Inspiring people to
LIV the life they love
Welcome to DENVER
Prepare to be moved . Any Origin, Any Destination. At LIV Sotheby’s International Realty, we understand that relocating to a new area can often be an exciting, yet challenging process. Our award-winning commitment to excellence and the comprehensive relocation services we provide can help ease this transition, making your move as seamless as possible. Please contact the LIV Sotheby’s International Realty Relocation and Referral Services team, and we will be happy to assist you. Welcome to Denver! Kim Taylor SVP of Relocation and Referral Services referral.services@sothebysrealty.com Direct: 720.488.6035
WHO WE ARE
LIV Sotheby’s International Realty is your local, independently-owned, leading real estate firm with an unmatched commitment to marketing, creativity and innovation. Our top-tier broker professionals are experts in Colorado real estate, and through our Sotheby’s International Realty network, we deliver global reach at a local level — like no other firm. We are here to advise and assist you in making sound decisions.
LIV
Sotheby’s International Realty 20 Offices
Cherry Creek
Denver Tech Center
Castle Pines Village
The Village at Castle Pines
Castle Rock
Boulder
Boulder | 29th Street
Evergreen
Breckenridge
Vail
Vail | Mountain Haus
Beaver Creek
Edwards
Telluride | Main Street
Telluride | Oak Street Gondola
Telluride | Mountain Village
Telluride | Transfer Warehouse
Crested Butte
Dillon
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Full-time Relocation Specialists
500 Brokers and Support Staff
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Full-time Marketing Experts
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Locally Owned Offices
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Exceptional Brand
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DENVER OVERVIEW
DENVER HAS A QUALITY OF LIFE THAT MAKES IT ONE OF THE BEST PLACES IN THE U.S. TO LIVE AND WORK.
Panoramic views of the Rocky Mountains
More than 300 days of sunshine each year
11 world-class ski resorts, located within 100 miles of Metro Denver
More than 100 public and private golf courses throughout the region
Ranked as one of the healthiest cities in the country
Some of the finest hospitals and medical research facilities in the world
Denver is one of two cities in the nation to have seven professional sports teams
Boasting the second most highly educated population in the country
Top five city to retire in America
Denver is rated as a top city for healthiest pets
Colorado is home to the most peaks over 14,000 feet in America - 53 to be exact
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DID YOU KNOW?
Metro Denver has a population of 3 million people
Metro Denver’s growth rate has consistently outpaced the national rate every decade since the 1930s
Per capita personal income is $84,788
Median household income is 12.9 percent higher than the national median household income
The cost of living is 19.5 percent above the national average , but well below many other major cities
6 ECONOMIC SNAPSHOT KEY ECONOMIC INDICATORS METRO DENVER 2022 2023 Employment Growth Rate 3.6% 2.2% Unemployment Rate 3.4% 3.3% Office Direct Vacancy Rate 17.6% 30.9% Industrial Direct Vacancy Rate 6.9% 8.3% Retail Direct Vacancy Rate 5.1% 5.9% Consumer Confidence Index 304.4 323.6 Consumer Price Index Change 8.0% 3.5% Real Retail Trade Sales Growth 1.0% 0.38% Residential Home Sales 49,529 41,840 Residential Building Permits 29,281 23,472 Median Home Price $585,000 $548,167
ARTS & ENTERTAINMENT
DENVER IS HOME TO WORLD CLASS CULTURAL ATTRACTIONS
Denver Center for Performing Arts
Hosts Broadway musicals, world-class plays, educational programs and inspired events
Ellie Caulkins Opera House
Home to the Colorado Ballet
Boettcher Concert Hall
Home to the Colorado Symphony Orchestra
Denver Art Museum
Designed by world famous architect Daniel Libeskind, the Denver Art Museum is now one of the area’s most impressive landmarks, and is home to an impressive collection of art
For additional activities: colorado.com/things-to-do
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COLORADO CLIMATE
The arid conditions bring only 8 to 15 inches of annual precipitation, and locals wake up to more than 300 days of sunshine each year.
Winters are mild, with an average daily high temperature of 45 degrees. Reaching 60 degrees is not uncommon. Snow doesn’t stay on the ground long in Denver, so golf courses and outdoor cafes are able to stay open year-round. However, the nearby mountains and ski resorts often receive significant annual snowfall.
In Summer, Denver enjoys low relative humidity, making for beautiful, sun-filled days and cool, comfortable evenings. The average daily high temperature in August is a mild 86 degrees. The temperate weather is due in part to the city’s altitude: 5,280 feet above sea level, or exactly one mile high.
