Northeast Colorado Springs Real Estate and Area Information
Located in the heart of Colorado Springs the Northeastern part of town is home of many neighborhoods where you will find both new homes as well as older homes. With convenient access to Academy Blvd and Powers Blvd, the area is centrally located and close to many shopping, entertainment, and dinning options that the Academy Blvd. corridor offers. The area is also home of the beautiful Pulpit Rock Park and northern section of Palmer Park presenting outstanding hiking, biking, and picnic opportunities with fantastic views of the city and the Front Range Mountains. Notable luxury homes can be found in the neighborhoods of University Park and St. Andrews. The NE area includes a wide range of homes from older more affordable homes to new luxury homes found in University Park and St. Andrews. Home sizes and lot sizes also vary widely with many areas offering large treed lots with views. University Park and St Andrews offer upscale living in luxury homes at the heart of the city. University Park is a 640 acre planned community with over 200 acres being dedicated to parks and trails. University Park gives new home owners the natural beauty of treed lots with some breathtaking views. St. Andrews is also centrally located providing new home owners with upscale living with a golf course community lifestyle. The more established neighborhood in the region include Falcon Estates, Yorkshire, Pulpit Rock, Vista Grande, Antelope Creek, Wagon Trail Ridge, Newport Heights, Columbine Estates, Canyon View and Sundown.
Northeast Area Home Search and Market Information
Major Zip Codes- 80918
School Districts- Colorado Springs School District #11, Academy District #20
Ave Home Price – Approx. $295,000
Home Price Range – Approx. $150,000-$1+ Million
Major Neighborhoods - University Park, St. Andrews, Wagon Trails, Vista Grande, Newport Heights, Sundown, Pulpit Rock, Sunset Mesa, Falcon Estates
For more detailed northeastern Colorado Springs information and statistics to include schools, demographics, and crime click on Community Reports and input Colorado and the zip code - 80918
Northeast Real Estate Market Trends
All real estate is local, and conditions for the Colorado Springs real estate market can change dramatically between individual areas, neighborhoods, and price points. Understanding the market dynamics involved in the broader real estate market, the individuals areas, the specific Colorado Springs neighborhood and specific home price point becomes critical when you end up putting an offer in on your next Colorado Springs home.
The chart to the right shows the total number of home sales for the entire Northeast area year over year. This helps give a very basic feel for home sale activity trends in the broader Northeast area.
Average Sales Price
The chart to the right shows the year over year average sales price for homes in the broader Northeast area. This shows the basic trend of home values for the entire Northeast area.
Average Days on Market before Selling
The chart to the right shows the average days a home was on the market before it went under contract. When for sale home inventory levels are high we are in a buyers market and the average days on market will be higher with downward pressure on prices. With lower inventory levels the ave days on market will be lower, a sellers market, with upward pressure on home prices.