Briargate Colorado Springs 80920 Stats – April 2011 to April 2012

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

Sold Listings:

• 52

Median Sales Price:

• 276,900

Average Sales Price:

• 278,295

Median List Price:

• 276,900

Sale Price to List Price %:

• 98.9

Currently, the Average Days on the Market is 80.

Comparisons to last month show Briargate has experienced a healthy increase in sales numbers, 37 to 52.  Nonetheless, there has been some elasticity regarding average sales prices, bouncing up and down, depending upon the month.  Entering this winter market, prices radically decreased across the board, including an 80K dip in median sales prices, almost a decrease of 73K for average sales prices, and a 75K slip in median list prices.  Yet, there is now an increase in all those numbers varying around $20,000.

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 Real Estate, 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 April 2011 through April 2012.  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.

Powers Colorado Springs 80922 and 80923 Stats – April 2011 to April 2012

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

Sold Listings:

• 84

Median Sales Price:

• 197,500

Average Sales Price:

• 199,786

Median List Price:

• 199,400

Sale Price to List Price %:

• 98.7

Currently, the Average Days on the Market is 73.

In comparison to last month, the number of sold listings has continually increased from 79 to 84, as the median sales price also increased $12,500, and the actual sales price actually increased about $15,000 to the reports of last month, creating some new floating margins of home value stabilization.

Powers Colorado Springs Neighborhoods typifies the housing growth on the eastern part of Colorado Springs.  If you’re looking for property around the 200K mark, then this area offers a variety of home selections, plus having the new growth of movie theatres, shopping, dining, and such.  There are plans for the Powers Corridor to extend to I-25 in the future, making convenience to many parts of our beautiful city an extra added benefit.

To purchase Colorado Springs Real Estate, 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 April 2011 through April 2012.  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.

As a Colorado Springs CO Realtor, I work with a variety of buyers in the Colorado Springs Real Estate market. It’s a given that certain price points and available financing help to determine what type of home a particular buyer will purchase, as well as what type of neighborhood he or she will select in making this very important acquisition.

Yet, I am noticing some trends that seem to pervade against the economic trends of the raw numbers about real estate.

People are not sticking to stringent budgets or settling for less when they are really on the hunt for their next residential purchase. Instead, they are shopping for value.

And that’s what we’re seeing in the new construction of Colorado Springs Homes, as well as those properties that are being listed by existing Sellers. An effort to upgrade home quality applies to both of these categories of Sellers (New and Existing), and buyers have taken a close look at which properties exude the dazzling brilliance of value, ranging from interior to exterior upgrades.

With that said, buyers have an opportunity to purchase their dream home with little to no fix-up costs. And for Sellers, they are remaining steadfast on their listing prices due to the amount of money they have expended in beefing up the quality of their homes.

To purchase Colorado Spring Real Estate, 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

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.

First Quarter 2012 – Colorado Springs Real Estate Statistics

This analysis is brought to you by Bill McAfee of Empire Title of Colorado Springs.

Practically speaking, the numbers do speak for themselves. With lower inventory levels, buyers are buying what’s available on the Colorado Springs Real Estate market with lower margins between listing prices and actual sales prices. In fact we’re seeing many listing properties that have multiple offers being considered

2012 YTD vs. 2011 YTD

• Average Price DOWN 3.6%

• Median Price DOWN 2.3%

• Residential Units UP Sold 1.6%

• Inventory Levels DOWN 29.8%

• Number of Listings DOWN 26.4%

• Foreclosures DOWN 11.3%

• Interest Rates are at historic lows

Feel free to contact Colorado Springs Realtor, Cherise Selley, Active Licensed Broker/Owner of Selley Group Real Estate, LLC or you may contact our group of Colorado Springs Realtors @ www.selleygroup.com or 2139 Chuckwagon Rd, Ste 210 – Colorado Springs, Colorado 80919 – 719. 598. 5101

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

I know!  Who wants to listen to a 10:19 video?  A buyer, investor and/or seller who want to glean the most detailed information about the Colorado Springs Real Estate market, as presented by Ben Day of Selley Group Real Estate, LLC.

Within 10 minutes, you can begin to really understand and make prudent decisions about your next real estate purchase.

Pay attention and enjoy!

Feel free to contact Colorado Springs Realtor, Cherise Selley, Broker/Owner of Selley Group Real Estate, LLC or you may contact our group of Colorado Springs Realtors @ www.selleygroup.com or 2139 Chuckwagon Rd, Ste 210 – Colorado Springs, Colorado 80919 – 719. 598. 5101

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.