East Colorado Springs Real Estate Market Info For May 2009

East Colorado Springs - Palmer Park

Here is the market data for East Colorado Springs homes for sale in May 2009.

East Colorado Springs consistes of most of the mature neighborhoods east of Austn Bluffs Parkway, from Platte (S) to almost Powers Blvd (N/E). Village Seven and Villa Loma are 2 very popular East Colorado Springs neighborhoods.

Read Also: Top 8 Affordable Colorado Springs Neighborhoods for 1st Quarter 2009

East Colorado Springs Homes for Sale

  • Active Listings: 200 Homes
  • New Listings: 96 Homes
  • Sold Listings: 50 Sales

E. Colorado Springs Home Sales Price Information

  • Median Sales Price: $166,000
  • Average Sales Price: $168,013
  • Sale Price to List Price Ratio: 98.7%

Days on Market in East Colorado Springs

  • Average Days on Market: 71 days (compared to 63 days in April)

“Based on information from the Pikes Peak REALTOR Services Corp. (”RSC”), for May 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.”

Popular Searches for East Colorado Springs Homes:

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Posted By: Mariana Wagner - Colorado Springs Real Estate Agent - Wagner iTeam
The Wagner iTeam is a power team of Keller Williams Realty,
specializing in Colorado Springs Real Estate and Monument Real Estate
Pictures of Colorado Springs
(719) 434-7525




Posted on June 10th, 2009 by Mariana Wagner

Top 8 Affordable Colorado Springs Neighborhoods for 1st Quarter 2009

More than half the homes for sale in Colorado Springs are affordable to the average American family.

According to the 2009 1st Quarter Housing Opportunity Index, housing affordability is at the highest level it has been in 18 years! (Colorado Springs Real Estate Journal, Vol. 1 No. 18 “Housing affordability surges to highest level in 18 years”)

They based this off of home prices vs. the national median income of $64,000 a year.

Housing Opportunity Index

Basically, if you make $64,000 a year, you can afford a $250,000 home* (if you pay about $600 a month in car/credit card payments, get a fixed interest rate of about 5% and put about 20% down, with about $1,000 a year in homeowners insurance and $1,200 a year in property taxes). (Check Out the Bank Rate Calculator) *All home loans are subject to credit approval and you may qualify for more, less or nothing based on your unique situation. Contact a local, reputable bank or lender for more information.
Read Also: How Does Your Debt Compare?

Top 8 Affordable Colorado Springs Neighborhoods:

Here are the most affordable neighborhoods in Colorado Springs, based on median asking and sales prices for the 1st quarter of 2009.

1. Southeast Colorado Springs Homes: Located south of Platte Ave. and North of Security and Widefield. Close to Peterson AFB and Fort Carson.  - Check out the Southeast Colorado Springs real estate info and home searches

  • Median List Price: $111,900
  • Median Sale Price: $109,900

2. Central and Downtown Colorado Springs Homes: Located east of I-25 and within the boundaries of Circle Drive.  - Check out the Central and Downtown Colorado Springs real estate info and home searches

  • Median List Price: $132,603
  • Median Sale Price: $119,800

3. Old Colorado City Homes: All areas surrounding West Colorado Blvd.  - Check out the Old Colorado City real estate info and home searches

  • Median List Price: $150,000
  • Median Sale Price: $150,000

4. East Colorado Springs Homes: Just east of Central Colorado Springs and west of Powers Blvd.  - Check out the Eastside Colorado Springs real estate info and home searches

  • Median List Price: $164,900
  • Median Sale Price: $160,000

5. West Colorado Springs Homes: West of I-25 between Old Colorado City and Garden of the Gods Road.  - Check out the Westside Colorado Springs real estate info and home searches

  • Median List Price: $161,000
  • Median Sale Price: $160,800

6. Powers Area Colorado Springs Homes: The stretch of neighborhoods east of Powers between Woodmen Road and Platte Avenue.  - Check out the Powers Area Colorado Springs real estate info and home searches

  • Median List Price: $192,450
  • Median Sale Price: $188,000

7. Northeast Colorado Springs Homes: Covers mostly all neighborhoods between I-25 (W) and Powers (E), Woodmen (N) and Austin Bluffs (S).  - Check out the Northeast Colorado Springs real estate info and home searches

  • Median List Price: $194,900
  • Median Sale Price: $190,000

8. Marksheffel Area Colorado Springs Homes: All of Banning Lewis Ranch and Claremont Ranch - East of the Powers neighborhoods of Stetson Hills and Springs Ranch.  - Check out the Banning Lewis Ranch real estate info and home searches

  • Median List Price: $212,500
  • Median Sale Price: $216,000

Based on this information, there are HUNDREDS of affordable homes for sale in Colorado Springs.

