LIVREPORT MICROMARKET
DENVER METRO | Year-End 2015
C O LO R A D O M I C R O R E P O R TS . C O M
DENVER METRO NEIGHBORHOODS 1. 2. 3. 4. 5. 6. 7. 8. 9. 10. 11. 12. 13. 14. 15. 16. 17. 18. 19. 20. 21. 22. 23. 24. 25. 26. 27. 28. 29. 30. 31. 32. 33. 34. 35. 36. 37. 38. 39. 40. 41. 42. 43. 44. 45. 46. 47. 48. 49. 50. 51. 52. 53. 54.
Denver (City) Baker Bell Mountain Ranch Belmar Berkeley Bonnie Brae/Belcaro Bow Mar/Bow Mar South Capitol Hill Castle Pines North Castle Pines Village Cheesman Cherry Creek North Cherry Creek South/East Cherry Hills Village City Park City Park South Columbine Valley Congress Park Cory-Merrill Country Club Crestmoor Downtown Golden Triangle Greenwood Village East Greenwood Village West Hale Mayfair Heritage Greens Highlands Highlands Ranch Hilltop Homestead Keene Ranch Ken Caryl North Ranch Ken Caryl Valley Lakewood LoHi Lone Tree Lowry The Meadows Montclair Observatory Park Park Hill Platt Park Polo Reserve Pradera & Timbers Saddle Rock Golf Club Sloan’s Lake Southern Hills Southglenn Stapleton Tallyn’s Reach Uptown Washington Park East Washington Park West
5 28 36
47
4 35
15 22 52 16 23 8 11 18 1 20 12 2 13 54 53 6 19
50
42
26 40 30
21
38
43 41 48 14 7 25
24
17 49 33
44
46
31
51
27
34
29
37
9 10 45
39
32
3
MICROMARKET REPORT | DENVER METRO YEAR-END 2015 | 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.
DENVER METRO The Denver Metro Micro Market Report (MMR), prepared by LIV Sotheby’s International Realty, compares 2015 year-end statistics (January through December), to that of 2014, for single family homes and condos.
The average price of single family homes and condos combined rose 11.5%, resulting in an average price of $360,999 in Denver metro. In the city of Denver, the average price of single family homes and condos rose 14.1%, resulting in an average price of $391,186. Inventory has increased, and the number of new listings coming on the market is up 6.4% in Denver metro and up 4.7% in the City of Denver. Meanwhile, the numbers of listings sold have increased only 3.0% and 0.5% respectively, making for more choices for buyers than what existed during the accelerated summer months. Demand remains high, however prices are still on an upward trend. Across the board, days on market are dropping (now 29 days on average), and the sales price to list price ratio is up, averaging 99% throughout the Denver metro area. This statistic is evidence of continued competitive, however less frenzied, conditions in the marketplace. Colorado continues to develop as a national leader in many sectors including commerce, recreation, research, energy, employment, cultural activities, and sporting events, and home values are projected to rise, making Denver metro a leader in home sales in 2016.
DENVER METRO January through December New Listings Sold Listings (All Properties) Sold Single Family Sold Condo
Year-End Highlights:
• Denver (City) average price is $391,186 – up 14.1% • Downtown’s average price is $521,760 – up 11.4% • Heritage Green’s average price is $807,490 – up 20.9% • Washington Park East’s average price is $1,005,602 – up 20.9%
52,929
homes sold for an average of
$360,999
or, $19,107,480,547 total dollar volume sold.
Adams, Arapahoe, Broomfield, Denver, Douglas, Jefferson Counties
2014
2015
58,606
62,338
6.4%
51,374
52,929
3.0%
36,959
37,153
0.5%
14,415
15,776
9.4%
36
29
-19.4%
$323,890
$360,999
11.5%
98.0%
99.0%
1.0%
$16,639,519,164
$19,107,480,547
14.8%
Average Days on Market Average Price % Sold Price to List Price Total Dollar Volume Sold
% Change
MICROMARKET REPORT | DENVER METRO YEAR-END 2015 | 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.
