LIV
MICRO MARKET REPORTS
DENVER METRO | 2016
675 Humboldt Street, Denver
C O LO R A D O M I C R O R E P O RTS .C O M
DENVER METRO NEIGHBORHOODS 1. 2. 3. 4. 5. 6. 7. 8. 9. 10. 11. 12. 13. 14. 15. 16. 17. 18. 19. 20. 21. 22. 23. 24. 25. 26. 27. 28. 29. 30. 31. 32. 33. 34. 35. 36. 37. 38. 39. 40. 41. 42. 43. 44. 45. 46. 47. 48. 49. 50. 51. 52. 53. 54.
Ken Caryl Valley Ken Caryl North Ranch Lakewood Belmar Bow Mar/Bow Mar South Sloan’s Lake Berkeley Polo Reserve Columbine Valley LoHi Highlands Baker Golden Triangle Downtown Uptown Denver (City) Washington Park West Platt Park Capitol Hill Cheesman Country Club Washington Park East Bonnie Brae/Belcaro Highlands Ranch Southglenn Greenwood Village West Cherry Hills Village Southern Hills Observatory Park Cory-Merrill Cherry Creek South/East Cherry Creek North Congress Park City Park South City Park Park Hill Hale Mayfair Hilltop Greenwood Village East Homestead Heritage Greens Crestmoor Montclair Lowry Stapleton Lone Tree Castle Pines North Castle Pines Village The Meadows Keene Ranch Bell Mountain Ranch Pradera & Timbers Tallyn’s Reach Saddle Rock Golf Club
7 11 10
6
4 3
35 14 15 34 13 19 20 33 16 21 32 12 31 17 22 23 30 18
45
36 37 43 38
42
44
29 28 27
5 26
39
9 25 2
8
54
40
53
41
1
24
46
47 48 52
49
50
51
MICROMARKET REPORT | DENVER METRO 2016 | COLORADOMICROREPORTS.COM Based on Information from REColorado. This representation is based in whole or in part on data supplied by REColorado. REColorado does not guarantee nor is in any way responsible for its accuracy. Data maintained by REColorado may not reflect all real estate activity in the market.
DENVER METRO The Denver Metro Micro Market Report (MMR), prepared by LIV Sotheby’s International Realty, compares 2016 statistics (January through December), to that of 2015, for single family homes and attached dwellings. The average price of single family homes and condos combined rose 9.9%, resulting in an average price of $396,439 in Denver metro. In the city of Denver, the average price of single family homes and condos rose 9.1%, resulting in an average price of $426,720. Denver continues to be one of the best performing markets in the country, and has logged double-digit appreciation in each of the last five years, according the Federal Housing Finance Authority (FHFA. gov). This can be observed at the micro market level in the increases in average sales price, and average price per square foot. Additionally, the total dollar volume sold in Denver metro has increased 9%. The front range of Colorado has gained notoriety internationally as an excellent investment, and this has fueled demand even more. The number of sold listings in Denver Metro and the City of Denver held at 52,855 and 14,309, respectively, and across the board, days on market rose 13.8%, (now 33 days on average) in Denver metro, and the sales price to list price ratio held at 99.0%. Buyers have more information at their fingertips than ever before, but the value of having a seasoned professional advocating on your behalf has never been more important to be successful.
DENVER METRO January through December
2016 Highlights:
• Denver (City) average price is $426,720 – up 9.1% • Castle Pines Village’s average price is $1,060,040 – up 10.4% • Cherry Creek North’s average price is $1,174,869 – up 19.6% • Sloan’s Lake’s average price is $558,405 – up 8.0%
52,855
homes sold for an average of
$396,439
or, $20,953,793,321 total dollar volume sold.
Adams, Arapahoe, Broomfield, Denver, Douglas, Jefferson Counties
2015
2016
% Change
New Listings
62,345
61,211
-1.8%
Sold Listings (All Properties)
53,280
52,855
-0.8%
Sold Single Family
37,400
37,562
0.4%
Sold Condo
15,880
15,293
-3.7%
29
33
13.8%
$360,865
$396,439
9.9%
99.0%
99.0%
0.0%
$19,226,878,348
$20,953,793,321
9.0%
Average Days on Market Average Price % Sold Price to List Price Total Dollar Volume Sold
MICROMARKET REPORT | DENVER METRO 2016 | COLORADOMICROREPORTS.COM Based on Information from REColorado. This representation is based in whole or in part on data supplied by REColorado. REColorado does not guarantee nor is in any way responsible for its accuracy. Data maintained by REColorado may not reflect all real estate activity in the market.
