MICROMARKET REPORT |
Denver Metro • 2019
DENVER METRO NEIGHBORHOODS 7 11 10
6
4 3
35 14 15 34 13 19 20 33 16 21 32 12 31 17 22 23 30
45
36
37 43 38
42
44
18 29 28 27 5 26
39
9 25 2
8
54
40
53
41
1
24
46
47 48 52
49
50
51
1.
Ken Caryl Valley
28.
Southern Hills
2.
Ken Caryl North Ranch
29.
Observatory Park
3. Lakewood
30. Cory-Merrill
4. Belmar
31.
Cherry Creek South/East
5.
Bow Mar/Bow Mar South
32.
Cherry Creek North
6.
Sloan’s Lake
33.
Congress Park
7. Berkeley
34.
City Park South
8.
Polo Reserve
35.
City Park
9.
Columbine Valley
36.
Park Hill
10. LoHi
37.
Hale Mayfair
11. Highlands
38. Hilltop
12. Baker
39.
13.
40. Homestead
Golden Triangle
Greenwood Village East
14. Downtown
41.
15. Uptown
42. Crestmoor
16.
Denver (City)
43. Montclair
17.
Washington Park West
44. Lowry
18.
Platt Park
45. Stapleton
19.
Capitol Hill
46.
Lone Tree
20. Cheesman
47.
Castle Pines North
21.
Country Club
48.
Castle Pines Village
22.
Washington Park East
49.
The Meadows
23.
Bonnie Brae/Belcaro
50.
Keene Ranch
24.
Highlands Ranch
51.
Bell Mountain Ranch
25. Southglenn
52.
Pradera & Timbers
26.
Greenwood Village West
53.
Tallyn’s Reach
27.
Cherry Hills Village
54.
Saddle Rock Golf Club
Heritage Greens
Pictured on cover: 4 Cherry Hills Park Drive, Cherry Hills Village
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DENVER METRO market update Panoramic mountain views, a strong economy, trendy restaurants and entertainment, and a heart for innovation, are just a few of the reasons many people are proud to live in the Denver Metro. Zillow recently ranked Denver as the #3 hottest housing markets of 2019, meaning more and more buyers are expected to call the Denver Metro their new home. LIV Sotheby’s International Realty reports on the Denver Metro’s real estate market, sectioning into 54 neighborhoods. Collectively, comparing the results of 2018 to 2017, average price showed a significant increase of 8.2% from $428,050 in 2017 to $463,288 in 2018. New listings also increased, while sold listings reported a slight decrease. However, even with the decrease of sold listings, total dollar volume sold still increased by 2.6% from 2017 – highlighting the fact that average price increased as a whole in the Denver Metro area.
DENVER METRO
January through December
Across the 54 neighborhoods there are notable increases in average price and properties sold, as well as decreases in average days on market, comparing 2018 to 2017. The Golden Triangle neighborhood saw an exciting 31.2% increase in average price, from $465,492 in 2017 to $610,718 in 2018. Bell Mountain Ranch and KenCaryl North Ranch reported an increase of around 50% in properties sold. Many neighborhoods saw extraordinary decreases in average days on market with four at decreases of 40% or more: Cherry Creek East & South, Heritage Greens, Pradera & Timbers, and Uptown. With a decrease of 59.5% in average days on market to just 32 days in 2018, Uptown reported the most significant decrease.
2017
2018
% Change
New Listings
61,073
62,203
1.9%
Sold Listings (All Properties)
54,328
51,498
-5.2%
Sold Single Family
38,278
36,227
-5.4%
Sold Attached Dwellings
16,050
15,271
-4.9%
$428,050
$463,288
8.2%
35
39
11.4%
99.0%
98.80%
-0.2%
$23,255,121,432
$23,858,388,304
2.6%
Average Price Average Days on Market % Sold Price to Original List Price Total Dollar Volume Sold
Counties: Adams, Arapahoe, Broomfield, Denver, Douglas, Jefferson Attached Dwellings Include: Condos, Townhomes, and Duplexes
With the increase of Metro Denver buyers both within and outside of the state, buyers should be prepared to act quickly when their Metro Denver dreamhome is found. The initial start to 2019 anticipates a very busy year for both buyers and sellers. The typical desire for a seller to wait and list their home during the spring and summer months may prevent sellers from benefiting with the current lack of inventory. Metro Denver has proven to be, and will most likely continue the path to be, an extremely hot market.
livsothebysrealty.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.
