Briargate Homes -- 2008 Market Report for Gatehouse Village

By
Real Estate Agent with ERA Herman Group Real Estate

Colorado Springs Real Estate

Market Report for Gatehouse Village area in the Briargate area of Colorado Springs

Single Family Homes

Single Family Homes in Gatehouse Village were primarily built in the 1980's.  The majority of the houses are 4-story and 2-story's, with 4 to 5 bedrooms, 3-4 baths, and 2 car garages.   The average home has appx. 2500 to 3500 square footage.  The absorption rate of 3.2 houses per month shows that there is 3 a month supply of houses on the market; the housing market is currently NEUTRAL TO A SELLER'S MARKET in this area.

Recap of December Activity

  • Homes Sold in the last month:    2
    • 8918 BellCove Circle   2628 square feet   $252,000
    • 9019 Musgrave Street  3922 square feet  $330,000

Recap of 2008, 2007, 2006, 2005, and 2004

 

2008

2007

2006

2005

2004

Number of Homes Sold

 38

63

57

 84

66

Average List Price

 $281,394

 $290,203

$287,877

$272,518

$251,577

Average Sold Price

 $275,968

 $285,949

$284,124

$269,784

$248,864

Average Days on Market

 94

 66

 82

 44

 48

Total Square Feet

 3133

 3078

 3094

 3101

 3040

Average # of house sold per month

 3.2

5.3

 4.8

7.0

 5.5

 

 

 

 

 

 

Current Report as of 1-20-09 in Windjammer

  • Active listings:   10
  • Under Contract and Pending:   2
  • Absorption Rate: 3.2 houses per month

Gatehouse Village is located in the Briargate area of the City and in District 20 school

Gatehouse Village homes are:

This Colorado Springs Real Estate report contains information on Single Family dwellings in Gatehouse Village.

This information is taken from the Pikes Peak Realtor Services Corp and is deemed reliable but not guaranteed.

 

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Selling HOMES in El Paso & Douglas County; including Colorado Springs, Monument,  Fountain, Larkspur, Pueblo, Castle Rock, Manitou Springs, Woodland Park, Palmer Lake

www.Kathytorline.com & www.ColoradoSpringsVintageHomes.com

Colorado Springs Real Estate

Posted by KAT

 

Comments (2)

Terry Miller
Miller Homes Group - Tyler, TX
Miller Homes Group and Tyler Apartment Locator

I love stats and information. Thank you and have a great 2009.

Jan 26, 2009 04:22 PM
Kathy Torline
ERA Herman Group Real Estate - Colorado Springs, CO
Colorado Springs Real Estate Blog 719-287-1049

Terry:  Glad you enjoyed the information.

Jan 27, 2009 11:01 PM

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