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Fairfax Homes in Briargate Area, Colorado Springs Housing Market Report, 2011

By
Real Estate Agent with ERA Herman Group Real Estate

Homes in Fairfax are in the Briargate Area in Colorado Springs

 

Search for Homes in Briargate

Zip Code 80920

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Single Family Homes in Fairfax were primarily built in the 1980's and early 1990's.   The majority of the houses are 2-stories 3-4 baths, with 2 car garages.

The Fairfax housing market continues to be a SELLERS Market, as there is currently a 3.5 month of supply of homes on the market.   A 6 month supply of houses on the market is considered a “NEUTRAL MARKET”.  

Here's a quick summary of the 2011 Real Estate Market for Fairfax

·         Pricing has decreased by 10% in 2011 vs. 2010.

·         Number of homes sold has decreased by 46% in 2011 vs. 2010.

·         Days on Market has decreased by 2% in 2011 vs. 2010.

·         Price per FINISHED square feet has decreased by 15% in 2011 vs. 2010.

The area is located in the Briargate Area, East of Powers Blvd., North of Woodmen Road, West of Austin Bluffs, South of Research Parkway.

The school District is District 20; and the majority of students go to Liberty High School.   The neighborhood is close to St. Francis Medical Center.

 

Year

Price

Total Sold

Average Price

per FINISHED square

foot

Average Days on Market

Average Sold Per Month

2011

$213,389

59

$96

87

4.9

2010

$234,651

86

$92

89

7.1

2009

$243,750

64

$95

82

5.3

2008

 $239,066

88

$98

98

7.3

2007

 $248,832

103

$101

82

8.6

2006

 $250,616

123

$98

52

10

2005

$247,876

121

$94

45

10

 

This Colorado Springs Real Estate report contains information on Single Family homes in Briargate in Fairfax

 This information is taken from the Pikes Peak Realtor Services Corp and is deemed reliable but not guaranteed.   

Kathy Torline, Colorado Springs Real Estate Agent, An Expert You Can Trust 719-2887-1049 KTorline@msn.com

    Selling Real Estate in the Colorado Springs area, including Monument, Fountain, Larkspur, Pueblo, Castle Rock, Manitou Springs, Woodland Park, Palmer Lake  

www.ColoradoSpringsVintageHomes.com, www.KathyTorline.com