Northeast Colorado Springs Real Estate Market Info For May 2009

Here is the Northeast Colorado Springs Real Estate Market data For May 2009

NE Colorado Springs neighborhoods include all areas (roughly) north of Austn Bluffs, South of Woodmen Road, East of Nevada/I-25 and West of Powers Blvd. NE Colorado Springs neighborhoods include: Garden Ranch, Vista Grande, Pulpit Rock, Wagon Trails, Sundown and Newport Heights.

Northeast Colorado Springs Homes for Sale

  • Active Listings: 292 homes
  • New Listings: 115 homes
  • Sold Listings: 55 sales

Northeast Colorado Springs Sales Price Information

  • Median Sales Price: $194,000
  • Average Sales Price: $219,084
  • Sale Price to List Price Ratio: 98.1%

Days on Market for N/E Colorado Springs Homes

  • Average Days on Market: 68 days (compared to 82 days in April)

Popular NE Colorado Springs Homes Searches:

“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.”

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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 11th, 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

Northeast Colorado Springs Real Estate Market Info For April 2009

NE Colorado Springs neighborhoods include all areas (roughly) north of Austin Bluffs, South of Woodmen Road, East of Nevada/I-25 and West of Powers Blvd. NE Colorado Springs neighborhoods include: Garden Ranch, Vista Grande, Pulpit Rock, Wagon Trails, Sundown and Newport Heights.

Homes for Sale in Northeast Colorado Springs

  • Active Listings: 289 homes
  • New Listings: 97 homes
  • Sold Listings: 56 sales

Northeast Colorado Springs Sales Price Information

  • Median Sales Price: $214,950
  • Average Sales Price: $224,685
  • Sale Price to List Price Ratio: 97.4%

Days on Market in N/E Colorado Springs

  • Average Days on Market: 82 days

“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 20th, 2009 by Mariana Wagner

Northeast Colorado Springs Real Estate Market Info For March 2009

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

Homes for Sale

  • Active Listings: 299 homes
  • New Listings: 133 homes
  • Sold Listings: 45 sales

Sales Price Info

  • Median Sales Price: $196,800
  • Average Sales Price: $214,943
  • Sale Price to List Price Ratio: 96.9%

Average Days on Market: 71 days

Popular Northeast Colorado Springs Home Searches:

>> Search All Colorado Springs Foreclosures for Sale <<

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 27th, 2009 by Mariana Wagner

Northeast Colorado Springs Real Estate Market Data for February 2009

Here is the Northeast Colorado Springs Real Estate Market Data for February 2009

  • Total Homes Available: 277
  • Total New Listings: 65
  • Number of Homes Sold: 44
  • Median Sales Price: $188,350
  • Average Sales Price: $208,410
  • Sale Price to List Price Ratio: 96.2%

Average Days on Market: 92 days

Comments: You can get a nice home in a Northeast Colorado Springs neighborhood of Colorado Springs for about $200,000. This is a great price for the square footage of these 1960-1970’s era homes.

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 March 17th, 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.