The Slifer Report Q1 2022 - Denver

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 >>>

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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

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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

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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

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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

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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

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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

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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

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DENVER MARKET OVERVIEW

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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.

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