LIV
MICRO MARKET REPORTS
DENVER METRO | Mid-Year 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 MID-YEAR 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 mid-year statistics (January through June), to that of 2015, for single family homes and attached dwellings.
The average price of single family homes and condos combined rose 9.6%, resulting in an average price of $394,848 in Denver metro. In the city of Denver, the average price of single family homes and condos rose 8.2%, resulting in an average price of $421,416. Inventory has decreased slightly, and the number of new listings coming on the market is down 1.6% in Denver metro and 0.6% in the City of Denver. Meanwhile, the total dollar volume sold in Denver metro has increased 7.4%. 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 4.2%, (now 25 days on average), and the sales price to list price ratio held at 99.0%. This statistic is evidence of continued competitive, and steady conditions in the marketplace.
DENVER METRO January through June New Listings
MID-YEAR Highlights:
• Denver (City) average price is $421,416 – up 8.2% • Castle Pines Village’s average price is $1,119,915 – up 19.0% • Cherry Creek North’s average price is $1,182,191 – up 23.2% • Uptown’s average price is $407,490 – up 13.7%
24,421
homes sold for an average of
$394,848
or, $9,642,573,380 total dollar volume sold.
Adams, Arapahoe, Broomfield, Denver, Douglas, Jefferson Counties
2015
2016
% Change
33,147
32,604
-1.6%
24,904
24,421
-1.9%
Sold Single Family
17,615
17,420
-1.1%
Sold Condo
7,289
7,001
-4.0%
24
25
4.2%
$360,374
$394,848
9.6%
99.0%
99.0%
0.0%
$8,974,760,542
$9,642,573,380
7.4%
Sold Listings (All Properties)
Average Days on Market Average Price % Sold Price to List Price Total Dollar Volume Sold
MICROMARKET REPORT | DENVER METRO MID-YEAR 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 through June
2015
2016
% Change
$389,575
$421,426
8.2%
$226
$261
15.5%
35
25
-28.6%
$4,550,000
$5,438,873
19.5%
Properties Sold
6,696
6,821
1.9%
% Sold Price to List Price
97.0%
99.5%
2.5%
Average Price Average Price per Square Foot Average Days on Market Highest Price
BAKER
6th Avenue to Mississippi; South Platte River to Broadway
January through June 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
$385,751
$402,451
4.3%
$312
$346
10.8%
25
15
-40.0%
$795,000
$690,000
-13.2%
53
56
5.7%
100.3%
100.7%
0.4%
I-25 to Quarry Road; Bell Mountain Parkway to Starburst Circle
BELL MOUNTAIN RANCH Single Family and Condos
January through June Average Price Average Price per Square Foot Average Days on Market Highest Price Properties Sold % Sold Price to List Price
2015
2016
% Change
$741,464
$739,438
-0.3%
$291
$285
-2.0%
114
87
-23.7%
$1,050,000
$897,500
-14.5%
14
8
-42.9%
96.2%
96.3%
0.1%
MICROMARKET REPORT | DENVER METRO MID-YEAR 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, Denver
BELMAR Single Family and Condos
January through June 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
$361,349
$400,739
10.9%
$224
$248
10.9%
70
133
90.0%
$647,500
$937,500
44.8%
23
34
47.8%
98.9%
98.0%
-0.9%
BERKELEY January through June 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
$442,689
$485,930
9.7%
$370
$384
3.7%
24
35
45.8%
$885,000
$975,000
10.2%
103
83
-19.4%
100.3%
98.9%
-1.4%
Mississippi to Cherry Creek Drive South; University to Colorado
BONNIE BRAE/BELCARO January through June 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
$982,753
$991,293
0.9%
$406
$449
10.7%
41
48
17.1%
$2,850,000
$2,200,000
-22.8%
32
38
18.8%
98.7%
95.9%
-2.8%
MICROMARKET REPORT | DENVER METRO MID-YEAR 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
1165 Pennsylvania Avenue Unit 2C, Denver
BOW MAR/BOW MAR SOUTH January through June 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
$1,214,425
$1,146,500
-5.6%
$364
$326
-10.6%
128
112
-12.5%
$2,200,000
$1,750,000
-20.5%
8
10
25.0%
90.7%
91.9%
1.2%
CAPITOL HILL Single Family and Condos
January through June 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 June 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
$281,637
$318,689
13.2%
$273
$310
13.6%
28
20
-28.6%
$1,851,000
$1,600,000
-13.6%
179
160
-10.6%
102.0%
100.0%
-2.0%
