So maybe you have been curious about the Highlands Ranch real estate market now that we are into the “slow season”.  Looking at the data above for the last 3 months, it may have already been the “slow season”.  I haven’t posted these statistics since August, so I thought I would share the data with you.

The good news is that the Highlands Ranch real estate market is not flooded with inventory.  In fact, it is pretty low with inventory at this point.  Same is true with the broader regional market. In every price range in the chart, with the exception of the above $900K range, there is less than 2.5 months of inventory! WOW.

Sellers: inventory levels are in your favor.  If you are on the market, remain competitive on price, condition and allow showings.  I know the holiday season is already stressful, however with way slower sales you need every potential buyer looking at your home and impressed with what they see.  There is not as much competition with other sellers, but with so few buyers it’s all relative anyway.

Buyers: inventory levels are not in your favor. Interest rates still very much are! Your buying power is strong, but don’t expect sellers to just give away the home.  They are probably already priced effectively.  With fewer homes to choose from, don’t procrastinate.  If it is the home for you, buy it.  Who knows if inventory will dramatically increase, or when.  Your buying power is at an all time high now.

If you are looking to buy or sell real estate in Highlands Ranch, please let me know.  I can help.  I live here, work here and know the market. I’ll be honest, fair and exceed your expectations.

 August 2011 Denver real estate market statistics by zip code.

Little late posting this, but I had made & saved the chart, so I may as well as I know there are those out there that like to compare the numbers of home sales prices.

Denver area & suburbs real estate statistics for September – November 2011 coming right up.

If you’re looking to sell or buy in Highlands Ranch or anywhere in the Denver area, contact me I would love to help.

Highlands Ranch real estate inventory remains pretty low again this month. There is less to choose from and fewer buyers making these choices.  Surprisingly, since interest rates remain at all time lows and sellers are mostly pricing very competitively.  Another sign of the times, I think, with concern about the economy in general. The months of inventory for homes priced above $500k have crept up some making the switch to a buyer’s market for the most part, with the exception this month for the $900k-$1M market.

So now more than ever, sellers need to stay focused on price, condition and keep in tune with the market. We’re winding down the summer season and heading into Fall. There are still plenty of folks that want to purchase their home this year and settle in before the holidays.  So keep competitive and ready.

Buyers can still take advantage of the biggest factor in leveraging your purchasing power, interest rates! Rates impact buying power far more than typical price adjustments.  So with less inventory to pick from, when you find the right home it is a great time to “pull the trigger” and make it happen. The best inventory still sells the fastest, always.

If you’re looking to sell or buy in Highlands Ranch or anywhere in the Denver area, contact me I would love to help.

 Well we’re into the second half of the year already so let’s look at July’s figures.  I see a lot of RED!  Understandably, the inventory levels are less than in previous years but let’s not get caught up in all of that.  Let’s look at what we have right now.  To me it looks pretty good.

Sellers in most South Denver real estate zip codes are looking at fairly low months of inventory.  Sellers in areas such as Parker, Highlands Ranch, Lone Tree and Englewood all enjoy a seller’s real estate market.  Like I always say however, an overpriced home in less than good condition will struggle to sell in any market.  So sellers need to stay focused on price and condition.

Buyers never fear!  There is still enough inventory out there for you to find the perfect home.  Take advantage now of these all time low rates which improve your buying power tremendously based on mortgage qualification and monthly payments.  If you find the home you like, act on it.  It is a great time to buy, really.

If you are looking to buy your next home or maybe sell your current home, please contact me and let’s see how I can help.  I’m active in the market and stay current on real estate values and trends.

720-849-6101

July statistics indicate that Highlands Ranch real estate is pretty balanced in nearly all price ranges.  Overall inventory is still lower than previous years numbers, however for the inventory we have to work with, things look optimistic for sellers.

The bulk of the activity is once again, between $200-$400k.  This price range is attractive to many first time home buyers and with interest rates now at incredible lows, I forsee this activity to continue through the August statistics.

Sellers can know that the inventory levels favor them as far as supply/demand in the Highlands Ranch real estate market.  However, I caution again that an overpriced home in less than good condition will struggle to sell in any market.  Pay attention to the trends in your neighborhood.

Buyers continue to have mortgage rates at all time lows, so if you are borrowing to purchase your Highlands Ranch home then now may be the strongest buying power you may have, maybe ever.  Take advantage of the mortgage markets and if you find the home you love, act on it more sooner than later.  Supply remains low and the best inventory never lasts long.

If you want help finding your next Highlands Ranch home or selling your existing home, please let me know.  I follow the market values and with nearly two decades of experience, I would love to help you out as well.