Denver Metro Year End 2019 Micro Market Report

MICROMARKET REPORT

DENVER METRO | YEAR END 2019

DENVER METRO NEIGHBORHOODS 1.

Ken Caryl Valley

30. Cory-Merrill

2. Ken Caryl North Ranch

31. Cherry Creek South/East

3. Lakewood

32. Cherry Creek North

4. Belmar

33. Congress Park

5. Bow Mar/Bow Mar South

34. City Park South

6. Sloan’s Lake

56

7

11 10

35. City Park

7. Berkeley

36. Park Hill

8. Polo Reserve

37. Hale Mayfair

9. Columbine Valley

38. Hilltop

10. LoHi

39. Greenwood Village East

11. Highlands

40. Homestead

12. Baker

41. Heritage Greens

13. Golden Triangle

42. Crestmoor

14. Downtown

43. Montclair

15. Uptown

44. Lowry

16. Denver (City)

45. Stapleton

17. Washington Park West

46. Lone Tree

18. Platt Park

47. Castle Pines North

19. Capitol Hill

48. The Village at Castle Pines

20. Cheesman

49. The Meadows

21. Country Club

50. Keene Ranch

22. Washington Park East

51. Bell Mountain Ranch

23. Bonnie Brae/Belcaro

52. Pradera & Timbers

24. Highlands Ranch

53. Tallyn’s Reach

25. Southglenn

54. Saddle Rock Golf Club

26. Greenwood Village West

55. Jefferson Park

27. Cherry Hills Village

56. Sunnyside

28. Southern Hills

57. RiNo

6

55

4 3

57 35 14 15 34 13 19 20 33 16 21 32 12 31 17 22 23 30

45

36

37 43 38

42

44

18 29 28 27 5 26

39

9 25 2

8

54

40

53

41

1

24

46

47 48 52

49

50

51

29. Observatory Park Pictured on cover: 950 S Steele Street, Denver

coloradomicroreports.com

DENVER METRO MARKET UPDATE Denver Metro is a hub for urban adventures, budding and booming businesses, nature lovers, city slickers, and everyone in between. Since it has a little something for everyone, it’s no wonder Denver was named the second-best city to live in within the U.S. by U.S. News. The unique assets of Denver Metro have attracted people from across the county and across the world to migrate to the Mile High City, creating a favorable environment for home buying and selling.

LIV Sotheby’s International Realty (LIV SIR) reports on the Denver Metro real estate market, sectioning into 57 neighborhoods. Collectively, comparing the year-end results of 2019 to that of 2018, new listings increased by 3.8%.

The number of new listings that came onto the market during 2019 totaled 64,542, compared January through December 2018 2019 % Change to 2018 when the total new listings amounted New Listings 62,203 64,542 3.8% to 62,203. These additional new listings likely Sold Listings (All Properties) 51,498 53,841 4.5% contributed to the 7.8% rise in total dollar Sold Single Family 36,227 37,932 4.7% volume sold throughout the course of 2019.

Average Price Single Family $509,433 $523,375 2.7% These metrics illustrate the health of the Sold Attached Dwellings 15,271 15,909 4.2% market as we reflect on 2019 and continue into Average Price Attached Dwellings $346,806 $361,506 4.2% 2020.

DENVER METRO

Average Days on Market

26

32

23.1%

% Sold Price to Original List Price 98.8% 97.7% -1.1% Within the 57 neighborhoods that make up Total Dollar Volume Sold 23,858,388,304 25,721,347,382 7.8% Denver Metro, there were specific market changes that should be noted. Cherry Creek Counties: Adams, Arapahoe, Broomfield, Denver, Douglas, Jefferson Attached Dwellings Include: Condos, Townhomes, and Duplexes North, a community loved for its proximity to the amenities of downtown Denver while maintaining a quiet residential reputation, saw an impressive 47.8% increase in properties sold in 2019 as compared to 2018. The average days on market for the Golden Triangle neighborhood dropped dramatically by 85.8% from 430 days in 2018 to just 61 days in 2019. Further south, average home prices in Lone Tree have grown 28.2% since last year. The average price for a home in 2019 was $873,140. Overall, there are plenty of opportunities throughout Denver Metro for sellers to reap the most dollars out of their investment in a home, as prices in many micro markets are steadily increasing.

