Denver Metro Micro Market Report - Year End 2014 by LIV Sotheby's International Realty

LIV REPORT MICROMARKET

DENVER METRO | 2014

COLORADOMICROREPORTS.COM

DENVER METRO NEIGHBORHOODS 1. Denver (City) 2. Baker 3. Bell Mountain Ranch 4. Belmar 5. Berkeley 6. Bonnie Brae/Belcaro 7. Bow Mar/Bow Mar South 8. Castle Pines North 9. Castle Pines Village 10. Cheesman 11. Cherry Creek North 12. Cherry Creek South/East 13. Cherry Hills Village 14. City Park 15. City Park South 16. Columbine Valley 17. Congress Park 18. Cory-Merrill 19. Country Club 20. Crestmoor 21. Downtown 22. Golden Triangle 23. Greenwood Village East 24. Greenwood Village West 25. Hale Mayfair 26. Heritage Greens 27. Highlands 28. Highlands Ranch 29. Hilltop 30. Homestead 31. Keene Ranch 32. Ken Caryl North Ranch 33. Ken Caryl Valley 34. Lakewood 35. LoHi 36. Lone Tree 37. Lowry 38. The Meadows 39. Montclair 40. Observatory Park 41. Park Hill 42. Platt Park 43. Polo Reserve 44. Pradera & Timbers 45. Saddle Rock Golf Club 46. Sloan’s Lake 47. Southern Hills 48. Southglenn 49. Stapleton 50. Tallyn’s Reach 51. Uptown 52. Washington Park East 53. Washington Park West

5 27 35

21 51 22 1 2

4 34

14 15 10 17

19 11 12 53 52 6 18

25 39 29

42 40 47 13 7 24

16 48 32

8 9 44

MICROMARKET REPORT | DENVER METRO 2014 | 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 | MARKETS BY AREA

DENVER METRO The Denver Metro Micro Market Report (MMR), prepared by LIV Sotheby’s International Realty, compares 2014 year-end statistics, to those of 2013, for single family homes and condos. The average price of single family homes and condos combined rose nearly 6.5%, resulting in an average price of $324,144 in Denver Metro. Denver’s average price climbed 6.5%, involving both single family homes and condos. But for the first time, maybe ever in Denver, condo appreciation (values) rose greater than that of single family homes. This is likely due to the high level of apartments being built (almost 20,000 new units) as compared to only a few hundred condos coming out of the ground. Supply is not meeting demand!

Year-end Insights: • Cherry Creek North’s average price is $1,002,810 - up 9.2%. • Combining the Highlands, Lo-Hi, Berkeley and Sloan’s Lake neighborhoods, the average price ranged from $419,117 to $500,415, with prices rising an average of nearly 12%.

56,908

homes sold for an average of

$324,144

or, $18,479,059,146 total dolar volume sold in 2014.

DENVER METRO January through December New Listings Sold Listings (All Properties) Sold Single Family Sold Condo Average Days on Market Average Price % Sold Price to List Price

All Properties in the Denver Metrolist

2013

2014

% Change

91,798 56,422 44,692 11,730 47 $304,441 98.50%

66,921 56,908 41,689 15,219 36 $324,144 98.90%

-27.1% 0.9% -6.7% 29.7% -23.4% 6.5% 0.4%

DENVER METRO | MARKETS BY AREA

DENVER (CITY) Single Family and Condos

January through December Average Price Average Price per Square Foot Average Days on Market Highest Price Lowest Price Properties Sold % Sold Price to List Price

BAKER Single Family and Condos

2013

2014

% Change

$327,009 $192 43 $4,375,000 $23,500 13,745 98.40%

$342,893 $203 32 $4,925,000 $30,101 14,067 98.90%

4.9% 5.7% -25.6% 12.6% 28.1% 2.3% 0.5%

6th Avenue to Mississippi; South Platte River to Broadway

January through December Average Price Average Price per Square Foot Average Days on Market Highest Price Lowest Price Properties Sold % Sold Price to List Price

BELL MOUNTAIN RANCH January through December Single Family and Condos

City of Denver

Average Price Average Price per Square Foot Average Days on Market Highest Price Lowest Price Properties Sold % Sold Price to List Price

