Ready to Make Your Move?
The real estate market price change map above shows home sale statistics for January 2012 from three adjoining neighborhoods LoHi (labeled Highlands East), Highland Central, and Highland West. In this article I will explain what is happening in the Central and West Highlands real estate market. Please read the LoHi Real Estate Blog to stay up-to-date on LoHi market news and statistics.
January 2012 Central Highlands Real Estate Market Statistics
- The average days on market (DOM) was 65 days which is the average time it takes a Central Highlands home to sale.
- There was healthy positive 6% price change since 2011 for Central Highlands homes for sale.
- $375,000 is the current average price of Central Highlands homes for sale as of January 2012.
- From January 2011 to January 2012, 95 Homes sold in Central Highlands.
- There are currently 15 active Central Highlands homes for sale as of January 2012.
- There are 1.8 months of inventory available in Central Highlands. A healthy market has 6 months of inventory or less which means that the Central Highlands real estate market is very healthy and could be turning into a sellers market as of January 2012.
As you can see in the map above, the Central Highlands real estate market has been improving over the past year.
January 2012 West Highlands Real Estate Market Statistics
- The average days on market (DOM) was 113 days which is the average time it takes a West Highlands home to sale.
- There was a very healthy positive 9% price change since 2011 for West Highlands homes for sale.
- $349,000 is the current average price of West Highlands homes for sale as of January 2012.
- From January 2011 to January 2012, 90 Homes sold in West Highlands.
- There are currently 25 active West Highlands homes for sale as of January 2012.
- There are 3.3 months of inventory available in West Highlands. A healthy market has 6 months of inventory or less which means that the West Highlands real estate market is very healthy as of January 2012.
As you can see in the map above, the West Highlands real estate market has been improving substantially over the past year.
It’s a great time to be a buyer or a seller of Highlands homes for sale. Interest rates are at all-time lows and Highlands is a beautiful neighborhood with many dining and night life opportunites that you can walk to.
Contact J. David Lampe, your Highlands REALTOR®, to start looking for your Highlands home for sale today.
J. David Lampe
Highlands REALTOR®
RE/MAX Alliance
303.550.8563
WebSavvyRealEstate.com