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.

July 2008 Market Statistics

In metro Denver closed sales in July were 5,123 compared with 4,980 in July 2007, a 2.9% gain. The average selling price for the period was $262,224 compared to an average in July 2007 of $289,294, a percentage drop of 9.4. The median sale price for single-family homes was $229,200 compared with $255,000 in July 2007, for a drop of 10.1%. 969 condos and townhomes sold in July 2008, compared with 1,081 for the same period in 2007, a drop of 10.4%. Median prices for condos in July 2008 were $149,000 compared with $158,000 in July 2008, a drop of 5.7%. For single family houses, condos and townhomes the average number of days a house was on the market in July 2008 was 98, and in July 2007 was 95. The list to sale ratio was 97% in 2008 versus 98% in 2007. 25,673 houses are currently on the market and interest rates are still low. It’s a great time to buy in the Denver real estate market, but if you’re a seller you may want to wait till conditions improve.

Check out the current Market Conditions Report for further analysis.

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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