LIVREPORT MICROMARKET
DENVER METRO | January-September 2015
C O LO R A D O M I C R O R E P O R TS . C O M
DENVER METRO NEIGHBORHOODS 1. 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.
Denver (City) Baker Bell Mountain Ranch Belmar Berkeley Bonnie Brae/Belcaro Bow Mar/Bow Mar South Capitol Hill Castle Pines North Castle Pines Village Cheesman Cherry Creek North Cherry Creek South/East Cherry Hills Village City Park City Park South Columbine Valley Congress Park Cory-Merrill Country Club Crestmoor Downtown Golden Triangle Greenwood Village East Greenwood Village West Hale Mayfair Heritage Greens Highlands Highlands Ranch Hilltop Homestead Keene Ranch Ken Caryl North Ranch Ken Caryl Valley Lakewood LoHi Lone Tree Lowry The Meadows Montclair Observatory Park Park Hill Platt Park Polo Reserve Pradera & Timbers Saddle Rock Golf Club Sloan’s Lake Southern Hills Southglenn Stapleton Tallyn’s Reach Uptown Washington Park East Washington Park West
5 28 36
47
4 35
15 22 52 16 23 8 11 18 1 20 12 2 13 54 53 6 19
50
42
26 40 30
21
38
43 41 48 14 7 25
24
17 49 33
44
46
31
51
27
34
29
37
9 10 45
39
32
3
MICROMARKET REPORT | DENVER METRO JANUARY-SEPTEMBER 2015 | COLORADOMICROREPORTS.COM Based on Information from REColorado. This representation is based in whole or in part on data supplied by REColorado. REColorado does not guarantee nor is in any way responsible for its accuracy. Data maintained by REColorado may not reflect all real estate activity in the market.
DENVER METRO The Denver metro Micro Market Report (MMR), prepared by LIV Sotheby’s International Realty, compares 2015 data (January through September), to that of 2014, for single family homes and condos. The average price of single family homes and condos combined rose 11.7%, resulting in an average price of $360,358 in Denver metro. In the City of Denver, the average price of single family homes and condos rose 15%, resulting in an average price of $589,540. Inventory has increased, and the number of new listings coming on the market is up 5.4% in Denver metro and up 3% in the City of Denver. Meanwhile, the numbers of listings sold have increased only 3.3% and 1.5% respectively, making for more choices for buyers than what existed during the accelerated summer months. Demand remains high, however prices are still on an upward trend. Across the board, days on market are dropping (now 22 days on average), and the sales price to list price ratio is up (averaging more than 100% in some areas), which evidences the still frenzied and hyper-competitive conditions in the marketplace.
DENVER METRO
January-September Highlights:
• Denver (City) average price is $389,540 – up 15.0% • Downtown’s average price is $509,221 – up 10.8% • Bonnie Brae/Belcaro’s average price is $930,657 – up 13.6% • Washington Park East’s average price is $1,028,023 – up $30.3%
40,602
homes sold for an average of
$360,358
or, $14,631,264,952 total dollar volume sold.
Adams, Arapahoe, Broomfield, Denver, Douglas, Jefferson Counties
January through September
2014
2015
% Change
New Listings
49,145
51,815
5.4%
Sold Listings (All Properties)
39,293
40,602
3.3%
Sold Single Family
28,405
28,548
0.5%
Sold Condo
10,888
12,054
10.7%
31
22
-29.0%
$322,542
$360,358
11.7%
98.2%
99.0%
0.8%
$12,673,565,685
$14,631,264,952
15.4%
Average Days on Market Average Price % Sold Price to List Price Total Dollar Volume Sold
MICROMARKET REPORT | DENVER METRO JANUARY-SEPTEMBER 2015 | COLORADOMICROREPORTS.COM Based on Information from REColorado. This representation is based in whole or in part on data supplied by REColorado. REColorado does not guarantee nor is in any way responsible for its accuracy. Data maintained by REColorado may not reflect all real estate activity in the market.
