Thursday, October 6, 2022

Single Family Homes For Sale In Colorado Springs

Colorado Springs Is A Rental Market

Single family homes for sale in Bonita Springs Florida, popular gated community close to best beach

Many people know that the Air Force Academy is located in Colorado Springs. However, the student market in Colorado Springs is both larger and more diversified than the military student population. The University of Colorado Springs hosts over twelve thousand students. Colorado College, Colorado Technical College, Remington College, Colorado Christian University, and the University of the Rockies are also located here. This provides a large, diverse student market that rents properties across the Colorado Springs real estate market.

U.S. News and World Report magazine discusses the large retiree community in Colorado Springs. The areas abundant recreational opportunities and proximity to military services like commissaries and VA facilities explain why more than 10% of the population is retired many of them military veterans and their families. Peterson Air Force Base sits on the eastern edge of town.

For Airbnb’s attractability and business building, there are two huge military bases with Air Force, Naval Academy. Fort Carson, an Army base, is located within the city limits. The infamous Cheyenne Mountain is located just to the west of town. A side benefit of this diverse military market is that the Colorado Springs real estate market enjoys a large, permanent population of renters but without the wild swings that come with the rise and fall of a single military bases fortunes.

Colorado Springs Housing Market Trends

Analyzing real estate data on a month-to-month basis gives you a much broader perspective of the direction in which a market is moving. We shall now discuss some of the most recent housing trends in the Colorado Springs area. We shall mainly discuss median home prices, inventory, and growth, which will help you understand the way the local real estate market moves in this region. Colorado Springs is a minimally walkable city with a population of approximately 415,281 people.

There is a high demand but low inventory in the Colorado Springs real estate market. Housing prices in Colorado Springs are still increasing because of this effect of supply and demand. Even before the Coronavirus pandemic hit the nation, Colorado Springs was experiencing record sales each month, and its local economy was doing great. The real estate market was on the verge of breaking all the past sales records.

According to Neighborhoodscout.com, a real estate data provider, three and four-bedroom single-family detached homes are the most common housing units in Colorado Springs. Other types of housing that are prevalent in Colorado Springs include large apartment complexes, duplexes, rowhouses, and homes converted to apartments.

Here’s what housing data looked like in October 2021, which was released by the Colorado Association of REALTORSĀ®. The sales data is for Single Family Homes in El Paso County, CO.

The median sales price was $446,000, up 17% from last year.

Colorado Springs Co Single Family Homes For Sale

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  • Brokered byKeller Williams Premier RealtyNew – 7 hours ago
  • Brokered byColdwell Banker RealtyNew – 5 hours ago
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  • Brokered byPink Realty, Inc.New – 14 hours ago
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  • Brokered byPink Realty, Inc.New – 11 hours ago
  • Brokered byRe/Max Real Estate Group LlcNew – 23 mins ago
  • Brokered byERA Shields Real Estate – Broadmoor OfficeNew – 10 hours ago
  • Brokered byColdwell Banker RealtyNew – 11 hours ago
  • Brokered byKeller Williams PartnersNew – 13 hours ago
  • Brokered byEquity Colorado LlcNew – 4 hours ago
  • $199

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    Willshire Dr Colorado Springs Co 80906

    $310,000

    Listed By Elliot Bannister 00005072-Coldwell Banker Realty

    Amazing remodeled home. The entire home has been updated including new kitchen, bathroom, paint, flooring, new roof and so much more. Featuring 3 bedroom, 1 bathroom and an attached 1 car garage. Walking into the front door you have a great sized living area that opens up to the dining space and is completely remodeled with brand new white cabinets, stainless steel appliances and finished off with a beautiful subway tile backsplash. The entire home has new waterproof LVT including all 3 bedrooms. The bathroom has been completely updated with new tile, bath, and vanity. The laundry space is attached to the bathroom as well. The primary bedroom is very generous in size and has a cute walk-in closet. The yard is large and is ready for the new homeowner to put their loving touch on to make it their own.

    Listing Office 00005072-Coldwell Banker Realty, 550-2500

    MLS# 5370966

    4:22AM – 1/8/2022

    Listing Agent Elliot Bannister

    Colorado Real Estate Investment Opportunities

    755 El Pomar Road 632: a luxury Single Family Home for ...

    Maybe you have done a bit of real estate investing in Colorado but want to take things further and make it into more than a hobby on the side. The Colorado Springs real estate market contains several large populations of renters, many practical reasons for people to move here from the surrounding area and across the country, and long-term factors that will drive growth for years to come. Forget the Mile High City and invest in the Colorado Springs real estate market.

    Good cash flow from Colorado Springs investment properties means the investment is, needless to say, profitable. A bad cash flow, on the other hand, means you wont have money on hand to repay your debt. Therefore, finding a good Colorado Springs real estate investment opportunity would be key to your success.

    The three most important factors when buying real estate anywhere are location, location, and location. The location creates desirability. Desirability brings demand. There should be a natural and upcoming high demand for rental properties. Demand would raise the price of your Colorado Springs investment real estate and you should be able to flip it for a lump sum profit.

