Colorado Springs Homes for Sale

Ask Colorado Springs real estate buyer agents, and they will tell you Colorado Springs homes are a great investment. Colorado Springs homes are still appreciating in value as they have been for 20 years. Even though there are more homes on the market today and there is still demand, prices continue to go up. Over the next three years, some experts predict that buyers may expect to have a five to six percent increase in their investment.

One factor in this appreciation is that Colorado Springs homes back up to the majestic Rocky Mountains. Beautiful, ever-present Pikes Peak rises dramatically. Colorado Springs is surrounded by parks and expansive openspaces. Homeowners here only have to go short distances to find rugged, gorgeous places to explore.

Finding Colorado Springs homes for sale won’t be very hard for the buyer since as of September, 2006, about 4,964 single-family homes were on the market. This number is up from 3,608 homes this time last year. The number of condos and town homes on the market is also up from last year.

While the available homes trend is upward, the prices of Colorado Springs homes are coming down, according to Michael Stasica, a buyer agent with the Colorado Exclusive Buyer Agents Association (CEBAA). In the last quarter from July to September the average sale of a single family home in the Colorado Springs area was $271,213.

All this is good news for buyers – Colorado Springs is a buyers’ market. There are a lot of choices of homes on the market so buyers can be more choosey and can more easily find a lower price. Sellers face a dilemma since they may no longer get their asking price as they did a couple years ago. Home sales are down 27.9 % from last year: 888 homes were sold as of September this year compared to 1,232 sales last year. Therefore, sellers must either wait longer for the right buyer to come along who wants to meet their price, or sell their homes for less than their asking prices.

What makes Colorado Springs homes for sale so attractive may be summed up in the July, 2006 edition of Money Magazine which hailed Colorado Springs as the best city to live in America for cities with populations of over 300,000. Money Magazine gave Colorado Springs high grades based on financial, housing, education, health, weather, leisure and quality of life issues in 59 major cities.

To discover the best Colorado Springs community for you and your family, feel free to interview the exclusive buyer agents in CEBAA who service this area. These agents work exclusively on your side and help you make the tough decisions in buying a new home. Buyer agents don’t list homes for sale; they specialize only in finding the best deals in homes for you, the buyer.

Buying a home near good schools is a key piece of the Colorado Springs real estate puzzle. Some people consider the best schools in the area are School District #12, the Cheyenne Mountain District, located in the south west part of Colorado Springs in “The Broadmoors”. This neighborhood is near the famous four-star Broadmoor Hotel. Other great school districts are the Academy School District #20 and the Lewis-Palmer District #38.

Some buyers are looking for homes for sale in Colorado Springs because they like sunny days. There are 300 days of sunshine in Colorado Springs. Temperatures in Colorado Springs average between 60 and 33 degrees in Spring (March-May), between 82 and 55 degrees in Summer (June-August), between 69 and 41 degrees in Fall (September-October) and between 45 and 19 degrees in Winter (November-February).

The military has a strong presence in Colorado Springs housing market with five military bases in and close by the city: Fort Carson Army Base, Peterson Air Force Base, Schriever Air Force Base, the Air Force Academy and North American Aerospace Defense Command (NORAD) - which provides aerospace warning and control for North America.

And that military presence will be growing in the next couple years. Some 20,000 new military personnel, mostly army, will be relocating to Colorado Springs by 2008. These military people will be coming in part from South Korea and Germany where American military is scaling down its numbers.

Colorado Springs homes for sale are a great value and that appreciation is expected to continue. Homes are plentiful and population will be growing. Throw in sunny days and comfortable weather, good schools and a beautiful natural environment and you have the makings for a great place to live. And best of all, prices are coming down to where more people can afford to live in Colorado Springs - clearly one of the best place to live in America.

Many people that look at Colorado Springs homes also consider the communities of Divide, Fountain, Manitou Springs, Monument, Palmer Lake, Peyton, Security, Widefeld, Woodland Park and Wood Moor for other, more rural, homes for sale.