Highlands Ranch Real Estate – Market Data for July 2010
These are the key statistics for real estate data in Highlands Ranch, Colorado for mostly the July time frame. Since Highlands Ranch is wide ranging in size and price range, and broken down into three zip codes, it may be best to take a look at the average price per square foot numbers.
Homes will vary in the different areas as far as size, etc…so this number generally reflects an average for the area without the big price swings that go along with different size homes. Of course, location, improvements, condition and such definitely factor into pricing any individual home.
| 80126 | 80129 | 80130 | |
| Active | 274 | 178 | 214 |
| Under Contract | 71 | 37 | 47 |
| Sold | 43 | 24 | 15 |
| Avg. Days on Market (active) | 120 | 84 | 98 |
| Avg. Days on Market (under contract) | 71 | 78 | 120 |
| Avg. Days on Market (sold) | 82 | 64 | 89 |
| Avg. List Price (active) | $508,664 | $341,618 | $454,150 |
| Avg. List Price (under contract) | $419,388 | $282,512 | $286,667 |
| Avg. List Price (sold) | $401,874 | $393,442 | $331,171 |
| Avg. Price/sq. ft. (active) | $172 | $162 | $174 |
| Avg. Price/sq. ft. (under contract) | $162 | $149 | $144 |
| Avg. Price/sq. ft. (sold) | $166 | $157 | $159 |
| Months of Inventory | 6.4 | 7.4 | 14.27 |
(Source: Metrolist. Figures deemed reliable but not guaranteed. Statistics for the period 7/2 – 8/2, 2010. For single family detached residential only)
So there are the Highlands Ranch real estate figures. A balanced market has around six months of inventory. July shows Highlands Ranch to be a buyer’s market in all areas based on these total figures. Looking at the 80130 zip code area, this is very much a buyer’s market. Of course, real estate is always very local, usually hyper-local. So any particular neighborhood may have different results than these. However, this is a good indication of where we’re at right now.
An effective marketing plan, excellent showing condition and a very effective pricing plan remain key ingredients for homeowners trying to sell in this market. Buyers continue to have the advantage of good inventory, prices and interest rates which really boost their buying power.
If you are looking to buy or sell a home in the Highlands Ranch real estate market, I would like to help. Having a consultant to keep an eye on the trends and stay on top of the local market is a very valuable asset.
Click Here to Search All Denver and Highlands Ranch Real Estate
Steve Scheer, Denver REALTOR®
For More Info on Denver & The Suburbs:
Highlands Ranch Real Estate
Greenwood Village Real Estate
Denver Real Estate
Lone Tree Real Estate
If you would like more information on the Denver area or more information on Highlands Ranch real estate, contact Steve at 720-849-6101.
Other articles that may be interesting to you:
Highlands Ranch Ranked as Best Place to Live by CNN Money
What is the Best Highlands Ranch CO Neighborhood?
Highlands Ranch Neighborhoods With A Pool
