Real Estate in Denver and the Suburbs

April 2008 - Highlands Ranch Real Estate - Lone Tree Real Estate - Sales & Market Trends in Denver's Suburbs

The Highlands Ranch and Lone Tree areas of Denver's south metro real estate market are still seeing decent activity.  THis is the area that is found in the Denver MLS as DHL.

I dislike repeating the same mantra - but price and condition are going to be key if you are a home seller right now.  With that said, activity is up with an increase in closed sales and pending home sales in Highlands Ranch and Lone Tree, especially in regards to single family homes.  Condos and Town Home sales in the area are a bit slower but there is still activity.

Here are the DHL Douglas County - Highlands Ranch & Lone Tree numbers for April 2008.

Highlands Ranch & Lone Tree Single Family Homes

Total Active 697
Average Asking Price Price $474,089
Listings Back on Market 69
Sold 150
Average Price Actually Sold $345,812
% of List Price 97%
Days on Market 71
Under Contract 235
Expired Listings 36 

Highlands Ranch & Lone Tree Condos & Town Homes

Total Active 154
Average Asking Price $260,932
Listings Back on Market 15
Sold 26
Average Price actually sold $215,667
% of List Price 98%
Days on Market 100
Under Contract 34
Expired Listings 9

*Statistics from MLS deemed accurate but not guaranteed.

*These numbers may not include homes that are sold by owner (FSBO) and New Construction

Steve Scheer, RE/MAX Masters, Inc.