Market Report for Briargate Colorado Springs April 2015
By Murray & Associates - Keller Williams Colorado Springs
There are currently 212 active listings, 208 pending sales, and 63 sales in the Briargate area of Academy School District 20 for the month of April. Briargate includes the popular District 20 neighborhoods of Pine Creek, Cordera, and Wolf Ranch. The pending ratio hit another record high this month at 49.5%. The average sales price to list price ratio is 99.0%. This indicates that sellers are getting their asking price in Briargate. With low inventory and high sale price to list price ratio, this is a strong market for sellers.
Average sales price was $303,077 and the median sales price at $262,900.
Average days on market is down slightly at 105 days for Briargate with a low 3.4 months of inventory.
For information about listing your Briargate home for sale, visit Selling Your Colorado Springs Home.
Compare demographics for Colorado Springs zip codes with other zip codes in Colorado Springs or the nation, visit the Colorado Springs Market Insider.
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By Nancy Murray
Murray & Associates, Keller Williams Colorado Springs