LIV
MICRO MARKET REPORTS
DENVER METRO | Quarter 1 2016
C O LO R A D O M I C R O R E P O RTS .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.
Ken Caryl Valley Ken Caryl North Ranch Lakewood Belmar Bow Mar/Bow Mar South Sloan’s Lake Berkeley Polo Reserve Columbine Valley LoHi Highlands Baker Golden Triangle Downtown Uptown Denver (City) Washington Park West Platt Park Capitol Hill Cheesman Country Club Washington Park East Bonnie Brae/Belcaro Highlands Ranch Southglenn Greenwood Village West Cherry Hills Village Southern Hills Observatory Park Cory-Merrill Cherry Creek South/East Cherry Creek North Congress Park City Park South City Park Park Hill Hale Mayfair Hilltop Greenwood Village East Homestead Heritage Greens Crestmoor Montclair Lowry Stapleton Lone Tree Castle Pines North Castle Pines Village The Meadows Keene Ranch Bell Mountain Ranch Pradera & Timbers Tallyn’s Reach Saddle Rock Golf Club
7 11 10
6
4 3
35 14 15 34 13 19 20 33 16 21 32 12 31 17 22 23 30
45
36
37 43 38
42
44
18 29 28 27 5 26
39
9 25 2
8
54
40
53
41
1
24
46
47 48 52
49
50
51
MICROMARKET REPORT | DENVER METRO QUARTER 1 2016 | 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 2016 Quarter 1 statistics (January through March), to that of 2015, for single family homes and attached dwellings.
The average price of single family homes and condos combined rose 9.9%, resulting in an average price of $379,138 in Denver metro. In the city of Denver, the average price of single family homes and condos rose 11%, resulting in an average price of $411,229. Inventory has decreased slightly, and the number of new listings coming on the market is down 0.7% in Denver metro and up 2% in the City of Denver. Meanwhile, the numbers of listings sold have increased only 2.9% and 2.1% respectively. The economic rules of supply and demand play an important role in understanding our current real estate market. Simply stated, the low supply of inventory combined with a high buyer demand to purchase is creating a market where values will continue to increase Across the board, days on market rose 2%, (now 41 days on average), and the sales price to list price ratio held at 98.8%, a 0.2% decrease over 2015 throughout the Denver metro area. This statistic is evidence of continued competitive, and steady conditions in the marketplace. Colorado continues to serve as a highly desirable place to live and offers a very healthy real estate climate. Home values are projected to rise, making Denver metro a leader in home sales in 2016.
DENVER METRO January through March New Listings
Quarter 1 Highlights:
• Denver (City) average price is $411,229 – up 11.0% • Downtown’s average price is $523,498 – up 16.3% • Castle Pines Village’s average price is $988,873 – up 14.7% • Cherry Creek North’s average price is $1,238,349 – up 39.0%
9,781
homes sold for an average of
$379,138
or, $3,709,061,302 total dollar volume sold.
Adams, Arapahoe, Broomfield, Denver, Douglas, Jefferson Counties
2016
2015
% Change
13,055
13,148
-0.7%
Sold Listings (All Properties)
9,781
9,506
2.9%
Sold Single Family
6,895
6,670
3.4%
Sold Condo
2,886
2,836
1.8%
41
40
2.5%
$379,138
$345,130
9.9%
98.8%
99.0%
-0.2%
$3,709,061,302
$3,280,807,576
13.1%
Average Days on Market Average Price % Sold Price to List Price Total Dollar Volume Sold
MICROMARKET REPORT | DENVER METRO QUARTER 1 2016 | 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 MARKET | MARKETS BY AREA
1337 South Fillmore Street, Denver
DENVER (CITY) Single Family and Condos
January through March Average Price Average Price per Square Foot Average Days on Market Highest Price Properties Sold % Sold Price to List Price
BAKER
2016
2015
% Change
$411,229
$370,494
11.0%
$289
$264
9.5%
51
47
8.5%
$5,438,873
$3,522,019
54.4%
2,762
2,705
2.1%
99.4%
100.0%
