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Home Prices in Flying Horse for April 2014

by Alan Daniels

Home Prices in Flying Horse Colorado Springs for April 2014

Real estate market data for Flying Horse Colorado Springs provided by Alan Daniels of The Daniels Team at RE/MAX Advantage.

Flying Horse Home Prices

 

We have seen a steady increase on home prices in Flying Horse over the last 12 months and don’t expect things to slow down anytime soon with resale homes and new construction options.  The median sales price is up 3.58 percent in Flying Horse from this time last year.  If you are considering buying a home you can still find deals on a house in Flying Horse but having a good Real Estate Agent who understands the market is a must. Don’t wait on the sidelines for too long, many of our listings are selling within a few days of hitting the market. As you can see from the graph below, listings are not selling exactly for asking price. To make sure you don't overpay for your home, you'll want to have an agent that does a thorough market analysis of the Flying Horse home on which you are making an offer.

If you are interested in how much current inventory is on the market in Flying Horse you can find that information by clicking on the link. High inventory will suggest that homes are sitting on the market for longer. Currently in Flying Horse, homes have a median time of 115 days on the market before they sell which is down 6 days from this time last year. This would suggest that buyers are in a decent position to make an aggressive offer on a home. Sellers should make sure to price their home near the market value if they expect to get an offer from one of those interested buyers. Low inventory in Flying Horse has multiple offers coming in on homes. I wouldn't expect home prices to run up quite as fast as they did back then as banks have gotten a lot stricter on lending guidelines and are no longer giving a loan to anyone with a pulse. But low inventory is one indicator that prices should continue to rise.

 

Flying Horse Real Estate Report Summary

Free Colorado Springs Coummity Reports

  • The median list price in April for all single family homes in Flying Horse is $547,000. The list prices increased by 1.48% from the previous month.
  • The price per square foot for listings in this area is $137.00.
  • The median sale price in April for single family homes is $475,194. The sale prices dropped by -34.15% from the previous month.
  • The price per square foot for sales in this area is $136.96.

 

 

 

 

Find Homes for Sale in Flying Horse Colorado Springs

Visit my website to search for homes in Flying Horse or to be notified when Flying Horse homes come on the market.

To find out what your home is worth in the current market Click Here or call 719-357-8550.

 

Home Prices in Colorado Springs, CO for April 2014

by Alan Daniels

Home Prices in Colorado Springs, CO

Real estate market data for Colorado Springs, CO provided by Alan Daniels of The Daniels Team at RE/MAX Advantage.

Colorado Springs Home Prices

 

We have seen a steady increase on home prices in Colorado Springs over the last 12 months and don’t expect things to slow down anytime soon. If you are considering buying a home you can still find deals on a house in Colorado Springs but having a good Real Estate Agent who understands the market is a must. Don’t wait on the sidelines for too long, many of our listings are selling within a few days of hitting the market. As you can see from the graph below, listings are not selling exactly for asking price. To make sure you don't overpay for your home, you'll want to have an agent that does a thorough market analysis of the Colorado Springs home on which you are making an offer.

If you are interested in how much current inventory is on the market in Colorado Springs you can find that information by clicking on the link. High inventory will suggest that homes are sitting on the market for longer. Currently in Colorado Springs, homes have a median time of 85 days on the market before they sell. This would suggest that buyers are in a decent position to make an aggressive offer on a home. Sellers should make sure to price their home near the market value if they expect to get an offer from one of those interested buyers. Low inventory in Colorado Springs has multiple offers coming in on homes. I wouldn't expect home prices to run up quite as fast as they did back then as banks have gotten a lot stricter on lending guidelines and are no longer giving a loan to anyone with a pulse. But low inventory is one indicator that prices should continue to rise.

 

Colorado Springs Real Estate Report Summary

Free Colorado Springs Coummity Reports

  • The median list price in April for all single family homes in Colorado Springs is $250,958. The list prices increased by 2.43% from the previous month.
  • The price per square foot for listings in this area is $135.
  • The median sale price in April for single family homes is $210,000. The sale prices increased by +1.01% from the previous month.
  • The price per square foot for sales in this area is $114.25.

