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Colorado Springs, CO Real Estate News

By Derek and Mariana Wagner, The Artisan Group - Colorado Springs REALTORS®
(The Artisan Group- Keller Williams Premier Realty )
Welcome to this meticulously updated 4-bedroom, 4-bathroom home that combines modern amenities with exceptional comfort. This home offers a versatile floor plan that includes a main level office, which can easily be converted into a 5th bedroom, providing ample space for family, guests, or a dedicated home office. New, energy-efficient windows bathe each room in natural light, and luxurious vaulted ceilings on the main level enhance the fresh, modern aesthetic. The kitchen is equipped with steel appliances, including a double oven and a top-of-the-line refrigerator, perfect for culinary enthusiasts. The laundry room, conveniently situated off the three-car garage, includes a handy utility sink. The finished basement is a highlight, offering a rec room w/full wet bar. It's a perfect spac...
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By Sondra Meyer:, See It. Experience It. Live It.
(EXP Realty, LLC)
 In the Colorado Springs area, the real estate market is a sellers market overall.  However, that does not mean that all homes are selling quickly and for top dollar.   With the exception of the lowest price ranges, buyers are actually very picky.  They are willing to pay top dollar for the house they want IF it is updated.    If they can't find what they want, they appear to be content just waiting.   (Note:  This post is somewhat a work in progress.    I plan to update  it over the next few days to include more pictures and specific sales statistics for the full month. )   Homes that are not updated are NOT selling very fast unless they are priced low enough that an investor can purchase the home, gut the kitchen and bathrooms, make the updates and then resell the home.  They have to ...
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By Derek and Mariana Wagner, The Artisan Group - Colorado Springs REALTORS®
(The Artisan Group- Keller Williams Premier Realty )
Beautiful custom 5 bedroom home with 4 private entrances to separate full living areas! This one of a kind of property sits on over 2 acres of trees and welcomes in plenty of Colorado sunlight and blue skies.  This unique home is in stunning condition with true one-level living. This home is perfect for multi-generational living or as an income generating property!https://player.vimeo.com/external/260481729.hd.mp4?s=1b284a3611256afe2f9a84286acf4a0ace22c40f&profile_id=175
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By Realtor Ben Townsend, Selling Colorado Property for 26+ Years
(Townsend Real Estate, Ltd.)
 This search is of all the properties on the Pikes Peak Multiple Listing Service. If you would like to browse prices and inventory of the whole area, this will work. If you know what you want and can give me some specifics, I recommend contacting me through my contact form and I will customize a search for you. The customized search tailored for your needs will be your best shot at achieving your goals. The more specific the better. My search will be ongoing and will tell you available properties and when any price changes occur  SELLING YOUR HOMETricks to Selling Your Home1. Make Room. Clear out as much furniture as you can. Put it in storage, give it to Goodwill Industries or have a garage sale. Hallways and doorways, in particular, need to be clear and open.2. Use Counter Intelligenc...
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The Briargate subdivision of Colorado Springs saw a new high Median Sales price in January of 2018 of $384,900. This is a big deal for a subdivision that started with home sales in the low $100's back in the 80's. As a matter of fact, I remember being at a Colorado Springs Real Estate Company in the late 90's when an agent announced in an office meeting "Can you believe someone just listed a house in Briargate for $350,000?". This was a big deal back then because Briargate was where you took your buyers that were looking in the $150,000 to $250,000 range. The community was well planned and pricing was very consistent. Briargate Real Estate Stats: January 2018 vs. 2017   January 2018 2017 Number Sold 61 63 (Jan 2017) Average Days on Market 62 34 (all of 2017) Median List Price $392,658 $...
