Denver Real Estate Report &  Trends – Highlands Ranch

Let’s take a look at the Highlands Ranch real estate market update for October.  I live in Highlands Ranch so I’m happy with the trend for the market.  But, I also work a lot here and as you can see with the amount of active inventory from this month last year, way down.  I’ll take it though.  I also think the market activity early next year and into spring may explode here in the ranch.

To begin, active home listings are down an incredible 44.5%.  Almost half.  It’s been this way for awhile now so I think a lot of folks have been sitting tight while the market recovers a bit and that’s not a bad plan.  Let’s shift to the year to date.  You can see the homes under contract and sold are way up.  Big demand, little inventory coupled with historically low mortgage interest rates.  It is a seller’s market.  Days on market are down just over 30% and average values are up almost 4%.  The real estate market has turned around here in Highlands Ranch.  Actually, it has moved this way for awhile now and I expect even more improvement next year.

If you are a seller or buyer in Highlands Ranch, I would like to help.  Just get in touch.  Let’s have a friendly conversation and maybe make a plan moving forward.  The numbers show the bottom of the market has passed and the opportunity is now.

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