DENVER MARKET | MARKETS BY AREA
DENVER MARKET | MARKETS BY AREA
3125 East Exposition Avenue, Denver
DENVER (CITY) Single Family and Condos
January through December
2015
2016
% Change
$391,186
$426,720
9.1%
$228
$256
12.3%
34
39
14.7%
$4,550,000
$7,000,000
53.8%
Properties Sold
14,177
14,309
0.9%
% Sold Price to List Price
99.0%
98.9%
-0.1%
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 December Single Family and Condos
City of Denver
Average Price Average Price per Square Foot Average Days on Market Highest Price Properties Sold % Sold Price to List Price
2015
2016
% Change
$376,107
$413,258
9.9%
$319
$353
10.5%
22
15
-31.8%
$795,000
$840,000
5.7%
101
118
16.8%
100.0%
100.3%
0.2%
I-25 to Quarry Road; Bell Mountain Parkway to Starburst Circle
BELL MOUNTAIN RANCH Single Family and Condos
January through December Average Price Average Price per Square Foot Average Days on Market Highest Price Properties Sold % Sold Price to List Price
2015
2016
% Change
$743,796
$804,806
8.2%
$283
$284
0.5%
108
94
-13.0%
$1,050,000
$1,200,000
14.3%
26
20
-23.1%
95.7%
94.1%
-1.7%
MICROMARKET REPORT | DENVER METRO 2016 | COLORADOMICROREPORTS.COM Based on Information from REColorado. This representation is based in whole or in part on data supplied by REColorado. REColorado does not guarantee nor is in any way responsible for its accuracy. Data maintained by REColorado may not reflect all real estate activity in the market.
DENVER MARKET | MARKETS BY AREA
723 South Clayton Street, Bonnie Brae
BELMAR Single Family and Condos
January through December Average Price Average Price per Square Foot Average Days on Market Highest Price Properties Sold % Sold Price to List Price
Kentucky to Alameda; Wadsworth to Pierce
2015
2016
% Change
$342,504
$398,091
16.2%
$230
$250
8.9%
54
124
129.6%
$752,500
$1,065,000
41.5%
43
68
58.1%
98.0%
97.8%
-0.2%
BERKELEY January through December Single Family
Average Price Average Price per Square Foot Average Days on Market Highest Price Properties Sold % Sold Price to List Price
38th to I-70; Sheridan to Federal
2015
2016
% Change
$445,879
$502,676
12.7%
$375
$408
8.8%
23
27
17.4%
$950,000
$1,086,930
14.4%
189
186
-1.6%
99.7%
98.3%
-1.4%
Mississippi to Cherry Creek Drive South; University to Colorado
BONNIE BRAE/BELCARO January through December Single Family
Average Price Average Price per Square Foot Average Days on Market Highest Price Properties Sold % Sold Price to List Price
2015
2016
% Change
$918,704
$968,890
5.5%
$406
$462
13.9%
44
40
-9.1%
$2,850,000
$2,200,000
-22.8%
62
40
-35.5%
98.6%
95.8%
-2.8%
MICROMARKET REPORT | DENVER METRO 2016 | COLORADOMICROREPORTS.COM Based on Information from REColorado. This representation is based in whole or in part on data supplied by REColorado. REColorado does not guarantee nor is in any way responsible for its accuracy. Data maintained by REColorado may not reflect all real estate activity in the market.
DENVER MARKET | MARKETS BY AREA
DENVER MARKET | MARKETS BY AREA
6679 Twisted Oak Drive, Castle Pines North
BOW MAR/BOW MAR SOUTH January through December Single Family
Average Price Average Price per Square Foot Average Days on Market Highest Price Properties Sold % Sold Price to List Price
North of Bowles; South of Quincy; West of Morning Glory; East of Bow Mar Drive
2015
2016
% Change
$1,149,165
$1,078,196
-6.2%
$354
$346
-2.3%
124
103
-16.9%
$2,747,000
$2,075,000
-24.5%
20
19
-5.0%
90.4%
93.4%
3.3%
CAPITOL HILL Single Family and Condos
January through December 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 December Single Family
Average Price Average Price per Square Foot Average Days on Market Highest Price Properties Sold % Sold Price to List Price
Broadway to Downing; 6th to Colfax
2015
2016
% Change
$285,552
$310,937
8.9%
$285
$314
10.3%
26
20
-23.1%
$1,581,000
$1,600,000
1.2%
381
332
-12.9%
99.0%
99.2%
0.2%
Country Club Parkway to Coyote Ridge Park; Daniels Park to Yorkshire
2015
2016
% Change
$565,799
$579,789
2.5%
$201
$209
4.2%
44
57
29.5%
$2,300,000
$1,465,000
-36.3%
122
110
-9.8%
96.5%
95.0%
-1.5%
MICROMARKET REPORT | DENVER METRO 2016 | COLORADOMICROREPORTS.COM Based on Information from REColorado. This representation is based in whole or in part on data supplied by REColorado. REColorado does not guarantee nor is in any way responsible for its accuracy. Data maintained by REColorado may not reflect all real estate activity in the market.
