Colorado Springs Real Estate

Colorado Springs Real Estate Blog


El Paso County Home Sales for March 2012

Home sales increased by 40.7% in El Paso County for the month of March when compared to February and sales were 6.8% lower when compared to March 2011.

There were 53 additional single family home sales in March 2012 when compared to March 2011. There were also an additional 1,199 single family homes for sale in March 2011. Inventory levels continue to remain much lower than they were around this time last year in Colorado Springs.

Compared to the previous month of February, both the average sales price ($217,097) and the median sales price ($189,000) increased. Last March, the average sales price was $211,426 and the median sales price was $180,000. Buyers are taking advantage of the opportunity to purchase a home with the current low interest rates and home prices.

 

Single Family Home Sales in Colorado Springs**Information gathered from the Pikes Peak MLS is deemed reliable but not guaranteed

 

Also Read: El Paso County Inventory Statistics for March 2012

Search for homes in Colorado Springs

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

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El Paso County Inventory Statistics for March 2012

Home inventory levels have decreased by 17.4% for the month of March when compared to six months ago. Compared to the previous month of February, there was a slight increase in single family homes for sale.

In March 2011, single family Inventory in the Pikes Peak MLS was considerably higher. Compared to this time last year, months of inventory for Colorado Springs is much lower.

For March, Single Family Home Inventory in the Pikes Peak MLS was sitting at 6.3 months (compared to 4.5 months in February). Looking at statistics over the past six months, we are at 5.5 months inventory. Homes in the lower price ranges continue to go under contract quickly and home buyers who hesitate on submitting an offer may lose the opportunity to another buyer in Colorado Springs.

The months of inventory has improved considerably in Colorado Springs.  As long as the inventory levels remain at these levels and sales remain steady, the market will continue to improve. There is a balanced market in Colorado Springs when inventory sits at 6 months.

 

Single Family Home Inventory - Colorado Springs

**Information gathered from the Pikes Peak MLS is deemed reliable but not guaranteed

 

Also Read: El Paso County Home Sales for March 2012

Search for homes in Colorado Springs

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

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Lawn Care Tips for Colorado Springs Homeowners

With warm weather around the corner, Blade to Blade Lawn & Landscape has provided a few tips to prepare your lawn for the upcoming season…

As you are probably aware, we are coming off of yet another dry winter. Although we have had more precipitation than last year, we are still down in total as La Ñina is still dominating our weather pattern and yielding a mild, dry winter. Please, for the sake of your lawn, we urge you to start watering if you have not been doing so already. We experienced a terrible start to the 2011 season due to the driest winter on record, which subsequently caused a great deal of damage to the landscapes across the county. You will generally need to water you landscape every other week (if we don’t get 6-12” of snow in a two week period) to stave off winterkill and keep the mites off of the lawn and doing damage.

March: Things start to warm up and the days get longer.

Fall cleanups/Spring cleanups: Depending on whether we got to you before the winter and the snow that prevents this type of work from being performed, cleaning up the debris off of your property not only looks better, it can help plants from being damaged that get smothered by the debris.

Short Mowing:  Over the winter, contrary to popular belief, the turf does not die but is very much alive and will grow slightly over the winter months. This accumulation will hamper the absorption of moisture into the lawn. For this reason we “short mow” all of our package customer’s lawns (2.5”) to help maximize moisture getting to the roots, speeds up the transition from dormancy and leaves the lawn in an attractive, aesthetically pleasing appearance. This service should only be done while the lawn is in a dormant state.

Pavement Edging: A well edged lawn really defines the lawn and gives it a clean appearance. Once you cut back the grass off of the pavement, not only does it look better, but it is easier to maintain. We edge all of our service package customers throughout the growing months, beginning in March.

Shrub and Tree pruning/trimming: Trimming trees and shrubs may be done practically any time of the year, however, trimming them during the cooler months are easier on the plants.

April: The weather continues to get warmer and the plants start to wake up.

Core Aeration: Aeration is the cultivation of the soil. Its benefits include: Lessening soil compaction, Managing thatch level (accumulated dead root growth which impedes water penetration), increasing water penetration, increasing air circulation to the roots, and promoting new root growth around the core holes. This service may be done anytime the temperatures have been consistently over 50 degrees for three or four days in a row. Due to the fact that aeration heavily relies on a moist soil to facilitate the aerator tines penetrating the soil adequately, irrigation or heavy precipitation is necessary to perform this service properly.

Fertilization: April is time to start feeding the lawn, getting it prepared for the May growing season. While there is no deadline for an application, ideally an application should be applied several weeks prior to May to ensure proper nutrition.

Weed Control: Weeds grow at a different pace and typically have a different growing season. Grassy weeds such as Crabgrass, must be treated early to prevent germination. Other weeds such as Dandelions also start to emerge.