DENVER MARKET | MARKETS BY AREA
DENVER (CITY) Single Family and Condos
January through December
2014
2015
% Change
$342,700
$391,186
14.1%
$203
$228
12.3%
37
34
-8.1%
$4,925,000
$4,550,000
-7.6%
Properties Sold
14,106
14,177
0.5%
% Sold Price to List Price
98.9%
99.0%
0.1%
Average Price Average Price per Square Foot Average Days on Market Highest Price
BAKER
6th Avenue to Mississippi; South Platte River to Broadway
January through December Single Family and Condos
City of Denver
Average Price Average Price per Square Foot Average Days on Market Highest Price Properties Sold % Sold Price to List Price
2014
2015
% Change
$337,827
$376,107
11.3%
$275
$319
16.0%
35
22
-37.1%
$625,000
$795,000
27.2%
142
101
-28.9%
98.5%
100.0%
1.5%
I-25 to Quarry Road; Bell Mountain Parkway to Starburst Circle
BELL MOUNTAIN RANCH Single Family and Condos
January through December Average Price Average Price per Square Foot Average Days on Market Highest Price Properties Sold % Sold Price to List Price
2014
2015
% Change
$753,828
$743,796
-1.3%
$267
$283
6.0%
102
108
5.9%
$1,200,000
$1,050,000
-12.5%
32
26
-18.8%
95.7%
95.7%
0.0%
MICROMARKET REPORT | DENVER METRO YEAR-END 2015 | 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.
DENVER MARKET | MARKETS BY AREA
BELMAR Single Family and Condos
January through December Average Price Average Price per Square Foot Average Days on Market Highest Price Properties Sold % Sold Price to List Price
Kentucky to Alameda; Wadsworth to Pierce
2014
2015
% Change
$307,698
$342,504
11.3%
$206
$230
11.7%
52
54
3.8%
$625,000
$752,500
20.4%
51
43
-15.7%
97.2%
98.0%
0.8%
BERKELEY January through December Single Family
Average Price Average Price per Square Foot Average Days on Market Highest Price Properties Sold % Sold Price to List Price
38th to I-70; Sheridan to Federal
2014
2015
% Change
$419,117
$445,879
6.4%
$326
$375
15.0%
34
23
-32.4%
$875,000
$950,000
8.6%
193
189
-2.1%
97.1%
99.7%
2.6%
Mississippi to Cherry Creek Drive South; University to Colorado
BONNIE BRAE/BELCARO January through December Single Family
Average Price Average Price per Square Foot Average Days on Market Highest Price Properties Sold % Sold Price to List Price
2014
2015
% Change
$826,141
$918,704
11.2%
$386
$406
5.2%
41
44
7.3%
$2,500,000
$2,850,000
14.0%
80
62
-22.5%
98.7%
98.6%
-0.1%
MICROMARKET REPORT | DENVER METRO YEAR-END 2015 | 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.
DENVER MARKET | MARKETS BY AREA
BOW MAR/BOW MAR SOUTH January through December Single Family
Average Price Average Price per Square Foot Average Days on Market Highest Price Properties Sold % Sold Price to List Price
North of Bowles; South of Quincy; West of Morning Glory; East of Bow Mar Drive
2014
2015
% Change
$995,595
$1,149,165
15.4%
$329
$354
7.6%
105
124
18.1%
$2,755,000
$2,747,000
-0.3%
21
20
-4.8%
94.0%
90.4%
-3.8%
CAPITOL HILL Single Family and Condos
January through December Average Price Average Price per Square Foot Average Days on Market Highest Price Properties Sold % Sold Price to List Price
CASTLE PINES NORTH January through December Single Family
Average Price Average Price per Square Foot Average Days on Market Highest Price Properties Sold % Sold Price to List Price
Broadway to Downing; 6th to Colfax
2014
2015
% Change
$260,345
$285,552
9.7%
$239
$285
19.2%
39
26
-33.3%
$1,575,000
$1,581,000
0.4%
414
381
-8.0%
97.4%
99.0%
1.6%
Country Club Parkway to Coyote Ridge Park; Daniels Park to Yorkshire
2014
2015
% Change
$505,921
$565,799
11.8%
$192
$201
4.6%
48
44
-8.3%
$1,274,000
$2,300,000
80.5%
165
122
-26.1%
96.5%
96.5%
0.0%
MICROMARKET REPORT | DENVER METRO YEAR-END 2015 | 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.