DENVER MARKET | MARKETS BY AREA
1 Elk Pointe Lane, Castle Pines Village US 85 & Copper Blush to Northwood; Daniels Park to Gate 5; Country Club to I-25
CASTLE PINES VILLAGE January through December Single Family
Average Price Average Price per Square Foot Average Days on Market Highest Price Properties Sold % Sold Price to List Price
2015
2016
% Change
$960,554
$1,060,040
10.4%
$287
$306
6.7%
139
135
-2.9%
$3,075,000
$3,900,000
26.8%
107
107
0.0%
94.4%
93.5%
-0.9%
CHEESMAN Single Family and Condos
January through December Average Price Average Price per Square Foot Average Days on Market Highest Price Properties Sold % Sold Price to List Price
York to Downing; Colfax to 8th
2015
2016
% Change
$370,969
$461,201
24.3%
$297
$339
14.1%
25
26
4.0%
$2,000,000
$2,525,000
26.3%
169
178
5.3%
97.0%
98.2%
1.2%
CHERRY CREEK NORTH Single Family and Condos
January through December Average Price Average Price per Square Foot Average Days on Market Highest Price Properties Sold % Sold Price to List Price
York to Colorado; 1st to 6th
2015
2016
% Change
$982,370
$1,174,869
19.6%
$496
$501
1.0%
62
59
-4.8%
$3,522,019
$7,000,000
98.7%
189
161
-14.8%
97.0%
96.0%
-1.0%
MICROMARKET REPORT | DENVER METRO 2016 | COLORADOMICROREPORTS.COM Based on Information from REColorado. This representation is based in whole or in part on data supplied by REColorado. REColorado does not guarantee nor is in any way responsible for its accuracy. Data maintained by REColorado may not reflect all real estate activity in the market.
DENVER MARKET | MARKETS BY AREA
DENVER MARKET | MARKETS BY AREA
18 Cherry Hills Park Drive, Cherry Hills Village
CHERRY CREEK EAST & SOUTH Single Family and Condos
January through December 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 December 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 December Single Family (Over 1 Acre)
Average Price Average Price per Square Foot Average Days on Market Highest Price Properties Sold % Sold Price to List Price
University to Colorado; Alameda to 1st
2015
2016
% Change
$553,355
$638,063
15.3%
$330
$346
4.7%
58
92
58.6%
$2,350,000
$2,250,000
-4.3%
147
118
-19.7%
96.8%
96.6%
-0.2%
Hampden to Belleview; Clarkson to Happy Canyon Road and Charlou
2015
2016
% Change
$1,599,066
$1,554,614
-2.8%
$394
$373
-5.4%
69
88
27.5%
$4,650,000
$3,445,000
-25.9%
90
65
-27.8%
94.2%
91.2%
-3.2%
Hampden to Belleview; Clarkson to Happy Canyon Road and Charlou
2015
2016
% Change
$2,586,846
$2,434,213
-5.9%
$472
$460
-2.5%
159
139
-12.6%
$11,000,000
$6,530,000
-40.6%
36
52
44.4%
90.5%
86.3%
-4.6%
MICROMARKET REPORT | DENVER METRO 2016 | COLORADOMICROREPORTS.COM Based on Information from REColorado. This representation is based in whole or in part on data supplied by REColorado. REColorado does not guarantee nor is in any way responsible for its accuracy. Data maintained by REColorado may not reflect all real estate activity in the market.