May: Soil temperatures increase dramatically, morning lows are consistently above 40º, combined with precipitation  and irrigation, the turf hits critical mass and vigorous growth occurs, mowing begins.

Sprinkler System Activation: As soon as the temperatures stay consistently above 35º, it is time to turn on your sprinkler system, winter and early spring watering should have continued manually while your irrigation was winterized.

Weekly Mowing and Trimming:  The grass slowly begins to grow and increases in speed and volume as the month progresses. Be sure to monitor your irrigation system for failures and broken components to prevent lawn damage.

This is a brief list of services that get the landscapes moving in the early spring. For more information please visit www.springslawns.com, or contact us for details and further information.

We are looking forward to helping you with your landscaping needs this year. If you have any questions, concerns, or suggestions as to how we can improve our service or your landscape please contact us!  Thank you again for your business, we do appreciate it!

 

Brian Beck with BLADE to BLADE Lawn & Landscape
719-380-0136
www.springslawns.com
BRIANB@SPRINGSLAWNS.COM

 

We are now on Facebook, we will be posting regularly to keep customers abreast of timely data and pressing concerns. If you want to know the up to date information, check here first! Be sure to like us to get regular posts from us.

 

 

* We are offering some incentives to our customers this year to allow you to experience some services you might not have participated in before. Using Revive® is an excellent tool to combat heat stress in the lawn and help drive moisture to the roots and prevent evaporation due to water pooling on the surface. #1- Purchase one application of Revive® and get the second application 50% off. Purchase two applications and get the third application free. Staying on top of your irrigation system is critical and maintaining it prevents a lot of grief. #2- Sign up for our sprinkler service package and we will throw in a free month of winter watering. #3- Sign up for our Aeration and Fertilization Package and we will aerate your lawn in the fall for half price. #4- Refer a friend to us that signs up for any of our service packages and we will give you one free application of Revive®.

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El Paso County Home Sales for February 2012

Home sales increased by 8.4% in El Paso County for the month of February when compared to January and sales were 14.7% higher when compared to February 2011.

There were 66 additional single family home sales in February 2012 when compared to February 2011. There were also an additional 1,091 single family homes for sale in February 2011. Inventory levels continue to remain much lower than they were around this time last year in Colorado Springs.

Compared to the previous month of January, both the average sales price ($212,551) and the median sales price ($176,750) increased. Last February, the average sales price was $235,684 and the median sales price was $190,457.  Buyers are taking the opportunity to purchase a home with the low interest rates and home prices.

Single Family Home Sales in Colorado Springs**Information gathered from the Pikes Peak MLS is deemed reliable but not guaranteed

 

Also Read: El Paso County Inventory Statistics for February 2012

Search for homes in Colorado Springs

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

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El Paso County Inventory Statistics for February 2012

Home inventory levels have decreased by 23.2% for the month of February when compared to six months ago. Compared to the previous month of January, there was also a decrease in single family homes for sale.

In February 2011, single family Inventory in the Pikes Peak MLS was not only higher but there were also fewer single family home sales. Compared to this time last year, months of inventory for Colorado Springs is much lower.

For February, Single Family Home Inventory in the Pikes Peak MLS was sitting at 6.3 months (compared to 6.6 months in January). Looking at statistics over the past six months, we are at 5.8 months inventory. Homes in the lower price ranges continue to go under contract quickly and home buyers who hesitate on submitting an offer may lose the opportunity to another buyer in Colorado Springs.

The months of inventory has improved considerably in Colorado Springs.  In fact, inventory levels haven’t been this low for the last 10 years!  As long as the inventory levels remain at these levels and sales remain steady, the market will continue to improve. There is a balanced market in Colorado Springs when inventory sits at 6 months.

 

Single Family Home Inventory - Colorado Springs

**Information gathered from the Pikes Peak MLS is deemed reliable but not guaranteed

 

Also Read: El Paso County Home Sales for February 2012

Search for homes in Colorado Springs

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

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El Paso County Inventory Statistics for January 2012

Home inventory has decreased by 29.6% for the month of January when compared to six months ago (August). Compared to the previous month of December, there was also a decrease in single family homes for sale.

In January 2011, single family Inventory in the Pikes Peak MLS was not only higher but there were also fewer single family home sales. Compared to this time last year, months of inventory for Colorado Springs is much lower.

For January, Single Family Home Inventory in the Pikes Peak MLS was sitting at 6.6 months (compared to 5 months in December). Looking at statistics over the past six months, we are at 5.6 months inventory.  Homes in the lower price ranges seem to be going under contract quickly and home buyers who hesitate on submitting an offer may lose the opportunity to another buyer in Colorado Springs.

The months of inventory has improved considerably in Colorado Springs. As long as the inventory levels remain at these levels and sales remain steady, the market will continue to improve. There is a balanced market in Colorado Springs when inventory sits at 6 months.

