LIV REPORT MICROMARKET
DENVER METRO | Quarter 1 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. Denver (City) 2. Baker 3. Bell Mountain Ranch 4. Belmar 5. Berkeley 6. Bonnie Brae/Belcaro 7. Bow Mar/Bow Mar South 8. Capitol Hill 9. Castle Pines North 10. Castle Pines Village 11. Cheesman 12. Cherry Creek North 13. Cherry Creek South/East 14. Cherry Hills Village 15. City Park 16. City Park South 17. Columbine Valley 18. Congress Park 19. Cory-Merrill 20. Country Club 21. Crestmoor 22. Downtown 23. Golden Triangle 24. Greenwood Village East 25. Greenwood Village West 26. Hale Mayfair 27. Heritage Greens 28. Highlands 29. Highlands Ranch 30. Hilltop 31. Homestead 32. Keene Ranch 33. Ken Caryl North Ranch 34. Ken Caryl Valley 35. Lakewood 36. LoHi 37. Lone Tree 38. Lowry 39. The Meadows 40. Montclair 41. Observatory Park 42. Park Hill 43. Platt Park 44. Polo Reserve 45. Pradera & Timbers 46. Saddle Rock Golf Club 47. Sloan’s Lake 48. Southern Hills 49. Southglenn 50. Stapleton 51. Tallyn’s Reach 52. Uptown 53. Washington Park East 54. 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 QUARTER 1 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 first quarter statistics, to those of 2014, for single family homes and condos.
Quarter 1 Highlights:
• Observatory Park’s average price is $887,047 – up 16.9% • Park Hill’s average price is $553,087 – up 17.4% • Uptown’s average price is $383, 839 – up 12.9%
The average price of single family homes and condos combined rose nearly 14%, resulting in an average price of $344,280 in Denver Metro. Inventory is flying. The surging national economy combined with Colorado’s growing popularity is causing a severe lack of inventory in Denver Metro. For properties under $400,000, percentage of sold price to original list price was 98% in 2014 and 100% in 2015. Interestingly, several neighborhoods including Observatory Park, Park Hill & Uptown all reached significant price points above $300/square foot, demonstrating the heavy growth market. In addition, LIV Sotheby’s International Realty exhibited a significant presence within the luxury market with a 30% share of the highest luxury price sales in Q1.
10,574
homes sold for an average of
$344,280
or, $3,641,276,833 total dollar volume sold.
DENVER METRO January through March
All Properties in the Denver Metrolist
2014
2015
% Change
New Listings
14,864
14,960
0.6%
Sold Listings (All Properties)
10,129
10,574
4.4%
Sold Single Family
7,575
7,574
0.0%
Sold Condo
2,554
3,000
17.5%
51
37
-27.5%
$302,127
$344,280
14.0%
99.00%
100.00%
1.0%
Average Days on Market Average Price % Sold Price to List Price
MICROMARKET REPORT | DENVER METRO QUARTER 1 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 March
2014
2015
% Change
$320,845
$371,147
15.7%
$233
$264
13.3%
54
47
-13.0%
Highest Price
$4,925,000
$3,522,019
-28.5%
Lowest Price
$38,000
$49,000
28.9%
2,603
2,683
3.1%
98.60%
99.07%
0.5%
Average Price Average Price per Square Foot Average Days on Market
Properties Sold % Sold Price to List Price
BAKER
6th Avenue to Mississippi; South Platte River to Broadway
January through March Single Family and Condos
City of Denver
2014
2015
% Change
$313,295
$353,263
12.8%
$244
$316
29.5%
62
17
-72.6%
Highest Price
$470,000
$640,000
36.2%
Lowest Price
$159,900
$152,500
-4.6%
20
16
-20.0%
97.90%
98.46%
0.6%
Average Price Average Price per Square Foot Average Days on Market
Properties Sold % Sold Price to List Price