DENVER MARKET | MARKETS BY AREA
US 85 & Copper Blush to Northwood; Daniels Park to Gate 5; Country Club to I-25
CASTLE PINES VILLAGE January through December Single Family
Average Price Average Price per Square Foot Average Days on Market Highest Price Properties Sold % Sold Price to List Price
2014
2015
% Change
$953,065
$960,554
0.8%
$299
$287
-4.0%
143
139
-2.8%
$3,525,000
$3,075,000
-12.8%
118
107
-9.3%
97.0%
94.4%
-2.7%
CHEESMAN Single Family and Condos
January through December Average Price Average Price per Square Foot Average Days on Market Highest Price Properties Sold % Sold Price to List Price
York to Downing; Colfax to 8th
2014
2015
% Change
$327,683
$370,969
13.2%
$252
$297
17.9%
33
25
-24.2%
$2,500,000
$2,000,000
-20.0%
188
169
-10.1%
96.0%
97.0%
1.0%
CHERRY CREEK NORTH Single Family and Condos
January through December Average Price Average Price per Square Foot Average Days on Market Highest Price Properties Sold % Sold Price to List Price
York to Colorado; 1st to 6th
2014
2015
% Change
$1,002,810
$982,370
-2.0%
$415
$496
19.5%
71
62
-12.7%
$3,700,000
$3,522,019
-4.8%
122
189
54.9%
96.2%
97.0%
0.8%
MICROMARKET REPORT | DENVER METRO YEAR-END 2015 | 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.
DENVER MARKET | MARKETS BY AREA
CHERRY CREEK EAST & SOUTH Single Family and Condos
January through December Average Price Average Price per Square Foot Average Days on Market Highest Price Properties Sold % Sold Price to List Price
CHERRY HILLS VILLAGE January through December Single Family (Under 1 Acre)
Average Price Average Price per Square Foot Average Days on Market Highest Price Properties Sold % Sold Price to List Price
CHERRY HILLS VILLAGE January through December Single Family (Over 1 Acre)
Average Price Average Price per Square Foot Average Days on Market Highest Price Properties Sold % Sold Price to List Price
University to Colorado; Alameda to 1st
2014
2015
% Change
$566,049
$553,355
-2.2%
$314
$330
5.1%
73
58
-20.5%
$1,875,000
$2,350,000
25.3%
148
147
-0.7%
95.3%
96.8%
1.6%
Hampden to Belleview; Clarkson to Happy Canyon Road and Charlou
2014
2015
% Change
$1,538,705
$1,599,066
3.9%
$359
$394
9.7%
77
69
-10.4%
$3,985,000
$4,650,000
16.7%
73
90
23.3%
92.5%
94.2%
1.9%
Hampden to Belleview; Clarkson to Happy Canyon Road and Charlou
2014
2015
% Change
$2,425,963
$2,586,846
6.6%
$405
$472
16.5%
134
159
18.7%
$5,950,000
$11,000,000
84.9%
52
36
-30.8%
89.6%
90.5%
1.0%
MICROMARKET REPORT | DENVER METRO YEAR-END 2015 | 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.
DENVER MARKET | MARKETS BY AREA
CITY PARK January through December Single Family
Average Price Average Price per Square Foot Average Days on Market Highest Price Properties Sold % Sold Price to List Price
Downing to York; 18th to Martin Luther King
2014
2015
% Change
$416,509
$477,336
14.6%
$256
$294
14.8%
34
37
8.8%
$975,000
$2,000,000
105.1%
108
108
0.0%
98.0%
99.1%
1.1%
CITY PARK SOUTH January through December Single Family
Average Price Average Price per Square Foot Average Days on Market Highest Price Properties Sold % Sold Price to List Price
COLUMBINE VALLEY January through December Single Family
Average Price Average Price per Square Foot Average Days on Market Highest Price Properties Sold % Sold Price to List Price
York to Colorado; Colfax to 17th
2014
2015
% Change
$489,751
$535,022
9.2%
$307
$398
29.6%
25
6
-76.0%
$735,000
$850,000
15.6%
16
18
12.5%
95.8%
100.0%
4.4%
South Polo Ridge Drive to West Bowles Avenue; Platte Canyon Road to South Platte River
2014
2015
% Change
$993,907
$949,896
-4.4%
$273
$300
9.9%
88
150
70.5%
$2,592,500
$1,725,000
-33.5%
28
31
10.7%
96.6%
93.3%
-3.3%
MICROMARKET REPORT | DENVER METRO YEAR-END 2015 | 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.
