The market for Highlands Ranch homes is in an extreme sellers’ market. Homes in the area are going under contract faster than we have seen in years and there doesn’t seem to be much relief in sight. Right now, the median days on market for any home in the Highlands ranch area is 5 day! This is less than a third of what the days on market was for the same period last year.
This 5 days on market number factors in homes in all price ranges and includes Highlands Ranch foreclosures as well. If you run the numbers for homes priced under $300,000, the median days on market number drops even lower.
Obviously this is great new for Sellers in the area, but this is causing pain and heartache for many buyers. With homes moving so quickly and so few on the market, many buyers, and potential buyers, are losing out on homes by being outbid. Most homes in Highlands Ranch are receiving multiple bids and many are going for over list price.
If you are considering buying in the area, call our team today at 303-726-1874 so we know exactly what you are looking for and can keep our eyes open for homes before they are available to the general public!
Sold Highlands Ranch Homes – Past 30 Days
|Avg Price/Fin SqFt||$150||$149||$149||$149|
|Avg Price/Avg List||99.61 %||99.37 %|
|Avg Price/Avg Orig||98.95 %||98.72 %|
|Median Price/Avg List||100.03 %||99.74 %|
|Median Price/Avg Orig||100.03 %||99.74 %|
Based on information from Metrolist®, Inc. for the period June 2013 through July 2013 Note: This representation is based in whole or in part on content supplied by Metrolist®, Inc. Metrolist®, Inc. does not guarantee nor is it in any way responsible for its accuracy. Content maintained by Metrolist®, Inc. may not reflect all real estate activity in the market.