Colorado Springs Real Estate Report for BRIARGATE Area for 2009

By
Real Estate Agent with ERA Herman Group Real Estate

Colorado Spring Real Estate 

Market Report for Briargate Homes, Single Family Homes

Includes  Homes in Pinecreek, Windjammer, Gatehouse Village, Summerfield

Zip codes include:  80923, 80920, 80924

Search for homes in Briargate

The Briargate housing market continues to be a BUYERS Market, as there is currently a 7.2 month of supply of homes on the market.   A 6 month supply of houses on the market is considered a "NEUTRAL MARKET".   Sales units were down 6% from 2009 to 2008, but pricing was down 6% from 2009 to 2008.    Pricing and sales are continuing to see some increasing in 2010.

Briargate Homes

Recap of 2010 2009, 2008, 2007, 2006, 2005, and 2004

 

1-31-10 to 6-30-2010

2009

2008

2007

2006

2005

2004

Number of Homes Sold

276

550

584

 780

 944

 985

 829

Average List Price

$292,129

$294,406

$309,932

$348,414

$365,186

$291,910

$259,339

Average Days on Market

91

73

99

 82

 62

 47

 53

Average # of house sold per month

46

45.8

48.7

 

65

 

78.7

82.1

 

69.1

Current Report as of  6-30-2010

Active listings:      330

Under Contract and Pending:  96

Absorption Rate:     46 homes per month, a 7.2 month supply of houses currently on the market

Colorado Springs Real Estate Agent, An Expert You Can Trust

Selling Real Estate in the Colorado Springs area, including Monument,  Fountain, Larkspur, Pueblo, Castle Rock, Manitou Springs, Woodland Park, Palmer Lake

  www.ColoradoSpringsVintageHomes.com, www.KathyTorline.com

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Rainmaker
652,507
Adam Malachi
RLO Millennium Real Estate and Mortgage. - Castle Rock, CO
QSC,CDPE,CIPS,CNE,CRB,CRS,GRI,MRE,SFR

Good post! Excellent report Briargate area! Hopefully the market wills pickup soon!

Thanks for sharing,

Adam

Jul 14, 2010 08:30 PM #1
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Rainmaker
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Kathy Torline

Colorado Springs Real Estate Blog 719-287-1049
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