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MARKET REPORT <> HIGHLANDS RANCH CO 80130 

The residential real estate market in Highlands Ranch (zip code 80130) picked up slightly in January, compared to December 2007.

Homes sold              # sold                 Average days on Market
December 2007            24                                69.83
January 2008               26                                79.04
 
The average sold price was lower in January than in December 2007. In 13 of the sold homes some concessions were given by sellers, which is why the average net sold price is lower than the average sold price.
A good indicator of local market trends are the total new listings compared to total new sales.  When there are less new sold homes than new listings, it indicates increasing inventory.
26 new residential homes were sold in January, and 43 new homes were listed in the 80130 zip code in Highlands Ranch, CO. Out of those 43 new home listings 4 are new construction. There are currently (Feb 2^nd) a total of 136 homes on the market. 44 homes are currently under contract compared to 31 in December 2007.

In general newer homes with upgrades (stainless steel appliances, cherry cabinets, finished basement etc.) tend to sell faster and for higher price / square foot.

What this means to the sellers: Spring time traditionally sees a large increase in number of homes that come on the market. Pricing your home right is one of the main factors in getting your home sold in the least amount of time and for the most amount of money.

What this means to the buyers: This is a great time to buy! Intrest Rates are good and there are many homes to choose from and the prices are good.

All data is compiled from METROLIST (Denver MLS - multiple listing service).
Information deemed reliable but not guaranteed.

The market Report is for residential single family homes. Condominiums or town homes were not included in this report.