Denver Metro Year End, 2018 Micro Market Report

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%.

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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

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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

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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

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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

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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

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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.

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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

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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

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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.