Is Briargate, CO a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Briargate is a buyer's market

Buyer's
Market

Difference Since Last Month

Since last month, Briargate has remained a Buyer's Market.

Key Takeaway

Briargate is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Briargate, CO

How much do homes in Briargate, CO cost?

Median Sold Price

$542,500

$207/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

+$37,500(+7.4%)

Key Takeaway

Homes in Briargate have sold for 7.4% more than they did a month ago.

Summary: The median home sold price in Briargate was $542,500 in November 2024, up 7.4% from last month, and the median price per square foot was $207.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 $317.4K-
N/A
3 $443.7K$410K
-7.6%
4 $505K$532.5K
+5.4%
5+ $614.5K$545K
-11.3%

Summary: Briargate housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 7.6%, 4 bedroom homes increased by 5.4%, and 5+ bedroom homes decreased by 11.3%.

Median Sold Price Compared To Nearby Neighborhoods

Misty Meadows
+54.9%
Briargate
+7.4%
Briargate Area
-1.5%

Housing Supply in Briargate, CO

How many homes are available in Briargate, CO?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
7897+24.4%

Summary: The Briargate real estate market had 97 homes for sale in November 2024, a 24.4% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 02
+100.0%
2 1212
0.0%
3 1924
+26.3%
4 2533
+32.0%
5+ 2226
+18.2%

Summary: The Briargate housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes remained the same, 3 bedroom homes increased by 26.3%, 4 bedroom homes increased by 32%, and 5+ bedroom homes increased by 18.2%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
1110-9.1%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Briargate, you may be able to get a good deal. 40% of homes here sold below asking price last month.

Summary: A total of 10 homes were sold or pending in Briargate in November 2024, down by 9.1% month-over-month. Of the 10 sold homes, 40% were sold under asking, 30% were sold at asking, and 30% were sold over asking.

Days on Market for Briargate, CO

How long does it take to sell a home in Briargate, CO?

Average Sale Time

Oct 2024Nov 2024CHANGE
35 Days39 Days+10.9%

Summary: Homes in Briargate had an average of 39 days on market in Nov 2024, up by 10.9% compared to last month.

Breakdown of Home Sale Times

5 Homes Were Sold
Under 30 Days

5 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Briargate are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 10 homes were sold in Briargate; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 22 Days Ago

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