August MLS sales statistics for Highlands Ranch Homes and Condos
The latest MLS sales highlights have been released for Highlands Ranch and in the residential market, there is a slight decrease in average price sold, and a 16% increase in number of Condo sales, year over year.
Others items to note:
Absorbtion rate is down to 3.6 months of inventory, a 50% improvement from last year.
Average days on the market for residential is about 88 days.
# of Active residential listings is down to 529, a 33% drop from last August.
Average Days on Market for Condos jumped up to 138 days.
The number of active listings is down to 118, a 25% reduction from last year.
Average price sold for condos is at about $283,299, and is at $358,316 for residential homes.
See all the data and a graph at MLS sales statistics for august 2011.
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