Highlands Ranch Market Report, Highlands Ranch Colorado, 80126, Douglas County
Market trends in Highlands Ranch show buyers at an advantage, and a very wide inventory of single family homes as well as condos and town homes.
Highlands Ranch Market Report, Highlands Ranch Colorado, 80126, Douglas County
Highlands Ranch Colorado has become a very popular place to live, and its current Real Estate market indicates it will continue to be just as in style with home owners in the coming months.
There are 89 single family, detached houses currently active on the market in Highlands Ranch. These homes have been on the market an average of 84 days and are listed at an average of $507,500 which breaks down to roughly $178 per square foot.
The 221 Highlands Ranch homes currently under contract very much reflect the statistics of the active homes, with an average price a bit lower at $411,749 or $171 per square foot, and a shorter time on the market, an average of 53 days.
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In the past three months, 271 homes in Highlands Ranch have sold with an average list price of $360,534 and an average sold price of $354,117 after an average of 56 day on the market. In the same time frame, several hundred single family homes have been with drawn from the market in the area.
The market for condos and town homes in Highlands Ranch is also very fluid, with 10 properties currently for sale at an average of $376,888 and 30 days on the market. In the past three months, 28 condos have sold with an average list price of $257,491 and sold price of $251,657, after being on the market for an average of 36 days. In the same period, 186 condos and town homes were with drawn from the market.
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Homes in Highlands Ranch are sitting on the market a little bit longer than they have been in the previous three month period; however, they are still selling at a rapid rate which leads to the conclusion that Highlands Ranch homes are very much in demand. Furthermore, with so much inventory, buyers in the area are most definitely at an advantage, which is causing many sellers to withdraw there homes from the market.
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*As reported by all realtors through the Metrolist service. All infomation deemed reliable but not guaranteed.
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Cory Fitzsimmons, Blue Sky Home Group, Lakewood, CO 720-581-2885
www.housefitz.com Denver investment property Denver Income property
Your Denver Metro Broker-Associate and REALTOR® "Out standing in my Field"
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The information contained in Cory's blog is deemed reliable but is not guaranteed, and the opinions and views expressed in these articles are solely those of the author.
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