2013

2014

% Change

$290,298 $241 27 $580,000 $135,000 139 99.22%

$337,915 $275 35 $625,000 $130,500 142 99.41%

16.4% 14.1% 29.6% 7.8% -3.3% 2.2% 0.2%

I-25 to Quarry Road; Bell Mountain Parkway to Starburst Circle

2013

2014

% Change

$746,561 $254 96 $1,200,000 $595,000 23 97.89%

$753,828 $267 102 $1,200,000 $538,500 32 97.79%

1.0% 5.1% 6.3% 0.0% -9.5% 39.1% -0.1%

DENVER METRO | MARKETS BY AREA

BELMAR

Kentucky to Alameda; Wadsworth to Pierce

Single Family and Condos

January through December Average Price Average Price per Square Foot Average Days on Market Highest Price Lowest Price Properties Sold % Sold Price to List Price

2013

2014

% Change

$300,227 $195 54 $925,000 $99,900 41 98.41%

$307,698 $206 52 $625,000 $112,000 51 98.60%

2.5% 5.6% -3.7% -32.4% 12.1% 24.4% 0.2%

BERKELY

Single Family

January through December Average Price Average Price per Square Foot Average Days on Market Highest Price Lowest Price Properties Sold % Sold Price to List Price

BONNIE BRAE/BELCARO

Single Family

January through December Average Price Average Price per Square Foot Average Days on Market Highest Price Lowest Price Properties Sold % Sold Price to List Price

38th to I-70; Sheridan to Federal

2013

2014

% Change

$360,843 $296 33 $850,000 $102,000 267 99.20%

$419,117 $326 34 $875,000 $118,000 193 99.22%

16.1% 10.1% 3.0% 2.9% 15.7% -27.7% 0.0%

Mississippi to Cherry Creek Drive South; University to Colorado

2013

2014

% Change

$782,402 $367 39 $2,350,000 $325,000 90 97.81%

$826,141 $386 41 $2,500,000 $304,000 80 98.71%

5.6% 5.2% 5.1% 6.4% -6.5% -11.1% 0.9%

DENVER METRO | MARKETS BY AREA

BOW MAR/BOW MAR SOUTH

Single Family

January through December Average Price Average Price per Square Foot Average Days on Market Highest Price Lowest Price Properties Sold % Sold Price to List Price

CASTLE PINES NORTH

Single Family

January through December Average Price Average Price per Square Foot Average Days on Market Highest Price Lowest Price Properties Sold % Sold Price to List Price

North of Bowles; South of Quincy; West of Morning Glory; East of Bow Mar Drive

2013

2014

% Change

$1,047,399 $328 90 $2,285,000 $525,000 17 96.76%

$995,595 $329 105 $2,755,000 $374,500 21 96.86%

-4.9% 0.3% 16.7% 20.6% -28.7% 23.5% 0.1%

Country Club Parkway to Coyote Ridge Park; Daniels Park to Yorkshire

2013

2014

% Change

$506,537 $183 52 $1,395,000 $280,299 162 98.36%

$505,921 $192 48 $1,274,000 $297,000 165 98.32%

-0.1% 4.9% -7.7% -8.7% 6.0% 1.9% 0.0%

CASTLE PINES VILLAGE

Single Family

January through December Average Price Average Price per Square Foot Average Days on Market Highest Price Lowest Price Properties Sold % Sold Price to List Price

US 85 & Copper Blush to Northwood; Daniels Park to Gate 5; Country Club to I-25

2013

2014

% Change

$959,820 $273 194 $2,800,000 $450,000 130 96.33%

$953,065 $299 143 $3,525,000 $520,000 118 98.09%

-0.7% 9.5% -26.3% 25.9% 15.6% -9.2% 1.8%

DENVER METRO | MARKETS BY AREA

CHEESMEN

York to Downing; Colfax to 8th

Single Family and Condos

January through December Average Price Average Price per Square Foot Average Days on Market Highest Price Lowest Price Properties Sold % Sold Price to List Price

