Annual Westside Colorado Springs Real Estate Market Report for 2009Here is the annual Westside Colorado Springs Real Estate Market report for 2009 – brought to you by the Colorado Springs Real Estate Connection. Westside Colorado Springs covers the areas west of the I-25 between NW Colorado Springs and Old Colorado City. Popular neighborhoods include: Pleasant Valley, Garden of the Gods and Holland Park. Red More: About the West Colorado Springs Real Estate Market West Colorado Springs Real Estate: Available, New and Sold Listings, by Month:
Comments: Throughout the year we saw the number of available homes for sale in West Colorado Springs peak in the summer months – June had 120 available homes for sale and May had 42 new homes go onto the market. The least amount of homes were available in December (15 homes).
Comments: The West Colorado Springs real estate market saw a total of 102 homes sell in 2009, which is less home sales than we saw in 2008, at 145 home sales. The most homes sold in September (22) and the least amount of homes (7) sold in April 2009. This is very similar to the Old Colorado City Real Estate Market. West Colorado Springs Real Estate: Average Days on Market, by Month:
Comments: For the homes in the West Colorado Springs real estate markets that SOLD in 2009, the days on market ranged from just 40 days in January to 163 days in April. The average time that a home in West Colorado Springs stayed on the market was just 86 days (LESS than 3 months). This is 2 weeks longer than the 2008 average. Read More: About Selling Your Colorado Springs Home West Colorado Springs Real Estate: Median and Average Sale Price, by Month:
Comments: In 2009, West Colorado Springs homes were all over the board on a month-to-month basis, with the average sales price of $251,227 and a median sales price of $191,558. These prices are lower than 2008 by about only $10,000. Find the Value of Your Westside Colorado Springs Home Popular West Colorado Springs Home Searches:
Based on W. Colorado Springs Real Estate single family home information from the Pikes Peak REALTOR Services Corp. (”RSC”), for January-December 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. Read Also: Annual Old Colorado City Real Estate Market Report for 2009
Thanks for reading our Colorado Springs Real Estate Blog! Posted on February 8th, 2010 by Mariana Wagner
|
Annual Old Colorado City Real Estate Market Report for 2009Here is the annual Old Colorado City Colorado Springs Real Estate Market report for 2009 – brought to you by the Colorado Springs Real Estate Connection. Old Colorado City is on the westside of Colorado Springs and covers the mature neighborhoods to the immediate north and south of Colorado Boulevard – from 1-25 to Manitou Springs. Red More: About the Old Colorado City Real Estate Market Old Colorado City Real Estate: Available, New and Sold Listings, by Month:
Comments: Throughout the year we saw the number of available homes for sale in Old Colorado City remain quite steady until available homes tapered off the the end of the year. The most available homes for sale were in March (90) and the least amount of homes were available in December (57).
Comments: The Old Colorado City real estate market saw a total of 174 homes sell in 2009, which is more home sales than we saw in 2008, at only 151 home sales. The most homes sold in August (21) and the least amount of homes (7) sold in January 2009. Old Colorado City Real Estate: Average Days on Market, by Month:
Comments: For the homes in the Old Colorado City real estate markets that SOLD in 2009, the days on market ranged from just 39 days in January to 119 days in March. The average time that a home in Old Colorado City stayed on the market was just 80 days (LESS than 3 months). This is MUCH better than the average in 2008 of 112 days. Read More: About Selling Your Colorado Springs Home Old Colorado City Real Estate: Median and Average Sale Price, by Month:
Comments: In 2009, Old Colorado City homes were all over the board on a month-to-month basis, with the average sales price of $163,289 and a median sales price of $155,917. These prices are lower than 2008 by about only $10,000. Search All Homes for Sale in Old Colorado City Find the Value of Your Old Colorado City Home Popular Old Colorado City Home Searches: Based on Old Colorado City Real Estate single family home information from the Pikes Peak REALTOR Services Corp. (”RSC”), for January-December 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.
