COS Town Tidings #24-111

Real Estate Edition

🏡 Unlock the Colorado Springs Housing Market: Latest Home Sales and Market Insights - (Gmail will truncate, click to READ ONLINE)

• Black Forest

• Briargate

• Broadmoor

• Cimarron Hills

• Banning Lewis Ranch

• Mountain Shadows

• Old Colorado City

💸 Fed's Rate Pause Hints at Mortgage Relief

📆 Local Events 📅 DEALS
🌦 COS Weather - Trace precipitation, cooler temps

Today’s Real Estate Roundup is Sponsored by Your Neighborhood Realty!

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🏡 Unlock the Colorado Springs Housing Market: Latest Home Sales and Market Insights

*All listings are Single Family Residential unless noted otherwise.

Black Forest

Black Forest housing market is not very competitive. Median prices: $858K (-12.2%), $264/sqft (+8.9%). Average days to sell: 91 (~3% below list); hot properties: list price in 51 days. Jan '24-Mar '24: 46% searched to move out, top metros for moving in: Denver, Los Angeles, Washington.

Properties recently sold:

1. Apr 19, 2024: 7791 Bannockburn Trl, 80908; Sold $1,550,000 | 4 Beds | 4 Baths | 5,080 Sq Ft (Highland Park)

2. Apr 15, 2024: 19575 Box Oak Way, 80908; Sold $1,490,000 | 4 Beds | - Baths | 6,421 Sq Ft (Wissler Ranch)

3. Apr 12, 2024: 3550 Pitch Pl, 80908; Sold $625,000 | 4 Beds | 2.5 Baths | 2,497 Sq Ft (Walden III)

4. Apr 10, 2024: 12085 Sylvan Meadows Dr, 80908; Sold $1,699,000 | 5 Beds | 4 Baths | 5,025 Sq Ft (Sylvan Meadows)

5. Apr 8, 2024: 14947 Pleasant Valley Pt, 80908; Sold $950,000 | 3 Beds | 2.5 Baths | 3,484 Sq Ft (Black Forest Reserve)

Briargate

Briargate housing market is somewhat competitive. Median price: $499K (-1.1%), $211/sqft (+7.1%). Average days to sell: 38 (~1% below list); hot properties: ~1% above list in 15 days.

Properties recently sold:

1. Apr 19, 2024: 4014 Cherry Plum Dr, 80920; Sold $559,900 | 3 Beds | 2.5 Baths | 2,251 Sq Ft (Pine Creek)

2. Apr pril 18, 2024: 4981 Aggregate Pt, 80920; Sold $424,950 | 3 Beds | 2.5 Baths | 1,475 Sq Ft (Briargate Square-Townhouse)

3. Apr 16, 2024: 8464 Old Exchange Dr, 80920; Sold $570,500 | 3 Beds | 3 Baths | 3,379 Sq Ft (Charleston Place)

4. Apr 15, 2024: 3413 Verbena Cir, 80920; Sold $585,000 | 3 Beds | 3 Baths | 3,129 Sq Ft (Pine Creek Sub)

5. Apr 15, 2024: 7081 Gail Pl, 80920; Sold $725,000 | 4 Beds | 3 Baths | 1,857 Sq Ft (Columbine Estates) 

Broadmoor

Broadmoor housing market is not very competitive. Median price: $890K (+31.8%), $219/sqft (-13.1%). Average days to sell: 75 (~3% below list); hot properties: list price in 25 days.

Properties recently rented:

1. Apr 17, 2024: 3103 Springridge Dr, 80906; Sold $705,000 | 3 Beds | 4 Baths | 3,479 Sq Ft (Spring Run)

2. Apr 12, 2024: 42 Upland Rd, 80906; Sold $1,200,000 | 4 Beds | 3.5 Baths | 2,983 Sq Ft (Broadmoor Heights)

3. Apr 12, 2024: 230 Sierra Vista Dr, 80906; Sold $932,500 | 4 Beds | 3 Baths | 3,357 Sq Ft (Sierra Vista Estates Fil 2)

4. Apr 11, 2024: 5 Scott St, 80906; Sold $649,000 | 4 Beds | 2 Baths | 2,499 Sq Ft (Broadmoor Park)

5. Apr 8, 2024: 2116 Woodburn St, 80906; Sold $725,000 | 5 Beds | 3 Baths | 3,038 Sq Ft (Broadmoor Terrace)

Cimarron Hills

Cimarron Hills housing market is somewhat competitive. Median price: $451K (+25.3%), $196/sqft (-7.5%). Average days to sell: 36; hot properties: +1% list price in 7 days.

