LIV
MICRO MARKET REPORTS
FOOTHILLS | January - September 2016
C O LO R A D O M I C R O R E P O RTS .C O M
FOOTHILLS NEIGHBORHOODS
18
19 14
1 7
6
20
8
9 13
2
15 3
10 5
16 17
4 11 12
1. Soda Creek
8. Hiwan Country Club
15. Bear Mountain
2. Upper Bear Creek
9. Tanoa
16. Evergreen Highlands
3. Hangen Ranch
10. Evergreen Valley Estates
17. Evergreen Meadows
4. Shadow Mountain
11. Evergreen Meadows West
18. Lookout Mountain
5. Brook Forest
12. Conifer Mountain
19. Mt. Vernon Country Club
6. Genesee
13. Hiwan Hills
20. Riva Chase
7. Ridge at Hiwan
14. Spring Ranch
MICROMARKET REPORT | FOOTHILLS 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.
FOOTHILLS AREA The Foothills Area 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 Foothills of Denver metro and its surrounding areas are located in western Jefferson County and include higher terrain areas between 6,000 and 9,000 feet west of Denver that parallel the Front Range Mountains. The foothills are consistently rated as some of the best places to live, work, and raise a family in Colorado. The foothills stretch from Roxborough State Park, north, to the west side of Fort Collins. Cities and towns in the foothills region included in this report include Golden, Evergreen and Conifer. Highlights from the Foothills area include Hangen Ranch’s average price rising to $702,500, up 18.7% since 2015. Soda Creeks’s average price also rose 14.6% to $1,268,921 over 2015, and Evergreen Meadows’s average price rose, 8.2%, to $590,467, over 2015. Hiwan Hill’s average price rose slightly. Up 3.9% to $53146 over 2015. A continued strong demand in the Foothills is projected as the result of the many positive economic variables that living in the Colorado Foothills affords.
Quarter 3 (YTD) Highlights: • Hangen Ranch’s average price is $702,500 18.7%
• Hiwan Hills’s average price is $531,495 3.9%
• Evergreen Meadows’s average price is $590,467 8.2%
• Soda Creeks’s average price is $1,268,921 14.6%
MICROMARKET REPORT | FOOTHILLS 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.
FOOTHILLS MARKET | MARKETS BY AREA
BEAR MOUNTAIN January through September Average Price Average Price per Square Foot Average Days on Market Highest Price Properties Sold % Sold Price to List Price
2015
2016
% Change
$656,964
$759,360
15.6%
$224
$226
1.1%
112
43
-61.6%
$1,349,250
$1,057,000
-21.7%
7
5
-28.6%
86.7%
96.2%
11.0%
2015
2016
% Change
$347,515
$356,235
2.5%
$237
$276
16.6%
23
17
-26.1%
$557,000
$485,000
-12.9%
27
17
-37.0%
98.0%
99.4%
1.5%
2015
2016
% Change
$484,750
$510,181
5.2%
$226
$239
5.6%
65
34
-47.7%
$1,100,000
$862,500
-21.6%
19
21
10.5%
96.3%
98.8%
2.5%
BROOK FOREST January through September Average Price Average Price per Square Foot Average Days on Market Highest Price Properties Sold % Sold Price to List Price
CONIFER MOUNTAIN January through September Average Price Average Price per Square Foot Average Days on Market Highest Price Properties Sold % Sold Price to List Price
MICROMARKET REPORT | FOOTHILLS 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.
FOOTHILLS MARKET | MARKETS BY AREA
EVERGREEN HIGHLANDS January through September Average Price Average Price per Square Foot Average Days on Market Highest Price Properties Sold % Sold Price to List Price
2015
2016
% Change
$555,417
$575,971
3.7%
$199
$238
19.5%
52
47
-9.6%
$735,500
$715,000
-2.8%
6
7
16.7%
96.1%
95.0%
-1.2%
2015
2016
% Change
$545,648
$590,467
8.2%
$223
$216
-3.1%
43
37
-14.0%
$874,000
$890,000
1.8%
23
15
-34.8%
97.4%
96.1%
-1.4%
2015
2016
% Change
$458,927
$524,767
14.3%
$211
$199
-5.7%
43
90
109.3%
$632,000
$1,231,400
94.8%
11
12
9.1%
99.2%
98.2%
-1.0%
EVERGREEN MEADOWS January through September Average Price Average Price per Square Foot Average Days on Market Highest Price Properties Sold % Sold Price to List Price
EVERGREEN MEADOWS WEST January through September Average Price Average Price per Square Foot Average Days on Market Highest Price Properties Sold % Sold Price to List Price
MICROMARKET REPORT | FOOTHILLS 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.
