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Nancy Murray, Realtor®
with Keller Williams Clients' Choice
Direct: 719-964-4810
Office: 719-357-6320
Fax: 866-748-9878
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The Academy School District 20 Real Estate Market July 2016

Posted By Nancy Murray @ Aug 8th 2016 1:10pm In: Market Report for Academy School District 20 Real Estate

The Academy School District 20 Real Estate Market

July 2016

By Murray & Associates - Keller Williams Colorado Springs

 

Homes for sale in Academy School District 20

The Academy District 20 real estate market continues to be very active with 20% fewer active listings in July 2016 over one year ago, while the number of sold properties is up 12%. The pending ratio is 47% for homes in Academy District 20. This means that 47% of the homes on the market in Academy District 20 are currently under contract.  This time of year we usually see a pending ration of about 30-35%, so the combination of fewer homes on the market and more active buyers than one year ago, indicated by the increase in sales, tells us that we have a very competitive housing market. As a result, we are seeing multiple offers, lower concessions, fewer days on market, and record low months of inventory. Working with buyers in this market, they are frequently buying at the top of their price point or even increasing their price, so as to have a larger selection of homes to view. Even by doing this, they often only have a few properties available and those frequently go under contract quickly.

Academy School Ditrict 20 Homes for Sale

Homes for sale in Academy School District 20

Homes for sale in Academy School District 20

Homes for sale in Academy School District 20

Academy District 20 Homes for Sale

Compare demographics for Colorado Springs zip codes with other zip codes in Colorado Springs or the nation, visit the Colorado Springs Market Insider.


Active

 New 

Pending

 Sold 
Average
Price
Median
Price
List/Sales
Price
Average
CDOM
Months of Inventory  Average
Concessions
Northgate     129 83 105 70 $405,397 $400,000 99.7% 57 1.8 $1,907
Flying Horse 30 9 24 14 $523,820 $472,445 99.7% 111 2.1 $918
Gleneagle 11 9 12 15 $363,387 $359,000 99.5% 100 0.7 $2,340
Briargate 210 171 202 136 $352,159 $325,000 99.5% 42 1.5 $1,941
Cordera 41 19 19 15 $441,580 $422,000 99.0% 75 2.7 $1,767
Pine Creek 48 19 12 12 $497,155 $475,000 98.4% 63 4.0 $60
Wolf Ranch 40 36 48 26 $369,270 $382,500 99.8% 40 1.5 $2,413

See all available homes for sale in Academy School District 20.

By Nancy Murray

Murray & Associates, Keller Williams Colorado Springs

Nancy@academydistrict20homes.com

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