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Fairfax Homes in Briargate Area, Colorado Springs Housing Market Report, August 31, 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 from 1985 to 1999.   The majority of the houses are 2-stories and ranches, 3-4 baths, with 2-3 car garages.

The Fairfax housing market continues to be a BUYERS/NEUTRAL Market, as there is currently a 4 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 2010 and 2011 Real Estate Market for Wolf Ranch

·         Pricing decreased by 4% from 2010 to 2009; and has continued to decrease in 2011.       

·         Number of homes sold increased by 26 % from 2010 to 2009

·         Days on Market decreased by 4% from 2010 to 2009

·         Price per FINISHED square feet decreased by 4% from 2010 to 2009, but the price is increasing in 2011.

·         Average pricing has continued to decrease in 2011.

The area is located in the Briargate Area, East of Powers, Research Parkway, North and South.

The school District is District 20.   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

$215,686

44

$97

83

5.5

2010

$234,651

86

$92

89

7.2

2009

$243,570

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

10.3

2005

$247,876

121

$94

45

10.1

 

 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.

 

  

 

   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