July statistics indicate that Highlands Ranch real estate is pretty balanced in nearly all price ranges. Overall inventory is still lower than previous years numbers, however for the inventory we have to work with, things look optimistic for sellers.
The bulk of the activity is once again, between $200-$400k. This price range is attractive to many first time home buyers and with interest rates now at incredible lows, I forsee this activity to continue through the August statistics.
Sellers can know that the inventory levels favor them as far as supply/demand in the Highlands Ranch real estate market. However, I caution again that an overpriced home in less than good condition will struggle to sell in any market. Pay attention to the trends in your neighborhood.
Buyers continue to have mortgage rates at all time lows, so if you are borrowing to purchase your Highlands Ranch home then now may be the strongest buying power you may have, maybe ever. Take advantage of the mortgage markets and if you find the home you love, act on it more sooner than later. Supply remains low and the best inventory never lasts long.
If you want help finding your next Highlands Ranch home or selling your existing home, please let me know. I follow the market values and with nearly two decades of experience, I would love to help you out as well.