 

 

 

Find Homes for Sale in Colorado Springs CO

Visit my website to search for homes in Colorado Springs or to be notified when Colorado Springs Homes come on the market.

To find out what your home is worth in the current market Click Here or call 719-357-8550.

 

Top 5 Mistakes Sellers Make When Choosing A Realtor

by Alan Daniels

Colorado Springs Real Estate Agents

  • Choosing an Agent Without Checking Their Online Reviews - Be sure to double check your Realtor's reviews and reputation online. It’s a horrible feeling when you check after you hire someone and find that they have horrible reviews online.  Check with BBB, Google Places, Yelp and more or just Google their name along with the word “reviews.”
  • Hiring a Friend or Family Member - I can’t tell you how many listing appointments I have been to where the client said they had a bad experience with a friend or family member. Definitely not worth jeopardizing a relationship. Don’t hire an agent based on your relationship. Hire them based on their qualifications and interview them just as you would anyone else.
  • Choosing The Only Agent That Agrees With Your Pricing - Be aware that some Agents will tell you the price you want to hear just to get the listing. I advise that you listen to what their marketing plan is along with their listing plan before discussing pricing. Choose the best Realtor, not the Agent with the best sounding list price.
  • Choosing a Part Time Agent - Some Agents work in real estate part time and typically have a different day job or other obligation that takes them away from actively marketing your home or coordinating the contract process. It is imperative that you ask any Realtor you are considering if they are a full time Real Estate Agent as most people just assume.
  • Choosing A Solo Agent - A Solo Agent has a ton of responsibility on their shoulders which can effect their availability and communication. A Team is definitely the way to go as responsibilities are divided up efficiently among team members. You can’t loose having multiple Realtors available for you along with their support staff.

Find out more about our Team By Clicking Here.

17485 Chipped Arrow Way - Woodmoor Featured Listing

by Alan Daniels

Woodmoor Homes For Sale in Monument.

Must see home tucked into a beautiful corner lot in the Woodmoor Nugget area surrounded by ponderosa pines and loaded with mountain views of the front range. Plenty of outdoor living space to enjoy with huge decks off the front and back of the home. Circular driveway leads into an impressive entrance. Home has plenty of room on the inside with a living room, family room, formal dining, breakfast nook, rec room and more. Upgraded kitchen with granite counters, lighting and gorgeous archway leading to breakfast nook area. Huge Master Retreat with walk-in closet, walkout to deck with views, private bath and more. 2 fireplaces, rustic wet bar, oversized garage with utility sink, new light fixtures, new carpet in basement, and much more.

Wolf Ranch Real Estate Stats for 2013

by Alan Daniels

Wolf Ranch Homes For Sale | Home ValuesA few people have asked me about the market stats in Wolf Ranch, so I thought it would be helpful to share with the rest of our readers. Here are the stats broken into single family and townhomes for 2013.

Wolf Ranch Homes (Single Family):

  • 103 Single Family Homes were listed for an average of $364,898 while they sold for an average of $363,322 with many of them paying seller concessions.
  • Average Days on Market was 111.
  • Average Sold Price Per SF was $103.654.
  • Single Family CMA Report (Click Link to Reference)

Wolf Ranch Townhomes:

  • 8 Townhomes Sold and were listed for an average of $204,590 while they sold for an average of $201,988 with many of them paying seller concessions.
  • Average Days on Market was 58.
  • Average Sold Price per SF was $144.316.
  • Townhome CMA Report (Click Link to Reference)

The local market continues to improve which should provide favorable stats in 2014.  Visit www.COHomeValueReport.com for a Market Snapshot that better matches your particular property and neighborhood.

Please Note: Stats were taken from the Local MLS and do not reflect every sale in the market.

