LIV
MICRO MARKET REPORTS
FOOTHILLS | 2016
32621 Mount Valentine Drive, Evergreen
C O LO R A D O M I C R O R E P O RTS .C O M
FOOTHILLS NEIGHBORHOODS
18
19 14
1 7
6
20
8
9 13
2
15 3
10 5
16 17
4 11 12
1. Soda Creek
8. Hiwan Country Club
15. Bear Mountain
2. Upper Bear Creek
9. Tanoa
16. Evergreen Highlands
3. Hangen Ranch
10. Evergreen Valley Estates
17. Evergreen Meadows
4. Shadow Mountain
11. Evergreen Meadows West
18. Lookout Mountain
5. Brook Forest
12. Conifer Mountain
19. Mt. Vernon Country Club
6. Genesee
13. Hiwan Hills
20. Riva Chase
7. Ridge at Hiwan
14. Spring Ranch
MICROMARKET REPORT | FOOTHILLS 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.
FOOTHILLS AREA The Foothills Area 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 Foothills of Denver metro and its surrounding areas are located in western Jefferson County and include higher terrain areas between 6,000 and 9,000 feet west of Denver that parallel the Front Range Mountains. The foothills are consistently rated as some of the best places to live, work, and raise a family in Colorado, and provide much closer proximity to weekend getaways in the mountains. The foothills stretch from Roxborough State Park, north, to the west side of Fort Collins. Cities and towns in the foothills region included in this report include Evergreen, Genesee and Conifer. Highlights from the Foothills area include Hangen Ranch’s average price rising to $678,000, up 14.3% since 2015. Soda Creeks’ average price also rose 11.7% to $1,231,146 over 2015, and Evergreen Meadows’s average price rose, 10.9%, to $580,295, over 2015. Lookout Mountain’s average price rose slightly, up 2.9% to $680,826 over 2015. A continued strong demand in the Foothills is projected as the result of the many positive economic variables that living in the Colorado Foothills affords.
2016 Highlights: • Hangen Ranch’s average price is $678,000 14.3%
• Lookout Mountain’s average price is $680,826 2.9%
• Evergreen Meadows’s average price is $580,295 10.9%
• Soda Creeks’s average price is $1,231,146 11.7%
MICROMARKET REPORT | FOOTHILLS 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.
FOOTHILLS MARKET | MARKETS BY AREA
BEAR MOUNTAIN 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
$654,028
$791,133
21.0%
$225
$236
4.8%
99
40
-59.6%
$1,349,250
$1,057,000
-21.7%
9
6
-33.3%
88.7%
96.1%
8.3%
2015
2016
% Change
$351,080
$353,515
0.7%
$226
$278
23.1%
25
21
-16.0%
$557,000
$485,000
-12.9%
35
27
-22.9%
97.6%
97.9%
0.3%
2015
2016
% Change
$486,025
$510,506
5.0%
$228
$246
8.1%
71
40
-43.7%
$1,100,000
$862,500
-21.6%
29
31
6.9%
96.6%
97.8%
1.2%
BROOK FOREST January through December Average Price Average Price per Square Foot Average Days on Market Highest Price Properties Sold % Sold Price to List Price
CONIFER MOUNTAIN January through December Average Price Average Price per Square Foot Average Days on Market Highest Price Properties Sold % Sold Price to List Price
MICROMARKET REPORT | FOOTHILLS 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.
FOOTHILLS MARKET | MARKETS BY AREA
EVERGREEN HIGHLANDS 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
$555,833
$589,600
6.1%
$220
$241
9.6%
47
42
-10.6%
$732,500
$715,000
-2.4%
9
8
-11.1%
95.7%
95.6%
-0.1%
2015
2016
% Change
$523,197
$580,295
10.9%
$225
$224
-0.3%
44
33
-25.0%
$874,000
$890,000
1.8%
30
33
10.0%
98.5%
96.7%
-1.8%
2015
2016
% Change
$454,900
$507,424
11.5%
$208
$208
0.2%
60
72
20.0%
$632,000
$1,231,400
94.8%
18
17
-5.6%
98.2%
97.1%
-1.1%
EVERGREEN MEADOWS January through December Average Price Average Price per Square Foot Average Days on Market Highest Price Properties Sold % Sold Price to List Price
EVERGREEN MEADOWS WEST January through December Average Price Average Price per Square Foot Average Days on Market Highest Price Properties Sold % Sold Price to List Price
MICROMARKET REPORT | FOOTHILLS 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.
