About Colorado Springs' Greenhaven

The Greenhaven Real Estate Market is definitely split. Based on recent MLS data, it shows that there is 17 months of inventory in Greenhaven. This means that the average home in Greenhaven will take 17 months to sell. However, the homes that ARE selling are selling in under 90 days with most selling in under 60 days. This tells me that a home MUST be aggressively priced and marketed to even have a chance at selling.

Unfortunately, homes in Greenhaven were built and purchased at the height of the "boom" that the Colorado Springs real estate market had, which means that in order to sell a home in Greenhaven right now, most homeowners are going to break-even at best, and in most cases, homes will be selling for less than they were originally purchased for. (In fact, only 2 homes in the past 18 months have ever broke the $300,000 mark.)

If you are considering selling your Greenhaven home, you may want to consider renting it out for the next few years instead while the local housing economy readjusts itself. If you absolutely MUST sell, then be prepared to bring money to the table.

However, if you are like MANY people in the area right now, you may NEED to sell but cannot afford to bring money to the table, which may qualify you for a short sale. A short sale means that your lender MAY accept a payoff for LESS than you owe for your home. This can be a very viable option for homeowners who are facing foreclosure: They can sell their home instead of having it foreclose. Right now, there are at least 9 homes in some stage of pre-foreclosure in Greenhaven and only 2 of those homes are currently listed for sale. If you are facing foreclosure, or cannot keep up on your mortgage payments, you need to contact a real estate agent IMMEDIATELY who specializes in short sales.

But don't let this "doom and gloom" discourage you. In fact, the current real estate market has created an EXCELLENT opportunity to BUY homes - maybe an investment property? There are some awesome deals throughout Colorado Springs right now ... and the rental market is strong.

Posted By: Mariana Wagner - Wagner iTeam at Keller Williams Realty

The Greenhaven real estate market for February 2008 brings us 11 homes for sale and 2 homes under contract.

Homes for sale in Greenhaven:

• 6593 Abbeywood Drive - 3bed 2bath - $225,000
• 7099 Silverwind Circle - 3bed 3bath - $249,900
• 6769 Rutherford Drive - 4bed 4bath - $285,000
• 6667 Silverwind Circle - 4bed 3bath - $289,900
• 6574 Thistlewood Street - 4bed 4bath - $291,000
• 6882 Silverwind Circle - 4bed 4bath - $295,000
• 6593 Thistlewood Street - 3bed 3bath - $295,000
• 6676 Finecrest Drive - 4bed 4bath - $305,000
• 6826 Silverwind Circle - 4bed 4bath - $315,900
• 6643 Thistlewood Street - 5bed 4bath - $329,900
• 6654 Thistlewood Street - 4bed 4bath - $335,000

Pending Sales in Greenhaven:

• 7123 Silverwind Circle - 3bed 3bath
• 6715 Silverwind Circle - 4bed 4bath

Already live in Greenhaven, but thinking of moving to a larger home in Greenhaven?
Check out our Special Savings Offer at GreenhavenRealEstate.net

Posted By: Mariana Wagner - Wagner iTeam - Greenhaven Real Estate Experts - (719) 570-7715
Colorado Springs Real Estate - Monument Real Estate - Stetson Hills Real Estate

In the first month of 2008, the Greenhaven Real Estate Market did not see any homes go under contract, but we DID see more homes go on the market.

Here is a snapshot of current homes for sale. For details on these homes, please check out the Greenhaven Real Estate home search.

• There are currently 12 homes for sale.
• Homes are priced from $220,000 - $335,000
  
• Average Asking Price is $282,216
• Median Asking Price is $292,450
• Average Days on Market are 107 days (or about 3.5 months)

If you or someone you know would like to live in Greenhaven,
please contact Derek or Mariana Wagner: Wagner iTeam (719) 570-7715

*Data gathered from Pikes Peak MLS System and is believed to be accurate.
Visit the Greenhaven Neighborhood site: Living In Greenhaven

Posted By: Mariana Wagner - Wagner iTeam - Colorado Springs Real Estate - Monument Real Estate

In 2007, the Greenhaven Real Estate market shifted right along with the rest of the city. The beginning of the year brought us the final John Laing brand new sales of the neighborhood.

In a neighborhood of just under 250 homes, 8% (21) of the homes sold. It looks like the most homes sold in May, August and December and the average days on market for homes that sold were 107 days, or 3 ½ months.

The average sale price for homes that sold was $265,611. Only 2 homes broke the $300,000 mark in 2007:

• 6524 Thistlewood (Brand New Windchime Aria) sold in May of 2007 for $321,136
• 6602 Euclid Drive (Resale Windchime Dulcet) sold in August of 2007 for $303,000

We enter 2008 with 8 homes for sale, and 1 home under contract:

• 6507 Silverwind: $224,900
• 6723 Abbeywood: $255,900
• 6715 Silverwind: $265,000
• 6403 Silverwind: $274,900
• 6667 Silverwind: $289,900
• 6593 Thistlewood: $295,000
• 6826 Silverwind: $315,900
• 6643 Thistlewood: $329,900
• 6593 Abbeywood - Pending

For more information on selling your Greenhaven Home, please contact Derek or Mariana Wagner - the Wagner iTeam at Keller Williams: (719) 570-7715

Other Greenhaven News:

• The neighborhood to the immediate west of Greenhaven is currently slated for single family homes at the same or higher price point as homes in Greenhaven.
• The new Vista Ridge High School is scheduled to open in Fall of 2008 for grades 9-10, and will be a STEM school focusing on Science, Technology, Engineering and Mathematics.

*Data gathered from Pikes Peak MLS System and is believed to be accurate.

Posted By: Mariana Wagner - Wagner iTeam at Keller Williams Realty
Greenhaven Real Estate Agent and your Greenhaven Neighbor