The Briargate real estate market has been one of the stronger stories in the greater Colorado Springs Real Estate market. Over the last ten years, this area has seen a Median Sales Price 18% increase from 2007 but a 35% increase from its recession low in 2010.
The most surprising statistic is the actual number of home sales we are seeing in the Briargate Real Estate Market. The number of sales remains high, 89 sales in October, while the median price climbs.
Here is the breakdown on the Briargate Market for October of 2017.
| Year | Homes Sold | Median Sales Price | Median Price Per Sq Ft | Average Days on Market |
|---|---|---|---|---|
| 2007 | 883 | $294,900 | $103,14 | 87 |
| 2008 | 673 | $282,150 | $99.27 | 101 |
| 2009 | 601 | $270,000 | $96.75 | 89 |
| 2010 | 614 | $260,000 | $94.82 | 92 |
| 2011 | 580 | $263,700 | $92.30 | 92 |
| 2012 | 682 | $270,000 | $95.91 | 77 |
| 2013 | 841 | $285,000 | $98.88 | 64 |
| 2014 | 890 | $285,000 | $101.23 | 90 |
| 2015 | 1097 | $295,000 | $104.65 | 83 |
| 2016 | 1223 | $319,900 | $109.35 | 38 |
| 2017 (YTD) | 1065 | $350,000 | $120.24 | 32 |
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We have been compiling statistics both locally and nationally for many years. These reports are a collection of the last few years' worth of our Quarterly Market Reports so you can follow the Colorado Springs Real Estate Market.
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