Local Information (Page 8)

December 2019 was a great month for real estate in Forest Meadows and The Trails! Although sales were down, the average and median home prices were up. The average time on market was 22 days, so less than 3 weeks! As of 1/2/2020, there are 8 pending homes for sale but none currently active. The median home price for December 2019 was up 18.05% at $360,000 (year over year). The average home price for December 2019 was up 15.15% at $365,479 (year over year). 167 homes were sold in Forest Meadows and The Trails during 2019. The biggest issue facing the real estate market inRead More →

There are a number of reasons that buying a home provides more advantages than renting. From gaining equity and wealth, to simply being in control of your living situation, buying a home can set your family up for success. Rising Rent Prices Did you know that here in Colorado Springs, the average rent has been increasing every year? According to one study, “Colorado Springs rents have increased by 3.3% year-over-year, well over the state average of 1.6%, as well as the national average of 1.4%.” (See source) This means that every time your lease renews, your rent is likely to increase and you are going toRead More →

November was another great month for home prices in Forest Meadows and The Trails! Check out some of the stats below: Average price up 10.4% at $360,503 Median price up 12.9% at $360,000 11 homes sold in November 2019 0 active for sale and 13 pending (as of 12/1/19) Selling price vs list price was 100.89%, indicating sellers are getting their asking price or even a little more! The biggest issue facing the Colorado Springs real estate market is the overall lack of inventory. If we narrow down the numbers to only those homes with a Colorado Springs mailing address, we only have 875 homesRead More →

Residents (and non residents) of Forest Meadows and The Trails who use the intersection of Black Forest Rd and Cowpoke Dr should be in for some relief soon. Two support posts have already been installed as part of a temporary traffic signal at the intersection. The signal should complete by the end of December, 2019. Traffic related to the opening of Grand Peak Academy, a public charter school authorized by D49, has added a new layer of volume and complexity to the already busy intersection, which is a main entry and exit point for residents of Forest Meadows and The Trails at Forest Meadows.  TrafficRead More →

The Garden Father and Gardener Scott are going to be holding some upcoming gardening classes in Colorado Springs sponsored by Rick’s Garden Center. SATURDAYS: JANUARY 18, FEBRUARY 15, AND MARCH 14 The classes will be held Saturday mornings at Horace Mann Middle School, 1001 E. Van Buren St., Colorado Springs. REGISTRATION FOR THE JANUARY CLASS WILL OPEN THE FIRST WEEK OF DECEMBER . SUBSCRIBE TO THE GARDEN FATHER EMAILS TO RECEIVE A REGISTRATION EMAIL. RESERVE YOUR SPOT BUT PAY AT THE DOOR. SPACE IS LIMITED TO THE FIRST 300 Cost of the classes are $10 each. Did you know we have our very own community garden? Check outRead More →

It was a good month for sales in Forest Meadows & The Trails! Home prices are up just slightly, but with an average of 19 days on market, sales in your area are still going strong! See below for additional details! Sales up 37.5% Average price up 0.35% at $348,348 Median price up 0.29% at $343,500 Average of 19 days on market 146 homes sold YTD in Forest Meadows & The Trails 2 homes for sale and 18 pending as of 11/1/2019Read More →

Students officially started school in the new building after a two week fall break. The new building, located off of Cowpoke Road in Forest Meadows, is a state-of-the-art 65,000 sq ft facility. Grand Peak Academy, formally a Classical Imagine school, has made some changes this year. They have broken ties with Imagine Schools and created a new charter school with many of the same classical principles. The new building features a full size gym, soccer field, separate cafeteria (the gym doubled as a cafeteria in the old building) and classrooms for each special (German, Music, Art, Technology, Gym). The enlarged area provides ample parking, moreRead More →

Special guest Aaron Hunt from Hunt Property Inspections joins us to discuss how to best prepare your home for winter. With the colder temperatures, it’s important to take certain precautions to protect one of your most valuable assets.Read More →

The average and median sold prices are up for Forest Meadows and The Trails! Average up 11.59% compared to last year at $360,320 Median up 9.20% compared to last year at $351,500 124 homes sold year-to-date 26 pending sales as of Oct 1 17 average days on market Range of sales $312,500-$436,900 10 homes sold in September 2019Read More →

Did you know…? Colorado is home to the tallest sand dunes in North America Colorado is the only state to turn down hosting the Olympics The 13th step at the State Capitol Building is exactly 1 mile above sea level The Eisenhower Tunnel is one of the highest altitude tunnels in the world Colfax Avenue in Denver is the longest continuous street in the US Pikes Peak Cog Railway is the highest railway in North America Colorado has the world’s largest flat top mountain, Grand Mesa The highest paved road in North America is Mount Evans Scenic Byway The Royal Gorge Bridge is the highest suspension bridge in the world Colorado’s southwest corner, aka the four corners, boarders Arizona,Read More →