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9 COLORADO CLIMATE CHART * Month Temperature % Humidity Precipitation Sunshine Fahrenheit (Max/Min) Celsius (Max/Min) (AM/PM) (Inches) (Noon %) January 43.9/18.3 F 6.6/-7.6 C 63/49 0.51 71 February 45.6/19.4 F 7.6/-7.0 C 67/44 0.49 70 March 54.5/26.4 F 12.5/-3.1 C 68/40 1.28 69 April 60.7/33.2 F 15.9/0.7 C 67/35 1.93 67 May 70.6/42.9 F 21.4/6.1 C 70.38 2.32 65 June 80.8/51.3 F 27.1/10.7 C 69/35 1.56 71 July 89.7/59.9 F 32.1/15.5 C 68/34 2.16 71 August 87.0/58.0 F 30.6/14.4 C 69/35 1.82 72 September 78.1/48.7 F 25.6/9.3 C 69/34 1.14 74 October 64.7/36.6 F 18.2/2.6 C 65/35 0.99 72 November 53.0/26.0 F 11.7/-3.3 C 68/48 0.98 65 December 43.1/17.9 F 6.2/-7.8 C 65/51 0.63 67 Annual Average 64.3/36.6 F 17.9/2.6 C 67/40 15.81 70 *30-year normals
SPORTS
EMPOWER FIELD AT MILE HIGH
Denver Broncos | Three-time Super Bowl champion NFL team
Denver Outlaws | Three-time Steinfeld Cup Major League Lacrosse champion
COORS FIELD
Colorado Rockies | MLB team
BALL ARENA
Colorado Avalanche | Two-time Stanley Cup champion NHL team
Denver Nuggets | NBA team
Colorado Mammoth | Champion Cup winner National Lacrosse League
DICK’S SPORTING GOODS PARK
Colorado Rapids | MLS team
Denver has one of the largest public park systems in the nation
• Over 250 parks within the city limits
• More than 100 miles of bicycle paths
• More than 374,000 acres of nearby open space
More than 100 public and private golf courses in Metro Denver
Eleven world-class ski resorts within 100 miles
40 state parks and three national parks in Denver’s backyard, with prime recreational opportunities for biking, hiking, camping, fishing, and skiing
For additional activities: colorado.com/things-to-do
TRAILS, PARKS & RECREATION
SHOPPING
16th Street Mall | This 350,000-square-foot pedestrian mall includes the Denver Pavilions and other retail shops, residential and office buildings, hotels and services. A free shuttle serves the area.
Larimer Square | Located in the heart of downtown Denver, Larimer Square is an area that is not only rich in history, but also features fine shopping and dining. As the Mile High City’s oldest and most historic block, its buildings tell the charming story of the city.
Cherry Creek North | Home to more than 320 independently owned businesses, a unique collection of boutiques, spas, restaurants, galleries and other specialty shops in the heart of central Denver. Cherry Creek Shopping Center is one of the region’s most popular shopping destinations with 160 restaurants and stores.
Park Meadows | Dubbed a “retail resort”, the 1.6 million-squarefoot Park Meadows mall has the warm and rustic feel of a beautiful mountain lodge, and offers more than 185 shops.
Pearl Street Mall | More than 1,000 locally-owned and national businesses fill the red-brick, pedestrian-only thoroughfare, which runs roughly along Pearl Street. It is also home to much of Boulder’s nightlife, including musicians, performers and holiday lights.
Belmar | A 103-acre downtown district in the City of Lakewood. This project took an old mall and revitalized it into a destination that now combines retailers, boutiques, restaurants, cafes, theaters, offices, residences, artist studios, parks, and plazas –all within 22 city blocks.
Flatiron Crossing | The views of the Flatirons of Boulder are reason enough to visit this 1.5 million-square-foot, indoor/outdoor shopping center, featuring a pond and sandbox for the kids, plus a skating rink that is open in winter.
Colorado Mills | Colorado Mills is a 1,100,000-square-foot indoor outlet shopping mall in Lakewood, Colorado.
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QUALITY HEALTH CARE
METRO DENVER IS HOME TO SOME OF THE FINEST HOSPITALS AND MEDICAL RESEARCH FACILITIES IN THE WORLD
UCHealth University of Colorado Hospital | Ranked as state’s best hospital and nationally ranked in 11 specialties, including #1 in pulmonology.
SCL Health | Operates 4 hospitals, including Saint Joseph Hospital and Lutheran Medical Center, ranked in the Top 5% nationwide by HealthGrades 2022.
National Jewish Medical and Research Center | Currently ranked #1 respiratory hospital in the nation and top tier for the past 20 years.
Craig Hospital | Ranked a top 10 rehabilitation hospital for the 29th consecutive year.
