Briargate, Colorado Springs, Zip Code 80920, Market Report for June 2012

By
Real Estate Agent with Keller Williams Clients Choice Realty, Colorado Springs, CO #FA100003680
Briargate, Colorado Springs, Zip Code 80920, Real Estate Market Report for
June 2012

Brought to you by Nancy Murray




 

Briargate

There are currently 216 active listings, 140 pending sales, and 61 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 high at 39%. 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 is a healthy 99.2%, indicating that sellers are not having to negotiate much on their sales price resulting in many competing offers.

Average sales price is $277,160 and the median sales price is $309,000, these numbers are up 1.5% and 15.9% respectively over the previous month.

Average days on market are down for Briargate with 3.5 months of inventory, the fifth month in a row where the inventory was under six months.

For information about listing your Briargate home for sale, visit Selling Your Colorado Springs Home.

For the complete report, visit Market Report for Briargate.

 

Briargate Homes For Sale

 
Actives

Pending

Sold
Average
Sales Price
Median
Sales Price
Cordera 29 9 8 $376,911 $361,000
Pine Creek 36 20 5 $336,500 $333,000
Wolf Ranch 17 17 5 $360,780 $370,000

 

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Real Estate Market Trends
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Colorado El Paso County Colorado Springs Briargate
Tags:
academy school district 20 market update
academy school district 20
zip code 80920
briargate
colorado springs

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