Highlands Ranch/Lone Tree, CO Real Estate & Homes For Sale

Greenwood Village Real Estate Market Trends

The Greenwood Village housing market remains somewhat competitive, with the median sale price reaching $1.6M last month, reflecting a significant 49.8% increase compared to the previous year. Additionally, the median sale price per square foot rose to $372, marking a 25.7% year-over-year increase. These trends highlight the area's growing demand and the premium buyers are willing to pay for properties in this desirable community.

$1,595,000

Median Sale Price

$372

Median Sale Price per Sq. Ft.

Total Homes Sold

Median Days on Market

Highlands Ranch Real Estate Market Trends

The Highlands Ranch real estate market is a dynamic and competitive space, offering a range of opportunities for buyers, sellers, and investors alike.

Pricing and Sales Dynamics

Competitive Landscape

The Highlands Ranch housing market is notably competitive, with homes typically selling in just 9 days. Many homes receive multiple offers, and some even waive contingencies to accelerate the sale process. On average, homes are selling at around their list price and go pending within approximately 9 days. For homes that generate significant interest—often termed "hot" homes—they can sell for about 1% above the list price and may go pending in as little as 4 days.

Highlands Ranch Migration & Relocation Trends

Inbound and Outbound Migration

Between June and August 2023, migration patterns in Highlands Ranch were fairly balanced. About 35% of homebuyers were considering moving out of Highlands Ranch, while a majority of 65% were looking to stay within the metropolitan area.

On a national level, 2% of homebuyers were contemplating a move to Highlands Ranch from other metropolitan areas. Miami led the pack in this regard, followed by Colorado Springs and San Francisco.

Popular Relocation Destinations

For Highlands Ranch residents considering relocation, 65% still preferred to stay within the metropolitan area. Among those looking to move beyond the local region, Chicago emerged as the most popular destination, followed by Fort Collins and Breckenridge.

Key Takeaways

The Highlands Ranch and Lone Tree real estate market is characterized by its competitive nature and stable pricing trends. While there has been a slight decrease in the number of homes sold and a minor increase in the time homes spend on the market, the demand remains strong. The area continues to attract a diverse range of homebuyers, both from within and outside the metropolitan region.

Understanding these market dynamics is crucial for anyone looking to make an informed real estate decision in Highlands Ranch and Lone Tree. As always, consulting with real estate professionals and conducting your own research are recommended steps for successfully navigating this competitive market.

Sold Homes in Highlands Ranch/Lone Tree

Here are some sold homes and properties in Highlands Ranch/Lone Tree, CO.

Listed by Compass - Denver

$14,705,000

9 bd 10 ba 16,829 Sq.Ft. Sold

1334 S Grapevine Road, Golden, CO 80401

MLS®: 2850513

Listed by Nest Seekers Colorado LLC

$12,000,000

7 bd 8 ba 6,221 Sq.Ft. Sold

72 Snowy Ridge Road, Breckenridge, CO 80424

MLS®: 7518721

Listed by LIV Sotheby's International Realty

$13,100,000

4 bd 5 ba 3,413 Sq.Ft. Sold

675 Lionshead Place Unit: 282, Vail, CO 81657

MLS®: 6778638

Listed by LoKation Real Estate

$13,000,000

4 bd 7 ba 9,038 Sq.Ft. Sold

3 Countryside Lane, Cherry Hills Village, CO 80121

MLS®: 6844073

Listed by LIVE WATER PROPERTIES

$19,950,000

5 bd 5 ba 3,656 Sq.Ft. Sold

5798 Sweetwater Road, Gypsum, CO 81637

MLS®: 7437039

Listed by KENTWOOD REAL ESTATE DTC, LLC

$15,000,000

8 bd 14 ba 23,193 Sq.Ft. Sold

20 Cherry Hills Drive, Cherry Hills Village, CO 80113

MLS®: 5837781

Listed by C3 Real Estate Solutions, LLC

$16,000,000

3 bd 4 ba 8,734 Sq.Ft. Sold

9800 W US Highway 34, Loveland, CO 80537

MLS®: IR973703

Listed by Broken Horn Land Co.