Children’s Hospital Colorado | Ranked ninth nationally in pediatrics.
Centura Health | Over 15 hospitals across Colorado delivering high-value care.
Anschutz Medical Campus | Ranked top 10 in two categories for medical school programs.
Porter Adventist Hospital | Full service, acute-care referral center.
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TRANSPORTATION
DENVER INTERNATIONAL AIRPORT
Located 23 miles northeast of downtown Denver, DIA is the 3rd busiest in America and in the world. An iconic Denver landmark with 23 commercial carriers, DIA provides nonstop service to more than 190 domestic and international destinations. The Westin Denver International Airport Hotel is now conveniently located just steps from the main terminal.
RTD (REGIONAL TRANSPORTATION DISTRICT)
Metro Denver has built an entire mass transit system, adding 122 miles of rapid Ligh Rail transit and expanded its existing bus network. Currently, the RTD serves 2,342 square miles over 143 fixed routes.
TRAIN TO PLANE
A new rail line running from downtown Denver to Denver International Airport in just 37 minutes makes local and international travel easier than ever before.
UNION STATION
Offering an extensive network of convenient options, Union Station serves as Denver’s energetic transportation hub. Locals, tourists and business travelers alike are welcome to partake in RTD’s Front Range bus route, Light Rail line networks and a full Amtrak train schedule.
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The region’s K-12 education system includes 19 public school districts, as well as a number of private and parochial school systems. The system offers many educational choices, including high-quality public schools with alternative learning environments such as charter and magnet schools.
Although excellent private schools are available in Metro Denver, they are not utilized as highly as in other cities due to the quality of our public school system. About 10% of the total student population attended private schools in Metro Denver. Metro Denver schools all offer open enrollment, meaning students living in one school district can attend a school in any other district. This allows parents to select schools that match each student’s individual needs.
For additional school information: greatschools.org
SCHOOLS AND EDUCATION
HIGHER EDUCATION
The Metro Denver region provides a wide range of higher education opportunities, encompassing a variety of undergraduate, graduate, and professional programs at 11 public and private four-year colleges and universities.
Included are world-class research institutions, such as the University of Colorado, Colorado School of Mines, Colorado State University, and the University of Denver.
Colorado’s community colleges offer employers customized training opportunities to meet changing workforce needs.
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TAX AND LICENSE BASICS
COLORADO INCOME TAX
Colorado posted the 7th lowest individual income tax rate in 2023 – 4.4% flat tax.
PROPERTY TAX
The State of Colorado assesses property taxes based on individual school districts. Colorado has some of the lowest residential property taxes in the country, with an average effective rate of just 0.48%.
VEHICLE LICENSE FEES
Colorado charges a yearly licensing fee for your vehicle. The fees are dependent upon the type and year of vehicle and the county in which you live. New residents have up to 90 days to obtain Colorado license plates.
COLORADO DRIVER’S LICENSE
New residents have 30 days to obtain a Colorado Driver’s license.
Details regarding Colorado licenses can be found at www.colorado.gov/dmv.
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QUARTERLY MARKET
REAL ESTATE REPORTS
The mountains, the weather, the year-round recreation – what’s not to love about Colorado? With so many unique neighborhoods to choose from, LIV Sotheby’s International Realty provides you with an insider’s look into the performance of the real estate market in Denver Metro, Boulder County, the Foothills, Summit County, and the Vail Valley – so you can create your dream life.
The Colorado real estate market performs quite differently than the national average. Even in an area the size of Metro Denver, market trends can vary dramatically from neighborhood to neighborhood. When you are contemplating as large a financial commitment as the purchase or sale of a home, micro-market data on your neighborhood can make a big difference.
LIV Sotheby’s International Realty compiles quarterly and year-end reports of micro-market statics.
View all reports at ColoradoMicroReports.com.