I-25 to Quarry Road; Bell Mountain Parkway to Starburst Circle
BELL MOUNTAIN RANCH Single Family and Condos
January through March
2014
2015
% Change
$643,400
$752,800
17.0%
$256
$259
1.2%
159
130
-18.2%
Highest Price
$743,500
$1,050,000
41.2%
Lowest Price
$538,500
$565,000
4.9%
Average Price Average Price per Square Foot Average Days on Market
Properties Sold % Sold Price to List Price
5
5
0.0%
95.33%
94.44%
-0.9%
MICROMARKET REPORT | DENVER METRO QUARTER 1 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 March
Kentucky to Alameda; Wadsworth to Pierce
2014
2015
% Change
$293,638
$350,750
19.4%
$190
$251
32.1%
22
8
-63.6%
Highest Price
$396,500
$400,000
0.9%
Lowest Price
$128,500
$236,000
83.7%
5
4
-20.0%
97.32%
98.17%
0.9%
Average Price Average Price per Square Foot Average Days on Market
Properties Sold % Sold Price to List Price
BERKELEY January through March Single Family
Average Price Average Price per Square Foot Average Days on Market
38th to I-70; Sheridan to Federal
2014
2015
% Change
$385,126
$432,666
12.3%
$300
$350
16.7%
67
31
-53.7%
Highest Price
$779,150
$862,500
10.7%
Lowest Price
$144,000
$200,000
38.9%
37
36
-2.7%
97.18%
98.94%
1.8%
Properties Sold % Sold Price to List Price
Mississippi to Cherry Creek Drive South; University to Colorado
BONNIE BRAE/BELCARO January through March
2014
2015
% Change
$700,388
$794,720
13.5%
$353
$379
7.4%
37
52
40.5%
Highest Price
$1,900,000
$1,290,000
-32.1%
Lowest Price
$304,000
$380,000
25.0%
14
11
-21.4%
98.46%
97.39%
-1.1%
Single Family
Average Price Average Price per Square Foot Average Days on Market
Properties Sold % Sold Price to List Price
MICROMARKET REPORT | DENVER METRO QUARTER 1 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 March
2014
2015
% Change
$1,251,667
$1,425,000
13.8%
$291
$404
38.8%
247
206
-16.6%
Highest Price
$2,755,000
$1,425,000
-48.3%
Lowest Price
$450,000
$1,425,000
216.7%
3
1
-66.7%
91.21%
64.77%
-29.0%
Average Price
Single Family
North of Bowles; South of Quincy; West of Morning Glory; East of Bow Mar Drive
Average Price per Square Foot Average Days on Market
Properties Sold % Sold Price to List Price
CAPITOL HILL Single Family and Condos
January through March
2014
2015
% Change
$282,449
$261,586
-7.4%
$229
$266
16.2%
75
35
-53.3%
Highest Price
$1,148,000
$950,000
-17.2%
Lowest Price
$64,000
$89,000
39.1%
73
70
-4.1%
94.70%
100.47%
6.1%
Average Price Average Price per Square Foot Average Days on Market
Properties Sold % Sold Price to List Price
CASTLE PINES NORTH January through March
Country Club Parkway to Coyote Ridge Park; Daniels Park to Yorkshire
2014
2015
% Change
$474,259
$593,707
25.2%
$179
$201
12.3%
79
58
-26.6%
Highest Price
$800,000
$1,315,000
64.4%
Lowest Price
$297,000
$379,000
27.6%
29
27
-6.9%
96.02%
96.87%
0.9%
Average Price
Single Family
Broadway to Downing; 6th to Colfax
Average Price per Square Foot Average Days on Market
Properties Sold % Sold Price to List Price
MICROMARKET REPORT | DENVER METRO QUARTER 1 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 March
2014
2015
% Change
$984,241
$899,981
-8.6%
$320
$280
-12.5%
171
161
-5.8%
Highest Price
$3,525,000
$2,075,000
-41.1%
Lowest Price
$520,000
$579,000
11.3%
19
19
0.0%
94.66%
94.46%
-0.2%
Single Family
Average Price Average Price per Square Foot Average Days on Market
Properties Sold % Sold Price to List Price
CHEESMAN Single Family and Condos
January through March
York to Downing; Colfax to 8th
