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Briargate, Zip Code 80920, Real Estate Market Report for July 2013

By
Real Estate Agent with Keller Williams Clients Choice Realty, Colorado Springs, CO #FA100003680

Briargate, Colorado Springs, Zip Code 80920, Real Estate Market Report for

July 2013

Brought to you by Nancy Murray

 
 
 

 

Briargate

There are currently 256 active listings, 124 pending sales, and 88 sales in the Briargate area of Academy School District 20 for the month of July. Briargate includes the popular District 20 neighborhoods of Pine CreekCordera, and Wolf Ranch. The pending ratio dropped for July to 32.6%. 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 98.8%. This indicates that sellers do not need to negotiate on their price.

Average sales price is $306,552 and the median sales price is $282,500.

Average days on market are down to 68 days for Briargate with 2.9 months of inventory.

For the complete report, visit Market Report for Briargate.

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.

 

 

Briargate Homes For Sale

 
Actives

Pending

Sold
Average
Sales Price
Median
Sales Price
Cordera 24 13 2 $430,000 $430,000
Pine Creek 43 16 11 $478,595 $424,900
Wolf Ranch 30 18 10 $377,000 $363,000