$13,200,000

31350 County Road 91, Kiowa, CO 80117

MLS®: 4893415

Listed by Compass - Denver

$15,750,000

5 bd 7 ba 10,535 Sq.Ft. Sold

5 Cherry Hills Park Drive, Cherry Hills Village, CO 80113

MLS®: 6118745

Listed by ADVANTAGE MANAGEMENT & R E

$10,500,000

13,122 Sq.Ft. Sold

6350 Federal Boulevard, Denver, CO 80221

MLS®: 2338136

Listed by Engel & Volkers Denver

$14,850,000

7 bd 8 ba 8,220 Sq.Ft. Sold

104 Penn Lode Drive, Breckenridge, CO 80424

MLS®: 6430833

Listed by The Group Inc - Harmony

$15,100,000

23,512 Sq.Ft. Sold

3501 Fall River Road, Estes Park, CO 80517

MLS®: 2241875

Listed by Compass - Denver

$14,705,000

9 bd 10 ba 16,829 Sq.Ft. Sold

1334 S Grapevine Road, Golden, CO 80401

MLS®: 2850513

Listed by Nest Seekers Colorado LLC

$12,000,000

7 bd 8 ba 6,221 Sq.Ft. Sold

72 Snowy Ridge Road, Breckenridge, CO 80424

MLS®: 7518721

Listed by LIV Sotheby's International Realty

$13,100,000

4 bd 5 ba 3,413 Sq.Ft. Sold

675 Lionshead Place Unit: 282, Vail, CO 81657

MLS®: 6778638

Listed by LoKation Real Estate

$13,000,000

4 bd 7 ba 9,038 Sq.Ft. Sold

3 Countryside Lane, Cherry Hills Village, CO 80121

MLS®: 6844073

Listed by LIVE WATER PROPERTIES

$19,950,000

5 bd 5 ba 3,656 Sq.Ft. Sold

5798 Sweetwater Road, Gypsum, CO 81637

MLS®: 7437039

Listed by KENTWOOD REAL ESTATE DTC, LLC

$15,000,000

8 bd 14 ba 23,193 Sq.Ft. Sold

20 Cherry Hills Drive, Cherry Hills Village, CO 80113

MLS®: 5837781

Listed by C3 Real Estate Solutions, LLC

$16,000,000

3 bd 4 ba 8,734 Sq.Ft. Sold

9800 W US Highway 34, Loveland, CO 80537

MLS®: IR973703

Listed by Broken Horn Land Co.

$13,200,000

31350 County Road 91, Kiowa, CO 80117

MLS®: 4893415

Pricing and Sales Dynamics

As of July 2023, the Highlands Ranch housing market has seen a modest but positive growth in home prices. The median sale price for homes in the area was $675,000 last month, marking a 1.9% increase compared to the previous year. Additionally, the median sale price per square foot has also risen by 1.6%, now standing at $260.

While the pricing trends are encouraging, the sales data paints a more nuanced picture. A total of 132 homes were sold in July 2023, which is a decline from the 159 homes sold during the same period last year. Furthermore, homes are staying on the market for an average of 10 days, a slight increase from the 9-day average in the previous year.
Competitive Landscape

The Highlands Ranch housing market is notably competitive, with homes typically selling in just 9 days. Many homes receive multiple offers, and some even waive contingencies to accelerate the sale process. On average, homes are selling at around their list price and go pending within approximately 9 days. For homes that generate significant interest—often termed "hot" homes—they can sell for about 1% above the list price and may go pending in as little as 4 days.
Highlands Ranch Migration & Relocation Trends

Inbound and Outbound Migration

Between June and August 2023, migration patterns in Highlands Ranch were fairly balanced. About 35% of homebuyers were considering moving out of Highlands Ranch, while a majority of 65% were looking to stay within the metropolitan area.

On a national level, 2% of homebuyers were contemplating a move to Highlands Ranch from other metropolitan areas. Miami led the pack in this regard, followed by Colorado Springs and San Francisco.

Popular Relocation Destinations

For Highlands Ranch residents considering relocation, 65% still preferred to stay within the metropolitan area. Among those looking to move beyond the local region, Chicago emerged as the most popular destination, followed by Fort Collins and Breckenridge.
Key Takeaways

The Highlands Ranch and Lone Tree real estate market is characterized by its competitive nature and stable pricing trends. While there has been a slight decrease in the number of homes sold and a minor increase in the time homes spend on the market, the demand remains strong. The area continues to attract a diverse range of homebuyers, both from within and outside the metropolitan region.

Understanding these market dynamics is crucial for anyone looking to make an informed real estate decision in Highlands Ranch and Lone Tree. As always, consulting with real estate professionals and conducting your own research are recommended steps for successfully navigating this competitive market.

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Highlands Ranch/Lone Tree Real Estate & Homes For Sale

Highlands Ranch/Lone Tree Homes For Sale

Greenwood Village Real Estate Market Trends