2014
2015
% Change
$278,586
$395,539
42.0%
$227
$274
20.7%
46
56
21.7%
Highest Price
$1,645,000
$2,000,000
21.6%
Lowest Price
$75,100
$109,000
45.1%
41
23
-43.9%
98.74%
97.87%
-0.9%
Average Price Average Price per Square Foot Average Days on Market
Properties Sold % Sold Price to List Price
CHERRY CREEK NORTH Single Family and Condos
January through March
York to Colorado; 1st to 6th
2014
2015
% Change
$1,032,373
$890,790
-13.7%
$412
$426
3.4%
85
69
-18.8%
Highest Price
$2,293,575
$3,522,019
53.6%
Lowest Price
$327,500
$309,000
-5.6%
23
36
56.5%
95.45%
96.25%
0.8%
Average Price Average Price per Square Foot Average Days on Market
Properties Sold % Sold Price to List Price
MICROMARKET REPORT | DENVER METRO QUARTER 1 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 March
2014
2015
% Change
$580,164
$621,360
7.1%
$308
$332
7.8%
112
71
-36.6%
Highest Price
$1,395,000
$2,350,000
68.5%
Lowest Price
$202,950
$195,000
-3.9%
28
36
28.6%
92.18%
97.36%
5.6%
Average Price Average Price per Square Foot Average Days on Market
Properties Sold % Sold Price to List Price
CHERRY HILLS VILLAGE January through March Single Family (Under 1 Acre)
Hampden to Belleview; Clarkson to Happy Canyon Road and Charlou
2014
2015
% Change
$1,242,553
$1,412,286
13.7%
$317
$369
16.4%
93
58
-37.6%
Highest Price
$1,780,120
$2,265,000
27.2%
Lowest Price
$860,000
$500,000
-41.9%
8
14
75.0%
91.32%
93.15%
2.0%
Average Price Average Price per Square Foot Average Days on Market
Properties Sold % Sold Price to List Price
CHERRY HILLS VILLAGE January through March
Hampden to Belleview; Clarkson to Happy Canyon Road and Charlou
2014
2015
% Change
$2,345,938
$1,929,375
-17.8%
$420
$550
31.0%
61
148
142.6%
Highest Price
$5,850,000
$4,115,000
-29.7%
Lowest Price
$1,200,000
$950,000
-20.8%
8
4
-50.0%
87.02%
89.66%
3.0%
Average Price
Single Family (Over 1 Acre)
University to Colorado; Alameda to 1st
Average Price per Square Foot Average Days on Market
Properties Sold % Sold Price to List Price
MICROMARKET REPORT | DENVER METRO QUARTER 1 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 March
2014
2015
% Change
$405,022
$463,134
14.3%
$257
$283
10.1%
44
56
27.3%
Highest Price
$975,000
$815,000
-16.4%
Lowest Price
$170,000
$210,000
23.5%
25
17
-32.0%
98.26%
101.42%
3.2%
Average Price
Single Family
Downing to York; 18th to Martin Luther King
Average Price per Square Foot Average Days on Market
Properties Sold % Sold Price to List Price
CITY PARK SOUTH January through March Single Family
Average Price Average Price per Square Foot Average Days on Market
2014
2015
% Change
$382,714
$440,300
15.0%
$287
$406
41.5%
39
3
-92.3%
Highest Price
$630,000
$515,000
-18.3%
Lowest Price
$245,000
$299,000
22.0%
7
8
14.3%
90.37%
102.99%
14.0%
Properties Sold % Sold Price to List Price
COLUMBINE VALLEY January through March
South Polo Ridge Drive to West Bowles Avenue; Platte Canyon Road to South Platte River
2014
2015
% Change
$881,006
$971,637
10.3%
$265
$273
3.0%
30
135
350.0%
Highest Price
$2,000,000
$1,535,460
-23.2%
Lowest Price
$531,000
$569,500
7.3%
8
7
-12.5%
95.69%
90.39%
-5.5%
Average Price
Single Family
York to Colorado; Colfax to 17th
Average Price per Square Foot Average Days on Market
Properties Sold % Sold Price to List Price
MICROMARKET REPORT | DENVER METRO QUARTER 1 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 March
2014
2015
% Change
$529,199
$500,111
-5.5%
$344
$360
4.7%
68
23
-66.2%
Highest Price