    The neighborhoods in Colorado Springs must be safe to live in and should have a low crime rate. The neighborhoods should be close to basic amenities, public services, schools, and shopping malls. As with any real estate purchase, act wisely. Evaluate the specifics of the Colorado Springs housing market at the time you intend to purchase.

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    Single Story Homes For Sale In Colorado Springs

    There are currently 225 single story homes for sale in Colorado Springs at a median listing price of $445K. Some of these homes are “Hot Homes,” meaning they’re likely to sell quickly. Most homes for sale in Colorado Springs stay on the market for 29 days and receive 2 offers. Popular neighborhoods include Briargate, Wolf Ranch, Broadmoor, Broadmoor, Northwest Colorado Springs, Kissing Camels, Banning Lewis Ranch, Old Colorado City, Fountain Valley, Downtown Colorado Springs, Northeast Colorado Springs, and Flying Horse Ranch. This map is refreshed with the newest listings in Colorado Springs every 15 minutes.

    New Homes For Sale In The Colorado Springs Area

    Colorado Springs is located just 70 miles south of Denver, with a population of nearly half a million making it the second largest city in the state. Known as the “Olympic City USA”, Colorado Springs hosts the U.S. Olympic & Paralympic Museum and the Colorado Springs Olympic & Paralympic Training Center. It’s easy to see that adventure surrounds you, with spectacular views of Pikes Peak and the Front Range setting the tone for an exciting outdoor lifestyle when you build your new construction home in Colorado Springs. Our communities offer quick access to the city via Powers Boulevard and I-25, so you can easily enjoy all the community parks, trail systems, and open spaces. With plenty of sun in the summer and snow in the winter, you’ll have endless opportunities to fall in love with the outdoors. Plus, Toll Brothers builds a full range of new construction homes in Colorado Springs and our communities benefit from resort style amenities, award-winning schools, and nearby restaurants and shopping, so you can find the right home for your lifestyle.

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    Neighborhoods & Communities In The Colorado Springs Area

    Colorado Springs is a growing area with plenty of neighborhood options suitable for every lifestyle. With amazing school districts, gorgeous views, and open spaces, north Colorado Springs is a fantastic option for every style of living. Briargate, a well-known residential area in northern Colorado Springs, is one of the most desirable neighborhoods because of its easy access to dining and shopping and a convenient location just a few minutes outside of all the activities downtown. With a focus on meeting the needs of today’s lifestyles, Toll Brothers takes a fresh and thoughtful approach to building new construction homes in the Colorado Springs area, as well as cultivating value and sustainability in the communities it helps to create.

    Colorado Springs’ Strong Job Growth & Demographics Momentum

    Single Family Home for Sale in Meridian Ranch Located At 10840 Klondike Dr, Peyton Colorado 80831

    The Colorado Springs area boasted an unemployment rate of around 3% in 2018, more than a full percentage point less than the national average. People move here for work and the lower cost of living compared to more expensive Front Range cities. Industry sectors hiring people include hospitality and professional and technical services. The latter category is driven by defense contractors in the area.

    Despite the very large population over the age of 65, Colorado Springs managed to have a median age of 34, several years below the national average. The tight labor market is drawing people to the area and keeping college graduates in the vicinity. This guarantees demographic momentum as young people stay here to buy homes and raise their own families, fueling demand for the Colorado Springs real estate market.

    Colorado prides itself on cultivating high-tech jobs like California without the over-crowding or insane housing prices. Yet this has made the Denver housing market unaffordable for many people who work there. One solution for many is living in Colorado Springs and commuting an hour or more each way to work. Another solution thats more readily available in Colorado than elsewhere is telecommuting.

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    Popular Communities In The Colorado Springs Area

    Get started on the path to your dream home. Discover our quick move-in option, and explore the ability to move into a new home faster than you think. Quick move-ins are already under construction with flexible options to personalize the final touches. Find quick move-in options in your area by selecting your ideal move-in date and adding your desired location then searching below.

    Get the Details

    Our Online Sales Consultants stand ready to assist you. Contact us to learn which homes qualify and other important details about this rare opportunity to own a new home at a great value. Complete the “Find Out More” form to schedule an appointment with one of our knowledgeable Sales Consultants to get details about the home, the area, pricing and more.

    Single Family Homes For Sale In Colorado Springs Co

    So you are looking for single family homes for sale in Colorado Springs, CO? Excellent choice! Realtor.comĀ® wants to make sure you can search single family homes with ease. That is why we have compiled a list of 850 single family homes that are currently for sale within Colorado Springs, CO residential boundaries, including open house listings. View each home individually and read the property details, which include the price, sales history, property tax, school information and much more. Get instant access to property photos so you can explore the home online. Many people choose to live near Colorado Springs, CO because of its good reputation as well as its proximity to several parks and recreational areas. In fact, there are schools, universities, school districts and lastly parks nearby. Our goal is to help you buy your dream home.

