Denver Metro Q3, 2018 Micro Market Report

MICROMARKET REPORT |

Denver Metro • January-September 2018

DENVER METRO NEIGHBORHOODS 7 11 10

6

4 3

35 14 15 34 13 19 20 33 16 21 32 12 31 17 22 23 30 18

45

36 37 43 38

42

44

29 28 27

5 26

39

9 25 2

8

54

40

53

41

1

24

46

47 48 52

49

50

51

1.

Ken Caryl Valley

28.

Southern Hills

2.

Ken Caryl North Ranch

29.

Observatory Park

3. Lakewood

30. Cory-Merrill

4. Belmar

31.

Cherry Creek South/East

5.

Bow Mar/Bow Mar South

32.

Cherry Creek North

6.

Sloan’s Lake

33.

Congress Park

7. Berkeley

34.

City Park South

8.

Polo Reserve

35.

City Park

9.

Columbine Valley

36.

Park Hill

10. LoHi

37.

Hale Mayfair

11. Highlands

38. Hilltop

12. Baker

39.

13.

40. Homestead

Golden Triangle

Greenwood Village East

14. Downtown

41.

Heritage Greens

15. Uptown

42. Crestmoor

16.

Denver (City)

43. Montclair

17.

Washington Park West

44. Lowry

18.

Platt Park

45. Stapleton

19.

Capitol Hill

46.

Lone Tree

20. Cheesman

47.

Castle Pines North

21.

Country Club

48.

Castle Pines Village

22.

Washington Park East

49.

The Meadows

23.

Bonnie Brae/Belcaro

50.

Keene Ranch

24.

Highlands Ranch

51.

Bell Mountain Ranch

25. Southglenn

52.

Pradera & Timbers

26.

Greenwood Village West

53.

Tallyn’s Reach

27.

Cherry Hills Village

54.

Saddle Rock Golf Club

Pictured on cover: 1 Ravenswood Road, Cherry Hills Village

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DENVER METRO market update Panoramic mountain views, a strong economy, trendy restaurants and entertainment, and a heart for innovation, are just a few of the reasons many people are proud to live in the Denver Metro. While the Denver Metro area continues to attract new buyers, the rate of available housing lags slightly behind, even with steady new development.

LIV Sotheby’s International Realty reports on the Denver Metro’s real estate market, sectioning into 54 neighborhoods. For January through September 2018, the number of new listings, listings sold, days on market, and percentage of sold-price to original list-price, remain similar to 2017. However, the reported average price continues to rise in 2018, with an 8.6% increase in average price for single-family homes (rising to $515,455 in 2018) and an 11.3% increase in average price for attached dwellings (rising to $347,707 in 2018). In addition, the January through September 2017 2018 % Change total dollar volume sold also raised in 2018 by 5.6%. The good news for sellers is that New Listings 50,982 51,463 0.9% buyers are willing to pay higher prices with a limited amount of new inventory, until Sold Listings (All Properties) 41,247 39,902 -3.3% the new construction projects catch up with the high-demand.

DENVER METRO

Sold Single Family

Across the 54 neighborhoods there are notable drops in average days on market and increases in average price for January through September of 2018 compared to the same time frame of 2017. Some specific highlights from the Denver Metro area include a notable 94.3% increase in properties sold in the Golden Triangle to 68 properties in 2018 (from 35 properties in 2017), a 50% decrease in average days on market for Hale Mayfair to just 14 days in 2018, and a 26.2% increase in average price for City Park South to $807,143 in 2018.

Average Price Single Family Sold Attached Dwellings Average Price Attached Dwellings Average Days on Market % Sold Price to Original List Price Total Dollar Volume Sold

29,135

28,092

-3.6%

$474,444

$515,455

8.6%

12,112

11,810

-2.5%

$312,374

$347,707

11.3%

23

23

0.0%

99.4%

99.4%

0.0%

$17,606,395,132

$18,586,566,313

5.6%

Counties: Adams, Arapahoe, Broomfield, Denver, Douglas, Jefferson Attached Dwellings Include: Condos, Townhomes, and Duplexes

LIV Sotheby’s International Realty has represented 56% of the top 25 sales in the Metro Denver, year-to-date. Significant sales include: 3 Countryside Lane in Cherry Hills Village for $6,950,000, 9268 South Perry Park Road in Larkspur for $6,750,000, and 210 Vine Street in Denver for $5,668,830.

