The numbers are in for October 2016. The median sold price is holding steady, and the average days on market has only gone up 1 day. There were fewer new and active listings compared to September, but that’s to be expected.
AUGUST 2016: The median sold price for Colorado held steady from July to August. Note that for all Front Range markets (except Fort Collins-Loveland), home prices increased from August 2015. Data: RE Colorado.
The repayment of loan principal through equal payments over a designated period of time consisting of both principal and interest. (Realtor.org)
Neighborhood spotlight: Highlands Ranch
Not to be confused with Denver Highlands, this bedroom community sits on the metro area’s southern border in unincorporated Douglas County. A 22,000-acre master-planned community first developed 35 years ago by the Mission Viejo Company of Cali fame, Highlands Ranch is now owned by Shea Homes. There are approximately 96,000 residents, according to the Highlands Ranch Metro District (the governing entity).
Highlands Ranch has a farm in the center (yes, it really is a working ranch) which once made Limburger cheese (peeyuu… thankfully not anymore). There’s also a 100-year-old windmill and a bona fide historic castle (Castle Isabel aka Highland Ranch Mansion). Legend has it that Union General Kit Carson built his last campfire in the area.
The neighborhood boasts miles of open space and trails, tons of community events and four recreation/fitness centers with pools (included with quarterly community assessments of $142). Some neighborhoods have sub-association fees hovering around $25/mo. (including trash). Housing ranges from brownstones in the mid $200Ks to gated homes hovering under $800K. The median home sales price is currently $430,000 (Trulia).
Each year, the 21-stage Tour de France (ending in Paris July 24) gets people thinking about cycling. Here in the states, it’s a bit of a phenomenon, with cities eager to earn status as a bike-friendly metropolis. We’ve compiled a list of 10 standout cities, based on the ranking from the Travel Channel (because we liked it the best): Continue reading Tour on! Top 10 bike-friendly towns→