Properties recently sold:

1. Apr 19, 2024: 6399 Pawnee Cir, 80915; Sold $405,000 | 3 Beds | 2.5 Baths | 2,336 Sq Ft (Cimarron Westridge)

2. Apr 19, 2024: 2436 Purple Fountain Pt, 80915; Sold $404,950 | 3 Beds | 2.5 Baths | 1,438 Sq Ft (Urban Collection at Palmer Village-Townhouse)

3. Apr 17, 2024: 4448 Canteen Trl, 80922; Sold $545,000 | 4 Beds | 3 Baths | 3,160 Sq Ft (Whispering Springs)

4. Apr 16, 2024: 1930 Mineola St, 80915; Sold $405,000 | 4 Beds | 2 Baths | 1,809 Sq Ft (Cimarron Eastridge)

5. Apr 15, 2024: 4023 Wyedale Way, 80922; Sold $534,986 | 5 Beds | 3.5 Baths | 3,632 Sq Ft (Windermere)

6. Apr 15, 2024: 1526 Nokomis Dr, 80915; Sold $320,000 | 3 Beds | 2 Baths | 2,011 Sq Ft (Cimarron Hills)

7. Apr 15, 2024: 2375 Washo Cir, 80915; Sold $338,000 | 3 Beds | 2 Baths | 1,470 Sq Ft (Eastridge Townhomes)

8. Apr 13, 2024: 3702 Pronghorn Meadows Cir, 80922; Sold $510,000 | 5 Beds | 4 Baths | 2,588 Sq Ft (Pronghorn Meadows Sub Fil 1)

Banning Lewis Ranch

Banning Lewis Ranch housing market is somewhat competitive. Median price: $545K (+5.6%), $184/sqft (-3.7%). Average days to sell for list: 36; hot properties: +1% list price in 12 days.

Properties recently sold:

1. Apr 19, 2024: 6530 John Muir Trl, 80927; Sold $475,000 | 3 Beds | 2.5 Baths | 2,216 Sq Ft

2. Apr 18, 2024: 8208 Hollygrape Ln, 80927; Sold $585,000 | 5 Beds | 3 Baths | 2,994 Sq Ft

3. Apr 16, 2024: 8314 Longleaf Ln, 80927; Sold $450,000 | 3 Beds | 2.5 Baths | 1,877 Sq Ft

4. Apr 15, 2024: 9378 Valley Run Ct, 80927; Sold $735,000 | 4 Beds | 3.5 Baths | 4,462 Sq Ft

Mountain Shadows

Mountain Shadows housing market is somewhat competitive. Median price: $675K (-6.9%), $214/sqft (+3.9%). Average days to sell: 47 (~1% below list); hot properties: list price in 28 days.

Properties recently sold

1. Apr 12, 2024: 5732 Via Verona Vw, 80919; Sold $595,000 | 3 Beds | 3 Baths | 3,212 Sq Ft (Tuscany Villas-Townhouse)

2. Apr 12, 2024: 5020 Granby Cir, 80919; Sold $635,000 | 4 Beds | 3.5 Baths | 2,389 Sq Ft

3. Apr 12, 2024: 5755 Villa Lorenzo Dr, 80919; Sold $539,302 | 3 Beds | 2.5 Baths | 1,773 Sq Ft (Tuscan Foothills Village-Townhouse)

4. Apr 12, 2024: 6255 Savannah Way, 80919; Sold $660,000 | 4 Beds | 3.5 Baths | 3,890 Sq Ft

5. Apr 11, 2024: 2560 Rossmere St, 80919; Sold $795,000 | 4 Beds | 3.5 Baths | 3,520 Sq Ft

6. Apr 11, 2024: 2425 Courtney Dr, 80919; Sold $895,000 | 4 Beds | 3.5 Baths | 4,454 Sq Ft

Old Colorado City

Old Colorado City housing market is somewhat competitive. Median price: $494K (+25.7%), $277/sqft (+4.7%). Average days to sell: 44 (~2% below list); hot properties: list price in 19 days.

Properties recently sold

1. Apr 17, 2024: 16 N 13th St, 80904; Sold $505,000 | 4 Beds | 2 Baths | 2,042 Sq Ft (West Colorado Springs)

2. Apr 15, 2024: 5070 Lyda Ln, 80904; Sold $1,350,000 | 3 Beds | 2.5 Baths | 2,633 Sq Ft (Kissing Camels)

3. Apr 15, 2024: 2210 Friendship Cir, 80904; Sold $605,000 | 6 Beds | 4 Baths | 2,544 Sq Ft (Indian Heights-Multi-Family (2-4 Unit))

4. Apr 12, 2024: 2931 Mesa Rd Unit A, 80904; Sold $275,000 | 2 Beds | 2 Baths | 1,195 Sq Ft (Camelback Village-Condo/Co-op)

