Feb 2011 MLS statistics for Highlands Ranch

By Michael Garard • March 9th, 2011

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.

For specific area by area, subdivision by subdivision, for your home, give me a call at 303-888-2488, or email me at mcgmhg@earthlink.net.

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