The Gazette 2009 Guide to Real Estate

What's happening to local home values?

In 2008, many Colorado Springs-area neighborhoods saw home values decline from the previous year because of the national recession, local job losses and an influx of foreclosures. But El Paso County as a whole actually saw prices tick upward.

On April 26, 2009, The Gazette published a special report on local residential real estate called, "Neighborhoods." For this online version, click on the links below to read what the newspaper found and stories about housing trends.

This interactive version of The Gazette's report allows users to find their neighborhoods and see dynamic charts about each area. Each neighborhood has a profile, including the median price of homes that sold in the neighborhood, the typical size of homes that sold and how home values have changed year-over-year. This year's guide also includes information about the of number of foreclosure sales in each neighborhood, and how distressed properties affected prices.

Local Real Estate Headlines

Default deluge

Foreclosures and short sales weren't the only reasons home prices fell in dozens of Colorado Springs-area neighborhoods last year. But they were the biggest reasons, several local real estate experts say. In The Gazette's fourth annual analysis of El......
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Widespread distress

Kings Deer, in northern El Paso County and east of Monument, has some of the Pikes Peak region's nicest homes. Stratmoor Valley, just beyond Colorado Springs' south edge and east of Fort Carson, has some of the area's cheapest housing. Last year,......
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Neighborhood Search


Or use the map below to select the part of town you're interested in.


By the numbers in El Paso County


152,544Number of single-family homes sold, 1996-2008
+81.4%Change in median single-family home prices, 1996-2008
$177,900Median price of single-family homes sold, 1996-2008
5,482Number of single-family homes sold, 2008 (excludes foreclosures)
7,448Number of single-family homes sold, 2008 (includes foreclosures)
+0.93%Change in median single-family home prices, 2008 over 2007
$228,000Median price of single-family homes sold, 2008 (excludes foreclosures)
$208,000Median price of single-family homes sold, 2008 (includes foreclosures)
-61.1%Biggest drop in median single-family home prices, 2008 over 2007 (includes foreclosures) Southern County
+24.5%Biggest increase in median single-family home prices, 2008 over 2007 (includes foreclosures) Kissing Camels
Sources:The El Paso County Assessor's Office; Gazette data analysis and research