Country Club Parkway to Coyote Ridge Park; Daniels Park to Yorkshire
2015
2016
% Change
$566,866
$608,492
7.3%
$196
$212
8.0%
50
69
38.0%
$1,315,000
$1,465,000
11.4%
62
53
-14.5%
97.0%
95.9%
-1.1%
MICROMARKET REPORT | DENVER METRO MID-YEAR 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 June 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
$940,867
$1,119,915
19.0%
$284
$311
9.4%
150
148
-1.3%
$2,732,511
$2,875,000
5.2%
57
45
-21.1%
94.5%
93.2%
-1.3%
CHEESMAN Single Family and Condos
January through June 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
$368,508
$487,193
32.2%
$290
$336
15.9%
28
29
3.6%
$2,000,000
$2,525,000
26.3%
70
86
22.9%
100.9%
98.3%
-2.6%
CHERRY CREEK NORTH Single Family and Condos
January through June 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
$959,622
$1,182,191
23.2%
$420
$505
20.2%
73
65
-11.0%
$3,522,019
$5,438,873
54.4%
74
90
21.6%
95.9%
96.4%
0.5%
MICROMARKET REPORT | DENVER METRO MID-YEAR 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 June 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 June 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 June 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
$554,043
$577,061
4.2%
$327
$331
1.4%
63
57
-9.5%
$2,350,000
$1,500,000
-36.2%
78
50
-36.0%
97.4%
97.3%
-0.1%
Hampden to Belleview; Clarkson to Happy Canyon Road and Charlou
2015
2016
% Change
$1,627,872
$1,555,213
-4.5%
$390
$363
-6.9%
59
72
22.0%
$4,650,000
$3,040,000
-34.6%
44
30
-31.8%
93.8%
92.8%
-1.1%
Hampden to Belleview; Clarkson to Happy Canyon Road and Charlou
2015
2016
% Change
$1,895,794
$2,668,620
40.8%
$408
$469
15.0%
221
159
-28.1%
$4,115,000
$6,530,000
58.7%
17
26
52.9%
91.1%
88.9%
-2.2%
MICROMARKET REPORT | DENVER METRO MID-YEAR 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, Denver
CITY PARK January through June 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
$465,147
$494,826
6.4%
$287
$327
13.9%
41
27
-34.2%
$1,075,000
$915,000
-14.9%
51
43
-15.7%
99.4%
98.9%
-0.5%
CITY PARK SOUTH January through June 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
$448,600
$633,300
41.2%
$415
$405
-2.5%
3
49
1533.3%
$515,000
$930,000
80.6%
9
5
-44.4%
102.7%
100.9%
-1.8%
*Data based on one sale in 2016
COLUMBINE VALLEY January through June 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
$967,420
$1,019,053
5.3%
$273
$293
7.2%
100
91
-9.0%
$1,585,000
$1,815,000
14.5%
13
17
30.8%
93.0%
95.8%
2.8%
MICROMARKET REPORT | DENVER METRO MID-YEAR 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 June 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
$495,056
$488,278
-1.4%
$347
$374
7.7%
28
29
3.6%
$1,252,000
$1,215,000
-3.0%
112
112
0.0%
101.0%
100.4%
-0.6%
S University Blvd to S Colorado Blvd; I-25 to E Mississippi Ave
CORY-MERRILL January through June 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 June 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
$621,696
$801,790
29.0%
$367
$413
12.5%
45
45
0.0%
$1,386,300
$1,574,000
13.5%
57
70
22.8%
96.1%
96.3%
0.2%
University to Downing 1st-4th; Race to University 4th-6th
2015
2016
% Change
$1,851,213
$1,782,265
-3.7%
$477
$528
10.7%
35
104
197.1%
$2,850,000
$2,600,000
-8.8%
8
11
37.5%
90.3%
89.1%
-1.2%
MICROMARKET REPORT | DENVER METRO MID-YEAR 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, Denver
CRESTMOOR January through June 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
$835,016
$994,308
19.1%
$368
$392
6.6%
20
65
225.0%
$1,345,678
$2,010,000
49.4%
8
12
50.0%
100.2%
94.2%
-6.0%
DOWNTOWN January through June 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 June 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
$517,489
$481,389
-7.0%
$406
$420
3.4%
46
45
-2.2%
$4,550,000
$1,735,000
-61.9%
253
245
-3.2%
97.9%
97.7%
-0.2%
North Speer Boulevard to Broadway; Colfax to 7th
2015
2016
% Change
$463,586
$569,854
22.9%
$297
$334
12.6%
60
104
73.3%
$720,000
$1,245,000
72.9%
22
38
72.7%
98.1%
97.9%
-0.2%
MICROMARKET REPORT | DENVER METRO MID-YEAR 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 through June 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
$1,031,928
$1,028,684
-0.3%
$304
$314
3.2%
128
39
35.2%
$2,135,000
$2,000,000
-6.3%
28
19
-32.1%
