Colorado Springs Neighborhood Home Values

The Gazette recently published a special report called "Neighborhoods" detailing Colorado Springs home prices in 2009. The Gazette 2010 Guide to Real Estate has an interactive map of Colorado Springs where you can find your specific neighborhood and find details on home sales. Or, if you are looking at moving within or to Colorado Springs to buy a home, you can look up specific neighborhoods to learn more about the homes sales in that area.

Each neighborhood listed in this guide has a profile, including the median price of homes that sold in a neighborhood, the average size of homes that sold and how values have changed from year to year. The guide also includes information about the of number of foreclosure sales in each neighborhood and how distressed properties affected prices.

According to the article, in 2009 in El Paso County there were 8,287 single family homes sold (over 2,000 were foreclosures). The median sales price of homes was $211,591 (excluding foreclosures). Also, the biggest increase in the median price of single family homes was in Eastern El Paso County at a 31% increase from 2008 to 2009.

Sources:

The El Paso County Assessor's Office; Gazette data analysis and research