-0.6%
6th Avenue to Mississippi; South Platte River to Broadway
January through March 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
2016
2015
% Change
$402,420
$346,567
16.1%
$331
$315
5.1%
22
21
4.8%
$690,000
$640,000
7.8%
25
18
38.9%
99.0%
100.0%
-1.0%
I-25 to Quarry Road; Bell Mountain Parkway to Starburst Circle
BELL MOUNTAIN RANCH Single Family and Condos
January through March Average Price Average Price per Square Foot Average Days on Market Highest Price Properties Sold % Sold Price to List Price
2016
2015
% Change
$738,625
$752,800
-1.9%
$283
$259
9.3%
76
130
-41.5%
$897,500
$1,050,000
-14.5%
4
5
-20.0%
95.9%
95.9%
0.0%
MICROMARKET REPORT | DENVER METRO QUARTER 1 2016 | 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
32 Polo Club Circle, Denver
BELMAR Single Family and Condos
January through March 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
2016
2015
% Change
$391,879
$350,750
11.7%
$244
$251
-2.8%
209
8
2,512.5%
$494,400
$400,000
23.6%
11
4
175.0%
98.9%
97.8%
1.0%
BERKELEY January through March 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
2016
2015
% Change
$493,556
$432,121
14.2%
$396
$345
14.8%
37
31
19.4%
$904,825
$862,500
4.9%
26
37
-29.7%
98.1%
97.7%
0.4%
Mississippi to Cherry Creek Drive South; University to Colorado
BONNIE BRAE/BELCARO January through March Single Family
Average Price Average Price per Square Foot Average Days on Market Highest Price Properties Sold % Sold Price to List Price
2016
2015
% Change
$1,063,229
$794,720
33.8%
$430
$379
13.5%
67
52
28.8%
$1,745,000
$1,290,000
35.3%
11
11
0.0%
94.9%
98.8%
-3.9%
MICROMARKET REPORT | DENVER METRO QUARTER 1 2016 | 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 MARKET | MARKETS BY AREA
8417 High Ridge Court, Castle Pines
BOW MAR/BOW MAR SOUTH January through March 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
2016
2015
% Change
$856,667
$1,425,000
-39.9%
$272
$404
-32.7%
85
206
-58.7%
$1,150,000
$1,425,000
-19.3%
3
1
200.0%
91.6%
64.8%
41.3%
CAPITOL HILL Single Family and Condos
January through March 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 March 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
2016
2015
% Change
$317,098
$261,890
21.1%
$284
$267
6.4%
26
34
-23.5%
$1,600,000
$950,000
68.4%
66
72
-8.3%
99.9%
100.0%
-0.1%
Country Club Parkway to Coyote Ridge Park; Daniels Park to Yorkshire
2016
2015
% Change
$630,112
$593,707
6.1%
$208
$201
3.5%
113
58
94.8%
$1,397,500
$1,315,000
6.3%
17
27
-37.0%
95.6%
98.0%
-2.5%
MICROMARKET REPORT | DENVER METRO QUARTER 1 2016 | 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
105 Fillmore Street #201, Denver US 85 & Copper Blush to Northwood; Daniels Park to Gate 5; Country Club to I-25
CASTLE PINES VILLAGE January through March Single Family
Average Price Average Price per Square Foot Average Days on Market Highest Price Properties Sold % Sold Price to List Price
2016
2015
% Change
$988,873
$862,275
14.7%
$290
$279
3.9%
141
154
-8.4%
$2,875,000
$2,075,000
38.6%
27
22
22.7%
95.5%
95.1%
0.4%
CHEESMAN Single Family and Condos
January through March 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
2016
2015
% Change
$458,814
$395,539
16.0%
$341
$274
24.5%
37
56
-33.9%
$2,495,000
$2,000,000
24.8%
37
23
60.9%
97.5%
99.2%
-1.7%
CHERRY CREEK NORTH Single Family and Condos
January through March 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
2016
2015
% Change
$1,238,349
$890,790
39.0%
$529
$426
24.2%
63
69
-8.7%
$5,438,873
$3,522,019
54.4%
46
36
27.8%
100.0%
95.6%
4.6%
MICROMARKET REPORT | DENVER METRO QUARTER 1 2016 | 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 MARKET | MARKETS BY AREA
22 Cherry Hills Park Drive, Cherry Hills Village
CHERRY CREEK EAST & SOUTH Single Family and Condos
