Mariana Wagner

Briargate Category

Briargate Real Estate Market Statistics for 2011 | Days on Market

The homes in the Briargate real estate market were on the market an average of 92 days (3 months) before accepting an offer.

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The Briargate homes that sold in April were on the market the longest, at 128 days (4 months). Homes that sold in October sold in an average of less than 2 months. Additionally, homes in Briargate that sold in October got a higher average sales price of $309,527. This is the highest average sales price than any other month in 2011.

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*Note: This data reflects only the days on market for homes that sold, and does not include data if the home was listed, taken off the market for 30+ days and then re-listed.

Based on information from the Pikes Peak REALTOR Services Corp. (”RSC”), Colorado Springs real estate data for January-December 2011 .  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.

January 21st, 2012 by Mariana Wagner | Leave A Comment

Colorado Springs Housing Market Snapshot for April 2011

The Colorado Springs real estate market is quite diverse. House prices and sales vary widely from neighborhood to neighborhood. Here is a housing market snapshot for the different areas of Colorado Springs, for April 2011.

In about half the areas, inventory went down and sales went up for 2 months in a row!  Other areas saw an increase in average sales price. So, there appears to be good news in almost ALL areas on Colorado Springs this Spring!

Black Forest

• 155 available homes and 20 sales
• Average sales price: $387,670
• Search Homes for Sale in Black Forest

Briargate

• 245 available homes and 58 sales
• Average sales price: $290,675
• Search Homes for Sale in Briargate

Central & Downtown

• 270 available homes and 43 sales
• Average sales price: $145,153
• Search Homes for Sale in Central and Downtown Colorado Springs

Eastside

• 209 available homes and 47 sales
• Average sales price: $159,761
• About East Colorado Springs

Northeast

• 290 available homes and 64 sales
• Average sales price: $192,521
• About NE Colorado Springs

Northwest

• 179 available homes and 19 sales
• Average sales price: $303,243
• About NW Colorado Springs

Northgate and Flying Horse

• 175 available homes and 19 sales
• Average sales price: $309,213
• Search Homes for Sale in Flying Horse

Old Colorado City

• 87 available homes and 20 sales
• Average sales price: $171,364
• Search Homes for Sale in Old Colorado City

Southeast

• 202 available homes and 56 sales
• Average sales price: $122,515
• About SE Colorado Springs

Southwest and Broadmoor

• 315 available homes and 42 sales
• Average sales price: $312,565
• Search All Homes for Sale Near the Broadmoor Hotel

Westside

• 99 available homes and 14 sales
• Average sales price: $330,421
• About West Colorado Springs

Based on information from the Pikes Peak REALTOR Services Corp. (”RSC”), Colorado Springs MLS, for April 2011.  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.

For a detailed sales information on your specific neighborhood,
please contact the Wagner iTeam: 719.434.8346

May 4th, 2011 by Mariana Wagner | Leave A Comment

Is an Academy School District 20 Foreclosure a Good Deal?

The Colorado Springs Real Estate Connection works with a lot of people looking of buy a home in Academy School District 20, which encompasses most northern Colorado Springs neighborhoods and includes zip codes 80920, 80921, 80924 and 80908.

(See below for a list of the current available Academy District 20 Foreclosures.)

We also get a lot of questions about whether or not buying a foreclosure in these areas is a good idea. Everyone is looking for a good deal in this economy and this is a natural question.

Read Also:  Buying a Colorado Springs Foreclosure or Bank Owned Home

Here is some information that can help you make the decision as to whether buying a District 20 foreclosure is right for you.

The Facts

Since the beginning of 2011 …

• 20.9% of all home sales in this area has been a distressed property* (foreclosure, pre-foreclosure, short sale, bank owned home, etc.) *Homes marked as distressed in the MLS. Some properties may not have been properly identified, but not enough to sway the findings significantly.
• The median sales price for a foreclosure was $213,000, whereas the median price for a non-foreclosure was $309,000.