2013

2014

% Change

$360,994 $236 53 $4,100,000 $77,900 180 98.23%

$327,683 $252 33 $2,500,000 $75,100 188 99.54%

-9.2% 6.8% -37.7% -39.0% -3.6% 4.4% 1.3%

CHERRY CREEK NORTH

York to Colorado; 1st to 6th

Single Family and Condos

January through December Average Price Average Price per Square Foot Average Days on Market Highest Price Lowest Price Properties Sold % Sold Price to List Price

2013

2014

% Change

$918,170 $380 81 $2,885,000 $159,525 140 96.45%

$1,002,810 $415 71 $3,700,000 $149,000 122 97.93%

9.2% 9.2% -12.3% 28.2% -6.6% -12.9% 1.5%

CHERRY CREEK EAST & SOUTH Single Family and Condos

January through December Average Price Average Price per Square Foot Average Days on Market Highest Price Lowest Price Properties Sold % Sold Price to List Price

University to Colorado; Alameda to 1st

2013

2014

% Change

$507,008 $279 78 $1,700,000 $150,000 152 97.40%

$566,049 $314 73 $1,875,000 $180,000 148 97.62%

11.6% 12.5% -6.4% 10.3% 20.0% -2.6% 0.2%

DENVER METRO | MARKETS BY AREA

CHERRY HILLS VILLAGE Single Family (Under 1 Acre)

January through December Average Price Average Price per Square Foot Average Days on Market Highest Price Lowest Price Properties Sold % Sold Price to List Price

CHERRY HILLS VILLAGE Single Family (Over 1 Acre)

January through December Average Price Average Price per Square Foot Average Days on Market Highest Price Lowest Price Properties Sold % Sold Price to List Price

Hampden to Belleview; Clarkson to Happy Canyon Road and Charlou

2013

2014

% Change

$1,436,186 $348 98 $3,398,000 $582,500 71 96.25%

$1,542,472 $360 77 $3,985,000 $500,000 73 96.13%

7.4% 3.4% -21.4% 17.3% -14.2% 2.8% -0.1%

Hampden to Belleview; Clarkson to Happy Canyon Road and Charlou

2013

2014

% Change

$2,267,344 $385 330 $7,000,000 $815,000 50 92.36%

$2,356,864 $398 129 $5,850,000 $1,025,000 51 93.53%

3.9% 3.4% -60.9% -16.4% 25.8% 2.0% 1.3%

CITY PARK

Single Family

January through December Average Price Average Price per Square Foot Average Days on Market Highest Price Lowest Price Properties Sold % Sold Price to List Price

Downing to York; 18th to Martin Luther King

2013

2014

% Change

$338,699 $241 34 $675,000 $130,000 190 100.14%

$416,509 $256 34 $975,000 $170,000 108 99.86%

23.0% 6.2% 0.0% 44.4% 30.8% -43.2% -0.3%

DENVER METRO | MARKETS BY AREA

CITY PARK SOUTH

Single Family

January through December Average Price Average Price per Square Foot Average Days on Market Highest Price Lowest Price Properties Sold % Sold Price to List Price

York to Colorado; Colfax to 17th

2013

2014

% Change

$409,732 $291 20 $637,000 $215,000 28 101.64%

$489,751 $307 25 $735,000 $245,000 16 96.32%

19.5% 5.5% 25.0% 15.4% 14.0% -42.9% -5.2%

COLUMBINE VALLEY

Single Family

January through December Average Price Average Price per Square Foot Average Days on Market Highest Price Lowest Price Properties Sold % Sold Price to List Price

South Polo Ridge Drive to West Bowles Avenue; Platte Canyon Road to South Platte River

2013

2014

% Change

$869,639 $249 144 $2,151,200 $320,000 33 94.74%

$993,907 $273 88 $2,592,500 $531,000 28 96.56%

14.3% 9.6% -38.9% 20.5% 65.9% -15.2% 1.9%

CONGRESS PARK

Single Family

January through December Average Price Average Price per Square Foot Average Days on Market Highest Price Lowest Price Properties Sold % Sold Price to List Price

York to Colorado; 6th to Colfax

2013

2014

% Change

$485,293 $327 31 $1,150,000 $193,000 198 99.30%

$561,116 $343 40 $2,435,000 $220,000 134 98.72%

15.6% 4.9% 29.0% 111.7% 14.0% -32.3% -0.6%

DENVER METRO | MARKETS BY AREA

CORY-MERRILL

Single Family

January through December Average Price Average Price per Square Foot Average Days on Market Highest Price Lowest Price Properties Sold % Sold Price to List Price