$2,435,000
$735,000
-69.8%
Lowest Price
$266,000
$340,000
27.8%
30
15
-50.0%
95.04%
98.13%
3.3%
Average Price
Single Family
York to Colorado; 6th to Colfax
Average Price per Square Foot Average Days on Market
Properties Sold % Sold Price to List Price
S University Blvd to S Colorado Blvd; I-25 to E Mississippi Ave
CORY-MERRILL January through March
2014
2015
% Change
$474,619
$604,065
27.3%
$337
$358
6.2%
91
56
-38.5%
Highest Price
$1,300,000
$1,250,000
-3.8%
Lowest Price
$244,000
$259,000
6.1%
21
28
33.3%
98.00%
94.53%
-3.5%
Single Family
Average Price Average Price per Square Foot Average Days on Market
Properties Sold % Sold Price to List Price
COUNTRY CLUB January through March
2014
2015
% Change
$1,237,313
$1,744,925
41.0%
$382
$435
13.9%
167
30
-82.0%
Highest Price
$1,841,940
$2,599,700
41.1%
Lowest Price
$570,000
$1,185,000
107.9%
3
4
33.3%
88.11%
90.28%
2.5%
Average Price
Single Family
University to Downing 1st-4th; Race to University 4th-6th
Average Price per Square Foot Average Days on Market
Properties Sold % Sold Price to List Price
MICROMARKET REPORT | DENVER METRO QUARTER 1 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 March
2014
2015
% Change
$870,667
$767,500
-11.8%
$312
$301
-3.5%
120
33
-72.5%
Highest Price
$1,400,000
$950,000
-32.1%
Lowest Price
$515,000
$552,500
7.3%
3
3
0.0%
95.35%
94.14%
-1.3%
Average Price
Single Family
Holly to Monaco; Bayaud to 6th
Average Price per Square Foot Average Days on Market
Properties Sold % Sold Price to List Price
DOWNTOWN January through March
2014
2015
% Change
$514,495
$466,225
-9.4%
$362
$386
6.6%
86
59
-31.4%
Highest Price
$4,925,000
$1,600,000
-67.5%
Lowest Price
$146,500
$160,000
9.2%
83
99
19.3%
96.78%
98.11%
1.4%
Average Price
Condos
Average Price per Square Foot Average Days on Market
Properties Sold % Sold Price to List Price
GOLDEN TRIANGLE January through March Single Family and Condos
Downtown Denver MLS Area
Average Price Average Price per Square Foot Average Days on Market
North Speer Boulevard to Broadway; Colfax to 7th
2014
2015
% Change
$320,563
$465,000
45.1%
$265
$286
7.9%
55
74
34.5%
Highest Price
$446,000
$605,000
35.7%
Lowest Price
$268,500
$304,000
13.2%
8
8
0.0%
97.08%
98.10%
1.1%
Properties Sold % Sold Price to List Price
MICROMARKET REPORT | DENVER METRO QUARTER 1 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 March
2014
2015
% Change
$1,054,524
$1,004,763
-4.7%
$281
$301
7.1%
111
132
18.9%
Highest Price
$2,102,920
$2,135,000
1.5%
Lowest Price
$795,000
$550,000
-30.8%
9
14
55.6%
93.13%
91.53%
-1.7%
Average Price
Single Family
I-25 to Havana; Belleview to Orchard
Average Price per Square Foot Average Days on Market
Properties Sold % Sold Price to List Price
GRENWOOD VILLAGE WEST January through March
2014
2015
% Change
$1,044,633
$1,591,563
52.4%
$305
$342
12.1%
115
40
-65.2%
Highest Price
$1,963,200
$2,395,000
22.0%
Lowest Price
$502,000
$737,500
46.9%
9
8
-11.1%
91.84%
94.36%
2.7%
Average Price
Single Family (Under 1 Acre)
Orchard to Belleview; Clarkson to I-25
Average Price per Square Foot Average Days on Market
Properties Sold % Sold Price to List Price
GREENWOOD VILLAGE WEST January through March
2014
2015
% Change
$1,211,212
$1,803,250
48.9%
$345
$337
-2.3%
55
48
-12.7%
Highest Price
$1,663,636
$2,850,000
71.3%
Lowest Price
$770,000
$1,120,000
45.5%
3
4
33.3%
92.12%
90.37%
-1.9%
Average Price
Single Family (Over 1 Acre)
Orchard to Belleview; Clarkson to I-25