Read Also: Top 5 Most Expensive Colorado Springs Neighborhoods for 1st Quarter of 2009

Search ALL Homes For Sale in Colorado Springs

“Based on information from the Pikes Peak REALTOR Services Corp. (”RSC”), for the period January 1, 2009 through March 31, 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.”

Search for Homes in Colorado Springs   Colorado Springs Property Values

Thanks for reading our Colorado Springs Real Estate Blog!
Posted By: Mariana Wagner - Colorado Springs Real Estate Agent - Wagner iTeam
The Wagner iTeam is a power team of Keller Williams Realty,
specializing in Colorado Springs Real Estate and Monument Real Estate
Pictures of Colorado Springs
(719) 434-7525




Posted on May 31st, 2009 by Mariana Wagner

East Colorado Springs Real Estate Market Info For April 2009

East Colorado Springs consists of most of the mature neighborhoods east of Austin Bluffs Parkway, from Platte (S) to almost Powers Blvd (N/E). Village Seven and Villa Loma are 2 very popular East Colorado Springs neighborhoods.

Homes for Sale in East Colorado Springs

  • Active Listings: 197 Homes
  • New Listings: 76 Homes
  • Sold Listings: 54 Sales

E. Colorado Springs Sales Price Information

  • Median Sales Price: $157,400
  • Average Sales Price: $157,025
  • Sale Price to List Price Ratio: 98.1%

Days on Market in East Colorado Springs

  • Average Days on Market: 63 days

Read Also: East Colorado Springs Real Estate Market Info For March 2009

“Based on information from the Pikes Peak REALTOR Services Corp. (”RSC”), for the period April 1 - 30, 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.”

Search for Homes in Colorado Springs   Colorado Springs Property Values

Thanks for reading our Colorado Springs Real Estate Blog!
Posted By: Mariana Wagner - Colorado Springs Real Estate Agent - Wagner iTeam
The Wagner iTeam is a power team of Keller Williams Realty,
specializing in Colorado Springs Real Estate and Monument Real Estate
Pictures of Colorado Springs
(719) 434-7525




Posted on May 19th, 2009 by Mariana Wagner

East Colorado Springs Real Estate Market Info For March 2009

East Colorado Springs

Here is the East Colorado Springs Real Estate Market data for March 2009

Homes for Sale

  • Active Listings: 195 Homes
  • New Listings: 72 Homes
  • Sold Listings: 51 Sales

Sales Price Information

  • Median Sales Price: $165,000
  • Average Sales Price: $178,788
  • Sale Price to List Price Ratio: 96.8%

Days on Market

  • Average Days on Market: 92 days

Search for Homes in Colorado Springs   Colorado Springs Property Values

Thanks for reading our Colorado Springs Real Estate Blog!
Posted By: Mariana Wagner - Colorado Springs Real Estate Agent - Wagner iTeam
The Wagner iTeam is a power team of Keller Williams Realty,
specializing in Colorado Springs Real Estate and Monument Real Estate
Pictures of Colorado Springs
(719) 434-7525




Posted on April 23rd, 2009 by Mariana Wagner

2008 Annual Eastside Colorado Springs Real Estate Information - Average Days on Market

The annual 2008 average days on market for the Eastside Colorado Springs real estate market averaged at about 78 days. This means that the average home for sale in Eastside Colorado Springs sat on the market for just over 2 months before accepting an offer. This is great!

Broken down by month, we see the following:

East Colorado Springs Real Estate - Days on Market 2008

The highest days on market were in March (94 days) and the lowest days on market were in December (56 days).

Buyer Tip: Homes in the Eastside of Colorado Springs sell in less than 3 months. If you see a home you want to buy, you will need to act fast … and remember, the best priced homes in the best condition are selling FAST.

Seller Tip: The Eastside of Colorado Springs is a good place to sell a home, if you need to sell your home fast. Of course, you will still need to make sure your home is in the best condition possible and priced appropriately.

Read Also:

“Based on information from the Pikes Peak REALTOR Services Corp. (”RSC”), for the period Jan.1 - Dec.31, 2008. 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.”

Search for Homes in Colorado Springs   Colorado Springs Property Values

Thanks for reading our Colorado Springs Real Estate Blog!
Posted By: Mariana Wagner - Colorado Springs Real Estate Agent - Wagner iTeam
The Wagner iTeam is a power team of Keller Williams Realty,
specializing in Colorado Springs Real Estate and Monument Real Estate
Pictures of Colorado Springs
(719) 434-7525




Posted on February 7th, 2009 by Mariana Wagner

To begin your search for the perfect home or sell your home in the Colorado Springs area, call Derek and Mariana Wagner at (719) 434-7525.