DENVER MARKET | MARKETS BY AREA
DENVER (CITY) Single Family and Condos
January through September
2014
2015
% Change
$338,590
$389,540
15.0%
$202
$227
12.4%
37
32
-13.5%
$4,925,000
$4,550,000
-7.6%
Properties Sold
10,648
10,804
1.5%
% Sold Price to List Price
98.0%
99.0%
1.0%
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 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
2014
2015
% Change
$338,700
$375,749
10.9%
$279
$317
13.6%
34
21
-38.2%
$625,000
$795,000
27.2%
102
72
-29.4%
98.0%
100.0%
2.1%
I-25 to Quarry Road; Bell Mountain Parkway to Starburst Circle
BELL MOUNTAIN RANCH Single Family and Condos
January through September Average Price Average Price per Square Foot Average Days on Market Highest Price Properties Sold % Sold Price to List Price
2014
2015
% Change
$738,352
$737,863
-0.1%
$266
$283
6.4%
111
106
-4.5%
$1,150,000
$1,050,000
-8.7%
27
24
-11.1%
95.6%
95.9%
0.3%
MICROMARKET REPORT | DENVER METRO JANUARY-SEPTEMBER 2015 | COLORADOMICROREPORTS.COM Based on Information from REColorado. This representation is based in whole or in part on data supplied by REColorado. REColorado does not guarantee nor is in any way responsible for its accuracy. Data maintained by REColorado may not reflect all real estate activity in the market.
DENVER MARKET | MARKETS BY AREA
BELMAR Single Family and Condos
January through 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
2014
2015
% Change
$294,414
$331,383
12.6%
$199
$227
14.1%
30
54
80.0%
$625,000
$647,500
3.6%
35
33
-5.7%
96.3%
99.0%
2.8%
BERKELEY January through 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
2014
2015
% Change
$421,673
$447,650
6.2%
$323
$378
17.0%
34
23
-32.4%
$875,000
$950,000
8.6%
151
153
1.3%
97.7%
99.8%
2.2%
Mississippi to Cherry Creek Drive South; University to Colorado
BONNIE BRAE/BELCARO January through September Single Family
Average Price Average Price per Square Foot Average Days on Market Highest Price Properties Sold % Sold Price to List Price
2014
2015
% Change
$819,136
$930,657
13.6%
$380
$417
9.7%
38
45
18.4%
$2,500,000
$2,850,000
14.0%
58
48
-17.2%
98.8%
97.4%
-1.4%
MICROMARKET REPORT | DENVER METRO JANUARY-SEPTEMBER 2015 | COLORADOMICROREPORTS.COM Based on Information from REColorado. This representation is based in whole or in part on data supplied by REColorado. REColorado does not guarantee nor is in any way responsible for its accuracy. Data maintained by REColorado may not reflect all real estate activity in the market.
DENVER MARKET | MARKETS BY AREA
BOW MAR/BOW MAR SOUTH January through 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
2014
2015
% Change
$1,038,219
$1,111,521
7.1%
$334
$345
3.3%
106
112
5.7%
$2,755,000
$2,200,000
-20.1%
16
14
-12.5%
94.0%
90.5%
-3.8%
CAPITOL HILL Single Family and Condos
January through 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 through 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
2014
2015
% Change
$261,533
$283,296
8.3%
$238
$283
18.9%
39
24
-38.5%
$1,575,000
$1,851,000
17.5%
302
300
-0.7%
97.5%
101.8%
4.4%
Country Club Parkway to Coyote Ridge Park; Daniels Park to Yorkshire
2014
2015
% Change
$506,396
$573,819
13.3%
$193
$202
4.7%
49
42
-14.3%
$1,274,000
$2,300,000
80.5%
142
105
-26.1%
96.5%
96.7%
0.3%
MICROMARKET REPORT | DENVER METRO JANUARY-SEPTEMBER 2015 | COLORADOMICROREPORTS.COM Based on Information from REColorado. This representation is based in whole or in part on data supplied by REColorado. REColorado does not guarantee nor is in any way responsible for its accuracy. Data maintained by REColorado may not reflect all real estate activity in the market.
