LIV
MICRO MARKET REPORTS
DENVER METRO | January - September 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 18
45
36 37 43 38
42
44
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 JANUARY - SEPTEMBER 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 statistics (January through September), to that of 2015, for single family homes and attached dwellings.
The average price of single family homes and condos combined rose 10.1%, resulting in an average price of $396,633 in Denver metro. In the city of Denver, the average price of single family homes and condos rose 9.1%, resulting in an average price of $424,978. Inventory has decreased slightly, down 2% in Denver metro, and the number of sold listings in Denver metro and the City of Denver are down 2.1% and 0.4% respectively. Meanwhile, the total dollar volume sold in Denver metro has increased 7.8%. 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 14.3%, (now 32 days on average) in Denver metro, and the sales price to list price ratio held at 100.5%. This statistic is evidence of continued competitive, and steady conditions in the marketplace.
DENVER METRO
Quarter 3 (YTD) Highlights:
• Denver (City) average price is $424,978 – up 9.1% • Castle Pines Village’s average price is $1,065,350 – up 13.0% • Cherry Creek North’s average price is $1,165,744 – up 23.2% • Uptown’s average price is $407,700 – up 4.3%
39,762
homes sold for an average of
$396,633
or, $15,770,902,765 total dollar volume sold.
Adams, Arapahoe, Broomfield, Denver, Douglas, Jefferson Counties
January - September New Listings
2015
2016
% Change
51,815
50,763
-2.0%
Sold Listings (All Properties)
40,602
39,762
-2.1%
Sold Single Family
28,548
28,315
-0.8%
Sold Condo
12,054
11,447
-5.0%
28
32
14.3%
$360,358
$396,633
10.1%
100.7%
100.5%
-0.2%
$14,631,264,952
$15,770,902,765
7.8%
Average Days on Market Average Price % Sold Price to List Price Total Dollar Volume Sold
MICROMARKET REPORT | DENVER METRO JANUARY - SEPTEMBER 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
99 South Bellaire Street, Denver
DENVER (CITY) Single Family and Condos
January - September
2015
2016
% Change
$389,540
$424,978
9.1%
$227
$257
13.2%
32
38
18.8%
$4,550,000
$5,600,000
23.1%
Properties Sold
14,128
14,071
-0.4%
% Sold Price to List Price
10,804
10,845
0.4%
Average Price Average Price per Square Foot Average Days on Market Highest Price
BAKER
6th Avenue to Mississippi; South Platte River to Broadway
January - September 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
2015
2016
% Change
$375,749
$415,371
10.5%
$317
$354
11.6%
21
14
-33.3%
$795,000
$840,000
5.7%
72
90
25.0%
100.0%
100.7%
0.7%
I-25 to Quarry Road; Bell Mountain Parkway to Starburst Circle
BELL MOUNTAIN RANCH Single Family and Condos
January - September Average Price Average Price per Square Foot Average Days on Market Highest Price Properties Sold % Sold Price to List Price
2015
2016
% Change
$737,863
$762,369
3.3%
$283
$276
-2.6%
106
94
-11.3%
$1,050,000
$986,660
-6.0%
24
14
-41.7%
95.9%
93.8%
-2.1%
MICROMARKET REPORT | DENVER METRO JANUARY - SEPTEMBER 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
3040 East Exposition Avenue, Belcaro
BELMAR Single Family and Condos
January - September 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
2015
2016
% Change
$331,383
$413,315
24.7%
$227
$254
11.8%
54
158
192.6%
$647,500
$1,065,000
64.5%
33
47
42.4%
99.0%
98.1%
-0.9%
BERKELEY January - September 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
2015
2016
% Change
$447,650
$493,285
10.2%
$378
$398
5.3%
23
25
8.7%
$950,000
$1,086,930
14.4%
153
136
-11.1%
99.8%
99.2%
-0.7%
Mississippi to Cherry Creek Drive South; University to Colorado
BONNIE BRAE/BELCARO January - September Single Family
Average Price Average Price per Square Foot Average Days on Market Highest Price Properties Sold % Sold Price to List Price
2015
2016
% Change
$930,657
$973,156
4.6%
$417
$449
7.7%
45
40
-11.1%
$2,850,000
