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February 2010 Colorado Springs Westside Market Report

By
Real Estate Agent with The Platinum Group Realtors

February 2010 Colorado Springs Westside Market Report (edit/delete)

 

I-25 runs through Colorado Springs.  In general, the "Westside" is considered West of I-25 and North of Hwy 24.  South of Hwy 24 is the Southwest area of Colorado Springs.  This area is popular for several reasons:  established neighborhoods, multiple parks, including Garden of the Gods and Ute Valley, easy terrain, wide variety of home styles & character and access to Old Colorado City with shopping, restaurants, coffeee/tea houses, etc.  You will also find townhomes, condos, some vacant land (not a lot) and single family residences .  In February 2010 there were 91 properties found.  Of those:

49 are active on the market  

3 are first right of refusal

6 are under contract 

9 are pending

8 are cancelled and 

7 are sold 

 

The list price ranges from $99,000 to $1,899,000.  The average listing is $442,138.  The average under contract is $361,116 and the average sold property was $169,198 with 92 days on the market.  


Posted by

Kelly Young Realtor

About the Author: Kelly Conner Young, GRI

Kelly is an Associate Broker with The Platinum Group Realtors.  She has over 15 years experience in Real Estate in the Colorado Springs and Front Range region of Colorado. She represents buyers and sellers of real estate buying homes, land for sale and mountain property getaways.   Specific areas include:  Black Forest, Broadmoor, Colorado Springs, Divide, Falcon, Downtown, Manitou Springs, Monument, Old Colorado City, Westside, Woodmen Hills and Woodland Park. You can reach her at 719-226-0126 or by clicking "email the author" above.

Comments (1)

Guy Thomas
WR Starkey Mortgage - Colorado Springs, CO


Thanks for your market updates. I find them very useful for keeping up with the general movement of the market at a glance.

Mar 20, 2010 08:04 AM