MICROMARKET REPORT | Denver Metro 2019 • COLORADOMICROREPORTS.COM
DENVER (CITY) January through December Average Price
2017
2018
% Change
$462,425
$504,124
9.0%
$294
$291.00
-1.0%
25
25
0.0%
$6,500,000
$4,975,000
-23.5%
Properties Sold
14,300
13,789
-3.6%
% Sold Price to List Price
98.7%
98.50%
-0.2%
Average Price per Square Foot Average Days on Market Highest Price
Boundaries: City of Denver
891 14th Street #2301, Denver
BAKER January through December Average Price
2017
$489,227
10.8%
$364
$404
11.3%
22
47
113.6%
$802,500
$1,680,000
109.3%
130
127
-2.3%
99.2%
99.50%
0.3%
Average Days on Market
Properties Sold % Sold Price to List Price
% Change
$441,418
Average Price per Square Foot
Highest Price
2018
Baker received historic district designation by the City of Denver in 2000, and is lined with 19th century brick houses and charming local restaurants and businesses.
Boundaries: 6th Avenue to Mississippi; South Platte River to Broadway
BELL MOUNTAIN RANCH January through December Average Price Average Price per Square Foot Average Days on Market Highest Price Properties Sold % Sold Price to List Price
2017
2018
% Change
$796,325
$872,729
9.6%
$294
$312
6.3%
138
158
14.5%
$967,500
$1,400,000
44.7%
16
24
50.0%
94.6%
95.18%
0.6%
Boundaries: I-25 to Quarry Road; Bell Mountain Parkway to Starburst Circle
50%
The number of properties sold in the neighborhood of Bell Mountain Ranch increased by 50%.
coloradomicroreports.com
35.5% The average days on market for the neighborhood of Belmar decreased by 35.5% January through December, 2018 compared to that of 2017.
BELMAR January through December
2017
Average Price
$400,584
$406,697
1.5%
$257
$283
10.5%
31
20
-35.5%
$1,000,000
$1,125,000
12.5%
43
43
0.0%
98.6%
98.85%
0.3%
Average Price per Square Foot Average Days on Market Highest Price Properties Sold % Sold Price to List Price
2018
% Change
Boundaries: Kentucky to Alameda; Wadsworth to Pierce
BERKELEY January through December
2017
Average Price
$611,934
11.5%
$450
$457
1.6%
22
18
-18.2%
$1,300,000
$1,586,000
22.0%
183
170
-7.1%
98.5%
98.45%
0.0%
Average Days on Market Highest Price Properties Sold % Sold Price to List Price
% Change
$548,835
Average Price per Square Foot
Berkeley offers its residences an eclectic mix of popular dining options, local art galleries, and a convenient location near I-70.
2018
Boundaries: 38th to I-70; Sheridan to Federal
BONNIE BRAE/BELCARO January through December
2017
Average Price
$1,143,184
$1,283,980
12.3%
$502
$538
7.2%
32
43
34.4%
$2,300,000
$3,097,000
34.7%
59
70
18.6%
96.6%
97.37%
0.8%
Average Price per Square Foot Average Days on Market Highest Price Properties Sold % Sold Price to List Price
2018
% Change
Boundaries: Mississippi to Cherry Creek Drive South; University to Colorado
780 Bonnie Brae Boulevard, Bonnie Brae
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BOW MAR/BOW MAR SOUTH January through December
2017
2018
Average Price
$1,322,427
$1,486,267
12.4%
$413
$465
12.6%
58
50
-13.8%
$2,630,000
$2,671,500
1.6%
22
15
-31.8%
92.7%
97.20%
4.8%
Average Price per Square Foot Average Days on Market Highest Price Properties Sold % Sold Price to List Price
12.4%
% Change
The average price for the neighborhoods of Bow Mar/Bow Mar South increased by 12.4% January through December, 2018 compared to that of 2017.
Boundaries: West Quincy Avenue to West Bowels Avenue
CAPITOL HILL January through December Average Price
2017
$381,506
13.0%
$338
$373
10.5%
25
36
44.0%
$3,250,000
$3,100,000
-4.6%
376
418
11.2%
98.8%
98.33%
-0.5%
Average Days on Market
Properties Sold % Sold Price to List Price
% Change
$337,724
Average Price per Square Foot
Highest Price
2018
Boundaries: Broadway to Downing; 6th to Colfax
357 West 12th Avenue, Capitol Hill
CASTLE PINES January through December Average Price Average Price per Square Foot Average Days on Market Highest Price Properties Sold % Sold Price to List Price
2017
2018
% Change
$601,828
$698,735
16.1%
$221
$251
13.7%
50
55
10.0%
$1,400,000
$2,700,000
92.9%
125
95
-24.0%
96.5%
97.21%
0.7%
Castle Pines, located just 20 miles south of Denver, offers its residents the perfect balance of open space and urban living.
