About Colorado Springs' Briargate

Briargate Market Report – Summer 2011

Briargate is a popular neighborhood in the Northeast section of Colorado Springs. It was a Master Planned Community, and the area that we now know as Briargate was the original phase of the development in the early 1980s.

Each phase of the development was carefully planned in this previously uninhabited area, and more areas within the Briargate community continue to be developed including Pine Creek, Cordera, Kettle Creek, Fairfax, and others. But the locals understand Briargate to be the homes in the vicinity of the Chapel Hills Mall where houses generally sell for under $400,000.

Briargate was planned to be complete unto itself. Nice homes, the best possible education, appealing to professionals as well as retail establishments. Entertainment and recreational facilities were provided, with a high quality of life on almost 10,000 acres.

There are golf courses, an area YMCA, extensive hiking trails, as well as medical facilities and hospitals. For houses under $400,000, Briargate averaged 41 sales per month in the summer of 2011. There are currently 258 homes on the market, with a standing inventory of 6 ¼ months. Because of the high caliber of District 20 schools, families with children tend to gravitate to this affordable, clean, and popular area.

Briargate Market Report - Summer 2011 was written by Mimi Foster

Briargate Colorado Springs 80920 Stats – August 2010 to August 2011

Below are some remarkable statistics about Briargate CO neighborhoods regarding Single Family/Patio Homes:

Sold Listings:

• 41

Median Sales Price:

• 300,000

Average Sales Price:

• 296,581

Median List Price:

• 305,000

Sale Price to List Price %:

• 97.3

Currently, the Average Days on the Market is 87.

Comparisons to last month show Briargate has experienced a decline in sales numbers, 52 to 41. Nonetheless, there has been some elasticity regarding average sales prices, bouncing up and down, depending upon the month. Varying from last month, there is an increase in the actual sales price of around $14,000, ranging from 1.5% to 3.0% of the value of the home.

Briargate neighborhoods is a well-planned community, surrounded by District #20 Schools, parks, and the convenience of shopping and restaurants and provides relatively easy access to I-25. Like other areas in Colorado Springs, Briargate is a wonderful area for family living.

To purchase Colorado Springs Homes for Sale, feel free to contact our Colorado Springs Realtors at Selley Group Real Estate, LLC: 2139 Chuckwagon Rd, Ste 210 - Colorado Springs, Colorado 80919 - 719. 598. 5101

“Based on information from the Pikes Peak REALTOR® Services Corp. (RSC), for the period August 2010 through August 2011. RSC information may not reflect all real estate activity in the market and is provided as is without warranty or guaranty.”

All agents affiliated with Selley Group Real Estate, LLC are actively licensed in accordance to the laws of Colorado.

Portions of this article are written by Gordon, as framed by the expressed opinions of Cherise, but not proofread.

Briargate Colorado Springs 80920 Stats – July 2010 to July 2011

Below are some remarkable statistics about Briargate CO neighborhoods regarding Single Family/Patio Homes:

Sold Listings:

• 52

Median Sales Price:

• 286,500

Average Sales Price:

• 296,502

Median List Price:

• 301,346

Sale Price to List Price %:

• 97.6

Currently, the Average Days on the Market is 80.

Comparisons to last month show Briargate has experienced a decline in sales numbers, 69 to 52. Nonetheless, there has been some elasticity regarding average sales prices, bouncing up and down, depending upon the month. Varying from last month, there is a decrease in the actual sales price of around $4,000 to $1000, ranging from 1.5% to 3.0% of the value of the home.

Briargate neighborhoods is a well-planned community, surrounded by District #20 Schools, parks, and the convenience of shopping and restaurants and provides relatively easy access to I-25. Like other areas in Colorado Springs, Briargate is a wonderful area for family living.

To purchase Colorado Springs Homes for Sale, feel free to contact our Colorado Springs Realtors at Selley Group Real Estate, LLC: 2139 Chuckwagon Rd, Ste 210 - Colorado Springs, Colorado 80919 - 719. 598. 5101

“Based on information from the Pikes Peak REALTOR® Services Corp. (RSC), for the period July 2010 through July 2011. RSC information may not reflect all real estate activity in the market and is provided as is without warranty or guaranty.”

Portions of this article are written by Gordon, as framed by the expressed opinions of Cherise, but not proofread.

Colorado Springs Housing Market Report for Briargate Homes, Single Family

Includes Homes in Pinecreek, Windjammer, Gatehouse Village, Summerfield

Zip code 80923, 80920, 80924

Search for homes in Briargate

Here's a quick summary of the 2010 and 2nd half of 2011 Real Estate Market for Briargate:

• Pricing increased almost the same from 2010 to 2009
• Number of homes sold decreased by 4% from 2010 to 2009
• Days on Market was the same from 2010 to 2009, Days on Markets has continued to increase in 2011.
• 2011 Pricing has decreased by 7%

Most Expensive Sale in area:

• 9810 Highland Glen Place
• $1,075,000
• Square Feet: 5512
• Area: Pine Creek

Least Expensive Sale in the area:

• 3445 Brisbane
• $110,900
• Square Feet: 1184
• Area: Briargate Station

This Colorado Springs Real Estate report contains information on Single Family homes in Briargate

This information is taken from the Pikes Peak Realtor Services Corp and is deemed reliable but not guaranteed.

Kathy Torline, Colorado Springs Real Estate Agent, An Expert You Can Trust 719-2887-1049 KTorline@msn.com

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