January through March 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 March 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 March 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
2016
2015
% Change
$594,642
$614,847
-3.3%
$322
$331
-2.7%
66
75
-12.0%
$1,500,000
$2,350,000
-36.2%
24
37
-35.1%
97.9%
98.3%
-0.4%
Hampden to Belleview; Clarkson to Happy Canyon Road and Charlou
2016
2015
% Change
$1,424,462
$1,412,286
0.9%
$333
$369
-9.8%
105
58
81.0%
$2,900,000
$2,265,000
28.0%
13
14
-7.1%
87.4%
95.8%
-8.7%
Hampden to Belleview; Clarkson to Happy Canyon Road and Charlou
2016
2015
% Change
$3,368,600
$1,929,375
74.6%
$421
$550
-23.5%
114
148
-23.0%
$6,530,000
$4,115,000
58.7%
7
4
75.0%
94.7%
89.3%
6.0%
MICROMARKET REPORT | DENVER METRO QUARTER 1 2016 | 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
3114 E 17th Avenue, Denver
CITY PARK January through March 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
2016
2015
% Change
$516,643
$466,172
10.8%
$297
$284
4.6%
47
77
-39.0%
$915,000
$815,000
12.3%
20
19
5.3%
97.3%
99.7%
-2.4%
CITY PARK SOUTH January through March 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
2016
2015
% Change
$930,000
$440,300
111.2%
$332
$406
-18.2%
127
3
4,133.3%
$930,000
$515,000
80.6%
1
8
-87.5%
97.9%
102.7%
-4.7%
*Data based on one sale in 2016
COLUMBINE VALLEY January through March Single Family
Average Price Average Price per Square Foot Average Days on Market Highest Price Properties Sold % Sold Price to List Price
South Polo Ridge Drive to West Bowles Avenue; Platte Canyon Road to South Platte River
2016
2015
% Change
$1,100,000
$971,637
13.2%
$274
$273
0.4%
103
135
-23.7%
$1,815,000
$1,535,460
18.2%
7
1
600.0%
94.9%
92.3%
2.8%
MICROMARKET REPORT | DENVER METRO QUARTER 1 2016 | 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 MARKET | MARKETS BY AREA
312 High Street, Denver
CONGRESS PARK January through March 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
2016
2015
% Change
$440,680
$389,143
13.2%
$338
$310
9.0%
24
41
-41.5%
$982,500
$735,000
33.7%
33
33
0.0%
99.3%
100.9%
-1.6%
S University Blvd to S Colorado Blvd; I-25 to E Mississippi Ave
CORY-MERRILL January through March 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 March Single Family
Average Price Average Price per Square Foot Average Days on Market Highest Price Properties Sold % Sold Price to List Price
2016
2015
% Change
$813,412
$604,065
34.7%
$389
$358
8.7%
62
56
10.7%
$1,535,000
$1,250,000
22.8%
29
28
3.6%
97.7%
96.1%
1.7%
University to Downing 1st-4th; Race to University 4th-6th
2016
2015
% Change
$1,937,982
$1,744,925
11.1%
$540
$435
24.1%
111
30
270.0%
$2,600,000
$2,599,700
0.0%
5
4
25.0%
81.4%
92.2%
-11.7%
MICROMARKET REPORT | DENVER METRO QUARTER 1 2016 | 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
1133 14th Street #4050, Denver
CRESTMOOR January through March 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
2016
2015
% Change
$1,026,240
$767,500
33.7%
$443
$301
47.2%
59
33
78.8%
$2,010,000
$950,000
111.6%
5
3
66.7%
96.4%
95.5%
1.0%
DOWNTOWN January through March 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 March Average Price Average Price per Square Foot Average Days on Market Highest Price Properties Sold % Sold Price to List Price
Downtown Denver MLS Area
2016
2015
% Change
$523,498
$450,218
16.3%
$415
$389
6.7%
59
57
3.5%
$1,735,000
$1,600,000
8.4%
98
103
-4.9%
98.0%
98.4%
-0.5%
North Speer Boulevard to Broadway; Colfax to 7th
2016
2015
% Change
$549,157
$465,000
18.1%
$330
$286
15.4%
109
74
47.3%
$710,000
$605,000
17.4%
18
8
125.0%
100.0%
98.4%
1.6%
MICROMARKET REPORT | DENVER METRO QUARTER 1 2016 | 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 MARKET | MARKETS BY AREA
5545 South Madison Way, Greenwood Village
GREENWOOD VILLAGE EAST January through March 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