Average Price per Square Foot Average Days on Market
Properties Sold % Sold Price to List Price
MICROMARKET REPORT | DENVER METRO QUARTER 1 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 March
2014
2015
% Change
$430,758
$487,832
13.2%
$296
$380
28.4%
64
43
-32.8%
Highest Price
$620,000
$808,000
30.3%
Lowest Price
$256,000
$321,140
25.4%
19
24
26.3%
95.83%
97.37%
1.6%
Single Family
Average Price Average Price per Square Foot Average Days on Market
Properties Sold % Sold Price to List Price
HERITAGE GREENS January through March Single Family
Dry Creek to County Line; Colorado Boulevard to Holly
2014
2015
% Change
$624,580
$823,300
31.8%
$203
$245
20.7%
18
19
5.6%
Highest Price
$889,900
$985,000
10.7%
Lowest Price
$442,000
$614,900
39.1%
5
3
-40.0%
96.39%
98.09%
1.8%
Average Price Average Price per Square Foot Average Days on Market
Properties Sold % Sold Price to List Price
HIGHLANDS January through March Single Family and Condos
Colorado to Holly; 6th to Colfax
W 38th Ave to Speer Blvd and W 29th Ave; Union Pacific RR lines and S Platte River to Federal Blvd
2014
2015
% Change
$422,103
$501,101
18.7%
$327
$356
8.9%
65
82
26.2%
Highest Price
$700,000
$1,037,700
48.2%
Lowest Price
$78,000
$85,500
9.6%
51
71
39.2%
95.85%
97.66%
1.9%
Average Price Average Price per Square Foot Average Days on Market
Properties Sold % Sold Price to List Price
MICROMARKET REPORT | DENVER METRO QUARTER 1 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 March
2014
2015
% Change
$435,328
$493,571
13.4%
$305
$364
19.3%
54
46
-14.8%
Highest Price
$800,000
$1,067,000
33.4%
Lowest Price
$239,950
$190,000
-20.8%
45
51
13.3%
97.54%
98.17%
0.6%
Average Price Average Price per Square Foot Average Days on Market
Properties Sold % Sold Price to List Price
HIGHLANDS RANCH January through March
Daniels Park to County Line; Santa Fe to Quebec
2014
2015
% Change
$361,929
$394,140
8.9%
$179
$194
8.4%
42
23
-45.2%
Highest Price
$1,100,000
$650,000
-40.9%
Lowest Price
$186,000
$254,000
36.6%
184
124
-32.6%
97.97%
98.91%
1.0%
Average Price
Single Family
38th Ave to 29th Ave; Federal to Sheridan
Average Price per Square Foot Average Days on Market
Properties Sold % Sold Price to List Price
HILLTOP January through March
2014
2015
$1,027,438
$1,057,780
3.0%
$334
$354
6.0%
106
93
-12.3%
Highest Price
$1,495,000
$2,595,000
73.6%
Lowest Price
$650,000
$365,000
-43.8%
8
22
175.0%
94.55%
94.42%
-0.1%
Average Price
Single Family
Alameda to 6th; Colorado to Holly
Average Price per Square Foot Average Days on Market
Properties Sold % Sold Price to List Price
% Change
MICROMARKET REPORT | DENVER METRO QUARTER 1 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 March
2014
2015
% Change
$353,815
$433,242
22.4%
$196
$232
18.4%
34
23
-32.4%
Highest Price
$920,300
$673,000
-26.9%
Lowest Price
$217,000
$248,050
14.3%
20
19
-5.0%
96.17%
97.75%
1.6%
Average Price
Single Family
Colorado to Quebec; Arapahoe to Dry Creek
Average Price per Square Foot Average Days on Market
Properties Sold % Sold Price to List Price
South Butte Circle to Castle Butte Drive; South Peak View Drive to West Tomah Road
KEENE RANCH January through March Single Family
Average Price Average Price per Square Foot Average Days on Market
2015
% Change
$759,167
$0
-
$235
$0
-
159
0
-
Highest Price
$1,105,000
$0
-
Lowest Price
$500,000
$0
-
6
No Sales
-
90.32%
0.00%
-
Properties Sold % Sold Price to List Price
KEN-CARYL NORTH RANCH January through March Average Price
