The Highlands, CO Real Estate & Homes for Sale

Current Market Dynamics: The Highlands, CO real estate market is characterized by its competitive nature. As of October 2023, there's been a notable shift with the median home price at $507K, showing a decrease of 5.1% from last year. This adjustment offers a unique opportunity for buyers in a traditionally high-demand market. Homes are selling at an unprecedented pace, averaging just 6 days on the market, a significant drop from the 27 days observed last year. This rapid turnover rate highlights the area's enduring appeal despite the price adjustment.

Market Trends: An interesting contrast in the Highlands market is the 10.5% increase in the median sale price per square foot, now at $253. This indicates that while overall home prices have seen a decrease, the value of property space in Highlands continues to rise. The market remains vigorous, with properties often receiving multiple offers and some buyers opting to waive contingencies. On average, homes are selling for around 1% above the listing price and typically go pending in about 7 days. The most desirable properties, or "hot homes," tend to sell for roughly 2% above the listing price and may go pending in as few as 4 days.

Why Partner with The Fox Group?

In the dynamic Highlands real estate market, The Fox Group stands out as your trusted advisor. Our deep understanding of market trends and our commitment to providing tailored, expert advice ensures that whether you're buying or selling, you're positioned for success. With our guidance, you'll navigate the complexities of the market with confidence, making informed decisions that align with your real estate goals.

Looking to explore real estate opportunities in Highlands, CO? Reach out to The Fox Group today for a personalized consultation and embark on your real estate journey with a team that prioritizes your needs.