MICROMARKET REPORT
DENVER METRO | YEAR END 2020
DENVER METRO NEIGHBORHOODS 1.
48
Ken Caryl Valley
7
2. Ken Caryl North Ranch
11
3. Lakewood
49
10
4. Belmar
44 34
6
47
35 33
14 15
5. Bow Mar/Bow Mar South
13
16
19
20
36
42
32
6. Sloan’s Lake
21
37
31
43
12
7. Berkeley
41
30 4
8. Polo Reserve
17 3
9. Columbine Valley
18
10. LoHi
22 23
29
28
11. Highlands 12. Baker
27
13. Golden Triangle 14. Downtown
50
15. Uptown
26
16. Denver (City)
5 25
17. Washington Park West
38
18. Platt Park
9
19. Capitol Hill
24
20. Cheesman
2
21. Country Club
1
39
8
45
40
46
22. Washington Park East Pictured on cover: 740 N Washington Street, Denver
23. Bonnie Brae/Belcaro 24. Southglenn 25. Greenwood Village West
32. Congress Park
39. Homestead
46. Saddle Rock Golf Club
26. Cherry Hills Village
33. City Park South
40. Heritage Greens
47. Jefferson Park
27. Southern Hills
34. City Park
41. Crestmoor
48. Sunnyside
28. Observatory Park
35. Park Hill
42. Montclair
49. RiNo
29. Cory-Merrill
36. Hale Mayfair
43. Lowry
50. Southmoor Park
30. Cherry Creek South/East
37. Hilltop
44. Central Park
31. Cherry Creek North
38. Greenwood Village East
45. Tallyn’s Reach
coloradomicroreports.com
DENVER METRO MARKET UPDATE Despite the pandemic, social unrest, and impactful political events, Denver’s reign as one of the most desirable cities in which to live continued. Attracting homebuyers with its urban setting, acres of pristine parks, and lush outdoor recreation areas, Denver Metro had another stand-out year for real estate. According to the year-end Micro Market Report, produced by LIV Sotheby’s International Realty, which summarizes Denver Metro’s market performance during 2020 in comparison to 2019, the Mile High City had a record year. While the city had a decline in inventory, dropping 2% from 2019 levels, bringing just 67,495 new listings onto the market last year, rising appreciation for available single family (+9.6%) and attached homes (+4%) paired with a boost in overall listings sold (+13.5%) contributed to the 22.4% increase in overall sales volume in 2020. Heightened demand for Denver Metro homes placed buyers in stiff competition due to a limited number of listings last year. These conditions accelerated the timeline for many buyers and sellers, decreasing the average days on market for Denver Metro homes by 21.9%, from 32 days in 2019 to 25 days in 2020. On a smaller scale, the City of Denver saw an increase in the number of properties sold last year, rising 7.8% from 14,308 listings sold in 2019 to 15,430 listings sold in 2020. The average sold price for homes in the area rose slightly by 1%, bringing the average sold price to $552,795. The highly sought-after neighborhoods of Cherry Creek South and East had the most notable appreciation of home values, rising 23.6% during 2020 compared to 2019. Several other neighborhoods experienced impressive increases in the number of listings sold, such as Greenwood Village West, Columbine Valley, and City Park South. Properties smaller than an acre in Greenwood Village West, an area beloved for its energetic blend of residential and commercial areas, had an 86.6% rise in homes sold, growing from 50 listings sold in 2019 to 93 listings sold last year. Listings sold in the Columbine Valley neighborhood rose by 69.6%, growing from 23 homes sold in 2019 to 39 homes sold last year. In City Park South, sales for properties increased by an impressive 81.8%. This particular neighborhood also led the region in the shortest time spent on the market.
DENVER METRO January through December
2019
2020
% Change
New Listings
68,845
67,495
-2.0%
Sold Listings (All Properties)
53,841
61,107
13.5%
Sold Single Family
37,932
43,029
13.4%
Sold Attached
15,909
18,078
13.6%
32
25
-21.9%
Average Price (Single Family)
$523,376
$573,588
9.6%
Averge Price (Attached)
$361,506
$375,830
4.0%
97.7%
100.0%
2.4%
$25,721,347,382
$31,475,901,769
22.4%
Average Days on Market
% Sold Price to Original List Price Total Dollar Volume Sold
Counties: Adams, Arapahoe, Broomfield, Denver, Douglas, Jefferson Attached Dwellings Include: Condos, Townhomes, and Duplexes
Further illustrating the level of demand and competition for homes in Denver Metro, many neighborhoods saw dips in the time listings spent on the market. Although properties in City Park South spent the least amount of time on the market, averaging just 12 days, other areas experienced more significant decreases. For example, Sloan’s Lake, a community centered around the waterfront park by the same name, showed a 55.6% decrease in average days on market in 2020, from 45 days in 2019 to 20 days last year. Downtown Denver’s condominium market also picked up the pace with listings dropping from an average of 175 days on market to 56 days on market in 2020. Denver Metro’s access to the outdoors, stable job market, and highly ranked public schools all contribute to its continuing appeal for homebuyers, especially those looking for a more intentional and active lifestyle. The allure of living in the Mile High City remains strong and has kept us busy even during these tumultuous times.
