Briargate, Colorado Springs, Zip Code 80920, Real Estate Market Report for
Brought to you by Nancy Murray
There are currently 274 active listings, 108 pending sales, and 80 sales in the Briargate area of Academy School District 20 for the month of August. Briargate includes the popular District 20 neighborhoods of Pine Creek, Cordera, and Wolf Ranch. The pending ratio dropped for August to 28.4%. The pending ratio represents the supply and demand of the market. The higher the ratio, the greater the demand. A low ratio indicates more supply than demand. Briargate continues to be in high demand as evidenced by the pending ration.
The average sales price to list price ratio is 98.4%. This indicates that sellers do not need to negotiate on their price.
Average sales price is up to $337,947 and the median sales price is also up at $308,000.
Average days on market increased to 78 days for Briargate with 3.4 months of inventory.
For information about listing your Briargate home for sale, visit Selling Your Colorado Springs Home.
Compare demographics for Colorado Springs zip codes with other zip codes in Colorado Springs or the nation, visit the Colorado Springs Market Insider.
For information about listing your Briargate home for sale, visit Selling Your Colorado Springs Home.
|
Actives
|
Pending |
Sold |
Average Sales Price |
Median Sales Price |
|
| Cordera | 32 | 11 | 7 | $408,660 | $385,000 |
| Pine Creek | 52 | 8 | 12 | $567,740 | $460,000 |
| Wolf Ranch | 25 | 11 | 15 | $340,298 | $355,000 |
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