$7,066 Closing Credit*
$595,000
1,058 SqFt
2 Beds
•1 Full Bath, 1 Partial
Kay Thomas, Listing Office: LIV Sothebys International Realty- Breckenridge
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
Last month, The Highlands was a Neutral 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
$995,000
$605/sqft
Based on all homes sold in October 2024.
Difference Since Last Month
-$884,000(-47.0%)
Key Takeaway
Homes in The Highlands have sold for 47% less than they did a month ago.
Summary: The median home sold price in The Highlands was $995,000 in October 2024, down 47% from last month, and the median price per square foot was $605.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $499.9K | $500K | 0.0% |
| 2 Bedrooms | $858K | $799K | -6.9% |
| 3 Bedrooms | - | - | N/A |
| 4 Bedrooms | $2.9M | - | N/A |
| 5+ Bedrooms | - | $1.9M | N/A |
Summary: The Highlands housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 6.9%, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Housing Supply in The Highlands, CO
How many homes are available in The Highlands, CO?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 26 | 21 | -19.2% |
Summary: The The Highlands real estate market had 21 homes for sale in October 2024, a 19.2% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 5 | 4 | -20.0% |
| 2 Bedrooms | 2 | 1 | -50.0% |
| 3 Bedrooms | 1 | 1 | 0.0% |
| 4 Bedrooms | 9 | 6 | -33.3% |
| 5+ Bedrooms | 9 | 9 | 0.0% |
Summary: The The Highlands housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 20%, 2 bedroom homes decreased by 50%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 4 | 4 | 0.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in The Highlands, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in The Highlands in October 2024, the same as the previous month. Of the 4 sold homes, 50% were sold under asking, 25% were sold at asking, and 25% 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
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 46 Days | 126 Days | +174.1% |
Summary: Homes in The Highlands had an average of 126 days on market in Oct 2024, up by 174.1% compared to last month.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in The Highlands are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During October 2024, 4 homes were sold in The Highlands; 0% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 75% of homes were sold over 90 days.
Listings courtesy of REColorado as distributed by MLS GRID.
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