The Highlands Ranch real estate market has been absolutely scorching for a long time🔥 Like many markets throughout the country though, there have been significant headwinds for over a year. While still hotter than most markets throughout the Denver Metro, May 2023 saw some mixed signals including some weaker measures such as new purchase contracts falling 23% from April to May (a month when contracts normally increase by 10-15%).
Our monthly market update showcases everything you need to know about Highlands Ranch real estate trends over the last month. Check out the quick hitters (May vs. April) below, and keep scrolling for more!
New Listings ⬇️ 8%
Available Homes (June 1 vs May 1) ⬆️ 43%👀
New Purchase Contracts ⬇️ 23%👀
Closed Sales ⬆️ 25%
Median Days on Market ⬆️ 50%
Median Sold Price ⬆️ 1%
New Listings
Active Listings
Under Contract
Closed Sales
Median Sales Price
Months of Supply
Average Days on Market
We will gladly prepare a Comparative Market Analysis for you so that you are armed with the most current information.