DENVER MARKET | MARKETS BY AREA
CONGRESS PARK January through December Single Family
Average Price Average Price per Square Foot Average Days on Market Highest Price Properties Sold % Sold Price to List Price
York to Colorado; 6th to Colfax
2014
2015
% Change
$406,442
$505,134
24.3%
$298
$352
18.1%
46
22
-52.2%
$2,435,000
$1,850,000
-24.0%
236
243
3.0%
97.7%
99.4%
1.7%
S University Blvd to S Colorado Blvd; I-25 to E Mississippi Ave
CORY-MERRILL January through December Single Family
Average Price Average Price per Square Foot Average Days on Market Highest Price Properties Sold % Sold Price to List Price
COUNTRY CLUB January through December Single Family
Average Price Average Price per Square Foot Average Days on Market Highest Price Properties Sold % Sold Price to List Price
2014
2015
% Change
$653,304
$975,431
49.3%
$349
$385
10.3%
45
42
-6.7%
$1,650,000
$1,633,000
-1.0%
123
126
2.4%
96.5%
95.4%
-1.1%
University to Downing 1st-4th; Race to University 4th-6th
2014
2015
% Change
$1,422,930
$1,757,820
23.5%
$441
$469
6.3%
67
33
-50.7%
$3,018,333
$2,850,000
-5.6%
23
10
-56.5%
93.2%
91.0%
-2.4%
MICROMARKET REPORT | DENVER METRO YEAR-END 2015 | 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.
DENVER MARKET | MARKETS BY AREA
CRESTMOOR January through December Single Family
Average Price Average Price per Square Foot Average Days on Market Highest Price Properties Sold % Sold Price to List Price
Holly to Monaco; Bayaud to 6th
2014
2015
% Change
$886,328
$1,188,853
34.1%
$335
$396
18.2%
45
59
31.1%
$2,050,000
$2,150,000
4.9%
20
25
25.0%
98.0%
97.0%
-1.1%
DOWNTOWN January through December Average Price
Condos
Average Price per Square Foot Average Days on Market Highest Price Properties Sold % Sold Price to List Price
GOLDEN TRIANGLE Single Family and Condos
January through December Average Price Average Price per Square Foot Average Days on Market Highest Price Properties Sold % Sold Price to List Price
Downtown Denver MLS Area
2014
2015
% Change
$468,358
$521,760
11.4%
$361
$407
12.7%
58
46
-20.7%
$4,925,000
$4,550,000
-7.6%
515
508
-1.4%
97.7%
97.4%
-0.3%
North Speer Boulevard to Broadway; Colfax to 7th
2014
2015
% Change
$385,189
$487,320
26.5%
$287
$314
9.4%
38
45
18.4%
$675,000
$1,265,000
87.4%
37
49
32.4%
98.8%
97.4%
-1.5%
MICROMARKET REPORT | DENVER METRO YEAR-END 2015 | 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.
DENVER MARKET | MARKETS BY AREA
GREENWOOD VILLAGE EAST January through December Single Family
Average Price Average Price per Square Foot Average Days on Market Highest Price Properties Sold % Sold Price to List Price
I-25 to Havana; Belleview to Orchard
2014
2015
% Change
$968,516
$1,009,280
4.2%
$297
$306
3.0%
116
102
-12.1%
$2,325,000
$2,135,000
-8.2%
51
60
17.6%
96.8%
95.5%
-1.4%
GREENWOOD VILLAGE WEST January through December Single Family (Under 1 Acre)
Average Price Average Price per Square Foot Average Days on Market Highest Price Properties Sold % Sold Price to List Price
Orchard to Belleview; Clarkson to I-25
2014
2015
% Change
$1,310,851
$1,387,048
5.8%
$341
$350
2.6%
71
99
39.4%
$2,800,000
$2,505,000
-10.5%
61
52
-14.8%
93.2%
93.1%
-0.1%
GREENWOOD VILLAGE WEST January through December Single Family (Over 1 Acre)
Average Price Average Price per Square Foot Average Days on Market Highest Price Properties Sold % Sold Price to List Price
Orchard to Belleview; Clarkson to I-25
2014
2015
% Change
$1,912,618
$1,923,900
0.6%
$390
$433
11.0%
191
87
-54.5%
$4,300,000
$4,200,000
-2.3%
13
20
53.8%
92.9%
95.6%
2.9%
MICROMARKET REPORT | DENVER METRO YEAR-END 2015 | 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.
