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Broadmoor Bluffs Housing Market Report as of July 31, 2010

By
Real Estate Agent with ERA Herman Group Real Estate

Homes in Broadmoor Bluffs are in the Southwest Area in Colorado Springs

Search for Homes in Broadmoor Bluffs

Related Article:  Colorado Springs Real Estate Report for SOUTHWEST Area as of June 30, 2010

The Broadmoor Bluffs housing market continues to be a BUYER'S/NEUTRAL Market, as there is currently a 8 month of supply of homes on the market.   A 6 month supply of houses on the market is considered a "NEUTRAL MARKET".   Sales units were up 30% from 2009 to 2008, and pricing was down 16% from 2009 to 2008.    Pricing is continuing to see a decrease in 2010.

Single Family Homes in Broadmoor Bluffs were primarily built from 1979 to 2001 with an average age built of 2001.  The majority of the houses are ranches, 2-storys, bi-levels, and tri-levels  with 2-4 baths, with 2-3 car garages. The average home has appx. 2500 to 3500 square footage.

The area is West of Highway 15, North of Norad Road.  There are several parks in the area including Broadmoor Bluff Park.       

The school District is District 12 and the majority of students go to Cheyenne Mountain Grade School, Cheyenne Mountain Junior High and Cheyenne Mountain High School.  

Broadmoor Bluff

Broadmoor Bluffs

Year

Price

Total Sold

Average Price

per sq foot

Average Days on Market

Average Sold Per Month

2010 year to date

$424,414

7

$108

86

1.0

2009

$426,994

17

$125

136

1.4

2008

$493,566

12

$130

95

1.0

2007

$479,610

20

$127

159

1.7

2006

$481,471

14

$125

127

1.1

2005

$465,333

18

$125

75

1.5

2004

$455,741

21

$121

42

1.8

 This Colorado Springs Real Estate report contains information on Single Family homes in Southwest Colorado Springs.

This information is taken from the Pikes Peak Realtor Services Corp and is deemed reliable but not guaranteed.

 

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Selling Real Estate in the Colorado Springs area, including Monument,  Fountain, Larkspur, Pueblo, Castle Rock, Manitou Springs, Woodland Park, Palmer Lake

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