Briargate Colorado Market Roundup-August 2017

By
Real Estate Agent with SpringsHomes

Briargate Sales Numbers-August 2017


 

Number of Sales
96
Median List Price
$362,450
Average Days on Market
32
Average Price Per Square Foot
$122.35

 

There were 96 sales in the Briargate subdivision of Colorado Springs for the Month of August of 2017. This number is down 27% from August of 2016. We think this decrease has more to do with lack of inventory and affordability than lack of demand.

 

Briargate Colorado Number of Sales Aug 2017

 

Briargate has gotten more expensive, especially over the last three years. The Median Sales price in Briargate is now $358,250. That's a 27% increase since 2014.

 

Briargate Colorado Median Sales Price Aug 2017

 

Certain areas like Fairfax and Sable Chase still have homes prices below the median for Briargate but of course, these prices are climbing as well.

The Briargate area remains popular with people looking for Amenities, convenience, and location. The big question is will the average Pikes Peak region home buyer still be able to afford a home in Briargate.

If you would like to receive up to date market data about Briargate as well as the rest of the Colorado Springs real estate market, please sign up for our quarterly market report.

 

 

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