New Listing (437) Price Increase (50) Price Decrease (233) Back On Market (84) UC 1st Rgt - Showing (2) Under Contract - Showing (301) UC Short Sale - Showing (11) Withdrawn (28) Pending (302) Sold (471) Leased (0) Cancelled (35) Expired (4)
There were nearly 100 more new listings that the previous 7 days. Are owners seeing their neighbors get top dollar and deciding to try their luck? On the other hand, 233 sellers found they needed to decrease their price to increase showings and offers. 84 properties came back on the market. Many of those because of low … (1 comments)
The students who aren’t home schooled attend district 14 which ranges from the town of Manitou Springs, North up highway 24 through Green Mountain Falls.
With the Colorado Springs market heating up let’s look at the last 3 months of 2015 and the most recent 3 months.
For this comparison I will focus on the most typically sold properties, those from $200,000 to $600,000.
For the last 3 months of 2015:
30 properties sold Median total square feet was 2,204 Median list … (2 comments)
With the Colorado Springs market heating up let’s look at the last 3 months of 2015 and the most recent 3 months.
For this comparison I will focus on the most typically sold properties, those from $200,000 to $600,000.
For the last 3 months of 2015:
140 properties sold Median total square feet was 3,440 Median list price $381.500 Median sold price $377,729 Sales price to list price 99.05% Median sales price per square foot $113 Cumulative days on market 59 Median year built … (2 comments)
With the Colorado Springs market heating up let’s look at the last 3 months of 2015 and the most recent 3 months.
For this comparison I will focus on the most typically sold properties, those from $200,000 to $600,000.
For the last 3 months of 2015:
434 properties sold Median total square feet was 2,335 Median list price $249,975 Median sold price $248,000 Sales price to list price 99.08% Median sales price per square foot $109 Cumulative days on market 40 Median year built 1978. The oldest house sold was built … (1 comments)
david gibson: Falcon district 49 then, and district 49 now.
- 05/11/16 06:57 AM
District 49, the Falcon School District, is located on the east side of Colorado Springs. It is a large district geographically, and one of the fastest growing.
With the Colorado Springs market heating up let’s look at the last 3 months of 2015 and the most recent 3 months.
For this comparison I will focus on the most typically sold properties, those from $200,000 to $600,000.
For the last 3 months of 2015:
486 properties sold Median total square feet was 2,776 Median list price $263,6780 Median sold price $260,000 Sales price to list price 100.00% Median sales price per square foot $96 Cumulative days on market 50
For the most recent … (1 comments)
david gibson: Cheyenne Mountain district 12 then, and district 12 now.
- 05/10/16 12:02 PM
School district 12, the Cheyenne Mountain district is a very popular and well regarded district to the Southwest of downtown Colorado Springs. The famous Broadmoor Hotel complex lies within district 12 and it is near both Fort Carson and the Cheyenne Mountain military installation.
With the Colorado Springs market heating up let’s look at the last 3 months of 2015 and the most recent 3 months.
For this comparison I will focus on the most typically sold properties, those from $200,000 to $600,000.
For the last 3 months of 2015:
57 properties sold Median total square feet was 2,966 Median list price $350,000 Median sold price $347,500 Sales price … (0 comments)
david gibson: Academy district 20 then, and district 20 now.
- 05/10/16 11:45 AM
School district 20, known as the Academy district is often mentioned when people are asked about good school districts. Just to be clear, El Paso County has many good school districts but district 20 seems to have an edge when it comes to being mentioned by people.
With the Colorado Springs market heating up let’s look at the last 3 months of 2015 and the most recent 3 months.
For this comparison I will focus on the most typically sold properties, those from $200,000 to $600,000.
For the last 3 months of 2015:
398 properties sold Median total square feet was 3,147 Median list price $329,450 Median sold … (1 comments)
Since then, the Colorado Springs market has heated up even more and inventory levels are lower than they have been in years.
One of the potential downsides is that homeowners, investors and flippers may put a house on the market that seems ok but isn’t a good value.
There is an old adage about “putting lipstick on a pig.”
A home that isn’t the best value may not be quite that obvious.
Before you start looking in any low inventory market across the country, go for a “test drive” with a knowledgeable, … (2 comments)
david gibson: Low inventory – Is there hope for Millennials? Yes!
- 05/10/16 12:22 AM
Just as many Millennials are digging out from under their student loan debt they are encountering the fact that many markets, including El Paso County / Colorado Springs, are experiencing very low inventory.
They see properties going under contract before they can even get off work to go see them.
Two of the many attributes attributed to Millennials are hope and self-reliance.
Both of these can take a beating in a low inventory market.
More than one Millennial has exercised their self-reliance and bought the wrong house just so they aren’t left out in the frenzy of multiple offers.
