THE SLIFER REPORT Denver Real Estate 2020 Annual Market Review
2020 | DE NVE R , COLOR ADO
TA B L E O F CO N T E N T S Reflecting Back on 2020........................................... 3 2020 Denver Overview............................................... 4 2020 Denver Luxury Overview.............................. 5
NEIGHBORHOODS Riverfront Park & Downtown Denver.................. 6 Cherry Creek.................................................................... 7 Cherry Hills Village........................................................ 8 Greenwood Village........................................................ 9 Washington Park.......................................................... 10 River North / Five Points........................................... 11 Park Hill..............................................................................12 Hilltop..................................................................................13 Uptown & Capitol Hill................................................. 14 City Park............................................................................15 Cheesman Park & Congress Park........................ 16 Highlands & LoHi...........................................................17 Berkeley & Sunnyside................................................ 18 Sloan’s Lake.................................................................... 19 Baker & Lincoln Park................................................. 20 Platt Park...........................................................................21 >>>
2020 Land Overview.................................................22 Local Brand, Local Leaders....................................23 Global Reach..................................................................24 Notes..................................................................................25 SSF Colorado Map...............................................26-27
REFLECTING BACK EMERGING BUYER AND SELLER TRENDS AS OUR COUNTRY RECOVERS
REAL ESTATE 2020 Denver has become the natural fit for many longing for a city-meets-mountains lifestyle.
Since March, the coronavirus pandemic has changed nearly everything about our way of life. No surprise, it’s also changed the real estate industry. What buyers are looking for in a home and what sellers are expecting when they put their house on the market is quite different than it was a year ago.
and sellers want to handle transactions this way – via email, video chat and virtual showings. Open houses, and even private showings, have occupancy caps, as well as hand sanitizer and mask requirements. We know the desire for in-person showings isn’t going anywhere but we’re equipped virtually whenever needed.
In Colorado, we’ve seen an influx of people looking for an escape. Now that many can work from anywhere, buyers are looking for cities that afford them the lifestyle they want, a place where they have easy access to the outdoors and can meet their needs a little closer to home. They’re looking for home offices and turning to technology more than ever before to feel safe, comfortable, and entertained.
SSF continued our growth throughout the year, expanding our presence here in Denver in all new ways and hiring 24 new brokers and 17 new staff members company-wide. We created a New Development Sales Division that proved successful with its 14 active developments and the acquisition of the largest ski resort development in North America. Our Roaring Fork Valley brokers increased SSF’s market share in the first full year since joining in 2019. The communities we do business in mean the world to us and we’re grateful to have been able to give $287K to meaningful organizations through our charitable foundations.
Buyer demand in Denver has led to record sales. Compared to last year, sales volume in the Denver Metro Area is up by 16%, with record highs for the number of homes sold and record lows for available inventory. Luxury homes are at the forefront of Denver’s market growth, with the sale of homes priced over $2 million increasing nearly 60% compared to last year. How we work with each other and with our clients has changed as well. In March, as offices were shutting down across the country, SSF acted fast. Our teams collaborated to ramp up training and development programs, and to keep each other engaged and informed. We set up a remote infrastructure for our employees and clients so communications could all be handled virtually. More and more, buyers
Rounding the year out, Slifer Smith & Frampton announced a new partnership with Forbes Global Properties, becoming a partial owner in this brand new and exclusive real estate marketplace. This designation allows us to leverage our ability to connect with the world’s finest homes, the brokers that represent them, and high net worth clients. We are beyond excited to be joining an exceptional global brand, extending an elevated reputation and unsurpassed quality to our brokers and clients alike.
COMPARED TO LAST YEAR, SALES VOLUME IN THE DENVER METRO AREA IS UP BY 16%, WITH RECORD HIGHS FOR THE NUMBER OF HOMES SOLD AND RECORD LOWS FOR AVAILABLE INVENTORY. — DMAR 2020
Source of all data contained in this report is REColorado, Multiple Listing Service. Information is deemed reliable but not guaranteed. Consult your Slifer Smith & Frampton Broker for more information. ©2021 Slifer Smith & Frampton Real Estate
2 0 2 0 A N N UA L S L I F E R R E P O R T
3
2020 DENVER OVERVIEW T R A N SAC T I O N VO LU M E CO M PA R I S O N 70,000
NO. OF TRANSACTIONS
60,000 50,000 40,000 30,000 20,000 10,000 0
58,465
60,937
58,103
60,310
65,208
2016
2017
2018
2019
2020
SA L E S VO LU M E CO M PA R I S O N $35B $30B $25B $20B
$29,017,419,634
$33,674,814,701
0
$27,116,896,164
$5B
$26,243,559,514
$10B
$23,179,866,260
$15B
2016
2017
2018
2019
2020
*Data gathered is from Land and Residential sales from 1.1 through 12.31 of each year.
