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The Colorado Springs real estate market is hot. April sales jumped 18.8% over last year, and the median price was up 11.6%. Here is a quick summary: Sales – Up 18.8% Median Price (1/2 of the sales are above this amount) – Up 11.6% Average Price – Up 6.3% # of Homes For Sale – [...] While federal budget problems seem to dominate the news, in Colorado Springs, real estate seems to be on peoples minds. Home sales for February were up 29.2% over last year, and the median price was up 12.6%. Permits for new construction jumped 100% over last year, as buyers resort to building new when they can’t [...] Today some of my buyers are closing on a beautifully remodeled $200,000 house in southwest Colorado Springs near Fort Carson, that is costing them virtually nothing down. They had $1,000 earnest money in the deal, and are getting a $500 refund at closing. They aren’t veterans either. Their first payment won’t be for a month. [...] This year is shaping up to be something special, if January home sales in Colorado Springs are any indication. January is historically our weakest sales month, but compared to last year, January 2013 was very good. Sales were up 39% Median Price was up 19% Average (mean) price was up 11% Inventory of unsold homes [...] The Colorado Springs real estate market got more good news in November. This was the 9th month in a row where prices rose over the prior year. The median price rose 9.7% from 2011 to $203,000 The average price rose 6.3% from 2011 to $231,885 Building permits were up 49.2% The inventory of unsold homes [...] The election is over. The winners have had their day, the losers have had their chance, time to get on with life. El Paso County (which Colorado Springs is a part of) voted almost 60% for Mitt Romney, in keeping with the deep conservative tradition here. Not enough to carry the state, but a substantial [...] The Colorado Springs real estate market got more good news in October. The median price rose 14.4% from 2011 to $211,650 The average price rose 8.3% from 2011 to $239,945 Building permits were up 53.2% The inventory of unsold homes dropped 11.3% Sales rose 4.75% Now if we could just get some good news on [...] I’ve written before about Colorado Springs as a retirement destination. I won’t bore you with repeating it all, you can click the previous link to see more about that. Suffice to say that Colorado Springs has a LOT going for it for retirees. But recently, I am running into more and more retirees that have [...] Just over a year ago we moved up to Woodmoor. In Colorado Springs real estate market nomenclature, Woodmoor is part of Monument, or the TriLakes area. But Woodmoor is it’s own community. It has one of the only paid HOA staffs in the entire region. The covenants are pretty standard, but are definitely enforced (you [...] |
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