Homes in Colorado Springs, Market Report for Patty Jewett

Colorado Springs Real Estate

Market Report for Patty Jewett

Single Family Homes

Single Family Homes in Patty Jewett were primarily built from 1940 to 1960.  The majority of the houses are ranches, 1-2 baths, and 1 - 2 car garages.   The average home has appx. 1500 to 2500 square footage.  The absorption rate of    2.5 houses per month shows that there is a 4 month supply of houses on the market; the housing market is currently a SELLERS MARKET in this area.  A 6 month supply of houses on the market is considered a "NEUTRAL MARKET"

Patty Jewett is located in the Central Part of Colorado Springs and in District 11 School District

• Grade School:  Taylor
• Middle School: North
• High School:  Palmer

Patty Jewett is:

• Close to Memorial Hospital
• Close to and the Olympic Training Center
• Close to Colorado College
• Great views of Pikes Peak
• Close to the Colorado Springs School for Deaf and Blind
• 15 - 20 Minutes from the Colorado Springs Airport
• 10 minutes from Citadel Shopping Mall
• Minutes from Downtown Colorado Springs

Recap of August Activity

• Homes Sold in the last month:   5

1.  
   1. 1627 N. Franklin (1754 sq. feet) $228,000
   2. 1322 N. El Paso (2184 sq. feet) $235,000
   3. 728 Paseo Road (1997 sq. feet) $244,000
   4. 1714 N. Royer (2015 sq. feet) $285,000
   5. 519 E. Espanola (2655 sq. feet)$309.900

• Average days on market:   77

Recap of 1-1-08 to 8-31-08 Activity in Patty Jewett

• Homes Sold in the last eight  months:   20
• Average Listing Price:  $242,407
• Average days on market:   92

 Current Report as of 9-2-08 in Patty Jewett

• Active listings as of  9-2-08:    10
• Under Contract and Pending:   2
• Absorption Rate:  2.5 houses per month

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

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

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Colorado Springs Real Estate

Posted by KAT