Boundaries: Country Club Parkway to Coyote Park; Daniels Park to Yorkshire
coloradomicroreports.com
THE VILLAGE CASTLE PINES January through December
2017
2018
Average Price
$1,201,645
$1,237,263
3.0%
$332
$347
4.6%
159
145
-8.8%
$4,800,000
$4,300,000
-10.4%
122
125
2.5%
92.3%
94%
1.8%
Average Price per Square Foot Average Days on Market Highest Price Properties Sold % Sold Price to List Price
% Change
Boundaries: US 85 & Copper Blush to Northwood; Daniels Park to Gate 5; Country Club to I-25
1041 Meteor Place, The Village Castle Pines
24.3%
January through December, 2018, the average price in the neighborhood of Cheesman increased by 24.3% compared to that of 2017.
CHEESMAN January through December
2017
Average Price
$508,620
24.3%
$366
$383
4.7%
35
25
-28.6%
$5,000,000
$3,380,000
-32.4%
173
147
-15.0%
98.6%
98.63%
0.1%
Average Days on Market
Properties Sold % Sold Price to List Price
% Change
$409,167
Average Price per Square Foot
Highest Price
2018
Boundaries: York to Downing; Colfax to 8th
CHERRY CREEK NORTH January through December
2017
2018
Average Price
$1,087,123
$1,073,966
-1.2%
$481
$507
5.4%
73
75
2.7%
$4,800,000
$3,650,000
-24.0%
127
134
5.5%
95.8%
94.07%
-1.8%
Average Price per Square Foot Average Days on Market Highest Price Properties Sold % Sold Price to List Price
% Change
Boundaries: York to Colorado; 1st to 6th
464 Madison Street, Cherry Creek North
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CHERRY CREEK EAST & SOUTH January through December
2017
Average Price
% Change
$676,800
$687,704
1.6%
$374
$393
5.2%
111
63
-43.2%
$2,350,000
$3,250,000
38.3%
136
125
-8.1%
96.8%
96%
-0.8%
Average Price per Square Foot Average Days on Market Highest Price
2018
Properties Sold % Sold Price to List Price
5.2%
January through December, 2018, the average price per square foot in Cherry Creek East increased by 5.2% compared to that of 2017.
Boundaries: University to Colorado; Alameda to 1st
CHERRY HILLS VILLAGE January through December
2017
2018
Average Price
$1,573,968
$1,717,832
9.1%
$380
$417
9.9%
78
69
-11.5%
$3,800,000
$3,962,500
4.3%
65
71
9.2%
92.1%
93%
1.0%
Average Price per Square Foot Average Days on Market Highest Price Properties Sold % Sold Price to List Price
% Change
Cherry Hills Village, located just south of Denver, was named for the cherry tree groves that lined the original town site.
(Under 1 Acre) Boundaries: Hampden to Belleview; Clarkson to Happy Canyon Road and Charlou
CHERRY HILLS VILLAGE January through December Average Price Average Price per Square Foot Average Days on Market Highest Price Properties Sold % Sold Price to List Price
2017
2018
% Change
$2,806,217
$2,910,587
3.7%
$492
$502
2.2%
147
139
-5.4%
$6,000,000
$7,500,000
25.0%
47
46
-2.1%
91.3%
88.93%
-2.6%
(Over 1 Acre) Boundaries: Hampden to Belleview; Clarkson to Happy Canyon Road and Charlou
10 Cherry Hills Park Drive, Cherry Hills Village
coloradomicroreports.com
CITY PARK January through December
2017
Average Price
% Change
$574,912
$610,623
6.2%
$352
$395
12.4%
22
17
-22.7%
$1,300,000
$1,250,000
-3.8%
86
105
22.1%
98.3%
99.69%
1.5%
Average Price per Square Foot Average Days on Market Highest Price
2018
Properties Sold % Sold Price to List Price Boundaries: Downing to York; 18th to Martin Luther King
3090 Wilson Court #8, City Park
CITY PARK SOUTH January through December
2017
Average Price
One of Denver’s most popular destinations, City Park is home to historical monuments, two lakes, picnic sites, playgrounds, and sweeping views of the city’s skyline.
$754,409
17.9%
$447
$507
13.6%
16
16
0.0%
$935,000
$1,100,000
17.6%
17
11
-35.3%
98.7%
97.35%
-1.3%
Average Days on Market
Properties Sold % Sold Price to List Price
% Change
$639,633
Average Price per Square Foot
Highest Price
2018
Boundaries: York to Colorado; Colfax to 17th
29.6%
The highest price for the neighborhood of Columbine Valley increased by 29.6% January through December, 2018 compared to that of 2017.
