Is Highlands Ranch, CO a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Highlands Ranch is a seller's market

Buyer's
Market

Difference Since December 2023

Since last year, Highlands Ranch has remained a Seller's Market.

Key Takeaway

Highlands Ranch is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Highlands Ranch, CO

How much do homes in Highlands Ranch, CO cost?

Median Sold Price

$713,150

$301/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

+$3,150(+0.4%)

Key Takeaway

The sold price of homes in Highlands Ranch has remained the same since last year.

Summary: The median home sold price in Highlands Ranch was $713,150 in December 2024, up 0.4% from last year, and the median price per square foot was $301.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 $325K$312.5K
-3.8%
2 $535K$510K
-4.7%
3 $630K$638K
+1.3%
4 $740K$740K
0.0%
5+ $938.7K$935K
-0.4%

Summary: Highlands Ranch housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 3.8%, 2 bedroom homes decreased by 4.7%, 3 bedroom homes increased by 1.3%, 4 bedroom homes did not change, and 5+ bedroom homes decreased by 0.4%.

Median Sold Price Compared To Nearby Neighborhoods

Summit View
+18.0%
Highlands Ranch
0.4%

Housing Supply in Highlands Ranch, CO

How many homes are available in Highlands Ranch, CO?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
330276-16.4%

Summary: The Highlands Ranch real estate market had 276 homes for sale in December 2024, a 16.4% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 23
+50.0%
2 4041
+2.5%
3 10284
-17.6%
4 9072
-20.0%
5+ 9676
-20.8%

Summary: The Highlands Ranch housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 50%, 2 bedroom homes increased by 2.5%, 3 bedroom homes decreased by 17.6%, 4 bedroom homes decreased by 20%, and 5+ bedroom homes decreased by 20.8%.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
9184-7.7%

Asking Price vs. Sold Price

47 Homes Were Sold
Under Asking

21 Homes Were Sold
At Asking

16 Homes Were Sold
Over Asking

Asking vs Sold - buyer56%25%19%

Key Takeaway

If you're buying a home in Highlands Ranch, you may be able to get a good deal. 56% of homes here sold below asking price last month.

Summary: A total of 84 homes were sold or pending in Highlands Ranch in December 2024, down by 7.7% month-over-month. Of the 84 sold homes, 56% were sold under asking, 25% were sold at asking, and 19% were sold over asking.

Days on Market for Highlands Ranch, CO

How long does it take to sell a home in Highlands Ranch, CO?

Average Sale Time

Dec 2023Dec 2024CHANGE
32 Days50 Days+54.4%

Summary: Homes in Highlands Ranch had an average of 50 days on market in Dec 2024, up by 54.4% compared to last year.

Breakdown of Home Sale Times

37 Homes Were Sold
Under 30 Days

29 Homes Were Sold
In 30 - 90 Days

18 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times44%35%21%

Key Takeaway

Many homes in Highlands Ranch are selling fast, if you're buying plan to act quickly.

Summary: During December 2024, 84 homes were sold in Highlands Ranch; 44% of homes were sold within 30 days, 35% of homes were sold within 30 to 90 days, and 21% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 10 Days Ago

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