Littleton 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.
Littleton, CO Real Estate
The Littleton housing market is incredibly competitive as of June 2023. Typically, homes in Littleton receive about 3 offers before selling, and the process takes roughly 6 days - slightly longer than the 5-day average of the previous year. There has been a slight decrease in the median sale price of homes, which now stands at $620K, representing a 1.6% drop compared to the previous year. The median sale price per square foot has also declined by 2.5% to $278. The total number of homes sold this June was 291, which is lower than the 355 homes sold during the same period last year.
Littleton, CO Real Estate FAQs
Here are some of the most common questions our buyers and sellers are asking.
As of May 2023, the housing market in Littleton has seen some shifts. The median home price was down by 6.1% compared to last year, with homes selling for a median price of $618K. Homes typically stayed on the market for 5 days before selling, which is slightly longer compared to the average of 4 days on the market last year. Furthermore, there has been a decrease in the number of homes sold with 311 homes sold this year in May, compared to 406 homes sold during the same period last year.
The housing market in Littleton, CO is currently very competitive. Homes are typically on the market for just 5 days before they sell. The market is so active that many homes receive multiple offers, some even with waived contingencies. On average, homes are selling for approximately 1% above the list price and reach pending status in about 5 days. Moreover, particularly desirable properties, or "hot homes", can sell for around 3% above the list price and may go pending in as few as 3 days.
Absolutely, Littleton, Colorado is considered one of the best places to live in the state. Located just a few miles south of downtown Denver, Littleton boasts a charming Historic Downtown area filled with turn-of-the-century buildings, antique shops, locally-owned boutiques, galleries featuring local artists, and an array of cozy, relaxed eateries, restaurants, and bars.
-
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.
Discover Condo Living at Its Finest in Greenwood Village
Thinking about a luxury condo in Greenwood Village? Whether you have questions about the market or you’re ready to explore stunning properties, Lisa is here to make your home-buying journey seamless and rewarding. With her expertise and personalized approach, she’ll help you find the perfect space to suit your lifestyle. Don’t wait — reach out to Lisa today and take the first step toward effortless, upscale living!
More Properties Around Greenwood Village, CO
-
Search By Type
-
Nearby Locations
Greenwood Village Homes for Sale
Cherry Hills Village Homes for Sale
Cherry Creek Homes for Sale
Centennial Homes for Sale
Holly Hills Homes for Sale
Inverness Homes for Sale
Acres Green Homes for Sale
Englewood Homes for Sale
Dove Valley Homes for Sale
Meridian Homes for Sale
Littleton Homes for Sale
Highlands Ranch Homes for Sale
Sheridan Homes for Sale
Glendale Homes for Sale
Lone Tree Homes for Sale
Columbine Valley Homes for Sale
Grand View Estates Homes for Sale
Bow Mar Homes for Sale
Backcountry Homes for Sale
Stonegate Homes for Sale -
Related Zip Codes
80111 Homes for Sale
80237 Homes for Sale
80121 Homes for Sale
80113 Homes for Sale
80122 Homes for Sale
80222 Homes for Sale
80231 Homes for Sale
80112 Homes for Sale
80224 Homes for Sale
80210 Homes for Sale
80014 Homes for Sale
80120 Homes for Sale
80110 Homes for Sale
80126 Homes for Sale
80124 Homes for Sale
80130 Homes for Sale
80247 Homes for Sale
80246 Homes for Sale
80209 Homes for Sale
80012 Homes for Sale
Get in Touch
4643 S Ulster St 5th Floor Denver CO 80237 110 5th Avenue 5th Floor New York NY 10011
Get in Touch
Get in Touch
4643 S Ulster St 5th Floor Denver CO 80237 110 5th Avenue 5th Floor New York NY 10011