The graph is intended to give the reader a macro view of single family housing trends in this area. There are many submarkets contained in this graph with varying performance.
Condominiums and Townhomes –
The graph is intended to give the reader a macro view of condominium and townhome housing trends in Highlands Ranch and Lone Tree, Colorado. There are submarkets contained in this graph with varying performance.
The list price and sales price trends are represented by the dark blue and pink lines on the left axis. The list price and sales price trends remain closely correlated. Average sales prices in terms of price per square foot are trending downward. Blue vertical bars represent the average monthly days on the market. The days on the market is shown with a red trend line on the right axis. The average marketing times are around 90 days.
The next graph shows the supply and demand trends in the same market segment. The inventory level is fairly consistent with historic levels.
The graph below shows the change in the rate of monthly sales compared to the same month a year ago.
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Legal Disclaimer
Disclaimers and Acknowledgements
The research done to gather the data involves examining thousands of listings. With this much data inaccuracies will occur. Care is taken in gathering and processing the data and information within this report is deemed reliable. IT IS NOT GUARANTEED. The real estate market is cyclical and will have its ups and downs. Past performance cannot determine future performance.
This information is offered with the understanding that the author is not engaged in rendering legal, tax or other professional services. If legal, tax or other expert assistance is required, the services of a competent professional are recommended. This is a personal blog reflecting the opinions of its author. Statements on this site do not represent the views or policies of anyone other than me.
Investing in real estate is not a get-rich-quick scheme nor is there any guarantee you will make a profit. Every effort has been made to make this report as complete and accurate as possible. However, there may be mistakes. Therefore, this report should be used only as a general guide and not as the ultimate source for making money in real estate.