Based on Information from REColorado. This representation is based in whole or in part on data supplied by REColorado. REColorado does not guarantee nor is in any way responsible for its accuracy. Data maintained by REColorado may not reflect all real estate activity in the market.
MICROMARKET REPORT | Denver Metro livsothebysrealty.com
JANUARY - DECEMBER 2020 • COLORADOMICROREPORTS.COM
DENVER (CITY)
7.8%
January through December
2019
2020
% Change
$547,555
$552,795
1.0%
360
$378
5.0%
31
27
-12.9%
$10,750,000.00
$4,625,000
-57.0%
Properties Sold
14,308
15,430
7.8%
% Sold Price to List Price
96.8%
97.5%
0.7%
Average Price Average Price per Square Foot Average Days on Market
The number of properties sold in the City of
Highest Price
Denver increased by 7.8% January through December 2020 compared to that of 2019.
Boundaries: City of Denver
BAKER January through December Average Price Average Price per Square Foot Average Days on Market Highest Price Properties Sold % Sold Price to List Price
2019
2020
% Change
$513,353
$529,541
3.2%
$408
$425
4.2%
34
21
-38.2%
$1,020,000
$1,070,000
4.9%
144
160
11.1%
97.8%
99.4%
1.6%
Boundaries: 6th Avenue to Mississippi; South Platte River to Broadway
23.3%
430 Delaware Street, Denver
BELMAR January through December Average Price Average Price per Square Foot Average Days on Market
The average days on market in the neighborhood
Highest Price
of Belmar decreased by 23.3% January through
Properties Sold
December 2020 compared to that of 2019.
% Sold Price to List Price
2019
2020
% Change
$454,893
$474,310
4.3%
$287
$295
2.6%
43
33
-23.3%
$1,100,000
$1,100,000
0.0%
56
57
1.8%
97.1%
97.8%
0.7%
Boundaries: Kentucky to Alameda; Wadsworth to Pierce
coloradomicroreports.com
) BERKELEY January through December Average Price
2019
2020
% Change
$638,662
$703,829
10.2%
$505
$518
2.5%
25
19
-24.0%
$1,375,000
$1,785,000
29.8%
169
193
14.2%
97.6%
99.9%
2.4%
Average Price per Square Foot Average Days on Market Highest Price Properties Sold % Sold Price to List Price
10.2% The average price in the neighborhood of Berkeley increased by 10.2% January through December 2020 compared to that of 2019.
Boundaries: W 38th Ave to I-70; Sheridan to Federal
BONNIE BRAE/BELCARO January through December Average Price Average Price per Square Foot Average Days on Market Highest Price Properties Sold % Sold Price to List Price
2019
2020
% Change
$1,250,598
$1,320,177
5.6%
$570
$580
1.8%
47
41
-12.8%
$4,875,000
$3,875,000
-20.5%
70
84
20.0%
95.4%
96.0%
0.7%
Boundaries: Mississippi to Cherry Creek Drive South; University to Colorado
865 S Steele Street, Denver
R BOW MAR/BOW MAR SOUTH January through December Average Price
2020
% Change
$1,453,832
$1,501,942
3.3%
$414
$469
13.3%
52
52
0.0%
The average price per square foot in the
$3,250,000
$2,922,800
-10.1%
neighborhood of Bow Mar/Bow Mar South
18
26
44.4%
increased by 13.3% January through December
94.7%
95.3%
0.6%
2020 compared to that of 2019.