Source of all data contained in this report is REColorado, Multiple Listing Service. Information is deemed reliable but not guaranteed. Consult your Slifer Smith & Frampton Broker for more information. ©2021 Slifer Smith & Frampton Real Estate
2020 ANNUAL SLIFER REPORT 2 0 2 0 A N N UA L S L I F E R R E P O R T
4
2020 DENVER LUXURY OVERVIEW LUXU RY T R A N SAC T I O N S VO LU M E CO M PA R I S O N 3,500
NO. OF TRANSACTIONS
3,000 2,500 2,000 1,500 1,000 500 0
1,372
1,827
2,166
2,436
3,291
2016
2017
2018
2019
2020
LUXU RY SA L E S VO LU M E CO M PA R I S O N $5B $4B $3B
$3,303,588,383
$3,765,455,058
$5,117,676,314
0
$2,785,014,242
$1B
$2,085,741,476
$2B
2016
2017
2018
2019
2020
*Data gathered is from Residential sales over $1 million from 1.1 through 12.31 of each year.
Source of all data contained in this report is REColorado, Multiple Listing Service. Information is deemed reliable but not guaranteed. Consult your Slifer Smith & Frampton Broker for more information. ©2021 Slifer Smith & Frampton Real Estate
2020 ANNUAL SLIFER REPORT 2 0 2 0 A N N UA L S L I F E R R E P O R T
5
RIVERFRONT PARK & DOWNTOWN DENVER R I V E R F R O N T PA R K SALES VOLUME
NO. OF SALES
AVG. DAYS ON MARKET
AVG. SALE
MEDIAN SALE
2016
$51,139,542
87
54
$587,811
$512,000
2017
$59,788,304
97
50
$616,374
$535,000
2018
$50,127,387
73
45
$686,677
$560,000
2019
$57,793,856
68
52
$849,910
$661,100
2020
$48,729,606
72
50
$676,800
$570,000
The highest sale in Riverfront Park in 2020 was $2.6M
D OW N TOW N D E N V E R SALES VOLUME
NO. OF SALES
AVG. DAYS ON MARKET
AVG. SALE
MEDIAN SALE
2016
$202,361,606
378
47
$535,348
$468,000
2017
$253,352,992
396
48
$639,780
$506,125
2018
$238,790,913
368
53
$648,888
$515,000
2019
$257,174,781
332
57
$774,623
$603,475
2020
$211,225,738
318
60
$664,232
$529,950
AV E R AG E P R I C E P E R S Q UA R E F O OT R I V E R F R O N T PA R K
D OW N TOW N D E N V E R
2016
2017
2018
2019
2020
2016
2017
2018
2019
2020
$473
$500
$526
$543
$553
$429
$456
$471
$510
$504
SA L E P R I C E VS L I ST P R I C E CO M PA R I S O N R I V E R F R O N T PA R K AVERAGE OF SALE PRICE/LAST LISTED PRICE
D OW N TOW N D E N V E R
98%
AVERAGE OF SALE PRICE/LAST LISTED PRICE
*Data gathered is from Residential sales from 1.1 Information through is12.31 of each Source of all data contained in this report is REColorado, Multiple Listing Service. deemed reliableyear. but not guaranteed. Consult your Slifer Smith & Frampton Broker for more information. ©2021 Slifer Smith & Frampton Real Estate
2020 ANNUAL SLIFER REPORT 2 0 2 0 A N N UA L S L I F E R R E P O R T
6
98%
CHERRY CREEK S I N G L E - FA M I LY SALES VOLUME
NO. OF SALES
AVG. DAYS ON MARKET
AVG. SALE
MEDIAN SALE
2016
$43,531,907
25
45
$1,741,276
$1,520,000
2017
$18,060,900
12
53
$1,505,075
$1,038,000
2018
$26,446,000
19
49
$1,391,895
$911,000
2019
$49,031,450
22
39
$2,228,702
$2,300,000
2020
$49,400,928
28
44
$1,764,319
$1,580,843
SALES VOLUME
NO. OF SALES
AVG. DAYS ON MARKET
AVG. SALE
MEDIAN SALE
2016
$201,447,823
223
45
$903,353
$765,000
2017
$180,500,220
208
53
$867,790
$777,500
2018
$158,994,870
186
49
$854,811
$739,450
2019
$294,600,979
274
39
$1,075,186
$894,090
2020
$231,139,582
233
44
$992,015
$825,000
AT TAC H E D
AV E R AG E P R I C E P E R S Q UA R E F O OT AT TAC H E D
S I N G L E - FA M I LY 2016
2017
2018
2019
2020
2016
2017
2018
2019
2020
$340
$364
$407
$402
$375
$318
$328
$353
$393
$378
SA L E P R I C E VS L I ST P R I C E CO M PA R I S O N S I N G L E - FA M I LY AVERAGE OF SALE PRICE/LAST LISTED PRICE
AT TAC H E D AVERAGE OF SALE PRICE/LAST LISTED PRICE
96%
*Data gathered is from Residential sales from 1.1 Information through is12.31 of each Source of all data contained in this report is REColorado, Multiple Listing Service. deemed reliable year. but not guaranteed. Consult your Slifer Smith & Frampton Broker for more information. ©2021 Slifer Smith & Frampton Real Estate
2020 ANNUAL SLIFER REPORT 2 0 2 0 A N N UA L S L I F E R R E P O R T
7
98%
CHERRY HILLS VILLAGE S I N G L E - FA M I LY SALES VOLUME
NO. OF SALES
AVG. DAYS ON MARKET
AVG. SALE
MEDIAN SALE
2016
$162,518,029
78
118
$2,083,564
$1,765,000
2017
$174,730,615
75
106
$2,329,742
$1,950,000
2018
$205,948,327
88
86
$2,340,322
$1,957,500
2019
$187,667,000
77
84
$2,437,234
$2,050,000
2020
$249,968,553
91
73
$2,746,907
$2,350,000
AV E R AG E P R I C E P E R S Q UA R E F O OT S I N G L E - FA M I LY 2016
2017
2018
2019
2020
$275
$281
$313
$306
$332
SA L E P R I C E VS L I ST P R I C E CO M PA R I S O N S I N G L E - FA M I LY AVERAGE OF SALE PRICE/LAST LISTED PRICE
98%
*Data gathered is from Residential sales from 1.1 through 12.31 of each year.