94.4%
95.6%
1.2%
GREENWOOD VILLAGE WEST January through June 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
$1,398,978
$1,585,696
13.3%
$350
$387
10.7%
65
70
7.7%
$2,395,000
$3,100,000
29.4%
23
27
17.4%
95.5%
93.4%
-2.1%
GREENWOOD VILLAGE WEST January through June 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
$1,966,429
$1,918,600
-2.4%
$372
$448
20.3%
52
145
178.8%
$4,200,000
$4,700,000
11.9%
7
10
42.9%
91.0%
93.7%
2.7%
MICROMARKET REPORT | DENVER METRO MID-YEAR 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, Centennial
HALE MAYFAIR January through June 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 June 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 June 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
$527,026
$559,165
6.1%
$382
$409
7.1%
34
24
-29.4%
$1,050,000
$1,010,000
-3.8%
62
50
-19.4%
98.7%
98.9%
0.2%
Dry Creek to County Line; Colorado Boulevard to Holly
2015
2016
% Change
$777,524
$735,348
-5.4%
$247
$254
2.7%
32
34
6.3%
$1,025,000
$972,500
-5.1%
17
16
-5.9%
98.2%
98.6%
0.4%
W 38th Ave to Speer Blvd and W 29th Ave; Union Pacific RR lines and S Platte River to Federal Blvd
2015
2016
% Change
$527,000
$552,559
4.8%
$354
$379
7.1%
93
150
61.3%
$1,049,255
$1,657,000
57.9%
162
165
1.9%
97.7%
97.8%
0.1%
MICROMARKET REPORT | DENVER METRO MID-YEAR 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 through June Average Price Average Price per Square Foot Average Days on Market Highest Price Properties Sold % Sold Price to List Price
HIGHLANDS RANCH January through June 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
$477,811
$538,281
12.7%
$363
$401
10.4%
34
33
-2.9%
$1,067,000
$1,600,000
50.0%
124
106
-14.5%
98.6%
98.8%
0.2%
Daniels Park to County Line; Santa Fe to Quebec
2015
2016
% Change
$408,507
$467,499
14.4%
$202
$221
9.2%
17
18
5.9%
$1,499,600
$2,604,938
73.7%
345
305
-11.6%
99.7%
99.8%
0.1%
HILLTOP January through June 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
$1,081,667
$1,225,881
13.3%
$363
$417
14.9%
60
81
35.0%
$2,595,000
$2,850,000
9.8%
58
46
-20.7%
95.0%
96.3%
1.3%
MICROMARKET REPORT | DENVER METRO MID-YEAR 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, Centennial
HOMESTEAD January through June 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
$424,027
$473,373
11.6%
$239
$253
6.0%
17
20
17.6%
$675,000
$1,300,000
92.6%
56
67
19.6%
98.2%
99.1%
0.9%
South Butte Circle to Castle Butte Drive; South Peak View Drive to West Tomah Road
KEENE RANCH January through June 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 June 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
$834,000
$888,917
6.6%
$219
$271
23.9%
228
63
-72.4%
$890,000
$1,285,000
44.4%
3
12
300.0%
94.5%
96.7%
2.2%
approx: Red Fox Lane to North Ranch Road; Golden Eagle Lane to Blue Grouse Ridge Road
2015
2016
% Change
$820,000
$943,955
15.1%
$239
$266
11.2%
107
56
-47.7%
$950,000
$1,225,000
28.9%
5
11
120.0%
94.7%
96.0%
1.3%
MICROMARKET REPORT | DENVER METRO MID-YEAR 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 through June 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
$602,886
$663,147
10.0%
$231
$246
6.5%
36
30
-16.7%
$945,000
$1,069,000
13.1%
37
30
-18.9%
96.9%
98.3%
1.6%
LAKEWOOD January through June 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
$366,669
$404,963
10.4%
$224
$241
7.6%
22
31
40.9%
$1,370,000
$1,077,607
-21.3%
698
707
1.3%
100.3%
99.5%
-0.8%
LOHI
W 38th to I-25; Speer Blvd to Zuni Street
Single Family and Condos
January through June Average Price Average Price per Square Foot Average Days on Market Highest Price Properties Sold % Sold Price to List Price
2015
2016
% Change
$543,311
$592,539
9.1%
$353
$381
8.0%
104
122
17.3%
$1,049,255
$1,075,000
2.5%
130
110
-15.4%
97.4%
97.3%
-0.1%
MICROMARKET REPORT | DENVER METRO MID-YEAR 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, Castle Rock
LONE TREE January through June 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
$732,866
$643,721
-12.2%
$234
$216
-7.7%
51
52
2.0%
$1,950,000
$1,655,000
-15.1%
27
31
14.8%
97.3%
97.7%
0.4%
LOWRY
Quebec to Unita; Alameda to 11th
January through June 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
$691,330
$682,284
-1.3%
$258