DENVER MARKET | MARKETS BY AREA
HALE MAYFAIR January through December Single Family
Average Price Average Price per Square Foot Average Days on Market Highest Price Properties Sold % Sold Price to List Price
HERITAGE GREENS January through December Single Family
Average Price Average Price per Square Foot Average Days on Market Highest Price Properties Sold % Sold Price to List Price
HIGHLANDS Single Family and Condos
January through December Average Price Average Price per Square Foot Average Days on Market Highest Price Properties Sold % Sold Price to List Price
Colorado to Holly; 6th to Colfax
2014
2015
% Change
$442,652
$511,872
15.6%
$343
$381
11.1%
31
28
-9.7%
$1,034,999
$1,176,870
13.7%
127
117
-7.9%
98.4%
97.9%
-0.5%
Dry Creek to County Line; Colorado Boulevard to Holly
2014
2015
% Change
$667,863
$807,490
20.9%
$225
$241
7.1%
29
45
55.2%
$1,261,000
$1,775,000
40.8%
35
41
17.1%
97.6%
96.5%
-1.1%
W 38th Ave to Speer Blvd and W 29th Ave; Union Pacific RR lines and S Platte River to Federal Blvd
2014
2015
% Change
$482,928
$531,991
10.2%
$328
$367
11.8%
77
85
10.4%
$1,130,000
$1,490,000
31.9%
270
345
27.8%
97.1%
97.5%
0.5%
MICROMARKET REPORT | DENVER METRO YEAR-END 2015 | 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.
DENVER MARKET | MARKETS BY AREA
(WEST) HIGHLANDS Single Family and Condos
January through December Average Price Average Price per Square Foot Average Days on Market Highest Price Properties Sold % Sold Price to List Price
HIGHLANDS RANCH January through December Single Family
Average Price Average Price per Square Foot Average Days on Market Highest Price Properties Sold % Sold Price to List Price
38th Ave to 29th Ave; Federal to Sheridan
2014
2015
% Change
$435,889
$494,342
13.4%
$337
$371
10.1%
37
30
-18.9%
$1,060,000
$1,130,000
6.6%
240
259
7.9%
97.6%
98.4%
0.9%
Daniels Park to County Line; Santa Fe to Quebec
2014
2015
% Change
$390,487
$424,796
8.8%
$186
$206
10.8%
28
18
-35.7%
$2,064,880
$2,206,367
6.9%
900
728
-19.1%
98.0%
99.0%
1.0%
HILLTOP January through December Single Family
Average Price Average Price per Square Foot Average Days on Market Highest Price Properties Sold % Sold Price to List Price
Alameda to 6th; Colorado to Holly
2014
2015
% Change
$1,049,039
$1,143,253
9.0%
$356
$387
8.7%
48
54
12.5%
$2,500,000
$2,855,000
14.2%
83
107
28.9%
95.0%
95.0%
0.0%
MICROMARKET REPORT | DENVER METRO YEAR-END 2015 | 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.
DENVER MARKET | MARKETS BY AREA
HOMESTEAD January through December Single Family
Average Price Average Price per Square Foot Average Days on Market Highest Price Properties Sold % Sold Price to List Price
Colorado to Quebec; Arapahoe to Dry Creek
2014
2015
% Change
$385,023
$437,871
13.7%
$212
$243
14.9%
26
16
-38.5%
$1,125,000
$1,200,000
6.7%
121
125
3.3%
97.3%
98.7%
1.5%
South Butte Circle to Castle Butte Drive; South Peak View Drive to West Tomah Road
KEENE RANCH January through December Single Family
Average Price Average Price per Square Foot Average Days on Market Highest Price Properties Sold % Sold Price to List Price
KEN-CARYL NORTH RANCH January through December Single Family
Average Price Average Price per Square Foot Average Days on Market Highest Price Properties Sold % Sold Price to List Price
2014
2015
% Change
$983,269
$938,800
-4.5%
$267
$272
1.9%
135
145
7.4%
$2,650,000
$1,235,000
-53.4%
13
5
-61.5%
91.2%
96.4%
5.7%
approx: Red Fox Lane to North Ranch Road; Golden Eagle Lane to Blue Grouse Ridge Road
2014
2015
% Change
$888,338
$889,669
0.1%
$228
$241
5.7%
91
96
5.5%
$1,349,000
$1,075,000
-20.3%
22
22
0.0%
95.0%
93.7%
-1.3%
MICROMARKET REPORT | DENVER METRO YEAR-END 2015 | 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.