DENVER MARKET | MARKETS BY AREA
4443 West Cottonwood Place, Columbine Valley
CITY PARK January through December Single Family
Average Price Average Price per Square Foot Average Days on Market Highest Price Properties Sold % Sold Price to List Price
Downing to York; 18th to Martin Luther King
2015
2016
% Change
$477,336
$496,830
4.1%
$294
$341
16.0%
37
26
-29.7%
$2,000,000
$915,000
-54.3%
108
93
-13.9%
99.1%
98.1%
-1.0%
CITY PARK SOUTH January through December Single Family
Average Price Average Price per Square Foot Average Days on Market Highest Price Properties Sold % Sold Price to List Price
York to Colorado; Colfax to 17th
2015
2016
% Change
$535,022
$642,432
20.1%
$398
$413
3.9%
6
21
250.0%
$850,000
$989,000
16.4%
18
22
22.2%
100.0%
99.7%
-0.3%
*Data based on one sale in 2016
COLUMBINE VALLEY January through December Single Family
Average Price Average Price per Square Foot Average Days on Market Highest Price Properties Sold % Sold Price to List Price
South Polo Ridge Drive to West Bowles Avenue; Platte Canyon Road to South Platte River
2015
2016
% Change
$949,896
$1,046,257
10.1%
$300
$309
3.0%
150
80
-46.7%
$1,725,000
$2,219,075
28.6%
31
31
0.0%
93.3%
95.9%
2.8%
MICROMARKET REPORT | DENVER METRO 2016 | COLORADOMICROREPORTS.COM Based on Information from REColorado. This representation is based in whole or in part on data supplied by REColorado. REColorado does not guarantee nor is in any way responsible for its accuracy. Data maintained by REColorado may not reflect all real estate activity in the market.
DENVER MARKET | MARKETS BY AREA
DENVER MARKET | MARKETS BY AREA
800 Monroe Street, Congress Park
CONGRESS PARK January through December Single Family
Average Price Average Price per Square Foot Average Days on Market Highest Price Properties Sold % Sold Price to List Price
York to Colorado; 6th to Colfax
2015
2016
% Change
$505,134
$530,189
5.0%
$352
$384
9.0%
22
26
18.2%
$1,850,000
$2,450,000
32.4%
243
243
0.0%
99.4%
98.8%
-0.6%
S University Blvd to S Colorado Blvd; I-25 to E Mississippi Ave
CORY-MERRILL January through December 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 December Single Family
Average Price Average Price per Square Foot Average Days on Market Highest Price Properties Sold % Sold Price to List Price
2015
2016
% Change
$675,431
$779,386
15.4%
$385
$411
6.6%
42
44
4.8%
$1,633,000
$1,574,900
-3.6%
126
121
-4.0%
95.4%
96.3%
1.0%
University to Downing 1st-4th; Race to University 4th-6th
2015
2016
% Change
$1,757,820
$1,974,755
12.3%
$469
$567
20.9%
33
62
87.9%
$2,850,000
$3,458,000
21.3%
10
23
130.0%
91.0%
92.9%
2.1%
MICROMARKET REPORT | DENVER METRO 2016 | COLORADOMICROREPORTS.COM Based on Information from REColorado. This representation is based in whole or in part on data supplied by REColorado. REColorado does not guarantee nor is in any way responsible for its accuracy. Data maintained by REColorado may not reflect all real estate activity in the market.
DENVER MARKET | MARKETS BY AREA
355 Ivy Street, Crestmoor
CRESTMOOR January through December Single Family
Average Price Average Price per Square Foot Average Days on Market Highest Price Properties Sold % Sold Price to List Price
Holly to Monaco; Bayaud to 6th
2015
2016
% Change
$1,188,853
$1,093,313
-8.0%
$396
$409
3.4%
59
62
5.1%
$2,150,000
$2,165,000
0.7%
25
23
-8.0%
97.0%
94.8%
-2.2%
DOWNTOWN January through December 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 December Average Price Average Price per Square Foot Average Days on Market Highest Price Properties Sold % Sold Price to List Price
Downtown Denver MLS Area
2015
2016
% Change
$521,760
$490,258
-6.0%
$407
$417
2.4%
46
62
34.8%
$4,550,000
$3,250,000
-28.6%
508
511
0.6%
97.4%
97.0%
-0.4%
North Speer Boulevard to Broadway; Colfax to 7th
2015
2016
% Change
$487,320
$540,089
10.8%
$314
$347
10.7%
45
88
95.6%
$1,265,000
$1,450,000
14.6%
49
59
20.4%
97.4%
97.6%
0.3%
MICROMARKET REPORT | DENVER METRO 2016 | COLORADOMICROREPORTS.COM Based on Information from REColorado. This representation is based in whole or in part on data supplied by REColorado. REColorado does not guarantee nor is in any way responsible for its accuracy. Data maintained by REColorado may not reflect all real estate activity in the market.
