Colorado Springs Housing Market Report: October 2007
November 6, 2007 | Leave a Comment
The Colorado Springs Housing Market has remained pretty steady from September to October of 2007. Homes in Colorado Springs are still selling around the 3 month mark, and even selling for very close to asking price. Here is a snapshot of the data:
Average Days on Market (DOM): 85
Median Days on Market: 88 Days
Average Sale Price (SP): $258,207
Median Sales Price: $233,958
List Price to Sale Price Ratio (LP/SP): 97.78%
Median LP/SP Ratio: 98.22%
In October 2007:
- 674 homes went on the market.
- 237 homes went under contract.
- 178 homes sold.
(Read Full Market Report HERE.)
For more information on the Colorado Springs Real Estate Market, please check out our recent reports:
Colorado Springs Market Report: September 2007
Colorado Springs Market Report: August 2007
<< Search For Homes For Sale In Colorado Springs >>
Posted By: Mariana Wagner - Wagner iTeam – Colorado Springs Real Estate
Colorado Springs Real Estate Market Report - September 2007
October 9, 2007 | Leave a Comment
Here is a snapshot of the Colorado Springs Real Estate Housing Market for September, 2007.
(The FULL September Market Report can be found at Colorado Springs Real Estate Connection.)
Average Days on Market (DOM): 84
This is UP from 83 day from July.
Average Sale Price (SP): $292,194
This is UP from $281,274 in July.
List Price to Sale Price Ratio (LP/SP): 97.09%
In September 2007:
- 751 homes went on the market (PWR had the most new homes on the market at 81 homes)
- 259 homes went under contract (N/E had the most homes go under contract at 29 homes)
- 184 homes sold (F/V had the most homes sold at 24 homes)
<< Search For Homes For Sale In Colorado Springs >>
Posted By: Mariana Wagner – Colorado Springs Real Estate
BAH Rates Calculator – All Air Force Bases
October 9, 2007 | Leave a Comment
For those of you out there looking for a real-time BAH Calculator, here it is:
(Click anywhere in the box and you will be directed to the BAH calculator site.)
Check out: How Much Home Will Your BAH Afford You In Colorado Springs?
Posted By: Mariana Wagner – Colorado Springs Military Relocation
Operation Vacation – Free Vacations for Our Troops and their Families
September 27, 2007 | 1 Comment
Thanks to Bob Johnson – a Realtor® in Glenwood Springs, there is now a “non-profit, all-volunteer organization based in Glenwood Springs whose purpose is to reunite deserving soldiers with their families on free vacations in the Roaring Fork Valley.”
This program is called Operation Vacation.
Their motto is: “Operation Vacation is committed to carrying out missions of gratitude deploying our troops and their loved ones deep in the rugged Rocky Mountains, allowing them some quality family time and a little bit of the peace and freedom they put their lives on the line for everyday.”
Operation vacation has sent over 17 families on vacations since mid 2005, and has averaged providing 1 vacation to a military family a month in 2006.
To donate to this cause, please visit their website: Operation Vacation or send a donation to: Operation Vacation, P.O. Box 2371, Glenwood Springs, CO 81602
To find out more about this awesome program, please contact founder and CEO Bob Johnson at bob@operationvacation.org.
Posted By: Mariana Wagner – Colorado Springs Real Estate
Colorado Springs Neighborhoods: Cimarron Eastridge and Cimarron Westridge
September 22, 2007 | Leave a Comment
Cimarron Eastridge and Cimarron Westridge are 2 mature neighborhoods on the east side of town – just east of Powers and just minutes from Peterson AFB and Schriever AFB. Cimarron Eastridge is east of Peterson Road and Cimarron Westridge is west of Peterson Road. Both neighborhoods sit between Palmer Park Blvd. and Constitution. These neighborhoods are to the immediate north of Cimarron Hills.
Cimarron Eastridge and Westridge are in an unincorporated part of El Paso County, so even though they are addressed as “Colorado Springs” they do not share the Colorado Springs school district (D-11) nor are they covered by Colorado Springs Utilities. The school district for these neighborhoods is Falcon School District 49. The homes in Cimarron Eastridge and Cimarron Westridge are serviced by the same utility companies as Cimarron Hills.