DENVER MARKET | MARKETS BY AREA
KEN-CARYL VALLEY January through December Single Family
Average Price Average Price per Square Foot Average Days on Market Highest Price Properties Sold % Sold Price to List Price
approx: Tamarade Drive to Manor House Road; Mountain High Court to West Ken Caryl Ave
2014
2015
% Change
$608,424
$607,182
-0.2%
$213
$232
8.9%
54
36
-33.3%
$1,325,000
$1,145,000
-13.6%
74
69
-6.8%
95.8%
97.1%
1.3%
LAKEWOOD January through December Single Family
Average Price Average Price per Square Foot Average Days on Market Highest Price Properties Sold % Sold Price to List Price
City of Lakewood
2014
2015
% Change
$327,989
$369,381
12.6%
$202
$231
14.4%
36
24
-33.3%
$1,595,750
$1,625,000
1.8%
1,575
1,555
-1.3%
99.0%
99.4%
0.4%
LOHI
W 38th to I-25; Speer Blvd to Zuni Street
Single Family and Condos
January through December Average Price Average Price per Square Foot Average Days on Market Highest Price Properties Sold % Sold Price to List Price
2014
2015
% Change
$500,415
$550,941
10.1%
$331
$368
11.2%
93
101
8.6%
$1,130,000
$1,490,000
31.9%
192
263
37.0%
97.3%
97.2%
-0.2%
MICROMARKET REPORT | DENVER METRO YEAR-END 2015 | 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.
DENVER MARKET | MARKETS BY AREA
LONE TREE January through December Single Family
Average Price Average Price per Square Foot Average Days on Market Highest Price Properties Sold % Sold Price to List Price
approx: South of Ridgegate Parkway to County Line; Peoria to Quebec
2014
2015
% Change
$539,928
$718,096
33.0%
$186
$228
22.6%
45
64
42.2%
$1,207,500
$1,950,000
61.5%
39
54
38.5%
96.3%
95.3%
-1.0%
LOWRY
Quebec to Unita; Alameda to 11th
January through December Single Family
Average Price Average Price per Square Foot Average Days on Market Highest Price Properties Sold % Sold Price to List Price
2014
2015
% Change
$686,691
$693,317
1.0%
$267
$265
-0.7%
34
57
67.6%
$1,600,000
$1,710,000
6.9%
66
65
-1.5%
96.5%
96.6%
0.1%
N. Meadows Drive to Coachline Road; Breezy Lane to Dairylide Street
THE MEADOWS January through December Single Family
Average Price Average Price per Square Foot Average Days on Market Highest Price Properties Sold % Sold Price to List Price
2014
2015
% Change
$350,653
$397,432
13.3%
$162
$174
7.4%
38
29
-23.7%
$680,000
$700,000
2.9%
482
462
-4.1%
99.1%
98.8%
-0.3%
MICROMARKET REPORT | DENVER METRO YEAR-END 2015 | 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.
