
Here is a market snapshot for the different areas of Colorado Springs, for October 2011.
Read the full article: Colorado Springs Real Estate Market Snapshot for October 2011
Black Forest
Briargate
Central & Downtown
Eastside
Northeast
Northwest
Northgate and Flying Horse
Old Colorado City
Powers and Stetson Hills
Southeast
Southwest and Broadmoor
Westside
Based on Colorado Springs real estate information from the Pikes Peak REALTOR Services Corp. (”RSC”), Colorado Springs MLS, for October 2011. RSC does not guarantee or is in any way responsible for its accuracy. Data maintained by RSC may not reflect all real estate activity in the market.
The Colorado Springs real estate market has seen quite a bit of movement over the last few years – both up and down.
Here are some interesting graphs detailing different elements of the Colorado Springs real estate market and surrounding areas of Monument, Manitou Springs and Fountain from April of 2010 – April of 2011.

There was a glut of homes for sale in the summer months of 2010, and as you can see below, there were less sales then, than in previous months. Spring of 2011 had a better balance of homes for sale vs. sales in the Colorado Springs real estate market.

For more information on the Colorado Springs real estate market,
please contact the Wagner iTeam: 719.434.8346
Here is the Central and Downtown Colorado Springs Real Estate Market Report for 2010 – brought to you by the Colorado Springs Real Estate Connection. Central Colorado Springs neighborhoods are all the neighborhoods inside of Circle Drive (Fillmore to the North). Downtown is the neighborhoods roughly west of Union, East of I-25, south of Fillmore and North of Cimarron and includes the neighborhoods surrounding Colorado College and Patty Jewett Golf Course and include the Old North End and homes for sale on Wood Avenue.
Red More: About the Central and Downtown Colorado Springs Real Estate Market
Central and Downtown Colorado Springs Real Estate: Available and Sold Listings, by Month:

Search All Homes for Sale in Downtown Colorado Springs

Comments:
There was a total of 537 home sales in Central and Downtown Colorado Springs in 2010. The majority of homes from March-June 2010, which is right when the Home Buyer Tax Credit was expiring, and everyone was anxious to buy a home and get the tax credit. In 2010, the best selection of homes was in July, peaking at 354 available homes for sale in central and downtown Colorado Springs.
Central and Downtown Colorado Springs Real Estate: Average Days on Market, by Month:

Comments:
For the homes in the central and downtown Colorado Springs real estate markets that SOLD in 2010, the days on market data was all over the place – ranging from a low of 53 days in March to a high of 126 days in July. The average time that a home in central or downtown Colorado Springs stayed on the market was just 81 days.
Central and Downtown Colorado Springs Real Estate: Average Sale Price, by Month:

Comments:
In 2010, downtown and central Colorado Springs homes had an average* sales price of $162,780. Prices varied from $133,709 in April all the way up to $189,505 in July of 2010.
(Average sales price is determined by adding up all the sales prices and dividing by how many sales happened. Median sales price is determined by finding the mid-way point between the highest and lowest price of sold homes. In some real estate markets, the median sales price is a better indicator of sales prices, as a random super-high or super-low sales price can thwart an average.)
Find the Value of Your Downtown Colorado Springs Home
Popular Downtown Colorado Springs Home Searches:
Based on Central and Downtown Colorado Springs Real Estate single family home information from the Pikes Peak REALTOR Services Corp. (”RSC”), for January-December 2010 . RSC does not guarantee or is in any way responsible for its accuracy. Data maintained by RSC may not reflect all real estate activity in the market.
Here is the Annual East Colorado Springs Real Estate Market report for 2010 – brought to you by the Colorado Springs Real Estate Connection. East Colorado Springs consists of most of the mature neighborhoods east of Austin Bluffs Parkway, from Platte (S) to almost Powers Blvd (N/E). Village Seven and Villa Loma are 2 very popular East Colorado Springs neighborhoods.
Read More About the Eastern Colorado Springs Real Estate Market.
East Colorado Springs Real Estate Market: Available and Sold Listings, by Month:

Comments: In 2010, the East Colorado Springs real estate market had between 178 and 316 homes available each month. The most homes were available in August and the lowest selection of homes was in February.

Comments: There were a total of 513 recorded home sales in 2010. The most sales were in the spring months right around the time of the First Time Home Buyer Tax Credit. The fewest homes were sold in October, at just 27 sales.
East Colorado Springs Real Estate Market: Average Days on Market, by Month:

Comments: On average, it took an East Colorado Springs home 73 days to sell in 2010. This is just over 2 months and great news for home sellers. Days on market ranged from 55 days in April to 96 days in both February and November.
Days on market are calculated by how many days a home is consecutively listed until an offer is accepted.
East Colorado Springs Real Estate Market: Average Sale Price, by Month:

Comments: The average sales price for an East Colorado Springs home in 2010 was $176,302. The highest sales price was in October at $205,203 and the lowest price was just the month before (September) at $163,127.
Find the Value of Your East Colorado Springs Home
Check Out: Annual Eastside Colorado Springs Real Estate Market Report for 2009
Popular Searches for East Colorado Springs Homes:
Based on East Colorado springs real estate single family home information from the Pikes Peak REALTOR Services Corp. (”RSC”), for January-December 2010 . RSC does not guarantee or is in any way responsible for its accuracy. Data maintained by RSC may not reflect all real estate activity in the market.
Posted By: Mariana Wagner – Wagner iTeam at Keller Williams Realty – 719.434.7525
Colorado Springs Real Estate Expert
Here is the annual Powers Area Colorado Springs Real Estate Market report for 2010 – brought to you by the Colorado Springs Real Estate Connection. The Powers area consists of all Colorado Springs neighborhoods east of Powers Blvd., West of Marksheffel, South of Woodmen Road and North of Platte Avenue/ HWY 24. The main neighborhoods that make up the Powers area are: Stetson Hills real estate market, Springs Ranch real estate market, Greenhaven real estate market, Indigo Ranch real estate market and Cimarron Hills real estate market.
Red More: About the Powers Area Colorado Springs Real Estate Market
Powers Area Colorado Springs Real Estate: Available and Sold Listings, by Month:

Comments: The most homes were available in the Summer months, which is also when the most homes were sold. February had the highest percentage of homes sell, at 23.7%. The lowest percentage of homes sold in September and October at just over 14%.

Comments: There were a total of 867 sales in the Powers area real estate market in 2010.
Powers Area Colorado Springs Real Estate: Average Days on Market, by Month:

Comments: Homes in the Powers area market were on the market an average of 71 days before accepting an offer.
Read More: About Selling Your Colorado Springs Home
Powers Area Colorado Springs Real Estate: Average Sale Price, by Month:

Comments: The annual average sales price of a home in the Powers area of Colorado Springs was $197,037.
Find the Value of Your Powers Area Colorado Springs Home
Banning Lewis Ranch Real Estate Market Information
The Banning Lewis Ranch real estate market (to include Claremont Ranch) is an area to the immediate east of Marksheffel and the Powers area. Although this neighborhood is slated to be HUGE in the future, it is rather small at this time and there is not a lot of data for 2010. Here is what we do know:
Popular Powers Area Colorado Springs Homes Searches:
Based on Powers Area Colorado Springs Real Estate single family home information from the Pikes Peak REALTOR Services Corp. (”RSC”), for January-December 2010. RSC does not guarantee or is in any way responsible for its accuracy. Data maintained by RSC may not reflect all real estate activity in the market.
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