The Cimarron Eastridge and Cimarron Westridge Neighborhoods are:
- Just a couple minutes from Peterson AFB and Schriever Air Field
- A 10 minute drive down Powers to Fort Carson Army Base
- Less than 5 minutes from the Colorado Springs Municipal Airport
- Home to the popular Cherokee Ridge Golf Course
Cimarron Eastridge and Cimarron Westridge Home Types:
- Built between the late 1970’s and the early 1980’s
- 3-4 bedrooms and 2-3 bathrooms
- 1-2 car garages and about
1,500 total square feet - Most homes are tri-levels and bi-levels with a few ranch style homes.
Cimarron Eastridge and Cimarron Westridge Real Estate:
From April - September 2007:
-
Current Available Homes:
- 17 Single Family Homes: $141,900 - $194,900
- Average Days on Market: 98 days
-
Current Under Contract:
- 1 Single Family Home: $133,900
- Average Days on Market: 92 days
-
Sold Properties:
- 24 Single Family Homes: $115,000 - $204,000
- Average Days on Market: 90 days
For more information about Cimarron Eastridge and Westridge Real Estate, or Homes for Sale in Cimarron Eastridge and Cimarron Westridge, please visit: Colorado Springs Real Estate Connection
Posted By: Mariana Wagner – Colorado Springs Real Estate
Colorado Springs Neighborhoods: Cimarron Hills
September 22, 2007 | Leave a Comment
Cimarron Hills is a mature, tree-lined neighborhood east of Colorado Springs. This neighborhood is one of the closest neighborhoods to Peterson AFB and is just minutes from Schriever AFB and Fort Carson Army Base.
Most homes south of Omaha Blvd. are a part of Colorado Springs School District 11 and homes north of Omaha are a part of Falcon School District 49. (Omaha Blvd. cuts the neighborhood of Cimarron Hills roughly in half. Cimarron Eastridge and Westridge are all D-49)
Because most of Cimarron Hills has not been annexed to the city, only a very few homes are a part of the Colorado Springs Utilities service area. The majority of the homes are serviced by the following companies:
- Cimarron Hills Water: Cherokee Water District
- Cimarron Hills Gas: Aquila Gas Company
- Cimarron Hills Electric: Mountain View Electric Company
Boundaries:
- East: Marksheffel
West: Powers Blvd.
- North: Palmer Park
- South: Platte Ave./ Hwy 24
The Cimarron Hills Neighborhood is:
- Right across Highway 24 from Peterson AFB
- Just a couple minutes North of Schriever Air Field
- A 10 minute drive down Powers to Fort Carson Army Base
- Less than 5 minutes from the Colorado Springs Municipal Airport
- Home to the Sand Creek Golf Course
- Minutes from the shopping/restaurant/entertainment on Powers Corridor
- Home to the new Christa McAuliffe D-11 Elementary School (for homes South of Omaha Blvd.)
- About 10 minutes from Citadel Mall
What kind of homes can be found in Cimarron Hills?
- Built between 1960 and 1990 (most in the 70’s)
- 3-4 bedrooms
- 2-3 bathrooms
- 1-2 car garages
- About
1,400 total square feet.
Cimarron Hills Real Estate:
From April - September 2007:
-
Current Available Homes:
- 7 Town Homes: $89,500 - $117,900
- 23 Single Family Homes: $122,900 - $186,000
- Average Days on Market: 116 days (lowest: 5 days and highest: 793 days)
-
Current Under Contract:
- 3 Single Family Homes: $134,900 - $159,900
- Average Days on Market: 59 days
-
Sold Properties:
- 8 Town Homes: $60,000 - $132,800
- 24 Single Family Homes: $117,000 - $186,000
- Average Days on Market: 85 days
- Average List Price to Sale Price Ratio: 99%
For more information about Cimarron Hills Real Estate, or Homes for Sale in Cimarron Hills, please visit: Colorado Springs Real Estate Connection
Posted By: Mariana Wagner – Colorado Springs Real Estate
USAFA – United States Air Force Academy
September 13, 2007 | 5 Comments
Colorado Springs is home to the USAFA: United States Air Force Academy. Located in the northern part of Colorado Springs, the USAFA can be accessed by the Northern gates just west of Gleneagle and Northgate or from the Southern gates at the end of North Academy Blvd. (It is important to note that Academy Blvd. has access to TWO military gates in Colorado Springs: South Academy Blvd offers accesst the the North gates of Fort Carson Army Base and North Academy Blvd. offers access to the South gates of the USAFA. Try not to get confused!)
