(Based on information from Metrolist, Inc. for the period 1/1/10 – 2/1/10.  Note:  This representation is based in whole or in part on data supplied by Metrolist, Inc. Metrolist, Inc. does not guarantee nor is in any way responsible for its accuracy.  Data maintained by Metrolist, Inc. may not reflect all real estate activity in the market.)

As you can see from the table above, there has been a good amount of real estate activity in the month of January for this area of Highlands Ranch.  Looking at the under contract and sold homes, the market suggests an average price of around $332,000 with an average price per square foot of around $155.

The current active, or unsold listings, indicate a potential need to adjust downward to attract a sale based on the current market statistics.  The absorption rate of this month only is approximately 6.45 months of inventory.  Therefore, if you are a home seller in this market segment and you would like to sell your home in the next 45-60 days, then pricing will be a key factor and paying attention to the numbers is vital to your success.

If you are considering selling or buying a home in the Denver metro area, and you would like to discuss an effective strategy for your success then please contact me, I would love to help.

Steve Scheer, Denver Realty Partners

Search all Denver & Denver Suburb Homes Here

If you would like more information on the Denver area or more information on Denver real estate, contact Steve at 720-849-6101 or email at sold@SteveScheer.com .

This is one of three zip codes which make up Highlands Ranch.  These statistics are for single family residential, detached homes and not condos or townhomes.

(Based on information from Metrolist, Inc. for the period 1/1/10 – 2/1/10.  Note:  This representation is based in whole or in part on data supplied by Metrolist, Inc. Metrolist, Inc. does not guarantee nor is in any way responsible for its accuracy.  Data maintained by Metrolist, Inc. may not reflect all real estate activity in the market.)

This zip code in Highlands Ranch represents the largest market segment of the three zip codes of Highlands Ranch.  It also has the widest range of value in house pricing as you can see in the columns of lowest price and highest price homes.  There is also the largest number of listings for this zip as well.

Pricing for this market segment can be difficult to determine based on the figures on the table above. Due to the large range of value, which reflects the home size and location, an easy average is hard to come by.  However, based on the averages for the general area of Highlands Ranch, it would suggest that a typical price per square foot may fall in the $155 range.  Based on the market statistics for this month only, sellers in this zip code face an absorption rate of just over 7.5 months of inventory.  So if you are a seller in this zip code and you would like to sell your home in the next 45-60 days, clearly paying attention to pricing and keeping competitive is vital to your success.

If you are considering selling or buying a home in the Denver metro area,  let’s talk strategy!

Steve Scheer, Denver Realty Partners
Search all Denver & Denver Suburb Homes Here

This is one of three zip codes which make up Highlands Ranch.  These statistics are for single family residential, detached homes and not condos or townhomes.

(Based on information from Metrolist, Inc. for the period 1/1/10 – 2/1/10.  Note:  This representation is based in whole or in part on data supplied by Metrolist, Inc. Metrolist, Inc. does not guarantee nor is in any way responsible for its accuracy.  Data maintained by Metrolist, Inc. may not reflect all real estate activity in the market.)

According to the data on the table above, active sellers are pricing their homes in line with those that have gone under contract.  There is a bigger difference in values when looking at sold home prices and price per square foot versus active and under contract homes.  This can be accounted for in the wide price range for this zip code.  This price range is reflected in the lowest and highest columns and there is a big shift.

Pricing is important in this market segment of Highlands Ranch as it is everywhere in the Denver real estate market.  The absorption rate for this month only is just under 7 months of inventory! So, if you have a home in this zip code and you want to sell in the next 45-60 days then you definitely need to pay attention to pricing and continue to keep up on the market trends for this segment.

If you are considering selling or buying a home in the Denver metro area, and you would like to discuss an effective strategy for your success then please contact me, I would love to help.

Interested in more information about Highlands Ranch?  Read More:
Highlands Ranch Get a New Sherriff Station
Living in Highlands Ranch – New Trash & Recycling

Steve Scheer, Denver Realty Partners
Real Estate in Denver & The Suburbs

Search all Denver & Denver Suburb Homes Here

If you would like more information on the Denver area or more information on Denver real estate, contact Steve at 720-849-6101 or email at sold@SteveScheer.com .

Recently, ground has been broken for commercial building in Highlands Ranch. This is basically at the corner of Highlands Ranch Parkway and Ridgeline, just west of the McDonald’s and Starbucks in Westridge.  This is going to be a new Douglas County Sheriff’s substation.  You can read  more about this here.

The bulk of the population in Douglas County resides in Highlands Ranch and the very northern boundary of the county.  It seems to make perfect sense to have a state of the art facility here to serve and protect the citizens.  You can keep up on all the latest information from the Douglas County Sheriff’s Office.

Steve Scheer, Denver Realty Partners
Real Estate in Denver & The Suburbs

Search all Denver & Denver Suburb Homes Here

If you would like more information on the Denver area or more information on Denver real estate, contact Steve at 720-849-6101.

This move does change the day of week for trash pick up so make sure to check here and see which zone you live in and which day you’ll have trash pick up.  The changes take place April 5, 2010 so make sure to keep it on your calendar. This is a nice way the Highlands Ranch Board of Directors have made another environmentally conscious decision for our community.

Steve Scheer, Denver Realty Partners
Real Estate in Denver & The Suburbs

Search all Denver & Denver Suburb Homes Here

If you would like more information on the Denver area or more information on Denver real estate, contact Steve at 720-849-6101.