DENVER MARKET | MARKETS BY AREA
DENVER MARKET | MARKETS BY AREA
6067 South Clinton Court, Greenwood Village
GREENWOOD VILLAGE EAST January through December Single Family
Average Price Average Price per Square Foot Average Days on Market Highest Price Properties Sold % Sold Price to List Price
I-25 to Havana; Belleview to Orchard
2015
2016
% Change
$1,009,280
$1,097,892
8.8%
$306
$337
10.1%
102
55
-46.1%
$2,135,000
$2,682,542
25.6%
60
51
-15.0%
95.5%
96.0%
0.6%
GREENWOOD VILLAGE WEST January through December Single Family (Under 1 Acre)
Average Price Average Price per Square Foot Average Days on Market Highest Price Properties Sold % Sold Price to List Price
Orchard to Belleview; Clarkson to I-25
2015
2016
% Change
$1,387,048
$1,548,877
11.7%
$350
$376
7.6%
99
91
-8.1%
$2,505,000
$3,100,000
23.8%
52
49
-5.8%
93.1%
92.2%
-1.0%
GREENWOOD VILLAGE WEST January through December Single Family (Over 1 Acre)
Average Price Average Price per Square Foot Average Days on Market Highest Price Properties Sold % Sold Price to List Price
Orchard to Belleview; Clarkson to I-25
2015
2016
% Change
$1,923,900
$2,046,889
6.4%
$433
$436
0.7%
87
193
121.8%
$4,200,000
$4,700,000
11.9%
20
18
-10.0%
95.6%
90.5%
-5.4%
MICROMARKET REPORT | DENVER METRO 2016 | COLORADOMICROREPORTS.COM Based on Information from REColorado. This representation is based in whole or in part on data supplied by REColorado. REColorado does not guarantee nor is in any way responsible for its accuracy. Data maintained by REColorado may not reflect all real estate activity in the market.
DENVER MARKET | MARKETS BY AREA
5174 East Mineral Circle, Heritage Greens
HALE MAYFAIR January through December 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 December 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 December Average Price Average Price per Square Foot Average Days on Market Highest Price Properties Sold % Sold Price to List Price
Colorado to Holly; 6th to Colfax
2015
2016
% Change
$511,872
$576,757
12.7%
$381
$415
9.0%
28
36
28.6%
$1,176,870
$1,970,000
67.4%
117
108
-7.7%
97.9%
98.3%
0.4%
Dry Creek to County Line; Colorado Boulevard to Holly
2015
2016
% Change
$807,490
$756,386
-6.3%
$241
$254
5.6%
45
39
-13.3%
$1,775,000
$1,075,000
-39.4%
41
29
-29.3%
96.5%
97.3%
0.8%
W 38th Ave to Speer Blvd and W 29th Ave; Union Pacific RR lines and S Platte River to Federal Blvd
2015
2016
% Change
$531,991
$565,704
6.3%
$367
$383
4.6%
85
127
49.4%
$1,490,000
$1,657,000
11.2%
345
329
-4.6%
97.5%
97.2%
-0.4%
MICROMARKET REPORT | DENVER METRO 2016 | COLORADOMICROREPORTS.COM Based on Information from REColorado. This representation is based in whole or in part on data supplied by REColorado. REColorado does not guarantee nor is in any way responsible for its accuracy. Data maintained by REColorado may not reflect all real estate activity in the market.
DENVER MARKET | MARKETS BY AREA
10815 Wintersong Way, Highlands Ranch
(WEST) HIGHLANDS Single Family and Condos
January through December Average Price Average Price per Square Foot Average Days on Market Highest Price Properties Sold % Sold Price to List Price
HIGHLANDS RANCH January through December Single Family
Average Price Average Price per Square Foot Average Days on Market Highest Price Properties Sold % Sold Price to List Price
38th Ave to 29th Ave; Federal to Sheridan
2015
2016
% Change
$494,342
$544,066
10.1%
$371
$407
9.7%
30
29
-3.3%
$1,130,000
$1,600,000
41.6%
259
241
-6.9%
98.4%
97.9%
-0.5%
Daniels Park to County Line; Santa Fe to Quebec
2015
2016
% Change
$424,796
$461,832
8.7%
$206
$221
7.2%
18
22
22.2%
$2,206,367
$2,604,938
18.1%
728
689
-5.4%
99.0%
98.8%
-0.2%
HILLTOP January through December Single Family
Average Price Average Price per Square Foot Average Days on Market Highest Price Properties Sold % Sold Price to List Price
Alameda to 6th; Colorado to Holly
2015
2016
% Change
$1,143,253
$1,171,230
2.4%
$387
$400
3.4%
54
73
35.2%
$2,855,000
$3,400,000
19.1%
107
97
-9.3%
95.0%
94.8%
-0.2%
MICROMARKET REPORT | DENVER METRO 2016 | COLORADOMICROREPORTS.COM Based on Information from REColorado. This representation is based in whole or in part on data supplied by REColorado. REColorado does not guarantee nor is in any way responsible for its accuracy. Data maintained by REColorado may not reflect all real estate activity in the market.
