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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%
Highlands Ranch Market in a Minute
142
New Listings
109
Active Listings
115
Under Contract
136
Closed Sales
Homes Sold
100.01%
Sale-to-List Price
$684K
Median Sales Price
1
Months of Supply
13
Average Days on Market
Curious about how your home's value has changed?
We will gladly prepare a Comparative Market Analysis for you so that you are armed with the most current information.