Source of all data contained in this report is REColorado, Multiple Listing Service. Information is deemed reliable but not guaranteed. Consult your Slifer Smith & Frampton Broker for more information. ©2021 Slifer Smith & Frampton Real Estate
2020 ANNUAL SLIFER REPORT 2 0 2 0 A N N UA L S L I F E R R E P O R T
8
GREENWOOD VILLAGE S I N G L E - FA M I LY SALES VOLUME
NO. OF SALES
AVG. DAYS ON MARKET
AVG. SALE
MEDIAN SALE
2016
$188,080,539
148
65
$1,270,814
$1,088,500
2017
$195,624,781
156
65
$1,254,005
$1,130,500
2018
$232,766,836
162
61
$1,436,832
$1,277,500
2019
$218,284,085
156
50
$1,399,257
$1,200,000
2020
$296,789,269
194
35
$1,529,842
$1,375,000
Average days on market has decreased by 46% since 2016
AT TAC H E D SALES VOLUME
NO. OF SALES
AVG. DAYS ON MARKET
AVG. SALE
MEDIAN SALE
2016
$54,491,957
121
37
$450,347
$327,000
2017
$47,238,335
100
32
$472,383
$364,188
2018
$46,081,055
90
26
$512,012
$350,000
2019
$50,988,790
97
36
$525,658
$405,000
2020
$51,402,000
91
51
$564,857
$395,000
AV E R AG E P R I C E P E R S Q UA R E F O OT AT TAC H E D
S I N G L E - FA M I LY 2016
2017
2018
2019
2020
2016
2017
2018
2019
2020
$221
$223
$237
$237
$257
$228
$243
$258
$262
$273
Price per square foot for attached homes has increased 20% since 2016
SA L E P R I C E VS L I ST P R I C E CO M PA R I S O N S I N G L E - FA M I LY AVERAGE OF SALE PRICE/LAST LISTED PRICE
AT TAC H E D
99%
AVERAGE OF SALE PRICE/LAST LISTED PRICE
*Data gathered is from Residential sales from 1.1 through 12.31 of each year.
Source of all data contained in this report is REColorado, Multiple Listing Service. Information is deemed reliable but not guaranteed. Consult your Slifer Smith & Frampton Broker for more information. ©2021 Slifer Smith & Frampton Real Estate
2020 ANNUAL SLIFER REPORT 2 0 2 0 A N N UA L S L I F E R R E P O R T
9
99%
WASHINGTON PARK S I N G L E - FA M I LY SALES VOLUME
NO. OF SALES
AVG. DAYS ON MARKET
AVG. SALE
MEDIAN SALE
2016
$122,399,585
114
31
$1,073,681
$852,500
2017
$117,104,897
108
39
$1,084,305
$903,750
2018
$120,930,060
99
27
$1,221,516
$970,000
2019
$143,631,834
113
31
$1,271,078
$1,050,000
2020
$196,052,900
130
32
$1,508,099
$1,349,500
AV E R AG E P R I C E P E R S Q UA R E F O OT S I N G L E - FA M I LY 2016
2017
2018
2019
2020
$323
$331
$367
$360
$417
SA L E P R I C E VS L I ST P R I C E CO M PA R I S O N S I N G L E - FA M I LY AVERAGE OF SALE PRICE/LAST LISTED PRICE
99%
*Data gathered is from Residential sales from 1.1 through 12.31 of each year.