DENVER MARKET | MARKETS BY AREA
7285 South Newport Way, Homestead
HOMESTEAD January through December Single Family
Average Price Average Price per Square Foot Average Days on Market Highest Price Properties Sold % Sold Price to List Price
Colorado to Quebec; Arapahoe to Dry Creek
2015
2016
% Change
$437,871
$469,272
7.2%
$243
$255
4.9%
16
25
56.3%
$1,200,000
$1,300,000
8.3%
125
137
9.6%
98.7%
97.8%
-0.9%
South Butte Circle to Castle Butte Drive; South Peak View Drive to West Tomah Road
KEENE RANCH January through December 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 December Single Family
Average Price Average Price per Square Foot Average Days on Market Highest Price Properties Sold % Sold Price to List Price
2015
2016
% Change
$938,800
$922,503
-1.7%
$272
$283
3.9%
145
79
-45.5%
$1,235,000
$1,285,000
4.0%
5
17
240.0%
96.4%
96.8%
0.4%
approx: Red Fox Lane to North Ranch Road; Golden Eagle Lane to Blue Grouse Ridge Road
2015
2016
% Change
$889,669
$974,630
9.5%
$241
$252
4.6%
96
59
-38.5%
$1,075,000
$1,335,000
24.2%
22
23
4.5%
93.7%
94.4%
0.7%
MICROMARKET REPORT | DENVER METRO 2016 | COLORADOMICROREPORTS.COM Based on Information from REColorado. This representation is based in whole or in part on data supplied by REColorado. REColorado does not guarantee nor is in any way responsible for its accuracy. Data maintained by REColorado may not reflect all real estate activity in the market.
DENVER MARKET | MARKETS BY AREA
DENVER MARKET | MARKETS BY AREA
12032 West 27th Drive, Lakewood
KEN-CARYL VALLEY January through December Single Family
Average Price Average Price per Square Foot Average Days on Market Highest Price Properties Sold % Sold Price to List Price
approx: Tamarade Drive to Manor House Road; Mountain High Court to West Ken Caryl Ave
2015
2016
% Change
$607,182
$673,584
10.9%
$232
$246
6.2%
36
29
-19.4%
$1,145,000
$1,125,000
-1.7%
69
90
30.4%
97.1%
97.8%
0.8%
LAKEWOOD January through December Single Family
Average Price Average Price per Square Foot Average Days on Market Highest Price Properties Sold % Sold Price to List Price
City of Lakewood
2015
2016
% Change
$369,381
$405,665
9.8%
$231
$249
7.9%
24
27
12.5%
$1,625,000
$1,755,000
8.0%
1,555
1,603
3.1%
99.4%
98.8%
-0.6%
LOHI
W 38th to I-25; Speer Blvd to Zuni Street
Single Family and Condos
January through December Average Price Average Price per Square Foot Average Days on Market Highest Price Properties Sold % Sold Price to List Price
2015
2016
% Change
$550,941
$588,119
6.7%
$368
$382
3.7%
101
123
21.8%
$1,490,000
$1,185,000
-20.5%
263
245
-6.8%
97.2%
96.5%
-0.6%
MICROMARKET REPORT | DENVER METRO 2016 | COLORADOMICROREPORTS.COM Based on Information from REColorado. This representation is based in whole or in part on data supplied by REColorado. REColorado does not guarantee nor is in any way responsible for its accuracy. Data maintained by REColorado may not reflect all real estate activity in the market.
DENVER MARKET | MARKETS BY AREA
10626 Montecito Drive, Lone Tree
LONE TREE January through December Single Family
Average Price Average Price per Square Foot Average Days on Market Highest Price Properties Sold % Sold Price to List Price
approx: South of Ridgegate Parkway to County Line; Peoria to Quebec
2015
2016
% Change
$718,096
$669,800
-6.7%
$228
$224
-1.7%
64
65
1.6%
$1,950,000
$1,655,000
-15.1%
54
53
-1.9%
95.3%
96.4%
1.2%
LOWRY
Quebec to Unita; Alameda to 11th
January through December Single Family
Average Price Average Price per Square Foot Average Days on Market Highest Price Properties Sold % Sold Price to List Price
2015
2016
% Change
$693,317
$684,079
-1.3%
$265
$187
-29.3%
57
82
43.9%
$1,710,000
$1,638,000
-4.2%
65
79
21.5%
96.6%
98.4%
1.8%
N. Meadows Drive to Coachline Road; Breezy Lane to Dairylide Street
THE MEADOWS January through December Single Family
Average Price Average Price per Square Foot Average Days on Market Highest Price Properties Sold % Sold Price to List Price
2015
2016
% Change
$397,432
$419,744
5.6%
$174
$190
9.2%
29
38
31.0%
$700,000
$720,000
2.9%
462
500
8.2%
98.8%
98.0%
-0.9%
MICROMARKET REPORT | DENVER METRO 2016 | COLORADOMICROREPORTS.COM Based on Information from REColorado. This representation is based in whole or in part on data supplied by REColorado. REColorado does not guarantee nor is in any way responsible for its accuracy. Data maintained by REColorado may not reflect all real estate activity in the market.