Thanks for reading our Colorado Springs Real Estate Blog! Posted on February 2nd, 2010 by Mariana Wagner
|
Colorado Springs Foreclosure Report for 2009
Here is the Colorado Springs real estate market foreclosure report for 2009. Colorado Springs saw 1,487 foreclosure or pre-foreclose homes sell in 2009. Foreclosures made up 24% of all homes sales in Colorado Springs last year. Here is how the foreclosure sales were represented throughout the city:
Check Out: Colorado Springs Foreclosure and Short Sale Information How does this break down per area? Briargate Real Estate Market: 71 foreclosures Briargate had only 5% of the city’s sold foreclosures. I would attribute this to the general higher price point of the homes in Briargate as well as the fact that most Briargate home buyers have owned a home in the past and had enough mortgage savvy not to get into a “bad loan”. Briargate DID have the least concentration of foreclosures per area. Central and Downtown Real Estate Markets: 190 foreclosures Central and Downtown Colorado Springs has a lot of smaller homes. Because of this, there are more homes in this area and more opportunities for foreclosure. Additionally, there are a lot of lower priced homes in central Colorado Springs which were very appealing to first time home buyers who maybe should NOT have qualified to buy a home. Eastside Colorado Springs Real Estate Market: 169 foreclosures Like central Colorado Springs, the Eastside has a lot of smaller and less expensive homes – which gives us more potential for foreclosures in this area. Northeast Colorado Springs Real Estate Market: 174 foreclosures The Northeast part of Colorado Springs is one of the largest areas of town, with more homes than almost any area.So, although this area was the 4th largest contributor to the city’s foreclosures, it is actually right in line with the city average. Northwest Colorado Springs Real Estate Market: 44 foreclosures The Northwest part of Colorado Springs wins as having the fewest foreclosures AND the 2nd lowest concentration of forecloses within its area. Northgate and Flying Horse Real Estate Markets: 48 foreclosures The homes in Flying Horse and Northgate are larger, sit on larger lots and generally (like Briargate) are not first-time-home buyer homes. In addition to this, the geographic area is smaller. All of this leads to a very small number of foreclosures. Old Colorado City and Westside Colorado Springs Real Estate Markets: 88 foreclosures The Old Colorado City and Westside areas of Colorado Springs sat right at the city average and right in the middle of the scale when representing area foreclosures. Powers, Marksheffel and Banning Lewis Ranch Real Estate Markets: 315 foreclosures This area contributed the MOST foreclosure sales to the Colorado Springs real estate market in 2009. I attribute this to how new the area is and how many people bought new homes with the Adjustable Rate Mortgage. However, this is one of the largest and most densely packed areas of the city, so the actual ratio of sold homes to foreclosure sales was not much higher than the city average. Southeast Colorado Springs Real Estate Markets: 289 foreclosures Southeast Colorado Springs was the second highest contributor to the Colorado Springs Foreclosure sale market, at 19%. However, it DID rank the highest for foreclosure sales concentration per area. Southwest Colorado Springs and Broadmoor Real Estate Markets: 99 foreclosures Southwest Colorado Springs has a drastic difference in property area types. The eastern part of this area has some of the lowest priced homes in the city, whereas the western parts have some of the most expensive homes ever built and sold in Colorado Springs. This always is “interesting” when trying to accurately compare this area to other real estate markets. So, although the graph shows that the Powers Area was the largest contributor to foreclosures, it is interesting to note that it was the S/E and Central areas of Colorado Springs that had the highest concentrations of foreclosures sell in 2009. Search All Homes for Sale in Colorado SpringsSearch All Colorado Springs ForeclosuresSearch All Colorado Springs
|
Old Colorado City and Westside Colorado Springs Real Estate Market Info for December 2009Here is the Old Colorado City and Westside Colorado Springs Real Estate Market report for December 2009 – brought to you by the Colorado Springs Real Estate Connection. Old Colorado City Real Estate:Old Colorado City is on the westside of Colorado Springs and covers the mature neighborhoods to the immediate north and south of Colorado Boulevard – from 1-25 to Manitou Springs. Homes for Sale in Old Colorado City
Old Colorado City Sales Price Information
Days on Market for Old Colorado City homes
Search All Homes for Sale in Old Colorado City Westside Colorado Springs Real Estate:Westside Colorado Springs covers the areas west of the I-25 between NW Colorado Springs and Old Colorado City. Popular neighborhoods include: Pleasant Valley, Garden of the Gods and Holland Park. Homes for Sale in Westside Colorado Springs
Westside Colorado Springs Sales Price Information
Days on Market for Westside Colorado Springs homes
Popular West Colorado Springs Home Searches:
“Based on single family home sale information from the Pikes Peak REALTOR Services Corp. (”RSC”), for December 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.” Posted By: Wagner iTeam at Keller Williams Realty – 719.434.7525
Thanks for reading our Colorado Springs Real Estate Blog! Posted on January 12th, 2010 by Mariana Wagner
|
Colorado Springs Luxury Real Estate: Most Expensive Home Sales for November 2009Here are the Top 3 most expensive Colorado Springs homes that sold in November 2009. These are all custom luxury homes built between 1951 and 2004.  Most Expensive Home Sales in Colorado Springs - November 2009 1. 1745 Coyote Point Drive, Colorado Springs CO 80904 – Kissing Camels
Search All Luxury Kissing Camels Real Estate Over $1 Million 2. 2406 Stratton Pines Point, Colorado Springs CO 80906 – Broadmoor/Stratton Pines
Search All Luxury Broadmoor Real Estate Over $1 Million 3. 28 Elm Avenue, Colorado Springs CO 80906 – Broadmoor
Search All Luxury Broadmoor Real Estate Over $1 Million Search ALL Colorado Springs Luxury Homes for Sale Over $1 Million
Thanks for reading our Colorado Springs Real Estate Blog! Posted on December 28th, 2009 by Mariana Wagner
|
