Homes in Downtown Central Colorado Springs are in the Central Area in Colorado Springs
Zip Code 80903
The Colorado Springs downtown housing market continues to be a SELLERS Market, as there is less than 1 month of supply of homes on the market. A 6 month supply of houses on the market is considered a “NEUTRAL MARKET.
Single Family Homes in Downtown Colorado Springs were primarily built from 1890 to 1924, with an average age built in the 1910′s. The majority of the houses are ranches and 2 stories, 1-2 baths, with 2 – 4 bedrooms, 1-2 car detached garage, and they are on small lots with alleys in the back of them.
Here’s a quick summary of the 2011 Real Estate Market for Downtown Colorado Springs
- Pricing decreased by 4% from 2012 to 2011.
- Number of homes sold has continue to increase from 2012 to 2011
- Days on Market decreased by 55% from 20 to 2010.
- Price per FINISHED square feet has increased slightly in 2012.
Most Expensive Sale in area in 2012:
- Address: 822 N. Corona
- Price: $294,900
- Square Feet: 2488 ($119.00 per square foot)
Least Expensive Sale in the area in 2012
- Address: 323 E. Willamette
- Price: $117,000
- Square Feet: 1167 ($100.00 per square foot)
The area is located in Central Colorado Springs, South of Unitah, West of Hancock, East of Nevada, North of Pikes Peak
The school District is District 11; and the majority of students to go North Junior High and Palmer High School. The neighborhood is close to Memorial Park, Downtown Colorado Springs, Patty Jewett Golf Course, Colorado College, and Memorial Hospital.
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To find out more information about buying a home in Colorado Springs or Manitou Springs, call ….
Kathy (719-287-1049) KTorline@msn.com