COLUMBINE VALLEY January through December
2017
2018
Average Price
$1,008,611
$1,196,003
18.6%
$329
$389
18.3%
189
148
-21.7%
$1,999,000
$2,590,000
29.6%
45
31
-31.1%
93.0%
95.92%
3.1%
Average Price per Square Foot Average Days on Market Highest Price Properties Sold % Sold Price to List Price
% Change
Boundaries: South Polo Ridge Drive to West Boles Avenue; Platte Canyon Road to South Platte River
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CONGRESS PARK January through December
2017
Average Price
% Change
$542,392
$591,170
9.0%
$417
$429.41
2.9%
25
19
-24.0%
$1,350,000
$1,760,000
30.4%
222
208
-6.3%
98.0%
99.24%
1.3%
Average Price per Square Foot Average Days on Market Highest Price
2018
Properties Sold % Sold Price to List Price Boundaries: York to Colorado; 6th to Colfax
911 Harrison Street, Congress Park
CORY-MERRILL January through December Average Price
2017
% Change
$854,028
$880,892
3.1%
$452
$469
3.7%
46
48
4.3%
$1,675,000
$1,750,000
4.5%
124
106
-14.5%
96.5%
96.57%
0.1%
Average Price per Square Foot Average Days on Market Highest Price
2018
Properties Sold % Sold Price to List Price
Named after John J. Cory and Louise A. Merrill, two influential Denver educators, Cory-Merrill neighborhood was founded in 1858 to be a dry town because its citizens didn’t like the saloons that had taken over Denver.
Boundaries: South University Blvd to South Colorado Blvd; I-25 to East Mississippi Ave
COUNTRY CLUB January through December
2017
Average Price
$2,707,615
$2,849,696
5.2%
$608
$683
12.5%
91
77
-15.4%
$6,500,000
$5,668,830
-12.8%
13
21
61.5%
95.8%
93.87%
-2.0%
Average Price per Square Foot Average Days on Market Highest Price Properties Sold % Sold Price to List Price
2018
% Change
5.2%
January through December, 2018, the average price in the neighborhood of Country Club increased by 5.2% compared to that of 2017.
Boundaries: University to Downing 1st-4th; Race to University 4th-6th
coloradomicroreports.com
CRESTMOOR January through December
2017
2018
Average Price
$1,315,282
$1,421,287
8.1%
$441
$455
3.2%
28
34
21.4%
$2,475,000
$3,550,665
43.5%
28
40
42.9%
97.0%
97.54%
0.6%
Average Price per Square Foot Average Days on Market Highest Price Properties Sold % Sold Price to List Price
% Change
Boundaries: Holly to Monaco; Bayaud to 6th
210 Jasmine Street, Crestmoor
4.7%
January through December, 2018, the average price per square foot in Downtown Denver increased by 4.7% compared to that of 2017.
DOWNTOWN January through December Average Price
2017
$591,291
2.3%
$447
$468
4.7%
66
87
31.8%
$5,300,000
$4,500,000
-15.1%
546
481
-11.9%
96.7%
96.98%
0.2%
Average Days on Market
Properties Sold % Sold Price to List Price
% Change
$577,872
Average Price per Square Foot
Highest Price
2018
Boundaries: Downtown Denver MLS Area
GOLDEN TRIANGLE January through December Average Price Average Price per Square Foot Average Days on Market* Highest Price Properties Sold % Sold Price to List Price
1200 Acoma Street #401, Golden Triangle
2017
2018
% Change
$465,492
$610,718
31.2%
$350
$367
4.9%
42
430
923.8%
$975,000
$1,150,000
17.9%
50
83
66.0%
96.8%
98%
1.2%
Boundaries: North Speer Boulevard to Broadway; Colfax to 7th *Of the 83 residences sold January through December 2018, 43 residences were considered new construction.
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GREENWOOD VILLAGE EAST January through December
2017
2018
Average Price
$1,197,769
$1,204,937
0.6%
$388
$358
-7.5%
95
68
-28.4%
$2,133,730
$2,130,000
-0.2%
38
54
42.1%
97.7%
97.37%
-0.3%
Average Price per Square Foot Average Days on Market Highest Price Properties Sold % Sold Price to List Price
% Change
Boundaries: I-25 to Havana; Belleview to Orchard
3830 East Fox Trail, Greenwood Village
GREENWOOD VILLAGE WEST January through December
2017
2018
Average Price
$1,515,852
$1,636,693
8.0%
$396
$399
0.8%
91
64
-29.7%
$3,230,899
$3,375,000
4.5%
60
52
-13.3%
92.6%
94%
1.5%
Average Price per Square Foot Average Days on Market Highest Price Properties Sold % Sold Price to List Price
% Change
Over the past 50 years, Greenwood Village has gone from a land of gravel roads and small farms to an energetic blend of residential and commercial areas.