Single Family
2014
Average Price per Square Foot Average Days on Market
approx: Red Fox Lane to North Ranch Road; Golden Eagle Lane to Blue Grouse Ridge Road
2014
2015
% Change
$815,000
$697,500
-14.4%
$247
$195
-21.1%
94
175
86.2%
Highest Price
$960,000
$775,000
-19.3%
Lowest Price
$650,000
$620,000
-4.6%
3
2
-33.3%
96.26%
92.70%
-3.7%
Properties Sold % Sold Price to List Price
MICROMARKET REPORT | DENVER METRO QUARTER 1 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 March
2014
2015
% Change
$620,423
$569,630
-8.2%
$200
$232
16.0%
89
26
-70.8%
Highest Price
$982,000
$875,000
-10.9%
Lowest Price
$450,000
$389,900
-13.4%
13
10
-23.1%
94.96%
96.06%
1.2%
Average Price
Single Family
approx: Tamarade Drive to Manor House Road; Mountain High Court to West Ken Caryl Ave
Average Price per Square Foot Average Days on Market
Properties Sold % Sold Price to List Price
LAKEWOOD January through March
2014
2015
% Change
$316,731
$354,842
12.0%
$188
$213
13.3%
59
32
-45.8%
Highest Price
$925,000
$1,370,000
48.1%
Lowest Price
$87,000
$120,000
37.9%
256
294
14.8%
97.00%
99.30%
2.4%
Average Price
Single Family
City of Lakewood
Average Price per Square Foot Average Days on Market
Properties Sold % Sold Price to List Price
LOHI
W. 38th to I-25; Speer Blvd to Zuni Street
Single Family and Condos
January through March
2014
2015
% Change
$451,555
$512,978
13.6%
$341
$356
4.4%
65
92
41.5%
Highest Price
$700,000
$1,037,700
48.2%
Lowest Price
$245,000
$160,000
-34.7%
32
56
75.0%
96.39%
97.92%
1.6%
Average Price Average Price per Square Foot Average Days on Market
Properties Sold % Sold Price to List Price
MICROMARKET REPORT | DENVER METRO QUARTER 1 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 March
2014
2015
% Change
$633,500
$489,500
-22.7%
$192
$209
8.9%
103
22
-78.6%
Highest Price
$1,115,000
$720,000
-35.4%
Lowest Price
$380,000
$408,000
7.4%
4
7
75.0%
95.10%
97.95%
3.0%
Average Price
Single Family
approx: South of Ridgegate Parkway to County Line; Peoria to Quebec
Average Price per Square Foot Average Days on Market
Properties Sold % Sold Price to List Price
LOWRY
Quebec to Unita; Alameda to 11th
January through March
2014
2015
% Change
$603,320
$615,678
2.0%
$251
$256
2.0%
17
90
429.4%
Highest Price
$995,000
$1,000,000
0.5%
Lowest Price
$430,000
$422,963
-1.6%
11
17
54.5%
96.61%
96.39%
-0.2%
Single Family
Average Price Average Price per Square Foot Average Days on Market
Properties Sold % Sold Price to List Price
N. Meadows Drive to Coachline Road; Breezy Lane to Dairylide Street
THE MEADOWS January through March
2014
2015
% Change
$337,056
$383,535
13.8%
$159
$166
4.4%
45
30
-33.3%
Highest Price
$585,000
$680,000
16.2%
Lowest Price
$202,400
$255,000
26.0%
87
92
5.7%
97.48%
98.60%
1.1%
Single Family
Average Price Average Price per Square Foot Average Days on Market
Properties Sold % Sold Price to List Price
MICROMARKET REPORT | DENVER METRO QUARTER 1 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 March
2014
2015
% Change
$485,395
$528,588
8.9%
$287
$320
11.5%
69
81
17.4%
Highest Price
$1,000,000
$1,144,450
14.4%
Lowest Price
$247,500
$247,860
0.1%
33
24
-27.3%
95.68%
95.58%
-0.1%
Average Price
Single Family
Holly to Quebec; 6th to Colfax
Average Price per Square Foot Average Days on Market
Properties Sold % Sold Price to List Price
OBSERVATORY PARK January through March
2014
2015
% Change
$758,973
$887,047
16.9%
$283
$309
9.2%
101
91
-9.9%
Highest Price
$1,519,700
