Here is the annual Stetson Hills real estate market report for 2009.

Single Family Homes in Stetson Hills

  • Sold Stetson Hills Homes in 2009: 588 homes
  • Average List Price: $219,000
  • Average Sold Price: $216,000
  • Homes sold for about 98% of asking price.
  • Average Days on Market: 90 days (1-605 days)

Townhomes and Condos in Stetson Hills

  • Sold Stetson Hills Town Homes and Condos in 2009: 41 homes
  • Average List Price: $177,000
  • Average Sold Price: $172,000
  • Homes sold for about 97% of asking price.
  • Average Days on Market: 133 days (3-1,136 days)

Read Also:

Check out all the Wagner iTeam Featured
Homes for Sale in Colorado Springs

Stetson Hills Home SearchStetson Hills Home Search Over $200k

Thanks for reading our Stetson Hills Real Estate Blog!
Posted By: Mariana Wagner – Stetson Hills Real Estate Agent - Wagner iTeam
The Wagner iTeam is a power team of Keller Williams HOPE Realty,
specializing in Colorado Springs Real Estate and Monument Real Estate
719.434.7525

Stetson Hills Real Estate Market Report - Dublin Townhomes

Here is the Stetson Hills real estate market report for November 2009.

Single Family Homes in Stetson Hills

  • Sold Stetson Hills Homes in November 2009: 49 homes
  • Average Sold Price: $223,076
  • Median Sold Price: $205,000
  • Homes sold for about 99% of asking price.
  • Average Days on Market: 61 days (Just over 2 months)

Townhomes and Condos in Stetson Hills

  • Sold Stetson Hills Town Homes and Condos in November 2009: 3 homes
  • Average Sold Price: $156,633
  • Median Sold Price: $159,900
  • Homes sold for about 98% of asking price.
  • Average Days on Market: 212 days (49-488 days)

Read Also:

Check out all the Wagner iTeam Featured
Homes for Sale in Colorado Springs

Stetson Hills Home SearchStetson Hills Home Search Over $200k

Thanks for reading our Stetson Hills Real Estate Blog!
Posted By: Mariana Wagner – Stetson Hills Real Estate Agent - Wagner iTeam
The Wagner iTeam is a power team of Keller Williams HOPE Realty,
specializing in Colorado Springs Real Estate and Monument Real Estate
719.434.7525

Single Family Homes in Stetson Hills

  • Sold Stetson Hills Homes in October 2009: 44 homes
  • Average Sold Price: $220,691
  • Median Sold Price: $210,000
  • Homes sold for about 97% of asking price.
  • Average Days on Market: 65 days (Just over 2 months)

Out of the 44 Stetson Hills home sales in October, 11 (25%) were distressed (foreclosure, bank owned, short sale).

Townhomes and Condos in Stetson Hills

  • Sold Stetson Hills Town Homes and Condos in October 2009: 7 homes
  • Average Sold Price: $175,414
  • Median Sold Price: $139,933
  • Homes sold for about 98% of asking price.
  • Average Days on Market: 99 days (2 months)

1 out of the 7 Stetson Hills townhomes that sold in October (14%) was a distressed (foreclosure, bank owned, short sale).Read Also:

Check out all the Wagner iTeam Featured
Homes for Sale in Colorado Springs

Thanks for reading our Stetson Hills Real Estate Blog!
Posted By: Mariana Wagner – Stetson Hills Real Estate Agent - Wagner iTeam
The Wagner iTeam is a power team of Keller Williams HOPE Realty,
specializing in Colorado Springs Real Estate and Monument Real Estate
719.434.7525

As a licensed real estate agent in Stetson Hills and northern Colorado Springs, I ALWAYS recommend that potential home buyers and sellers interview several different agents before decideing who they will work with. This gives them the security of knowing that they made the right choice when working with an agent.
However, there some times when the line is fuzzy … Some times when a home buyer or seller may want to work with more than one agent. Here are some guidelines for figuring out when and HOW to work with more than one agent.

