Lone Tree, on the southern edge of the Denver metro area, is home to a proud citizenry who embody their pride in the city motto, "It’s a great day to be in Lone Tree." With a number of activities, including the ever-popular annual Summer Concert Series, the popular Park Meadows Mall, golf courses and an extensive trail system, this community has everything you need for a leisurely vacation day.
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LAST MONTH’S DATA COMPARED TO PREVIOUS TWO YEARS
The industry considers Median Sales Price a more accurate look at home prices than average because it eliminates the outliers that can skew data.
Low inventory (new & active listings) can lead to a sellers market, especially if pending & sold listings are up. The opposite, high inventory and low sales will lead to a buyers market.
Months of inventory reflects an estimate of the amount of time it would take to sell all of the current listings in a given area. Six months is considered a ‘balanced’ market. Anything under 6 months is considered a sellers market and anything above is a buyers market.