 

Single Family Home Inventory - Colorado Springs

 

**Information gathered from the Pikes Peak MLS is deemed reliable but not guaranteed

 

Also Read: El Paso County Home Sales for January 2012

Search for homes in Colorado Springs

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

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El Paso County Home Sales for January 2012

Home sales decreased by 27.2% in El Paso County for the month of January when compared to December and sales were 3% higher when compared to January 2011.

There were only 14 additional single family home sales in January 2012 when compared to January 2011.  There were also an additional 1,169 single family homes for sale in January 2011. Inventory levels continue to remain much lower than they were around this time last year in Colorado Springs.

Compared to the previous month of December, both the average sales price ($204,814) and the median sales price ($172,250) decreased. Last January, the average sales price was $210,879 and the median sales price was $180,000.

Single Family Home Sales in Colorado Springs

**Information gathered from the Pikes Peak MLS is deemed reliable but not guaranteed

 

Also Read: El Paso County Inventory Statistics for January 2012

Search for homes in Colorado Springs

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

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3 ways to lower your property taxes in Colorado Springs

Property taxes are paid twice a year and included in the mortgage payment for most homeowners in Colorado Springs.  The amount of a homeowner’s property taxes varies depending on the location and market value of the property in Colorado Springs.  In case you don’t already know, there are a few ways to save on your property taxes if you qualify:

1.  Appealing your property taxes – If you feel the assessed value of your home is incorrect, you may elect to file an appeal.  The typical time to appeal on your property taxes is from May 1st to May 31st of each year.  The El Paso County Assessor does require that the sold comparables used in the appeal process are within a specific time frame.  If the Assessor’s office honors your appeal, your property taxes will be adjusted for the following year.  The next assessment will occur in May 2013 since the El Paso County Assessor re-evaluates the value of homes in Colorado Springs every two years (on the odd year).

2. Senior Property Tax Exemption Program – Homeowners that are 65 years or older and have lived in the property as their primary residence for at least 10 years may qualify for the tax exemption program offered by the El Paso County Assessor.  Those who qualify can have their property taxes lowered up to 50% (of the first $200,00 in property value).  Contact the El Paso County Assessor’s office for more information about this program at 719-520-6600.

3. Disabled Veteran Exemption Program – Homeowners who are honorably discharged veterans and occupy the property as their primary residence may qualify to have their property taxes lowered by 50% (of the first $200,000 in property value).  To find out if you qualify, please contact the El Paso County Assessor’s office for more information at 719-520-6600.

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

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2011 Real Estate Stats for Colorado Springs and El Paso County

There were a total of 8,459 single family home sales in El Paso County in 2011 compared to 8,185 in 2010. Take a look below to view the total sales for major areas in Colorado Springs and surrounding areas.

The Powers area of Colorado Springs had more home sales than any other area in Colorado Springs for the seventh year in a row. The Northeast area came in second with the Southeast and East areas following not too far behind.

Looking at all of El Paso County, Fountain Valley had the highest number of single family home sales (1,100) and surpassed the Powers area by 278 home sales.

2011 Yearly Home Sales - Colorado Springs

**Information gathered from the Pikes Peak MLS is deemed reliable but not guaranteed


 

Yearly Home Sales in Colorado Springs

As you can see in the graph below, there was a 3.3% increase (274 additional sales) in Single Family Home Sales in 2011 when compared to 2010. Compared to five years ago, sales were 15.4% lower in 2011. Although there were more single family home sales in 2011 when compared to 2010, both the average and median sales price are lower than the previous year.

Yearly Single Family Home Sales in Colorado Springs

**Information gathered from the Pikes Peak MLS is deemed reliable but not guaranteed


2011 Yearly Home Sales by Property Type in Colorado Springs

Total Single Family/Patio Homes: 8,459

Condos/Townhomes: 1,011

Income Properties: 143

Yearly Real Estate Property Sales in Colorado Springs

**Information gathered from the Pikes Peak MLS is deemed reliable but not guaranteed

Search for homes in Colorado Springs

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

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El Paso County Home Sales for December 2011

Home sales increased by .9% in El Paso County for the month of December when compared to November and sales were 19% higher when compared to December 2010.

There were 22 additional single family home sales in December 2011 when compared to December 2010. There were also an additional 1,042 single family homes for sale in December 2010.  Inventory levels continue to remain much lower than they were around this time last year in Colorado Springs.

Compared to the previous month of November, the average sales price ($210,688) decreased and the median sales price ($185,000) remained the same for a third month in a row. Last December, the average sales price was $232,939 and the median sales price was $198,500.

Single Family Home Sales in Colorado Springs

**Information gathered from the Pikes Peak MLS is deemed reliable but not guaranteed

 

Also Read: El Paso County Inventory Statistics for December 2011

Search for homes in Colorado Springs

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

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