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By Nancy Murray, Your NICE Real Estate Agent in Colorado Springs
(Keller Williams Clients Choice Realty, Colorado Springs, CO)
We are still seeing the impact of the holiday season to the local real estate market as predicted. Active listings are down 8% over December and sales are down 22%. Average Sales Price and median sales price both up by 1.3%. From one year ago, Active listings are down 7% and sales are up 3%.  The average sales price and median sales price for Colorado Springs MLS are both up 10.2%. Inventory is 1.3 months MLS wide. One year ago inventory was at 1.5 months.
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By Nancy Murray, Your NICE Real Estate Agent in Colorado Springs
(Keller Williams Clients Choice Realty, Colorado Springs, CO)
    January was a slow month for closings, which we anticipated due to the low number of pending properties the previous month. But it was a very active month for buyers. The Briargate area of the MLS, which includes Cordera, Wolf Ranch, and Pine Creek, saw a 225% increase in pending properties over December. Of the closings that did occur we saw a big jump in sales price. In December 35.4% of the homes sold were priced under $300,000, in January only 8.7% of the homes sold were priced under $300,000. 32% sold for list price and an additional 16.5% sold for above list price. This means that 48.5% of the homes in District 20 sold for list price or higher. All good news for sellers but means a very competative market for buyers!The average sales price and median sales price are both up 5%...
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By Derek and Mariana Wagner, The Artisan Group - Colorado Springs REALTORS®
(The Artisan Group- Keller Williams Premier Realty )
Convenience is the key to this affordable, well maintained 4 bed 2 bath home! Near EVERYTHING, including Ft. Carson, Peterson AFB,  Powers Corridor, I-25 and the Colorado Springs Airport! Livable floor plan, vaulted ceilings and a fabulous kitchen which opens into the great room for a truly warm  living experience! The kitchen has it all: granite counter tops, ceramic tile flooring, stainless appliances, plus ample cabinets and a full pantry! Dining area w/ bay window walks out to the large patio with plenty of grilling area, and backyard with privacy fencing. Spacious master w/WIC, ceiling fan & adjoining bath. Main level second bedroom has double closets. The full basement has been finished to include a huge family room perfect for entertaining or just relaxing with family and friends...
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By Nancy Murray, Your NICE Real Estate Agent in Colorado Springs
(Keller Williams Clients Choice Realty, Colorado Springs, CO)
The real estate market in Academy District 20 in Colorado Springs slowed down a bit over the month of December in preparation for the holidays. Active listings, new listings to the market, pendings, and solds are all down from the previous month. Average sales price is the same and median sales price is down 3%.  From one year ago, the average sales price is up 9% and the median sales price is up 10%. This trend is expected to continue into 2018 in Colorado Springs. For the complete report visit Academy District 20 Homes Market report for December 2017.  
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By Nancy Murray, Your NICE Real Estate Agent in Colorado Springs
(Keller Williams Clients Choice Realty, Colorado Springs, CO)
The Colorado Springs Real estate market continues to follow typical annual trends with low inventory and an increase in average sales price and median sales price. Our current inventory is at 1.2 months, which is making it difficult for buyers to find acceptable properties and in heavy competition when they do. Homeowners who do not have to sell, are not making the move. Those that do, have to act quickly when their home hits the market, often receiving multiple offers. Even though the market is very active, sellers are still cautioned to price their Colorado Springs home correctly. For the complete report visit: Colorado Springs MLS Market Update for December 2017.Also, visit Academy District 20 Homes Market Update for December 2017.
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By Derek and Mariana Wagner, The Artisan Group - Colorado Springs REALTORS®
(The Artisan Group- Keller Williams Premier Realty )
​Welcome home to this beautifully updated 5 bed rancher on a lg corner lot! Tons of updates and upgrades throughout this nicely maintained 1-owner home. As you walk across the front porch you will be greeted by vaulted ceilings and skylights bringing in tons of natural sunlight throughout the main level. The kitchen boasts a bfast nook and bar, 18in tiled floors, custom tiled backsplash, granite counters, stainless appliances. The great room has a dining area and walks out to the patios and large fenced rear yard, to include 2 dog runs. There are 3 bedrooms on the main level, to include a spacious master suite w/private tiled bath and a full hall bath. The basement of this home has been fully finished to include a huge family/rec room, 2 more bedrooms, bath and laundry room. Convenientl...
