Market Report for Homes in Briargate, 9-30-09
Single Family Homes
Includes Pinecreek, Windjammer, Gatehouse Village, Summerfield
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The Briargate housing market continues to be a NEUTRAL/BUYERS Market, as there is currently a 4.7 month of supply of homes on the market. A 6 month supply of houses on the market is considered a "NEUTRAL MARKET". Sales units were down 25% from 2008 to 2007, but pricing was only down 11% from 2008 to 2007. 587 single family homes have been sold in 2009 vs. 647 501 for the same period in 2008; a decline of 9%.

Recap of 2009, 2008, 2007, 2006, 2005, and 2004
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|
1-1-2009 to 9-30-09
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2008
|
2007
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2006
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2005
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2004
|
|
Number of Homes Sold
|
587
|
584
|
780
|
944
|
985
|
829
|
|
Average List Price
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TBD
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$309,932
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$348,414
|
$365,186
|
$291,910
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$259,339
|
|
Sales Price to List Price
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TBD
|
97.6%
|
98.5%
|
99.4%
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99.2%
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98.6%
|
|
Average Days on Market
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TBD
|
99
|
82
|
62
|
47
|
53
|
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Average # of house sold per month
|
65.2
|
48.7
|
65
|
78.7
|
82.1
|
69.1
|
Current Report as of 10-15-09
- Active listings: 308
- Under Contract and Pending:
- Absorption Rate: 65.2 homes per month, a 4.7 month supply of houses currently on the market
Briagate homes are:
This Colorado Springs Real Estate report contains information on Single Family homes in Briargate
This information is taken from the Pikes Peak Realtor Services Corp and is deemed reliable but not guaranteed.
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