Colorado Spring Real Estate Market
Report for Briargate
Single Family Homes
Includes Pinecreek, Windjammer, Gatehouse Village, Summerfield
The Briargate housing market continues to be a BUYERS Market, as there is currently a 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 are down 25% from 2007, but pricing is only down 11% from 2007.
Recap of December Activity
- Homes Sold in the last month: 52
Recap of 2008, 2007, 2006, 2005, and 2004
|
|
2008
|
2007
|
2006
|
2005
|
2004
|
|
Number of Homes Sold
|
584
|
780
|
944
|
985
|
829
|
|
Average List Price
|
309,932
|
$348,414
|
$365,186
|
$291,910
|
$259,339
|
|
Sales Price to List Price
|
97.6%
|
98.5%
|
99.4%
|
99.2%
|
98.6%
|
|
Average Days on Market
|
99
|
82
|
62
|
47
|
53
|
|
Average # of house sold per month
|
48.7
|
65
|
78.7
|
82.1
|
69.1
|
Current Report as of 1-15-09
- Active listings: 338
- Under Contract and Pending: 56
Absorption Rate: 48.7 homes per month, a 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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Colorado Springs Real Estate
Posted by KAT
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Interesting number for your part of the world,. I believe that your going to see changes coming soon for the better for all.............