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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 May 2014

Posted By Nancy Murray @ Jun 9th 2014 10:43am In: Market Report for Briargate

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

By Murray & Associates - Keller Williams Colorado Springs

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Briargate

There are currently 330 active listings, 190 pending sales, and 70 sales in the Briargate area of Academy School District 20 for the month of May. Briargate includes the popular District 20 neighborhoods of Pine Creek, Cordera, and Wolf Ranch. The pending ratio is up at 36.5%. 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 remained the same at 98.4%. This indicates that sellers do not need to negotiate on their price.

Average sales price was up to $317,544 and the median sales price was up again to $305,000. 

Average days on market was down this month to 97 days for Briargate with 4.7 months of inventory. Still a transition market but leaning toward 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.

Search Homes for sale in Briargate.

 

Briargate Homes For Sale

 
Actives

Pending

Sold
Average
Sales Price
Median
Sales Price
Cordera 46 17 9 $400,316 $411,758
Pine Creek 54 15 13 $440,306 $425,000
Wolf Ranch 60 17 8 $329,461 $369,253

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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