Colorado Springs Realty Blog

The Stetson Hills subdivision is located just east of Powers in Colorado Springs.  The real estate market is very active in this area of Colorado Springs and there are 4.35 months of home inventory in Stetson Hills.  There are 99 single family homes on the market in Stetson Hills so if you are selling your home in this area of Colorado Springs, it is important to be priced correctly since there is so much competition.  Sellers are also competing against bank owned properties for sale in the area that are priced below the market values.

As seen in the bar graph above, total single family home sales in Stetson Hills has gradually decreased over the past four years.  There have been a total of 117 home sales thus far in Stetson Hills. 

This area of Colorado Springs offers newer homes that are still affordable for first time homebuyers in Colorado Springs.  Most of the homes in this area were built by US Homes.

For further information on available Real Estate in Colorado Springs contact your Colorado Springs Realtor, Patricia Beck.

Market Report for Gatehouse Village May - July 2008

Absorption Rate: 4.33%

Inventory: 3.23 months

List Price vs. Sale Price Ratio: 99.5%

Average List Price in Gatehouse Village: $277,246

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To find out more about Colorado Springs Realty and the Colorado Springs Area contact me or visit my website

Market Report for Wagon Trails May - July 2008

Absorption Rate: 6.67%

Inventory: 4.04 months

List Price vs. Sale Price Ratio: 98.5%

Average List Price in Wagon Trails: $254,640

Market Report for Greenbriar Park May - July 2008

Absorption Rate: 8.25 Months

List Price vs. Sale Price Ratio: 96.1%

Average List Price in Greenbriar Park: $235,536

QUARTERLY MARKET REPORT FOR VISTA MESA - COLORADO SPRINGS
MAY 2008- July 2008

Absorption Rate: 2.6 Months

List Price vs. Sale Price Ratio: 96.9%

Average List Price in Wagon Trails: $312,266

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To find out more about Colorado Springs Realty and the Colorado Springs Area contact me or visit my website.

Single family home sales in June varied by area as can be seen in the pie chart above.

The Powers area had more single family home sales in June 2008 than any other area of Colorado Springs. The Northeast and Briargate areas also had a large percentage of the total single family home sales in Colorado Springs  last month.

These statistics give you an idea of which areas of town buyers are looking in for homes and which areas of Colorado Springs have the most real estate activity. 

Overall, the West side has had fewer sales than any other Colorado Springs area consistently over the past few years.  Although the number of home sales are lower in this area, so is the home inventory ; there are currently 181 homes for sale in the West area of the Springs.  On the other hand, the Powers area may have the highest home sale in June 2008 but it also currently has 590 homes for sale in the MLS. 

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For more information on Colorado Springs Real Estate or the Colorado Springs Area contact me or visit my website.

The area of Briargate is located in school district 20 in the northern area of Colorado Springs.  Homeowners in this area have access to shopping, several parks, and golf courses.  Homes in Briargate offer beautiful mountain views and many Cul-de-Sac neighborhoods. 

Below is a graph of home sales in the Briargate area from 2001-2007; home sales for 2008 are currently at 399 for the year.  Looking back to 2001, Briargate has had a total of 7,260 home sales to date.  This area of Colorado Springs continues to be a desirable area for many home buyers.

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For more information on Colorado Springs Real Estate or the Colorado Springs Area contact me or visit my website.

Greenbriar Park is a desirable area to live in if you are looking for a home on the north end of town; it is close to the intersection of Dublin and Union. It is located in School District 11 with many conveniences nearby. Many of the homes in this area were built in the 1980's and have larger lots. Cottonwood Park is within walking distance of Greenbriar Park and offers a newer playground, Frisbee golf, trails, tennis courts, basketball courts, baseball fields, soccer fields, and a rec center that is fun for the whole family with a workout room, wave pool, lazy river, and waterslide. If you have children and live in the area, there is plenty to do at Cottonwood Park and it is only minutes away! The park can get pretty busy during the spring and summer months with sports, runners, and outdoor concerts.

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Dakota Ridge is located near Vista Grande in the Northeast Area of Colorado Springs and is bordered by Austin Bluffs, Rangewood, and Flintridge.  Richmond and Allure homes border the outer rim of the area and beautiful semi-custom and custom homes that are located around the Saddle Rock area are situated on larger lots. 

There are many places to walk or jog in this Colorado Springs Neighborhood and there is a trail system along the ridge behind Saddle Rock as well.

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