(Under 1 Acre) Boundaries: Orchard to Belleview; Clarkson to I-25
GREENWOOD VILLAGE WEST January through December Average Price Average Price per Square Foot Average Days on Market Highest Price Properties Sold % Sold Price to List Price
2017
2018
% Change
$2,065,885
$2,438,625
18.0%
$496
$464
-6.4%
86
134
55.8%
$4,500,000
$5,100,000
13.3%
13
24
84.6%
91.8%
93.39%
1.7%
18%
January through December, 2018, the average price for the neighborhood of Greenwood Village increased by 18% compared to that of 2017.
(Over 1 Acre) Boundaries: Orchard to Belleview; Clarkson to I-25
coloradomicroreports.com
8.7%
The average price for the neighborhood of Hale Mayfair increased by 8.7% January through December, 2018 compared to that of 2017.
HALE MAYFAIR January through December
2017
Average Price
$653,339
8.7%
$441
$468
6.2%
29
18
-37.9%
$1,313,000
$1,495,000
13.9%
118
87
-26.3%
98.8%
99.05%
0.2%
Average Days on Market
Properties Sold % Sold Price to List Price
% Change
$601,157
Average Price per Square Foot
Highest Price
2018
Boundaries: Colorado to Holly; 6th to Colfax
HERITAGE GREENS
48.1%
The average days on market for the neighborhood of Heritage Greens decreased by 48.1% January through December, 2018 compared to that of 2017.
January through December Average Price
2017
$814,597
-3.6%
$263
$281
6.9%
52
27
-48.1%
$1,575,000
$1,075,000
-31.7%
34
19
-44.1%
96.8%
96%
-0.9%
Average Days on Market
Properties Sold % Sold Price to List Price
% Change
$844,679
Average Price per Square Foot
Highest Price
2018
Boundaries: Dry Creek to County Line; Colorado Boulevard to Holly
HIGHLANDS January through December Average Price Average Price per Square Foot Average Days on Market Highest Price Properties Sold % Sold Price to List Price
2017
2018
% Change
$612,375
$613,485
0.2%
$416
$443
6.6%
55
65
18.2%
$1,649,000
$1,875,000
13.7%
300
303
1.0%
97.3%
98.09%
0.8%
Boundaries: W 38th Ave to Speer Blvd; S Platte River to Federal Blvd
2001 West 35th Avenue, Highlands
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(WEST) HIGHLANDS January through December Average Price
2017
2018
$601,292
$603,927
0.4%
$449
$488
8.8%
21
21
0.0%
$1,399,000
$1,550,000
10.8%
222
240
8.1%
98.7%
98.09%
-0.6%
Average Price per Square Foot Average Days on Market Highest Price Properties Sold % Sold Price to List Price
% Change
Boundaries:38th Ave; Federal to Sheridan
3230 West Hayward Place, West Highlands
HIGHLANDS RANCH January through December Average Price
2017
2018
$483,362
$510,703
5.7%
$238
$250
5.1%
19
15
-21.1%
$3,210,647
$2,930,758
-8.7%
625
594
-5.0%
99.2%
99.31%
0.1%
Average Price per Square Foot Average Days on Market Highest Price Properties Sold % Sold Price to List Price
5.1%
% Change
The average price per square foot for the neighborhood of Highlands Ranch increased by 5.1% January through December, 2018 compared to that of 2017.
Boundaries: Daniels Park to County Line; Santa Fe to Quebec
HILLTOP January through December
2017
Average Price
$1,456,676
$1,299,505
-10.8%
$441
$431
-2.2%
78
59
-24.4%
$4,950,000
$3,725,000
-24.7%
97
77
-20.6%
95.4%
98%
2.7%
Average Price per Square Foot Average Days on Market Highest Price Properties Sold % Sold Price to List Price
2018
% Change
Boundaries: Alameda to 6th; Colorado to Holly
278 Dahlia Street, Hilltop
coloradomicroreports.com
HOMESTEAD January through December Average Price
2017
% Change
$484,617
$576,218
18.9%
$277
$297.15
7.3%
22
24
9.1%
$1,075,000
$1,355,000
26.0%
122
127
4.1%
98.7%
97.64%
-1.1%
Average Price per Square Foot Average Days on Market Highest Price
2018
Properties Sold % Sold Price to List Price Boundaries: Colorado to Quebec; Arapahoe to Dry Creek
7261 East Hinsdale Avenue, Homestead
KEENE RANCH January through December
Located in the scenic foothills and bordering 1,500 acres of open space, Keene Ranch offers convenient access to Castle Rock and award-winning golf courses.