The USAFA is a landmark in northern Colorado Springs with the Rocky Mountains as a stunning backdrop.
Taken from the USAFA site:
“The U.S. Air Force Academy is recognized as one of the nation’s finest four-year institutions of higher learning. Accredited by the Higher Learning Commission of the North Central Association of Colleges and Schools, the Accreditation Board for Engineering and Technology (ABET), the Committee on Professional Training of the American Chemical Society, the Computing Accreditation Commission of the Accreditation Board for Engineering and Technology, and the Association to
Advance Collegiate Schools of Business (AACSB), the academic curriculum provides cadets with a solid foundation appropriate to an Air Force career and the activities of a responsible American citizen.”
If you enter as a visitor, you should check out the Visitors Center and take a short hike to the Cadets Chapel. The Cadets Chapel has such a unique architectural style and is noticable from many parts of Northern Colorado Springs.
Some facts about the Cadets Chapel:
- The Cadets Chapel is an All-Faith house of worship with separate chapels for Protestant, Catholic and Jewish faiths, and is designed where all chapels can hold services at once without disturbing each other.
- The All-Faith Rooms are designed to accommodate the needs of smaller religious groups.
- The chapel is 150 feet tall and features aluminum, glass and steel with 17 spires and cost $3.5 million to build. “Furnishings, pipe organs, liturgical fittings and adornments of the chapel were presented as gifts from individuals and various organizations.”
- The architect was Walter A. Netsch Jr. and construction was by Robert E. McKee, Inc.
(The following picture was taken from the North side of the chapel – looking straight up)
Some Facts about the school:
- There are about 75% military faculty and 25% civilian faculty and over 560 professors at the USAFA.
- There are 32 academic majors (and even more minors) offered – from aeronautical engineering to systems engineering management.
- There are more than 500 courses offered each year.
- ” Throughout the academic year, cadets may also attend presentations by distinguished political, academic, business, media, cultural, and military leaders.”
- The Cadet Summer Research Program allows about 190 cadets to spend 5 weeks “at various Air Force, Department of Defense, and other research facilities around the world.”
Some History about the USAFA:
- The USAFA was established in 1954 by President Dwight D. Eisenhower.
- The location was chosen above 45 other sites and once chosen, Colorado contributed $1 Million Dollars toward the purchase.
- The first class to attend the USAFA at its current location was in 1958 and consisted of 1,145 cadets.
- The USAFA received accreditation in less than one year of opening.
- Women were allowed to enter the USAFA in 1976 and the first class that included women was in 1980.
Read More Facts About the USAFA
A very popular time to visit the USAFA is during the Football Season: Go Falcons!
Falcon Football Stadium is accessible from either the South Gate or the North Gate, but is closer to the South gate, off of Academy Blvd. Remember that you are on the USAFA grounds when you got to a Fighting Falcons game and drive carefully!
It is good to also note that: “Items prohibited at Falcon Stadium for the 2007 football season include: alcoholic beverages, food, umbrellas, backpacks of any sort, artificial noisemakers, banners or large signs, laser pointers, weapons, firearms, fireworks, glass containers, cans, bags larger than 8×11 inches, and any items that cannot be readily inspected.”
Visitors to the US Air Force Academy are welcome to drive down many of their many scenic roads or walk along many of the hiking trails – like the one between the Visitors Center and the Cadet’s Chapel, where you will feel engulfed in the beauty of the foothills of the Rocky Mountains.
For more information on the United States Air Force Academy, please visit: USAFA.AF.MIL
Surrounding Colorado Springs neighborhoods close to the USAFA include:
- Trailridge Neighborhoods
- Middle Creek Manor
- Deer Creek at Northgate
- Black Forest
- Flying Horse
- Gleneagle
- Peregrine & Rockrimmon
Posted By: Mariana Wagner – Colorado Springs Real Estate – Monument Real Estate