DENVER MARKET | MARKETS BY AREA
US 85 & Copper Blush to Northwood; Daniels Park to Gate 5; Country Club to I-25
CASTLE PINES VILLAGE January through September Single Family
Average Price Average Price per Square Foot Average Days on Market Highest Price Properties Sold % Sold Price to List Price
2014
2015
% Change
$966,779
$943,078
-2.5%
$307
$283
-7.8%
135
134
-0.7%
$3,525,000
$3,075,000
-12.8%
87
91
4.6%
96.9%
94.9%
-2.0%
CHEESMAN Single Family and Condos
January through 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
2014
2015
% Change
$317,350
$356,673
12.4%
$246
$292
18.7%
31
24
-22.6%
$2,500,000
$2,000,000
-20.0%
141
128
-9.2%
98.4%
100.4%
2.0%
CHERRY CREEK NORTH Single Family and Condos
January through 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
2014
2015
% Change
$981,347
$992,025
1.1%
$413
$440
6.5%
60
72
20.0%
$3,700,000
$3,522,019
-4.8%
83
100
20.5%
96.6%
96.2%
-0.4%
MICROMARKET REPORT | DENVER METRO JANUARY-SEPTEMBER 2015 | COLORADOMICROREPORTS.COM Based on Information from REColorado. This representation is based in whole or in part on data supplied by REColorado. REColorado does not guarantee nor is in any way responsible for its accuracy. Data maintained by REColorado may not reflect all real estate activity in the market.
DENVER MARKET | MARKETS BY AREA
CHERRY CREEK EAST & SOUTH Single Family and Condos
January through 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 through 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 through 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
2014
2015
% Change
$584,116
$553,423
-5.3%
$314
$331
5.4%
74
58
-21.6%
$1,875,000
$2,350,000
25.3%
115
118
2.6%
95.3%
97.0%
1.8%
Hampden to Belleview; Clarkson to Happy Canyon Road and Charlou
2014
2015
% Change
$1,535,509
$1,594,944
3.9%
$363
$400
10.2%
71
57
-19.7%
$3,985,000
$4,650,000
16.7%
55
67
21.8%
93.0%
94.6%
1.7%
Hampden to Belleview; Clarkson to Happy Canyon Road and Charlou
2014
2015
% Change
$2,540,502
$2,598,165
2.3%
$418
$485
16.0%
139
187
34.5%
$5,950,000
$11,000,000
84.9%
45
28
-37.8%
89.5%
90.1%
0.7%
MICROMARKET REPORT | DENVER METRO JANUARY-SEPTEMBER 2015 | COLORADOMICROREPORTS.COM Based on Information from REColorado. This representation is based in whole or in part on data supplied by REColorado. REColorado does not guarantee nor is in any way responsible for its accuracy. Data maintained by REColorado may not reflect all real estate activity in the market.
DENVER MARKET | MARKETS BY AREA
CITY PARK January through 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
2014
2015
% Change
$414,811
$488,866
17.9%
$254
$287
13.0%
32
39
21.9%
$975,000
$2,000,000
105.1%
90
82
-8.9%
98.4%
99.5%
1.1%
CITY PARK SOUTH January through September Single Family
Average Price Average Price per Square Foot Average Days on Market Highest Price Properties Sold % Sold Price to List Price
COLUMBINE VALLEY January through 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
2014
2015
% Change
$489,751
$513,243
4.8%
$307
$402
30.9%
25
5
-80.0%
$735,000
$800,000
8.8%
16
14
-12.5%
95.8%
101.8%
6.2%
South Polo Ridge Drive to West Bowles Avenue; Platte Canyon Road to South Platte River
2014
2015
% Change
$991,427
$956,663
-3.5%
$279
$289
3.6%
91
133
46.2%
$2,592,500
$1,585,000
-38.9%
22
24
9.1%
96.8%
92.0%
-5.0%
MICROMARKET REPORT | DENVER METRO JANUARY-SEPTEMBER 2015 | COLORADOMICROREPORTS.COM Based on Information from REColorado. This representation is based in whole or in part on data supplied by REColorado. REColorado does not guarantee nor is in any way responsible for its accuracy. Data maintained by REColorado may not reflect all real estate activity in the market.