Things to Consider

• The majority of foreclosures were in neighborhoods with lower priced homes, in general.
• The higher average sales price of a neighborhood, the lower percentage of foreclosed homes were even available.

Are Foreclosures a Better Deal?

If you are looking for a “foreclosure deal” in the Academy District 20 real estate market, you will find them in the lower priced homes. However, be prepared to spend the time it takes to close on these properties and the money it may take to get the homes up to your standard of living. (Maintenance is the first thing to go when a home is going through foreclosure.) If you are willing to do this, then you may score a great “deal”.

If you are looking for a higher priced home, you can probably close in a fairly quick amount of time and move-into a clean and ready home. However, you will more than likely be paying market value. But it could be well worth it.

For more information on buying a foreclosure, or non-foreclosure home in Academy School District 20, please contact the Wagner iTeam 719.434.8346

Current available Academy District 20 Foreclosures.

Showing properties 1 - 1 of 1. See more Academy District 20 Foreclosure Homes.
(all data current as of 2/3/2012)

1. $198,000 : 8130 Lythrum Ct, Colorado Springs
   
   4 beds, 3 full baths

   Home size: 2,129 sq ft

   Lot size: 7,871 sq ft

   Listed with MB-Sunshine Real Estate

Listing information deemed reliable but not guaranteed. Read full disclaimer.

March 15th, 2011 by Mariana Wagner | Leave A Comment

Briargate Real Estate Market Report for January 2011

Here is the Briargate Real Estate Market report for January 2011 – brought to you by the Colorado Springs Real Estate Connection.

Search All Homes for Sale in Briargate
and Pine Creek

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 real estate market, Cordera real estate market, Wolf Ranch real estate market, Windjammer, Cumbre Vista, Fairfax and Gatehouse Village real estate markets.

Check Out: Academy School District 20 Homes for Sale Under $200k

Zip Codes Include: 80920 (West of Powers) ad 80924 (East of Powers)

Homes for Sale in Briargate

• Active Listings: 230  homes
• Sold Listings: 28 sales [12%]

Briargate Home Sales Price Information

• Median Sales Price: $269,950
• Average Sales Price: $263,896
• Sale Price to List Price Ratio: 97.4%

Days on Market for Briargate homes

• Average Days on Market: 91 days

Popular Briargate Home Searches:

• Search Homes for Sale in Wolf Ranch
• Search Homes for Sale in Cordera
• Search All Pine Creek and Briargate Townhomes and Condos for Sale
• Search ALL Homes for Sale in 80920

Based on single family home information from the Pikes Peak REALTOR Services Corp. (”RSC”), for January 2011.  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.

February 8th, 2011 by Mariana Wagner | Leave A Comment

Briargate Real Estate Market Report for December 2010

Here is the Briargate Real Estate Market report for December 2010 – brought to you by the Colorado Springs Real Estate Connection.

Search All Homes for Sale in Briargate
and Pine Creek

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 real estate market, Cordera real estate market, Wolf Ranch real estate market, Windjammer, Cumbre Vista, Fairfax and Gatehouse Village real estate markets.

Check Out: Academy School District 20 Homes for Sale Under $200k

Zip Codes Include: 80920 (West of Powers) ad 80924 (East of Powers)

Homes for Sale in Briargate

• Active Listings: 240  homes
• Sold Listings: 35 sales [14%]

Briargate Home Sales Price Information

• Median Sales Price: $274,500
• Average Sales Price: $289,143
• Sale Price to List Price Ratio: 97.7%

Days on Market for Briargate homes

• Average Days on Market: 108 days

Popular Briargate Home Searches:

• Search Homes for Sale in Wolf Ranch
• Search Homes for Sale in Cordera
• Search All Pine Creek and Briargate Townhomes and Condos for Sale
• Search ALL Homes for Sale in 80920

Based on single family home information from the Pikes Peak REALTOR Services Corp. (”RSC”), for December 2010 .  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.

January 14th, 2011 by Mariana Wagner | Leave A Comment