Highlands Ranch Real Estate ~ Firelight Home Sales
October 2009
Firelight Highlands Ranch home sales took a dip in October from September. However I took a sneak peak to November and already eight houses have sold in November. All but one house that sold in October sold for in the high 80% of the original listing price. One of the homes sold was a bank owned property and it sold for significantly less per square foot that the other homes. $110 per square foot compared to $140 or more per square foot.
The home sales in Firelight are about 74% of where they were last year this time and as in many other neighborhoods in Highlands Ranch the average days on the market has increased noticably. Some of this increase in days on market is because short sales are typically on the market for a lengthy period of time before closing pushing the average days on the market higher.
Firelight Highlands Ranch Home Sales
|
Sept |
Oct |
| Closed Sales |
12
|
6 |
| Average Sales Price |
$303,228 |
$396,833 |
| % of Original List Price |
93.1 |
89.1 |
| Average Days on Market |
167 |
71 |
| Average Price /sq ft |
$154 |
$142 |
Days on Market = total days on market.
Firelight Home Sales comparison 2009 vs. 2008
From Jan 1st to Oct 31st
| Yearly Comparison |
2009
|
2008 |
| Closed Sales |
90 |
121 |
| Average Sold Price |
$344,145 |
$371,096 |
| Lowest Sold Price |
$225,000 |
$234,500 |
| Highest Sold Price |
$700,000 |
$750,000 |
| Average % of Original List Price |
93.8% |
95.6% |
| Lowest % of Original List Price |
80% |
81.9% |
| Highest % of Original List Price |
104.3% |
103.6% |
| Average Days on Market |
94 |
67 |
| Lowest Days on Market |
0 |
0 |
| Highest Days on Market |
625 |
380 |
| Average Price per Sq Foot |
$153/sf |
$157/sf |
| Lowest Price per Sq Foot |
$110/sf |
$124/sf |
| Highest Price per Sq Ft |
$224/sf |
$234/sf |
As of Nov 22nd, 2009 there are 54 homes for sale in Firelight Highlands Ranch. The listing prices range from $269,000 to $749,500. The price per square foot ranges from $109 to $213 per square foot.
Search homes for sale in Firelight
Closed Sales in Firelight Highlands Ranch from Jan 07 to Jul 09
This Highlands Ranch Neighborhood Market Report is brought to you by Rita Burke, Kenna Real Estate. The report is for detached residential single family homes only and may not include all sales activity in the area. Figures for sold prices used are NET sold price, price after seller concessions or down payment assistance, if they were any. This report or any part of it may not be used without permission.
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*Disclaimer: Data based on information from Metrolist, Inc. for period of 1/1/2007 through 8/30/2009. Metrolist Inc. does not guarantee nor is any way responsible for its accuracy. Content maintained by Metrolist Inc. may not reflect all real estate activity in the market. Information is deemed reliable but not guaranteed. Reported sales were not necessarily listed or sold by Kenna real estate and are intended only to show trends in the area.
Disclaimer: Kenna Real Estate Blog does not guarantee nor is in any way responsible for the accuracy of the information provided herein, and provides said information without warranties of any kind, either expressed or implied.
Copyright 2009.© Kenna Real Estate. Rita Burke. All Rights Reserved. Aug 30th 2009. "Firelight Highlands Ranch CO Real Estate Trends"
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