DENVER MARKET | MARKETS BY AREA
CONGRESS PARK January through 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
2014
2015
% Change
$396,291
$503,238
27.0%
$296
$356
20.3%
48
22
-54.2%
$2,435,000
$1,525,000
-37.4%
182
180
-1.1%
98.1%
100.2%
2.1%
S University Blvd to S Colorado Blvd; I-25 to E Mississippi Ave
CORY-MERRILL January through 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 through September Single Family
Average Price Average Price per Square Foot Average Days on Market Highest Price Properties Sold % Sold Price to List Price
2014
2015
% Change
$654,303
$673,825
3.0%
$352
$379
7.7%
47
41
-12.8%
$1,650,000
$1,633,000
-1.0%
92
98
6.5%
97.3%
95.8%
-1.6%
University to Downing 1st-4th; Race to University 4th-6th
2014
2015
% Change
$1,405,883
$1,851,213
31.7%
$442
$477
7.9%
59
35
-40.7%
$3,018,333
$2,850,000
-5.6%
17
8
-52.9%
95.0%
90.3%
-5.0%
MICROMARKET REPORT | DENVER METRO JANUARY-SEPTEMBER 2015 | COLORADOMICROREPORTS.COM Based on Information from REColorado. This representation is based in whole or in part on data supplied by REColorado. REColorado does not guarantee nor is in any way responsible for its accuracy. Data maintained by REColorado may not reflect all real estate activity in the market.
DENVER MARKET | MARKETS BY AREA
CRESTMOOR January through 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
2014
2015
% Change
$919,383
$1,126,478
22.5%
$334
$381
14.1%
57
54
-5.3%
$2,050,000
$2,020,000
-1.5%
15
17
13.3%
97.8%
98.0%
0.2%
DOWNTOWN January through 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 through 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
2014
2015
% Change
$459,736
$509,221
10.8%
$355
$407
14.6%
59
41
-30.5%
$4,925,000
$4,550,000
-7.6%
390
411
5.4%
97.5%
97.8%
0.2%
North Speer Boulevard to Broadway; Colfax to 7th
2014
2015
% Change
$377,464
$485,992
28.8%
$288
$310
7.6%
38
45
18.4%
$675,000
$1,265,000
87.4%
28
37
32.1%
99.7%
97.7%
-2.1%
MICROMARKET REPORT | DENVER METRO JANUARY-SEPTEMBER 2015 | COLORADOMICROREPORTS.COM Based on Information from REColorado. This representation is based in whole or in part on data supplied by REColorado. REColorado does not guarantee nor is in any way responsible for its accuracy. Data maintained by REColorado may not reflect all real estate activity in the market.
DENVER MARKET | MARKETS BY AREA
GREENWOOD VILLAGE EAST January through 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
2014
2015
% Change
$962,991
$1,050,000
9.0%
$290
$312
7.6%
117
113
-3.4%
$2,325,000
$2,135,000
-8.2%
47
46
-2.1%
96.8%
95.7%
-1.1%
GREENWOOD VILLAGE WEST January through 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
2014
2015
% Change
$1,310,140
$1,373,961
4.9%
$342
$344
0.6%
72
69
-4.2%
$2,800,000
$2,505,000
-10.5%
49
38
-22.4%
93.5%
93.7%
0.1%
GREENWOOD VILLAGE WEST January through 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
2014
2015
% Change
$1,794,967
$1,727,033
-3.8%
$381
$420
10.2%
184
90
-51.1%
$4,300,000
$4,200,000
-2.3%
11
15
36.4%
93.2%
92.8%
-0.4%
MICROMARKET REPORT | DENVER METRO JANUARY-SEPTEMBER 2015 | COLORADOMICROREPORTS.COM Based on Information from REColorado. This representation is based in whole or in part on data supplied by REColorado. REColorado does not guarantee nor is in any way responsible for its accuracy. Data maintained by REColorado may not reflect all real estate activity in the market.