Source of all data contained in this report is REColorado, Multiple Listing Service. Information is deemed reliable but not guaranteed. Consult your Slifer Smith & Frampton Broker for more information. ©2021 Slifer Smith & Frampton Real Estate
2020 ANNUAL SLIFER REPORT 2 0 2 0 A N N UA L S L I F E R R E P O R T
10
RINO / FIVE POINTS S I N G L E - FA M I LY SALES VOLUME
NO. OF SALES
AVG. DAYS ON MARKET
AVG. SALE
MEDIAN SALE
2016
$33,153,755
64
42
$518,027
$494,000
2017
$34,724,912
59
25
$588,558
$547,525
2018
$34,613,750
59
24
$586,674
$552,000
2019
$32,966,527
48
32
$686,803
$659,000
2020
$35,227,774
53
15
$664,675
$674,999
Average sales price has increased 28% since 2016
AT TAC H E D SALES VOLUME
NO. OF SALES
AVG. DAYS ON MARKET
AVG. SALE
MEDIAN SALE
2016
$127,032,552
287
29
$442,622
$439,080
2017
$134,205,390
279
32
$481,023
$442,900
2018
$113,845,383
211
33
$539,552
$476,000
2019
$113,948,990
218
41
$522,702
$505,000
2020
$130,412,585
259
43
$503,523
$465,000
AV E R AG E P R I C E P E R S Q UA R E F O OT CO M PA R I S O N S I N G L E - FA M I LY
AT TAC H E D
2016
2017
2018
2019
2020
2016
2017
2018
2019
2020
$257
$290
$299
$321
$338
$345
$361
$419
$416
$417
SA L E P R I C E VS L I ST P R I C E CO M PA R I S O N S I N G L E - FA M I LY AVERAGE OF SALE PRICE/LAST LISTED PRICE
AT TAC H E D
100%
AVERAGE OF SALE PRICE/LAST LISTED PRICE
*Data gathered is from Residential sales from 1.1 through 12.31 of each year.
Source of all data contained in this report is REColorado, Multiple Listing Service. Information is deemed reliable but not guaranteed. Consult your Slifer Smith & Frampton Broker for more information. ©2021 Slifer Smith & Frampton Real Estate
2020 ANNUAL SLIFER REPORT 2 0 2 0 A N N UA L S L I F E R R E P O R T
11
99%
PARK HILL S I N G L E - FA M I LY SALES VOLUME
NO. OF SALES
AVG. DAYS ON MARKET
AVG. SALE
MEDIAN SALE
2016
$275,292,030
536
24
$513,605
$435,500
2017
$276,557,270
493
21
$560,968
$499,995
2018
$291,062,146
479
21
$607,645
$525,000
2019
$287,802,908
461
25
$624,301
$523,700
2020
$341,814,948
507
21
$674,191
$595,000
SALES VOLUME
NO. OF SALES
AVG. DAYS ON MARKET
AVG. SALE
MEDIAN SALE
2016
$25,579,217
97
22
$263,703
$241,000
2017
$25,316,245
84
20
$301,384
$277,500
2018
$23,406,604
76
21
$307,982
$280,000
2019
$26,092,953
81
27
$322,135
$315,000
2020
$34,161,250
98
24
$348,584
$325,000
AT TAC H E D
AV E R AG E P R I C E P E R S Q UA R E F O OT S I N G L E - FA M I LY
AT TAC H E D
2016
2017
2018
2019
2020
2016
2017
2018
2019
2020
$237
$257
$275
$280
$306
$243
$265
$301
$288
$293
SA L E P R I C E VS L I ST P R I C E CO M PA R I S O N S I N G L E - FA M I LY AVERAGE OF SALE PRICE/LAST LISTED PRICE
AT TAC H E D
100% AVERAGE OF SALE PRICE/LAST LISTED PRICE
*Data gathered is from Residential sales from 1.1 through 12.31 of each year.
Source of all data contained in this report is REColorado, Multiple Listing Service. Information is deemed reliable but not guaranteed. Consult your Slifer Smith & Frampton Broker for more information. ©2021 Slifer Smith & Frampton Real Estate
2020 ANNUAL SLIFER REPORT 2 0 2 0 A N N UA L S L I F E R R E P O R T
12
100%
HILLTOP S I N G L E - FA M I LY SALES VOLUME
NO. OF SALES
AVG. DAYS ON MARKET
AVG. SALE
MEDIAN SALE
2016
$153,850,823
148
55
$1,039,533
$863,100
2017
$196,419,829
151
47
$1,300,794
$1,150,000
2018
$178,200,415
147
41
$1,212,248
$1,060,000
2019
$204,281,693
161
37
$1,268,830
$1,150,000
2020
$266,029,621
179
46
$1,486,199
$1,295,000
AV E R AG E P R I C E P E R S Q UA R E F O OT S I N G L E - FA M I LY 2016
2017
2018
2019
2020
$285
$292
$300
$323
$348
SA L E P R I C E VS L I ST P R I C E CO M PA R I S O N S I N G L E - FA M I LY AVERAGE OF SALE PRICE/LAST LISTED PRICE
98%
*Data gathered is from Residential sales from 1.1 through 12.31 of each year.
