$8,123 Closing Credit*
$684,000
713 SqFt
2 Beds
•2 Full Baths
Alexander (Brady) Stout, Listing Office: RE/MAX Properties Of The Summit
Is The Highlands, CO a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, The Highlands has remained a Seller's Market.
Key Takeaway
The Highlands is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in The Highlands, CO
How much do homes in The Highlands, CO cost?
Median Sold Price
$2,443,000
$599/sqft
Based on all homes sold in November 2024.
Difference Since Last Month
+$1,448,000(+145.5%)
Key Takeaway
Homes in The Highlands have sold for 145.5% more than they did a month ago.
Summary: The median home sold price in The Highlands was $2,443,000 in November 2024, up 145.5% from last month, and the median price per square foot was $599.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $500K | $350K | -30.0% |
| 2 Bedrooms | $799K | - | N/A |
| 3 Bedrooms | - | - | N/A |
| 4 Bedrooms | - | $2.4M | N/A |
| 5+ Bedrooms | $1.9M | $3.2M | +64.5% |
Summary: The Highlands housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes decreased by 30%, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes increased by 64.5%.
Housing Supply in The Highlands, CO
How many homes are available in The Highlands, CO?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 21 | 19 | -9.5% |
Summary: The The Highlands real estate market had 19 homes for sale in November 2024, a 9.5% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 3 | 2 | -33.3% |
| 2 Bedrooms | 1 | 2 | +100.0% |
| 3 Bedrooms | 1 | 1 | 0.0% |
| 4 Bedrooms | 7 | 7 | 0.0% |
| 5+ Bedrooms | 9 | 7 | -22.2% |
Summary: The The Highlands housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 33.3%, 2 bedroom homes increased by 100%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 22.2%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 4 | 6 | +50.0% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in The Highlands, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 6 homes were sold or pending in The Highlands in November 2024, up by 50.0% month-over-month. Of the 6 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for The Highlands, CO
How long does it take to sell a home in The Highlands, CO?
Average Sale Time
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 126 Days | 88 Days | -30.0% |
Summary: Homes in The Highlands had an average of 88 days on market in Nov 2024, down by 30% compared to last month.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in The Highlands has remained consistent over time.
Summary: During November 2024, 6 homes were sold in The Highlands; 0% of homes were sold within 30 days, 83% of homes were sold within 30 to 90 days, and 17% of homes were sold over 90 days.
Listings courtesy of REColorado as distributed by MLS GRID.
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