The Highlands Ranch real estate market has been cooling off from its blistering pace for a few months. While still in seller's market territory across most measures, Highlands Ranch saw its lowest month for sales contracts all year. Relative to many markets around the Denver Metro area, prices and average/median days on market are showing strength and resilience. There are some surprising numbers that we're really keeping an eye on (like the aforementioned drop in contracts).
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 below, and keep scrolling for more!
September vs. August
New Listings ⬆️ 8%
Available Homes (Oct 1 vs Sept 1) ⬆️ 36%👀
New Purchase Contracts ⬇️ 39%👀
Closed Sales ⬇️ 26%👀
Median Days on Market ⬆️ 40%👀
Median Sold Price ➡️ flat ($680K)
September '23 vs. September '22
New Listings ⬆️ 6%
Available Homes ⬆️ 7%
New Purchase Contracts ⬇️ 46%👀
Closed Sales ⬇️ 39%👀
Median Days on Market ⬇️22%
Median Sold Price ⬆️ 1.5%
Highlands Ranch Market in a Minute
118
New Listings
165
Active Listings
66
Under Contract
89
Closed Sales
Homes Sold
98.6%
Sale-to-List Price
$680K
Median Sales Price
2.5
Months of Supply
14
Median 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.