Every segiment of the West Higland real estate market is very much a seller's market at this time. Single Family Homes with 2.15 months of inventory (MOI), New Builds at 2 MOI and even condos at 2 MOI give sellers the upper hand in this market. Currently inventory is low all across the Denver Metro area, not only due to the seasonal decreases of the winter months and holidays, but due to sellers waiting on the side lines. There is alot of uncertainty for sellers right now. Some owe more than their house is worth and others are feeling the need to stay put during this time of economic uncertainty. One thing is for sure in West Highland......buyers are buying, and if you house is priced properly, in good condition and in a good location (and the Highlands is still a good location) it will sell.
Single Family
# Sold 13
Median Sales Price $339,000
Average Sales Price $324,050
Average PSF $217
Average DOM 59
Average List Price/Sales Price 93%
Current Active Listings 28
MOI 2.15
New Builds
# Sold 2
Median Sales Price $451,560
Average Sales Price $451, 560
Average PSF $190
Average DOM 101
Average ListPrice/Sales Price 84.8%
Current Active Listings 4
MOI 2
Condos
# Sold 3
Median Sales $137,000
Averages Sales $183,667
Average PSF $184
Average DOM 75
Average List Price/Sales Price 89.9%
Current Active 6
MOI 2
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