With no surprise, buyers should be prepared to act quick when their Metro Denver dream-home is found. Sellers may be witnessing more activity, but should still prepare their home for excellent conditions as many buyers are comparing homes to new builds (that come without any wear-and-tear).

livsothebysrealty.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.

MICROMARKET REPORT | Denver Metro JANUARY- SEPTEMBER 2018 • COLORADOMICROREPORTS.COM

DENVER (CITY) January through September Average Price

2017

2018

% Change

$458,756

$506,396

10.4%

$270

$293

8.5%

23

23

0.0%

$5,850,000

$8,000,000

36.8%

Properties Sold

10,797

10,771

-0.2%

% Sold Price to List Price

99.1%

99.1%

0.0%

Average Price per Square Foot Average Days on Market Highest Price

Boundaries: City of Denver

475 Maidson Street, Denver

BAKER January through September Average Price

2017

$489,198

11.5%

$368

$400

8.8%

21

36

71.4%

$802,500

$940,000

17.1%

92

94

2.2%

99.9%

100.0%

0.1%

Average Days on Market

Properties Sold % Sold Price to List Price

% Change

$438,656

Average Price per Square Foot

Highest Price

2018

Baker received historic district designation by the City of Denver in 2000, and is lined with 19th century brick houses and charming local restaurants and businesses.

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

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

2017

2018

% Change

$798,967

$897,333

12.3%

$290

$316

8.9%

153

154

0.7%

$967,500

$1,400,000

44.7%

12

18

50.0%

94.8%

95.4%

0.6%

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

4601 High Spring Road, Bell Mountain Ranch

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10.0%

The average price for the neighborhood of Belmar increased by 10.0% January through September 2018 compared to that of 2017.

BELMAR January through September

2017

Average Price

% Change

$384,973

$423,469

10.0%

$255

$283

10.9%

33

20

-39.4%

$850,000

$1,125,000

32.4%

32

34

6.3%

99.0%

99.1%

0.1%

Average Price per Square Foot Average Days on Market Highest Price

2018

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

BERKELEY January through September

2017

Average Price

$613,087

14.1%

$445

$482

8.3%

22

18

-18.2%

$1,300,000

$1,302,611

0.2%

136

124

-8.8%

98.8%

99.2%

0.4%

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

% Change

$537,543

Average Price per Square Foot

Berkeley offers its residences an eclectic mix of popular dining options, local art galleries, and a convenient location near I-70.

2018

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

BONNIE BRAE/BELCARO January through September

2017

2018

Average Price

$1,145,243

$1,310,273

14.4%

$511

$542

6.0%

27

38

40.7%

$2,300,000

$2,700,000

17.4%

43

57

32.6%

97.3%

98.4%

1.1%

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

% Change

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

3130 East Exposition Avenue, Bonnie Brae

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BOW MAR/BOW MAR SOUTH January through September

2017

2018

Average Price

$1,260,744

$1,475,292

17.0%

$401

$481

20.0%

66

58

-12.1%

$2,630,000

$2,350,000

-10.6%

18

12

-33.3%

93.5%

97.0%

3.7%

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

17.0%

% Change

The average price for the neighborhoods of Bow Mar/Bow Mar South increased by 17.0% January through September 2018 compared to that of 2017.

Boundaries:

CAPITOL HILL January through September Average Price

2017

$384,941

10.9%

$335

$374

11.6%

23

35

52.2%

$3,250,000

$3,100,000

-4.6%

285

337

18.2%

99.2%

98.9%

-0.3%

Average Days on Market

Properties Sold % Sold Price to List Price

% Change

$347,039

Average Price per Square Foot

Highest Price

2018

Boundaries: Broadway to Downing; 6th to Colfax

900 Pennsylvania Street, Capitol Hill

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

2017

2018

% Change

$639,191

$730,538

14.3%

$230

$248

7.8%

46

56

21.7%

$1,785,000

$1,925,670

7.9%

186

171

-8.1%

96.0%

97.0%

1.0%

Castle Pines, located just 20 miles south of Denver, offers its residents the perfect balance of open space and urban living.

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

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CASTLE PINES VILLAGE January through September

2017

2018

Average Price

$1,169,662

$1,191,863

1.9%

$329

$345

4.9%

166

138

-16.9%

$4,800,000

$4,300,000

-10.4%

102

118

15.7%

88.0%

92.0%

4.5%

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

% Change

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

1041 Meteor Place, Castle Pines Village

18.0%

January through September 2018, the average price in the neighborhood of Cheesman increased by 18.0% compared to that of 2017.