2016
2015
% Change
$1,271,500
$1,004,763
26.5%
$329
$301
9.3%
85
132
-35.6%
$2,000,000
$2,135,000
-6.3%
5
14
-64.3%
88.7%
91.9%
-3.4%
GREENWOOD VILLAGE WEST January through March 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
2016
2015
% Change
$1,469,433
$1,591,563
-7.7%
$387
$342
13.2%
84
40
110.0%
$2,296,029
$2,395,000
-4.1%
7
8
-12.5%
94.4%
95.3%
-0.9%
GREENWOOD VILLAGE WEST January through March 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
2016
2015
% Change
$2,119,250
$1,803,250
17.5%
$454
$337
34.7%
123
48
156.3%
$4,700,000
$2,850,000
64.9%
4
4
0.0%
96.0%
91.0%
5.5%
MICROMARKET REPORT | DENVER METRO QUARTER 1 2016 | 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
7875 South Fairfax Court, Centennial
HALE MAYFAIR January through March 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 March 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 March 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
2016
2015
% Change
$549,054
$487,832
12.5%
$387
$380
1.8%
40
43
-7.0%
$1,010,000
$808,000
25.0%
17
24
-29.2%
100.0%
99.4%
0.5%
Dry Creek to County Line; Colorado Boulevard to Holly
2016
2015
% Change
$769,831
$823,300
-6.5%
$248
$245
1.2%
72
19
278.9%
$972,500
$985,000
-1.3%
7
3
133.3%
96.8%
98.0%
-1.2%
W 38th Ave to Speer Blvd and W 29th Ave; Union Pacific RR lines and S Platte River to Federal Blvd
2016
2015
% Change
$534,533
$501,101
6.7%
$384
$356
7.9%
146
82
78.0%
$1,075,000
$1,037,700
3.6%
74
71
4.2%
98.9%
99.2%
-0.2%
MICROMARKET REPORT | DENVER METRO QUARTER 1 2016 | 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 MARKET | MARKETS BY AREA
5435 East 6th Avenue, Denver
(WEST) HIGHLANDS Single Family and Condos
January through March Average Price Average Price per Square Foot Average Days on Market Highest Price Properties Sold % Sold Price to List Price
HIGHLANDS RANCH January through March 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
2016
2015
% Change
$525,979
$494,562
6.4%
$388
$365
6.3%
55
47
17.0%
$1,282,000
$1,067,000
20.1%
43
50
-14.0%
98.0%
100.0%
-2.1%
Daniels Park to County Line; Santa Fe to Quebec
2016
2015
% Change
$475,340
$392,994
21.0%
$215
$194
10.8%
28
23
21.7%
$2,604,930
$650,000
300.8%
131
128
2.3%
99.7%
100.0%
-0.3%
HILLTOP January through March 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
2016
2015
% Change
$1,132,333
$1,040,486
8.8%
$405
$357
13.4%
82
89
-7.9%
$2,500,000
$2,595,000
-3.7%
21
23
-8.7%
95.0%
97.6%
-2.7%
MICROMARKET REPORT | DENVER METRO QUARTER 1 2016 | 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
27 Village Drive, Littleton
HOMESTEAD January through March 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
2016
2015
% Change
$441,946
$433,242
2.0%
$245
$232
5.6%
20
23
-13.0%
$664,500
$673,000
-1.3%
28
19
47.4%
98.8%
99.2%
-0.4%
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 Highest Price Properties Sold % Sold Price to List Price
KEN-CARYL NORTH RANCH January through March Single Family
Average Price Average Price per Square Foot Average Days on Market Highest Price Properties Sold % Sold Price to List Price
2016
2015
% Change
$892,700
-
-
$302
-
-
48
-
-
$1,285,000
-
-
5
No Sales
-
97.1%
-
-
approx: Red Fox Lane to North Ranch Road; Golden Eagle Lane to Blue Grouse Ridge Road
2016
2015
% Change
$826,667
$697,500
18.5%
$247
$195
26.7%
114
175
-34.9%
$950,000
$775,000
22.6%
3
2
50.0%
95.1%
92.7%
2.6%
MICROMARKET REPORT | DENVER METRO QUARTER 1 2016 | 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 MARKET | MARKETS BY AREA
The Taylor Estate, Lakewood
KEN-CARYL VALLEY January through March 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
2016
2015
% Change
$637,921
$569,630
12.0%
$251
$232
8.2%
48
26
84.6%
$1,045,590
$875,000
19.5%
19
10
90.0%
99.3%
96.4%