$1,750,000
15.2%
Lowest Price
$195,000
$347,500
78.2%
11
15
36.4%
90.62%
93.66%
3.4%
Average Price
Single Family
University to Colorado; Evans to Yale
Average Price per Square Foot Average Days on Market
Properties Sold % Sold Price to List Price
PARK HILL January through March
2014
2015
$471,083
$553,087
17.4%
$294
$359
22.1%
46
34
-26.1%
Highest Price
$1,600,000
$1,400,000
-12.5%
Lowest Price
$153,000
$272,500
78.1%
48
41
-14.6%
115.64%
98.96%
-14.4%
Average Price
Single Family
Colfax to 26th; Colorado to Quebec
Average Price per Square Foot Average Days on Market
Properties Sold % Sold Price to List Price
% Change
MICROMARKET REPORT | DENVER METRO QUARTER 1 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 March
2014
2015
% Change
$475,876
$516,963
8.6%
$368
$384
4.3%
26
14
-46.2%
Highest Price
$945,000
$930,000
-1.6%
Lowest Price
$299,000
$230,000
-23.1%
21
20
-4.8%
98.65%
97.57%
-1.1%
Single Family
Average Price Average Price per Square Foot Average Days on Market
Properties Sold % Sold Price to List Price
POLO RESERVE January through March
North of Mineral; South of Arabian Place; West of the S. Platte River; East of S. Platte Canyon Road
2014
2015
% Change
$2,425,000
$1,230,152
-49.3%
$389
$316
-18.8%
12
144
1100.0%
Highest Price
$2,425,000
$1,535,460
-36.7%
Lowest Price
$2,425,000
$765,000
-68.5%
1
3
200.0%
97.00%
92.88%
-4.2%
Average Price
Single Family
Broadway to Downing; Louisiana to Evans
Average Price per Square Foot Average Days on Market
Properties Sold % Sold Price to List Price
PRADERA & TIMBERS January through March
2014
2015
$628,041
$664,584
5.8%
$204
$202
-1.0%
76
129
69.7%
Highest Price
$1,175,000
$900,000
-23.4%
Lowest Price
$344,500
$371,848
7.9%
22
16
-27.3%
95.84%
92.20%
-3.8%
Average Price
Single Family
Pradera and Timbers Subdivisions in Parker
Average Price per Square Foot Average Days on Market
Properties Sold % Sold Price to List Price
% Change
MICROMARKET REPORT | DENVER METRO QUARTER 1 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 March
2014
2015
% Change
$419,435
$544,481
29.8%
$158
$185
17.1%
100
86
-14.0%
Highest Price
$855,000
$975,000
14.0%
Lowest Price
$300,000
$370,000
23.3%
16
25
56.3%
96.55%
94.74%
-1.9%
Average Price
Single Family
North of E. Dry Creek Road; South of Smoky Hill Road; West of E-470; East of S. Liverpool Street
Average Price per Square Foot Average Days on Market
Properties Sold % Sold Price to List Price
SLOAN’S LAKE January through March
2014
2015
% Change
$406,338
$460,433
13.3%
$304
$364
19.7%
69
48
-30.4%
Highest Price
$935,000
$900,000
-3.7%
Lowest Price
$231,250
$325,000
40.5%
33
23
-30.3%
95.46%
98.05%
2.7%
Average Price
Single Family
Colfax to 29th; Sheridan to Federal
Average Price per Square Foot Average Days on Market
Properties Sold % Sold Price to List Price
SOUTHERN HILLS January through March Single Family
Average Price Average Price per Square Foot Average Days on Market
University to Colorado; Yale to Hampden
2014
2015
% Change
$579,658
$629,438
8.6%
$295
$322
9.2%
26
76
192.3%
Highest Price
$1,050,000
$775,000
-26.2%
Lowest Price
$280,000
$362,000
29.3%
13
4
-69.2%
98.62%
91.01%
-7.7%
Properties Sold % Sold Price to List Price
MICROMARKET REPORT | DENVER METRO QUARTER 1 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 March
2014
2015
% Change
$315,550
$349,982
10.9%
$163
$175
7.4%
60
37
-38.3%
Highest Price
$381,000
$415,000
8.9%
Lowest Price
$242,000
$261,000
7.9%
11
14
