Infographic: May 2015 Market Update for Lower Highlands

 

 

2015 5. May - Lower Highlands Infographic

 

Sales in Lower Highlands remain strong and consistent month-over-month, with just slightly fewer sold listings in April (21) than in March (24). At the low end of these sales, a lot with a small home in need of scraping was sold at $250,000. The highest sold property was a single-family residence at 3,809 square feet, including an unfinished basement, that sold for $949,000. 

There are currently 58 properties under contract and 55 active listings. Of the 55 active listings, 20 of these are single-family residences, and 35 are attached units, including townhouses, condos, and row homes. Only 3 available listings in this neighborhood are priced under 400,000.

While the average days on market in LoHi is sitting at 119 days, sellers, on average, are seeing sales prices at 98.59% of the list price. It continues to be a great time to sell in this neighborhood, and buyers who want to live here understand that they will need to act fast, and go in strong.

*Not all properties were listed and/or sold by 8z Real Estate. This data is based on content supplied by REcolorado, IRES, PPAR, and/or MLSListings. Content is deemed reliable but not guaranteed. Content may not reflect all real estate activity in the market.

 

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