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Thursday, 27 June 2019
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This Old House - Do-it-Yourself

Cimarron Hills Market Update-May of 2018 through May of 2019

Written by Posted On Thursday, 13 June 2019 16:28
Cimarron Hills Colorado Springs Cimarron Hills Colorado Springs

Cimarron Hills is a large neighborhood located on the east side of Colorado Springs, Colorado. Cimarron Hills is situated in what is often called the “Powers Corridor” an area that is known for its wide range of amenities like shopping and restaurants. The neighborhood is located in the Colorado Springs School District #11 attendance area. Just west of Marksheffel Rd. and Hwy 24. South of Palmer Park Blvd, and east of Powers Blvd. The neighborhood is Just north of the Colorado Springs Airport and Peterson Air Force Base and the U.S. Northern Command. So it is very popular with members of the Air Force. The neighborhood is also 30 mins to Fort Carson and 20 minutes to Downtown COS. Homes in the Cimarron Hills neighborhood were built primarily in the early 1970s. Average home size is 1,700 square feet with a median sales price of $222,500.

Cimarron Hills has seen really strong gains since May of 2018. Here is a look at the real estate statistics for that period.

Cimarron Hills

Inventory can be difficult in the Cimarron Hills neighborhood, so we often look in several surrounding neighborhoods as well when working with home buyers looking for Colorado Springs Real Estate in that part of town.

Indigo Ranch is a newer neighborhood located in the Powers Corridor of the eastern edge of Colorado Springs, Colorado. This neighborhood is situated north of Stetson Hills Rd. East of the Stetson Hills open space and west of Marksheffel Rd. Indigo Ranch is in the Falcon School District #49 attendance area and close to The Colorado Springs Airport as well as Peterson Air Force Base. The average home in Indigo Ranch was built in 2015 and is 2,525 square feet in size while as of this writing the Median Sales price for Indigo Ranch is $336,500.

The Northcrest  Neighborhood is a small neighborhood located in the Powers corridor on the east side of Colorado Springs, Colorado. Northcrest is situated north of Palmer Park Blvd. South of North Carefree Circle, east of Powers Blvd. and West of Marksheffel Rd. Homes in the area on average were built in 1989 and average 2,026 in size with a Median Sales Price of $269,500 in of May 2019.

Ridgeview at Stetson Hills is a large neighborhood located on the east side of Colorado Springs, Colorado in the Powers Corridor. The neighborhood is situated east of Powers Blvd., West of Peterson Rd. North of Stetson Hills Blvd. and south of Dublin Blvd. 2003 is the average year built for homes in this neighborhood, while the average square footage of a home is 2,229 square feet. The median sales price as of May of 2019 is $309,500

Springs Ranch is a large Colorado Springs neighborhood located in the Powers corridor at the eastern edge of Colorado Springs, Colorado. This neighborhood is situated just south of Barnes Rd. North of Constitution Ave., East of North Powers Blvd. and west of Marksheffel Rd. Homes in the Springs Ranch subdivision were built primarily in the late 1990s and early 2000s. The average home age in this neighborhood is 1999. The average home size for Springs Ranch comes in at 2,417 and the median sales price as of May of 2019 is $295,000.

Stetson Hills is a large neighborhood located in the Powers Corridor of the eastern edge of Colorado Springs, Colorado. Stetson Hills was one of the first neighborhoods to be developed in the northern edge of the Powers Corridor. Development in this area began in the mid-1980s. While development was initially slow, as the economy improved in Colorado Springs became a popular relocation destination Stetson Hills began to Boom.

Stetson Hills is located east of Powers Boulevard and west of North Marksheffel Road. Stetson Hills Blvd. is the northern boundary and Barnes Road is at the southern border. The average home size in the Stetson Hills neighborhood is 2500 square feet. While the median sales price is currently at $305,000 as of May of 2019.

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Joe Boylan

I have been a Colorado Springs Realtor since 1997 and as a first-year agent, I received the Real Trends Magazine, "Rookie of the Year" Award. Since then I have participated in hundreds of real estate transactions. 

https://www.springshomes.com
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