Most Expensive Academy School District 20 Home Sales for February 2010The Colorado Springs real estate market has several school districts within its boundaries. The most northern one is Academy School District 20. In February 2010, the Academy School District 20 real estate market saw 5 homes sell for more than $500,000. The most expensive home sold in the Pine Creek real estate market. Two sales were in the Black Forest Real estate market and 2 sales were in the Northgate real estate market. Read More: Homes for Sale in Academy School District 20 – Colorado Springs Here are the top 3 most expensive home sales in the Academy School District 20 real estate market. 1. 9735 Summit Ash Court, Colorado Springs CO 80920 ~ Pine Creek
Search All Academy School District 20 Homes for Sale $600k-$700k 2. 6902 Juniper Drive, Colorado Springs CO 80908 ~ Black Forest
Search All Academy School District 20 Homes for Sale $500k-$600k 2. 13630 Northgate Estates Drive, Colorado Springs CO 80921 ~ Northgate Estates
Search All Academy School District 20 Homes for Sale $500k-$600k Conversely, the least expensive home sales in the Academy School District 20 real estate market fell between $140k and $170k. There were 6 homes in this sold price range. For more information on buying or selling a luxury home in Colorado Springs, please contact the Wagner iTeam at Keller Williams Realty: 719.434.7525 Based on information from the Pikes Peak REALTOR Services Corp. (”RSC”), for February 2009 . All information and images are courtesy of the Pikes Peak MLS SOLD data and used by permission through the IDX agreement. RSC does not guarantee or is in any way responsible for its accuracy. Data maintained by RSC may not reflect all real estate activity in the market.
Thanks for reading our Colorado Springs Real Estate Blog! Posted on March 3rd, 2010 by Mariana Wagner
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Featured Patio Home for Sale in Briargate | 8174 Regiment CourtPlease take a moment to check out this beautiful Colorado Springs real estate listing – patio home for sale in Briargate. 8174 Regiment Court, Colorado Springs CO 80920 Immaculate newer 3 Bedroom patio home in Briargate with stunning Peak views. Main level low-maintenance living. Tiled entry greets you as you enter this wonderful home. To the right is a coat closet, tiled 3/4 bath and an archway leading you to the main level office or den. Further inside you will love the sunny and open floor plan with great room concept. There is a spacious dining area and a living room with vaulted ceilings, gas fireplace and built in entertainment center. The large kitchen is inviting and open up into the living room. There are beautiful 42" cabinets, tiled floors and counter tops, a large eat-at island with deep double basin stainless sink, desk area, pantry and a breakfast area. All appliances are included: side-by-side refrigerator, smooth top stove, in-wall double oven and microwave. Off the kitchen is the laundry room with built in cabinets and sink, 2 closets and access to the 2-car attached garage. This main level also boasts a beautiful master bedroom with private bathroom and walk-in closet. The basement of this home has been fully finished to include a large family room that walks out to the rear covered patio, 2 bedrooms, a full bathroom and a huge tiled wet bar with ample bar seating, counter tops and cabinets. Off the main level is a covered deck with room for a table, chairs and grill. Perched on top of a hill this Briargate patio home has stunning Pikes Peak views from both the deck and lower patio. Central A/C and 2 water heaters. HOA covers insurance, exterior lawn and maintenance, snow and trash removal and covenant enforcement. Academy School district 20 schools. Super well-cared for and move-in ready. 24-Hour Recorded Audio Tour Read More: About the Briargate real estate market For more information or for a private tour of this beautiful home, Search All Homes for Sale in the Briargate Real Estate Market
Thanks for reading our Colorado Springs Real Estate Blog! Posted on February 16th, 2010 by Mariana Wagner
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Cordera Real Estate Market and Neighborhood InformationSearch Homes for Sale in the
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Annual Briargate Real Estate Market Report for 2009Here is the annual Briargate Real Estate market report for 2009 – brought to you by the Colorado Springs Real Estate Connection. The Briargate real estate market consists of almost all D-20 neighborhoods north of Woodmen Road and South of Old Ranch Road. Popular Briargate neighborhoods include: Pine Creek, Cordera, Wolf Ranch, Windjammer, Cumbre Vista, Fairfax and Gatehouse Village. Briargate Real Estate: Available, New and Sold Listings, by Month:
Comments: In 2009 the Briargate real estate market saw the same availability pattern as last year, and only slightly less new homes go on the market and slightly less homes sell. The big difference between this and last year is that there were LESS Briargate homes for sale each month in 2009 than in 2008. This is excellent news for home sellers = less competition. Search All Homes for Sale in the Briargate Real Estate Market
Comments: The Briargate real estate market saw a total of 550 homes sell in 2009, with the most homes sold in the summer months and the least amount of homes (29) sold in February and March 2009. This is a very similar pattern to last year, as most people looking to buy a home for sale in Academy School District 20 (all of Briargate) move during the summer months, while the kids are on summer vacation. Briargate Real Estate: Average Days on Market, by Month:
Comments: For the homes in Briargate that SOLD in 2009, the days on market statistics are all over the board. The highest average days on market was just under 4 months (119 days in January 2009), which is good news for Briargate home sellers. Briargate annual average was just 89 days on the market – Under 3 Months! “Technically” the Briargate real estate market is in a normal market, still bordering on a Seller’s Market – defined by homes on the market LESS than 4 months. Briargate Real Estate: Median and Average Sale Price, by Month:
Comments: In 2009, Briargate homes sold for the most money in the Springs and Fall months. The average sales price for Briargate homes was $294,760 and the median sales price was $279,658. These prices are slighly lower than last year. (Average sales price is determined by adding up all the sales prices and dividing by how many sales happened. Median sales price is determined by finding the mid-way point between the highest and lowest price of sold homes. In some real estate markets, the median sales price is a better indicator of sales prices, as a random super-high or super-low sales price can thwart an average.) Find the Value of YourBriargate Home Popular Briargate Home Searches:
Based on Briargate real estate single family home information from the Pikes Peak REALTOR Services Corp. (”RSC”), for January-December 2009 . RSC does not guarantee or is in any way responsible for its accuracy. Data maintained by RSC may not reflect all real estate activity in the market.