Average Price per Square Foot Average Days on Market Highest Price
13.3%
2019
Properties Sold % Sold Price to List Price Boundaries: West Quincy Avenue to West Bowles Avenue
MICROMARKET REPORT | Denver Metro livsothebysrealty.com
JANUARY - DECEMBER 2020 • COLORADOMICROREPORTS.COM
CAPITOL HILL January through December Average Price Average Price per Square Foot
2019
2020
% Change
$364,328
$370,445
1.7%
$368
$375
1.8%
34
36
5.9%
$3,056,000
$1,925,000
-37.0%
376
337
-10.4%
96.8%
97.0%
0.2%
Average Days on Market Highest Price Properties Sold % Sold Price to List Price
Boundaries: Broadway to Downing; 6th Avenue to Colfax
1300 N Ogden Street #401, Denver
CENTRAL PARK January through December Average Price Average Price per Square Foot Average Days on Market Highest Price Properties Sold % Sold Price to List Price
10.4%
2019
2020
% Change
$707,445
$754,903
6.7%
$328
$337
2.8%
27
22
-18.5%
$1,386,185
$1,530,000
10.4%
The highest priced sale in Central Park increased by
406
423
4.2%
10.4% January through December 2020 compared
99.5%
99.1%
-0.3%
to that of 2019.
Boundaries: Quebec to Havana; Montview to 64th
CHEESMAN January through December
Cheesman is one of the oldest neighborhoods in Denver and was originally developed with mostly large mansions that still stand to this day.
Average Price Average Price per Square Foot Average Days on Market Highest Price Properties Sold % Sold Price to List Price
2019
2020
% Change
$501,555
$511,847
2.1%
$393
$396
0.7%
36
45
25.0%
$4,350,000
$2,400,000
-44.8%
186
176
-5.4%
97.0%
96.4%
-0.7%
Boundaries: York to Downing; Colfax to 8th Avenue
coloradomicroreports.com
L
CHERRY CREEK EAST & SOUTH January through December Average Price
2019
2020
% Change
$696,136
$860,282
23.6%
$406
$424
4.5%
59
46
-22.0%
$2,745,000
$3,889,000
41.7%
135
148
9.6%
96.0%
95.8%
-0.3%
Average Price per Square Foot Average Days on Market Highest Price Properties Sold % Sold Price to List Price Boundaries: University to Colorado; Alameda to 1 Avenue st
333 S Monroe Street #606, Denver
CHERRY CREEK NORTH January through December* Average Price Average Price per Square Foot Average Days on Market Highest Price Properties Sold % Sold Price to List Price
2019
2020
% Change
$1,406,907
$1,262,254
-10.3%
$646
$594
-8.1%
65
46
-29.2%
$6,742,620
$4,015,000
-40.5%
198
176
-11.1%
95.3%
94.9%
-0.4%
Boundaries: York to Colorado; 1st Avenue to 6th Avenue
333 Milwaukee Street, Denver
CHERRY HILLS VILLAGE January through December Average Price Average Price per Square Foot Average Days on Market Highest Price Properties Sold % Sold Price to List Price
2019
2020
% Change
$1,878,708
$1,974,100
5.1%
$445
$487
9.5%
45
28
-37.8%
$3,689,000
$5,500,000
49.1%
66
72
9.1%
93.0%
96.1%
3.4%
Location of the Cherry Hills Country Club, which has hosted two PGA Championships, this neighborhood is home to many beautiful properties.
(Under 1 Acre) Boundaries: Hampden to Belleview; Clarkson to Happy Canyon Road and Charlou
MICROMARKET REPORT | Denver Metro livsothebysrealty.com
JANUARY - DECEMBER 2020 • COLORADOMICROREPORTS.COM
CHERRY HILLS VILLAGE January through December Average Price Average Price per Square Foot Average Days on Market Highest Price Properties Sold % Sold Price to List Price
2019
2020
% Change
$3,060,511
$3,237,613
5.8%
$498
$593
19.0%
99
104
5.1%
$11,525,000
$9,450,000
-18.0%
45
55
22.2%
91.3%
93.0%
1.9%
(Over 1 Acre) Boundaries: Hampden to Belleview; Clarkson to Happy Canyon Road and Charlou
1500 E Stanford Avenue, Cherry Hills Village
CITY PARK January through December Average Price
2020
% Change
$623,057
$662,324
6.3%
$402
$421
4.8%
35
20
-42.9%
The average days on market in City Park decreased
$1,219,000
$1,347,500
10.5%
by 42.9% January through December 2020
72
88
22.2%
compared to that of 2019.
97.8%
100.5%
2.7%
Average Price per Square Foot Average Days on Market Highest Price
42.9%
2019
Properties Sold % Sold Price to List Price Boundaries: Downing to York; 18th to Martin Luther King
81.8%
CITY PARK SOUTH January through December Average Price Average Price per Square Foot Average Days on Market
The number of properties sold in City Park South
Highest Price
increased by 81.8% January through December
Properties Sold
2020 compared to that of 2019.
