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We specialize in neighborhoods that we know well, so that you get our depth of experience as well as little secrets that only insiders know. Wouldn’t you rather live in an area you already feel at home in?

Because the setting for your story is as important as the stage it is lived on, we can tell you what patterns of life might look like before you close.

A macro-trend that we have seen in the last five calendar years is that some neighborhoods are selling well; others are selling really well. Given the speed of modern life, and given the present reality of historically low interest rates, the importance of “home” has taken on a different flavor, culturally. While any home can be gutted and remodeled, the carpets changed, the kitchen over-improved, what cannot be remedied are… the neighbors. One of the many ways we are different is the deep-dive we take with data in order to show the economic composition of neighborhoods as well as the local flavors and preferences that characterize what it is to live in these areas.

All 14 Areas.001

 

As an added bonus: we provide an on-going service to almost-instant information on over 8-dozen neighborhoods in the Pikes Peak Region. This information is provided upon request to show the probability a home will sell in a calendar year, the average price, the most likely time-of-year for sale, the dollar per square foot highs and lows and when homes are most likely to show-up on the market. An example of this project can be found at the following table, which we composed at the start of the 2017 sales year. It’s dated information, but it shows the hyper-local data available uniquely to us that helps our clients make  durable and rational decisions worth making.

MLS AREANeighborhood2015 Probability2016 Probability2015 Closed2016 Closed2015 Day to Sell2016 Days to Sell2015 Avg Price2016 Avg Price% ChangeLow $/Sq FtHigh $/Sq Ft
BLACathedral Pines12%38%5899119$1,278,000$1,046,000-22.18%169205
BLASouthern Black Forest55%73%93130102117$444,000$461,0003.69%60244
BRICharleston Place83%93%24810968$321,000$318,600-0.75%92154
BRICordera52%70%102113173145$442,000$473,0006.55%96189
BRIFairfax78%90%135397763$259,000$289,00010.38%74181
BRIGatehouse66%92%55668286$289,000$326,00011.35%78122
BRIMeadow Ridge76%91%63866965$235,000$262,00010.31%83186
BRIPine Creek47%71%6697117114$468,000$496,0005.65%97179
BRISummerhill71%89%36428877$343,000$370,0007.30%77129
BRIWedgewood78%93%29146992$281,000$302,0006.95%84130
BRIWolf Ranch58%73%148169150120$386,000$400,0003.50%82151
CENBonnyville77%88%20306863$246,000$244,000-0.82%92275
CENDowntown60%83%81909288$214,000$234,0008.55%46279
CENEast End/ Divine Redeemer69%91%71838272$238,000$243,0002.06%59276
CENOld North End55%67%525612796$445,000$465,0004.30%65318
CENPatty Jewett83%97%33339885$271,000$293,0007.51%116276
EASAudobon79%81%54578770$192,000$206,0006.80%61205
EASCountry Club67%74%28239579$333,000$323,000-3.10%75183
EASOld Farm73%86%47488473$234,000$245,0004.49%85171
EASVillage Seven Homestead70%83%1952388077$210,000$221,0004.98%65198
F/VBarnstormers50%100%15168693$307,000$320,0004.06%76124
N/ECottonwood Park68%89%26255381$237,000$243,0002.47%72185
N/EErindale/Pulpit Rock70%84%48599278$263,000$300,00012.33%63162
N/EGarden Ranch75%91%63705960$202,000$234,00013.68%63183
N/EUniversity Park36%50%1416156102$480,000$541,00011.28%95191
N/ESunset Mesa66%58%1911119138$350,000$459,00023.75%83149
N/EVista Grande80%91%2272397263$202,000$221,0008.60%57174
N/EWagon Trails76%84%68737966$264,000$283,0006.71%81147
N/WComstock73%93%19267987$309,000$321,0003.74%85147
N/WDiscovery68%94%19159786$360,000$351,000-2.56%85141
N/WGolden Hills53%95%16199486$325,000$357,0008.96%93151
N/WMountain Shadows57%82%810121121$379,000$400,0005.25%60167
N/WOak Hills94%83%335094100$428,000$440,0002.73%75138
N/WOak Valley Ranch77%92%53577362$260,000$258,000-0.78%90190