CHEESMAN January through September

2017

Average Price

$482,630

18.0%

$372

$385

3.5%

31

21

-32.3%

$5,000,000

$3,380,000

-32.4%

132

118

-10.6%

99.3%

98.5%

-0.8%

Average Days on Market

Properties Sold % Sold Price to List Price

% Change

$409,169

Average Price per Square Foot

Highest Price

2018

Boundaries: York to Downing; Colfax to 8th

CHERRY CREEK NORTH January through September Average Price Average Price per Square Foot Average Days on Market Highest Price Properties Sold % Sold Price to List Price

2017

2018

% Change

$1,064,447

$1,021,314

-4.1%

$468

$506

8.3%

61

68

11.5%

$4,800,000

$2,700,000

-43.8%

102

103

1.0%

96.3%

94.8%

-1.5%

Boundaries: York to Colorado; 1st to 6th

464 Madison Street, Cherry Creek North

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11.3%

CHERRY CREEK EAST & SOUTH January through September

2017

Average Price

$722,203

11.3%

$371

$395

6.5%

137

67

-51.1%

$1,720,000

$3,250,000

89.0%

101

99

-2.0%

97.2%

96.2%

-1.0%

Average Days on Market

Properties Sold % Sold Price to List Price

% Change

$648,695

Average Price per Square Foot

Highest Price

2018

January through September 2018, the average price in the neighborhood of Cherry Creek East & South increased by 11.3% compared to that of 2017.

Boundaries: University to Colorado; Alameda to 1st

CHERRY HILLS VILLAGE January through September

2017

2018

Average Price

$1,617,638

$1,694,146

4.7%

$387

$404

4.4%

82

71

-13.4%

$3,800,000

$3,962,500

4.3%

50

56

12.0%

93.4%

93.2%

-0.3%

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

% Change

Cherry Hills Village, located just south of Denver, was named for the cherry tree groves that lined the original town site.

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

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

2017

2018

% Change

$2,779,480

$2,899,748

4.3%

$482

$469

-2.8%

159

134

-15.7%

$6,000,000

$7,500,000

25.0%

40

36

-10.0%

91.2%

89.0%

-2.4%

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

7 Vista Road, Cherry Hills Village

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CITY PARK January through September

One of Denver’s most popular destinations, City Park is home to historical monuments, two lakes, picnic sites, playgrounds, and sweeping views of the city’s skyline.

2017

Average Price

% Change

$583,130

$606,548

4.0%

$352

$399

13.3%

24

16

-33.3%

$1,300,000

$1,220,000

-6.2%

62

81

30.6%

98.8%

100.3%

1.6%

Average Price per Square Foot Average Days on Market Highest Price

2018

Properties Sold % Sold Price to List Price Boundaries: Downing to York; 18th to Martin Luther King

CITY PARK SOUTH January through September

2017

Average Price

$807,143

26.2%

$447

$505

13.2%

16

14

-12.5%

$935,000

$1,100,000

17.6%

17

7

-58.8%

98.7%

97.5%

-1.2%

Average Days on Market

Properties Sold % Sold Price to List Price

% Change

$639,633

Average Price per Square Foot

Highest Price

2018

Boundaries: York to Colorado; Colfax to 17th

2749 York Street, City Park South

29.6%

The highest price for the neighborhood of Columbine Valley increased by 29.6% January through December 2018 compared to that of 2017.

COLUMBINE VALLEY January through September

2017

2018

Average Price

$985,300

$1,232,634

25.1%

$334

$400

19.9%

142

159

12.0%

$1,999,000

$2,590,000

29.6%

30

27

-10.0%

94.1%

96.8%

2.9%

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

% Change

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

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CONGRESS PARK January through September

2017

Average Price

% Change

$545,950

$591,967

8.4%

$419

$439

4.7%

24

16

-33.3%

$1,350,000

$1,760,000

30.4%

166

164

-1.2%

98.8%

100.0%

1.2%

Average Price per Square Foot Average Days on Market Highest Price

2018

Properties Sold % Sold Price to List Price

Congress Park saw major residential development between 1900 and 1930, with little residential construction in recent years, preserving the neighborhood’s historic value.