COUNTRY CLUB

Single Family

January through December Average Price Average Price per Square Foot Average Days on Market Highest Price Lowest Price Properties Sold % Sold Price to List Price

S University Blvd to S Colorado Blvd; I-25 to E Mississippi Ave

2013

2014

% Change

$524,467 $313 37 $1,320,000 $227,000 141 98.28%

$653,304 $349 45 $1,650,000 $224,000 123 98.53%

24.6% 11.5% 21.6% 25.0% -1.3% -12.8% 0.3%

University to Downing 1st-4th; Race to University 4th-6th

2013

2014

% Change

$1,795,000 $458 91 $4,375,000 $322,000 29 96.36%

$1,422,930 $441 67 $3,018,333 $570,000 23 97.30%

-20.7% -3.7% -26.4% -31.0% 77.0% -20.7% 1.0%

CRESTMOOR

Single Family

January through December Average Price Average Price per Square Foot Average Days on Market Highest Price Lowest Price Properties Sold % Sold Price to List Price

Holly to Monaco; Bayaud to 6th

2013

2014

% Change

$879,949 $303 41 $2,150,000 $400,000 28 98.22%

$886,328 $335 45 $2,050,000 $425,000 20 99.02%

0.7% 10.6% 9.8% -4.7% 6.3% -28.6% 0.8%

DOWNTOWN

Condos

January through December Average Price Average Price per Square Foot Average Days on Market Highest Price Lowest Price Properties Sold % Sold Price to List Price

Downtown Denver MLS Area

2013

2014

% Change

$462,526 $336 73 $2,300,000 $110,500 460 97.19%

$475,256 $361 59 $4,925,000 $132,450 506 97.66%

2.8% 7.4% -19.2% 114.1% 19.9% 10.0% 0.5%

DENVER METRO | MARKETS BY AREA

GOLDEN TRIANGLE Single Family and Condos

January through December Average Price Average Price per Square Foot Average Days on Market Highest Price Lowest Price Properties Sold % Sold Price to List Price

North Speer Boulevard to Broadway; Colfax to 7th

2013

2014

% Change

$479,635 $286 80 $1,300,000 $227,500 43 96.70%

$385,189 $287 38 $675,000 $189,900 37 97.92%

-19.7% 0.3% -52.5% -48.1% -16.5% -14.0% 1.3%

GREENWOOD VILLAGE EAST

Single Family

January through December Average Price Average Price per Square Foot Average Days on Market Highest Price Lowest Price Properties Sold % Sold Price to List Price

I-25 to Havana; Belleview to Orchard

2013

2014

% Change

$843,895 $255 108 $1,982,755 $223,000 54 97.87%

$968,516 $297 116 $2,325,000 $469,900 51 100.01%

14.8% 16.5% 7.4% 17.3% 110.7% -5.6% 2.2%

GREENWOOD VILLAGE WEST Single Family (Under 1 Acre)

January through December Average Price Average Price per Square Foot Average Days on Market Highest Price Lowest Price Properties Sold % Sold Price to List Price

Orchard to Belleview; Clarkson to I-25

2013

2014

% Change

$1,297,063 $232 129 $3,010,000 $605,000 60 95.84%

$1,310,851 $341 71 $2,800,000 $502,000 61 96.55%

1.1% 47.0% -45.0% -7.0% -17.0% 1.7% 0.7%

DENVER METRO | MARKETS BY AREA

GREENWOOD VILLAGE WEST Single Family (Over 1 Acre)

January through December Average Price Average Price per Square Foot Average Days on Market Highest Price Lowest Price Properties Sold % Sold Price to List Price

Orchard to Belleview; Clarkson to I-25

2013

2014

% Change

$1,491,133 $312 165 $3,900,000 $480,300 30 94.62%

$1,912,618 $390 191 $4,300,000 $770,000 13 94.75%

28.3% 25.0% 15.8% 10.3% 60.3% -56.7% 0.1%

HALE MAYFAIR

Single Family

January through December Average Price Average Price per Square Foot Average Days on Market Highest Price Lowest Price Properties Sold % Sold Price to List Price

