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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 June 2014

Posted By Nancy Murray @ Jul 6th 2014 10:00pm In: Market Report for Briargate

Briargate, Colorado Springs, Zip Code 80920 and 80924, Real Estate Market Report for
June 2014

By Murray & Associates - Keller Williams Colorado Springs

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Briargate

There are currently 333 active listings, 154 pending sales, and 109 sales in the Briargate area of Academy School District 20 for the month of June. Briargate includes the popular District 20 neighborhoods of Pine Creek, Cordera, and Wolf Ranch. The pending ratio is 31.6%, down from last month due to the increase in sales. 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. 

The average sales price to list price ratio remained the same at 98.9%. This indicates that sellers do not need to negotiate on their price.

Average sales price was up to $305,159 and the median sales price was up again to $290,000. 

Average days on market was down this month to 85 days for Briargate with 3.0 months of inventory, slipping into a seller's 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.

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Briargate Homes For Sale

 
Actives

Pending

Sold
Average
Sales Price
Median
Sales Price
Cordera 49 14 6 $415,243 $398,000
Pine Creek 46 12 11 $418,773 $385,500
Wolf Ranch 58 31 13 $372,878 $379,000

Briargate Homes For Sale

Briargate Homes For Sale 

Briargate Homes For Sale

By Nancy Murray

Murray & Associates, Keller Williams Colorado Springs

Nancy@academydistrict20homes.com

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