Boundaries: York to Colorado; 6th to Colfax

CORY-MERRILL January through September Average Price

2017

$918,558

6.9%

$444

$474

6.8%

37

41

10.8%

$1,615,000

$1,750,000

8.4%

93

91

-2.2%

96.7%

97.4%

0.7%

Average Days on Market

Properties Sold % Sold Price to List Price

6.8%

% Change

$859,659

Average Price per Square Foot

Highest Price

2018

The average price per square foot for the neighborhood of Cory-Merrill increased by 6.8% January through September 2018 compared to that of 2017.

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

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

2017

2018

% Change

$2,240,833

$2,824,700

26.1%

$561

$663

18.3%

116

63

-45.7%

$3,735,000

$5,668,830

51.8%

6

15

150.0%

96.1%

94.8%

-1.3%

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

470 Race Street, Country Club

coloradomicroreports.com

CRESTMOOR January through September

2017

Average Price

$1,381,236

-0.4%

$442

$456

3.2%

26

34

30.8%

$2,475,000

$3,550,665

43.5%

20

29

45.0%

96.3%

99.8%

3.6%

Average Days on Market

Properties Sold % Sold Price to List Price

% Change

$1,386,550

Average Price per Square Foot

Highest Price

2018

Boundaries: Holly to Monaco; Bayaud to 6th

10 South Ivy Street, Crestmoor

3.2%

January through September 2018, the average price in Downtown Denver increased by 3.2% compared to that of 2017.

DOWNTOWN January through September Average Price

2017

$588,124

3.2%

$449

$467

4.0%

53

79

49.1%

$4,950,000

$4,150,000

-16.2%

399

381

-4.5%

96.8%

97.3%

0.5%

Average Days on Market

Properties Sold % Sold Price to List Price

% Change

$569,700

Average Price per Square Foot

Highest Price

2018

Boundaries: Downtown Denver MLS Area

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

1200 Acoma Street #401, Golden Triangle

2017

2018

% Change

$462,817

$620,258

34.0%

$349

$368

5.4%

36

348

866.7%

$875,000

$1,150,000

31.4%

35

68

94.3%

97.6%

99.1%

1.6%

Boundaries: North Speer Boulevard to Broadway; Colfax to 7th *Of the 68 residences sold January through September 2018, 37 residences were considered new construction.

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GREENWOOD VILLAGE EAST January through September

2017

2018

Average Price

$1,192,290

$1,193,439

0.1%

$379

$340

-10.2%

90

57

-36.7%

$2,133,370

$2,130,000

-0.2%

29

48

65.5%

97.1%

97.6%

0.4%

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

% Change

Boundaries: I-25 to Havana; Belleview to Orchard

43 Sommerset Circle, Greenwood Village East

GREENWOOD VILLAGE WEST January through September

2017

2018

Average Price

$1,457,604

$1,601,667

9.9%

$398

$395

-0.7%

96

60

-37.5%

$3,230,899

$3,375,000

4.5%

45

42

-6.7%

93.6%

94.9%

1.4%

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

% Change

Over the past 50 years, Greenwood Village has gone from a land of gravel roads and small farms to an energetic blend of residential and commercial areas.

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

GREENWOOD VILLAGE WEST January through September

2017

Average Price

$2,011,889

$2,306,688

14.7%

$400

$433

8.5%

38

94

147.4%

$3,750,000

$5,100,000

36.0%

9

16

77.8%

96.4%

94.5%

-2.0%

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

2018

% Change

14.7%

January through September 2018, the average price for the neighborhood of Greewood Village increased by 14.7% compared to that of 2017.

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

coloradomicroreports.com

11.0%

The average price for the neighborhood of Hale Mayfair increased by 11.0% January through September 2018 compared to that of 2017.

HALE MAYFAIR January through September

2017

Average Price

$661,814

11.0%

$439

$477

8.6%

28

14

-50.0%

$1,250,000

$1,495,000

19.6%

92

70

-23.9%

99.3%

99.9%

0.6%

Average Days on Market

Properties Sold % Sold Price to List Price

% Change

$596,415

Average Price per Square Foot

Highest Price

2018

Boundaries: Colorado to Holly; 6th to Colfax

HERITAGE GREENS January through September Average Price

2017

$808,711

-3.9%

$266

$288

8.4%

54

28

-48.1%

$1,575,000

$1,075,000

-31.7%

27

14

-48.1%

96.8%

98.1%

1.3%

Average Days on Market

Properties Sold % Sold Price to List Price

% Change

$841,522

Average Price per Square Foot

Highest Price

2018

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

7770 South Glencoe Way, Heritage Greens

8.8%

January through September 2018, the average price per square foot for the neighborhood of Highlands increased by 8.8% compared to that of 2017.