3.0%
LAKEWOOD January through March 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
2016
2015
% Change
$397,904
$354,180
12.3%
$234
$213
9.9%
41
32
28.1%
$1,077,607
$1,370,000
-21.3%
290
298
-2.7%
98.7%
100.0%
-1.3%
LOHI
W 38th to I-25; Speer Blvd to Zuni Street
Single Family and Condos
January through March Average Price Average Price per Square Foot Average Days on Market Highest Price Properties Sold % Sold Price to List Price
2016
2015
% Change
$564,605
$512,978
10.1%
$385
$356
8.1%
103
92
12.0%
$1,075,000
$1,037,700
3.6%
50
56
-10.7%
98.8%
99.4%
-0.6%
MICROMARKET REPORT | DENVER METRO QUARTER 1 2016 | 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
8325 Harbortown Place, Lone Tree
LONE TREE January through March 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
2016
2015
% Change
$646,364
$489,500
32.0%
$215
$209
2.9%
84
22
281.8%
$1,570,000
$720,000
118.1%
11
7
57.1%
97.7%
99.0%
-1.3%
LOWRY
Quebec to Unita; Alameda to 11th
January through March Single Family
Average Price Average Price per Square Foot Average Days on Market Highest Price Properties Sold % Sold Price to List Price
2016
2015
% Change
$730,269
$615,678
18.6%
$278
$256
8.6%
192
90
113.3%
$1,638,000
$1,000,000
63.8%
12
17
-29.4%
99.1%
96.9%
2.3%
N. Meadows Drive to Coachline Road; Breezy Lane to Dairylide Street
THE MEADOWS January through March Single Family
Average Price Average Price per Square Foot Average Days on Market Highest Price Properties Sold % Sold Price to List Price
2016
2015
% Change
$409,947
$383,744
6.8%
$188
$167
12.6%
38
29
31.0%
$659,000
$680,000
-3.1%
101
93
8.6%
99.2%
99.4%
-0.2%
MICROMARKET REPORT | DENVER METRO QUARTER 1 2016 | 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 MARKET | MARKETS BY AREA
2290 South Jackson Street, Denver
MONTCLAIR January through March 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
2016
2015
% Change
$508,260
$528,588
-3.8%
$357
$320
11.6%
45
81
-44.4%
$1,100,000
$1,144,450
-3.9%
34
24
41.7%
97.6%
96.7%
0.9%
OBSERVATORY PARK January through March 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
2016
2015
% Change
$1,036,910
$887,047
16.9%
$356
$309
15.2%
72
91
-20.9%
$2,245,000
$1,750,000
28.3%
16
15
6.7%
93.3%
93.2%
0.1%
PARK HILL January through March 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
2016
2015
% Change
$635,864
$552,059
15.2%
$372
$359
3.6%
35
33
6.1%
$1,325,000
$1,400,000
-5.4%
42
42
0.0%
99.0%
100.0%
-1.0%
MICROMARKET REPORT | DENVER METRO QUARTER 1 2016 | 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
1891 South Downing Street, Denver
PLATT PARK January through March Single Family
Average Price Average Price per Square Foot Average Days on Market Highest Price Properties Sold % Sold Price to List Price
POLO RESERVE
Single Family
January through March
Broadway to Downing; Louisiana to Evans
2016
2015
% Change
$475,732
$516,963
-8.0%
$423
$384
10.2%
30
14
114.3%
$895,000
$930,000
-3.8%
22
20
10.0%
97.5%
98.6%
-1.1%
North of Mineral; South of Arabian Place; West of the S. Platte River; East of S. Platte Canyon Road
2016
2015
% Change
Average Price
-
$1,230,153
-
Average Price per Square Foot
-
$316
-
Average Days on Market
-
144
-
Highest Price
-
$1,535,460
-
No Sales
3
-
-
93.1%
-
Properties Sold % Sold Price to List Price
PRADERA & TIMBERS January through March 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
2016
2015
% Change
$748,610
$664,584
12.6%
$208
$202
3.0%
112
129
-13.2%
$1,250,000
$900,000
38.9%
15
16
-6.3%
96.7%
92.5%
4.5%
MICROMARKET REPORT | DENVER METRO QUARTER 1 2016 | 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 MARKET | MARKETS BY AREA
2495 Raleigh Street, Denver
SADDLE ROCK January through March 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
2016
2015
% Change
$562,943
$544,481
3.4%
$182