FOOTHILLS MARKET | MARKETS BY AREA
EVERGREEN PARK ESTATES January through September Average Price Average Price per Square Foot Average Days on Market Highest Price Properties Sold % Sold Price to List Price
2015
2016
% Change
$395,167
$542,517
37.3%
$266
$221
-16.9%
16
27
68.8%
$469,000
$739,000
57.6%
6
6
0.0%
101.0%
98.9%
-2.1%
2015
2016
% Change
$763,388
$727,372
-4.7%
$285
$288
1.0%
72
59
-18.1%
$1,895,900
$1,445,000
-23.8%
42
46
9.5%
95.4%
97.0%
1.6%
2015
2016
% Change
$591,813
$702,500
18.7%
$227
$258
13.7%
83
73
-12.0%
$792,250
$880,000
11.1%
4
4
0.0%
100.7%
96.9%
-3.7%
GENESEE January through September Average Price Average Price per Square Foot Average Days on Market Highest Price Properties Sold % Sold Price to List Price
HANGEN RANCH January through September Average Price Average Price per Square Foot Average Days on Market Highest Price Properties Sold % Sold Price to List Price
MICROMARKET REPORT | FOOTHILLS 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.
FOOTHILLS MARKET | MARKETS BY AREA
HIWAN COUNTRY CLUB January through September Average Price Average Price per Square Foot Average Days on Market Highest Price Properties Sold % Sold Price to List Price
2015
2016
% Change
$719,491
$719,512
0.0%
$246
$291
18.4%
75
42
-44.0%
$1,187,500
$1,275,000
7.4%
15
21
40.0%
95.7%
97.4%
1.7%
2015
2016
% Change
$511,556
$531,495
3.9%
$258
$273
6.0%
37
12
-67.6%
$840,000
$872,000
3.8%
18
19
5.6%
99.5%
99.3%
-0.2%
2015
2016
% Change
$661,939
$654,380
-1.1%
$291
$292
0.3%
87
47
-46.0%
$1,200,000
$899,500
-25.0%
18
15
-16.7%
96.2%
97.0%
0.8%
HIWAN HILLS January through September Average Price Average Price per Square Foot Average Days on Market Highest Price Properties Sold % Sold Price to List Price
LOOKOUT MOUNTAIN January through September Average Price Average Price per Square Foot Average Days on Market Highest Price Properties Sold % Sold Price to List Price
MICROMARKET REPORT | FOOTHILLS 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.
FOOTHILLS MARKET | MARKETS BY AREA
MT. VERNON COUNTRY CLUB January through September
2015
2016
% Change
Average Price
-
$599,500
-
Average Price per Square Foot
-
$261
-
Average Days on Market
-
47
-
Highest Price
-
$681,000
-
No Sales
3
-
-
90.2%
-
2015
2016
% Change
$991,818
$933,905
-5.8%
$256
$296
15.5%
128
77
-39.8%
$3,350,000
$1,800,000
-46.3%
22
21
-4.5%
95.7%
97.4%
1.8%
2015
2016
% Change
$857,242
$856,500
-0.1%
$253
$252
-0.5%
61
114
86.9%
$1,525,000
$1,100,000
-27.9%
6
10
66.7%
97.0%
95.9%
-1.1%
Properties Sold % Sold Price to List Price
RIDGE AT HIWAN January through September Average Price Average Price per Square Foot Average Days on Market Highest Price Properties Sold % Sold Price to List Price
RIVA CHASE January through September Average Price Average Price per Square Foot Average Days on Market Highest Price Properties Sold % Sold Price to List Price
MICROMARKET REPORT | FOOTHILLS 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.
FOOTHILLS MARKET | MARKETS BY AREA
SHADOW MOUNTAIN January through September Average Price Average Price per Square Foot Average Days on Market Highest Price Properties Sold % Sold Price to List Price
2015
2016
% Change
$418,971
$390,158
-6.9%
$246
$215
-12.6%
7
13
85.7%
$640,000
$692,500
8.2%
8
13
62.5%
100.7%
92.3%
-8.4%
2015
2016
% Change
$1,107,069
$1,268,921
14.6%
$297
$303
2.2%
143
104
-27.3%
$2,645,000
$2,913,550
10.2%
16
12
-25.0%
92.7%
90.1%
-2.7%
2015
2016
% Change
$1,237,500
$1,107,000
-10.5%
$379
$316
-16.6%
43
72
67.4%
$1,350,000
$1,290,000
-4.4%
2
4
100.0%
95.3%
93.0%
-2.4%
SODA CREEK January through September Average Price Average Price per Square Foot Average Days on Market Highest Price Properties Sold % Sold Price to List Price
SPRING RANCH January through September Average Price Average Price per Square Foot Average Days on Market Highest Price Properties Sold % Sold Price to List Price
MICROMARKET REPORT | FOOTHILLS 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.
FOOTHILLS MARKET | MARKETS BY AREA
TANOA January through September Average Price Average Price per Square Foot Average Days on Market Highest Price Properties Sold % Sold Price to List Price
2015
2016
% Change
$684,000
$735,667
7.6%
$251
$241
-4.0%
55
51
-7.3%
$880,000
$1,135,000
29.0%
3
3
0.0%
97.3%
97.2%
-0.1%
2015
2016
% Change
$1,007,500
$714,800
-29.1%
$328
$280
-14.5%
127
88
-30.7%
$1,880,000
$930,000
-50.5%
4
5
25.0%
94.0%
94.0%
0.1%
UPPER BEAR CREEK January through September Average Price Average Price per Square Foot Average Days on Market Highest Price Properties Sold % Sold Price to List Price
MICROMARKET REPORT | FOOTHILLS 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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