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

2017

2018

% Change

$605,910

$610,422

0.7%

$411

$448

8.8%

50

64

28.0%

$1,649,000

$1,875,000

13.7%

229

231

0.9%

97.4%

98.5%

1.1%

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

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(WEST) HIGHLANDS January through September Average Price

2017

2018

$606,741

$599,704

-1.2%

$441

$495

12.1%

20

16

-20.0%

$1,399,000

$1,550,000

10.8%

177

190

7.3%

98.8%

99.0%

0.2%

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

% Change

Boundaries:38th Ave; Federal to Sheridan

4563 West 34th Avenue, West Highlands

HIGHLANDS RANCH January through September Average Price

2017

2018

$503,978

$518,430

2.9%

$239

$249

4.1%

18

13

-27.8%

$8,116,000

$2,930,758

-63.9%

507

511

0.8%

99.8%

99.8%

0.1%

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

4.1%

% Change

The average price per square foot for the neighborhood of Highlands Ranch increased by 4.1% January through September 2018 compared to that of 2017.

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

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

2017

2018

% Change

$1,442,940

$1,295,189

-10.2%

$438

$434

-1.0%

78

58

-25.6%

$4,950,000

$2,925,000

-40.9%

74

62

-16.2%

95.7%

96.0%

0.2%

Boundaries: Alameda to 6th; Colorado to Holly

25 South Glencoe Street, Hilltop

coloradomicroreports.com

HOMESTEAD January through September Average Price

2017

% Change

$484,322

$577,671

19.3%

$273

$299

9.2%

21

20

-4.8%

$1,075,000

$1,355,000

26.0%

96

108

12.5%

99.0%

98.3%

-0.8%

Average Price per Square Foot Average Days on Market Highest Price

2018

Properties Sold % Sold Price to List Price Boundaries: Colorado to Quebec; Arapahoe to Dry Creek

7211 South Colorado Court, Homestead

KEENE RANCH January through September

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.

Average Price

2017

$1,177,143

19.2%

$324

$417

28.7%

69

114

65.2%

$1,247,400

$2,375,000

90.4%

10

7

-30.0%

95.5%

87.8%

-8.0%

Average Days on Market

Properties Sold % Sold Price to List Price

% Change

$987,454

Average Price per Square Foot

Highest Price

2018

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

15.4%

The number of properties sold in the neighborhood of Ken-Caryl North Ranch increased by 15.4% January through September 2018 compared to that of 2017.

KEN-CARYL NORTH RANCH January through September

2017

Average Price

$1,044,615

$962,510

-7.9%

$296

$283

-4.5%

37

70

89.2%

$1,495,000

$1,256,150

-16.0%

13

15

15.4%

97.4%

93.3%

-4.1%

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

2018

% Change

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

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KEN-CARYL VALLEY January through September

2017

Average Price

% Change

$701,782

$757,676

8.0%

$273

$288

5.3%

33

23

-30.3%

$1,295,000

$1,235,000

-4.6%

46

50

8.7%

97.4%

98.6%

1.2%

Average Price per Square Foot Average Days on Market Highest Price

2018

Properties Sold % Sold Price to List Price

8.0%

January through September 2018, the average price for the neighborhood of Ken-Caryl Valley increased by 8.0% compared to that of 2017.

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

LAKEWOOD January through September

2017

Average Price

% Change

$445,978

$495,231

11.0%

$276

$301

9.1%

21

22

4.8%

$1,950,000

$6,490,000

232.8%

1,183

1,165

-1.5%

99.1%

99.1%

-0.1%

Average Price per Square Foot Average Days on Market Highest Price

2018

Properties Sold % Sold Price to List Price Boundaries: City of Lakewood

11742 West 28th Avenue, Lakewood

LOHI January through September

2017

Average Price

% Change

$631,085

$633,723

0.4%

$407

$446

9.5%

60

47

-21.7%

$1,649,000

$1,875,000

13.7%

171

171

0.0%

97.0%

98.4%

1.4%

Average Price per Square Foot Average Days on Market Highest Price

2018

Properties Sold % Sold Price to List Price

The Lower Highlands, LoHi for short, features an eclectic mix of coffee shops, street fairs, farmers’ markets and more.