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By Derek and Mariana Wagner, The Artisan Group - Colorado Springs REALTORS®
(The Artisan Group- Keller Williams Premier Realty )
Spacious and sunny Westside home. Huge main level living room with tons of natural light. Separate dining area with pantry. Light and bright eat in kitchen with ample cabinet and a tile backsplash. Two main level bedrooms full bathroom. Basement has third bedroom, bonus room, rec room, laundry room with wash basin and ample storage. Detached oversized one car garage and off alley access parking. Fenced lot with covered front porch, plenty of room for gardening or lawn, and a great flagstone patio. Convenient location!http://www.seetheproperty.com/254681
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The East Colorado Springs housing market saw a good month in October of 2017 but not a great month. The overall market in El Paso County Colorado has seen some slowing as well. We feel like this is happening because of a lack of inventory in conjunction with rising sales prices.Here is the breakdown: East Colorado Springs-Real Estate Statistics 2007-2017 Year Homes Sold Median Sales Price Median Price Per Sq Ft Average Days on Market 2007 766 $173,000 $94.45 93 2008 638 $164,600 $86.38 101 2009 688 $162,000 $83.25 86 2010 623 $159,000 $84.02 96 2011 644 $147,900 $77.34 122 2012 704 $153,050 $81.21 102 2013 815 $167,000 $86.19 87 2014 888 $173,000 $91.35 81 2015 1024 $184,900 $99.23 65 2016 1191 $205,000 $106.73 28 2017 (YTD) 1056 $230,000 $120.03 21 East Colorado Springs saw 91 home sal...
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The Briargate real estate market has been one of the stronger stories in the greater Colorado Springs Real Estate market. Over the last ten years, this area has seen a Median Sales Price 18% increase from 2007 but a 35% increase from its recession low in 2010.The most surprising statistic is the actual number of home sales we are seeing in the Briargate Real Estate Market. The number of sales remains high, 89 sales in October, while the median price climbs. Here is the breakdown on the Briargate Market for October of 2017. Briargate Colorado-Real Estate Statistics 2007-2017 Year Homes Sold Median Sales Price Median Price Per Sq Ft Average Days on Market 2007 883 $294,900 $103,14 87 2008 673 $282,150 $99.27 101 2009 601 $270,000 $96.75 89 2010 614 $260,000 $94.82 92 2011 580 $263,700 $92...
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East Colorado Springs has become a popular area for Colorado Springs Home Buyers. In the month of September of 2017 the area saw 136 home sales. This number is 10% higher than the previous month and 23% higher than September of 2016.This popularity is most likely driven by the areas close proximity to the Central or Downtown Colorado Springs neighborhood. The chart below illustrates just how affordable the East neighborhood is in relation to the greater Colorado Springs or El Paso County Real Estate market.This affordability in conjunction with the proximity to downtown as well as the mature feel of this area is driving the renewed interest in this wonderful neighborhood.As of this writing, the East neighborhood is on track to surpass 2016's record-breaking 1191 home sales. The only con...
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The Briargate subdivision of northern Colorado Springs, Colorado has seen another impressive month of Real Estate sales. September in Briargate saw 119 sales, that's a 170% increase from the September low of 44 in 2010. The volume of sales in Briargate for September of 2017 is very impressive but the Median Sales price is even more impressive. Briargate saw a 10% increase in the median sales price from 2016 to 2017.  This is impressive but if you pull back to the most recent low of $260,000 in 2010 the increase is an impressive 35%. This is really impressive because El Paso County and Colorado Springs are generally thought to show slower, steadier rates of growth. Here's the breakdown on median sales price.  We are moving into the Fall and Holiday season. This is generally a slower time...
