We have just published the latest Colorado Springs Rental market numbers. August is usually a month when the rental market begings to cool down. For the past two years, August has been anything but cool. The Waldo Canyon and Black Forest fires were in July of 2012 and June of 2013 respectivly, as a result, much of the relocation business we would have seen inJune and July got pushed into the month of August.
This August, we are seeing a return to normal. Although, the total number of properties rented in August of 2014 has dropped nearly 24% from the previous 2 years it is on par with what we would consider to be a "Normal" August. Here are the numbers:
|Property Type||Number Leased||Avg Rent||Avg Sq. Ft.||Lease Price Per Sq. Ft.|
|1 Bedroom Condo/Townhome||3||$1,040||1,019||$1.02|
|2 Bedroom Condo/Townhome||55||$1,027||1,255||$0.82|
|3 Bedroom Condo/Townhome||30||$1,157||1,520||$0.76|
|1 Bedroom Single Family||7||$701||835||$0.84|
|2 Bedroom Single Family||19||$1,051||1,349||$0.78|
|3 Bedroom Single Family||143||$1,243||1,822||$0.68|
|4 Bedroom Single Family||108||$1,552||2,689||$0.58|
|5 or more Bedroom Single Family||49||$1,794||3,312||$0.54|
If you answered yes or even maybe, you'll want to know about the Carshow. This event takes place every first Saturday of the month starting in May and wrapping up in October. The gathering takes place at the First & Main Town Center in the Dick's Sporting Goods west parking lot off of Powers Blvd. and South Carefree.
Admission is free and you will see a wide range of every size, shape, color, and horse power showing up to strut their stuff.
This is a Show N' Shine so there are no trophies, but plenty of opportunity to talk shop.
We do regular market updates for areas around the Pikes Peak Region. This week we are taking a look at the Tri-Lakes Area. The Tri-Lakes Area is located in Monument, Colorado. This area is popular due to the areas natural beauty, abundence of recreational activities and its' proximity to both Colorado Springs and Denver.
Homes in the area are generally larger here as are lot sizes, oh and the prices are as well!
Here is a look at the statistics for the Monument, Colorado Real Estate Market since March 1st. of 2014:
|Averages For Monument, Colorado Real Estate|
|$125,000||Lowest Priced Sale|
|$1,230,000||Highest Priced Sale|
|$399,557||Average Sales Price|
|$366,000||Median Sales Price|
|3,597||Average Square Footage|
|4.14||Average Number of Bedrooms|
|3.47||Average Number of Baths|
|48,840||Average Lot Square Footage|
|$111.09||Average Price Per Square Foot|
If you have any questions about Monument Real Estate, Please give me a call: Joe 719-492-2577
The Briargate area is popular for a number of reasons. First is location or more importantly, convenience. Briargate is conveniently located in the northern part of Colorado Springs, Colorado. This neighborhood is close to the Air Force Academy, I-25, shopping and restaurants.
The other big draw for this area are Academy District #20 Schools. This district has earned a strong reputation and is popular both in the area and among relocating buyers.
The average sales price in the Briargate neighborhood is $301,711. This is significantly higher than the average for the area which is $267,109.
So, when we have an opportunity to list a home in the Briargate neighborhood for $135,000, we get excited.
Here is 7516 Camino Ct. Colorado Springs, CO. 80920 a spotless two-story townhome located in the heart of Briargate. This townhome has been completely updated and features three bedrooms, two bathrooms and just over 1,090 square feet with an attached one car garage.
The main level of this home features a large living room with a wood burning fireplace and opens to small dining area and kitchen. This level walks out to a small concrete patio.
The upper level features three large bedrooms and a full bath. Additionally, the master has a great view of pikes Peak and a built-in closet system.
Here is a short video about this great property:
William Shakespeare is often referred to as "The Bard of Avon" and as we approach his 450th. Birthday a group of Colorado Springs arts organizations have organized the first annual "Bardfest".
This festival takes place throughout the month of August with the brunt of the festival being a production of "As You Like It' preformed by UCCS's Theatreworks. For more information on this festival, please click here to visit their calendar of events.
Monument, Colorado is located a short drive from Colorado Springs. This rapidly growing community has a wide range of merchants, restaurants and shopping. Here is a video of Serranos Coffee a local Monument Coffee Shop that's well worth the drive.
The Jazz in the Garden Summer Concert Series is a "Downtown Colorado Springs" Summertime Staple. This series has been around since 2010 and gets more popular every Summer.
The series takes place at the "Grace and St. Stephens Episcopal Church" in their "Memorial Garden" on the corner of Tejon St. and Monument from May through August. In the event of bad weather, the concerts are moved indoors to the parish hall. Either way, it's a great way to hear some fine music and be downtown.
For More Information:
The final concert of the 2014 series will be August 29th. at 7:00 pm. This concert will feature Colorado Springs native Sean Hennessy.
The Fountain Creek Brass Band is performing at "Soda Springs" Park in Manitou Springs, Colorado.
The Fountain Creek Brass Band is a British Style Brass Band. The repertoire for this park concert will be a great mix of classical, jazz, marches and popular music.
The concert starts at 7:00 and takes place at the pavilion in Soda Springs Park.
Old Colorado City is one of the most historic areas in the entire Pikes Peak region. Started as a supply hub for the gold mines of Cripple Creek in the late 1850s this area retains much of its original charm.
A visit to this area is a must on every tourists agenda. Unfortunately, much of the historical significance gets lost in the shuffle of a visit to this hamlet.
Don't worry though, modern technology and the Old Colorado City Associates (merchant association) have come up with an app for that!
The "Old Colorado City, Walking Tour App" is available for download from the iTunes store. This app is:
"Your perfect companion for learning the rich history of Old Colorado City. This GPS-enabled app includes a tour having 14 points of interest, with each having interesting historical facts and photos - all provided by the Old Colorado City Historical Society, which was founded in 1976 by a group of citizens who recognized the historical significance and unique culture of Old Colorado City."
So, if you are planning a visit to Old Colorado City, this app should certainly make it even more interesting.
Craft Beer samplings (55 brewers), Over 4,000 beer fans, live music, vendors, games, food trucks and more...
This Saturday from Noon to 4 p.m.
America the Beautiful Park, 126 Cimino Drive.,
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