Market Statistics for Sales of Homes in Highlands Ranch
Home sales here follow the typical seasonal pattern for upscale suburban homes. Lots of activity in the summer months, and it slows down a bit in the winter. For the most part, real estate prices have been insulated from the national foreclosure mess. Typically there are less that 10 foreclosure properties available at any time. And, they are not selling at much of a discount compared to more updated houses.
2013 Starts Out Strong
- Low inventory and lots of buyers
2012 Year End Sales Statistics
- Prices are climbing and homes are selling faster in 2013
So far in 2013 the local market has been very active. There are fewer houses for sale this year and we are seeing bidding wars for the available properties. No excessive price inflation, but certianly a stronger market. Many recently listed homes have received multiple offers on the first day they were listed.
Thru September, 2012
- Strong sales and firmer prices
2011 Sales Activity
Thru June, 2011:
The 2011 summer selling season is starting out with a lot of showing activity. We have seen a big traffic spike on this website from buyers looking at available properties. Should be a good sellers market this year.
2010 Sales Activity:
In 2010 more Short Sales popped up. Some of them sold well below market values, making comparables in some neighborhoods a bit challenging. However, there was not an overall downward affect on local pricing. Prices have held up better than most anywhere in Colorado. There are always a few foreclosure deals to be found, but out of 400+ homes on the market at any time we might see 10 foreclosures. Some are priced right and sell within days. Others languish on the market for months until the banks get more reasonable on their pricing.
2009 Sales Activity:
2009 was a down year. Larger homes did not sell very well due to the banking and mortgage industry problems. But, housed priced under $300k were selling relatively well. Foreclosures did not really spike here. It seems that homeowners just rented out their homes. There's a very strong market for rental houses here - and not enough inventory to meet the demand. It was a good year to buy an investment house. (I bought one and it's been rented out ever since)
2008 vs. 2007 Sold History:
Historical Sales Numbers 2005 thru 2007:
The Highlands Ranch Homeowners Association states a primary goal as 'Protecting Property Values'
- and they seem to do it well.