HERITAGE GREENS

Single Family

January through December Average Price Average Price per Square Foot Average Days on Market Highest Price Lowest Price Properties Sold % Sold Price to List Price

Colorado to Holly; 6th to Colfax

2013

2014

% Change

$430,769 $299 39 $990,000 $99,000 181 99.02%

$442,652 $343 31 $1,034,999 $240,000 127 99.17%

2.8% 14.7% -20.5% 4.5% 142.4% -29.8% 0.2%

Dry Creek to County Line; Colorado Boulevard to Holly

2013

2014

% Change

$680,682 $206 26 $1,040,000 $402,250 30 98.07%

$667,863 $225 29 $1,264,000 $442,000 35 97.87%

-1.9% 9.2% 11.5% 21.5% 9.9% 16.7% -0.2%

DENVER METRO | MARKETS BY AREA

HIGHLANDS Single Family and Condos

January through December Average Price Average Price per Square Foot Average Days on Market Highest Price Lowest Price Properties Sold % Sold Price to List Price

W 38th Ave to Speer Blvd and W 29th Ave; Union Pacific RR lines and S Platte River to Federal Blvd

2013

2014

% Change

$431,075 $302 40 $1,450,000 $68,000 329 99.08%

$482,928 $328 77 $1,130,000 $78,000 270 98.72%

12.0% 8.6% 92.5% -22.1% 14.7% -17.9% -0.4%

(WEST) HIGHLANDS Single Family and Condos

January through December Average Price Average Price per Square Foot Average Days on Market Highest Price Lowest Price Properties Sold % Sold Price to List Price

38th Ave to 29th Ave; Federal to Sheridan

2013

2014

% Change

$412,839 $323 38 $1,125,000 $134,000 278 98.90%

$435,895 $337 37 $1,060,000 $139,000 240 99.43%

5.6% 4.3% -2.6% -5.8% 3.7% -13.7% 0.5%

HIGHLANDS RANCH

Single Family

January through December Average Price Average Price per Square Foot Average Days on Market Highest Price Lowest Price Properties Sold % Sold Price to List Price

Daniels Park to County Line; Santa Fe to Quebec

2013

2014

% Change

$364,896 $173 28 $1,515,462 $137,900 1,703 99.37%

$390,487 $186 28 $2,064,880 $186,000 900 99.31%

7.0% 7.5% 0.0% 36.3% 34.9% -47.2% -0.1%

DENVER METRO | MARKETS BY AREA

HILLTOP

Single Family

January through December Average Price Average Price per Square Foot Average Days on Market Highest Price Lowest Price Properties Sold % Sold Price to List Price

Alameda to 6th; Colorado to Holly

2013

2014

% Change

$950,222 $325 82 $3,125,000 $143,500 107 98.53%

$1,049,039 $356 48 $2,500,000 $302,000 83 97.77%

10.4% 9.5% -41.5% -20.0% 110.5% -22.4% -0.8%

HOMESTEAD

Single Family

January through December Average Price Average Price per Square Foot Average Days on Market Highest Price Lowest Price Properties Sold % Sold Price to List Price

Colorado to Quebec; Arapahoe to Dry Creek

2013

2014

% Change

$353,865 $192 38 $987,500 $158,000 151 99.19%

$383,998 $211 26 $1,125,000 $208,060 122 99.19%

8.5% 9.9% -31.6% 13.9% 31.7% -19.2% 0.0%

KEENE RANCH

Single Family

January through December Average Price Average Price per Square Foot Average Days on Market Highest Price Lowest Price Properties Sold % Sold Price to List Price

South Butte Circle to Castle Butte Drive; South Peak View Drive to West Tomah Road

2013

2014

% Change

$853,205 $246 168 $1,735,000 $595,000 16 95.72%

$983,269 $267 135 $2,650,000 $500,000 13 95.31%

15.2% 8.5% -19.6% 52.7% -16.0% -18.8% -0.4%

DENVER METRO | MARKETS BY AREA

KEN-CARYL NORTH RANCH

Single Family

January through December Average Price Average Price per Square Foot Average Days on Market Highest Price Lowest Price Properties Sold % Sold Price to List Price

approx: Red Fox Lane to North Ranch Road; Golden Eagle Lane to Blue Grouse Ridge Road