Colorado Springs Ranked Top 10 Mountain Biking Cities

by Alan Daniels

Colorado Springs Mountain Biking Trails | Singletrack

Colorado Springs has been ranked within the top 10 cities for mountain biking in North America by singletracks.com based on the quality, quantity and variety of singletrack trails here.  They mention some of my favorite trails within the article that are definitely worth checking out.  They limited the cities to the top 100 metropolitan statistical areas to account for cities that can be lived in for a number of other great reasons.  Here is the top 10 in order.

  1. Los Angeles, California
  2. Boston, Massachusetts
  3. Phoenix, Arizona
  4. Vancouver, British Columbia
  5. San Jose, California
  6. Salt Lake City, Utah
  7. Albuquerque, New Mexico
  8. Colorado Springs, CO
  9. Augusta, Georgia / South Carolina
  10. Chattanooga, Tennessee

See All New Listings and Price Reductions!

by Alan Daniels

Check out these new resources!

Newest Listings on Market - Stay on top of the newest listings on market to find your dream home before someone else does.  There are currently over 4,000 listings in our local MLS so this is a great way to see what is new and has the most potential compared to stale listings that have been on market since you graduated from High School.

Price Reduced Search -  Want to get a jump on the latest price reductions on market?  This is a great way to track the latest price reductions on market.  Another great way to view the freshest listings on market while other buyers are stuck trying to weed through over 4,000 listings.  Another reason why we have one of the Top Home Searches in the Pikes Peak Region.

Newest Colorado Springs Homes For Sale

Search Homes For Sale By Neighborhood

by Alan Daniels

We have a number of clients that know the exact subdivision or neighborhood they want to move to and they have really found our subdivision home search helpful.  With over 4,000 homes currently on market in our local MLS this is a huge time saver.  Just visit our home search to search by subdivision or neighborhood in Colorado Springs and surrounding cities.

Search Colorado Springs Homes by Neighborhood or Subdivision

Mortgage Rates Update - Increase 2nd Straight Week

by Alan Daniels

Colorado Springs Mortgage Interest RatesMany forecasts indicate a steady mortgage rate increase through the end of the year and rates have been on the move up for the second straight week.

Rates on 30-year fixed-rate mortgages averaged 4.33 percent with an average point of 0.7 for the week ending Feb. 20,  which is up from 4.28 percent last week and 3.56 percent a year ago, according to Freddie Mac.

Rates are still at historic lows but are forecasted to increase steadily moving forward which will effect your buying power on the amount of home you can afford.  Now may be the right time to make a move on selling your home and buying another to lock in the interest rate. 

Renting a home currently?  Rents have been on the rise and are likely to continue increasing.  Especially if interest rates go up.  You will be surprised how much home you can afford now for the rent you are paying.

No matter where you are in the planning stages we highly recommend discussing your plans further to help you make the best decision for you and your family.  Feel free to contact us anytime to put a plan together based on your unique situation.Colorado Springs Real Estate Planning

Here are some helpful resources to help with the planning stage:

  • Instant Home Value Analysis - Click here for an Instant Analysis on your home value to give you an idea of what you have to work with.
  • CMA (Comparative Market Analysis) - Click here for a more in depth Analysis that we will complete for you personally.  This is much more accurate analysis.
  • View Every Home On Market - Click here to see over 4,000 homes currently on market.  This resource is great to utilize to see what is available in your price range.

Does Staging Work to Sell Your Home?

by Alan Daniels

Top Colorado Springs RealtorsWe've taken a very close look at the benefits of home staging and have found that using the services of a Colorado Springs Staging Expert provides a huge leg up in the competition.  There has been growing competition in the Colorado Springs Real Estate market so it is definitely worth taking a look at.  I believe in the power of staging from seeing it in some of our listings, but here are some of the key stats to back it up.

  • ASP (Association of Home Staging Professionals) - 95% of ASP staged homes sell on average in a 11 days or less for 17% more.
  • 2013 Homegain Survey - Average ROI (Return on Investment) for staging is 4,590%.  This stat definitely is worth looking at.  Who wouldn't want that kind of return on their dollar?

Contact us to discuss the benefits of staging your particualar home if you are in the market to sell your home.

Displaying blog entries 1-10 of 121

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