Banning Lewis Ranch and Powers Area Real Estate Market Info for May 2009

Here is the Banning Lewis Ranch and Powers Area Real Estate Market Info for May 2009

Marksheffel Area and Banning Lewis Ranch Real Estate:

Markshelffel is a N/S thoroughfare in the eastermost part of Colorado Springs - home to Claremont Ranch and Banning Lewis Ranch. Banning Lewis Ranch is a master planned community, east of Marsheffel Rd thta spans from Woodmen Road all the way to Fountain, Colorado. Currently, only the northernmost Banning Lewis Ranch neighborhoods offer homes for sale. Banning Lewis Ranch is in Falcon School district 49 and home to the Banning Lewis K-8 Academy.

Banning Lewis Ranch and Marksheffel Area Homes for Sale

  • Active Listings: 70 homes
  • New Listings: 18 homes
  • Sold Listings: 9 homes

Banning Lewis Ranch and Marksheffel Area Sales Price Information

  • Median Sales Price: $207,000
  • Average Sales Price: $229,744
  • Sale Price to List Price Ratio: 99.1%

Days on Market in Banning Lewis Ranch and Marksheffel Area

  • Average Days on Market: 91 days (compared to 45 days in April)

Popular Marksheffel Area Home Searches:

  • Powers Area Real Estate:

    The Powers area consists of all Colorado Springs neighborhoods east of Powers Blvd., West of Marksheffel, South of Woodmen Road and North of Platte Avenue/ HWY 24. The main neighborhoods that make up the Powers area are: Stetson Hills, Springs Ranch, Greenhaven, Indigo Ranch and Cimarron Hills.

    Powers Area and Stetson Hills Homes for Sale

    • Active Listings: 340 homes
    • New Listings: 140 homes
    • Sold Listings: 97 sales

    Powers Area and Stetson Hills Sales Price Information

    • Median Sales Price: $200,900
    • Average Sales Price: $208,464
    • Sale Price to List Price Ratio: 98%

    Days on Market in the Powers Area and Stetson Hills

    Average Days on Market: 69 days (compared to 71 days in April)

    Popular Powers Area 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.”

    Search for Homes in Colorado Springs   Colorado Springs Property Values

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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

    Banning Lewis Ranch, Marksheffel and Powers Area Real Estate Market Info for April 2009

    Marksheffel Area and Banning Lewis Ranch Real Estate:

    Markshelffel Road is a N/S thoroughfare in the eastermost part of Colorado Springs - home to Claremont Ranch and Banning Lewis Ranch. Banning Lewis Ranch is a master planned community, east of Marksheffel Rd that spans from Woodmen Road all the way to Fountain, Colorado. Currently, only the northernmost Banning Lewis Ranch neighborhoods offer homes for sale. Banning Lewis Ranch is in Falcon School district 49 and home to the Banning Lewis K-8 Academy.

    Homes for Sale in Banning Lewis Ranch and Marksheffel Area

    • Active Listings: 72 homes
    • New Listings: 21 homes
    • Sold Listings: 11 homes

    Banning Lewis Ranch and Marksheffel Area Sales Price Information

    • Median Sales Price: $209,500
    • Average Sales Price: $212,279
    • Sale Price to List Price Ratio: 97.7%

    Days on Market in Banning Lewis Ranch and Marksheffel Area

    • Average Days on Market: 45 days

    Powers Area Real Estate:

    The Powers area consists of all Colorado Springs neighborhoods east of Powers Blvd., West of Marksheffel, South of Woodmen Road and North of Platte Avenue/ HWY 24. The main neighborhoods that make up the Powers area are: Stetson Hills, Springs Ranch, Greenhaven, Indigo Ranch and Cimarron Hills.

    Homes for Sale in the Powers Area and Stetson Hills

    • Active Listings: 355 homes
    • New Listings: 138 homes
    • Sold Listings: 91 sales

    Powers Area and Stetson Hills Sales Price Information

    • Median Sales Price: $190,000
    • Average Sales Price: $193,870
    • Sale Price to List Price Ratio: 98%

    Days on Market in the Powers Area and Stetson Hills

    • Average Days on Market: 71 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 19th, 2009 by Mariana Wagner

    Powers and Marksheffel Areas Real Estate Market Info For March 2009

    Here is the Powers and Marksheffel Areas Real Estate Market Data For March 2009

    Marksheffel Area Real Estate Market Info For March 2009

    Homes for Sale

    • Active Listings: 69 homes
    • New Listings: 22 homes
    • Sold Listings: 10 homes

    Sales Price Information

    • Median Sales Price: $230,250
    • Average Sales Price: $242,477
    • Sale Price to List Price Ratio: 97.9%

    Average Days on Market: 87 days

    Powers Area Real Estate Market Info For March 2009

    Homes for Sale

    • Active Listings: 369 homes
    • New Listings: 149 homes
    • Sold Listings: 67 sales

    Sales Price Information

    • Median Sales Price: $187,500
    • Average Sales Price: $192,521
    • Sale Price to List Price Ratio: 96.9%

    Average Days on Market: 71 days

    Popular Powers and Marksheffel Area Searches:

    >> Search Colorado Springs Foreclosures <<

    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

    Best Buy in Springs Ranch - 7438 Campstool Drive

    7438 Campstool Drive - Colorado Springs Colorado 80922

    ~ Springs Ranch ~

    7438 Campstool

    Awesome newer 4 bed 4bath 3car home on cul-de-sac in new Colorado Springs neighborhood!

    The main level boasts a formal living room w/vaulted ceilings. The kitchen has tiled counters, convenient prep island, canned lights, under cabinet lighting & a pantry. There is a large bay window in the dining area. The spacious family room has a built-in entertainment center, custom paint accents, gas fireplace, ceiling fan and walks out to the fully fenced rear yard with auto sprinklers and patio - Great for BBQ’s and enjoying Colorado’s sunny weather, and room to store a small trailer or boat.

    The main level of this great home also has a coat closet, half bath, laundry and access to the basement and the 3-car attached garage. Brand new solid oak floors have been installed on most of main level!

    The upper level has 2 secondary bedrooms, a full bath & a large master suite w/5pc. bath, walk-in closet & private 15×10 master sitting room!

    The basement is newly finished with a 4th bedroom, a full bathroom w/custom tile work and a large 2-part rec room! The basement has been wired for cable and phone and insulated for sound reduction. Spanning Rocky Mountain views from front porch!

    For more information, call our 24-Hour Recorded Hotline
    1-800-610-0037   Ext.3244

    Listed and Marketed Exclusively By:
    Wagner iTeam - Keller Williams Hope Realty
    719.434.7525

    Show more

    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 8th, 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.