Average Price
2017
$1,181,365
19.6%
$324
$376
16.1%
69
129
87.0%
$1,247,400
$2,650,000
112.4%
10
13
30.0%
95.5%
90%
-5.8%
Average Days on Market
Properties Sold % Sold Price to List Price
% Change
$987,454
Average Price per Square Foot
Highest Price
2018
Boundaries: South Butte Circle to Castle Butte Drive; South Peak View Drive to West Tomah Road
43.8%
The number of properties sold in the neighborhood of Ken-Caryl North Ranch increased by 43.8% January through December, 2018 compared to that of 2017.
KEN-CARYL NORTH RANCH January through December
2017
Average Price
$1,018,125
$973,593
-4.4%
$287
$279
-2.7%
63
66
4.8%
$1,495,000
$1,256,150
-16.0%
16
23
43.8%
97.2%
93%
-4.3%
Average Price per Square Foot Average Days on Market Highest Price Properties Sold % Sold Price to List Price
2018
% Change
Boundaries: Red Fox Lane to North Ranch Road; Golden Eagle Road to Blue Grouse Ridge Road
MICROMARKET REPORT | Denver Metro livsothebysrealty.com
2019 • COLORADOMICROREPORTS.COM
KEN-CARYL VALLEY January through December
2017
Average Price
% Change
$724,043
$781,100
7.9%
$269
$288
6.9%
36
39
8.3%
$1,350,000
$1,500,000
11.1%
62
63
1.6%
97.2%
98%
0.8%
Average Price per Square Foot Average Days on Market Highest Price
2018
Properties Sold % Sold Price to List Price
7.9%
January through December, 2018, the average price for the neighborhood of Ken-Caryl Valley increased by 7.9% compared to that of 2017.
Boundaries: Tamarade Drive to Manor House Road; Mountain High Court to West Ken Caryl Ave
LAKEWOOD January through December
2017
Average Price
% Change
$445,649
$488,317
9.6%
$277
$299
8.4%
23
24
4.3%
$1,950,000
$6,490,000
232.8%
1,543
1,439
-6.7%
98.7%
98%
-0.7%
Average Price per Square Foot Average Days on Market Highest Price
2018
Properties Sold % Sold Price to List Price Boundaries: City of Lakewood
9180 West Virginia Avenue, Lakewood
LOHI January through December
2017
Average Price
% Change
$639,686
$635,012
-0.7%
$414
$443
7.0%
65
55
-15.4%
$1,649,000
$1,875,000
13.7%
231
229
-0.9%
96.8%
97.88%
1.2%
Average Price per Square Foot Average Days on Market Highest Price
2018
Properties Sold % Sold Price to List Price
The Lower Highlands, LoHi for short, features an eclectic mix of coffee shops, street fairs, farmers’ markets, and more.
Boundaries: W 38th to I-25; Speer Blvd to Zuni Street
coloradomicroreports.com
LONE TREE Lone Tree is home to the Lone Tree Arts Center, which houses a 255-seat event hall for intimate performances, and a 350-seat outdoor terrace theatre.
January through December
2017
Average Price
$681,251
-8.3%
$240
$243
1.7%
44
31
-29.5%
$2,600,000
$1,615,000
-37.9%
47
50
6.4%
95.7%
97.45%
1.8%
Average Days on Market
Properties Sold % Sold Price to List Price
% Change
$742,908
Average Price per Square Foot
Highest Price
2018
Boundaries: South of Ridgegate parkway to County Line; Peoria to Quebec
12.3% The average price per square foot for the neighborhood of Lowry increased by 12.3% January through December, 2018 compared that of 2017.