DENVER MARKET | MARKETS BY AREA
HALE MAYFAIR January through 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 through 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 through 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
2014
2015
% Change
$435,400
$522,942
20.1%
$339
$380
12.1%
28
29
3.6%
$1,028,000
$1,176,870
14.5%
106
98
-7.5%
98.9%
97.9%
-1.0%
Dry Creek to County Line; Colorado Boulevard to Holly
2014
2015
% Change
$664,340
$830,756
25.0%
$221
$246
11.2%
25
33
32.0%
$1,261,000
$1,775,000
40.8%
30
28
-6.7%
97.8%
96.9%
-0.8%
W 38th Ave to Speer Blvd and W 29th Ave; Union Pacific RR lines and S Platte River to Federal Blvd
2014
2015
% Change
$472,918
$531,833
12.5%
$329
$363
10.3%
83
81
-2.4%
$1,130,000
$1,490,000
31.9%
211
269
27.5%
97.3%
97.7%
0.4%
MICROMARKET REPORT | DENVER METRO JANUARY-SEPTEMBER 2015 | COLORADOMICROREPORTS.COM Based on Information from REColorado. This representation is based in whole or in part on data supplied by REColorado. REColorado does not guarantee nor is in any way responsible for its accuracy. Data maintained by REColorado may not reflect all real estate activity in the market.
DENVER MARKET | MARKETS BY AREA
(WEST) HIGHLANDS Single Family and Condos
January through September Average Price Average Price per Square Foot Average Days on Market Highest Price Properties Sold % Sold Price to List Price
HIGHLANDS RANCH January through 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
2014
2015
% Change
$438,768
$499,423
13.8%
$332
$369
11.3%
38
31
-18.4%
$1,050,000
$1,130,000
7.6%
178
199
11.8%
97.2%
98.9%
1.7%
Daniels Park to County Line; Santa Fe to Quebec
2014
2015
% Change
$385,490
$418,332
8.5%
$185
$205
10.8%
27
17
-37.0%
$1,933,885
$2,187,510
13.1%
734
563
-23.3%
98.3%
99.4%
1.1%
HILLTOP January through 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
2014
2015
% Change
$955,616
$1,136,143
18.9%
$350
$379
8.3%
46
54
17.4%
$2,405,000
$2,855,000
18.7%
62
82
32.3%
95.0%
95.3%
0.4%
MICROMARKET REPORT | DENVER METRO JANUARY-SEPTEMBER 2015 | COLORADOMICROREPORTS.COM Based on Information from REColorado. This representation is based in whole or in part on data supplied by REColorado. REColorado does not guarantee nor is in any way responsible for its accuracy. Data maintained by REColorado may not reflect all real estate activity in the market.
DENVER MARKET | MARKETS BY AREA
HOMESTEAD January through 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
2014
2015
% Change
$381,854
$434,848
13.9%
$215
$243
13.0%
23
15
-34.8%
$1,040,000
$1,200,000
15.4%
90
99
10.0%
97.7%
98.6%
0.9%
South Butte Circle to Castle Butte Drive; South Peak View Drive to West Tomah Road
KEENE RANCH January through 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 through September Single Family
Average Price Average Price per Square Foot Average Days on Market Highest Price Properties Sold % Sold Price to List Price
2014
2015
% Change
$799,250
$934,250
16.9%
$249
$251
0.8%
123
180
46.3%
$1,105,000
$1,235,000
11.8%
10
4
-60.0%
91.5%
94.9%
3.8%
approx: Red Fox Lane to North Ranch Road; Golden Eagle Lane to Blue Grouse Ridge Road
2014
2015
% Change
$891,495
$864,719
-3.0%
$232
$243
4.7%
102
83
-18.6%
$1,349,000
$1,075,000
-20.3%
15
17
13.3%
95.0%
95.0%
0.1%
MICROMARKET REPORT | DENVER METRO JANUARY-SEPTEMBER 2015 | COLORADOMICROREPORTS.COM Based on Information from REColorado. This representation is based in whole or in part on data supplied by REColorado. REColorado does not guarantee nor is in any way responsible for its accuracy. Data maintained by REColorado may not reflect all real estate activity in the market.