DENVER MARKET | MARKETS BY AREA
DENVER MARKET | MARKETS BY AREA
1160 Monaco Parkway, Montclair
MONTCLAIR January through December Single Family
Average Price Average Price per Square Foot Average Days on Market Highest Price Properties Sold % Sold Price to List Price
Holly to Quebec; 6th to Colfax
2015
2016
% Change
$505,135
$559,337
10.7%
$342
$360
5.3%
42
35
-16.7%
$2,731,200
$1,675,000
-38.7%
128
139
8.6%
96.9%
96.9%
0.0%
OBSERVATORY PARK January through December Single Family
Average Price Average Price per Square Foot Average Days on Market Highest Price Properties Sold % Sold Price to List Price
University to Colorado; Evans to Yale
2015
2016
% Change
$971,373
$1,005,245
3.5%
$343
$385
12.3%
59
56
-5.1%
$2,000,000
$2,245,000
12.3%
82
70
-14.6%
94.5%
94.4%
-0.1%
PARK HILL January through December Single Family
Average Price Average Price per Square Foot Average Days on Market Highest Price Properties Sold % Sold Price to List Price
Colfax to 26th; Colorado to Quebec
2015
2016
% Change
$580,862
$660,172
13.7%
$363
$399
9.9%
24
29
20.8%
$1,755,000
$2,525,000
43.9%
245
242
-1.2%
97.0%
98.7%
1.8%
MICROMARKET REPORT | DENVER METRO 2016 | COLORADOMICROREPORTS.COM Based on Information from REColorado. This representation is based in whole or in part on data supplied by REColorado. REColorado does not guarantee nor is in any way responsible for its accuracy. Data maintained by REColorado may not reflect all real estate activity in the market.
DENVER MARKET | MARKETS BY AREA
18 Arabian Place, Polo Reserve
PLATT PARK January through December 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 December Single Family
Average Price Average Price per Square Foot Average Days on Market Highest Price Properties Sold % Sold Price to List Price
Broadway to Downing; Louisiana to Evans
2015
2016
% Change
$528,432
$526,205
-0.4%
$415
$460
10.8%
13
19
46.2%
$1,065,000
$1,200,000
12.7%
96
105
9.4%
99.2%
98.8%
-0.4%
North of Mineral; South of Arabian Place; West of the S. Platte River; East of S. Platte Canyon Road
2015
2016
% Change
$969,496
$1,299,538
34.0%
$271
$280
3.4%
76
106
39.5%
$1,535,460
$1,944,000
26.6%
10
4
-60.0%
97.5%
90.5%
-7.1%
PRADERA & TIMBERS January through December Single Family
Average Price Average Price per Square Foot Average Days on Market Highest Price Properties Sold % Sold Price to List Price
Pradera and Timbers Subdivisions in Parker
2015
2016
% Change
$764,170
$769,501
0.7%
$223
$224
0.6%
84
97
15.5%
$1,929,142
$1,720,000
-10.8%
97
109
12.4%
95.4%
96.5%
1.1%
MICROMARKET REPORT | DENVER METRO 2016 | COLORADOMICROREPORTS.COM Based on Information from REColorado. This representation is based in whole or in part on data supplied by REColorado. REColorado does not guarantee nor is in any way responsible for its accuracy. Data maintained by REColorado may not reflect all real estate activity in the market.
