If you're a homeowner in Timnath Ranch, you’re likely interested in how your local market is performing, especially with all of the new construction that has recently occurred by developers like DR Horton, CB Signature Homes, William Lyon Homes and Sage Homes to name a few. Colorado, overall, has been enjoying an increasingly strong market throughout the last 3 years, which has resulted in pricing increases for purchase prices and rental rates.
Timnath Ranch has seen a substantial amount of growth with the new builds that will be continuing throughout 2018. I would like to share with you some of the recent sales that have occurred in your neighborhood within the last three months, as well as MLS statistics that reveal the market trends specifically in Timnath Ranch throughout the last three years.
hese following graphs illustrate the trend in Median Sales Price and Median Price per Total Square Footage based on sales price data available on IRESIS MLS throughout the last three years. The data above reveals a steady increase, alongside the building and expansion of the Timnath Ranch neighborhood.
Each year, there are dips, which correlate with the seasonal changes in buyer and seller habits. If the trend continues as it has throughout each year of the last three years, Spring 2018 should continue to see an increase in both Median Sales Price as well as Median Price per Square Footage.
Whether you’re thinking of selling or not, give me a call for a free analysis on your specific property to get an idea of where your property stands in your market and what you can do to help get your property where you would like it to be when compared to the homes around you.