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METRO DENVER REAL ESTATE SNAPSHOT
Average price of a single family home:
$ 549,915
Average price of a condo:
$ 495,000
Average rental rate: $ 2,109 /month
Apartment vacancy rate: 5.6%
Corporate Moves
Referrals from Other Brokerages
REAL ESTATE SERVICES AWARD
PREFERRED BROKER WITH OVER 20 RELOCATION MANAGEMENT COMPANIES
Best results for home marketing service satisfaction, days on market, total direct expenses, market analysis accuracy and response time
Proudly Serving Military Families
DESTINATION SERVICES AWARD
Highest achievement in sales conversion and customer service for corporate home finding relocation clients
2,500+
Annual
$500,000,000
NFCU AIMS AWARD
PLATINUM AWARD
Nine Consecutive Years
PRESIDENTS CLUB
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RELOCATION & REFERRAL SERVICES
Company Referrals Annual Closed Volume
Recognizes the top performing 25 brokerages (top 5%) of the entire network brokerage membership
RELOCATION NETWORK
LIV Sotheby’s International Realty Partners with the Following Relocation Management Companies to
Provide Professional Mobility Services to Their Clients and Transferees:
Aires | Altair Global Relocation | Bristol Global Mobility | CapRelo
Cartus | Cornerstone Relocation Group | Global Mobility Solutions | Graebel Worldwide Relocation
Lawrence Relocation | Mobility Services International | Moving Station | NEI Global Relocation | NRI Relocation
Odyssey Relocation | OneSource Relocation | Oxxford Relocation | Plus Relocation Services
Synergy Relocation Group | Signature Relocation | SIRVA BGRS Worldwide Relocation Services | Versa Relocation
Weichert Workforce Mobility | Nationwide Relocation | Paragon Relocation | CapRelo
Compass Relocation | Lexicon Relocation
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Moving Families To and From Colorado is One of Our Specialties.
The LIV Sotheby’s International Realty Relocation and Referral Services Team Services
Over 2,500 Colorado Moves Each Year, Including Clients From:
Air Methods
Alliant Techsystems, Inc.
Amazon
Amtrack
Anadarko Petroleum
Anheuser Busch
Apple
Ardent Mills
AstraZeneca
Asurion
Avantor Performance Materials
Avis Budget Car Rental, LLC
Baker Hughes
Ball Corporation
BMW North America
BNSF Railway
BP Amoco
Caterpillar, Inc.
Centura Health
Century Link
Charter Communications
Chase
Cimarex Energy
CoBank, Inc.
Coca Cola
Comcast
Conoco Philllips
CoorsTek, Inc.
Cummins
DCP Midstream
Denver Health
Department of Veterans Affairs
DHL Supply Chain
Eaton Corporation
Eli Lilly
Encana
Enterprise
Envision Healthcare Corporation
EOG Resources, Inc.
Exxon Company, U.S.A.
FedEx
Fiat Chrysler America
Fidelity Investments
Freeport McMoRan Corporation
Gap Gates Corporation
GE International, Inc.
Goodyear
Great West Financial
HCA Healthcare
Heinz
Hilton Worldwide
Home Depot
Honeywell International
Humana
Hyatt
IBM
Ingersoll-Rand Company
Janus Capital Group
JC Penney Corporation
Johnson and Johnson
JP Morgan Chase
Kellogg Company
King Soopers
Kroger
Kuehne & Nagel, Inc.
L3 Harris
Lafarge
Lockheed Martin Corporation
Lowe’s
Martin Marietta Materials, Inc.
Maxar Technologies
Medtronic, Inc.
Merrill Lynch
Met Life
MGM Grand
Microsoft Corporation
Miller Coors
Molson Coors
Navy Federal Credit Union
Nestle Purina
Newmont Mining
NIKE, Inc.
Noble Energy, Inc.
Nordstrom Inc.
Northrop Grumman
Novartis Pharmaceuticals
Owens Corning
Packaging Corporation of America
Panasonic
Parker-Hannifin Corporation
PepsiCo, Inc.
Petco Animal Supplies
Petroleum Development Corporation
Pfizer
Polaris Industries
Price Waterhouse
Procter & Gamble
Raytheon Company
Realogy Corporation
Republic Services/Allied Waste
Schlumberger Technology Corporation
Sears
Semiconductor Compenents
Sequa Corporation
Siemens USA
SM Energy
Smithfield Foods, Inc.
Southwest Airlines
Sprint
Staples
Starbucks Corporation
Stryker Corporation
Target
The Walt Disney Company
ThyssenKrupp Elevator Corporation
TJX Companies, Inc.
Toyota
Transamerica
Travelers Insurance
Trinity Health
United Launch Alliance
United Services Automobile
US Bank
USDA Forest Service
Vail Health
Vail Resorts
Verizon
VF Corporate
Walgreens
Walmart
Wells Fargo
Wendy’s International, LLC
Western Union
Whirlpool
Whitewave Foods Company
WPX Energy
Xcel Energy
Xerox
Zimmer Biomet
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LIV SOTHEBY’S INTERNATIONAL REALTY
Offers Million Dollar Service at Every Price Point
When you work with us, you receive the full benefit of over a decade of industry leadership, the power of a global network, and a culture of excellence that goes back centuries before that.
Welcome to LIV Sotheby’s International Realty. It is our pleasure to serve you.
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MILLION DOLLAR SERVICE
referral.services@sothebysrealty.com livsothebysrealty.com