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.

MICROMARKET REPORT | Denver Metro livsothebysrealty.com

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DENVER (CITY) January through December

2018

2019

% Change

$504,124

$547,555

8.6%

352

360

2.3%

25

32

28.0%

$4,975,000

$10,750,000.00

116.1%

Properties Sold

13,789

14,308

3.8%

% Sold Price to List Price

98.5%

96.8%

-1.7%

Average Price Average Price per Square Foot Average Days on Market Highest Price

Boundaries: City of Denver

40 Polo Club Circle, Denver

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

2018

2019

% Change

Baker received historic

$489,227

$513,353

4.9%

district designation by the

$405

$408

0.7%

City of Denver in 2000, and

47

72

53.2%

is lined with 19th century

$1,680,000

$1,020,000

-39.3%

brick houses and charming

127

144

13.4%

local restaurants and

99.5%

97.8%

-1.7%

businesses.

Boundaries: 6th Avenue to Mississippi; South Platte River to Broadway

6.0%

The average price for the neighborhood of Bell Mountain Ranch increased by 6.0% January through December 2019

compared to that of 2018.

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

2018

2019

% Change

$872,729

$924,975

6.0%

$313

$346

10.5%

158

102

-35.4%

$1,400,000

$1,695,000

21.1%

24

20

-16.7%

95.2%

96.7%

1.6%

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

coloradomicroreports.com

BELMAR January through December Average Price

2019

% Change

$406,697

$454,893

11.9%

$284

$287

1.1%

20

43

115.0%

$1,125,000

$1,100,000

-2.2%

The average price for the neighborhood of

43

56

30.2%

Belmar increased by 11.9% January through

98.9%

97.1%

-1.8%

December 2019 compared to that of 2018.

Average Price per Square Foot Average Days on Market Highest Price

11.9%

2018

Properties Sold % Sold Price to List Price Boundaries: Kentucky to Alameda; Wadsworth to Pierce

BERKELEY January through December

Berkeley offers its residents

Average Price

an eclectic mix of popular

Average Price per Square Foot

dining options, local art

Average Days on Market

galleries, and a convenient

Highest Price

location near I-70.

Properties Sold % Sold Price to List Price

2018

2019

% Change

$611,934

$638,662

4.4%

$457

$505

10.5%

18

25

38.9%

$1,586,000

$1,375,000

-13.3%

170

169

-0.6%

98.5%

97.6%

-0.9%

Boundaries: W 38th Ave to I-70; Sheridan to Federal

BONNIE BRAE/BELCARO January through December Average Price Average Price per Square Foot Average Days on Market Highest Price Properties Sold % Sold Price to List Price

2018

2019

% Change

$1,283,980

$1,250,598

-2.6%

$538

$570

5.9%

43

47

9.3%

$3,097,000

$4,875,000

57.4%

70

70

0.0%

97.4%

95.4%

-2.1%

Boundaries: Mississippi to Cherry Creek Drive South; University to Colorado

950 S Steele Street, Denver

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20.0% The number of properties sold in

the neighborhood of Bow Mar/Bow Mar South increased by 20.0% January through December 2019 compared to that of 2018.

BOW MAR/BOW MAR SOUTH January through December Average Price Average Price per Square Foot Average Days on Market Highest Price Properties Sold % Sold Price to List Price

2018

2019

% Change

$1,486,267

$1,453,832

-2.2%

$465

$414

-11.0%

50

52

4.0%

$2,671,500

$3,250,000

21.7%

15

18

20.0%

97.2%

94.7%

-2.6%

Boundaries: West Quincy Avenue to West Bowles Avenue

CAPITOL HILL January through December Average Price

2019

% Change

$381,506

$364,328

-4.5%

$373

$368

-1.3%

36

34

-5.6%

$3,100,000

$3,056,000

-1.4%

the neighborhood of Capitol Hill decreased

418

376

-10.0%

by 5.6% January through December 2019

98.3%

96.8%

-1.5%

compared to that of 2018.