DENVER MARKET | MARKETS BY AREA
MONTCLAIR January through December Single Family
Average Price Average Price per Square Foot Average Days on Market Highest Price Properties Sold % Sold Price to List Price
Holly to Quebec; 6th to Colfax
2014
2015
% Change
$453,856
$505,135
11.3%
$306
$342
11.8%
40
42
5.0%
$1,020,000
$2,731,200
167.8%
156
128
-17.9%
97.7%
96.9%
-0.7%
OBSERVATORY PARK January through December Single Family
Average Price Average Price per Square Foot Average Days on Market Highest Price Properties Sold % Sold Price to List Price
University to Colorado; Evans to Yale
2014
2015
% Change
$871,403
$971,373
11.5%
$319
$343
7.4%
66
59
-10.6%
$2,335,000
$2,000,000
-14.3%
70
82
17.1%
93.6%
94.5%
0.9%
PARK HILL January through December Single Family
Average Price Average Price per Square Foot Average Days on Market Highest Price Properties Sold % Sold Price to List Price
Colfax to 26th; Colorado to Quebec
2014
2015
% Change
$491,647
$580,862
18.1%
$333
$363
9.0%
28
24
-14.3%
$1,600,000
$1,755,000
9.7%
269
245
-8.9%
98.0%
97.0%
-1.0%
MICROMARKET REPORT | DENVER METRO YEAR-END 2015 | 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.
DENVER MARKET | MARKETS BY AREA
PLATT PARK January through December Single Family
Average Price Average Price per Square Foot Average Days on Market Highest Price Properties Sold % Sold Price to List Price
POLO RESERVE January through December Single Family
Average Price Average Price per Square Foot Average Days on Market Highest Price Properties Sold % Sold Price to List Price
Broadway to Downing; Louisiana to Evans
2014
2015
% Change
$492,599
$528,432
7.3%
$383
$415
8.4%
26
13
-50.0%
$945,000
$1,065,000
12.7%
111
96
-13.5%
98.8%
99.2%
0.4%
North of Mineral; South of Arabian Place; West of the S. Platte River; East of S. Platte Canyon Road
2014
2015
% Change
$1,133,750
$969,496
-14.5%
$289
$271
-6.2%
121
76
-37.2%
$2,425,000
$1,535,460
-36.7%
8
10
25.0%
92.0%
97.5%
6.0%
PRADERA & TIMBERS January through December Single Family
Average Price Average Price per Square Foot Average Days on Market Highest Price Properties Sold % Sold Price to List Price
Pradera and Timbers Subdivisions in Parker
2014
2015
% Change
$702,601
$764,170
8.8%
$211
$223
5.7%
74
84
13.5%
$1,675,000
$1,929,142
15.2%
118
97
-17.8%
95.3%
95.4%
0.2%
MICROMARKET REPORT | DENVER METRO YEAR-END 2015 | 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.
DENVER MARKET | MARKETS BY AREA
SADDLE ROCK January through December Single Family
Average Price Average Price per Square Foot Average Days on Market Highest Price Properties Sold % Sold Price to List Price
North of E. Dry Creek Road; South of Smoky Hill Road; West of E-470; East of S. Liverpool Street
2014
2015
% Change
$491,030
$542,924
10.6%
$165
$183
10.9%
77
78
1.3%
$855,000
$1,035,000
21.1%
80
125
56.3%
95.6%
96.8%
1.2%
SLOAN’S LAKE January through December Single Family
Average Price Average Price per Square Foot Average Days on Market Highest Price Properties Sold % Sold Price to List Price
Colfax to 29th; Sheridan to Federal
2014
2015
% Change
$427,535
$516,839
20.9%
$327
$364
11.3%
35
38
8.6%
$935,000
$2,300,000
146.0%
144
169
17.4%
97.4%
96.6%
-0.8%
SOUTHERN HILLS January through December Single Family
Average Price Average Price per Square Foot Average Days on Market Highest Price Properties Sold % Sold Price to List Price
University to Colorado; Yale to Hampden
2014
2015
% Change
$573,453
$630,361
9.9%
$299
$335
12.0%
29
26
-10.3%
$1,220,000
$1,300,000
6.6%
46
42
-8.7%
96.8%
97.0%
0.2%
MICROMARKET REPORT | DENVER METRO YEAR-END 2015 | 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.