Thanks for reading our Colorado Springs Real Estate Blog! Posted on January 20th, 2010 by Mariana Wagner
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Colorado Springs Foreclosure Report for 2009
Here is the Colorado Springs real estate market foreclosure report for 2009. Colorado Springs saw 1,487 foreclosure or pre-foreclose homes sell in 2009. Foreclosures made up 24% of all homes sales in Colorado Springs last year. Here is how the foreclosure sales were represented throughout the city:
Check Out: Colorado Springs Foreclosure and Short Sale Information How does this break down per area? Briargate Real Estate Market: 71 foreclosures Briargate had only 5% of the city’s sold foreclosures. I would attribute this to the general higher price point of the homes in Briargate as well as the fact that most Briargate home buyers have owned a home in the past and had enough mortgage savvy not to get into a “bad loan”. Briargate DID have the least concentration of foreclosures per area. Central and Downtown Real Estate Markets: 190 foreclosures Central and Downtown Colorado Springs has a lot of smaller homes. Because of this, there are more homes in this area and more opportunities for foreclosure. Additionally, there are a lot of lower priced homes in central Colorado Springs which were very appealing to first time home buyers who maybe should NOT have qualified to buy a home. Eastside Colorado Springs Real Estate Market: 169 foreclosures Like central Colorado Springs, the Eastside has a lot of smaller and less expensive homes – which gives us more potential for foreclosures in this area. Northeast Colorado Springs Real Estate Market: 174 foreclosures The Northeast part of Colorado Springs is one of the largest areas of town, with more homes than almost any area.So, although this area was the 4th largest contributor to the city’s foreclosures, it is actually right in line with the city average. Northwest Colorado Springs Real Estate Market: 44 foreclosures The Northwest part of Colorado Springs wins as having the fewest foreclosures AND the 2nd lowest concentration of forecloses within its area. Northgate and Flying Horse Real Estate Markets: 48 foreclosures The homes in Flying Horse and Northgate are larger, sit on larger lots and generally (like Briargate) are not first-time-home buyer homes. In addition to this, the geographic area is smaller. All of this leads to a very small number of foreclosures. Old Colorado City and Westside Colorado Springs Real Estate Markets: 88 foreclosures The Old Colorado City and Westside areas of Colorado Springs sat right at the city average and right in the middle of the scale when representing area foreclosures. Powers, Marksheffel and Banning Lewis Ranch Real Estate Markets: 315 foreclosures This area contributed the MOST foreclosure sales to the Colorado Springs real estate market in 2009. I attribute this to how new the area is and how many people bought new homes with the Adjustable Rate Mortgage. However, this is one of the largest and most densely packed areas of the city, so the actual ratio of sold homes to foreclosure sales was not much higher than the city average. Southeast Colorado Springs Real Estate Markets: 289 foreclosures Southeast Colorado Springs was the second highest contributor to the Colorado Springs Foreclosure sale market, at 19%. However, it DID rank the highest for foreclosure sales concentration per area. Southwest Colorado Springs and Broadmoor Real Estate Markets: 99 foreclosures Southwest Colorado Springs has a drastic difference in property area types. The eastern part of this area has some of the lowest priced homes in the city, whereas the western parts have some of the most expensive homes ever built and sold in Colorado Springs. This always is “interesting” when trying to accurately compare this area to other real estate markets. So, although the graph shows that the Powers Area was the largest contributor to foreclosures, it is interesting to note that it was the S/E and Central areas of Colorado Springs that had the highest concentrations of foreclosures sell in 2009. Search All Homes for Sale in Colorado SpringsSearch All Colorado Springs ForeclosuresSearch All Colorado Springs
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