THE SLIFER REPORT Q1 2022 DENVER | Quarterly Real Estate Market Review
CO N T E N T S Summary of Metro Denver Counties................... 3 Forbes Global Properties........................................... 4 Denver Market Overview........................................... 6 Denver Luxury Market Overview............................7 Denver Land Overview............................................ 20 Leading Industry Networks.....................................21 OUR
CO M M U N I T I E S
Adams County................................................................ 8 Arapahoe County..........................................................9 Boulder County............................................................ 10 Broomfield County....................................................... 11 Clear Creek County..................................................... 12 Denver County...............................................................13 New Developments.....................................................14 Douglas County.............................................................15 Elbert County.................................................................16 Gilpin County.................................................................. 17 Jefferson County..........................................................18 Park County.....................................................................19
Source of all date contained in this report is REColorado, Multiple Listing Service 1.1.223.31.22. Information is deemed reliable but not guaranteed. Consult your Slifer Smith & Frampton Broker for more information. ©2022 Slifer Smith & Frampton Real Estate
S L I F E R S M I T H & F R A M P T O N R E A L E S TAT E | 2
THE SLIFER REPORT DENVER 2022 | 3
FROM DENVER TO ASPEN AND AROUND THE WORLD
70
GYPSUM
EAGLE
EAGLE COUNT Y AIRPORT
70
<< TO GRAND JUNCTION 70
GLENWOOD SPRINGS
NORTH
82
EL JEBEL CARBONDAL E WILLITS
BASALT
82
WOODY CREEK
SNOWMASS VILLAGE SNOWMASS SKI RESORT
S L I F E R S M I T H & F R A M P T O N R E A L E S TAT E | 4
ASPEN BUTTERMILK MTN ASPEN HIGHLANDS
ASPEN SKI RESORT
FORBES GLOBAL PROPERTIES IN 2021
1 of 10
135
2,400
2,855
FOUNDING MEMBERS
WORLD-WIDE LOCATIONS
LUXURY EXPERTS
LUXURY LISTINGS FEATURED
WOLCOT T
EDWARDS
TO DENVER >> 70
DOWNTOWN DENVER
70
CORDILLERA
VAIL
AVON
ARROWHEAD BACHELOR GULCH
EAGLEVAIL BEAVER CREEK
SILVERTHORNE KEYSTONE RESORT
VAIL SKI RESORT
KEYSTONE
MINTURN
FRISCO
BEAVER CREEK SKI RESORT
COPPER MOUNTAIN BRECKENRIDGE SKI RESORT
BRECKENRIDGE
Established in 2020 with 10 founding members, the invitation-only network now spans 135 locations and comprises approximately 2,400 luxury property experts across the U.S., Asia, Australia, Canada, Mexico, the Middle East, and Europe. More than 100 million monthly visitors to forbes.com enjoy unrivaled access to an elite collection of properties presented within the hallmark context of trusted editorial content and timely market data. Forb esGlobalProp er ties.com >>>
THE SLIFER REPORT DENVER 2022 | 5
DENVER MARKET OVERVIEW
S L I F E R S M I T H & F R A M P T O N R E A L E S TAT E | 6
LUXURY MARKET OVERVIEW
THE SLIFER REPORT DENVER 2022 | 7
ADAMS COUNTY
S L I F E R S M I T H & F R A M P T O N R E A L E S TAT E | 8
ARAPAHOE COUNTY
THE SLIFER REPORT DENVER 2022 | 9
BOULDER COUNTY
Price per square foot for single-family homes has increased 60% since 2018.
S L I F E R S M I T H & F R A M P T O N R E A L E S TAT E | 1 0
BROOMFIELD COUNTY
THE SLIFER REPORT DENVER 2022 | 11
CLEAR CREEK COUNTY
S L I F E R S M I T H & F R A M P T O N R E A L E S TAT E | 1 2
DENVER COUNTY
THE SLIFER REPORT DENVER 2022 | 13
6Billion+
$
Historic Sales Volume As of the first quarter of 2022 our development division has sold over six billion dollars of real estate.*
573Million+
$
Q1 2022 Pending Sales Volume But we didn’t stop there, as of March 31, 2022 our teams have $573,164,947 of sales closing soon. *
NEW DEVELOPMENT PROJECTS ACROSS COLORADO
AURA | Snowmass
LEGACY AT VAIL SQUARE | Lionshead
AuraSnowmass.com
LegacyVail.com
SUMMIT BLUE | Silverthorne
THE ARBORY | Denver
LiveSummitBlue.com
ArboryDenver.com
The latest and most exclusive ski-in, ski-out residences in Snowmass Base Village. There is no better setting for a legacy home in Snowmass. 21 exquisite 4 and 5-bedroom residences.
Phased release of Townhomes and Single Family homes along the Blue River, steps away from vibrant, downtown Silverthorne. Future phases coming soon.
Luxury residences in Vail’s Lionshead Village and steps away from the gondola are the very last of their kind. 2 to 4-bedroom residences.
Nestled in Denver’s vibrant and historic City Park West neighborhood, these bespoke residences are not just built, but crafted. 1 and 2-bedroom layouts available.
We are proud to be the only brokerage in Colorado with a full division dedicated to bringing new developments to market. Our end to end service has delivered another record year in 2021, creating more new homes in our communities than ever before. *Pending and closed sales volume through 3.31.22 S L I F E R S M I T H & F R A M P T O N R E A L E S TAT E | 1 4
To learn more, visit SliferDevelopmentSales.com >>>
DOUGLAS COUNTY
THE SLIFER REPORT DENVER 2022 | 15
ELBERT COUNTY
S L I F E R S M I T H & F R A M P T O N R E A L E S TAT E | 1 6
GILPIN COUNTY
THE SLIFER REPORT DENVER 2022 | 17
JEFFERSON COUNTY
S L I F E R S M I T H & F R A M P T O N R E A L E S TAT E | 1 8
PARK COUNTY
THE SLIFER REPORT DENVER 2022 | 19
DENVER MARKET OVERVIEW
S L I F E R S M I T H & F R A M P T O N R E A L E S TAT E | 2 0
LOCAL COMPANY GLOBAL REACH In addition to our presence as a founding member of Forbes Global Properties, we have access to several other leading industry networks via our international partners that give your property exposure to a global audience.
Leading Real Estate Companies of the World® Leading RE has connections in all corners of the world—extending membership only to firms that are leaders in their markets and demonstrate shared values like local insight, global worldview, trusted experience and high performance.
Luxury Portfolio International® Spanning six continents and over 800 major cities from Bangkok to Barcelona, Luxury Portfolio International’s relationships generate thousands of client introductions and sales annually. In the U.S. alone, luxuryportfolio.com curates more properties priced over $1 million than any other luxury property website. THE SLIFER REPORT DENVER 2022 | 21
STAY UP TO DATE ALL YEAR LONG Our team of market experts updates the Slifer Report every quarter. To see the latest numbers and dive even deeper into the report scan the code or visit:
SliferDenver.com/Slifer-Report