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

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LONE TREE Lone Tree is home to the Lone Tree Arts Center, which houses a 255 seat event hall for intimate performances, and a 350 seat outdoor terrace theatre.

January through September

2017

Average Price

$752,447

7.2%

$273

$280

2.5%

44

40

-9.1%

$2,600,000

$2,400,000

-7.7%

186

196

5.4%

97.1%

97.5%

0.3%

Average Days on Market

Properties Sold % Sold Price to List Price

% Change

$702,076

Average Price per Square Foot

Highest Price

2018

Boundaries: South of Ridgegate parkway to County Line; Peoria to Quebec

LOWRY January through September

2017

Average Price

$831,594

13.4%

$287

$325

13.2%

34

31

-8.8%

$1,525,000

$1,650,000

8.2%

53

54

1.9%

97.2%

98.2%

1.0%

Average Days on Market

Properties Sold % Sold Price to List Price

% Change

$733,293

Average Price per Square Foot

Highest Price

2018

Boundaries: Quebec to Unita; Alameda to 11th

7866 East Severn Place, Lowry

THE MEADOWS

7.0%

The average price per square foot for the neighborhood of The Meadows increased by 7.0% January through September 2018 compared that of 2017.

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

2017

2018

% Change

$447,868

$463,607

3.5%

$201

$215

7.0%

26

30

15.4%

$801,262

$772,000

-3.7%

336

385

14.6%

98.7%

98.8%

0.1%

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

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MONTCLAIR January through September Average Price

2017

$656,467

17.2%

$397

$429

8.1%

27

36

33.3%

$1,225,000

$1,450,000

18.4%

111

94

-15.3%

98.3%

97.7%

-0.7%

Average Days on Market

Properties Sold % Sold Price to List Price

17.2%

% Change

$560,100

Average Price per Square Foot

Highest Price

2018

The average price for the neighborhood of Montclair increased by 17.2% January through September 2018 compared to that of 2017.

Boundaries: Holly to Quebec; 6th to Colfax

OBSERVATORY PARK January through September

2017

2018

Average Price

$1,173,055

$1,244,177

6.1%

$429

$424

-1.2%

44

48

9.1%

$3,832,953

$2,600,000

-32.2%

78

55

-29.5%

95.7%

96.9%

1.3%

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

% Change

Observatory Park is named after the famous Chamberlain Observatory, designed by Denver architect, Robert Roeschlaub, and can be seen at the center of the park.

Boundaries: University to Colorado; Evans to Yale

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

2017

2018

% Change

$692,138

$768,770

11.1%

$433

$464

7.3%

23

17

-26.1%

$2,050,000

$1,950,000

-4.9%

175

184

5.1%

98.7%

98.9%

0.2%

Boundaries: Colfax to 26th; Colorado to Quebec

2036 Glencoe Street, Park Hill

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Platt Park, formerly a separate city from Denver, was connected to the city by a trolley line that ran through Pearl Street during the 20th century.

PLATT PARK January through September Average Price

2017

% Change

$621,529

$678,458

9.2%

$479

$507

5.7%

11

39

254.5%

$1,210,000

$1,608,256

32.9%

68

84

23.5%

99.5%

98.8%

-0.7%

Average Price per Square Foot Average Days on Market Highest Price

2018

Properties Sold % Sold Price to List Price Boundaries: Broadway to Downing; Louisiana to Evans

POLO RESERVE January through September

2017

Average Price

$1,353,190

$1,222,500

-9.7%

$277

$319

15.1%

257

206

-19.8%

$2,475,000

$1,570,000

-36.6%

5

5

0.0%

99.5%

94.8%

-4.8%

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

2018

% Change

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

6955 South Polo Drive, Polo Reserve

3.1%

January through September 2018, the percent sold price to list price in the neighborhood of Pradera & Timbers increased by 3.1% compared to that of 2017.