$2,200,000
-22.8%
48
60
25.0%
97.4%
96.7%
-0.7%
MICROMARKET REPORT | DENVER METRO JANUARY - SEPTEMBER 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
7545 Pineridge Trail, Castle Pines North
BOW MAR/BOW MAR SOUTH January - September 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
2015
2016
% Change
$1,111,521
$1,110,676
-0.1%
$345
$349
1.0%
112
111
-0.9%
$2,200,000
$2,075,000
-5.7%
14
17
21.4%
90.5%
93.2%
3.0%
CAPITOL HILL Single Family and Condos
January - September Average Price Average Price per Square Foot Average Days on Market Highest Price Properties Sold % Sold Price to List Price
CASTLE PINES NORTH January - September 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
2015
2016
% Change
$283,296
$314,912
11.2%
$283
$317
11.9%
24
20
-16.7%
$1,851,000
$1,600,000
-13.6%
300
243
-19.0%
101.8%
99.8%
-1.9%
Country Club Parkway to Coyote Ridge Park; Daniels Park to Yorkshire
2015
2016
% Change
$573,819
$598,690
4.3%
$202
$214
5.8%
42
56
33.3%
$2,300,000
$1,465,000
-36.3%
105
89
-15.2%
96.7%
96.4%
-0.3%
MICROMARKET REPORT | DENVER METRO JANUARY - SEPTEMBER 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
1 Elk Pointe Lane, Castle Pines Village US 85 & Copper Blush to Northwood; Daniels Park to Gate 5; Country Club to I-25
CASTLE PINES VILLAGE January - September Single Family
Average Price Average Price per Square Foot Average Days on Market Highest Price Properties Sold % Sold Price to List Price
2015
2016
% Change
$943,078
$1,065,350
13.0%
$283
$309
9.3%
134
141
5.2%
$3,075,000
$2,875,000
-6.5%
91
76
-16.5%
94.9%
96.9%
2.1%
CHEESMAN Single Family and Condos
January - September 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
2015
2016
% Change
$356,673
$470,207
31.8%
$292
$337
15.5%
24
27
12.5%
$2,000,000
$2,525,000
26.3%
128
149
16.4%
100.4%
98.2%
-2.2%
CHERRY CREEK NORTH Single Family and Condos
January - September 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
2015
2016
% Change
$992,025
$1,165,744
17.5%
$440
$505
14.8%
72
58
-19.4%
$3,522,019
$5,438,873
54.4%
100
131
31.0%
96.2%
96.7%
0.5%
MICROMARKET REPORT | DENVER METRO JANUARY - SEPTEMBER 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 - September Average Price Average Price per Square Foot Average Days on Market Highest Price Properties Sold % Sold Price to List Price
CHERRY HILLS VILLAGE January - September 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 - September 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
2015
2016
% Change
$553,423
$619,967
12.0%
$331
$344
4.0%
58
83
43.1%
$2,350,000
$2,250,000
-4.3%
118
81
-31.4%
97.0%
97.0%
0.0%
Hampden to Belleview; Clarkson to Happy Canyon Road and Charlou
2015
2016
% Change
$1,594,944
$1,589,508
-0.3%
$400
$378
-5.4%
57
83
45.6%
$4,650,000
$3,445,000
-25.9%
67
48
-28.4%
94.6%
93.0%
-1.7%
Hampden to Belleview; Clarkson to Happy Canyon Road and Charlou
2015
2016
% Change
$2,598,165
$2,509,285
-3.4%
$485
$462
-4.8%
187
147
-21.4%
$11,000,000
$6,530,000
-40.6%
28
42
50.0%
90.1%
86.6%
-3.9%
MICROMARKET REPORT | DENVER METRO JANUARY - SEPTEMBER 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
656 Madison Street, City Park
CITY PARK January - September 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
2015
2016
% Change
$488,866
$487,075
-0.4%
$287
$340
18.5%
39
25
-35.9%
$2,000,000
$915,000
-54.3%
82
73
-11.0%
99.5%
98.3%
-1.2%
CITY PARK SOUTH January - September 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
2015
2016
% Change
$513,243
$632,594
23.3%
$402
$420
4.4%
5
24
380.0%
$800,000
$930,000
16.3%
14
16
14.3%
101.8%
100.1%
-1.7%
*Data based on one sale in 2016
COLUMBINE VALLEY January - September 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
2015
2016
% Change
$956,663
$1,815,000
89.7%
$289
$305
5.7%
133
77
-42.1%
$1,585,000
$1,815,000
14.5%
24
25
4.2%
92.0%
96.4%
4.9%
MICROMARKET REPORT | DENVER METRO JANUARY - SEPTEMBER 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, Country Club
