Colorado Spring Real Estate - Market Report for Homes in Briargate
Single Family Homes
Includes Homes in Pinecreek, Windjammer, Gatehouse Village, Summerfield
For a Free Market Analysis on your neighborhood, email Kathy Torline at KTorline@msn.com
The Briargate housing market continues to be a BUYERS Market, as there is currently a 6.9 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. 480 single family homes have been sold in 2009 vs. 501 for the same period in 2008; a decline of 16%.
Recap of 2009, 2008, 2007, 2006, 2005, and 2004
|
|
1-1-2009 to 10-31-09 |
2008 |
2007 |
2006 |
2005 |
2004 |
|
Number of Homes Sold |
480 |
584 |
780 |
944 |
985 |
829 |
|
Average List Price |
$294,810 |
$309,932 |
$348,414 |
$365,186 |
$291,910 |
$259,339 |
|
Sales Price to List Price |
TBD |
97.6% |
98.5% |
99.4% |
99.2% |
98.6% |
|
Average Days on Market |
89 |
99 |
82 |
62 |
47 |
53 |
|
Average # of house sold per month |
48 |
48.7
|
65
|
78.7 |
82.1
|
69.1 |
Current Report as of 11-14-09
- Active listings: 298
- Under Contract and Pending: 103
- Absorption Rate: 48 homes per month, a 6.20 month supply of houses currently on the market
Briagate homes are:
- 30 Minutes from the Colorado Springs Airport
- 15 - 20 minutes from Citadel Shopping Mall
- 15 minutes from Chapel Hills Mall
- 15 - 20 Minutes from Downtown Colorado Springs
- 15 - 20 minutes from the Air Force Academy
- 15 minutes from UCCS
- 15 minutes from Downtown Colorado Springs
- Minutes from the Pro Rodeo Hall of Fame
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.
A Colorado Springs Real Estate Agent You Can Trust
Selling HOMES in El Paso & Douglas County; including Colorado Springs, Monument, Fountain, Larkspur, Pueblo, Castle Rock, Manitou Springs, Woodland Park, Palmer Lake
www.Kathytorline.com & www.ColoradoSpringsVintageHomes.com
Posted by KAT
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