Average Price per Square Foot Average Days on Market Highest Price

5.6%

2018

Properties Sold % Sold Price to List Price

The average days on market in

Boundaries: Broadway to Downing; 6th Avenue to Colfax

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

1102 Forest Trails Drive, Castle Pines

2018

2019

% Change

$743,306

$729,616

-1.8%

$250

$258

3.2%

59

53

-10.2%

$2,700,000

$2,400,000

-11.1%

214

228

6.5%

97.0%

96.5%

-0.5%

Boundaries: Country Club Parkway to Coyote Park; Daniels Park to Yorkshire

coloradomicroreports.com

THE VILLAGE AT CASTLE PINES January through December Average Price

2019

% Change

$1,237,263

$1,250,943

1.1%

$348

$374

7.5%

145

93

-35.9%

The average price per square foot for the

$4,300,000

$2,675,000

-37.8%

neighborhood of The Village at Castle Pines

125

121

-3.2%

increased by 7.5% January through December

94.0%

95.0%

1.1%

2019 compared to that of 2018.

Average Price per Square Foot Average Days on Market Highest Price

7.5%

2018

Properties Sold % Sold Price to List Price

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

CHEESMAN

26.5%

January through December Average Price Average Price per Square Foot Average Days on Market

The number of properties sold in

Highest Price

the neighborhood of Cheesman increased

Properties Sold

by 26.5% January through December 2019

% Sold Price to List Price

compared to that of 2018.

2018

2019

% Change

$508,620

$501,555

-1.4%

$384

$393

2.3%

25

36

44.0%

$3,380,000

$4,350,000

28.7%

147

186

26.5%

98.6%

97.0%

-1.7%

Boundaries: York to Downing; Colfax to 8th Avenue

CHERRY CREEK NORTH January through December Average Price

2018

2019

% Change

$1,073,966

$1,406,907

31.0%

$507

$646

27.4%

75

65

-13.3%

$3,650,000

$6,742,620

84.7%

134

198

47.8%

94.1%

95.3%

1.3%

Average Price per Square Foot Average Days on Market Highest Price Properties Sold % Sold Price to List Price Boundaries: York to Colorado; 1st Avenue to 6th Avenue

425 Monroe Street, Denver

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CHERRY CREEK EAST & SOUTH January through December Average Price Average Price per Square Foot Average Days on Market Highest Price Properties Sold % Sold Price to List Price

2018

2019

% Change

$687,704

$696,136

1.2%

$394

$406

3.2%

63

59

-6.3%

$3,250,000

$2,745,000

-15.5%

125

135

8.0%

96.0%

96.0%

0.0%

Boundaries: University to Colorado; Alameda to 1 Avenue st

555 Clayton Street, Denver

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

2018

2019

% Change

$1,717,832

$1,878,708

9.4%

Cherry Hills Village, located

$417

$445

6.7%

just south of Denver, was

69

62

-10.1%

named for the cherry

$3,962,500

$3,689,000

-6.9%

tree groves that lined the

71

66

-7.0%

original town site.

93.0%

93.0%

0.0%

(Under 1 Acre) Boundaries: Hampden to Belleview; Clarkson to Happy Canyon Road and Charlou

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

6 Churchill Drive, Cherry Hills Village

2018

2019

% Change

$2,910,587

$3,060,511

5.2%

$503

$498

-0.9%

139

99

-28.8%

$7,500,000

$11,525,000

53.7%

46

45

-2.2%

88.9%

91.3%

2.7%

(Over 1 Acre) Boundaries: Hampden to Belleview; Clarkson to Happy Canyon Road and Charlou

coloradomicroreports.com

CITY PARK January through December Average Price

2018

2019

% Change

$610,623

$623,057

2.0%

$396

$402

1.5%

17

35

105.9%

$1,250,000

$1,219,000

-2.5%

105

72

-31.4%

99.7%

97.8%

-1.9%

Average Price per Square Foot Average Days on Market Highest Price Properties Sold % Sold Price to List Price Boundaries: Downing to York; 18 to Martin Luther King th

1822 Race Street, Denver

CITY PARK SOUTH

One of Denver’s most

January through December

popular destinations,

Average Price

City Park is home to

Average Price per Square Foot

historical monuments,

Average Days on Market

two lakes, picnic sites,

Highest Price

playgrounds, and sweeping

Properties Sold

views of the city’s skyline.