LOWRY January through December
2017
Average Price
$825,308
14.0%
$287
$322
12.3%
40
31
-22.5%
$1,475,000
$1,650,000
11.9%
67
62
-7.5%
96.7%
97.97%
1.4%
Average Days on Market
Properties Sold % Sold Price to List Price
% Change
$724,009
Average Price per Square Foot
Highest Price
2018
Boundaries: Quebec to Unita; Alameda to 11th
THE MEADOWS January through December Average Price Average Price per Square Foot Average Days on Market Highest Price Properties Sold % Sold Price to List Price
2017
2018
% Change
$447,515
$475,060
6.2%
$202
$215
6.8%
26
29
11.5%
$895,300
$797,500
-10.9%
431
430
-0.2%
98.5%
98.57%
0.1%
Boundaries: N Meadows Drive to Coachline Road; Breezy lane to Dairylide Street
4588 Buena Vista Court, The Meadows
MICROMARKET REPORT | Denver Metro livsothebysrealty.com
2019 • COLORADOMICROREPORTS.COM
MONTCLAIR January through December Average Price
2017
$652,274
14.5%
$392
$431
10.0%
38
38
0.0%
$1,450,000
$1,450,000
0.0%
144
123
-14.6%
98.0%
97%
-1.0%
Average Days on Market
Properties Sold % Sold Price to List Price
% Change
$569,757
Average Price per Square Foot
Highest Price
2018
14.5%
The average price for the neighborhood of Montclair increased by 14.5% January through December, 2018, compared to that of 2017.
Boundaries: Holly to Quebec; 6th to Colfax
OBSERVATORY PARK January through December
2017
2018
Average Price
$1,176,209
$1,313,834
11.7%
$423
$436
3.1%
49
46
-6.1%
$3,832,953
$3,004,324
-21.6%
97
70
-27.8%
95.3%
97%
1.8%
Average Price per Square Foot Average Days on Market Highest Price Properties Sold % Sold Price to List Price
% Change
Boundaries: University to Colorado; Evans to Yale
2010 South Madison Street, Observatory Park
PARK HILL January through December Average Price Average Price per Square Foot Average Days on Market Highest Price Properties Sold % Sold Price to List Price
2017
2018
% Change
$706,885
$764,281
8.1%
$432
$465
7.6%
25
20
-20.0%
$2,050,000
$2,195,000
7.1%
229
227
-0.9%
98.2%
98%
-0.2%
One of the city’s oldest neighborhoods which was established in 1887.
Boundaries: Colfax to 26th; Colorado to Quebec
coloradomicroreports.com
PLATT PARK January through December Average Price
2017
% Change
$620,527
$684,737
10.3%
$494
$506
2.7%
16
50
212.5%
$1,255,000
$1,608,256
28.1%
89
107
20.2%
98.6%
98.46%
-0.1%
Average Price per Square Foot Average Days on Market Highest Price
2018
Properties Sold % Sold Price to List Price Boundaries: Broadway to Downing; Louisiana to Evans
POLO RESERVE
1036 South Pearl Street, Platt Park
13%
January through December, 2018, the average price per square foot for the neighborhood of Polo Reserve increased by 13% compared to that of 2017.
3.1%
January through December, 2018, the percent sold price to list price in the neighborhood of Pradera & Timbers increased by 3.1% compared to that of 2017.
January through December
2017
2018
Average Price
$1,343,707
$1,433,750
6.7%
$303
$342
13.0%
253
172
-32.0%
$2,475,000
$2,490,000
0.6%
7
6
-14.3%
99.0%
96%
-3.0%
Average Price per Square Foot Average Days on Market Highest Price Properties Sold % Sold Price to List Price
% Change
Boundaries: North of Mineral; South of Arabian Pl; West of the S. Platte River; East of S. Platte Canyon Rd
PRADERA & TIMBERS January through December Average Price
2017
% Change
$823,512
$821,479
-0.2%
$250
$245
-2.1%
92
44
-52.2%
$2,093,000
$1,725,000
-17.6%
121
104
-14.0%
95.1%
98%
3.1%
Average Price per Square Foot Average Days on Market Highest Price
2018
Properties Sold % Sold Price to List Price Boundaries: Pradera and Timbers Subdivisions in Parker
MICROMARKET REPORT | Denver Metro livsothebysrealty.com
2019 •COLORADOMICROREPORTS.COM
SADDLE ROCK January through December
2017
Average Price
2018
$626,559
$655,772
4.7%
$199
$207
4.3%
52
52
0.0%
$1,430,000
$970,000
-32.2%
115
86
-25.2%
96.7%
96%
-0.7%
Average Price per Square Foot Average Days on Market Highest Price
% Change
Properties Sold % Sold Price to List Price
Boundaries: North of E Dry Creek Rd; South of Smoky Hill Rd; West of E-470; East of S Liverpool St
22756 East Calhoun Place, Saddle Rock
SLOAN’S LAKE January through December
2017
Average Price
2018
$625,086
$666,400
6.6%
$418
$480
14.8%
29
21
-27.6%
$1,750,000
$1,511,733
-13.6%
123
137
11.4%
98.1%
97.46%
-0.7%
Average Price per Square Foot Average Days on Market Highest Price
% Change
Properties Sold % Sold Price to List Price
The urban development currently taking place in Sloan’s Lake offers its residences convenient access to new restaurants, breweries, and public transportation.
