Wed Dec 12 2018
This week the median list price for Highlands Ranch, CO 80129 is $450,000 with the market action index hovering around 69. This is less than last month's market action index of 72. Inventory has held steady at or around 19.
Highlands Ranch 80129 homes for sale
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.
Strong Seller's Market
The market has been cooling over time and prices have recently flattened. Despite the consistent decrease in Market Action Index (MAI), we’re in a Seller’s Market (where significant demand leaves little inventory available). If the MAI begins to climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.
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