DENVER MARKET | MARKETS BY AREA
KEN-CARYL VALLEY January through 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
2014
2015
% Change
$602,937
$613,130
1.7%
$212
$228
7.5%
54
35
-35.2%
$1,325,000
$1,145,000
-13.6%
61
60
-1.6%
96.0%
97.3%
1.4%
LAKEWOOD January through 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
2014
2015
% Change
$324,798
$370,419
14.0%
$200
$229
14.5%
35
21
-40.0%
$1,595,750
$1,625,000
1.8%
1,207
1,172
-2.9%
98.8%
100.0%
1.2%
LOHI
W 38th to I-25; Speer Blvd to Zuni Street
Single Family and Condos
January through September Average Price Average Price per Square Foot Average Days on Market Highest Price Properties Sold % Sold Price to List Price
2014
2015
% Change
$489,561
$550,555
12.5%
$332
$363
9.3%
103
96
-6.8%
$1,130,000
$1,490,000
31.9%
146
203
39.0%
97.5%
97.4%
-0.2%
MICROMARKET REPORT | DENVER METRO JANUARY-SEPTEMBER 2015 | COLORADOMICROREPORTS.COM Based on Information from REColorado. This representation is based in whole or in part on data supplied by REColorado. REColorado does not guarantee nor is in any way responsible for its accuracy. Data maintained by REColorado may not reflect all real estate activity in the market.
DENVER MARKET | MARKETS BY AREA
LONE TREE January through 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
2014
2015
% Change
$553,474
$718,842
29.9%
$188
$229
21.8%
47
48
2.1%
$1,207,500
$1,950,000
61.5%
31
43
38.7%
96.1%
96.2%
0.1%
LOWRY
Quebec to Unita; Alameda to 11th
January through September Single Family
Average Price Average Price per Square Foot Average Days on Market Highest Price Properties Sold % Sold Price to List Price
2014
2015
% Change
$690,817
$712,858
3.2%
$272
$262
-3.7%
31
57
83.9%
$1,600,000
$1,710,000
6.9%
54
53
-1.9%
96.6%
96.7%
0.1%
N. Meadows Drive to Coachline Road; Breezy Lane to Dairylide Street
THE MEADOWS January through September Single Family
Average Price Average Price per Square Foot Average Days on Market Highest Price Properties Sold % Sold Price to List Price
2014
2015
% Change
$348,302
$397,761
14.2%
$161
$173
7.5%
34
27
-20.6%
$680,000
$700,000
2.9%
382
379
-0.8%
99.1%
99.1%
0.0%
MICROMARKET REPORT | DENVER METRO JANUARY-SEPTEMBER 2015 | COLORADOMICROREPORTS.COM Based on Information from REColorado. This representation is based in whole or in part on data supplied by REColorado. REColorado does not guarantee nor is in any way responsible for its accuracy. Data maintained by REColorado may not reflect all real estate activity in the market.