$289
12.0%
67
84
25.4%
$1,710,000
$1,638,000
-4.2%
37
35
-5.4%
96.6%
98.7%
2.1%
N. Meadows Drive to Coachline Road; Breezy Lane to Dairylide Street
THE MEADOWS January through June 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
$390,721
$414,368
6.1%
$172
$191
10.8%
27
33
22.2%
$680,000
$720,000
5.9%
245
246
0.4%
99.0%
98.7%
-0.3%
MICROMARKET REPORT | DENVER METRO MID-YEAR 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 June 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
$492,455
$543,999
10.5%
$334
$361
8.2%
50
33
-34.0%
$1,144,450
$1,405,000
22.8%
64
75
17.2%
97.7%
98.1%
0.4%
OBSERVATORY PARK January through June 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
$919,375
$1,000,094
8.8%
$328
$368
12.3%
74
51
-31.1%
$1,750,000
$2,245,000
28.3%
40
35
-12.5%
94.5%
94.8%
0.3%
PARK HILL January through June 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
$564,286
$642,265
13.8%
$364
$393
8.0%
24
39
62.5%
$1,400,000
$1,640,000
17.1%
120
115
-4.2%
99.6%
99.4%
-0.2%
MICROMARKET REPORT | DENVER METRO MID-YEAR 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
8424 Windhaven Drive, Parker
PLATT PARK January through June Single Family
Average Price Average Price per Square Foot Average Days on Market Highest Price Properties Sold % Sold Price to List Price
POLO RESERVE January through June 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
$523,456
$470,366
-10.1%
$412
$443
7.4%
13
17
30.8%
$940,000
$895,000
-4.8%
50
51
2.0%
99.3%
99.5%
0.2%
North of Mineral; South of Arabian Place; West of the S. Platte River; East of S. Platte Canyon Road
2015
2016
% Change
$1,063,637
-
-
$274
-
-
80
-
-
$1,535,460
-
-
7
No Sales
-
95.4%
-
-
PRADERA & TIMBERS January through June 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
$698,593
$730,624
4.6%
$212
$220
3.6%
80
116
45.0%
$1,250,000
$1,720,000
37.6%
44
56
27.3%
95.5%
97.1%
1.6%
MICROMARKET REPORT | DENVER METRO MID-YEAR 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, Denver
SADDLE ROCK January through June 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
$540,260
$595,602
10.2%
$185
$185
0.2%
88
75
-14.8%
$975,000
$1,135,000
16.4%
71
43
-39.4%
96.9%
97.4%
0.5%
SLOAN’S LAKE January through June 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
$513,108
$522,091
1.8%
$365
$407
11.5%
43
21
-51.2%
$1,045,000
$1,050,000
0.5%
77
72
-6.5%
97.6%
97.4%
-0.2%
SOUTHERN HILLS January through June 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
$662,934
$612,203
-7.7%
$337
$339
0.6%
28
36
28.6%
$1,300,000
$1,279,000
-1.6%
19
32
68.4%
97.2%
97.3%
0.1%
MICROMARKET REPORT | DENVER METRO MID-YEAR 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 June 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
$371,923
$410,809
10.5%
$198
$235
18.5%
20
12
-40.0%
$437,500
$505,000
15.4%
33
19
-42.4%
99.1%
100.1%
1.0%
STAPLETON January through June 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
$559,414
$612,282
9.5%
$256
$271
5.8%
25
20
-20.0%
$1,194,000
$1,200,000
0.5%
129
97
-24.8%
99.0%
99.7%
0.7%
North of E. Dry Creek; South of Smoky Hill; West of S. Powhaton; East of E-470
TALLYN’S REACH January through June 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
$485,912
$507,723
4.5%
$182
$201
10.5%
56
45
-19.6%
$1,200,000
$1,110,000
-7.5%
68
66
-2.9%
98.2%
97.9%
-0.3%
MICROMARKET REPORT | DENVER METRO MID-YEAR 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 June 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 June 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 June 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
$358,289
$407,490
13.7%
$318
$332
4.4%
23
104
352.2%
$950,000
$931,000
-2.0%
69
99
43.5%
100.5%
100.0%
-0.5%
Louisiana to Ellsworth; Downing to University
2015
2016
% Change
$1,016,637
$998,703
-1.8%
$494
$486
-1.6%
42
43
2.4%
$2,800,000
$2,230,000
-20.4%
60
68
13.3%
97.5%
97.0%
-0.5%
Louisiana to Ellsworth; Broadway to Downing
2015
2016
% Change
$582,042
$568,337
-2.4%
$389
$405
4.1%
27
27
0.0%
$1,950,000
$885,000
-54.6%
95
78
-17.9%
100.0%
98.6%
-1.4%
MICROMARKET REPORT | DENVER METRO MID-YEAR 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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