DENVER MARKET | MARKETS BY AREA
SOUTHGLENN January through December Single Family
Average Price Average Price per Square Foot Average Days on Market Highest Price Properties Sold % Sold Price to List Price
Washington to University; Arapahoe to Dry Creek
2014
2015
% Change
$333,932
$370,235
10.9%
$186
$204
9.7%
32
23
-28.1%
$410,000
$446,600
8.9%
64
68
6.3%
97.8%
99.4%
1.7%
STAPLETON January through December Single Family
Average Price Average Price per Square Foot Average Days on Market Highest Price Properties Sold % Sold Price to List Price
Quebec to Havana; 23rd to 40th
2014
2015
% Change
$516,685
$554,048
7.2%
$241
$260
7.9%
34
27
-20.6%
$1,360,000
$1,194,000
-12.2%
259
260
0.4%
98.2%
98.9%
0.7%
North of E. Dry Creek; South of Smoky Hill; West of S. Powhaton; East of E-470
TALLYN’S REACH January through December Single Family
Average Price Average Price per Square Foot Average Days on Market Highest Price Properties Sold % Sold Price to List Price
2014
2015
% Change
$439,323
$478,401
8.9%
$167
$189
13.2%
57
50
-12.3%
$716,200
$1,200,000
67.6%
129
132
2.3%
96.9%
97.7%
0.8%
MICROMARKET REPORT | DENVER METRO YEAR-END 2015 | 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.
DENVER MARKET | MARKETS BY AREA
UPTOWN Single Family and Condos
January through December Average Price Average Price per Square Foot Average Days on Market Highest Price Properties Sold % Sold Price to List Price
WASHINGTON PARK EAST January through December Single Family
Average Price Average Price per Square Foot Average Days on Market Highest Price Properties Sold % Sold Price to List Price
WASHINGTON PARK WEST January through December Single Family
Average Price Average Price per Square Foot Average Days on Market Highest Price Properties Sold % Sold Price to List Price
North of Colfax; East of Broadway; South of 20th; 20th & Park to 19th; West of Jospehine
2014
2015
% Change
$336,068
$392,085
16.7%
$283
$320
13.1%
34
45
32.4%
$1,009,500
$2,000,000
98.1%
199
173
-13.1%
97.9%
99.3%
1.3%
Louisiana to Ellsworth; Downing to University
2014
2015
% Change
$831,981
$1,005,602
20.9%
$439
$508
15.7%
32
35
9.4%
$2,595,000
$4,100,000
58.0%
126
121
-4.0%
96.6%
96.8%
0.3%
Louisiana to Ellsworth; Broadway to Downing
2014
2015
% Change
$507,449
$570,280
12.4%
$348
$381
9.5%
34
27
-20.6%
$1,475,000
$1,950,000
32.2%
194
174
-10.3%
98.0%
99.1%
1.2%
MICROMARKET REPORT | DENVER METRO YEAR-END 2015 | 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.
COLORADO LUXURY REAL ESTATE EXPERTS BOULDER
CASTLE PINES
1050 Walnut Street Boulder, CO 80302 303.443.6161
858 W. Happy Canyon Road, Suite 100 Castle Rock, CO 80108 303.660.8800
DENVER TECH CENTER
31955 Castle Court, #1 South Evergreen, CO 80439 303.674.3200
BEAVER CREEK
EDWARDS
26 Avondale Lane, #119 Beaver Creek, CO 81620 970.845.0400
292 E. Meadow Drive, Suite 101 Vail, CO 81657 970.476.7944
101 South Main Street Breckenridge, CO 80424 970.453.0550
EVERGREEN
1512 Larimer Street, #46R Denver, CO 80202 303.893.3200
VAIL
BRECKENRIDGE
255 Clayton Street, Unit 100 North Denver, CO 80206 303.893.3200
100 Saint Paul Street, Suite 200 Denver, CO 80206 303.893.3200
DOWNTOWN DENVER
8000 E. Belleview Avenue, Suite 200 Greenwood Village, CO 80111 303.893.3200
CHERRY CREEK (Clayton)
CHERRY CREEK (St. Paul)
34253 Highway 6, #2A Edwards, CO 81632 970.748.5150
34
36
LIV Sotheby’s International Realty Locations
BOULDER COUNTY BOULDER
|
CASTLE PINES VILLAGE
DOWNTOWN DENVER
|
EVERGREEN
BRECKENRIDGE
|
|
|
CHERRY CREEK
GREENWOOD VILLAGE
Boulder
25
VAIL VALLEY
DENVER 70
Downtown Denver Cherry Creek
VAIL VALLEY Beaver Creek
Denver Tech Center
Evergreen
Edwards Vail
24
70
SUMMIT COUNTY 85
Breckenridge
285
25
Castle Pines
MICROMARKET REPORT | DENVER METRO YEAR-END 2015 | 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.
24
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