Source of all data contained in this report is REColorado, Multiple Listing Service. Information is deemed reliable but not guaranteed. Consult your Slifer Smith & Frampton Broker for more information. ©2021 Slifer Smith & Frampton Real Estate
2020 ANNUAL SLIFER REPORT 2 0 2 0 A N N UA L S L I F E R R E P O R T
13
UPTOWN & CAPITOL HILL S I N G L E - FA M I LY SALES VOLUME
NO. OF SALES
AVG. DAYS ON MARKET
AVG. SALE
MEDIAN SALE
2016
$15,177,212
23
31
$659,879
$607,500
2017
$14,950,900
18
38
$830,606
$762,450
2018
$17,171,200
20
29
$858,560
$745,500
2019
$17,083,300
20
45
$854,165
$745,000
2020
$13,406,500
17
26
$788,618
$775,000
SALES VOLUME
NO. OF SALES
AVG. DAYS ON MARKET
AVG. SALE
MEDIAN SALE
2016
$119,175,865
387
19
$307,948
$295,000
2017
$140,909,240
426
21
$330,773
$308,250
2018
$176,146,845
465
28
$378,810
$337,500
2019
$140,223,194
405
28
$346,230
$310,000
2020
$137,079,705
377
37
$363,607
$340,000
AT TAC H E D
AV E R AG E P R I C E P E R S Q UA R E F O OT S I N G L E - FA M I LY
AT TAC H E D
2016
2017
2018
2019
2020
2016
2017
2018
2019
2020
$208
$236
$270
$283
$328
$323
$340
$369
$366
$374
SA L E P R I C E VS L I ST P R I C E CO M PA R I S O N S I N G L E - FA M I LY AVERAGE OF SALE PRICE/LAST LISTED PRICE
AT TAC H E D
98% AVERAGE OF SALE PRICE/LAST LISTED PRICE
*Data gathered is from Residential sales from 1.1 through 12.31 of each year.
Source of all data contained in this report is REColorado, Multiple Listing Service. Information is deemed reliable but not guaranteed. Consult your Slifer Smith & Frampton Broker for more information. ©2021 Slifer Smith & Frampton Real Estate
2020 ANNUAL SLIFER REPORT 2 0 2 0 A N N UA L S L I F E R R E P O R T
14
99%
CITY PARK & CITY PARK WEST S I N G L E - FA M I LY SALES VOLUME
NO. OF SALES
AVG. DAYS ON MARKET
AVG. SALE
MEDIAN SALE
2016
$34,966,949
55
26
$635,763
$599,999
2017
$27,504,465
43
21
$639,639
$625,000
2018
$31,851,316
44
14
$723,894
$748,500
2019
$22,288,400
32
26
$696,513
$690,000
2020
$38,050,474
52
27
$731,740
$699,000
SALES VOLUME
NO. OF SALES
AVG. DAYS ON MARKET
AVG. SALE
MEDIAN SALE
2016
$56,991,564
139
18
$410,011
$410,000
2017
$73,496,590
143
29
$513,962
$445,000
2018
$47,500,549
102
17
$465,692
$452,250
2019
$61,140,442
114
32
$536,320
$506,278
2020
$68,207,758
122
29
$559,080
$512,250
AT TAC H E D
Average sales price has increased 36% since 2016
AV E R AG E P R I C E P E R S Q UA R E F O OT S I N G L E - FA M I LY
AT TAC H E D
2016
2017
2018
2019
2020
2016
2017
2018
2019
2020
$238
$251
$295
$298
$317
$327
$346
$361
$378
$380
SA L E P R I C E VS L I ST P R I C E CO M PA R I S O N S I N G L E - FA M I LY AVERAGE OF SALE PRICE/LAST LISTED PRICE
AT TAC H E D
100%
AVERAGE OF SALE PRICE/LAST LISTED PRICE
*Data gathered is from Residential sales from 1.1 through 12.31 of each year.
Source of all data contained in this report is REColorado, Multiple Listing Service. Information is deemed reliable but not guaranteed. Consult your Slifer Smith & Frampton Broker for more information. ©2021 Slifer Smith & Frampton Real Estate
2020 ANNUAL SLIFER REPORT 2 0 2 0 A N N UA L S L I F E R R E P O R T
15
100%
CHEESMAN PARK & CONGRESS PARK S I N G L E - FA M I LY SALES VOLUME
NO. OF SALES
AVG. DAYS ON MARKET
AVG. SALE
MEDIAN SALE
2016
$123,001,192
170
26
$723,536
$654,000
2017
$113,093,679
156
25
$724,959
$672,500
2018
$115,011,572
138
17
$833,417
$767,500
2019
$117,530,514
129
28
$911,089
$753,000
2020
$146,940,326
164
25
$895,978
$820,000
SALES VOLUME
NO. OF SALES
AVG. DAYS ON MARKET
AVG. SALE
MEDIAN SALE
2016
$84,386,138
248
19
$340,267
$302,250
2017
$80,212,937
244
23
$328,742
$289,950
2018
$81,737,957
217
23
$376,673
$320,000
2019
$90,475,784
235
29
$385,003
$310,000
2020
$94,523,456
243
42
$388,985
$335,000
AT TAC H E D
AV E R AG E P R I C E P E R S Q UA R E F O OT S I N G L E - FA M I LY
AT TAC H E D
2016
2017
2018
2019
2020
2016
2017
2018
2019
2020
$256
$284
$297
$313
$329
$311
$345
$371
$367
$369
SA L E P R I C E VS L I ST P R I C E CO M PA R I S O N AT TAC H E D
S I N G L E - FA M I LY AVERAGE OF SALE PRICE/LAST LISTED PRICE
99% AVERAGE OF SALE PRICE/LAST LISTED PRICE
*Data gathered is from Residential sales from 1.1 through 12.31 of each year.