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By Derek and Mariana Wagner, The Artisan Group - Colorado Springs REALTORS®
(The Artisan Group- Keller Williams Premier Realty )
Beautiful upgraded newer home on large culdesac lot. Main level has gorgeous wood laminate floors in living room. Dining area adjacent to gorgeous tiled kitchen w/eat-at island, smoothtop stove and walk out to rear yard. Sunny sunken family room with TV nook. Upper level master is huge and boasts en suite w/raised double vanity, walk in shower, corner soaking tub. Great upper level loft/den. Almost quarter acre lot boasts Pikes Peak views, flagstone patio, fire pit, spot for hot tub and grassy lawn. Conveniently located close to schools, shopping, and military bases!http://www.seetheproperty.com/248148
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By Joe Boylan
(SpringsHomes)
There were 108 sales in the "East" MLS area of Colorado Springs for August of 2017. This is up 64% from the Feb low of just 66 home sales but off 10% from its high in June of 120 sales. We feel like the 10% decrease has more to do with normal seasonal slowing in conjunction with lack of inventory.Year-over-year August home sales in East Colorado Springs have stayed consistent for the past three years. We think this a lot to do with the rapidly escalating prices in Downtown Colorado Springs. East Colorado Springs features homes that were built primarily in the 70’, these homes sit on larger lots with mature landscaping. This gives the area a distinctive charm and it’s close to downtown Colorado Springs yet more affordable.The biggest concern for East Colorado Springs is becoming affordab...
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Briargate Sales Numbers-August 2017   Number of Sales 96 Median List Price $362,450 Average Days on Market 32 Average Price Per Square Foot $122.35  There were 96 sales in the Briargate subdivision of Colorado Springs for the Month of August of 2017. This number is down 27% from August of 2016. We think this decrease has more to do with lack of inventory and affordability than lack of demand.  Briargate has gotten more expensive, especially over the last three years. The Median Sales price in Briargate is now $358,250. That's a 27% increase since 2014.  Certain areas like Fairfax and Sable Chase still have homes prices below the median for Briargate but of course, these prices are climbing as well.The Briargate area remains popular with people looking for Amenities, convenience, and lo...
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By Derek and Mariana Wagner, The Artisan Group - Colorado Springs REALTORS®
(The Artisan Group- Keller Williams Premier Realty )
Check out this well maintained 4 bedroom 3 bathroom home on cul-de-sac lot in Cordera. You'll love the hardwood floors that extend from the entry throughout main level. Formal dining room w/access to kitchen. Great room has gas fireplace and opens to sunny kitchen and breakfast area. Kitchen includes black appliances, gas stove, granite counters, pantry and eat-at island. Spacious main level laundry room and access to attached garage. Upper level boasts a large master suite w/private 5pc bath and walk in closet. This level also has 3 more secondary bedrooms and full hall bath. Large unfinished basement - perfect for storage. Great deck and patio off of rear. Fenced rear yard. Community center boasts a fitness center with classes, heated pool and splash pad, day care options, and access ...
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By Derek and Mariana Wagner, The Artisan Group - Colorado Springs REALTORS®
(The Artisan Group- Keller Williams Premier Realty )
Welcome home to this wonderfully maintained and upgraded 3bed home near Ft Carson! Tiled floors welcome you at the entry and extend into the kitchen. Beautiful engineered wood floors and 2 story vaulted ceilings throughout the rest of the main level. Sunny kitchen has stainless appliances and opens to the dining area and great room! Great room has a wood fireplace and doors leading to the deck, manicured rear lawn and landscaping, storage and new fence! The upper level of this fine home has 2 secondary bedrooms, full hall bath and a master with private ensuite! The basement has been finished to include a family room, tiled laundry, half bath and storage area. Located on a great lot with mature trees, minutes from elementary school, I-25 and Ft. Carson.http://www.seetheproperty.com/243689
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