2013

2014

% Change

$757,000 $216 94 $929,000 $580,000 23 97.36%

$888,338 $228 91 $1,349,000 $650,000 22 96.71%

17.3% 5.6% -3.2% 45.2% 12.1% -4.3% -0.7%

KEN-CARYL VALLEY

Single Family

January through December Average Price Average Price per Square Foot Average Days on Market Highest Price Lowest Price Properties Sold % Sold Price to List Price

approx: Tamarade Drive to Manor House Road; Mountain High Court to West Ken Caryl Ave

2013

2014

% Change

$540,169 $208 62 $930,000 $300,000 100 97.95%

$608,424 $213 54 $1,325,000 $349,200 74 97.81%

12.6% 2.4% -12.9% 42.5% 16.4% -26.0% -0.1%

LAKEWOOD

Single Family

January through December Average Price Average Price per Square Foot Average Days on Market Highest Price Lowest Price Properties Sold % Sold Price to List Price

City of Lakewood

2013

2014

% Change

$298,717 $179 44 $1,725,000 $68,000 1,716 98.90%

$327,993 $201 36 $1,595,750 $79,000 1,573 99.18%

9.8% 12.3% -18.2% -7.5% 16.2% -8.3% 0.3%

DENVER METRO | MARKETS BY AREA

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 Lowest Price Properties Sold % Sold Price to List Price

LONE TREE

Single Family

January through December Average Price Average Price per Square Foot Average Days on Market Highest Price Lowest Price Properties Sold % Sold Price to List Price

2013

2014

% Change

$453,289 $300 40 $1,450,000 $152,000 232 99.11%

$500,415 $331 93 $1,130,000 $155,000 192 98.71%

10.4% 10.3% 132.5% -22.1% 2.0% -17.2% -0.4%

approx: South of Ridgegate Parkway to County Line; Peoria to Quebec

2013

2014

% Change

$539,924 $184 59 $2,185,000 $285,000 56 98.43%

$539,928 $186 45 $1,207,500 $365,000 39 98.08%

0.0% 1.1% -23.7% -44.7% 28.1% -30.4% -0.4%

LOWRY

Quebec to Unita; Alameda to 11th

Single Family

January through December Average Price Average Price per Square Foot Average Days on Market Highest Price Lowest Price Properties Sold % Sold Price to List Price

2013

2014

% Change

$538,020 $229 37 $1,500,000 $198,853 84 98.59%

$686,691 $267 34 $1,600,000 $430,000 66 98.03%

27.6% 16.6% -8.1% 6.7% 116.2% -21.4% -0.6%

DENVER METRO | MARKETS BY AREA

THE MEADOWS

Single Family

January through December Average Price Average Price per Square Foot Average Days on Market Highest Price Lowest Price Properties Sold % Sold Price to List Price

N. Meadows Drive to Coachline Road; Breezy Lane to Dairylide Street

2013

2014

% Change

$321,583 $149 43 $665,000 $190,000 458 99.05%

$350,638 $162 38 $680,000 $202,400 481 99.11%

9.0% 8.7% -11.6% 2.3% 6.5% 5.0% 0.1%

MONTCLAIR

Single Family

January through December Average Price Average Price per Square Foot Average Days on Market Highest Price Lowest Price Properties Sold % Sold Price to List Price

Holly to Quebec; 6th to Colfax

2013

2014

% Change

$405,461 $275 47 $1,525,000 $148,000 172 98.85%

$453,856 $306 40 $1,020,000 $231,600 156 99.10%

11.9% 11.3% -14.9% -33.1% 56.5% -9.3% 0.3%

OBSERVATORY PARK

Single Family

January through December Average Price Average Price per Square Foot Average Days on Market Highest Price Lowest Price Properties Sold % Sold Price to List Price

University to Colorado; Evans to Yale

2013

2014

% Change

$747,928 $309 72 $1,985,000 $185,000 83 97.69%

$871,183 $319 66 $2,335,000 $195,000 70 96.95%

16.5% 3.2% -8.3% 17.6% 5.4% -15.7% -0.8%

DENVER METRO | MARKETS BY AREA

PARK HILL

Single Family

January through December Average Price Average Price per Square Foot Average Days on Market Highest Price Lowest Price Properties Sold % Sold Price to List Price