DENVER MARKET | MARKETS BY AREA
MONTCLAIR January through 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
2014
2015
% Change
$452,600
$482,432
6.6%
$306
$338
10.5%
39
40
2.6%
$1,000,000
$1,144,450
14.4%
128
92
-28.1%
98.1%
97.8%
-0.3%
OBSERVATORY PARK January through 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
2014
2015
% Change
$864,496
$941,663
8.9%
$316
$338
7.0%
66
58
-12.1%
$2,335,000
$2,000,000
-14.3%
55
68
23.6%
93.9%
94.5%
0.6%
PARK HILL January through 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
2014
2015
% Change
$484,303
$578,399
19.4%
$328
$363
10.7%
26
20
-23.1%
$1,600,000
$1,755,000
9.7%
208
190
-8.7%
102.9%
99.5%
-3.3%
MICROMARKET REPORT | DENVER METRO JANUARY-SEPTEMBER 2015 | COLORADOMICROREPORTS.COM Based on Information from REColorado. This representation is based in whole or in part on data supplied by REColorado. REColorado does not guarantee nor is in any way responsible for its accuracy. Data maintained by REColorado may not reflect all real estate activity in the market.
DENVER MARKET | MARKETS BY AREA
PLATT PARK January through 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 through 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
2014
2015
% Change
$497,179
$508,809
2.3%
$381
$414
8.7%
27
12
-55.6%
$945,000
$940,000
-0.5%
94
80
-14.9%
98.8%
99.7%
0.9%
North of Mineral; South of Arabian Place; West of the S. Platte River; East of S. Platte Canyon Road
2014
2015
% Change
$1,102,857
$992,773
-10.0%
$282
$272
-3.5%
113
64
-43.4%
$2,425,000
$1,535,460
-36.7%
7
9
28.6%
94.1%
96.2%
2.3%
PRADERA & TIMBERS January through 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
2014
2015
% Change
$707,594
$735,457
3.9%
$212
$220
3.8%
57
74
29.8%
$1,675,000
$1,866,574
11.4%
96
77
-19.8%
95.7%
95.6%
-0.1%
MICROMARKET REPORT | DENVER METRO JANUARY-SEPTEMBER 2015 | COLORADOMICROREPORTS.COM Based on Information from REColorado. This representation is based in whole or in part on data supplied by REColorado. REColorado does not guarantee nor is in any way responsible for its accuracy. Data maintained by REColorado may not reflect all real estate activity in the market.
DENVER MARKET | MARKETS BY AREA
SADDLE ROCK January through 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
2014
2015
% Change
$483,009
$549,927
13.9%
$167
$183
9.6%
69
75
8.7%
$855,000
$975,000
14.0%
56
96
71.4%
96.2%
96.9%
0.8%
SLOAN’S LAKE January through 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
2014
2015
% Change
$416,474
$520,104
24.9%
$327
$364
11.3%
34
41
20.6%
$935,000
$2,300,000
146.0%
103
126
22.3%
97.9%
97.4%
-0.5%
SOUTHERN HILLS January through 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
2014
2015
% Change
$584,191
$646,269
10.6%
$296
$346
16.9%
22
23
4.5%
$1,220,000
$1,300,000
6.6%
36
34
-5.6%
97.2%
97.6%
0.4%
MICROMARKET REPORT | DENVER METRO JANUARY-SEPTEMBER 2015 | COLORADOMICROREPORTS.COM Based on Information from REColorado. This representation is based in whole or in part on data supplied by REColorado. REColorado does not guarantee nor is in any way responsible for its accuracy. Data maintained by REColorado may not reflect all real estate activity in the market.
DENVER MARKET | MARKETS BY AREA
SOUTHGLENN January through 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
2014
2015
% Change
$335,984
$370,629
10.3%
$185
$204
10.3%
26
17
-34.6%
$410,000
$437,500
6.7%
47
51
8.5%
97.8%
98.8%
1.1%
STAPLETON January through 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
2014
2015
% Change
$526,495
$551,261
4.7%
$241
$256
6.2%
30
26
-13.3%
$1,360,000
$1,194,000
-12.2%
200
203
1.5%
98.2%
99.3%
1.0%
North of E. Dry Creek; South of Smoky Hill; West of S. Powhaton; East of E-470
TALLYN’S REACH January through September Single Family
Average Price Average Price per Square Foot Average Days on Market Highest Price Properties Sold % Sold Price to List Price
2014
2015
% Change
$431,698
$484,746
12.3%
$168
$188
11.9%
56
50
-10.7%
$716,200
$1,200,000
67.6%
98
108
10.2%
96.9%
97.8%
0.9%
MICROMARKET REPORT | DENVER METRO JANUARY-SEPTEMBER 2015 | COLORADOMICROREPORTS.COM Based on Information from REColorado. This representation is based in whole or in part on data supplied by REColorado. REColorado does not guarantee nor is in any way responsible for its accuracy. Data maintained by REColorado may not reflect all real estate activity in the market.