Source of all data contained in this report is REColorado, Multiple Listing Service. Information is deemed reliable but not guaranteed. Consult your Slifer Smith & Frampton Broker for more information. ©2021 Slifer Smith & Frampton Real Estate
2020 ANNUAL SLIFER REPORT 2 0 2 0 A N N UA L S L I F E R R E P O R T
16
99%
HIGHLANDS & LOHI S I N G L E - FA M I LY SALES VOLUME
NO. OF SALES
AVG. DAYS ON MARKET
AVG. SALE
MEDIAN SALE
2016
$58,205,432
96
43
$606,307
$557,995
2017
$79,494,808
120
31
$662,457
$570,000
2018
$59,212,723
86
24
$688,520
$622,000
2019
$76,108,285
91
36
$836,355
$751,000
2020
$95,962,910
109
30
$880,394
$807,000
SALES VOLUME
NO. OF SALES
AVG. DAYS ON MARKET
AVG. SALE
MEDIAN SALE
2016
$131,040,292
96
39
$548,286
$524,000
2017
$106,032,547
120
43
$579,413
$515,000
2018
$126,347,317
86
26
$584,941
$575,500
2019
$136,611,145
91
37
$641,367
$600,000
2020
$153,015,674
109
37
$634,920
$567,000
AT TAC H E D
AV E R AG E P R I C E P E R S Q UA R E F O OT AT TAC H E D
S I N G L E - FA M I LY 2016
2017
2018
2019
2020
2016
2017
2018
2019
2020
$277
$315
$334
$381
$380
$357
$379
$402
$402
$426
Average price per square foot for single-family has increased 37% since 2016 SA L E P R I C E VS L I ST P R I C E CO M PA R I S O N AT TAC H E D
S I N G L E - FA M I LY AVERAGE OF SALE PRICE/LAST LISTED PRICE
99% AVERAGE OF SALE PRICE/LAST LISTED PRICE
*Data gathered is from Residential sales from 1.1 through 12.31 of each year.
Source of all data contained in this report is REColorado, Multiple Listing Service. Information is deemed reliable but not guaranteed. Consult your Slifer Smith & Frampton Broker for more information. ©2021 Slifer Smith & Frampton Real Estate
2020 ANNUAL SLIFER REPORT 2 0 2 0 A N N UA L S L I F E R R E P O R T
17
99%
BERKELEY & SUNNYSIDE S I N G L E - FA M I LY SALES VOLUME
NO. OF SALES
AVG. DAYS ON MARKET
AVG. SALE
MEDIAN SALE
2016
$164,138,346
353
30
$464,981
$432,000
2017
$191,348,001
373
29
$512,997
$488,500
2018
$200,369,848
352
34
$569,233
$535,000
2019
$215,120,572
363
31
$592,619
$555,000
2020
$253,516,399
392
29
$646,726
$585,000
SALES VOLUME
NO. OF SALES
AVG. DAYS ON MARKET
AVG. SALE
MEDIAN SALE
2016
$74,837,182
138
30
$542,298
$589,500
2017
$101,181,348
179
29
$565,259
$545,000
2018
$152,775,960
245
34
$623,575
$620,000
2019
$117,904,720
189
31
$623,834
$605,500
2020
$216,164,213
335
29
$645,266
$619,000
AT TAC H E D
AV E R AG E P R I C E P E R S Q UA R E F O OT S I N G L E - FA M I LY
AT TAC H E D
2016
2017
2018
2019
2020
2016
2017
2018
2019
2020
$267
$293
$325
$322
$358
$294
$311
$336
$341
$370
SA L E P R I C E VS L I ST P R I C E CO M PA R I S O N S I N G L E - FA M I LY AVERAGE OF SALE PRICE/LAST LISTED PRICE
AT TAC H E D
100%
AVERAGE OF SALE PRICE/LAST LISTED PRICE
*Data gathered is from Residential sales from 1.1 through 12.31 of each year.
