Southwest Real Estate and Area Information
At the base of Cheyenne Mountain the southwestern area is home of Colorado Springs five diamond Broadmoor hotel. The area is close to the Fort Carson Army post, the Cheyenne Mountain Zoo, Seven Falls, and Cheyenne Canyon. The major neighborhoods in the southwest include Skyway, Stratton, and the prestigious luxury homes in the Broadmoor Resort Community. Elegant luxury estates with exceptional views can be found in this area. If you are looking for a custom home, golf course community, gated community, or a luxurious high end property with breathtaking views enhanced with an elegant lifestyle, the Broadmoor is for you and is highly sought after real estate in the Colorado Springs area. With an abundance of wildlife, aspen and pine trees, gorgeous views, outstanding schools, abundance of shopping, restaurants, entertainment, and elegant lifestyles, make the Broadmoor area and the entire southwestern area of Colorado Springs a true treat for just about any homeowner.
If you are interested in a new construction home, resale homes, land, or luxury homes in the Broadmoor area, Skyway, or Stratton please feel free to email me and I would be more than happy to assist you in any way possible.
Southwest Area Home Search and Market Information
Major Zip Codes- 80906
School Districts- Cheyenne Mountain School District #12, Colorado Springs School District #11, Harrison District #2
Ave Home Price – Approx. $550,000
Home Price Range – Approx. $100,000-$4.0 Million
Major Neighborhoods - Broadmoor resort community, Old Broadmoor, The Spires, Broadmoor Bluffs, Skyway, Stratton
You may find some useful information with our neighborhood community information tool. This is a great resource offering this communities characteristics, maps, aerial & "birds eye" views, nearby schools and school information and nearby attractions and amenities.
Southwest Neighborhoods Aerial Tours
Broadmoor Valley
Broadmoor Bluffs
Broadmoor Resort
Southwest 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.
Total Sales
The chart to the right shows the total number of home sales for the entire Southwest area year over year. This helps give a very basic feel for home sale activity trends in the broader Southwest area.
Total Southwest home Sales Year over year , COLORADO SPRINGS
Average Sales Price
The chart to the right shows the year over year average sales price for homes in the broader Southwest area. This shows the basic trend of home values for the entire Southwest area.
Average Home Sales Price for Southwest Area, COLORADO SPRINGS
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.
Average days on the Market before going under contract, SOUTHWEST, COLORADO SPRINGS
Neighborhoods in the Southwest Area
Laura's Southwest Area Blogs
Historically, the choice between renting or buying a home has been a tough decision.
Looking at the percentage of income needed to rent a median-priced home today (28.8%) vs. the percentage needed to buy a median-priced home (17.1%), the choice becomes obvious.
Every market is different. Before you renew your lease again, find out if you can put your housing costs to work by buying this year!