Is Highland, CO a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Highland is a seller's market

Buyer's
Market

Difference Since July 2021

Since last year, Highland has remained a Seller's Market.

Key Takeaway

Highland is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in Highland, CO cost?

Median Sold Price

$801,000

$551/sqft

Based on all homes sold in the last 12 months.

Difference Since July 2021

+$132,750(+19.9%)

Key Takeaway

Homes in Highland have sold for 19.9% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSJul 2021Jul 2022%
1 $440K$486K
+10.5%
2 $592.5K$676K
+14.1%
3 $849K$950K
+11.9%
4 $1.1M$1.2M
+8.0%
5+ $1.4M$2.5M
+80.7%

Median Sold Price Compared To Nearby Neighborhoods

Union
+21.6%
Highland
+19.9%
Witter
+4.9%

How many homes are available in Highland, CO?

Number of Homes For Sale

Jun 2022Jul 2022%
125113-9.6%

Homes For Sale By Bedroom Count

# BEDSJun 2022Jul 2022%
1 913
+44.4%
2 3936
-7.7%
3 5137
-27.5%
4 2423
-4.2%
5+ 24
+100.0%

Number of Homes Sold

Jun 2022Jul 2022%
5835-39.7%

Asking Price vs. Sold Price

10 Homes Were Sold
Under Asking

6 Homes Were Sold
At Asking

19 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Highland, you could pay more than the asking price. 54.3% of homes here sold above asking price last month.

Average Sale Time

Jul 2021Jul 2022%
51 Days46 Days-10.4%

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

14 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Highland has remained consistent over time.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

About Highland, CO

Homes for sale in Highland, CO have reached 113. In July 2022 in Highland, CO there were 9.6% less homes for sale than in June 2022. In July 2022 median list price was $801,000 and the average listing age was 46 days. Listing prices have changed in this real estate market between June 2022 and July 2022: 1 bedroom properties became 10.5% more expensive, the cost of 2 bedrooms properties went up by 14.1%, 3 bedrooms properties prices increased by 11.9%, 4 bedrooms properties became 8% more expensive, 5 bedrooms properties prices increased by 80.7%. This housing market inventory have changed: 1 bedroom homes inventory increased by 44.4%, number of 2 bedrooms homes decreased by 7.7%, 3 bedrooms homes inventory decreased by 27.5%, 4 bedrooms homes became 4.2% less available, volume of 5 bedrooms homes went up by 100%. Over 19 listings were sold over their listed price in July 2022 in Highland, CO. In the same period over 10 listings were sold below the listed price and 6 listings were sold for the listed price.