Source of all data contained in this report is REColorado, Multiple Listing Service. Information is deemed reliable but not guaranteed. Consult your Slifer Smith & Frampton Broker for more information. ©2021 Slifer Smith & Frampton Real Estate
2020 ANNUAL SLIFER REPORT 2 0 2 0 A N N UA L S L I F E R R E P O R T
18
100%
SLOAN'S LAKE S I N G L E - FA M I LY SALES VOLUME
NO. OF SALES
AVG. DAYS ON MARKET
AVG. SALE
MEDIAN SALE
2016
$92,101,035
164
24
$561,592
$508,000
2017
$76,587,562
120
24
$638,230
$576,750
2018
$88,541,300
132
21
$670,767
$620,000
2019
$97,735,349
139
29
$703,132
$632,000
2020
$105,822,250
137
19
$772,425
$715,000
Median sale price has increased 41% since 2016 AT TAC H E D SALES VOLUME
NO. OF SALES
AVG. DAYS ON MARKET
AVG. SALE
MEDIAN SALE
2016
$125,247,227
234
57
$535,245
$536,000
2017
$129,721,371
227
45
$571,460
$565,000
2018
$141,530,083
236
32
$599,704
$564,500
2019
$119,046,285
195
46
$610,494
$590,000
2020
$191,677,009
288
44
$665,545
$590,000
AV E R AG E P R I C E P E R S Q UA R E F O OT S I N G L E - FA M I LY
AT TAC H E D
2016
2017
2018
2019
2020
2016
2017
2018
2019
2020
$273
$287
$320
$329
$359
$297
$317
$340
$370
$386
SA L E P R I C E VS L I ST P R I C E CO M PA R I S O N S I N G L E - FA M I LY AVERAGE OF SALE PRICE/LAST LISTED PRICE
AT TAC H E D
100%
AVERAGE OF SALE PRICE/LAST LISTED PRICE
*Data gathered is from Residential sales from 1.1 through 12.31 of each year.
Source of all data contained in this report is REColorado, Multiple Listing Service. Information is deemed reliable but not guaranteed. Consult your Slifer Smith & Frampton Broker for more information. ©2021 Slifer Smith & Frampton Real Estate
2020 ANNUAL SLIFER REPORT 2 0 2 0 A N N UA L S L I F E R R E P O R T
19
100%
BAKER & LINCOLN PARK S I N G L E - FA M I LY SALES VOLUME
NO. OF SALES
AVG. DAYS ON MARKET
AVG. SALE
MEDIAN SALE
2016
$45,046,840
110
13
$409,517
$400,000
2017
$44,250,212
97
19
$456,188
$449,900
2018
$49,743,850
101
18
$492,513
$470,000
2019
$61,204,132
118
25
$518,679
$505,500
2020
$65,633,601
119
14
$551,543
$560,000
SALES VOLUME
NO. OF SALES
AVG. DAYS ON MARKET
AVG. SALE
MEDIAN SALE
2016
$36,106,388
106
16
$340,626
$310,000
2017
$56,889,726
148
25
$384,390
$356,450
2018
$42,442,874
103
25
$412,067
$359,900
2019
$61,838,437
142
44
$435,482
$381,500
2020
$83,135,675
192
43
$432,998
$387,500
AT TAC H E D
AV E R AG E P R I C E P E R S Q UA R E F O OT S I N G L E - FA M I LY
AT TAC H E D
2016
2017
2018
2019
2020
2016
2017
2018
2019
2020
$272
$302
$337
$330
$357
$334
$337
$366
$383
$393
SA L E P R I C E VS L I ST P R I C E CO M PA R I S O N S I N G L E - FA M I LY AVERAGE OF SALE PRICE/LAST LISTED PRICE
AT TAC H E D
100%
AVERAGE OF SALE PRICE/LAST LISTED PRICE
*Data gathered is from Residential sales from 1.1 through 12.31 of each year.
Source of all data contained in this report is REColorado, Multiple Listing Service. Information is deemed reliable but not guaranteed. Consult your Slifer Smith & Frampton Broker for more information. ©2021 Slifer Smith & Frampton Real Estate
2020 ANNUAL SLIFER REPORT 2 0 2 0 A N N UA L S L I F E R R E P O R T
20
100%
PLATT PARK S I N G L E - FA M I LY SALES VOLUME
NO. OF SALES
AVG. DAYS ON MARKET
AVG. SALE
MEDIAN SALE
2016
$61,701,785
117
18
$527,366
$500,000
2017
$57,000,896
93
14
$612,913
$574,000
2018
$80,827,906
119
21
$679,226
$630,000
2019
$78,407,962
108
24
$726,000
$638,500
2020
$104,991,763
124
17
$846,708
$715,000
Average sale price has increased 60% since 2016 AT TAC H E D SALES VOLUME
NO. OF SALES
AVG. DAYS ON MARKET
AVG. SALE
MEDIAN SALE
2016
$28,936,300
44
18
$657,643
$699,500
2017
$27,522,600
41
21
$671,283
$735,000
2018
$23,434,575
33
20
$710,139
$745,000
2019
$30,925,043
52
47
$594,712
$497,625
2020
$30,312,300
44
40
$688,916
$635,000
AV E R AG E P R I C E P E R S Q UA R E F O OT S I N G L E - FA M I LY
AT TAC H E D
2016
2017
2018
2019
2020
2016
2017
2018
2019
2020
$278
$309
$332
$341
$364
$257
$272
$288
$380
$362
SA L E P R I C E VS L I ST P R I C E CO M PA R I S O N S I N G L E - FA M I LY AVERAGE OF SALE PRICE/LAST LISTED PRICE
AT TAC H E D
100%
AVERAGE OF SALE PRICE/LAST LISTED PRICE
*Data gathered is from Residential sales from 1.1 through 12.31 of each year.
