MISCELLANEOUS NEW OPENINGS

Metro Water Recovery

Metro Water Recovery received a National Environmental Achievement Award from the National Association of Clean Water Agencies during a February conference in Sonoma, California.

Metro Water Recovery is a resource recovery and clean water agency in the Rocky Mountain West that formed under Colorado law in 1961. It has partnerships with 61 local governments including cities, counties and sanitation districts, and serves about 2.2 million people in an 805 square-mile area.

Metro Water Recovery received the award for its South Platte River Aquatic Life/Habitat Improvements Project. e main goal of this six-phase project is to increase dissolved oxygen levels and improve aquatic life habitat for native sh communities. Phase V will be initiated this year, and it will entail an array of work including a biological survey, construction, monitoring water quality and a sh survey to be done annually into the future.

To learn more, visit metrowaterrecovery. com

Jordan Parman, senior water quality scientist for Metro Water Recovery, conducts a sh survey in the South Platte River. Photo courtesy of Metro Water Recovery.

OVME ere are many OVME locations across the eastern U.S., and the Cherry Creek North location is its rst Colorado location as well as its furthest west location. It is located at 180 Clavton Lane.

OVME, a medical aesthetic enterprise, has opened in Denver’s Cherry Creek North.

Pronounced “of me,” OVME delivers “curated medical aesthetic experiences in contemporary and welcoming environments,” states its website.

To learn more about OVME, visit ovme.com.

Photo courtesy of OVME’s website.

Washington Park Market Report 2022 in Review

NO CAUSE FOR ALARM...

There was a 26% drop in the number of sales in Washington Park this year. On the surface, that seems alarming but it really is a function of the low inventory. Homes sold quickly with it only taking an average of 21 days in East Wash Park and 15 days on the West side. However, there were fewer homes to choose from thus the drop in numbers. This is likely a function of the low interest rates that many homeowners now enjoy and a move would mean giving up that rate so more are staying put.

If you look at the breakdown of sales in the area between Emerson and Sherman I don’t think the 1% increase in median sales price was reflective of what really happened there. In 2022, we saw many sales of the smaller multi-family units in the lower part of that market. This makes sense from a Covid standpoint as those who spent the lockdown in the smaller units became ready for something bigger and as rates rose, first time buyers who could no longer afford a single family snapped them up. The average and median price per square foot rose 11% and 12% respectively which is a very healthy increase.

There were many record highs this year as one sale on Corona topped the $3 million mark for the first time, a sale on S Ogden set a record for that street at $2,650,000, two sales on S Emerson exceeded $1.7 million for the first time, a sale in East Wash Park hit a record $1440/SF and one on S Franklin St, facing the park, exceeded $5 million for the first time ever. Wow!

It remains a great time to own or sell property in Washington Park. After 42 years of living and working in the area, we know the market. If a move is in your future, let us know how we can help.

Your call to The Bridge Team at 303-331-4562 will be warmly received.

Shelley Bridge - The Bridge Team at Re/Max of Cherry Creek Broker/Co-Owner

303.981.4560 cell | 303.331.4562 direct shelley@denverhomeshere.com www.DenverHomesHere.com

Become

Correction

Last month’s story about Maj. Gen. Maurice Rose incorrectly stated the cost of the statue. e correct cost is $800,000.

WASHINGTON PARK ACTIVE/SOLD 2012 - 2022

WASHINGTON PARK CLOSED MARKET REPORT SUMMARY JANUARY - DECEMBER 2022