Highlands Ranch real estate is desired by many people in the Denver area or many of the people moving to the Denver area. It is a smaller community of only about 100,000 people and 37,000 households on the southwest side of Denver. The community has grown stronger since its founding and has remained strong. The Highlands Ranch real estate market hasn’t struggled much. In fact, for the most part, the Highlands Ranch market has held its value.

One reason that has helped keep this market strong is the desire to own property in the city due to the convenience the city offers. Many people find the convenience as a trademark of this area. Most residents are within minutes of restaurants and shopping, no matter where they live in the community. One of the most famous places in the city is the Park Meadows shopping center, which has more than 100 specialty stores and four department stores. Highlands Ranch is also part of Douglas County Schools, increasing the desire for families to move there. This is because Douglas County Schools are among the best schools in the United States.

In terms of stability, the Highlands Ranch real estate market is one of the most stable markets in the Denver area. There are very few foreclosures that you will find, however there is a mix of single family homes, golf course homes, and condos in the area.

You can find homes that range from less than $ 100,000 to more than $ 1 million. However, most of the normal single-family homes you’ll find cost around $ 200,000, while the larger four- and five-bedroom homes start around $ 300,000. Of the homes sold in the area, the median sales price tends to hover around $ 350,000. These homes are typically on the market for about 112 days and tend to sell for about 95% of the price they are actually listed for.

The Highlands Ranch real estate market is also controlled by the purchasing power of local consumers. In 2005, the census declared Douglas County to be the second richest county in the United States. The median household income in the United States is approximately $ 43,000. Douglas County’s median income was more than double that at $ 92,000. This means that Douglas County consumers have twice the purchasing power of other consumers across the country. So it is easy to see why this market has continued to perform well.

If you are considering moving to Denver, then you will want to research this market. With beautiful homes and a quiet community, you will enjoy your new home. You won’t be concerned about declining home values ​​either, as the Highlands Ranch real estate market has remained strong even through the market downturn we’ve seen occur across the country. This ensures that your home will be worth what you paid for for a long time.