N/WPeregrine49%72%4259132104$472,000$525,00010.10%84170
N/WPinecliff65%80%303712987$394,000$419,0005.97%86213
N/WPinon Valley87%95%48557456$266,000$282,0005.67%89205
N/WRaven Hills79%76%11138874$321,000$320,000-0.31%88191
N/WWoodstone95%100%201512848$313,000$337,0007.12%89206
NGTBison Ridge at Kettle Creek64%84%1636126109$399,000$444,00010.14%89144
NGTThe Farm7%53%1221203$565,000$519,000-8.86%114174
NGTFlying Horse54%65%1057715764$540,000$561,0003.74%107235
NGTGleneagle70%82%104929087$348,000$372,0006.45%70160
NGTNorth Fork at Briargate62%90%1635102138$414,000$413,000-0.24%60164
NGTStone Crossing39%74%2232146153$450,000$517,00012.96%83158
NGTTrailridge81%91%292112393$347,000$370,0006.22%84131
OCCCrown Hill Mesa65%96%22227487$327,000$318,000-2.83%94130
OCCGold Hill Mesa All73%83%6472163122$298,000$308,0003.25%96215
OCCGold Hill Mesa Houses Only67%74%3831200163$346,000$386,00010.36%91215
OCCOCC East64%79%446196107$176,000$222,00020.72%67230
OCCOCC Middle77%83%79728881$203,000$213,0004.69%74288
OCCOCC North92%93%221310093$211,000$213,0000.94%72206
OCCOCC West73%83%454466105$193,000$223,00013.45%103229
PWRIndigo Ranch67%80%12872114110$316,414$329,7004.03%89186
PWRRidgeview83%92%2162427264$230,000$249,0007.63%70208
PWRSprings Ranch North74%87%1231186867$247,000$267,0007.49%70191
PWRSprings Ranch South74%90%1251387262$233,000$249,0006.43%70173
PWRStetson Hills72%91%2152398170$231,000$250,0007.60%59201
S/EPark Hill85%82%75748560$141,000$168,00016.07%57173
S/EPikes Peak Park76%84%1512127869$143,000$164,00012.80%40188
S/ESoaring Eagles79%90%38549561$218,000$243,00010.29%77174
S/EEastborough & Southborough74%89%711237072$149,000$170,00012.35%72153
S/WBroadmoor Bluffs38%54%4545140152$532,000$536,0000.75%65182
S/WBroadmoor Proper22%45%1326211208$955,000$1,068,00010.58%98283
S/WBroadmoor Resort43%14%93219300$968,000$1,260,00023.17%142213
S/WCheyenne Canon50%94%1615130119$269,000$354,00024.01%114271
S/WCheyenne Meadows95%89%52838681$231,000$245,0005.71%78168
S/WIvywild64%83%364313369$210,000$219,0004.11%50212
S/WQuail Lake75%87%39599781$233,000$246,0005.28%44178
S/WSkyway56%70%7780127107$428,000$418,000-2.39%88198
S/WStratmoor68%91%253110791$208,000$211,0001.42%46182
S/WStratton Forest27%18%43239175$1,619,000$971,000-66.74%139180
TRIBent Tree/Higby58%56%2219100168$657,000$690,0004.78%102152
TRIFox Run54%94%1415125100$521,000$507,000-2.76%100149
TRIHigh Forest Ranch41%47%99154157$769,000$951,00019.14%129179
TRIJackson Creek72%84%11169485$366,000$387,0005.43%86161
TRIKing's Deer30%69%2234110171$663,000$657,000-0.91%99188
TRIPromontory Pointe58%83%2945179176$473,000$465,000-1.72%96172
TRIWoodmoor Central63%79%696712695$408,000$421,0003.09%68190
TRIWoodmoor South73%76%714114106$380,000$398,0004.52%63197
TRIWoodmoor North62%79%843126101$427,000$460,0007.17%62168
WESChelsea Glen57%93%12137274$270,000$282,0004.26%83188
WESHolland Park67%93%42407387$213,000$232,0008.19%60174
WESKissing Camels46%44%2218165163$780,000$668,000-16.77%103250
WESPleasant Valley85%95%22206966$259,000$284,0008.80%83221
WPKWoodland Park (in-town)62%73%68809691$225,000$251,00010.36%61234

Based on information from the Pikes Peak REALTOR Services Corp. (“RSC”), for the period January 1, 2011 through December 31, 2017.  RSC does not guarantee or is in any way responsible for its accuracy.  Data maintained by RSC may not reflect all real estate activity in the market.

Additional data for our Annual Report Series provided by Colorado Springs Home Builder’s AssociationPikes Peak Regional Building Dept., The GazetteThe Denver Postwww.FHFA.govwww.HUD.govwww.Zillow.comFannie MaeFreddie MacColorado Springs Business JournalMortgage Bankers Associationwww.Census.govwww.SpringsGov.comwww.ElPasoCo.comwww.cospringstrails.comwww.bea.govwww.city-data.comwww.corelogic.comwww.TheDeptofNumbers.comwww.TheBalance.comwww.CNN.comwww.BLS.gov., and The Colorado Springs Business Alliance.