Highlands Ranch Market Statistics – 80129
These statistics represent the real estate market activity in Highlands Ranch for the zip code of 80129 (for 1/1/2010 – 2/1/2010).
This is one of three zip codes which make up Highlands Ranch. These statistics are for single family residential, detached homes and not condos or townhomes.
|
Avg. Price |
Avg. Days on Market |
Avg. Price per Sq. Foot |
Lowest Price |
Highest Price |
Total Listings |
|
|
Active Listings |
$379,114 |
105 |
$170 |
$214,900 |
$900,000 |
109 |
|
Under Contract Listings |
$375,275 |
119 |
$166 |
$209,900 |
$870,000 |
32 |
|
Sold Listings |
$327,975 |
118 |
$150 |
$210,000 |
$710,000 |
16 |
(Based on information from Metrolist, Inc. for the period 1/1/10 – 2/1/10. Note: This representation is based in whole or in part on data supplied by Metrolist, Inc. Metrolist, Inc. does not guarantee nor is in any way responsible for its accuracy. Data maintained by Metrolist, Inc. may not reflect all real estate activity in the market.)
According to the data on the table above, active sellers are pricing their homes in line with those that have gone under contract. There is a bigger difference in values when looking at sold home prices and price per square foot versus active and under contract homes. This can be accounted for in the wide price range for this zip code. This price range is reflected in the lowest and highest columns and there is a big shift.
Pricing is important in this market segment of Highlands Ranch as it is everywhere in the Denver real estate market. The absorption rate for this month only is just under 7 months of inventory! So, if you have a home in this zip code and you want to sell in the next 45-60 days then you definitely need to pay attention to pricing and continue to keep up on the market trends for this segment.
If you are considering selling or buying a home in the Denver metro area, and you would like to discuss an effective strategy for your success then please contact me, I would love to help.
Interested in more information about Highlands Ranch? Read More:
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Steve Scheer, Denver Realty Partners
Real Estate in Denver & The Suburbs
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If you would like more information on the Denver area or more information on Denver real estate, contact Steve at 720-849-6101 or email at sold@SteveScheer.com .
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