Colfax to 26th; Colorado to Quebec

2013

2014

% Change

$458,781 $293 32 $1,325,000 $130,999 300 99.31%

$491,647 $333 28 $1,600,000 $153,000 269 100.02%

7.2% 13.7% -12.5% 20.8% 16.8% -10.3% 0.7%

PLATT PARK

Single Family

January through December Average Price Average Price per Square Foot Average Days on Market Highest Price Lowest Price Properties Sold % Sold Price to List Price

POLO RESERVE

Single Family

January through December Average Price Average Price per Square Foot Average Days on Market Highest Price Lowest Price Properties Sold % Sold Price to List Price

Broadway to Downing; Louisiana to Evans

2013

2014

% Change

$442,846 $333 33 $950,000 $150,000 157 99.45%

$492,599 $383 26 $945,000 $260,000 111 100.00%

11.2% 15.0% -21.2% -0.5% 73.3% -29.3% 0.6%

North of Mineral; South of Arabian Place; West of the S. Platte River; East of S. Platte Canyon Road

2013

2014

% Change

$1,266,330 $246 171 $2,445,000 $610,000 8 94.07%

$1,133,750 $289 121 $2,425,000 $630,000 8 96.10%

-10.5% 17.5% -29.2% -0.8% 3.3% 0.0% 2.2%

DENVER METRO | MARKETS BY AREA

PRADERA & TIMBERS

Single Family

January through December Average Price Average Price per Square Foot Average Days on Market Highest Price Lowest Price Properties Sold % Sold Price to List Price

SADDLE ROCK

Single Family

January through December Average Price Average Price per Square Foot Average Days on Market Highest Price Lowest Price Properties Sold % Sold Price to List Price

Pradera and Timbers Subdivisions in Parker

2013

2014

% Change

$648,836 $195 80 $1,750,000 $249,000 128 98.16%

$702,601 $211 74 $1,675,000 $318,000 118 97.71%

8.3% 8.2% -7.5% -4.3% 27.7% -7.8% -0.5%

North of E. Dry Creek Road; South of Smoky Hill Road; West of E-470; East of S. Liverpool Street

2013

2014

% Change

$469,180 $161 73 $935,000 $138,000 104 98.55%

$491,030 $165 77 $855,000 $275,000 80 98.42%

4.7% 2.5% 5.5% -8.6% 99.3% -23.1% -0.1%

SLOANâ&#x20AC;&#x2122;S LAKE

Single Family

January through December Average Price Average Price per Square Foot Average Days on Market Highest Price Lowest Price Properties Sold % Sold Price to List Price

Colfax to 29th; Sheridan to Federal

2013

2014

% Change

$401,181 $284 41 $826,474 $100,000 214 98.66%

$427,500 $327 35 $935,000 $175,000 144 99.20%

6.6% 15.1% -14.6% 13.1% 75.0% -32.7% 0.5%

DENVER METRO | MARKETS BY AREA

SOUTHERN HILLS

Single Family

January through December Average Price Average Price per Square Foot Average Days on Market Highest Price Lowest Price Properties Sold % Sold Price to List Price

SOUTHGLENN

Single Family

January through December Average Price Average Price per Square Foot Average Days on Market Highest Price Lowest Price Properties Sold % Sold Price to List Price

University to Colorado; Yale to Hampden

2013

2014

% Change

$520,921 $271 42 $1,190,000 $257,580 67 98.18%

$573,453 $299 29 $1,220,000 $230,000 46 98.24%

10.1% 10.3% -31.0% 2.5% -10.7% -31.3% 0.1%

Washington to University; Arapahoe to Dry Creek

2013

2014

% Change

$309,143 $151 35 $395,000 $182,675 58 99.34%

$334,054 $186 31 $410,000 $242,000 63 99.23%

8.1% 23.2% -11.4% 3.8% 32.5% 8.6% -0.1%

STAPLETON

Single Family

January through December Average Price Average Price per Square Foot Average Days on Market Highest Price Lowest Price Properties Sold % Sold Price to List Price

