Exploring the Real Estate Market in Manitou Springs, CO

The real estate market in Manitou Springs, CO is currently in a balanced state, with an ample supply of homes available for purchase. The median listing home price stands at $699.5K, with a price per square foot of $385. Homes are selling at a median price of $625K, and the sale-to-list price ratio is 100%. The average days on market is 59, indicating a slight increase from the previous month and year. This article will delve into the various aspects of the real estate market in Manitou Springs, CO, including housing market overview, top schools, amenities, and available homes for sale.

Real Estate Highlights

The median listing home price in Manitou Springs, CO is $699.5K, with a median listing home price per square foot of $385. These figures provide valuable insights into the real estate market in Manitou Springs. Analyzing the median home prices can help potential buyers and sellers make informed decisions. It is important to note that the year-over-year median listing home price has remained flat, indicating a stable market. Additionally, the market seems to be balanced between buyers and sellers, with the supply of homes exceeding the demand. However, it is worth mentioning that the median days on the market have increased since last month, suggesting a slight slowing down in the pace of home sales. Keeping track of these market trends is crucial for anyone interested in the real estate market in Manitou Springs.

Housing Market Overview

The housing market in Manitou Springs, CO is currently experiencing a balanced buyer-seller market with a greater supply of homes than demand. Market trends and forecasts indicate that the median listing home price in Manitou Springs is $699.5K, with a median listing home price per square foot of $385. The median home sold price is $625K, with a sale-to-list price ratio of 100%. The average days on market is 59, which is slightly higher than last month. The impact of COVID-19 on the housing market in Manitou Springs is evident in the flat year-over-year median listing home price. However, the market remains balanced, indicating that there is still demand for homes in the area. As the market continues to evolve, it will be important to monitor any changes and adapt accordingly.

Top Schools in Manitou Springs, CO

Manitou Springs, CO is home to public schools that have been rated good and higher by GreatSchools. These school ratings are based on various indicators of school quality, including test scores, college readiness, and equity data. It is important to note that these ratings are intended for reference only and should be considered alongside other factors when evaluating schools. The academic performance of the schools in Manitou Springs is a significant factor to consider for families who are looking to move to the area. By providing objective and data-driven information, GreatSchools helps parents make informed decisions about their children’s education. With this knowledge, families can confidently choose a school that meets their academic expectations and supports their child’s growth and development.

Amenities in Manitou Springs, CO

A variety of amenities such as grocery stores, cafes, restaurants, parks, and gyms can be found in Manitou Springs, CO. The town boasts dozens of grocery stores, making it easy for residents to find the essentials. Additionally, there are hundreds of cafes and restaurants, providing a wide range of dining options for locals and visitors alike. Manitou Springs also offers parks and recreational facilities where people can enjoy outdoor activities and events. These parks serve as a gathering place for the community and provide opportunities for leisure and relaxation. Along with these amenities, the town is known for its local attractions and entertainment options. From art galleries to historical sites, there is always something to explore and enjoy in Manitou Springs, CO.

Available Homes for Sale

Residents and potential buyers can find a variety of available homes for sale in Manitou Springs, CO. The median listing home price in this area is $699.5K, with a median price per square foot of $385. The median home sold price is slightly lower at $625K. The sale-to-list price ratio is 100%, indicating that homes are selling for their listing price. The average days on market is 59, suggesting that homes are selling relatively quickly. In terms of pricing trends, the year-over-year median listing home price has remained flat. The housing market in Manitou Springs is currently balanced, with a supply of homes that exceeds demand. As for buyer incentives, there are various options available, including rentals with a range of prices, homes with large lots, and additional listings for open houses, price reduced, foreclosures, recently sold, new home communities, and new home construction.

Newly Listed Homes and Rentals

Dozens of newly listed homes and rentals are currently available in the area, offering a range of options for potential buyers and renters. In terms of upcoming developments, the rental market trends in Manitou Springs, CO show a balanced buyer-seller market with a supply of homes greater than demand. The median listing home price in the area is $699.5K, with a median listing home price per square foot of $385. The median home sold price is $625K, and the sale-to-list price ratio is 100%. However, it is important to note that the median days on market has gone up since last month, and it is also slightly up since last year. This data suggests that buyers and renters have more choices and time to make their decisions in the current market.

Additional Listings and Home Construction in Manitou Springs, CO

Numerous additional listings for open houses, price reduced properties, foreclosures, recently sold homes, new home communities, and new home construction are available in Manitou Springs, offering a variety of options for potential buyers and renters. The median listing home price in Manitou Springs is $699.5K, with a median listing price per square foot of $385. The median home sold price is $625K, and the sale-to-list price ratio is 100%, indicating a balanced buyer-seller market. The average days on the market is 59, suggesting that homes are selling relatively quickly. While the median listing home price has remained flat year-over-year, there is a surplus of homes in the market, resulting in a supply greater than demand. Looking ahead, the future development of Manitou Springs may impact home affordability and the availability of housing options.