% Sold Price to List Price

2018

2019

% Change

$754,409

$700,236

-7.2%

$507

$479

-5.5%

16

11

-31.3%

$1,100,000

$1,049,900

-4.6%

11

11

0.0%

97.4%

97.4%

0.1%

Boundaries: York to Colorado; Colfax to 17th

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

2018

2019

% Change

$1,196,003

$1,328,756

11.1%

$389

$408

4.8%

148

68

-54.1%

$2,590,000

$2,725,000

5.2%

31

23

-25.8%

95.9%

97.0%

1.1%

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

5900 S Watson Lane, Littleton

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

2018

2019

% Change

$591,170

$640,775

8.4%

$429

$456

6.2%

19

31

63.2%

$1,760,000

$2,300,000

30.7%

208

177

-14.9%

99.2%

96.7%

-2.6%

Boundaries: York to Colorado; 6 Avenue to Colfax th

1489 Steele Street Unit #120, Denver

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

Named after John J. Cory 2018

2019

% Change

and Louise A. Merrill, two

$880,892

$918,259

4.2%

influential Denver educators,

$469

$471

0.4%

Cory-Merrill neighborhood

48

52

8.3%

was founded in 1859 to be a

$1,750,000

$1,800,000

2.9%

dry town because its citizens

106

121

14.2%

didn’t like the saloons that

96.6%

95.6%

-1.0%

had taken over Denver.

Boundaries: South University Blvd to South Colorado Blvd; 1-25 to East Mississippi Ave

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

102 N Gilpin Street, Denver

2018

2019

% Change

$2,849,696

$2,716,913

-4.7%

$684

$655

-4.2%

77

77

0.0%

$5,668,830

$5,650,000

-0.3%

21

15

-28.6%

93.9%

92.8%

-1.1%

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

coloradomicroreports.com

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

2018

2019

% Change

$1,421,287

$1,486,677

4.6%

$455

$512

12.4%

34

33

-2.9%

$3,550,665

$3,235,000

-8.9%

40

30

-25.0%

97.5%

97.6%

0.1%

Boundaries: Holly to Monaco; Bayaud to 6 Avenue th

250 Jasmine Street, Denver

14.8%

DOWNTOWN January through December Average Price Average Price per Square Foot

The average price for Downtown increased

Average Days on Market

by 14.8% January through December 2019

Highest Price

compared to that of 2018.

Properties Sold % Sold Price to List Price

2018

2019

% Change

$590,111

$677,246

14.8%

$468

$511

9.2%

89

175

96.6%

$4,500,000

$10,750,000

138.9%

483

459

-5.0%

96.9%

96.7%

-0.2%

(Attached Dwellings) Boundaries: Downtown Denver MLS Area

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

2018

2019

% Change

$610,718

$618,803

1.3%

$367

$386

5.2%

430

61

-85.8%

$1,150,000

$1,475,000

28.3%

83

31

-62.7%

98.0%

95.5%

-2.6%

Boundaries: North Speer Blvd to Broadway; Colfax to 7th *Of the 83 residences sold Jan - Dec 2018, 43 residences were new construction

50 W 10th Avenue, Denver

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

2018

2019

% Change

$1,204,937

$1,185,228

-1.6%

$359

$387

7.8%

68

70

2.9%

$2,130,000

$2,250,000

5.6%

54

54

0.0%

97.4%

96.0%

-1.4%

Boundaries: I-25 to Havana; Belleview to Orchard

9801 E Progress Circle, Greenwood Village

GREENWOOD VILLAGE WEST January through December Average Price Average Price per Square Foot

2018

2019

% Change

Over the past 50 years,

$1,636,693

$1,732,336

5.8%

Greenwood Village has

$399

$428

7.3%

gone from a land of gravel

64

55

-14.1%

roads and small farms to an

$3,375,000

$3,125,000

-7.4%

energetic blend of residential

52

50

-3.8%

and commercial areas.