27.3%
94.70%
96.82%
2.2%
Average Price
Single Family
Washington to University; Arapahoe to Dry Creek
Average Price per Square Foot Average Days on Market
Properties Sold % Sold Price to List Price
STAPLETON January through March Single Family
Average Price Average Price per Square Foot Average Days on Market
Quebec to Havana; 23rd to 40th
2014
2015
% Change
$532,287
$537,628
1.0%
$237
$249
5.1%
52
35
-32.7%
Highest Price
$1,010,000
$845,000
-16.3%
Lowest Price
$148,500
$220,000
48.1%
41
44
7.3%
97.79%
98.26%
0.5%
Properties Sold % Sold Price to List Price
North of E. Dry Creek; South of Smoky Hill; West of S. Powhaton; East of E-470
TALLYN’S REACH January through March
2014
2015
% Change
$399,539
$475,219
18.9%
$169
$190
12.4%
82
77
-6.1%
Highest Price
$597,495
$1,200,000
100.8%
Lowest Price
$280,000
$316,000
12.9%
18
19
5.6%
95.92%
97.01%
1.1%
Single Family
Average Price Average Price per Square Foot Average Days on Market
Properties Sold % Sold Price to List Price
MICROMARKET REPORT | DENVER METRO QUARTER 1 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 March
2014
2015
% Change
$340,004
$383,839
12.9%
$275
$314
14.2%
58
44
-24.1%
Highest Price
$975,000
$950,000
-2.6%
Lowest Price
$105,000
$155,000
47.6%
37
26
-29.7%
96.43%
98.53%
2.2%
Average Price Average Price per Square Foot Average Days on Market
Properties Sold % Sold Price to List Price
WASHINGTON PARK EAST January through March Single Family
Louisiana to Ellsworth; Downing to University
2014
2015
% Change
$755,147
$910,010
20.5%
$433
$484
11.8%
38
46
21.1%
Highest Price
$1,330,000
$1,668,905
25.5%
Lowest Price
$249,000
$330,000
32.5%
17
25
47.1%
97.40%
96.59%
-0.8%
Average Price Average Price per Square Foot Average Days on Market
Properties Sold % Sold Price to List Price
WASHINGTON PARK WEST January through March
Louisiana to Ellsworth; Broadway to Downing
2014
2015
$444,820
$567,217
27.5%
$320
$370
15.6%
45
34
-24.4%
Highest Price
$804,000
$1,453,764
80.8%
Lowest Price
$200,000
$271,000
35.5%
Average Price
Single Family
North of Colfax; East of Broadway; South of 20th; 20th & Park to 19th; West of Jospehine
Average Price per Square Foot Average Days on Market
Properties Sold % Sold Price to List Price
% Change
35
37
5.7%
95.55%
98.78%
3.4%
MICROMARKET REPORT | DENVER METRO QUARTER 1 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
CHERRY CREEK
400 S. Colorado Blvd., Suite 400 Denver, CO 80246 303.893.3200
DENVER TECH CENTER
DOWNTOWN DENVER
BEAVER CREEK VILLAGE
VAIL VALLEY
8000 E. Belleview Avenue, Suite 200 Greenwood Village, CO 80111 303.893.3200
255 Clayton Street, Unit 100 North Denver, CO 80206 303.893.3200
EVERGREEN
1512 Larimer Street, #46R Denver, CO 80202 303.893.3200
26 Avondale Lane, #119 Beaver Creek, CO 81620 970.845.0400
CHERRY CREEK-CLAYTON
31955 Castle Court, #1 South Evergreen, CO 80439 303.674.3200
BRECKENRIDGE
34253 Highway 6, #2A Edwards, CO 81632 970.748.5150
101 South Main Street Breckenridge, CO 80424 970.453.0550
34
LIV Sotheby’s International Realty Locations 36
BOULDER
|
CASTLE PINES VILLAGE
DOWNTOWN DENVER
|
EVERGREEN
BRECKENRIDGE
|
|
|
CHERRY CREEK
GREENWOOD VILLAGE
Boulder
25
VAIL VALLEY
DENVER Downtown Denver
70
Cherry Creek Evergreen
Edwards
Greenwood Village
70
Beaver Creek 24
85
Breckenridge
285
25
Castle Pines Village
MICROMARKET REPORT | DENVER METRO QUARTER 1 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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