There is a better way.
First of all … (4 comments)
david gibson: Buyers - there is a difference in price and value.
- 03/12/16 06:30 AM
Two houses may be priced the same but have very, very different values. One house has all the positives we look for in a house. The other may have: Geological /soil issues Environmental issues Plumbing issues - such as polybutylene supply side pipes or cast iron drain pipes Electrical issues - such as a Federal Pacific Electric - Stab Lock breaker box or other breaker box that an electrician should evaluate Roof issues - such as a T-Lock roof Flooring issues - such as laminate floors that are the subject of a class action lawsuit These are just some of the aspects of a house that a knowledgeable broker … (4 comments)
While the district does have a couple of public schools on the Air Force Academy grounds, the other 25+ campuses are not on the Academy grounds.
Here is a link to a map of most of the area school districts: https://www.google.com/maps/d/viewer?mid=zUQxyI0dteI0.kGXbt8pRop1g&hl=en
Here is a link to a map of just district 20: http://asr.elpasoco.com/Documents/EntityMaps/ACADEMYSD20.pdf
Here is a link to the districts web site: http://www.asd20.org/Pages/default.aspx
In 2015, 2,200 homes sold that are zoned to district 20. 19 properties, less than … (1 comments)
david gibson: Colorado Country ~ year in review 2015
- 02/26/16 07:06 AM
Colorado Country is a neighborhood in a great location on the east / central side of Colorado Springs. These houses were built from the early to late 80’s. Colorado Country students are zoned to district 11 schools.
This neighborhood had 29 single family sales in 2015. Sold prices ranged from $139,000 up to $249,900. The median sales price was $182,000. Median price per square foot was $121. Median days on market were = 15 days. Median square footage was 1,450.
Colorado Country has moderate turnover so finding the size, floor plan and updates you prefer can take some time. Contact me, David Gibson, by phone, 719-304-4684, text message or email for further details or … (4 comments)
david gibson: Park Vista Estates ~ year in review 2015
- 02/26/16 07:03 AM
Park Vista Estates is a large neighborhoods in a great location on the north / central side of Colorado Springs. The typical lot is about a half-acre in size. Houses were started in the late 50’s and building continues to today. Park Vista Estates students are zoned to district 11 schools.
This neighborhood had 8 single family sales in 2015. Sold prices ranged from $235,000 up to $405,000. The median sales price was $315,000. Median price per square foot was $111. Median days on market were = 48 days. Median square footage was 2,885.
Park Vista Estates has limited turnover so finding the size, floor plan and updates you prefer can … (0 comments)
david gibson: Vista Grande Terrace ~ year in review 2015
- 02/26/16 06:59 AM
Vista Grande Terrace is one of the largest neighborhoods in a great location on the north / central side of Colorado Springs. Vista Grande Terrace is just north of the intersection of N. Union Blvd. and N. Academy Blvd. These houses were built between the early 70’s and the late 70’s. Vista Grande Terrace students are zoned to district 11 schools.
This neighborhood had 118 single family sales in 2015. Sold prices ranged from $125,000 up to $289,900. The median sales price was $208,250. Median price per square foot was $107. Median days on market were = 38 days. Median square footage was 2,001.
Vista Grande Terrace has a lot of … (1 comments)
david gibson: Erindale Park ~ year in review 2015
- 02/24/16 09:48 AM
Erindale Park is a neighborhood in a great location on the north side of Colorado Springs. Erindale Park is immediately East of the Pulpit Rock Open Space. Erindale Park students are zoned to district 11 schools.
This neighborhood only had 2 single family sales in 2015. Both of those houses were built in the early 80’s. Both had a 2 car garage. Sold prices ranged from $270,000 up to $276,500. The median sales price was $273,250. Median price per square foot was $93. Median days on market were = 162 days. Median square footage was 2,979.
Erindale Park has very limited turnover so finding the size, floor plan and updates you prefer … (0 comments)
david gibson: Valley At Erindale ~ year in review 2015
- 02/24/16 09:43 AM
Valley At Erindale is a neighborhood in a great location on the north side of Colorado Springs. Houses in Valley At Erindale were built from the late 80’s to the early 90’s. Valley At Erindale is immediately Eeast of the Pulpit Rock Open Space. Valley At Erindale students are zoned to district 11 schools.
This neighborhood only had 3 single family sales in 2015. 1 had a 2 car garage and 2 had a 3 car garage. Sold prices ranged from $345,000 up to $475,000. The median sales price was $450,000. Median price per square foot was $119. Median days on market were = 36 days. Median square footage was 3,931.
Here is the market watch data for the Pikes Peak Association of Realtors® for the last 7 days.
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