PRADERA & TIMBERS January through September Average Price

2017

% Change

$797,728

$815,962

2.3%

$246

$243

-1.2%

91

45

-50.5%

$1,535,000

$1,725,000

12.4%

104

94

-9.6%

94.8%

97.8%

3.1%

Average Price per Square Foot Average Days on Market Highest Price

2018

Properties Sold % Sold Price to List Price Boundaries: Pradera and Timbers Subdivisions in Parker

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SADDLE ROCK January through September

2017

Average Price

2018

$628,074

$655,747

4.4%

$199

$207

3.9%

50

50

0.0%

$1,495,000

$970,000

-35.1%

91

62

-31.9%

96.9%

97.5%

0.6%

Average Price per Square Foot Average Days on Market Highest Price

% Change

Properties Sold % Sold Price to List Price

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

6933 South Picadilly Street, Saddle Rock

SLOAN’S LAKE January through September

2017

Average Price

2018

$616,081

$667,593

8.4%

$424

$491

15.7%

28

18

-35.7%

$1,750,002

$1,511,733

-13.6%

87

106

21.8%

97.5%

98.0%

0.5%

Average Price per Square Foot Average Days on Market Highest Price

% Change

Properties Sold % Sold Price to List Price

The urban development currently taking place in Sloan’s Lake offers its residences convenient access to new restaurants, breweries, and public transportation.

Boundaries: Colfax to 29th; Sheridan to Federal

SOUTHERN HILLS January through September

2017

Average Price

% Change

$703,441

$768,219

9.2%

$377

$418

10.8%

24

18

-25.0%

$1,440,000

$1,300,000

-9.7%

53

53

0.0%

98.8%

97.6%

-1.2%

Average Price per Square Foot Average Days on Market Highest Price

2018

Properties Sold % Sold Price to List Price Boundaries: University to Colorado; Yale to Hampden

10.8%

January through September 2018, the average price per square foot for the neighborhood of Southern Hills increased by 10.8% compared to that of 2017.

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15.4%

The average price for the neighborhood of Southglenn increased by 15.4% January through September 2018 compared to that of 2017.

SOUTHGLENN January through September

2017

Average Price

2018

$410,441

$473,612

15.4%

$238

$261

9.8%

22

13

-40.9%

$516,900

$650,000

25.7%

40

43

7.5%

98.8%

100.6%

1.8%

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

% Change

Boundaries: Washington to University; Arapahoe to Dry Creek

STAPLETON January through September

2017

Average Price

$686,082

4.7%

$294

$317

7.8%

48

40

-16.7%

$1,460,000

$1,470,000

0.7%

224

306

36.6%

99.7%

100.3%

0.6%

Average Days on Market

Properties Sold % Sold Price to List Price

% Change

$655,454

Average Price per Square Foot

Highest Price

2018

Boundaries: Quebec to Havana; 23rd to 40th

9137 East 35th Avenue, Stapleton

TALLYN’S REACH January through September

Tallyn’s Reach is known for its beautiful surroundings. Here, 200-year-old Ponderosa Pines accentuate the landscape from nearly every vantage.

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

2017

2018

% Change

$539,590

$562,431

4.2%

$211

$215

1.8%

47

39

-17.0%

$1,087,000

$1,199,000

10.3%

114

88

-22.8%

98.2%

98.5%

0.3%

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

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UPTOWN January through September Average Price

2017

$457,892

5.2%

$365

$396

8.3%

87

32

-63.2%

$875,000

$1,249,999

42.9%

121

121

0.0%

99.8%

99.0%

-0.7%

Average Days on Market

Properties Sold % Sold Price to List Price

% Change

$435,068

Average Price per Square Foot

Highest Price

2018

8.3%

The average price per square foot for the neighborhood of Uptown increased by 8.3% January through September 2018 compared to that of 2017.

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

WASHINGTON PARK EAST January through September

2017

2018

Average Price

$1,172,773

$1,247,499

6.4%

$548

$625

13.9%

40

32

-20.0%

$5,850,000

$3,650,000

-37.6%

94

93

-1.1%

96.2%

97.3%

1.1%

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

% Change

Boundaries: Lousisana to Ellsworth; Downing to University

394 South Vine Street, Washington Park East

WASHINGTON PARK WEST January through September Average Price

2017

$729,058

10.1%

$436

$490

12.4%

24

24

0.0%

$1,620,000

$2,390,000

47.5%

106

124

17.0%

98.5%

99.2%

0.7%

Average Days on Market

Properties Sold % Sold Price to List Price

% Change

$662,113

Average Price per Square Foot

Highest Price

2018

Washington Park is a popular destination for outdoor recreation in Denver with its many running trails, bike paths, yoga spots, and paddle boarding areas.

Boundaries: Louisiana to Ellsworth; Broadway to Downing

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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.