CONGRESS PARK January - September 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
2015
2016
% Change
$503,238
$504,946
0.3%
$356
$381
7.0%
22
25
13.6%
$1,525,000
$1,300,000
-14.8%
180
192
6.7%
100.2%
99.5%
-0.7%
S University Blvd to S Colorado Blvd; I-25 to E Mississippi Ave
CORY-MERRILL January - September 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 - September Single Family
Average Price Average Price per Square Foot Average Days on Market Highest Price Properties Sold % Sold Price to List Price
2015
2016
% Change
$673,825
$788,428
17.0%
$379
$409
7.8%
41
45
9.8%
$1,633,000
$1,574,900
-3.6%
98
100
2.0%
95.8%
96.1%
0.3%
University to Downing 1st-4th; Race to University 4th-6th
2015
2016
% Change
$1,851,213
$1,954,328
5.6%
$477
$556
16.5%
35
78
122.9%
$2,850,000
$3,458,000
21.3%
8
18
125.0%
90.3%
91.5%
1.4%
MICROMARKET REPORT | DENVER METRO JANUARY - SEPTEMBER 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
60 Jersey Street, Crestmoor
CRESTMOOR January - September 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
2015
2016
% Change
$1,126,478
$973,336
-13.6%
$381
$403
5.7%
54
61
13.0%
$2,020,000
$2,010,000
-0.5%
17
14
-17.6%
98.0%
94.7%
-3.4%
DOWNTOWN January - September 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 - September Average Price Average Price per Square Foot Average Days on Market Highest Price Properties Sold % Sold Price to List Price
Downtown Denver MLS Area
2015
2016
% Change
$509,221
$485,648
-4.6%
$407
$416
2.1%
41
53
29.3%
$4,550,000
$3,250,000
-28.6%
411
382
-7.1%
97.8%
97.3%
-0.5%
North Speer Boulevard to Broadway; Colfax to 7th
2015
2016
% Change
$485,992
$549,716
13.1%
$310
$346
11.6%
45
94
108.9%
$1,265,000
$1,450,000
14.6%
37
53
43.2%
97.7%
97.9%
0.2%
MICROMARKET REPORT | DENVER METRO JANUARY - SEPTEMBER 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
12 Red Fox Lane, Greenwood Village
GREENWOOD VILLAGE EAST January - September 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
2015
2016
% Change
$1,050,556
$1,067,130
1.6%
$312
$328
5.1%
113
52
-54.0%
$2,135,000
$2,000,000
-6.3%
46
38
-17.4%
95.7%
95.9%
0.1%
GREENWOOD VILLAGE WEST January - September 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
2015
2016
% Change
$1,373,961
$1,602,499
16.6%
$344
$387
12.5%
69
89
29.0%
$2,505,000
$3,100,000
23.8%
38
40
5.3%
93.7%
93.4%
-0.3%
GREENWOOD VILLAGE WEST January - September 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
2015
2016
% Change
$1,727,033
$2,025,462
17.3%
$420
$469
11.8%
90
127
41.1%
$4,200,000
$4,700,000
11.9%
15
13
-13.3%
92.8%
92.8%
0.0%
MICROMARKET REPORT | DENVER METRO JANUARY - SEPTEMBER 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
7741 South Eduora Court, Heritage Greens
HALE MAYFAIR January - September 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 - September 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 - September 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
2015
2016
% Change
$522,942
$580,953
11.1%
$380
$418
10.0%
29
26
-10.3%
$1,176,870
$1,970,000
67.4%
98
80
-18.4%
97.9%
98.6%
0.7%
Dry Creek to County Line; Colorado Boulevard to Holly
2015
2016
% Change
$830,756
$749,945
-9.7%
$246
$259
5.4%
33
28
-15.2%
$1,775,000
$995,000
-43.9%
28
24
-14.3%
96.9%
98.4%
1.5%
W 38th Ave to Speer Blvd and W 29th Ave; Union Pacific RR lines and S Platte River to Federal Blvd
2015
2016
% Change
$531,833
$560,669
5.4%
$363
$386
6.4%
81
136
67.9%
$1,490,000
$1,657,000
11.2%
269
250
-7.1%
97.7%
97.8%
0.1%
MICROMARKET REPORT | DENVER METRO JANUARY - SEPTEMBER 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
10829 Wintersong Way, Highlands Ranch
(WEST) HIGHLANDS Single Family and Condos
January - September Average Price Average Price per Square Foot Average Days on Market Highest Price Properties Sold % Sold Price to List Price
HIGHLANDS RANCH January - September 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
2015
2016
% Change
$499,423
$539,891
8.1%
$369
$402
9.0%
31
28