94.0%

95.3%

1.4%

Average Days on Market Highest Price Properties Sold % Sold Price to List Price

(Under 1 Acre) Boundaries: Orchard to Belleview; Clarkson to I-25

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

4851 Preserve Parkway North, Greenwood Village

2018

2019

% Change

$2,438,625

$2,062,587

-15.4%

$464

$454

-2.2%

134

64

-52.2%

$5,100,000

$6,500,000

27.5%

24

23

-4.2%

93.4%

92.1%

-1.4%

(Over 1 Acre) Boundaries: Orchard to Belleview; Clarkson to I-25

coloradomicroreports.com

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

2018

2019

% Change

$653,339

$702,840

7.6%

$469

$490

4.5%

18

29

61.1%

$1,495,000

$2,255,000

50.8%

87

97

11.5%

99.1%

97.1%

-2.0%

7.6%

The average price for the neighborhood of Hale Mayfair increased by 7.6% January through

December 2019 compared to that of 2018.

Boundaries: Colorado to Holly; 6th to Colfax

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

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

2019

% Change

$814,597

$882,125

8.3%

$281

$280

-0.4%

27

29

7.4%

$1,075,000

$1,625,000

51.2%

19

26

36.8%

96.0%

98.2%

2.3%

Boundaries: Dry Creek to County Line; Colorado Blvd to Holly

4323 E Links Parkway, Centennial

January through December

2018

2018

2019

% Change

$613,485

$696,808

13.6%

$444

$468

5.4%

65

52

-20.0%

$1,875,000

$2,300,000

22.7%

303

304

0.3%

98.1%

96.5%

-1.6%

13.6% The average price for the neighborhood of

Highlands increased by 13.6% January through December 2019 compared to that of 2018.

Boundaries: W 38th Avenue to Speer Blvd; S Platte River to Federal Blvd

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(WEST) HIGHLANDS

Overlooking downtown Denver, the Highlands

January through December

is a bustling residential

Average Price

neighborhood featuring

Average Price per Square Foot

avenues lined with elegant

Average Days on Market

old homes, chic cocktail

Highest Price

bars and trendsetting

Properties Sold

restaurants.

% Sold Price to List Price

2018

2019

% Change

$603,927

$661,777

9.6%

$488

$497

1.7%

21

34

61.9%

$1,550,000

$1,900,000

22.6%

240

221

-7.9%

97.8%

-0.3%

98.1%

Boundaries: 38 Avenue; Federal to Sheridan th

HIGHLANDS RANCH January through December Average Price Average Price per Square Foot

2019

% Change

$510,703

$516,972

1.2%

$250

$256

2.4%

15

22

46.7%

The average price per square foot for the

$2,930,758

$4,595,032

56.8%

neighborhood of Highlands Ranch increased

594

598

0.7%

by 2.4% January through December 2019

99.3%

98.5%

-0.8%

compared to that of 2018.

Average Days on Market Highest Price Properties Sold % Sold Price to List Price

2.4%

2018

Boundaries: Daniels Park to County Line; Santa Fe to Quebec

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

265 S Elm Street, Denver

2018

2019

% Change

$1,299,505

$1,412,502

8.7%

$431

$462

7.1%

59

47

-20.3%

$3,725,000

$3,500,000

-6.0%

77

96

24.7%

95.7%

93.9%

-1.9%

Boundaries: Alameda to 6th; Colorado to Holly

coloradomicroreports.com

HOMESTEAD January through December Average Price

2018

2019

% Change

$576,218

$530,833

-7.9%

$297

$305

2.7%

24

32

33.3%

$1,355,000

$1,347,000

-0.6%

127

107

-15.7%

97.6%

96.9%

-0.7%

Average Price per Square Foot Average Days on Market Highest Price Properties Sold % Sold Price to List Price Boundaries: Colorado to Quebec; Arapahoe to Dry Creek

4045 E Geddes Circle, Centennial

3.8%

The average price for the neighborhood of

Jefferson Park increased by 3.8% January through December 2019 compared to that of 2018.

