The Ba
ic G o p'
Ma ke
Single-Famil Homes
Repo
www.TheBarticGroup.com
H
This week the median list price for Highlands Ranch, CO is $807,000 with the market action index hovering around 99. This is an increase over last month's market action index of 97. Inventor has increased to 44.
Ma ke
This answers How s the Market? b comparing rate of sales versus inventor . 50
Bu er's Market
60
20
80 100
10 0
on
S
90
M
a Tod th
Las t
99 S
Seller's Market
70
30
' Ma
The market continues to get hotter. More sales demand and fewer homes listed have contributed to a relativel long run of increasing prices. Current suppl and demand levels show no sign of prices changing from their current trend.
Ma ke
Ra
Real-Time Ma ke
Ac ion Inde
40
a
, CO
P ofile
Median List Price
$807,000
Median Price of New Listings
$815,000
Per Square Foot
$257
Average Da s on Market
8
Median Da s on Market
0
Price Decreased
20%
Price Increased
0%
Relisted
2%
Inventor
44
Median Rent
$3,000
Market Action
99
S
S
' Ma
Segmen
Each segment below represents approximatel 25% of the market ordered b price. M
a P
S .F.
L
$1,395,000
4,987
$899,000
S
B
Ba
A
N
Ab
0.25 - 0.5 acre
5
4
19
7
4
0
3,851
6,500 - 8,000 sqft
5
4
23
7
4
0
$750,000
2,980
4,500 - 6,500 sqft
4
4
24
5
4
14
$650,000
2,251
4,500 - 6,500 sqft
3
3
26
8
5
0
Thu Apr 28 2022
b
DOM
2 of 6
The Ba
ic G o p'
Ma ke
Single-Famil Homes
Repo
www.TheBarticGroup.com
Median Li
H
a
Ra
, CO
P ice
Price trends continued their recent uptrend this week. While still below the market s price high-point, we ve seen a nice run recentl . $1.0M
$900K
$800K
$700K
$600K
$500K Ma 2019
Sep 2019
Jan 2020
Ma 2020
Sep 2020
7-Da A
a
Jan 2021
90-Da A
Ma 2021
Sep 2021
Jan 2022
a
Segmen
Pricing in the middle of the market is in an up trend latel , while Quartiles 1 and 4 are mixed. The Market Action Index for Quartiles 1 and 4 can tell us whether the are about to resume an upward price trend or whether we re at the beginning of a decline. $1.8M
$1.5M
$1.3M
$1.0M
$750K
$500K
$250K Ma 2019
Sep 2019
T
Jan 2020
90-Da
Ma 2020
U
Sep 2020
90-Da
Jan 2021
L
90-Da
Thu Apr 28 2022
Ma 2021
B
Sep 2021
Jan 2022
90-Da
3 of 6
The Ba
ic G o p'
Ma ke
Single-Famil Homes
Repo
www.TheBarticGroup.com
P ice Pe
S
H
a
Ra
, CO
a e Foo
In a market where prices are rising fairl consistentl , price per square foot is essentiall flat. This often implies that new homes coming on the market are pricier, and also larger than older homes. As a result the value one can bu sta s the same. $350
$300
$250
$200
$150 Ma 2019
Sep 2019
Jan 2020
Ma 2020
7-Da A
Sep 2020
a
Jan 2021
90-Da A
Ma 2021
Sep 2021
Jan 2022
a
In en o
Inventor has been climbing latel . Note that rising inventor alone does not signal a weakening market. Look to the Market Action Index and Da s on Market trends to gauge whether bu er interest is keeping up with available suppl . 200
150
100
50
0 Ma 2019
Sep 2019
Jan 2020
Ma 2020
7-Da A
Sep 2020
a
Jan 2021
90-Da A
Thu Apr 28 2022
Ma 2021
Sep 2021
Jan 2022
a
4 of 6
The Ba
ic G o p'
Ma ke
Single-Famil Homes
Repo
www.TheBarticGroup.com
Ma ke
H
a
Ra
, CO
Ac ion Inde
The market continues to get hotter. More sales demand and fewer homes listed have contributed to a relativel long run of increasing prices. Current suppl and demand levels show no sign of prices changing from their current trend. 120
100
80
60
40
20 Ma 2019
Sep 2019
Jan 2020
Ma 2020
Sep 2020
7-Da A
Ma ke
a
Jan 2021
90-Da A
Ma 2021
Sep 2021
Jan 2022
a
Ac ion Segmen
Not surprisingl , all segments in the market are showing high levels of demand. Watch the quartiles for changes before the whole market changes. Often one end of the market (e.g. the high-end) will weaken before the rest of the market and signal a slowdown for the whole group. 120
100
80
60
40
20 Ma 2019
Sep 2019
Jan 2020
T
90-Da
Ma 2020
U
Sep 2020
90-Da
Jan 2021
L
90-Da
Thu Apr 28 2022
Ma 2021
B
Sep 2021
Jan 2022
90-Da
5 of 6
The Ba
ic G o p'
Ma ke
Single-Famil Homes
Repo
www.TheBarticGroup.com
Median Da
H
on Ma ke
a
Ra
, CO
(DOM)
The properties have been on the market for an average of 10 da s. Half of the listings have come newl on the market in the past 1 or so da s. Watch the 90-da DOM trend for signals of a changing market. 80
60
40
20
0 Ma 2019
Sep 2019
Jan 2020
Ma 2020
Sep 2020
7-Da A
a
Jan 2021
90-Da A
Ma 2021
Sep 2021
Jan 2022
a
Segmen
It is not uncommon for the higher priced homes in an area to take longer to sell than those in the lower quartiles. 125
100
75
50
25
0 Ma 2019
Sep 2019
Jan 2020
T
90-Da
Ma 2020
U
Sep 2020
90-Da
Jan 2021
L
90-Da
Thu Apr 28 2022
Ma 2021
B
Sep 2021
Jan 2022
90-Da
6 of 6