Home Sellers

In most cases, if you are looking to sell your home, you will interview several agents and then choose the agent who is a best fit for you and your needs. In most cases, you will sign “An Exclusive Right to Sell” and only work with ONE agent for the duration of the contract or until the home sells.
Read Also: The Difference Between Exclusive Right to Sell and Exclusive Agency [Colorado]

Home Buyers

Many first time home buyers (and several “seasoned” home buyers) will call on signs and advertisements and talk with MANY real estate agents until they find a home that they want to buy … and then just work with the listing agent to buy the home. Honestly, this is not a good idea, as the home buyer will NEVER get a “better deal” than if they had their own representation (Buyer Agent). Remember … the listing agent is only looking out for the best interest of the seller … not the buyer.
Sometimes, a home buyer understands this and decides to “work” with several different Buyer Agents to see who will find them the best deal. This is ALSO not a very good idea for a couple reasons …

  1. All Buyer Agents have the exact same access to the exact same homes for sale via the local MLS. No one has “special” knowledge or access to homes that others do not, so they all have the potential of finding the “best deal”.
  2. Buyer Agents only get paid when they successfully find a home for a home buyer … and it closes. All the up front work of finding the home is done without pay and in good faith that the home buyer that they are working with is using them to represent them. If a home buyer is not disclosing that they are potentially working with other agents, then the Buyer Agent does not have the ability to fairly weigh out the situation and determine whether or not they want to work with that home buyer.
  3. If a home buyer has signed a “Buyer Agency Agreement” with ONE agent, then they are breaching a contract to work with another agent. This can get ugly … and no one wants “ugly” …

Read Also:

However, there ARE some exceptions.

  1. If a home buyer wants to work with more than one agent (for whatever reason), the proper etiquette is to NOT sign a Buyer Agency Agreement and to notify each agent of this decision.
  2. If a home buyer is considering buying different types of property or different areas, they may consider hiring an “expert” for each area. Example: Sally and Sam don’t know if they want a downtown condo or horse property, so they hire a “ranch” expert to help them find horse property and a “condo” expert to help them find a condo. This is actually a GREAT idea, as it ensures the home buyers that they are getting the best possible representation in their home search and purchase.
  3. This is kind of an exception, but more of an FYI … Some people work with more than one agent because they don’t know if they are going to “like” being “married” to just one agent. In this case, a home buyer should consider just signing a week long Buyer Agency agreement - If after that week, the agent is not a good fit, then the home buyer can move on and find a new agent.

Realtors® are professionals and should be always looking out for a home buyer and seller’s best interests. Finding ONE agent to work with is generally going to be your best bet.

Thanks for reading our Stetson Hills Real Estate Blog!
Posted By: Mariana Wagner – Stetson Hills Real Estate Agent - Wagner iTeam
The Wagner iTeam is a power team of Keller Williams HOPE Realty,
specializing in Colorado Springs Real Estate and Monument Real Estate
719.434.7525

St Francis Stattue - Penrose Hospital

If you have been around the Stetson Hills neighborhood recently, you may have noticed the new 21′ tall steel St. Francis statue to the east of the new Penrose St. Francis Hospital. You can see it as you approach the hospital from Woodmen Road and from Templeton Gap/Tutt Blvd.

The Penrose St. Francis Hospital has several employment opportunities. So, if you are looking to live near the new Penrose St. Francis Hospital, the Stetson Hills neighborhood would be a perfect place to look for a home!

Read Also: Stetson Hills Real Estate Market Report for August 2009

Popular Stetson Hills Home Searches:

Thanks for reading our Stetson Hills Real Estate Blog!
Posted By: Mariana Wagner – Stetson Hills Real Estate Agent - Wagner iTeam
The Wagner iTeam is a power team of Keller Williams HOPE Realty,
specializing in Colorado Springs Real Estate and Monument Real Estate
719.434.7525

Here are the 4 most expensive Stetson Hills home sales in August 2009 - brought to you by the Stetson Hills Real Estate Connection.

1. 5959 Wild Bill Way - Indigo Ranch (New “Classic” Home)
5 Bedrooms 4 Bathrooms and 3,407 square feet
Sold for $369,134 with ZERO Seller Paid Concessions = Net $369,134
Originally Listed at: 381,454 and on the market for 33 days

MLS Remarks: “Popular two story in Indigo Ranch;stucco;5 bedrooms+ study;4 baths;3 car garage;gorgeous kithcen with STAINLESS STEEL appliances;upgraded cabinets;GRANITE countertops with TILE backsplash and island;HARDWOOD floors in entry,kitchen/nook;master bath includes double vanity,seperate soaking tub and shower with UPGRADES GALORE!GAS fireplace in living room; iron pickets stairs; FULL finished basement with 9 ft ceilings and wet bar! Front of home faces west,close to a park.