Boundaries: Colfax to 29th; Sheridan to Federal
SOUTHERN HILLS January through December
2017
Average Price
% Change
$697,897
$798,017
14.3%
$379
$428
13.0%
25
17
-32.0%
$1,440,000
$2,071,510
43.9%
69
66
-4.3%
96.0%
97%
1.1%
Average Price per Square Foot Average Days on Market Highest Price
2018
Properties Sold % Sold Price to List Price Boundaries: University to Colorado; Yale to Hampden
13%
January through December, 2018, the average price per square foot for the neighborhood of Southern Hills increased by 13% compared to that of 2017.
coloradomicroreports.com
28.6%
The average days on market for the neighborhood of Southglenn decreased by 28.6% January through December, 2018 compared to that of 2017.
SOUTHGLENN January through December
2017
Average Price
2018
$414,613
$465,048
12.2%
$238
$262
9.9%
21
15
-28.6%
$516,900
$650,000
25.7%
50
48
-4.0%
98.8%
99.50%
0.7%
Average Price per Square Foot Average Days on Market Highest Price Properties Sold % Sold Price to List Price
% Change
Boundaries: Washington to University; Arapahoe to Dry Creek
STAPLETON January through December
2017
Average Price
$679,721
10.3%
$295
$316
2.7%
52
39
212.5%
$1,460,000
$1,470,000
28.1%
270
380
20.2%
99.7%
99.97%
-0.1%
Average Days on Market
Properties Sold % Sold Price to List Price
% Change
$657,351
Average Price per Square Foot
Highest Price
2018
Boundaries: Quebec to Havana; 23rd to 40th
2958 Syracuse Street, Stapleton
TALLYN’S REACH January through December
Tallyn’s Reach is known for its beautiful surroundings. Here, 200-year-old Ponderosa Pines accentuate the landscape from nearly every vantage.
Average Price Average Price per Square Foot Average Days on Market Highest Price Properties Sold % Sold Price to List Price
2017
2018
% Change
$544,384
$565,588
3.9%
$214
$218
2.1%
53
41
-22.6%
$1,087,000
$1,199,000
10.3%
148
115
-22.3%
97.7%
98%
0.3%
Boundaries: North of E Dry Creek; South of Smoky Hill; West of S Powhaton; East of E-470
MICROMARKET REPORT | Denver Metro livsothebysrealty.com
2019 • COLORADOMICROREPORTS.COM
UPTOWN January through December Average Price
2017
$456,738
4.6%
$365
$399
9.2%
79
32
-59.5%
$928,000
$1,249,999
34.7%
160
159
-0.6%
99.2%
99%
-0.2%
Average Days on Market
Properties Sold % Sold Price to List Price
% Change
$436,665
Average Price per Square Foot
Highest Price
2018
9.2%
The average price per square foot for the neighborhood of Uptown increased by 9.2% January through December, 2018 compared to that of 2017.
Boundaries: North of Colfax; East of Broadway; South of 20th; 20th & Park to 19th; West of Josephine
WASHINGTON PARK EAST January through December
2017
2018
Average Price
$1,131,969
$1,263,838
11.6%
$548
$618
13.0%
40
35
-12.5%
$5,850,000
$3,650,000
-37.6%
123
122
-0.8%
96.1%
97.17%
1.1%
Average Price per Square Foot Average Days on Market Highest Price Properties Sold % Sold Price to List Price
% Change
Boundaries: Lousisana to Ellsworth; Downing to University
360 South Lafayette Street #405, Washington Park East
WASHINGTON PARK WEST January through December Average Price
2017
% Change
$672,725
$721,474
7.2%
$444
$488
10.1%
25
24
-4.0%
$1,850,000
$2,390,000
29.2%
150
148
-1.3%
98.7%
99%
0.3%
Average Price per Square Foot Average Days on Market Highest Price
2018
Properties Sold % Sold Price to List Price
Washington Park is a popular destination for outdoor recreation in Denver with its many running trails, bike paths, yoga spots, and paddle boarding areas.
Boundaries: Louisiana to Ellsworth; Broadway to Downing
coloradomicroreports.com
LIV SOTHEBY’S INTERNATIONAL REALTY
RESORT REPORT
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The life you love.
livsothebysrealty.com | 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.