% Sold Price to List Price
2019
2020
% Change
$700,236
$695,911
-0.6%
$479
$499
4.2%
11
12
9.1%
$1,049,900
$1,097,000
4.5%
11
20
81.8%
97.4%
99.7%
2.4%
Boundaries: York to Colorado; Colfax to 17th
coloradomicroreports.com
COLUMBINE VALLEY January through December Average Price Average Price per Square Foot Average Days on Market Highest Price Properties Sold % Sold Price to List Price
Named after the state
2019
2020
% Change
flower, Columbine Valley
$1,328,756
$1,389,606
4.6%
offers residents an
$408
$444
8.7%
attractive neighborhood
68
63
-7.4%
with expansive views, a
$2,725,000
$3,700,000
35.8%
nearby golf course, and a
23
39
69.6%
variety of community events
97.0%
97.2%
0.2%
and activities.
Boundaries: South Polo Ridge Drive to West Bowles; Platte Canyon Road to South Platte River
CONGRESS PARK
The community’s namesake
January through December
park, Congress Park,
Average Price
features pristine grounds,
Average Price per Square Foot
a children’s playground
Average Days on Market
and renovated outdoor
Highest Price
swimming pool, tennis
Properties Sold
courts, and soccer fields.
% Sold Price to List Price
2019
2020
% Change
$640,775
$653,994
2.1%
$456
$460
0.8%
31
27
-12.9%
$2,300,000
$2,750,000
19.6%
177
228
28.8%
96.7%
98.2%
1.5%
Boundaries: York to Colorado; 6th Avenue to Colfax
CORY-MERRILL January through December Average Price Average Price per Square Foot Average Days on Market Highest Price Properties Sold % Sold Price to List Price
2019
2020
% Change
$918,259
$942,509
2.6%
$471
$515
9.3%
52
32
-38.5%
$1,800,000
$2,050,000
13.9%
121
121
0.0%
95.6%
97.1%
1.5%
38.5% The average days on market in Cory-Merrill
decreased by 38.5% January through December 2020 compared to that of 2019.
Boundaries: South University Blvd to South Colorado Blvd; 1-25 to East Mississippi Ave
MICROMARKET REPORT | Denver Metro livsothebysrealty.com
JANUARY - DECEMBER 2020 • COLORADOMICROREPORTS.COM
COUNTRY CLUB
Country Club includes
January through December
architectural influences
Average Price
from Colonial, French
Average Price per Square Foot
Chateau, Tudor, Santa Fe,
Average Days on Market
and Georgian, to remarkable
Highest Price
Denver Squares and distinct
Properties Sold
Victorians.
% Sold Price to List Price
2019
2020
% Change
$2,716,913
$3,165,889
16.5%
$655
$704
7.5%
77
56
-27.3%
$5,650,000
$6,800,000
20.4%
15
19
26.7%
92.8%
94.0%
1.2%
Boundaries: University to Downing 1st - 4th; Race to University 4th - 6th
CRESTMOOR January through December Average Price Average Price per Square Foot Average Days on Market Highest Price Properties Sold % Sold Price to List Price
2019
2020
% Change
$1,504,849
$1,722,447
14.5%
$513
$482
-6.0%
34
36
5.9%
$3,235,000
$3,355,000
3.7%
31
38
22.6%
97.6%
95.6%
-2.0%
Boundaries: Holly to Monaco; Bayaud to 6th Avenue
220 S Cherry Street, Denver
DOWNTOWN
Downtown Denver is a hub for world-class attractions like the Denver Performing Arts Complex, Coors Field,
January through December Average Price Average Price per Square Foot
and 16th Street Mall, as well
Average Days on Market
as charming hotels, shops,
Highest Price
and upscale restaurants.
Properties Sold % Sold Price to List Price
2019
2020
% Change
$677,246
$612,021
-9.6%
$511
$504
-1.4%
175
56
-68.0%
$10,750,000
$3,264,600
-69.6%
459
462
0.7%
96.7%
97.0%
0.3%
(Attached Dwellings) Boundaries: Downtown Denver MLS Area
coloradomicroreports.com
GOLDEN TRIANGLE January through December
2019
2020
% Change
$618,803
$552,706
-10.7%
$386
$384
-0.5%
61
51
-16.4%
$1,475,000
$1,117,678
-24.2%
31
32
3.2%
95.5%
96.4%
0.9%
Average Price Average Price per Square Foot Average Days on Market Highest Price Properties Sold % Sold Price to List Price Boundaries: North Speer Blvd to Broadway; Colfax to 7
th
1050 Cherokee Street #406, Denver
55.6%
GREENWOOD VILLAGE EAST January through December Average Price Average Price per Square Foot
The average days on market in the neighborhood
Average Days on Market
of Greenwood Village East decreased by 55.6%
Highest Price
January through December 2020 compared to
Properties Sold
that of 2019.