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

2018

2019

% Change

$531,842

$551,806

3.8%

$392

$421

7.5%

41

47

14.6%

$865,000

$1,170,000

35.3%

172

135

-21.5%

99.3%

97.1%

-2.2%

Boundaries: Federal Blvd to S Platte River; South of 29th Ave & Speer Blvd, North of Mile High Stadium

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

2018

2019

% Change

$1,181,365

$1,137,658

-3.7%

$376

$345

-8.2%

129

89

-31.0%

$2,650,000

$1,500,000

-43.4%

13

13

0.0%

90.2%

95.1%

5.5%

Located in the scenic foothills and bordering 1,500 acres of open space, Keene Ranch offers convenient access to Castle Rock and award-winning golf courses.

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

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6.3%

The average price for the neighborhood of Ken-Caryl North Ranch increased by 6.3% January through December 2019

compared to that of 2018.

KEN-CARYL NORTH RANCH January through December Average Price Average Price per Square Foot Average Days on Market Highest Price Properties Sold % Sold Price to List Price

2018

2019

% Change

$973,593

$1,035,050

6.3%

$279

$294

5.4%

66

57

-13.6%

$1,256,150

$1,385,000

10.3%

23

14

-39.1%

93.0%

92.3%

-0.8%

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

KEN-CARYL VALLEY January through December Average Price Average Price per Square Foot Average Days on Market Highest Price Properties Sold % Sold Price to List Price

28.2%

2018

2019

% Change

$781,100

$833,007

6.6%

$288

$300

4.1%

39

28

-28.2%

$1,500,000

$2,700,000

80.0%

neighborhood of Ken-Caryl Valley decreased

63

64

1.6%

by 28.2% January through December 2019

98.1%

97.5%

-0.6%

compared to that of 2018.

The average days on market for the

Boundaries: Tamarade Drive to Manor House Road; Mountain High Court to West Ken Carly Ave

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

2400 Routt Street, Lakewood

2018

2019

% Change

$488,317

$507,615

4.0%

$300

$307

2.4%

24

29

20.8%

$6,490,000

$2,425,000

-62.6%

1,439

1,545

7.4%

98.5%

97.9%

-0.6%

Boundaries: City of Lakewood

coloradomicroreports.com

LOHI January through December Average Price Average Price per Square Foot

2019

% Change

$635,012

$718,078

13.1%

$443

$465

4.9%

55

58

5.5%

$1,875,000

$2,300,000

22.7%

The average price for the neighborhood of

229

223

-2.6%

LoHi increased by 13.1% January through

97.9%

96.4%

-1.6%

December 2019 compared to that of 2018.

Average Days on Market Highest Price Properties Sold % Sold Price to List Price

13.1%

2018

Boundaries: W 38th Avenue to I-25; Speer Blvd to Zuni Street

9.2%

The average price per square foot for the neighborhood of Lone Tree increased by 9.2% January through December 2019

compared to that of 2018.

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

2018

2019

% Change

$681,251

$873,140

28.2%

$244

$266

9.2%

31

31

0.0%

$1,615,000

$2,610,000

61.6%

50

42

-16.0%

97.5%

96.9%

-0.6%

Boundaries: City of Lone Tree

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

2018

2019

% Change

$825,308

$789,134

-4.4%

$323

$317

-2.0%

31

26

-16.1%

$1,650,000

$1,850,000

12.1%

62

48

-22.6%

98.0%

97.5%

-0.5%

Once an air force base, Lowry is now known for its green spaces, such as Sunset Park and Great Lawn Park, offering playground, meadows and summer concerts.

