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Winter 2012 Market Update
If you can qualify, now is an exceptional time to buy a home in Highlands Ranch. Low rates with falling home prices makes a home purchase a great value! Call now for more information at 303-946-1818
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| Average Home Price | $275,000 - View Graph Trend |
| Average Price Compared to Last Year | No Change |
| Average Time on Market | 30-60 days |
| Best Selling Price Range | $250,000 - $299,000 |
| Worst Selling Price Range | $1,000,000+ |
| Prices As % of Asking Price | 90-95% |
| Existing Home Prices for the past 90 days are? | No Change |
| Market Trend | Decreasing |
| Buyers’ or Sellers’ Market | More sellers than buyers |
| Buyer Activity for the past 90 days in Highlands Ranch is | No Change |
| Seller Activity for the past 90 days in Highlands Ranch is? | No Change |
| Multiple Offers? | No |
| What Percentage of the Current Housing Inventory are Foreclosures and/or Short Sales? | 10-15% |
| Is Financing Available For Qualified Buyers? | Yes |
| Comments on Financing For Qualified Buyers | Some very good priced homes are getting multiple offers, but on the whole most are not |
| Housing Inventory | Good supply - Some Prices |
| Greatest Activity | Repeat Buyers |
| Reason to Buy/Sell | Lower prices with good selection and competitive interest rates creates a perfect time to buy in Highlands Ranch! |
| Nearest Metro Area | Denver |
| Housing Hot Spots | Most cities within the Douglas County area are considered ’Housing Hotspots’ |
| Average Sold Price | $275,000 - View Graph Trend |
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Brian DeLuccio
Cherry Creek Properties
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