% Sold Price to List Price
2019
2020
% Change
$1,185,228
$1,245,584
5.1%
$387
$367
-5.3%
63
28
-55.6%
$2,250,000
$2,119,350
-5.8%
54
48
-11.1%
96.0%
97.1%
1.1%
Boundaries: I-25 to Havana; Belleview to Orchard
GREENWOOD VILLAGE WEST January through December Average Price Average Price per Square Foot Average Days on Market Highest Price Properties Sold % Sold Price to List Price
2019
2020
% Change
$1,732,336
$1,871,300
8.0%
$428
$466
8.9%
55
42
-23.6%
$3,125,000
$3,998,000
27.9%
50
93
86.0%
95.3%
96.3%
1.0%
(Under 1 Acre) Boundaries: Orchard to Belleview; Clarkson to I-25
5525 S Franklin Street, Greenwood Village
MICROMARKET REPORT | Denver Metro livsothebysrealty.com
JANUARY - DECEMBER 2020 • COLORADOMICROREPORTS.COM
21.0%
The average price in the neighborhood of
Greenwood Village West (over one acre) increased by 21.0% January through December 2020
GREENWOOD VILLAGE WEST January through December Average Price Average Price per Square Foot Average Days on Market Highest Price Properties Sold % Sold Price to List Price
compared to that of 2019.
2019
2020
% Change
$2,062,587
$2,494,724
21.0%
$454
$482
6.2%
64
46
-28.1%
$6,500,000
$4,000,000
-38.5%
23
16
-30.4%
92.1%
95.7%
3.9%
(Over 1 Acre) Boundaries: Orchard to Belleview; Clarkson to I-25
HALE MAYFAIR January through December Average Price Average Price per Square Foot
2019
2020
% Change
Within Hale Mayfair, you
$702,840
$711,820
1.3%
will find a variety of large
$490
$530
8.2%
Victorian homes (some
29
18
-37.9%
restored to the original
$2,255,000
$2,372,000
5.2%
97
119
22.7%
97.1%
99.8%
2.8%
Average Days on Market Highest Price Properties Sold % Sold Price to List Price
condition), Tudors, Denver Squares, Bungalows and Ranch-Style homes.
Boundaries: Colorado to Holly; 6th to Colfax
9.9%
The average price per square foot in the
neighborhood of Heritage Greens increased by 9.9% January through December 2020 compared to that of 2019.
HERITAGE GREENS January through December Average Price Average Price per Square Foot Average Days on Market Highest Price Properties Sold % Sold Price to List Price
2019
2020
% Change
$882,125
$897,511
1.7%
$280
$308
9.9%
29
21
-27.6%
$1,625,000
$1,266,000
-22.1%
26
28
7.7%
98.2%
98.8%
0.7%
Boundaries: Dry Creek to County Line; Colorado Blvd to Holly
coloradomicroreports.com
HIGHLANDS January through December Average Price
2019
2020
% Change
$698,431
$708,690
1.5%
$469
$497
5.9%
37
35
-5.4%
$2,300,000
$2,500,000
8.7%
307
353
15.0%
96.5%
97.6%
1.1%
Average Price per Square Foot Average Days on Market Highest Price Properties Sold % Sold Price to List Price
Boundaries: W 38th Avenue to Speer Blvd; S Platte River to Federal Blvd
9.9%
1740 W 37th Avenue, Denver
HILLTOP January through December Average Price Average Price per Square Foot
The average price in the neighborhood of
Average Days on Market
Hilltop increased by 16.7% January through
Highest Price
December 2020 compared to that of 2019.
Properties Sold % Sold Price to List Price
2019
2020
% Change
$1,412,502
$1,647,798
16.7%
$462
$518
12.2%
47
53
12.8%
$3,500,000
$3,900,000
11.4%
96
106
10.4%
93.9%
94.3%
0.4%
Boundaries: Alameda to 6th; Colorado to Holly
HOMESTEAD
Not only does Homestead
January through December Average Price
2019
2020
% Change
have great schools
$530,833
$588,096
10.8%
nearby, but its location is
$305
$318
4.2%
one of the best around.