Boundaries: Quebec to Unita; Alameda to 11th

MICROMARKET REPORT | Denver Metro livsothebysrealty.com

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

2018

2019

% Change

$475,060

$469,249

-1.2%

$216

$225

4.4%

29

42

44.8%

$797,500

$825,000

3.4%

430

521

21.2%

98.6%

98.0%

-0.6%

Boundaries: N Meadows Drive to Coachline Road; Breezy Lane to Dairylide Street

2201 Trailblazer Way, Castle Rock

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

2018

2019

% Change

$652,274

$641,228

-1.7%

$431

$437

1.4%

38

36

-5.3%

$1,450,000

$1,600,000

10.3%

123

133

8.1%

97.3%

96.3%

-1.0%

Boundaries: Holly to Quebec; 6th to Colfax

OBSERVATORY PARK Observatory Park, named

January through December

after the University of

Average Price

Denver’s Historic Chamberlin

Average Price per Square Foot

Observatory, is located off of

Average Days on Market

Evans just blocks from the

Highest Price

University of Denver.

Properties Sold % Sold Price to List Price

2018

2019

% Change

$1,313,834

$1,301,357

-0.9%

$436

$477

9.3%

46

63

37.0%

$3,004,324

$3,050,000

1.5%

70

96

37.1%

97.0%

94.1%

-3.0%

Boundaries: University to Colorado; Evans to Yale

coloradomicroreports.com

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

2018

2019

% Change

$764,281

$795,487

4.1%

$465

$480

3.2%

20

30

50.0%

$2,195,000

$2,920,000

33.0%

227

206

-9.3%

98.1%

97.4%

-0.7%

Boundaries: Colfax to 26 ; Colorado to Quebec th

2500 Locust Street, Denver

7.0%

The average price for the neighborhood of Platt Park increased by 7.0% January through

December 2019 compared to that of 2018.

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

2018

2019

% Change

$684,737

$732,356

7.0%

$507

$554

9.3%

50

23

-54.0%

$1,608,256

$1,957,422

21.7%

107

99

-7.5%

98.5%

98.2%

-0.3%

Boundaries: Broadway to Downing; Louisiana to Evans

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

2018

2019

% Change

$1,433,750

$1,296,557

-9.6%

This neighborhood is great

$342

$297

-13.3%

for residents who are

172

101

-41.3%

interested in equestrian

$2,490,000

$3,300,000

32.5%

riding and polo matches.

6

7

16.7%

95.7%

92.6%

-3.2%

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

MICROMARKET REPORT | Denver Metro livsothebysrealty.com

JANUARY - DECEMBER 2019 • COLORADOMICROREPORTS.COM

12.0%

The average price for the neighborhoods of Pradera & Timbers increased by 12.0% January through December 2019

compared to that of 2018.

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

2018

2019

% Change

$821,479

$919,697

12.0%

$245

$262

6.9%

44

82

86.4%

$1,725,000

$1,900,000

10.1%

104

106

1.9%

97.8%

96.3%

-1.5%

Boundaries: Praders and Timbers Subdivisions in Parker

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

2018

2019

% Change

$452,567

$526,261

16.3%

$402

$414

2.8%

27

51

88.9%

$905,000

$1,150,000

27.1%

76

65

-14.5%

98.2%

96.9%

-1.3%

16.3%

The average price for the neighborhood of RiNo increased by 16.3% January through December 2019 compared to that of 2018.

Boundaries: I-25 to York St; South of I-70; North of Park Ave; East of Lawrence St to 40th Avenue

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

18852 E Long Avenue, Centennial

2018

2019

% Change

$655,772

$652,567

-0.5%

$208

$220

5.8%

52

72

38.5%

$970,000

$975,000

0.5%

86

83

-3.5%

96.4%

96.8%

0.4%

Boundaries: North of E Dry Creek Rd; South of Smoky Hill Rd; West of E-470; East of S Liverpool St

coloradomicroreports.com

SLOAN’S LAKE January through December Average Price Average Price per Square Foot

2018

2019

% Change

The urban development

$666,400

$702,392

5.4%

currently taking place in

$480

$467

-2.7%

Sloan’s Lake offers its

21

45

114.3%

residences convenient

$1,511,733

$2,525,500

67.1%

access to new restaurants,

137

144

5.1%

breweries, and

97.5%

96.6%

-0.9%

public transportation.

