Heritage Hills Lone Tree CO Homes Aug 09

By
Real Estate Broker/Owner with Kenna Real Estate ER40035749

Heritage Hills Lone Tree CO homes continued to sell at a similar page in August 09 as in the past couple of months. The total sale for the year are almost at 2008 level. The average days on the market rose noticeably. One of the reasons is that the inventory that has been sitting on the market is moving.  There are six homes for sale in the Enclave of Heritage Hills which consist of patio homes.

2009
Jun Jul Aug
Closed Sales 3 5 4
Average Sales Price $746,667 $1,087,387 $881,375
Median Sales Price $665,000 $1,059,000 $893,500
% of Original List Price 92% 91.5% 94.3%
Average Days on Market 77 73 345
Average Price /sq ft $233/sf $283/sf $273/sf
Pending 9 6 6
Number of Active Listings 34 44 46
New Listings 6 11 7

Days on Market = total days on market.

As of Sept 13th, 2009, there are 45 active Residential listings on the market in Heritage Hills in Lone Tree. The current range of prices is $515,000 to two million dollars. The price range for price per square foot is from $166 to $391.

Heritage Hills Homes for Sale/on the market

 

Yearly Comparison 2009
2008
Closed Sales 20 23
Average Sold Price $883,722 $924,455
Lowest Sold Price $467,000 $414,744
Highest Sold Price $1,752,882 $1,499,000
Average % of Original List Price 92.2% 88.6%
Lowest % of Original List Price 75.4% 73.2%
Highest % of Original List Price 100% 99.4%
Average Days on Market 185 137
Lowest Days on Market 0 1
Highest Days on Market 719 456
Average Price per Sq Foot $250/sf $251/sf
Lowest Price per Sq Foot $137/sf $170/sf
Highest Price per Sq Ft $439/sf $352/sf

 


Number of Homes sold in Heritage Hills since 2006 per month


 Average Days on Market


Percent of Original List Price Received at Sale
 


Average Price per square foot
(above ground square feet, does not include finished basements)
 

Some of the numbers used in this market watch are for only one month of activity. Therefore they can sometimes look extreme due to the small sample size.

If you have any questions or would like a custom Market Report for a specific area feel free to contact us at Kenna Real Estate

Related Reading:
Heritage Hills subdivision information

This Heritage Hills Lone Tree 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 offered.  This report or any part of it may not be used without permission from Rita Burke.

*Disclaimer: Data based on information from Metrolist, Inc. from 1/1/2006 to 9/13/2009. 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. Lone Tree Real Estate. Sep 13th 2009. "Heritage Hills Lone Tree Homes Aug 09"

Comments (1)

Kent Anderson
Coldwell Banker Resort Realty, Sandpoint, Idaho - Sandpoint, ID
from Schweitzer to the Lake

Not bad for having 46 active listings.  Maybe there's hope.

Sep 13, 2009 10:02 AM

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