-9.7%
$1,130,000
$1,600,000
41.6%
199
183
-8.0%
98.9%
98.3%
-0.6%
Daniels Park to County Line; Santa Fe to Quebec
2015
2016
% Change
$418,332
$465,354
11.2%
$205
$220
7.4%
17
19
11.8%
$2,187,510
$2,604,938
19.1%
563
524
-6.9%
99.4%
99.2%
-0.2%
HILLTOP January - September 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
2015
2016
% Change
$1,136,143
$1,182,457
4.1%
$379
$405
6.8%
54
76
40.7%
$2,855,000
$3,400,000
19.1%
82
76
-7.3%
95.3%
95.4%
0.1%
MICROMARKET REPORT | DENVER METRO JANUARY - SEPTEMBER 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
5463 East Hinsdale Circle, Homestead
HOMESTEAD January - September 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
2015
2016
% Change
$434,848
$462,990
6.5%
$243
$255
4.9%
15
21
40.0%
$1,200,000
$1,300,000
8.3%
99
105
6.1%
98.6%
98.7%
0.2%
South Butte Circle to Castle Butte Drive; South Peak View Drive to West Tomah Road
KEENE RANCH January - September 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 - September Single Family
Average Price Average Price per Square Foot Average Days on Market Highest Price Properties Sold % Sold Price to List Price
2015
2016
% Change
$934,250
$902,504
-3.4%
$251
$267
6.4%
180
69
-61.7%
$1,235,000
$1,285,000
4.0%
4
15
275.0%
94.9%
95.9%
1.1%
approx: Red Fox Lane to North Ranch Road; Golden Eagle Lane to Blue Grouse Ridge Road
2015
2016
% Change
$864,719
$980,194
13.4%
$243
$265
9.1%
83
59
-28.9%
$1,075,000
$1,335,000
24.2%
17
18
5.9%
95.0%
94.1%
-0.9%
MICROMARKET REPORT | DENVER METRO JANUARY - SEPTEMBER 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
6140 Vassar Way, Lakewood
KEN-CARYL VALLEY January - September 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
2015
2016
% Change
$613,130
$677,507
10.5%
$228
$248
8.9%
35
25
-28.6%
$1,145,000
$1,125,000
-1.7%
60
25
-58.3%
97.3%
98.2%
1.0%
LAKEWOOD January - September 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
2015
2016
% Change
$370,419
$409,932
10.7%
$229
$247
8.0%
21
26
23.8%
$1,625,000
$1,755,000
8.0%
1,172
1,198
2.2%
100.0%
99.4%
-0.5%
LOHI
W 38th to I-25; Speer Blvd to Zuni Street
Single Family and Condos
January - September Average Price Average Price per Square Foot Average Days on Market Highest Price Properties Sold % Sold Price to List Price
2015
2016
% Change
$550,555
$588,641
6.9%
$363
$387
6.5%
96
125
30.2%
$1,490,000
$1,100,000
-26.2%
203
179
-11.8%
97.4%
97.3%
-0.1%
MICROMARKET REPORT | DENVER METRO JANUARY - SEPTEMBER 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
1398 Candleglow Street, The Meadows
LONE TREE January - September 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
2015
2016
% Change
$718,842
$640,034
-11.0%
$229
$216
-5.8%
48
61
27.1%
$1,950,000
$1,655,000
-15.1%
43
41
-4.7%
96.2%
97.0%
0.9%
LOWRY
Quebec to Unita; Alameda to 11th
January - September Single Family
Average Price Average Price per Square Foot Average Days on Market Highest Price Properties Sold % Sold Price to List Price
2015
2016
% Change
$712,858
$684,821
-3.9%
$262
$295
12.7%
57
79
38.6%
$1,710,000
$1,638,000
-4.2%
53
64
20.8%
96.7%
98.5%
1.9%
N. Meadows Drive to Coachline Road; Breezy Lane to Dairylide Street
THE MEADOWS January - September Single Family
Average Price Average Price per Square Foot Average Days on Market Highest Price Properties Sold % Sold Price to List Price
2015
2016
% Change
$397,761
$421,693
6.0%
$173
$191
10.4%
27
35
29.6%
$700,000
$720,000
2.9%
379
393
3.7%
99.1%
98.4%
-0.7%
MICROMARKET REPORT | DENVER METRO JANUARY - SEPTEMBER 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, Montclair
MONTCLAIR January - September 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
2015
2016
% Change
$482,432
$554,086
14.9%
$338
$355
5.1%
40
32
-20.0%
$1,144,450
$1,405,000
22.8%
92
106
15.2%
97.8%
97.4%
-0.4%
OBSERVATORY PARK January - September 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
2015
2016
% Change
$941,663
$985,693
4.7%
$338
$388
14.8%
58
46
-20.7%
$2,000,000
$2,245,000