Average Days on Market Highest Price Properties Sold % Sold Price to List Price Boundaries:Colfax to 29th; Sheridan to Federal

4.2%

The average price for the neighborhood of Southern Hills increased by 4.2% January through December 2019 compared to that of 2018.

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

2018

2019

% Change

$798,017

$831,497

4.2%

$428

$434

1.3%

17

28

64.7%

$2,071,510

$3,325,000

60.5%

66

49

-25.8%

97.6%

97.1%

-0.5%

Boundaries: University to Colorado; Yale to Hampden

SOUTHGLENN January through December Average Price Average Price per Square Foot

2018

2019

% Change

$465,048

$472,451

1.6%

$262

$268

2.1%

15

21

40.0%

$650,000

$587,000

-9.7%

48

43

-10.4%

99.5%

97.8%

-1.7%

Average Days on Market Highest Price Properties Sold % Sold Price to List Price

Boundaries:Washington to University; Arapahoe to Dry Creek

6741 S Ivy Way #B3, Centennial

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4.0%

The average price for the neighborhood of Stapleton increased by 4.0% January through December 2019 compared to that of 2018.

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

2018

2019

% Change

$679,721

$706,598

4.0%

$317

$328

3.5%

39

44

12.8%

$1,470,000

$1,386,185

-5.7%

380

404

6.3%

100.0%

99.4%

-0.6%

Boundaries: Quebec to Havana; 23rd to 40th

SUNNYSIDE January through December

2018

2019

% Change

$547,601

$563,793

3.0%

$435

$458

5.1%

25

29

16.0%

$1,150,000

$1,265,000

10.0%

281

286

1.8%

99.6%

97.5%

-2.1%

Average Price Average Price per Square Foot Average Days on Market Highest Price Properties Sold % Sold Price to List Price Boundaries: Federal Blvd to Inca St; W 38th Ave to I-70

4052 Lipan Street, Denver

TALLYN’S REACH Tallyn’s Reach is known for its beautiful surroundings.

Here, 200-year-old Ponderosa Pines accentuate the landscape from nearly every vantage.

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

2018

2019

% Change

$565,588

$583,338

3.1%

$218

$218

0.0%

41

64

56.1%

$1,199,000

$1,200,000

0.1%

115

120

4.3%

98.3%

96.3%

-2.1%

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

coloradomicroreports.com

UPTOWN January through December Average Price

2018

2019

% Change

$456,738

$475,915

4.2%

$399

$382

-4.3%

22

30

36.4%

$1,249,999

$1,364,900

9.2%

159

141

-11.3%

97.4%

-1.6%

Average Price per Square Foot Average Days on Market Highest Price Properties Sold

99.0%

% Sold Price to List Price

Boundaries:North of Colfax, East of Broadway, South of 20 , 20 & Park to 19 ; West of Josephine th

th

8.7%

The average price for the neighborhood of Washington Park East increased by 8.7% January through December 2019 compared to that of 2018.

th

1760 N Williams Street, Denver

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

2018

2019

% Change

$1,263,838

$1,373,162

8.7%

$619

$597

-3.6%

35

49

40.0%

$3,650,000

$5,611,000

53.7%

122

125

2.5%

97.2%

95.1%

-2.1%

Boundaries: Louisiana to Ellsworth, Downing to University

WASHINGTON PARK WEST 2018

2019

% Change

Washington Park is a

$721,474

$716,594

-0.7%

popular destination for

$489

$492

0.7%

outdoor recreation in

24

32

33.3%

Denver with its many

$2,390,000

$1,850,000

-22.6%

running trails, bike paths,

148

172

16.2%

yoga sports, and paddle

98.6%

97.5%

-1.1%

boarding areas.

January through December Average Price Average Price per Square Foot Average Days on Market Highest Price Properties Sold % Sold Price to List Price Boundaries:Louisiana to Ellsworth; Broadway to Downing

MICROMARKET REPORT | Denver Metro livsothebysrealty.com

JANUARY - DECEMBER 2019 • COLORADOMICROREPORTS.COM

The life you love.

livsothebysrealty.com | 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.