2. 5503 Wyatt Earp Way - Indigo Ranch
4 Bedrooms, 3 Bathrooms and 3,611 square feet
Sold for $324,000 with $5,000 in Seller Paid Concessions = Net $319,000
Originally listed at: $334,500 and on the market for 108 days

MLS Remarks: “Newer home in great neighborhood in Indigo Ranch. Open, bright, and spacious floor plan. Fantastic eat-in kitchen with all appliances included, tile countertops, breakfast bar, and opens to family room. Walk-out breakfast nook to wood deck and yard. Great home for someone looking for a well designed, low maintenance yard that will allow for more free time. Grand master suite with French doors leading into master bath with large, tile free-standing shower, double vanity, soaking tub, and large walk-in closet. Family room boasts built-in alcove perfect for a television, tall ceilings and double sided gas log fireplace that it shares with formal dining room. Walk-in from garage to a good sized mud/laundry room with newer built-in cabinets, mud sink, and washer & dryer included. Enormous great room in garden level basement. Plenty of room for office space, entertainment area, or exercise room. 52″ Hitachi digital TV included. Large bedrooms, lots of storage space, ceiling fans, central air conditioning, oversized water heater, humidifier, automatic sprinkler system, security system, and so much more. This is a great find.”


3. 6312 Sundance Kid Drive - Indigo Ranch (New “Classic” Home)
4 Bedrooms 3 Bathrooms and 3,263 square feet
Sold For $312,632 with ZERO Seller Paid Concessions = Net $312,632
Originally Listed at: $333,364 and on the market for 62 days

MLS Remarks: “Gorgeous stucco ranch that backs to the west, WALKOUT lot with covered deck, 4 bedrooms + study, 3 bath, 3 car garage, open kitchen with GRANITE counter tops and breakfast bar, MAPLE cabinets, BLACK appliances, HARDWOOD floors in kitchen and entry, SEPERATE soaking tub and double vanity in master bath, GAS fireplace, VAULTED ceilings,IRON pickets at stairs,FULL basement, A/C and much more….


4. 6931 Silverwind Circle - Greenhaven
4 Bedrooms 4 Bathrooms and 3,466 square feet
Sold for $310,000 with $7,400 in Seller Paid Concessions = Net $302,600
Originally Listed at: $330,000 and on the market for 13 days

MLS Remarks: “Excellent condition, soothing paint colors, Sussex cherry cabinets throughout, silestone countertops and tile backsplash in kitchen, ceramic tiled bathrooms, wired for future hot tub, outdoor fireplace in side courtyard, high-efficiency heater, large covered front porch, 8 foot garage door with opener and door to side courtyard, backs to 50 foot green space.

Read Also: Stetson Hills Real Estate Market Report for August 2009

Thanks for reading our Stetson Hills Real Estate Blog!
Posted By: Mariana Wagner – Stetson Hills Real Estate Agent - Wagner iTeam
The Wagner iTeam is a power team of Keller Williams HOPE Realty,
specializing in Colorado Springs Real Estate and Monument Real Estate
719.434.7525

Vista Ridge HS - Stetson Hills
[Vista Ridge High School - North Stetson Hills]

Here is the Stetson Hills real estate market report for the August 2009. The Stetson Hills real estate market consists of the neighborhoods of Ridgeview at Stetson Hills, Greenhaven and Indigo Ranch - East of Powers, West of Marksheffel, South of Woodmen and North of Barnes. Stetson Hills in located in Falcon School District 49 and close to both Peterson AFB and Schriever AFB and a straight shot to Fort Carson.

Single Family Homes in Stetson Hills

  • Sold Stetson Hills Homes in August 2009: 50 homes
  • Average Asking Price: $220,335
  • Average Sold Price: $217,046
  • Sold Price Range: $139,500 - $369,134
  • Average Days on Market: 54 days (LESS than 2 months!)

