Lone Tree, Colorado Real Estate and Relocation Information

One of the Denver area’s newer suburbs, the upscale Lone Tree is about 20 miles south of Denver and 25 miles from Denver International Airport. It lies next to Highlands Ranch, a master planned community which draws thousands of home buyers each year.

Current population of Lone Tree is 7,500+ residents, but the suburb has plans for a 3,500-acre, master planned New UrbanismNew Urbanism community, incorporating living, recreation, shopping, dining and workplace into the design. It is intentionally designed to provide an urban feel in a suburban environment, modeled after other Denver area New Urban communities such as Lowry and Stapleton. RidgeGate will feature public art, neighborhood parks, trailways, parkways, and natural parks, giving it an uncrowded look.

Light rail is scheduled to open at I-25 and Lincoln in the fall of 2006, giving easy access to downtown Denver, the Denver Tech Center, and other stops along the way.

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Lone Tree, Colorado Real Estate

Lone Tree real estate is upscale, averaging close to $670,000, more than twice the average Denver home price.

• The average price will fetch a 3-4,000+ square foot, 4-5 bedroom, 4-5 bath home with all the amenities in a good neighborhood.
• Average price for a Lone Tree condo or townhome is close to $270,000 which will buy a 2 bedroom, 2 bath, 1,300 square foot condo in an average upscale building.

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.

Lone Tree, Colorado Recreation

• The Lone Tree Recreation Center, opened in 2004 and located in RidgeGate, is a modern facility with all the bells and whistles.
• Miles of trails wander through the landscape, and beautiful Sweetwater Park offers a grass ball field, courts, and a playground.

Lone Tree Zip Codes

• 80214

Lone Tree, Colorado Hospitals and Medical Center

Lone Tree boasts a new 138-bed hospital, Sky Ridge Medical Center, a Health One full service facility providing top patient and visitor amenities such as a Healing Garden, Amenity Suites (larger rooms, private chef, robes, larger bathrooms, concierge service) and a visitors’ business center.

Lone Tree, Colorado Weather

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