FOOTHILLS MARKET | MARKETS BY AREA
EVERGREEN PARK ESTATES 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
$395,167
$540,521
36.8%
$266
$282
6.2%
16
46
187.5%
$469,000
$1,000,000
113.2%
6
14
133.3%
101.2%
96.2%
-4.9%
2015
2016
% Change
$789,636
$747,913
-5.3%
$294
$290
-1.5%
65
70
7.7%
$1,895,900
$1,675,000
-11.7%
53
56
5.7%
94.9%
96.1%
1.2%
2015
2016
% Change
$593,050
$678,000
14.3%
$226
$271
20.1%
90
87
-3.3%
$792,250
$880,000
11.1%
5
5
0.0%
98.2%
93.4%
-4.9%
GENESEE January through December Average Price Average Price per Square Foot Average Days on Market Highest Price Properties Sold % Sold Price to List Price
HANGEN RANCH January through December Average Price Average Price per Square Foot Average Days on Market Highest Price Properties Sold % Sold Price to List Price
MICROMARKET REPORT | FOOTHILLS 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.
FOOTHILLS MARKET | MARKETS BY AREA
HIWAN COUNTRY CLUB 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
$720,646
$725,286
0.6%
$245
$291
18.9%
69
40
-42.0%
$1,187,500
$1,275,000
7.4%
19
25
31.6%
95.9%
97.1%
1.3%
2015
2016
% Change
$531,591
$509,443
-4.2%
$258
$283
9.6%
32
17
-46.9%
$840,000
$872,000
3.8%
22
24
9.1%
99.4%
99.2%
-0.2%
2015
2016
% Change
$661,579
$680,826
2.9%
$288
$289
0.5%
89
52
-41.6%
$1,200,000
$980,000
-18.3%
21
19
-9.5%
94.7%
96.4%
1.8%
HIWAN HILLS January through December Average Price Average Price per Square Foot Average Days on Market Highest Price Properties Sold % Sold Price to List Price
LOOKOUT MOUNTAIN January through December Average Price Average Price per Square Foot Average Days on Market Highest Price Properties Sold % Sold Price to List Price
MICROMARKET REPORT | FOOTHILLS 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.
FOOTHILLS MARKET | MARKETS BY AREA
MT. VERNON COUNTRY CLUB 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
$372,000
$614,625
65.2%
$248
$260
5.0%
23
39
69.6%
$372,000
$681,000
83.1%
1
4
300.0%
93.0%
91.4%
-1.7%
2015
2016
% Change
$960,285
$934,250
-2.7%
$252
$297
17.8%
126
68
-46.0%
$3,350,000
$1,800,000
-46.3%
29
24
-17.2%
95.1%
96.2%
1.2%
2015
2016
% Change
$864,828
$869,167
0.5%
$265
$257
-2.9%
65
116
78.5%
$1,525,000
$1,100,000
-27.9%
9
12
33.3%
96.8%
95.5%
-1.4%
RIDGE AT HIWAN January through December Average Price Average Price per Square Foot Average Days on Market Highest Price Properties Sold % Sold Price to List Price
RIVA CHASE January through December Average Price Average Price per Square Foot Average Days on Market Highest Price Properties Sold % Sold Price to List Price
MICROMARKET REPORT | FOOTHILLS 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.
FOOTHILLS MARKET | MARKETS BY AREA
SHADOW MOUNTAIN 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
$418,971
$389,836
-7.0%
$246
$221
-10.1%
7
36
414.3%
$640,000
$692,500
8.2%
8
18
125.0%
100.7%
93.6%
-7.1%
2015
2016
% Change
$1,102,561
$1,231,146
11.7%
$310
$302
-2.4%
131
95
-27.5%
$2,645,000
$2,913,550
10.2%
18
14
-22.2%
92.3%
90.3%
-2.1%
2015
2016
% Change
$1,237,500
$1,107,000
-10.5%
$379
$316
-16.6%
43
72
67.4%
$1,350,000
$1,290,000
-4.4%
2
4
100.0%
95.3%
93.0%
-2.5%
SODA CREEK January through December Average Price Average Price per Square Foot Average Days on Market Highest Price Properties Sold % Sold Price to List Price
SPRING RANCH January through December Average Price Average Price per Square Foot Average Days on Market Highest Price Properties Sold % Sold Price to List Price
MICROMARKET REPORT | FOOTHILLS 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.
FOOTHILLS MARKET | MARKETS BY AREA
TANOA 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
$668,000
$779,400
16.7%
$240
$235
-2.1%
63
43
-31.7%
$880,000
$1,135,000
29.0%
5
5
0.0%
97.4%
96.0%
-1.4%
2015
2016
% Change
$1,158,333
$714,800
-38.3%
$408
$280
-31.3%
187
88
-52.9%
$2,625,000
$930,000
-64.6%
6
5
-16.7%
90.7%
94.0%
3.7%
UPPER BEAR CREEK January through December Average Price Average Price per Square Foot Average Days on Market Highest Price Properties Sold % Sold Price to List Price
MICROMARKET REPORT | FOOTHILLS 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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