Mon Jan 14 2019
This week the median list price for Highlands Ranch, CO 80129 is $465,000 with the market action index hovering around 66. This is about the same as last month's market action index of 66. Inventory has held steady at or around 17.
Highlands Ranch 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 plateaued for a while. Despite the consistent decrease in MAI, we’re in the Seller’s zone. Watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.
Comments(1)