Local Information (Page 3)

Forest Meadows Real Estate December 2021 did not break records last month, but the average price came in second place at $487,350 which is up 17.1% from last year. cords last month in terms of price. The median price is up 18.1% at $490,000! The median and average prices are creeping closer and closer to that $500k threshold. Many buyers are still paying about asking price as the average home sold for 1.8% over asking last month. Homes are still in high demand in Forest Meadows with an average of 9 days on market!  Home sales decreased 9.1% at 10 homes sold last month compared to 11 last year.Read More →

Home renovations can bring joy to our homes, and hopefully, add value for resale. However, it is important to remember that renovations can also get pretty costly, and you might not necessarily recoup all of your money when you go to sell your home. That’s why you should consider which renovations have the highest return on investment (ROI). Not to mention, which renovations are the most popular among buyers! You can also check out this Cost Vs. Value Report for the Colorado Springs, Mountain Region & National Average which goes into detail about the potential costs and value of major renovation projects. Below are the top major renovations withRead More →

Forest Meadows Real Estate November 2021 shattered records last month in terms of price. The average price increased 16.5% to $489,450. This is up over $12k from last month and nearly $70k from last November. The median price is up 14.5% at $490,000! This is an increase of $20,000 from last month! The median and average prices are creeping closer and closer to that $500k threshold. However, buyers are starting to pay closer to list price as the average home sold for 0.43% over asking last month compared to 7.3% back in May. Homes are still in high demand in Forest Meadows with an average of 6 daysRead More →

Check out these Christmas events in Colorado Springs coming up in December 2021! Whether you’re looking for Christmas lights, a holiday show, or a family event, there’s something for everyone in Colorado Springs and the surrounding area.  Christmas Underground Cave of the Winds Date: Friday and Saturday evenings December 3rd – 18th Cost: $20 per adult, $15 per child ages 4-12, and children ages 3 and under Free Explore Cave of the Winds, lit in holiday colors, on a 45-60 minute, guided, walk-through. Plus, you will hear traditional Christmas stories as well as join in on some fun caroling during the walkthrough. An ideal ChristmasRead More →

Forest Meadows Real Estate October 2021 shows the highest home appreciation in terms of average price we’ve ever seen! In fact, the average price set a new record– it is up 24.6% at $478,969 (over $94k from last October!). The median price is up 20.8% at $470,000! Not to mention, buyers paid almost 2.6% over asking price on average last month in this neighborhood! Homes are still in high demand in Forest Meadows with an average of 8 days on market!  Home sales were up 100% at 16 homes sold last month. Prices of closed sales range from $415,000 to $580,000, with the selling price at $174 per square foot. As ofRead More →

East of the Cheyenne Mountain, tucked away in the shadow of Pikes Peak is Colorado’s 2nd largest city, Colorado Springs – a home-rule municipality, economic hub, and major tourism destination attracting people (and business) from all over the country. If you’re an entrepreneur looking to start fresh or relocate, read on to discover some of the city’s key benefits. Affordability With 2% lower housing expenses and utility prices 26% below the national average, Colorado Springs offers its denizens an uncommonly affordable cost of living. This is a key reason why so many young workers have recently flocked to the city, looking for a more cost-efficient way ofRead More →

Forest Meadows Real Estate September 2021 show that home appreciation is still in the double digits. In fact, the median and average prices increased nearly 20% from last year! The median price is up 21.6% at $475,000 making it the second-highest we’ve ever seen! The average price is up 19.3% at $470,409 (over $76k from last September!). Not to mention, buyers paid almost 3% over asking price on average last month in this neighborhood! Homes are still in high demand in Forest Meadows with an average of 6 days on market!  Home sales were down 31.3% at 11 homes sold last month. Prices of closed sales range from $420,000 to $520,000,Read More →

Forest Meadows Real Estate August 2021 show that even though sales were down nearly 33% last month, home prices are still soaring in Forest Meadows and The Trails. We broke yet again another record for the average and median home prices! The average price rose 19.7% to $475,792 (up  over $78,000 in one year!). The median price hit $476,125 which is up 20.5% or over $81,000 in a year!  The average time on market last month was 12 days. Don’t be fooled though– demand is still high! Homes are still selling for about 2.4% over list price on average showing that people are willing to pay more to winRead More →

This is a more current list of available sites for COVID 19 Testing in Colorado Springs and the surrounding areas. For questions and more information, please visit the El Paso County Health Website. Community Testing Site Locations: Fountain: 6436 US Highway 85-87, Colorado Springs, CO 80817 (El Paso County Public Health South)Fountain pre-registration information. Monday – Sunday 8 a.m. – 6 p.m. Falcon/Peyton: The Falcon/Peyton testing site has moved to 12072 Royal County Down Road, Falcon, CO 80831 (Behind Falcon Fire Station 1)Falcon pre-registration information. Tuesday and Thursday 9 a.m. – 2 p.m. Chapel Hills Mall Testing Site: The Chapel Hills Mall location is in theRead More →

Forest Meadows Real Estate Stats July 2021 proves that the real estate market in Forest Meadows remains strong! As 16 homes sold last month plus 15 homes pending sale as of 8/5. Price appreciation remains in the double digits with a new record-breaking average price of $473,188 (up 18.3% from last year). We also had a new record median price of $467,250 which is up 17.6% from last year. On average, homes are selling for roughly 3.6% above asking price, indicating that demand for homes in our area has not dwindled. Homes continue to sell very fast in our neighborhood with an average time on market of only 4 days! Now isRead More →