Feb 2011 MLS statistics for Highlands Ranch
The latest MLS statistics for Highlands Ranch has been released, and after 2 months of the real estate selling season, there have been some improvements. TheFebruary 2011 Highlands Ranch MLS one page report can be printed, but a few points stand out.
1. # of closed sales from last February to this February went up 13%
2. Average Days on the Market went up 15% to 112 days, and last month it was 114 days
3. # of new listings dropped 47% to 184
4. Average Days on the Market for condos skyrocketed up 119% to 171
5. Absorbtion rate for condos is about 8 months, compared to homes at about 6.3 months.
6. Number of new condo listings sank to 28, a 65% drop.
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