30
17
-43.3%
The area is minutes away
$1,347,000
$1,315,000
-2.4%
from I-25, and a short,
107
137
28.0%
12-minute commute from
96.9%
99.8%
3.0%
the Denver Tech Center.
Average Price per Square Foot Average Days on Market Highest Price Properties Sold % Sold Price to List Price Boundaries: Colorado to Quebec; Arapahoe to Dry Creek
MICROMARKET REPORT | Denver Metro livsothebysrealty.com
JANUARY - DECEMBER 2020 • COLORADOMICROREPORTS.COM
JEFFERSON PARK January through December Average Price Average Price per Square Foot Average Days on Market Highest Price Properties Sold % Sold Price to List Price
KEN-CARYL NORTH RANCH Average Price Average Price per Square Foot Average Days on Market Highest Price Properties Sold % Sold Price to List Price
2020
% Change
$550,670
$556,064
1.0%
$423
$414
-1.9%
49
36
-26.5%
$1,170,000
$3,100,000
165.0%
141
201
42.6%
97.1%
98.0%
0.9%
Boundaries: Federal Blvd to S Platte River; South of 29th Ave & Speer Blvd, North of Mile High Stadium
2625 W 25th Avenue #4, Denver
January through December
2019
64.3%
2019
2020
% Change
$1,035,050
$1,159,890
12.1%
$294
$314
6.7%
57
48
-15.8%
$1,385,000
$1,575,000
13.7%
neighborhood of Ken-Caryl North Ranch
14
23
64.3%
increased by 64.3% January through December
92.3%
95.1%
3.1%
2020 compared to that of 2019.
The number of properties sold in the
Boundaries: Red Fox Lane to North Ranch Road; Golden Eagle Road to Blue Grouse Ridge Road
KEN-CARYL VALLEY January through December
This scenic retreat is located behind South Jefferson County and is surrounded by the Dakota Hogback and the Foothills.
Average Price Average Price per Square Foot Average Days on Market Highest Price Properties Sold % Sold Price to List Price
2019
2020
% Change
$833,007
$839,005
0.7%
$300
$322
7.4%
28
29
3.6%
$2,700,000
$1,425,000
-47.2%
64
62
-3.1%
97.5%
97.7%
0.2%
Boundaries: Tamarade Drive to Manor House Road; Mountain High Court to West Ken Carly Ave
coloradomicroreports.com
LAKEWOOD January through December Average Price Average Price per Square Foot Average Days on Market Highest Price Properties Sold % Sold Price to List Price
2019
2020
% Change
$507,615
$540,303
6.4%
$307
$331
7.9%
29
20
-31.0%
$2,425,000
$2,350,000
-3.1%
1,545
1,692
9.5%
97.9%
99.3%
1.5%
Boundaries: City of Lakewood
11362 W Baltic Court, Lakewood
% 8.7%
LOHI January through December Average Price Average Price per Square Foot Average Days on Market
e
The highest price in the neighborhood of LoHi
h
increased by 8.7% January through December
Highest Price
r
2020 compared to that of 2019.
Properties Sold % Sold Price to List Price
.
2019
2020
% Change
$720,001
$726,606
0.9%
$466
$493
5.7%
40
35
-12.5%
$2,300,000
$2,500,000
8.7%
226
275
21.7%
96.4%
97.5%
1.2%
Boundaries: W 38th Avenue to I-25; Speer Blvd to Zuni Street
LOWRY January through December Average Price Average Price per Square Foot Average Days on Market Highest Price Properties Sold % Sold Price to List Price
2019
2020
% Change
$789,134
$790,411
0.2%
$317
$340
7.6%
26
28
7.7%
$1,850,000
$1,650,000
-10.8%
48
55
14.6%
97.5%
97.9%
0.5%
Boundaries: Quebec to Unita; Alameda to 11th
7675 E 4th Avenue, Denver
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MONTCLAIR
In the Montclair
January through December
neighborhood, you can find
Average Price
Montclair Park and Mayfair
Average Price per Square Foot
Park, as well as a variety of
Average Days on Market
small businesses, grocery
Highest Price
stores, and local restaurants.