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    Parsonage Ln Colorado Springs Co 80951

    For sale

    • Saves16Great opportunity to own this spacious 5 bedroom home in the desirable Claremont Ranch community just minutes from Peterson and Schriever AFBs! Enjoy serene Pikes Peak views right from your own home! Inside, a light and bright open floor plan await. Enjoy both a formal living room at the front of the home and an open concept kitchen, dining nook, and family room thats ideal for everyday living. A cozy gas-burning fireplace provides great ambiance and makes the space toasty warm all winter long. The kitchen has a plethora of cabinets for all your kitchen essentials and a center island for easy meal prep. Sliding door off the kitchen to the private backyard with an expansive concrete patio to easily host family and friend BBQs. Upstairs, find four generous-sized bedrooms, including the primary with a 5-piece en-suite bath and large walk-in closet with organizer. Full finished basement adds additional living space with an expansive family room, versatile bonus room which would make a great office, and a large bedroom with nearby full bath that are great for guests privacy. New convenient King Soopers retail shopping center just minutes away, and quick access to hardware stores, restaurants, and several shops!Read more

    Ansel Dr Colorado Springs Co 80923

    Colorado Springs, CO Homes For Sale

    For sale

    • Saves10Beautiful home in Ridgeview at Stetson Hills! Just steps to the area walking trails, and featuring a large backyard, this home has vinyl siding and composite decking, so offers very minimal maintenance and great curb appeal! The home is very clean, well kept, and offers hardwood floors in beautiful condition. The Main Level features a formal Living Room, an open Kitchen with pantry and Dining Space with bay window and that sits open to the lower level Family Room. The Family Room walks out to an extended back patio, and features a tile gas fireplace. The Upper Level has 3 bedrooms, including a Master Suite with his and hers closets, and an attached full bathroom with double vanity sinks. The Basement level is newly finished and is ready for you to make the final choices for flooring and paint. Seller is including a credit so you can make it the home of your dreams. The home also offers Air Conditioning, a large two car garage and mature landscaping!Read more

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    Colorado Springs Real Estate Investment: Should You Invest

    Is Colorado Springs a Good Place For Real Estate Investment? Many real estate investors have asked themselves if buying a property in Colorado Springs is a good investment? You need to drill deeper into local trends if you want to know what the market holds for real estate investors and buyers in 2021. Lets talk a bit about the Colorado Springs area before we discuss what lies ahead for investors and homebuyers. The Colorado Springs real estate market gets overlooked in favor of bigger markets like Denver.

    However, Colorado Springs has several things in its favor for residents and real estate investors alike. Colorado Springs sits on the eastern side of the Rocky Mountains. Colorado Springs contains nearly half a million people. The Colorado Springs metropolitan area is home to around seven hundred thousand people. The Colorado Springs area is seeing continual, rather fast growth. Colorado Springs real estate has continued to appreciate faster than most of the markets in the US.

    Conditions in the Colorado Springs real estate market seem to be in a sustainable, upward direction and show no signs of slowing down. Inventory is low and prices are increasing at a steady pace. The local economy is strong and mortgage rates remain low. Colorado Springs’s real estate appreciation rate in the latest quarter was around 3.02%, which equates to an annual appreciation rate of 12.63%. You can either choose to invest in your future or market your home to potential buyers.

    The Landlord Friendly Market Compared To The Rest Of The West

    Colorado is almost as landlord-friendly as Arizona and Texas, but it is far more landlord-friendly than Nebraska, Kansas, or any West Coast state. Colorado allows you to quickly evict tenants who dont pay their rent. Once you give them a demand for compliance, they have 72 hours to either pay up or move out. If that 3 day period expires and you go to court, the courts typically side with the landlord. After that ruling, the tenants have 48 hours to leave, and then local law enforcement will enforce the eviction order. Another major point in its favor is that youre not required to get tenants a 24-hour notice before you visit the property.

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    Colorado Springs Real Estate Market Forecast 2021

    What are the Colorado Springs real estate market predictions for 2021 & 2022? Let us look at the price trends recorded by Zillow over the past few years. Colorado Springs has a track record of being one of the best long-term real estate investments in the U.S. Since Nov 2011, the typical home values in Colorado Springs have appreciated by around 128% . The home values have gone up 29% over the past year and are currently holding at $446,648. ZHVI reflects the typical value for homes in the 35th to 65th percentile range.

    Colorado Springs a sizzling sellers real estate market as there exists a limited supply of homes in Colorado Springs, and buyers are forced to compete often resulting in higher prices and/or quicker sales that tend to benefit sellers. In other words, based on the last months key housing market indicators, the demand is exceeding the supply, giving sellers an advantage over buyers in price negotiations. There are fewer homes for sale than there are active buyers in the marketplace.

    Here is the visual representation of historical Colorado Springs Metro home prices and the latest forecast until Oct 2022. The Colorado Springs MSA encompasses El Paso County and Teller County, Colorado.

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