DENVER MARKET | MARKETS BY AREA
DENVER MARKET | MARKETS BY AREA
1562 Wolff Street, Sloan’s Lake
SADDLE ROCK January through December Single Family
Average Price Average Price per Square Foot Average Days on Market Highest Price Properties Sold % Sold Price to List Price
North of E. Dry Creek Road; South of Smoky Hill Road; West of E-470; East of S. Liverpool Street
2015
2016
% Change
$542,924
$589,001
8.5%
$183
$191
4.2%
78
62
-20.5%
$1,035,000
$1,175,000
13.5%
125
97
-22.4%
96.8%
96.1%
-0.7%
SLOAN’S LAKE January through December Single Family
Average Price Average Price per Square Foot Average Days on Market Highest Price Properties Sold % Sold Price to List Price
Colfax to 29th; Sheridan to Federal
2015
2016
% Change
$516,839
$558,405
8.0%
$364
$402
10.5%
38
29
-23.7%
$2,300,000
$1,300,000
-43.5%
169
169
0.0%
96.6%
96.3%
-0.4%
SOUTHERN HILLS January through December Single Family
Average Price Average Price per Square Foot Average Days on Market Highest Price Properties Sold % Sold Price to List Price
University to Colorado; Yale to Hampden
2015
2016
% Change
$630,361
$611,853
-2.9%
$335
$344
2.8%
26
28
7.7%
$1,300,000
$1,279,000
-1.6%
42
60
42.9%
97.0%
96.0%
-1.0%
MICROMARKET REPORT | DENVER METRO 2016 | COLORADOMICROREPORTS.COM Based on Information from REColorado. This representation is based in whole or in part on data supplied by REColorado. REColorado does not guarantee nor is in any way responsible for its accuracy. Data maintained by REColorado may not reflect all real estate activity in the market.
DENVER MARKET | MARKETS BY AREA
23472 East Briarwood Drive, Tallyn’s Reach
SOUTHGLENN January through December Single Family
Average Price Average Price per Square Foot Average Days on Market Highest Price Properties Sold % Sold Price to List Price
Washington to University; Arapahoe to Dry Creek
2015
2016
% Change
$370,235
$399,667
7.9%
$204
$233
14.4%
23
18
-21.7%
$446,600
$505,000
13.1%
68
50
-26.5%
99.4%
98.0%
-1.4%
STAPLETON January through December Single Family
Average Price Average Price per Square Foot Average Days on Market Highest Price Properties Sold % Sold Price to List Price
Quebec to Havana; 23rd to 40th
2015
2016
% Change
$554,048
$597,227
7.8%
$260
$279
7.3%
27
21
-22.2%
$1,194,000
$1,475,000
23.5%
260
205
-21.2%
98.9%
99.1%
0.2%
North of E. Dry Creek; South of Smoky Hill; West of S. Powhaton; East of E-470
TALLYN’S REACH January through December Single Family
Average Price Average Price per Square Foot Average Days on Market Highest Price Properties Sold % Sold Price to List Price
2015
2016
% Change
$478,401
$509,847
6.6%
$189
$198
4.5%
50
40
-20.0%
$1,200,000
$1,300,000
8.3%
132
136
3.0%
97.7%
97.4%
-0.3%
MICROMARKET REPORT | DENVER METRO 2016 | COLORADOMICROREPORTS.COM Based on Information from REColorado. This representation is based in whole or in part on data supplied by REColorado. REColorado does not guarantee nor is in any way responsible for its accuracy. Data maintained by REColorado may not reflect all real estate activity in the market.
DENVER MARKET | MARKETS BY AREA
DENVER MARKET | MARKETS BY AREA
310 South Williams Street, Washington Park
UPTOWN Single Family and Condos
January through December 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 December 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 December Single Family
Average Price Average Price per Square Foot Average Days on Market Highest Price Properties Sold % Sold Price to List Price
North of Colfax; East of Broadway; South of 20th; 20th & Park to 19th; West of Jospehine
2015
2016
% Change
$392,085
$405,456
3.4%
$320
$345
7.9%
45
65
44.4%
$2,000,000
$975,000
-51.3%
173
198
14.5%
99.3%
99.2%
-0.1%
Louisiana to Ellsworth; Downing to University
2015
2016
% Change
$1,005,602
$1,105,901
10.0%
$508
$529
4.1%
35
45
28.6%
$4,100,000
$5,600,000
36.6%
121
144
19.0%
96.8%
97.1%
0.3%
Louisiana to Ellsworth; Broadway to Downing
2015
2016
% Change
$570,280
$580,290
1.8%
$381
$416
9.3%
27
25
-7.4%
$1,950,000
$1,325,000
-32.1%
174
168
-3.4%
99.1%
98.2%
-1.0%
MICROMARKET REPORT | DENVER METRO 2016 | COLORADOMICROREPORTS.COM Based on Information from REColorado. This representation is based in whole or in part on data supplied by REColorado. REColorado does not guarantee nor is in any way responsible for its accuracy. Data maintained by REColorado may not reflect all real estate activity in the market.
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