DHL-Douglas County Highlands Ranch and Lone Tree real estate and homes sold October 2008

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DHL-Douglas County Highlands Ranch and Lone Tree real estate and homes sold October 2008

Real estate and Homes Sold in Highlands Ranch, Lone Tree and Douglas County Colorado. October 2008.

These stats are from our local MLS MetroList serving the Denver Metro Area. This report is for single family residential real estate and homes sold including Condos.

Does your REALTOR know the market? Do you know your home is receiving maximum exposure in this slower market? When you sell or buy real estate or homes in today’s market you need to know that you are getting the best and most up-to-date information about the current real estate market. Call Steven Beam for and interview today. Steven is a real estate broker serving the Douglas County Colorado market.

Residential, Single Family Homes Sold in Highlands Ranch and Lone Tree. Colorado.

Absorption Rate tells us how long it would take to sell all the current inventory of homes on the market in the selected geographic area.

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Single Family Homes/Residential Real Estate SOLD. Highlands Ranch and Lone Tree.

October 2007 October 2008 % Change
# Closed Sales -Month 161 144 -10.6%
# Closed Sales Year to Date 1,980 1,613 -18.5%
Average Days on Market 54 78 44.4%
# Of Active Listings 648 608 -6.2%
# Of New Listings 346 350 1.2%
Absorption Rate (Months) 4.2 4.3 -0.7%
Average Sold Price $340,888 $350,513 2.8%

Condos Sold in Highlands Ranch and Lone Tree, Coloado. October 2008

October 2007 October 2008 % Change
# Closed sales – Month 26 30 15.4%
# Closed Sales Year to Date 240 265 10.4%
Average Days on Market 96 75 -21.9%
# Active Listings 166 142 *14.5%
# New Listings 69 40 -42.0%
Absorption Rate (Months) 5.6 months 4.9 months -12.7%
Average SOLD Price $215,663 $243,558 12.9%

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