Colorado Springs Real Estate – Downtown Colorado Springs Neighborhoods
Downtown Colorado Springs offers convenient access to all parts of Southern Colorado, as it sits just east of I-25. Several neighborhoods make up Downtown Colorado Springs. Downtown has always been a "hot spot" for both homeowners and investors. One popular neighborhood is the Old North End.
Boundaries (Partially defined by the Steele Elementary School boundaries):
North: Madison Avenue
South: Boulder Street
East: Royer Street and Patty Jewett Golf Course
The Old North End is centered around Colorado College and the Colorado Springs Fine Arts Center and is just a couple blocks from the center of Downtown Colorado Springs – the smalland humble, but well maintained and lively core of our city.
Most homes in the Old North End were built between the early and mid- 1900's. There is a nice selection of old Victorians, Craftsman styles and Tudors and 50's brick ranchers – among others. Because of the variety of homes, there are no cookie cutter market statistics, but here is an idea of what you will find in the Old North End. (Please note: This data also includes homes in the Wood Avenue Neighborhood which is the western part of the Old North End, but feature more large luxury built homes.)
Old North End homes range in total square feet from a little under 1,000 total sf to over 6,000 sf. The average home size floats between 2,500 and 3,000 total sf. Homes are usually 2-3 bedrooms, 1-3 bathrooms. However there are a few homes with 5 or more bedrooms. The average price per square foot is higher in downtown Colorado Springs than in other parts of the area, at $154.53 ppsf. Many other parts of Colorado Springs hovers closer to $100 – $120 ppsf. But, since Downtown Colorado Springs is a highly sought after part of town, the price per square feet is higher.
Homes in the Old North End are currently listed between $159,700 and top out at over $800,000, with an average asking price of $369,626. The average days on market is 70 days, with a couple homes sitting on the market for over a year. This is not the "norm" though.
Sold Homes: (Since January 1, 2007)
Homes sat on the market anywhere from 0 (zero) days to almost a year (258 days). The average days on market (DOM) was 93 days. The average sales price was $316,013 – with prices ranging from $149,200 to $895,000. The list price to sale price ratio was 98% – one of the best ratios of Colorado Springs.
Children in the Old North End are a part of Colorado Springs School District 11.
Elementary School: Steele Elementary School
Middle School: North Junior High
High School: Palmer High School