Highlands Ranch Monthly Market Update – Single Family Homes

Highlands Ranch Single Family Homes (Detached)

Information provided by IRES and Metrolist Information Services.

Highland Ranch SINGLE FAMILY HOMES 2018 YTD 2019 % Change
Total Units Sold 1477 78
Average Sales Price $561,452 $568,416 +1.3%
Median Sales Price $495,000 $469,950 -5%
Average Days to Contract 21 49 +133%

 

(Single Family Homes – % Under Contract)

SINGLE FAMILY HOMES Jan 18’ Feb 18’ Mar 18’ Apr 18’ May 18’ Jun 18’ Jul 18’ Aug 18’ Sep 18’ Oct 18’ Nov

18’

Dec 18’ Jan 19’
UNDER $500k                 53% 48% 52% 62% 63%
$500K – $750k                 44% 46% 44% 43% 49%
$750k-$1MM                 36% 32% 23% 46% 43%
$1mm+                 44% 30% 50% 50% 57%
OVERALL % U/C                 48% 44% 51% 52% 55%

 

(Single Family Homes – Inventory)

SINGLE FAMILY HOMES Jan 18’ Feb 18’ Mar 18’ Apr 18’ May 18’ Jun 18’ Jul 18’ Aug 18’ Sep 18’ Oct 18’ Nov

18’

Dec 18’ Jan 19’
                  288 271 214 170 177

 

(Single Family Homes – # Sold)

SINGLE FAMILY HOMES Jan 18’ Feb 18’ Mar 18’ Apr 18’ May 18’ Jun 18’ Jul 18’ Aug 18’ Sep 18’ Oct 18’ Nov

18’

Dec 18’ Jan 19’
                  105 100 101 84 77

 

(Single Family Homes – Absorption Rate in Months) Based off 6-month sales average

SINGLE FAMILY HOMES Jan 18’ Feb 18’ Mar 18’ Apr 18’ May 18’ Jun 18’ Jul 18’ Aug 18’ Sep 18’ Oct 18’ Nov

18’

Dec 18’ Jan 19’
                    2.64 2.09 1.74 1.89