Source of all data contained in this report is REColorado, Multiple Listing Service. Information is deemed reliable but not guaranteed. Consult your Slifer Smith & Frampton Broker for more information. ©2021 Slifer Smith & Frampton Real Estate
2020 ANNUAL SLIFER REPORT 2 0 2 0 A N N UA L S L I F E R R E P O R T
21
100%
2020 LAND REVIEW T R A N SAC T I O N VO LU M E CO M PA R I S O N 1,800
NO. OF TRANSACTIONS
1,600 1,400 1,200 1,000 800 600 400 200 0
1,470
1,624
1,539
1,408
1,746
2016
2017
2018
2019
2020
SA L E S VO LU M E CO M PA R I S O N $450M $400M $350M $300M $250M $200M
$371,612,812
$416,856,244
0
$358,655,938
$50M
$334,274,463
$100M
$300,483,132
$150M
2016
2017
2018
2019
2020
*Data gathered is from Land sales from 1.1 through 12.31 of each year.
Source of all data contained in this report is REColorado, Multiple Listing Service. Information is deemed reliable but not guaranteed. Consult your Slifer Smith & Frampton Broker for more information. ©2021 Slifer Smith & Frampton Real Estate
2020 ANNUAL SLIFER REPORT 2 0 2 0 A N N UA L S L I F E R R E P O R T
22
LOCAL BRAND, LOCAL LEADERS FROM THE HEART OF DENVER TO THE HEIGHTS OF THE COLORADO ROCKIES
Headquartered in Avon, Colorado, SSF has grown to include a team of more than 240 brokers, 100 support staff across 33 locations spanning Denver, the Vail Valley, the Roaring Fork Valley, and Summit County. Our brokers have an average of 20 years’ experience, providing clients with an unsurpassed wealth of local knowledge.
240+
100+
30+
BROKERS
SUPPORT STAFF
OFFICES
*Data gathered is from Land and Residential sales from 1.1.20 - 12.31.20 Source of all data is the REcolorado Multiple Listing Service. Information is deemed reliable but not guaranteed.
Source of all data contained in this report is REColorado, Multiple Listing Service. Information is deemed reliable but not guaranteed. Consult your Slifer Smith & Frampton Broker for more information. ©2021 Slifer Smith & Frampton Real Estate
2020 SLIFER 2 0 2ANNUAL 0 A N N UA L S L I F E R R EREPORT PORT 23
LOCAL LOCAL
COMPANY, COMPANY,
GLOBAL GLOBAL
REACH. REACH. Slifer Smith & Frampton becomes founding member and partial owner of Forbes Global Properties. Completely unique to the real estate industry, this elite network is backed by the world's most famous business media brand whose name says it all. SSF is one of the first firms in the world selected for this exclusive membership to a new consumer marketplace that connects buyers directly to the world's finest homes, as well as the brokers that represent them. Slifer Smith & Frampton Real Estate remains locally owned and operated, capitalizing on Forbes' worldwide reach of 140 million monthly global visitors. We're proud to have joined an exceptional global brand that helps us continue our saying of "We're just getting started."
Find your dream home at Find your mountain dream at:
SliferDenver.com
VailRealEstate.com
Source of all data contained in this report is REColorado, Multiple Listing Service. Information is deemed reliable but not guaranteed. Consult your Slifer Smith & Frampton Broker for more information. Š2021 Slifer Smith & Frampton Real Estate
2020 AN N UA LLOCAL SLIFER R EPO R T 50 years Helping people LIVE for over
24
MY NOTES
2 0 2 0 A N N UA L S L I F E R R E P O R T
25
YOUR ROCKY MOUNTAIN CORRIDOR REAL ESTATE CONNECTION.
Source of all data contained in this report is REColorado, Multiple Listing Service. Information is deemed reliable but not guaranteed. Consult your Slifer Smith & Frampton Broker for more information. ©2021 Slifer Smith & Frampton Real Estate
2 0 2 0 A N N UA L S L I F E R R E P O R T
26
Home can take you anywhere. Wherever your Colorado home awaits, a Slifer broker is never far away to find it for you.
SliferSmithandFrampton.com
Source of all data contained in this report is REColorado, Multiple Listing Service. Information is deemed reliable but not guaranteed. Consult your Slifer Smith & Frampton Broker for more information. Š2021 Slifer Smith & Frampton Real Estate
2 0 2 0 A N N UA L S L I F E R R E P O R T
27
2020 | DE NVE R , COLOR ADO
