First Integrity Title Market Report
Highlands Ranch, CO
Single-Family Homes
www.FirstIntegrityTitle.com | 303.837.9171
Highlands Ranch, CO
Mon Apr 22 2019
This week the median list price for Highlands Ranch, CO is $649,500 with the market action index hovering around 68. This is an increase over last month's market action index of 64. Inventory has held steady at or around 87.
Market Action Index
The Market Action Index answers the question "How's the Market?" by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies Seller's Market conditions. Below 30, conditions favor the buyer.
| Today |
| Last Month |
Strong Seller's Market
The market continues to get hotter. More sales demand and fewer homes listed have contributed to a relatively long run of increasing prices. Current supply and demand levels show no sign of prices changing from their current trend.
Real-Time Market Profile
| Median List Price | $649,500 | |
| Per Square Foot | $175 | |
| Days on Market | 49 | |
| Price Decreased | 41% | |
| Price Increased | 3% | |
| Relisted | 6% | |
| Inventory | 87 | |
| Median House Rent | $2,598 | |
| Most Expensive | $4,500,000 | |
| Least Expensive | $365,000 | |
| Market Action Index Strong Seller's Market | 68 |
This week saw relatively little price change from last week. However, prices continue to demonstrate a nice up trend over the last several weeks.
Market Segments
Each segment below represents approximately 25% of the market ordered by price.
| Median Price | Sq. Ft. | Lot Size | Beds | Bath | Age | New | Absorbed | DOM |
|---|---|---|---|---|---|---|---|---|
| $1,125,000 | 5,645 | 0.25 - 0.5 acre | 5 | 4 | 7 | 2 | 4 | 51 |
| $677,500 | 4,536 | 6,500 - 8,000 sqft | 4 | 3 | 18 | 5 | 3 | 78 |
| $600,000 | 3,751 | 6,500 - 8,000 sqft | 4 | 3 | 24 | 4 | 3 | 57 |
| $472,450 | 2,464 | 4,500 - 6,500 sqft | 4 | 2 | 23 | 14 | 11 | 7 |