Highlands Ranch, CO 80129
Fri Nov 16 2018
This week the median list price for Highlands Ranch, CO 80129 is $466,500 with the market action index hovering around 73. This is less than last month's market action index of 75. Inventory has held steady at or around 28.
Market Action Index
The Market Action Index answers the question "How's the Market?" by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies Seller's Market conditions. Below 30, conditions favor the buyer.
The market remains in a relative stasis in terms of sales to inventory and prices have been relatively stable for a few weeks. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.
Comments (0)Subscribe to CommentsComment