August 2010 Condominium Real Estate Market Statistics Highlands Ranch Colorado

Not unlike the market statistics for residential homes, condominum and town home properties sold in August 2010 show a decrease from August 2009 sales.  However, in the case of condominiums and town homes the decrease is even more significant.  When you consider that during this period last year there was a push to reach the final date of the original 1st Time Home Buyer Tax Credit a reduction in sales was probably expected, but this significant?

Residential home prices in Highlands Ranch Colorado have remained fairly steady with a modest adjustment, again from the push for the tax credit last year vs. more moderate prices in 2010.  Condominum and town home's lost significantly more value when compared to last year's sales.

Closed Condos - Douglas, Highlands Ranch, Lone Tree (DHL)      
Category Aug, 2009 Aug, 2010 % Change
# of Closed Sales - Month 31 18 -41.9%
# of Closed Sales - YTD 168 167 -0.6%
Avg. Days on Market 90 94 4.4%
# of Active Listings 120 159 32.5%
# of New Listings 57 96 68.4%
Absorption Rate (in Months) 4.2 8.4 100.0%
Average Price (Sold) 235,508 210,685 -10.2%

If you have any questions or would like more information, call Carrie at (303) 931-3629.

 

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Highlands Ranch Colorado Realtors Carrie and Kathy SampronCarrie & Kathy Sampron
Highlands Ranch Colorado Realtor / Sampron Sisters of Home Smart Realty Group
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Carrie Sampron, ABR SFR & Kathy Sampron (303) 931-3629 Highlands Ranch (Home Smart Realty Group) Rainmaker_large

Carrie Sampron, ABR SFR & Kathy Sampron (303) 931-3629 Highlands Ranch

Highlands Ranch, CO

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Home Smart Realty Group

Address: 13111 E. Briarwood Ave., Centennial, CO, 80112

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