Townhomes and Condos in Stetson Hills

  • Sold Stetson Hills Town Homes and Condos in August 2009: 3 homes
    *An average of 3 Stetson Hills town homes sell each month.
  • Average Asking Price: $139,933
  • Average Sold Price: $139,933
  • Sold Price Range: $121,000 - $149,000
  • Average Days on Market: 60 days (2 months)

Read Also:

Check out all the Wagner iTeam Featured
Homes for Sale in Colorado Springs

Thanks for reading our Stetson Hills Real Estate Blog!
Posted By: Mariana Wagner – Stetson Hills Real Estate Agent - Wagner iTeam
The Wagner iTeam is a power team of Keller Williams HOPE Realty,
specializing in Colorado Springs Real Estate and Monument Real Estate
719.434.7525

Here is the Stetson Hills real estate market report for the 2nd quarter of 2009 (April - June). Stetson Hills consists of the neighborhoods of Ridgeview, Greenhaven and Indigo Ranch - East of Powers, West of Marksheffel, South of Woodmen and North of Barnes. Stetson Hills in located in Falcon School District 49.

Single Family Homes in Stetson Hills

  • Sold Stetson Hills Homes from April - June 2009: 179 homes
  • Average Asking Price: $216,690
  • Average Sold Price: $212,016
  • Sold Price Range: $130,000 - $413,000
  • Average Days on Market: 99 days (about 3 months)

Townhomes and Condos in Stetson Hills

  • Sold Stetson Hills Town Homes and Condos from April - June 2009: 9 homes
  • Average Asking Price: $149,719
  • Average Sold Price: $144,876
  • Sold Price Range: $120,000 - $175,000
  • Average Days on Market: 58 days (less than 2 months)

Check out all the Wagner iTeam Featured
Homes for Sale in Colorado Springs

Read Also: Homes in Stetson Hills are VERY Affordable According to the 2009 Housing Opportunity Index

Thanks for reading our Stetson Hills Real Estate Blog!
Posted By: Mariana Wagner – Stetson Hills Real Estate Agent - Wagner iTeam
The Wagner iTeam is a power team of Keller Williams HOPE Realty,
specializing in Colorado Springs Real Estate and Monument Real Estate

(719) 434-7525

According to the 2009 1st Quarter Housing Opportunity Index, housing affordability is at the highest level it has been in 18 years! (Colorado Springs Real Estate Journal, Vol. 1 No. 18 “Housing affordability surgers to highest level in 18 years”)

They based this off of home prices vs. the national median income of $64,000 a year.

Housing Opportunity Index

Basically, if you make $64,000 a year, you can afford a $250,000 home* (if you pay about $600 a month in car/credit card payments, get a fixed interest rate of about 5% and put about 20% down, with about $1,000 a year in homeowners insurance and $1,200 a year in property taxes). (Check Out the Bank Rate Calculator) *All home loans are subject to credit approval and you may qualify for more, less or nothing based on your unique situation. COntact a local, reputable bank or lender for more information.
Read Also: How Does Your Debt Compare?

How does the Stetson Hills Real Estate Market compare?

Out of the 204 currently available homes in the Stetson Hills area, there are currently 35 single family homes for sale in Stetson Hills between $225,000 and $250,000. The current median asking price for a Stetson Hills home is $229,000 and the average asking price is about $240,000 (MLS data for May 2009).

Homes in Stetson Hills are VERY affordable.

Search All Homes for Sale in Stetson Hills

Here is the Stetson Hills real estate market report for March 2009. Stetson Hills consists of the areas of Ridgeview, Greenhaven and Indigo Ranch - East of Powers, West of Marksheffel, South of Woodmen and North of Barnes.

Stetson Hills - Dublin Cross

Single Family Homes in Stetson Hills

  • Number of Available Homes: 177 Active and 92 Under Contract
  • Average Asking Price: $246,801
  • Active Price Range: $143,000 - $599,000
  • Number of Sold Homes: 28 homes
  • Average Sold Price: $144,500
  • Sold Price Range: $144,500 - $300,000
  • Average Days on Market: 148 days (almost 5 months)

Townhomes and Condos in Stetson Hills

  • Number of Available Homes: 16 Active and 6 Under Contract
  • Average Asking Price: $174,444
  • Active Price Range: $132,900 - $318,624
  • Homes Sold in March: 2 homes
  • Average Sold Price: $144,500
  • Sold Price Range: $125,000 - $140,000
  • Average Days on Market: 59 days (under 2 months)

Check out all the Wagner iTeam Featured
Homes for Sale in Colorado Springs

Thanks for reading our Stetson Hills Real Estate Blog!
Posted By: Mariana Wagner – Stetson Hills Real Estate Agent - Wagner iTeam
The Wagner iTeam is a power team of Keller Williams HOPE Realty,
specializing in Colorado Springs Real Estate and Monument Real Estate

(719) 434-7525

1 | 2 | 3 | 4 | 5 | 6