DENVER MARKET | MARKETS BY AREA
UPTOWN Single Family and Condos
January through 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 through 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 through 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
2014
2015
% Change
$326,815
$390,752
19.6%
$282
$315
11.7%
30
26
-13.3%
$975,000
$2,000,000
105.1%
160
123
-23.1%
98.0%
99.9%
2.0%
Louisiana to Ellsworth; Downing to University
2014
2015
% Change
$788,888
$1,028,023
30.3%
$436
$505
15.8%
26
35
34.6%
$1,925,000
$4,100,000
113.0%
83
94
13.3%
97.3%
97.4%
0.1%
Louisiana to Ellsworth; Broadway to Downing
2014
2015
% Change
$496,600
$574,948
15.8%
$343
$384
12.0%
32
27
-15.6%
$1,400,000
$1,950,000
39.3%
143
141
-1.4%
98.5%
99.8%
1.3%
MICROMARKET REPORT | DENVER METRO JANUARY-SEPTEMBER 2015 | COLORADOMICROREPORTS.COM Based on Information from REColorado. This representation is based in whole or in part on data supplied by REColorado. REColorado does not guarantee nor is in any way responsible for its accuracy. Data maintained by REColorado may not reflect all real estate activity in the market.
COLORADO LUXURY REAL ESTATE EXPERTS BOULDER
858 W. Happy Canyon Road, Suite 100 Castle Rock, CO 80108 303.660.8800
DENVER TECH CENTER
EVERGREEN
1512 Larimer Street, #46R Denver, CO 80202 303.893.3200
31955 Castle Court, #1 South Evergreen, CO 80439 303.674.3200
BEAVER CREEK
VAIL
EDWARDS
26 Avondale Lane, #119 Beaver Creek, CO 81620 970.845.0400
292 E. Meadow Drive, Suite 101 Vail, CO 81657 970.476.7944
101 South Main Street Breckenridge, CO 80424 970.453.0550
255 Clayton Street, Unit 100 North Denver, CO 80206 303.893.3200
400 S. Colorado Blvd., Suite 400 Denver, CO 80246 303.893.3200
DOWNTOWN DENVER
8000 E. Belleview Avenue, Suite 200 Greenwood Village, CO 80111 303.893.3200
BRECKENRIDGE
CHERRY CREEK
CHERRY CREEK
CASTLE PINES
1050 Walnut Street Boulder, CO 80302 303.443.6161
34253 Highway 6, #2A Edwards, CO 81632 970.748.5150
34
LIV Sotheby’s International Realty Locations 36
BOULDER
|
CASTLE PINES VILLAGE
DOWNTOWN DENVER
|
EVERGREEN
BRECKENRIDGE
|
|
|
CHERRY CREEK
GREENWOOD VILLAGE
Boulder
25
VAIL VALLEY
DENVER Downtown Denver
70
Cherry Creek
VAIL VALLEY Beaver Creek
Denver Tech Center
Evergreen
Edwards Vail
24
70 85
Breckenridge
285
25
Castle Pines
MICROMARKET REPORT | DENVER METRO JANUARY-SEPTEMBER 2015 | COLORADOMICROREPORTS.COM Based on Information from REColorado. This representation is based in whole or in part on data supplied by REColorado. REColorado does not guarantee nor is in any way responsible for its accuracy. Data maintained by REColorado may not reflect all real estate activity in the market.
24
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