🏡 Latest Home Sales and Market Insights for Colorado Springs

Local Real Estate Edition | #25-039 2/8/25

COS Town Tidings #25-039

Real Estate Roundup Edition

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

📢 ATTENTION REATORS! 🏠

🏡 New Home Construction on the Rise

📢 ATTENTION MORTGAGE BROKERS!

💰 Should You Refinance in 2025?

🏡 Home For Rent

COS Weather - Partly cloudy, breezy and cooler temps

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

 

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Real Estate Roundup

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

 

Black Forest

Properties recently sold ranging from $575K to $1.7M. Click to view Black Forest listings

Briargate

Properties recently sold ranging from $263K to $618K. Click to view Briargate listings

Broadmoor

Properties recently sold ranging from $399K to $1.3M. Click to view Broadmoor listings

Cimarron Hills

Properties recently sold ranging from $275K to $550K. Click to view Cimarron Hills listings

Banning Lewis Ranch

Properties recently sold ranging from $465K to $620K. Click to view Banning Lewis Ranch listings

Mountain Shadows

Properties recently sold ranging from $275K to $976K. Click to view Mountain Shadow listings

Old Colorado City

Properties recently sold ranging from $331K to $1.1M. Click to view Old Colorado City listings

Downtown Colorado Springs

Properties recently sold for $560K. Click to view Downtown Colorado Springs listings

Support Our Local Businesses!

 

For local residents, this is something you want to ask Brandy about with our dry, staticky weather...it's SHOCKING. 😉

 

Nature's Start Bread Company

Fresh Baked Sourdough breads, pastries 
📍3312 Austin Bluffs (Inside The Cupcake Doctor): M-Sat, 9am-6pm

 

Baskin Financial Planning

 

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📢 ATTENTION REALTORS! 🏠

Are you a local realtor (or know one) wanting to become one of our experts? Our subscribers want to hear from YOU directly! Or are you selling a home or property? We can also list open houses. Inquire for sponsorship details at [email protected] 

🏡 New Home Construction on the Rise

Colorado Springs Housing

Courtesy: Pikes Peak Regional Building Dept

The Pikes Peak region kicked off 2025 with a boost in home construction, as January saw a 17% increase in new home permits compared to last year. Of the 217 permits issued, the majority were for developments in Colorado Springs, with others spread across El Paso County and Monument. This rise in construction could bring more housing options to the market, offering some relief for buyers navigating a competitive landscape. *Source

 

📢 ATTENTION MORTGAGE BROKERS!

Are you a mortgage broker and want to become one of our experts? Inquire for sponsorship details at [email protected]

💰 Should You Refinance in 2025?

Mortgage Application

Mortgage rates were expected to dip to around 6% by the end of 2024, but they’ve remained high, hovering in the upper 6% range. Even with the Federal Reserve cutting rates, mortgage rates haven’t budged much, and experts predict any future declines will be gradual.

Those considering a home purchase or refinance should base their decision on their personal financial situation rather than waiting for the “perfect” rate, as significant drops may not come until mid-2025. The next Fed meeting could signal the direction rates are headed, but for now, uncertainty remains. *Read Source 

 

🙋‍♀️ Are you looking for a cozy rental through March? 

We personally know the owner of this fully furnished 4-bed, 2-bath Victorian home in Old Colorado City that could be a perfect short-term rental for you or someone you know. It's full of charm, within walking distance to 120 shops and restaurants, and includes a rare one-car garage. Interested? Click for details and inquiry quickly as time is a tickin…⏳

 

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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