Colorado Springs Real Estate Sale Information from June 2009 – June 2010

The Colorado Springs Real Estate Connection would like to share some interesting data from the Pikes Peak Realtor® Services Corp., regarding single family home sale information from June 2009 through June 2010. This data reflects all areas both in and around Colorado Springs, to include Monument, Fountain, Peyton and Manitou Springs.

Homes for Sale

• June 2009: 5,161 homes
• December 2009: 3,952 homes
• June 2010: 5,963 homes

Comment: Oftentimes there more homes for sale in the Colorado Springs real estate market during the Summer.

Average Days on Market

• June 2009: 89 days
• December 2009: 79 days
• June 2010: 78 days

Comment: “Days on Market’ data represents how long a home was “for sale” before going under contract to close. These days do not reflect any home that was on the market and then removed from the MLS for more than 30 days before being re-listed, and therefore does not paint a complete picture of time on market.

Average Sale Price

• June 2009: $225,402
• December 2009: $223,143
• June 2010: $237,318

Comment: The average sales price combines all prices in all areas – from the $60k fixer uppers to the luxury homes in Colorado Springs. A more accurate look would be at median sales price which is consistently about $30k less.

Total YTD (Jan-June) Sales

• June 2009: 3,894 sales
• June 2010: 4,361 homes

Comment: This is a HUGE increase from 2009-2010, which I would definitely attribute to the availability of the Tax credit for the first part of this year.

By no means does this data mean that the Colorado Springs real estate market is turning around, but it IS a good sign that we may possibly be stabilizing … at least for now. But, with the large selection of homes for sale and the low interest rates, now IS the time to buy a home in Colorado Springs.

July 18th, 2010 by Mariana Wagner | Leave A Comment

Black Forest Real Estate Market Report for April 2010

Here is the Black Forest Real Estate Market report for April 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.

Zip Codes: 80908 and 80831

Homes for Sale in Black Forest

• Active Listings: 165 homes
• New Listings: 34 homes
• Sold Listings: 17 sales

Black Forest Sales Price Information

• Median Sales Price: $448,500
• Average Sales Price: $494,226
• Sale Price to List Price Ratio: 97.3%

Days on Market for Black Forest homes

• Average Days on Market: 168 days (the number of days an average Black Forest home was on the market before accepting an offer)

Popular Searches for Black Forest Homes:

• Homes for Sale in Black Forest
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• Homes/Land for Sale in Black Forest Reserve
• Search all Black Forest Foreclosures for Sale
  

Based on single family Black Forest home information from the Pikes Peak REALTOR Services Corp. (”RSC”), for April  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 – 719.434.8346

May 25th, 2010 by Mariana Wagner | Leave A Comment