Quebec to Havana; 23rd to 40th

2013

2014

% Change

$465,284 $225 34 $1,135,000 $82,000 291 99.47%

$516,638 $241 34 $1,360,000 $79,000 260 98.88%

11.0% 7.1% 0.0% 19.8% -3.7% -10.7% -0.6%

DENVER METRO | MARKETS BY AREA

TALLYNâ&#x20AC;&#x2122;S REACH

North of E. Dry Creek; South of Smoky Hill; West of S. Powhaton; East of E-470

Single Family

January through December Average Price Average Price per Square Foot Average Days on Market Highest Price Lowest Price Properties Sold % Sold Price to List Price

UPTOWN Single Family and Condos

January through December Average Price Average Price per Square Foot Average Days on Market Highest Price Lowest Price Properties Sold % Sold Price to List Price

2013

2014

% Change

$415,796 $164 64 $765,000 $233,950 123 98.96%

$439,323 $167 57 $716,200 $280,000 129 98.80%

5.7% 1.8% -10.9% -6.4% 19.7% 4.9% -0.2%

North of Colfax; East of Broadway; South of 20th; 20th & Park to 19th; West of Jospehine

2013

2014

% Change

$316,043 $256 56 $950,000 $75,000 171 98.62%

$336,068 $283 34 $1,009,500 $80,000 199 99.08%

6.3% 10.5% -39.3% 6.3% 6.7% 16.4% 0.5%

WASHINGTON PARK EAST

Single Family

January through December Average Price Average Price per Square Foot Average Days on Market Highest Price Lowest Price Properties Sold % Sold Price to List Price

Louisiana to Ellsworth; Downing to University

2013

2014

% Change

$784,082 $416 38 $2,830,000 $384,900 151 99.18%

$831,981 $439 32 $2,595,000 $249,000 126 98.53%

6.1% 5.5% -15.8% -8.3% -35.3% -16.6% -0.7%

WASHINGTON PARK WEST

Single Family

January through December Average Price Average Price per Square Foot Average Days on Market Highest Price Lowest Price Properties Sold % Sold Price to List Price

Louisiana to Ellsworth; Broadway to Downing

2013

2014

% Change

$449,895 $339 24 $1,124,000 $119,900 255 99.48%

$507,449 $348 34 $1,475,000 $184,500 194 99.77%

12.8% 2.7% 41.7% 31.2% 53.9% -23.9% 0.3%

LIV SOTHEBY’S INTERNATIONAL REALTY

MARKET UPDATES

The monthly

MARKET SNAPSHOT VIDEO for your neighborhood W W W. C O L O R A D O M A R K E T U P D AT E S . C O M

COLORADO LUXURY REAL ESTATE EXPERTS BOULDER

CASTLE PINES

1050 Walnut Street Boulder, CO 80302 303.443.6161

858 W. Happy Canyon Road, Suite 100 Castle Rock, CO 80108 303.660.8800

CHERRY CREEK

400 S. Colorado Blvd., Suite 400 Denver, CO 80246 303.893.3200

DENVER TECH CENTER

DOWNTOWN DENVER

BEAVER CREEK VILLAGE

VAIL VALLEY

8000 E. Belleview Avenue, Suite 200 Greenwood Village, CO 80111 303.893.3200

255 Clayton Street, Unit 100 North Denver, CO 80206 303.893.3200

EVERGREEN

1512 Larimer Street, #46R Denver, CO 80202 303.893.3200

26 Avondale Lane, #119 Beaver Creek, CO 81620 970.845.0400

CLAYTON

31955 Castle Court, #1 South Evergreen, CO 80439 303.674.3200

BRECKENRIDGE

34253 Highway 6, #2A Edwards, CO 81632 970.748.5150

101 South Main Street Breckenridge, CO 80424 970.453.0550

LIV Sotheby’s International Realty Locations 36

BOULDER

CASTLE PINES VILLAGE

DOWNTOWN DENVER

EVERGREEN

BRECKENRIDGE

CHERRY CREEK

GREENWOOD VILLAGE

Boulder

VAIL VALLEY

DENVER Downtown Denver

Cherry Creek Evergreen

Edwards

Greenwood Village

Beaver Creek 24

Breckenridge

285

Castle Pines Village

The life you love.

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