$185
-1.6%
109
86
26.7%
$765,000
$975,000
-21.5%
20
25
-20.0%
96.0%
96.9%
-0.9%
SLOAN’S LAKE January through March 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
2016
2015
% Change
$546,595
$460,558
18.7%
$387
$370
4.6%
26
45
-42.2%
$1,050,000
$900,000
16.7%
32
25
28.0%
98.7%
98.5%
0.2%
SOUTHERN HILLS January through March 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
2016
2015
% Change
$596,091
$629,438
-5.3%
$342
$322
6.2%
45
76
-40.8%
$885,000
$775,000
14.2%
11
4
175.0%
95.5%
93.3%
2.4%
MICROMARKET REPORT | DENVER METRO QUARTER 1 2016 | 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
7406 South Catawba Way, Aurora
SOUTHGLENN January through March 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
2016
2015
% Change
$365,633
$349,982
4.5%
$201
$175
14.9%
20
37
-45.9%
$390,000
$415,000
-6.0%
3
14
-78.6%
97.2%
99.5%
-2.3%
STAPLETON January through March 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
2016
2015
% Change
$611,112
$537,628
13.7%
$263
$249
5.6%
28
35
-20.0%
$1,200,000
$845,000
42.0%
33
44
-25.0%
100.0%
98.7%
1.3%
North of E. Dry Creek; South of Smoky Hill; West of S. Powhaton; East of E-470
TALLYN’S REACH January through March Single Family
Average Price Average Price per Square Foot Average Days on Market Highest Price Properties Sold % Sold Price to List Price
2016
2015
% Change
$486,011
$475,219
2.3%
$195
$190
2.6%
71
77
-7.8%
$795,000
$1,200,000
-33.8%
23
19
21.1%
97.5%
97.4%
0.1%
MICROMARKET REPORT | DENVER METRO QUARTER 1 2016 | 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 MARKET | MARKETS BY AREA
363 South Corona Street, Denver
UPTOWN Single Family and Condos
January through March 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 March 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 March 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
2016
2015
% Change
$425,132
$382,839
11.0%
$317
$314
1.0%
165
44
275.0%
$915,000
$950,000
-3.7%
36
26
38.5%
100.0%
99.6%
0.4%
Louisiana to Ellsworth; Downing to University
2016
2015
% Change
$960,717
$889,963
8.0%
$472
$480
-1.7%
59
43
37.2%
$2,230,000
$1,668,905
33.6%
18
27
-33.3%
96.0%
98.1%
-2.1%
Louisiana to Ellsworth; Broadway to Downing
2016
2015
% Change
$526,447
$567,217
-7.2%
$390
$370
5.4%
27
34
-20.6%
$755,000
$1,453,764
-48.1%
30
37
-18.9%
98.2%
99.1%
-0.9%
MICROMARKET REPORT | DENVER METRO QUARTER 1 2016 | 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 Suite 100 Boulder, CO 80302 303.443.6161
EVERGREEN
DOWNTOWN DENVER
31955 Castle Court Unit #1 South Evergreen, CO 80439 303.674.3200
1512 Larimer Street #46R Denver, CO 80202 303.893.3200
8000 E. Belleview Avenue Suite 200 Greenwood Village, CO 80111 303.893.3200
VAIL
VAIL
292 E. Meadow Drive Suite 101 Vail, CO 81657 970.476.7944
101 S. Main Street Breckenridge, CO 80424 970.453.0550
255 Clayton Street Unit 100 North Denver, CO 80206 303.893.3200
100 Saint Paul Street Suite 200 Denver, CO 80206 303.893.3200
DENVER TECH CENTER
BRECKENRIDGE
CHERRY CREEK (Clayton)
CHERRY CREEK (St. Paul)
858 W. Happy Canyon Road Suite 100 Castle Rock, CO 80108 303.660.8800
BEAVER CREEK
28 Bridge Street Suite 100 Vail, CO 81657 970.476.7944
EDWARDS
26 Avondale Lane #119 Beaver Creek, CO 81620 970.845.0400
34253 Highway 6 #2A Edwards, CO 81632 34 970.748.5150
36
LIV Sotheby’s International Realty Locations
BOULDER COUNTY BOULDER
|
CASTLE PINES VILLAGE
DOWNTOWN DENVER
|
EVERGREEN
BRECKENRIDGE
|
|
|
CHERRY CREEK Boulder
GREENWOOD VILLAGE
25
VAIL VALLEY
DENVER 70
Downtown Denver Cherry Creek
VAIL VALLEY
Denver Tech Center
Evergreen
Edwards Beaver Creek
Vail
24
70
SUMMIT COUNTY 85
Breckenridge
285
25
Castle Pines
MICROMARKET REPORT | DENVER METRO QUARTER 1 2016 | 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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