5. Apr 12, 2024: 227 N Walnut St, 80905; Sold $251,000 | 2 Beds | 1 Bath | 1,501 Sq Ft (Parrishs)

6. Apr 11, 2024: 14 N 33rd St, 80904; Sold $675,000 | 2 Beds | 2 Baths | 1,616 Sq Ft (Owen Love & Quinby)

7. Apr 10, 2024: 205 S 23rd St, 80904; Sold $275,000 | 1 Bed | 1 Bath | 817 Sq Ft (Colorado City)

8. Apr 8, 2024: 1042 Hill Cir, 80904; Sold $525,000 | 2 Beds | 2 Baths | 1,176 Sq Ft (Camels Ridge Kissing Camels-Townhouse)

9. Apr 8, 2024: 111 S 8th St, 80905; Sold $310,000 | 1 Bed | 1 Bath | 1,269 Sq Ft (West Bluff)

💸 Fed's Rate Pause Hints at Mortgage Relief

Mortgage rates are still high but expected to drop in 2024, pending Federal Reserve actions. The Federal Open Market Committee’s (FOMC) recent decision to maintain rates indicates potential relief for home buyers and refinancers, but exact timing remains uncertain. The next FOMC meeting is scheduled for April 30 to May 1. *Read Source

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📆 Local Events

• Apr 20-21 (ONLY4 SPOTS LEFT), 1-4 PM: 3-Hour Original Colorado Springs Food Tour @1 Tejon St $69-$87

• Apr 20-21: Agatha Christie’s MURDER ON THE ORIENT EXPRESS @Pikes Peak State College, 22 N Sierra Madre $10

• Apr 20 (10 AM-7 PM), 21 (10 AM-6 PM): Body Mind Spirit Celebration @Colorado Springs Event Center, 3960 Palmer Park Blvd $10/3 Day Pass

• Apr 20, 3:30 PM: 2.5-Hour Cocktails & Canapés Walking Tour @1 N Tejon St. $79 per person Must be 21+

• Apr 20, 9 AM: Birding Events with Local Author Joe LaFleur @Wild Birds Unlimited, 2450 Montebello Square Dr FREE

• Apr 20-21, 9 AM-4 PM: Cat Show @ Doherty High School, 4515 Barnes Rd $12 (Discounts for Seniors, Military, Kids)

• Apr 20-21, 10 AM-2 PM: Gently Used Outdoor Gear Collection @ CPW SE Regional Office Parking Lot at 4255 Sinton Rd

• Apr 20, 10 AM-3 PM: Terrarium Make and Take @2780 Steel Dr $25 (Spots Still Open)

• Apr 20th, 10 AM-3 PM: Annual Pikes Peak Herb Fest @Westside Community Center, 1628 W Bijou St FREE

• Apr 20, 10 AM-Noon: Mapping Our Place; sensory hike @Fountain Creek Nature Center Registration required $5 or $4 member

• Apr 21, 10 AM-2 PM (every Sun): Backyard Market at Park Union @108 W Cimarron St FREE

• Apr 21, 5-7 PM: ENCORE! | Sing & Paint Night | Lover @Painting With A Twist, Powers Blvd $39-$49

• Apr 22, 2:30-4 PM: Hanover Community Outreach Event @Hanover Community Church FREE

• Apr 22, 3:30-4:30 PM (Every Mon): Beginning & Intermediate Yoga @Rockrimmon Library, 832 Village Center Dr FREE

• Apr 24, 7 PM: CS Children's Chorale - In Harmony Festival @ Pikes Peak Center $19-$29

• Apr 30, 5:30-8 PM: Sourdough Baking Workshop @ 5 Star Food Stop, 4621 Austin Bluffs $65 (12 Spots Left)

• May 2-June 2: RENT, the musical @Fine Arts Center, 30 W. Dale St. $26-$60

• May 4, 11 AM-1 PM: Hope Blooms: A Mother's Day Celebration with Partners in Housing @The Peel House, 1515 N Cascade $35 (Seating limited; ticket sales end Apr 26)

• May 6, 7-8:30 PM: USAF ACADEMY BAND'S ARMED FORCES DAY @Pikes Peak Center FREE (Reserve you ticket)

• May 19, 3 PM: Pikes Peak Philharmonic @ENT Center for the Arts at UCCS $20

🛍 Discounts, Specials & More

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• Songbird Orchids, 2204 W Colorado Ave, (719) 475-1700, Open M-F 9:30 AM-5 PM, Sat 10 AM-5 PM

  1. Mother's Day Orchids: Pre-order in store or by phone before April 30 for 15% off delivery on or after May 6

  2. Mother's Day Gift Baskets: 15% off until April 30th. Order "Mother’s Day Gift Basket" online or contact us directly for the discount.

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The latest Real Estate Roundup issue, focusing on the dynamic and ever-evolving Colorado Springs housing market. Our team has compiled* essential market insights to help you stay ahead in your real estate endeavors. _{*Data source: Redfin}

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