Woodstone Subdivision Market Report-Northwest Colorado Springs

Woodstone News:

Real Estate Market Report- March 31, 2012

Homes are selling in Woodstone!

Statistics for the past quarter (ending September, 2012)

Number of Homes Sold Year to Date- 11

Average Price of home sold:

Sold Price- $292,000 Average

Range of Price of homes sold

$228K-$388K

Average Days on Market for Homes Sold- 126 (down from 188 first quarter!)

Average Price per Sq. Ft. Homes Sold- $95 per sq. ft. (up from 88 first quarter!

Available Homes in NW Colorado Springs- Woodstone (as of October 23, 2012)

Currently active- 3 homes

6 bdrm. /4 bath/2 car garage built in 1986 (3500 sq. ft.) $289,900

6 bdrm. /4bath/2 car garage built in 1988 (3537 sq. ft) $300,000

4 bdrm. /4 bath/3 car garage built in 1993 (4088 sq. ft.) $399,900

I am an active agent in Northwest Colorado Springs and Woodstone Subdivision. If you are thinking about selling your home in Woodstone, give me a call.  If you would like to know the value of your home, I can do a free market analysis for you! Kristi- 719-459-5468

Woodstone, Colorado Springs Market Report- Homes Sold

Woodstone News:

Real Estate Market Report- March 31, 2012

Homes are selling in Woodstone!

Statistics for the past quarter (ending March 31, 2012)

Number of Homes Sold- 5

Average Price of home sold:

List Price- $282,000 Actual Sold Price- $274,400

Range of Price of homes sold

$240,000 (2713 sq. ft.)- $295,000 (3536 sq. ft.)

Average of Days on Market for Homes Sold- 188

Average of Price per Sq. Ft. Homes Sold- $89

Homes Sold Average Year Built- 1991

Available Homes in NW Colorado Springs- Woodstone (as of April 1, 2012)

Currently active- 1 home currently active at $320,000 (3537 Sq. ft.)

I am an active agent in Northwest Colorado Springs and Woodstone Subdivision. If you are thinking about selling your home in Woodstone, give me a call.  If you would like to know the value of your home, I can do a free market analysis for you! Kristi- 719-459-5468

Northwest Colorado Springs-Woodstone-Market Report

Real Estate Market Report- Ending November, 2011

Homes are selling in Woodstone!

Statistics for the past year (ending Nov. 2011)

Number of Homes Sold- 10

Average Price of home sold:

List Price- $297,640 Actual Sold Price- $290,430

Range of Price of homes sold

$249,900 (1877 sq. ft.)- $415,000 ( 4755 sq. ft.)

Average of Days on Market for Homes Sold- 133

Average of Price per Sq. Ft. Homes Sold- $99.7

Homes Sold Average Year Built- 1990

Available Homes in NW Colorado Springs- Woodstone (as of Nov. 29, 2011)

Currently active- 8 homes

Price Range of active homes in Woodstone

$237,500 (2293 sq. ft.) - $359,500 (4246 sq. ft.)

(one of the active homes currently in Woodstone)

I am an active agent in Northwest Colorado Springs and Woodstone Subdivision. If you are looking to place your home for sale, or buy a home in Woodstone, give me a call today- Kristi 719-459-5468

Woodstone is a large subdivision of 270+ homes in the Rockrimmon area. Most of the homes were built from the mid 80’s to the late 90’s.

Variety is the name of the game in Woodstone. Floor plans vary from ranchers to 5 level homes. Square footage varies from 1,273 to 4,889.

The houses in the community are zoned to Academy District 20 schools.

Given that the square footage and year built varies so much, asking prices in Woodstone run from the low 200’s to low 400’s.

Between 5/1/2010 and 9/30/2010 there were 5 sales and for the same period in 2011 there were 7 sales.

2010                    2011

2,293             2,688 median square feet

$251,000      $278,000 median list price

$108.59        $100.41 median list price per square foot

$248,000      $277,500 median sales price

$108.16        $99.67 median sales price per square foot

95%               99% sales price / list price

7                    75 median days on market

ANALYSIS:

This is a good core neighborhood that gives a good indication on how trends across the city are doing.

The 95% sales price / list price in 2010 was largely a factor of sellers wishing the market was better than it was. Sellers and listing agents did a better job of pricing the houses in 2011 as they got 99 percent of list price.

The median of 7 days on the market in 2010 was a bit of a fluke. On the other hand the 75 days on market in 2011 were certainly indicative of buyers being a bit more cautious and taking a little longer to look.

The $8 drop in median sales price per square foot is mostly due to larger houses being sold.

The fact that the median sales price jumped nearly $30,000 and well over the more common mid 250’s is indicative that some buyers are taking advantage of lower interest rates and moving up in price.

Woodstone remains a neighborhood with good value that is at least steady and possibly increasing slightly.

Woodstone is a large subdivision of 270+ homes in the Rockrimmon area. Most of the homes were built from the mid 80’s to the late 90’s.

Variety is the name of the game in Woodstone. Floor plans vary from ranchers to 5 level homes. Square footage varies from 1,273 to 4,889.

While these homes are just a couple of miles west of I-25 the mountain views make it seem as if you are living miles from the city.

The houses in the community are zoned to Academy District 20 schools.

Just to the north of Woodstone is the Air Force Academy so you will see plenty of pilots in training in the sky.

One of the advantages of being a large subdivision is having a big park right in the subdivision.

There is a long rock and tree filled drainage creek that runs between the back of the houses on Dancing Horse Drive and Carlson Drive. Just right for the adventurous to explore!

Given that the square footage and year built varies so much, asking prices in Woodstone run from the low 200’s to low 400’s.

Because this is such a large subdivision there are usually a number of homes available for sale, however, from time to time there are homes in this community or other communities that aren’t publicly listed for sale but may be available. Contact me by phone, text message or email for further details or to see the variety of homes in Woodstone.