Highlands Ranch, Colorado Real Estate and Relocation Information

Highlands Ranch is 12 miles from downtown Denver, and once prime hunting for the Arapahoe, Cheyenne and Ute Indians, then in 1937 prime ranch land owned by the son of a Colorado Senator, Lawrence Phipps. Since 1981, the ranch has become a 22,000 acre suburban master-planned community still being developed by many local and national builders. From condos and townhomes to million-dollar mansions, Highlands Ranch offers suburban living for every taste.

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Highlands Ranch, Colorado Real Estate

Highlands Ranch real estate runs the gamut from condos and townhomes to $1 million dollar homes.

• Highlands Ranch condos and townhomes sell from the mid-$100,000s for a 1000 square foot, 2 bedroom, 2 bath condo to over $400,000 for a plus 2275 square foot, 3 bedroom, 2 bath townhome. Average condo/townhome price is $235-240,000.
• Highlands Ranch homes range from the low $200,000s for a modest older, 3 bedroom, 3 bath home to $1.5+ million for a lavish 8,000 square foot, 4 bedroom, 6 bath estate type home.

Highlands Ranch Real Estate Prices for January 2008
(data from August 1, 2007 to January 31, 2008)

441 detached single family homes were sold with a median list price of $319,900. On average homes took 62 days to sell and sold for a median price of $314,500. Median price is a better measure of sold price than average, which is skewed by a few high-priced homes at the top end and low-priced homes at the bottom. Lowest sold price for detached single family homes was $180,500; highest sold price was $1,600,000. For condos and townhomes (attached family homes) the lowest sold price was $110,500 while the highest was $422,000. The median sold price was $233,650, and the average was $235,403.
 
The ratio of sold to list price was 98.31% for detached homes. The ratio of sold to original price was 98.86%. The net sold (after seller concessions such as down payment or closing cost assistance, and the like) to original list price was 97.83%. To simplify, if a seller originally listed their home at $325,000 they realized $317,948 from the sale.

Highlands Ranch Recreation

Vast open space dots the landscape between housing developments. Large and small shopping areas, a town center, parks, trails, parkways, and rec centers provide infrastructure, services and recreation for its 86,000 residents. C-470 rims its north edge, and light rail extends close enough to commute to central Denver.

Highlands Ranch Shopping & Restaurants

Shopping in Highlands Ranch is limited to light retail, but one of Denver’s toniest shopping centers, Park Meadows Mall, is minutes away. Denver’s famed Tattered Cover book store has a store in Highlands Ranch, giving south suburbanites access to the well-loved bookstore. With Park Meadows and Greenwood Village nearby, plus its own neighborhood restaurants, there’s always a place to dine.

Highlands Ranch, Colorado Zip Codes

• 80124
• 80126
• 80129
• 80130
• 80163

Highlands Ranch Hospitals and Medical Centers

• Littleton Adventiest Hospital
• Sky Ridge Medical Center, Lone Tree
• Swedish Medical Center, Englewood

Highlands Ranch, Colorado Weather

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