Properties Sold % Sold Price to List Price
2019
2020
% Change
$641,228
$788,764
23.0%
$437
$486
11.2%
36
27
-25.0%
$1,600,000
$1,699,000
6.2%
133
144
8.3%
96.3%
98.7%
2.5%
Boundaries: Holly to Quebec; 6th to Colfax
OBSERVATORY PARK January through December Average Price Average Price per Square Foot Average Days on Market Highest Price Properties Sold % Sold Price to List Price
2019
2020
% Change
$1,301,357
$1,499,554
15.2%
$477
$491
3.0%
63
45
-28.6%
$3,050,000
$3,300,000
8.2%
96
93
-3.1%
94.1%
96.1%
2.1%
Boundaries: University to Colorado; Evans to Yale
4100 E Iliff Avenue #12, Denver
PARK HILL Builders began developing
January through December
Park Hill in the late 1800’s,
Average Price
representing Denver’s most
Average Price per Square Foot
diverse architectural mix,
Average Days on Market
with single story ranch-style
Highest Price
properties nestled next to
Properties Sold
multi-level Tudors.
% Sold Price to List Price
2019
2020
% Change
$795,487
$820,915
3.2%
$480
$505
5.2%
30
25
-16.7%
$2,920,000
$2,250,000
-22.9%
206
244
18.4%
97.4%
98.9%
1.6%
Boundaries: Colfax to 26 ; Colorado to Quebec th
coloradomicroreports.com
PLATT PARK January through December
2019
2020
% Change
$732,356
$833,290
13.8%
$554
$581
4.8%
23
17
-26.1%
$1,957,422
$1,970,000
0.6%
99
118
19.2%
98.2%
99.7%
1.5%
Average Price Average Price per Square Foot Average Days on Market Highest Price Properties Sold % Sold Price to List Price Boundaries: Broadway to Downing; Louisiana to Evans
1616 S Broadway #318, Denver
39.2%
POLO RESERVE January through December Average Price Average Price per Square Foot
The average days on market in the neighborhood of
Average Days on Market
Polo Reserve decreased by 39.2% January through
Highest Price
December 2020 compared to that of 2019.
Properties Sold % Sold Price to List Price
2019
2020
% Change
$2,375,000
$2,050,471
-13.7%
$347
$419
20.7%
130
79
-39.2%
$3,300,000
$3,700,000
12.1%
2
7
250.0%
87.4%
94.3%
7.9%
Boundaries: North of Mineral; South of Arabian Place; West of the S Platte River; East of S. Platte Canyon Road
RINO January through December Average Price Average Price per Square Foot Average Days on Market Highest Price Properties Sold % Sold Price to List Price
34.0%
2019
2020
% Change
$529,121
$481,665
-9.0%
$420
$419
-0.3%
50
33
-34.0%
$1,150,000
$850,000
-26.1%
The average days on market in the neighborhood of
66
79
19.7%
RiNo decreased by 34.0% January through December
96.9%
97.5%
0.6%
2020 compared to that of 2019.
Boundaries: I-25 to York St; South of I-70; North of Park Ave; East of Lawrence St to 40th Avenue
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SLOAN’S LAKE January through December Average Price Average Price per Square Foot Average Days on Market Highest Price Properties Sold % Sold Price to List Price
2020
% Change
$702,392
$768,914
9.5%
$467
$513
9.8%
45
20
-55.6%
$2,525,500
$2,000,000
-20.8%
144
145
0.7%
96.6%
99.4%
2.9%
Boundaries:Colfax to 29th; Sheridan to Federal
3117 W 18th Avenue, Denver
SOUTHERN HILLS January through December
4.2%
2019
2020
% Change
$823,107
$823,161
0.0%
$431
$450
4.2%
20
17
-15.0%
The average price per square foot in the
$3,325,000
$1,925,000
-42.1%
neighborhood of Southern Hills increased by 4.2%
50
70
40.0%
January through December 2020 compared to
96.9%
100.6%
3.8%
that of 2019.
Average Price Average Price per Square Foot Average Days on Market Highest Price
2019
Properties Sold % Sold Price to List Price Boundaries: University to Colorado; Yale to Hampden
SOUTHGLENN Located in Centennial and rated one of the safest
January through December Average Price
cities in Colorado,
Average Price per Square Foot
Southglenn is surrounded
Average Days on Market
by shops, resturants, and
Highest Price
The Streets at Southglenn shopping mall.
Properties Sold % Sold Price to List Price
2019
2020
% Change
$472,451
$501,783
6.2%
$268
$263
-1.8%
21
16
-23.8%
$587,000
625000
6.5%
43
53
23.3%
97.8%
99.8%
2.0%
Boundaries:Colorado to University; Arapahoe to Dry Creek
coloradomicroreports.com
SOUTHMOOR PARK January through December Average Price
2019
2020
% Change
$548,862
$595,128
8.4%
$258
$278
8.1%
29
30
3.4%
$837,500
$905,000
8.1%
53
82
54.7%
97.0%
98.2%
1.2%
Average Price per Square Foot Average Days on Market Highest Price Properties Sold % Sold Price to List Price
54.7%
The number of properties sold in the neighborhood of Southmoor Park increased by 54.7% January through December 2020 compared to that of 2019.
