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Nancy Murray, Realtor®
with Keller Williams Clients' Choice
Direct: 719-964-4810
Office: 719-357-6320
Fax: 866-748-9878
Email Nancy

Market Report for Briargate Colorado Springs February 2014

Posted By Nancy Murray @ Mar 3rd 2014 1:30pm In: Market Report for Briargate

Briargate, Colorado Springs, Zip Code 80920, Real Estate Market Report for
February 2014

By Murray & Associates - Keller Williams Colorado Springs

Search all Briargate Homes for Sale

 

Briargate

There are currently 248 active listings, 93 pending sales, and 37 sales in the Briargate area of Academy School District 20 for the month of February. Briargate includes the popular District 20 neighborhoods of Pine Creek, Cordera, and Wolf Ranch. The pending ratio is remained the same at 27.3%. 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, even for the slower winter season.

The average sales price to list price ratio improved slightly to 98.3%. This indicates that sellers do not need to negotiate on their price.

Average sales price was down  to $286,501 and the median sales price was down to $265,000. 

Average days on market are up this month to 111 days for Briargate with 6.7 months of inventory. This is shifting to a transition market which is common for this time of year. This means there are more listings than buyers, so shifting out of a sellers market, but not quite into a buyers market.

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.

 

Briargate Homes For Sale

 
Actives

Pending

Sold
Average
Sales Price
Median
Sales Price
Cordera 44 9 3 $468,478 $403,539
Pine Creek 30 7 1 $355,000 $355,000
Wolf Ranch 50 11 7 $351,362 $368,000

Briargate Homes For Sale

Briargate Homes For Sale 

Briargate Homes For Sale


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