12.3%
68
52
-23.5%
94.5%
94.7%
0.3%
PARK HILL January - September 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
2015
2016
% Change
$578,399
$660,262
14.2%
$363
$397
9.4%
20
27
35.0%
$1,755,000
$2,525,000
43.9%
190
186
-2.1%
99.5%
98.8%
-0.7%
MICROMARKET REPORT | DENVER METRO JANUARY - SEPTEMBER 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
5458 Fox Sparrow Road, Pradera & Timbers
PLATT PARK January - September 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 - September 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
2015
2016
% Change
$508,809
$498,893
-1.9%
$414
$456
10.3%
12
17
41.7%
$940,000
$1,152,000
22.6%
80
81
1.3%
99.7%
99.3%
-0.4%
North of Mineral; South of Arabian Place; West of the S. Platte River; East of S. Platte Canyon Road
2015
2016
% Change
$992,773
$1,392,285
40.2%
$272
$279
2.6%
64
32
-50.0%
$1,535,460
$1,944,000
26.6%
9
2
-77.8%
96.2%
88.8%
-7.7%
PRADERA & TIMBERS January - September 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
2015
2016
% Change
$735,457
$754,608
2.6%
$220
$227
3.3%
74
94
27.0%
$1,866,574
$1,720,000
-7.9%
77
88
14.3%
95.6%
96.8%
1.3%
MICROMARKET REPORT | DENVER METRO JANUARY - SEPTEMBER 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
2488 Meade Street, Sloan’s Lake
SADDLE ROCK January - September 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
2015
2016
% Change
$549,927
$584,223
6.2%
$183
$190
3.7%
75
56
-25.3%
$975,000
$1,135,000
16.4%
96
70
-27.1%
96.9%
97.0%
0.1%
SLOAN’S LAKE January - September 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
2015
2016
% Change
$520,104
$568,342
9.3%
$364
$403
10.8%
41
24
-41.5%
$2,300,000
$1,300,000
-43.5%
126
126
0.0%
97.4%
96.7%
-0.7%
SOUTHERN HILLS January - September 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
2015
2016
% Change
$646,269
$619,663
-4.1%
$346
$343
-0.8%
23
28
21.7%
$1,300,000
$1,279,000
-1.6%
34
50
47.1%
97.6%
96.7%
-0.9%
MICROMARKET REPORT | DENVER METRO JANUARY - SEPTEMBER 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, Tallyn’s Reach
SOUTHGLENN January - September 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
2015
2016
% Change
$370,629
$403,402
8.8%
$204
$236
15.7%
17
14
-17.6%
$437,500
$505,000
15.4%
51
40
-21.6%
98.8%
99.2%
0.4%
STAPLETON January - September 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
2015
2016
% Change
$551,261
$604,885
9.7%
$256
$277
8.1%
26
21
-19.2%
$1,194,000
$1,200,000
0.5%
203
163
-19.7%
99.3%
99.3%
0.0%
North of E. Dry Creek; South of Smoky Hill; West of S. Powhaton; East of E-470
TALLYN’S REACH January - September Single Family
Average Price Average Price per Square Foot Average Days on Market Highest Price Properties Sold % Sold Price to List Price
2015
2016
% Change
$484,746
$521,493
7.6%
$188
$199
5.8%
50
41
-18.0%
$1,200,000
$1,300,000
8.3%
108
102
-5.6%
97.8%
97.7%
-0.1%
MICROMARKET REPORT | DENVER METRO JANUARY - SEPTEMBER 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, Washington Park West
UPTOWN Single Family and Condos
January - September Average Price Average Price per Square Foot Average Days on Market Highest Price Properties Sold % Sold Price to List Price
WASHINGTON PARK EAST January - September 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 - September 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
2015
2016
% Change
$390,752
$407,700
4.3%
$315
$343
8.8%
26
77
196.2%
$2,000,000
$975,000
-51.3%
123
157
27.6%
99.9%
99.4%
-0.5%
Louisiana to Ellsworth; Downing to University
2015
2016
% Change
$1,028,023
$1,042,006
1.4%
$505
$514
1.7%
35
42
20.0%
$4,100,000
$5,600,000
36.6%
94
112
19.1%
97.4%
97.4%
0.0%
Louisiana to Ellsworth; Broadway to Downing
2015
2016
% Change
$574,948
$575,900
0.2%
$384
$412
7.2%
27
24
-11.1%
$1,950,000
$1,159,000
-40.6%
141
126
-10.6%
99.8%
98.6%
-1.1%
MICROMARKET REPORT | DENVER METRO JANUARY - SEPTEMBER 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.
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