Real Estate Directory - Colorado
Population: 4,301,261
Capital city/population: Denver (557,478)
Largest cities/population:
- Denver - 557,478
- Colorado Springs - 370,448
- Aurora - 290,418
- Lakewood - 142,474
Colorado is the eighth largest state with a total area of 104,100 square miles. There are over 21,338,000 acres of forested land in topography of mainly hilly to mountainous terrain. Residents enjoy low relative humidity, abundant sunshine, and seasonal temperatures ranges with alpine conditions in the high mountains. Colorado achieved statehood on August 1, 1876, and is one of only two states in the United States in which all the water in the state flows out of the state and none flows in. The other is Hawaii.
HOUSING (2005 figures unless otherwise noted)
Denver – In December, agents reported over 1,500 available homes on the market. Prices range from $50,000 - $5,100,000, providing the city with a strong buyers market. Median prices for single family homes have risen about 2.5% over the last year while condo prices have risen about 3.8%.
Colorado Springs – The city is providing for a strong home market. Average sale price is up from last year to about 5% - 6% for single family homes, and 1% - 2% for condos/townhouses. Home buyers and home sellers alike are benefiting from the current market. With 61 days on the market, the average sold price is $231,343.
Aurora - As of November, there were over 1,000 homes available on the market. Home prices ranged from $45,000 - $1,250,000, with an average price of $225,723. The city reports a solid buyers market, with homes remaining 81 days on the market.
Lakewood - In September, homes listed at an average asking price of $339,501. After approximately 66 days on the market, the average sales price was $286,597. First time buyers are enjoying a strong market, with a nice supply of homes for all types of home buyers.
BUSINESS/ECONOMY
Principal industries include manufacturing, construction, government, tourism, agriculture, aerospace, and electronics. Primary crops include corn, wheat, hay, sugar beets, potatoes, apples, oats, and sunflowers. Cattle and lumber are also important industries.
SCHOOLS (2005 figures)
There are over 300 high schools in the state. Colorado also has over 48 colleges and universities, including the University of Colorado-Boulder, which opened in 1877. The Colorado School of Mines, at Golden, initially organized in 1869, was officially created in 1874. Other institutions include University of Northern Colorado-Greeley, the University of Southern Colorado-Pueblo, Colorado State University-Fort Collins; and Metropolitan State College and the University of Denver, both at Denver.
HISTORY
The United States acquired eastern Colorado in the Louisiana Purchase in 1803. Lt. Zebulon M. Pike explored the area in 1806, discovering the peak that bears his name. After the Mexican War, 1846-48, U.S. immigrants settled in the east, former Mexicans in the south. Gold was discovered in 1858, causing a population boom. Displaced Native Americans protested, resulting in the so-called Sand Creek Massacre, 1864, where more than 200 Cheyenne and Arapaho were killed. All Native Americans were later removed to Oklahoma Territory.
During its current history, Colorado developed the North American Air Defense Command (NORAD), at the Air Force Base Springs in Colorado Springs. One year later, the United States Air Force Academy was opened nearby.
RELIGON (2005 figures)
- Christian – 75%
- Protestant – 48%
- Baptist – 9%
- Methodist – 5%
- Lutheran – 5%
- Episcopal – 3%
- Presbyterian – 3%
- Other Protestant or general Protestant – 23%
- Roman Catholic – 24%
- Latter-Day Saint (Mormon) – 2%
- Other Christian – 1%
- Protestant – 48%
- Jewish – 2%
- Other Religions – 1%
- Non-Religious/Agnostic – 22%
DEMOGRAPHICS
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