Highlands Ranch, CO
Without a doubt, the towns of Highlands Ranch and Lone Tree are the newest municipal towns to the greater Denver metro area featuring many amenities making for a very high demand among home buyers. You hardly know you have left Highlands Ranch and entered Lone Tree because these two towns sit side by side, just south of C470 along the southern end of the Denver metro area. Frequently home buyers seek Highlands Ranch homes for sale and in Lone Tree because of their proximity to shopping, recreation, and highway access to downtown Denver and the Denver Technological Center (DTC). There are plenty of golf courses nearby, boating at Chatfield Reservoir, Highlands Ranch recreational center, and of course Park Meadows Mall . . . one of the largest malls in the metro with upscale shopping. You’ll find a wide selection of Highlands Ranch homes for sale with starter homes and homes for sale in Highlands Ranch CO at the higher end price spectrum for housing. Take a look at the statistical information below for homes for sale in Highlands Ranch CO and those in Lone Tree to get a pulse on the market.
Searching homes for sale in Highlands Ranch CO
As mentioned before, Highlands Ranch homes for sale are very popular among home buyers in large part due to it’s proximity of DTC (Denver Technological Center) just north of Highlands Ranch and Lone Tree. On the map below, you’ll want to zoom in on the dots to see more detailed information about Highlands Ranch homes for sale as well as those in Lone Tree. For both of these towns the median price is nearly $400,000 and will more than likely rise above that amount in the coming due to high demand. The median price reflects the mid-point of where most of these Highlands Ranch homes for sale are bought, and the same is true for Lone Tree. But the average price, which takes into account all of the sold properties and then averages the total, is likely to be higher since some homes for sale in Highlands Ranch CO and most definitely in Lone Tree are at the upper end of the pricing spectrum. Search Lone Tree and Highlands Ranch homes for sale with the My Buying Buddy program. This program will give you the most up to date and accurate information available for Highlands Ranch homes for sale with the direct feed into the Denver realtors MLS (multiple listing service) in “real time”. The My Buying Buddy program will allow you to create multiple property searches, track price movements, schedule showings, request information on specific homes for sale in Highlands Ranch and most importantly send you alerts via email when new listings come on the market . . . you’ll be the first to know about them.
Pricing trends of Highlands Ranch homes for sale
As mentioned earlier, the median home price for these cities is nearly $400,000 and on the rise as is evidenced by the recent historic sales and price trends graph. Watching this graph month over month is a key indicator as to which direction the real estate market is moving in when considering purchasing homes for sale in Highlands Ranch CO or in Lone Tree. To zero in on specific communities within Highlands Ranch homes for sale, as there are many different neighborhoods in Highlands Ranch, get a Market Snapshot of the neighborhoods here.
Sold price vs asking price of homes for sale in Highlands Ranch CO
We can tell that buyers are paying more today for Highlands Ranch homes for sale and those in Lone Tree as is indicated by the original list price vs the sold price chart. Why this trend? Undoubtedly it is due to the low inventory and the demand for homes for sale in Highlands Ranch and in Lone Tree. Douglas County, to which these towns are located in, was the fastest growing county during the 1990’s and while the county is not expanding to the extent it was then, the demand for Highlands Ranch homes for sale and now also in Lone Tree is high. Now is a great time to buy particularly in these towns because in all likelihood the demand will continue for years to come due to shopping, recreation, business and employment development. Watch this chart from time to time to monitor the pricing trends of homes for sale in Highlands Ranch CO and likewise in Lone Tree.
Highland Ranch homes for sale go quickly
Given the fast pace of homes for sale in Highlands Ranch CO selling you really have to stay informed quite regularly otherwise you may miss out on the home you want to buy. The number of days on market graph illustrates the fast pace homes for sale in Highlands Ranch CO and in Lone Tree are selling, which again indicates it’s a Seller’s market. These Highlands Ranch homes for sale tend to get higher than asking price and are selling in about 2 weeks time. That also appears to be true for Lone Tree. As has been said before, there is simply a low inventory and high demand driving the speed of these Highlands Ranch homes for sale. This is most likely due to the low unemployment rate, the location of homes relative to employment locations as well as shopping, amenities, and transportation. The low interest rates offered today are making it easier for buyers to qualify and find affordable housing as opposed to paying rent.
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Visit the city website for Highlands Ranch to learn more about this high in-demand community.
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