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
46
21 51 22 1 2
4 34
14 15 10 17
19 11 12 53 52 6 18
49
41
25 39 29
20
37
42 40 47 13 7 24
23
16 48 32
43
45
30
50
26
33
28
36
8 9 44
38
31
3
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%
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 (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%
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
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%
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
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%
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
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%
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
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%
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
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%
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
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%
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
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%
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
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%
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
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%
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
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%
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
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%
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
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%
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
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%
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
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%
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
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%
SLOAN’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%
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
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%
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
TALLYN’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%
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.
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
34
LIV Sotheby’s International Realty Locations 36
BOULDER
|
CASTLE PINES VILLAGE
DOWNTOWN DENVER
|
EVERGREEN
BRECKENRIDGE
|
|
|
CHERRY CREEK
GREENWOOD VILLAGE
Boulder
25
VAIL VALLEY
DENVER Downtown Denver
70
Cherry Creek Evergreen
Edwards
Greenwood Village
70
Beaver Creek 24
85
Breckenridge
285
25
Castle Pines Village
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.
24
The life you love.
coloradomicroreports.com | livsothebysrealty.com