SUNNYSIDE
7.1%
January through December Average Price Average Price per Square Foot
The average price in the neighborhood of Sunnyside
Average Days on Market
increased by 7.1% January through December 2020
Highest Price
compared to that of 2019.
Properties Sold % Sold Price to List Price
2019
2020
% Change
$562,129
$601,968
7.1%
$456
$483
5.8%
29
24
-17.2%
$1,265,000
$1,230,000
-2.8%
294
320
8.8%
97.6%
98.4%
0.8%
Boundaries: Federal Blvd to Inca St; W 38th Ave to I-70
TALLYN’S REACH January through December Average Price Average Price per Square Foot Average Days on Market Highest Price Properties Sold % Sold Price to List Price
2019
2020
% Change
$583,338
$628,095
7.7%
$218
$238
9.2%
64
30
-53.1%
$1,200,000
$1,350,000
12.5%
120
148
23.3%
96.3%
98.6%
2.4%
Tallyn’s Reach is known for its beautiful surroundings. Here, 200-year-old Ponderosa Pines accentuate the landscape from nearly every vantage point.
Boundaries: North of E Dry Creek; South of Smoky Hill; West of S Powhaton; East of E-470
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UPTOWN
East of Downtown and just north of Capitol Hill
January through December
rests Denver’s Uptown—a
Average Price
vibrant urban area prized
Average Price per Square Foot
for its sports bars, theaters,
Average Days on Market
and mix of traditional and
Highest Price
inventive culinary fare lining
Properties Sold
17th Avenue—aptly named
% Sold Price to List Price
“Restaurant Row.”
% Change
$475,915
$502,102
5.5%
$382
$410
7.3%
30
35
16.7%
$1,364,900
$1,450,000
6.2%
141
140
-0.7%
97.3%
-0.1%
Boundaries:North of Colfax, East of Broadway, South of 20 , 20 & Park to 19 ; West of Josephine th
January through December
2019
2020
% Change
$1,373,162
$1,482,044
7.9%
$597
$659
10.4%
49
35
-28.6%
$5,611,000
$3,425,000
-39.0%
125
171
36.8%
95.1%
96.7%
1.7%
Average Price per Square Foot Average Days on Market Highest Price
2020
97.4%
WASHINGTON PARK EAST Average Price
2019
Properties Sold % Sold Price to List Price
th
th
10.4%
The average price per square foot in Washington Park East increased by 10.4% January through December 2020 compared to that of 2019.
Boundaries: Louisiana to Ellsworth, Downing to University
WASHINGTON PARK WEST January through December Average Price Average Price per Square Foot Average Days on Market Highest Price Properties Sold % Sold Price to List Price
340 E Exposition Avenue #1, Denver
2019
2020
% Change
$716,594
$818,081
14.2%
$492
$528
7.4%
32
21
-34.4%
$1,850,000
$2,400,000
29.7%
172
162
-5.8%
97.5%
99.4%
1.9%
Boundaries:Louisiana to Ellsworth; Broadway to Downing
coloradomicroreports.com
N (WEST) HIGHLANDS January through December
2020
% Change
$661,777
$717,476
8.4%
$497
$535
7.8%
34
20
-41.2%
$1,900,000
$1,950,000
2.6%
221
274
24.0%
bars, and trendsetting
97.8%
99.4%
1.6%
restaurants.
Average Price Average Price per Square Foot Average Days on Market Highest Price
Overlooking downtown
2019
Properties Sold % Sold Price to List Price
Denver, the Highlands is a bustling residential neighborhood featuring avenues lined with elegant old homes, chic cocktail
Boundaries: 38th Avenue; Federal to Sheridan
WHY COLORADO? NATIONAL PARKS: 4
MOUNTAIN RANGES: 7
SKI AREAS & RESORTS: 28
AVERAGE DAYS OF SUNSHINE ANNUALLY: 300
CRAFT BREWERIES: 350+
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The life you love.
livsothebysrealty.com | coloradomicroreports.com Based on Information from REColorado. This representation is based in whole or in part on data supplied by REColorado. REColorado does not guarantee nor is in any way responsible for its accuracy. Data maintained by REColorado may not reflect all real estate activity in the market.