Denver Metro Year End, 2016 Micro Market Report

LIV

MICRO MARKET REPORTS

DENVER METRO | 2016

675 Humboldt Street, Denver

C O LO R A D O M I C R O R E P O RTS .C O M

DENVER METRO NEIGHBORHOODS 1.

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Ken Caryl Valley Ken Caryl North Ranch Lakewood Belmar Bow Mar/Bow Mar South Sloan’s Lake Berkeley Polo Reserve Columbine Valley LoHi Highlands Baker Golden Triangle Downtown Uptown Denver (City) Washington Park West Platt Park Capitol Hill Cheesman Country Club Washington Park East Bonnie Brae/Belcaro Highlands Ranch Southglenn Greenwood Village West Cherry Hills Village Southern Hills Observatory Park Cory-Merrill Cherry Creek South/East Cherry Creek North Congress Park City Park South City Park Park Hill Hale Mayfair Hilltop Greenwood Village East Homestead Heritage Greens Crestmoor Montclair Lowry Stapleton Lone Tree Castle Pines North Castle Pines Village The Meadows Keene Ranch Bell Mountain Ranch Pradera & Timbers Tallyn’s Reach Saddle Rock Golf Club

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

MICROMARKET REPORT | DENVER METRO 2016 | 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 The Denver Metro Micro Market Report (MMR), prepared by LIV Sotheby’s International Realty, compares 2016 statistics (January through December), to that of 2015, for single family homes and attached dwellings.

The average price of single family homes and condos combined rose 9.9%, resulting in an average price of $396,439 in Denver metro. In the city of Denver, the average price of single family homes and condos rose 9.1%, resulting in an average price of $426,720.

Denver continues to be one of the best performing markets in the country, and has logged double-digit appreciation in each of the last five years, according the Federal Housing Finance Authority (FHFA. gov). This can be observed at the micro market level in the increases in average sales price, and average price per square foot. Additionally, the total dollar volume sold in Denver metro has increased 9%.

The front range of Colorado has gained notoriety internationally as an excellent investment, and this has fueled demand even more. The number of sold listings in Denver Metro and the City of Denver held at 52,855 and 14,309, respectively, and across the board, days on market rose 13.8%, (now 33 days on average) in Denver metro, and the sales price to list price ratio held at 99.0%. Buyers have more information at their fingertips than ever before, but the value of having a seasoned professional advocating on your behalf has never been more important to be successful.

DENVER METRO January through December

2016 Highlights:

• Denver (City) average price is $426,720 – up 9.1% • Castle Pines Village’s average price is $1,060,040 – up 10.4% • Cherry Creek North’s average price is $1,174,869 – up 19.6% • Sloan’s Lake’s average price is $558,405 – up 8.0%

52,855

homes sold for an average of

$396,439

or, $20,953,793,321 total dollar volume sold.

Adams, Arapahoe, Broomfield, Denver, Douglas, Jefferson Counties

2015

2016

% Change

New Listings

62,345

61,211

-1.8%

Sold Listings (All Properties)

53,280

52,855

-0.8%

Sold Single Family

37,400

37,562

0.4%

Sold Condo

15,880

15,293

-3.7%

29

33

13.8%

$360,865

$396,439

9.9%

99.0%

99.0%

0.0%

$19,226,878,348

$20,953,793,321

9.0%

Average Days on Market Average Price % Sold Price to List Price Total Dollar Volume Sold

MICROMARKET REPORT | DENVER METRO 2016 | 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 MARKET | MARKETS BY AREA

DENVER MARKET | MARKETS BY AREA

3125 East Exposition Avenue, Denver

DENVER (CITY) Single Family and Condos

January through December

2015

2016

% Change

$391,186

$426,720

9.1%

$228

$256

12.3%

34

39

14.7%

$4,550,000

$7,000,000

53.8%

Properties Sold

14,177

14,309

0.9%

% Sold Price to List Price

99.0%

98.9%

-0.1%

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

BAKER

6th Avenue to Mississippi; South Platte River to Broadway

January through December Single Family and Condos

City of Denver

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

2015

2016

% Change

$376,107

$413,258

9.9%

$319

$353

10.5%

22

15

-31.8%

$795,000

$840,000

5.7%

101

118

16.8%

100.0%

100.3%

0.2%

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

BELL MOUNTAIN RANCH Single Family and Condos

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

2015

2016

% Change

$743,796

$804,806

8.2%

$283

$284

0.5%

108

94

-13.0%

$1,050,000

$1,200,000

14.3%

26

20

-23.1%

95.7%

94.1%

-1.7%

MICROMARKET REPORT | DENVER METRO 2016 | 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 MARKET | MARKETS BY AREA

723 South Clayton Street, Bonnie Brae

BELMAR Single Family and Condos

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

Kentucky to Alameda; Wadsworth to Pierce

2015

2016

% Change

$342,504

$398,091

16.2%

$230

$250

8.9%

54

124

129.6%

$752,500

$1,065,000

41.5%

43

68

58.1%

98.0%

97.8%

-0.2%

BERKELEY January through December Single Family

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

38th to I-70; Sheridan to Federal

2015

2016

% Change

$445,879

$502,676

12.7%

$375

$408

8.8%

23

27

17.4%

$950,000

$1,086,930

14.4%

189

186

-1.6%

99.7%

98.3%

-1.4%

Mississippi to Cherry Creek Drive South; University to Colorado

BONNIE BRAE/BELCARO January through December Single Family

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

2015

2016

% Change

$918,704

$968,890

5.5%

$406

$462

13.9%

44

40

-9.1%

$2,850,000

$2,200,000

-22.8%

62

40

-35.5%

98.6%

95.8%

-2.8%

MICROMARKET REPORT | DENVER METRO 2016 | 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 MARKET | MARKETS BY AREA

DENVER MARKET | MARKETS BY AREA

6679 Twisted Oak Drive, Castle Pines North

BOW MAR/BOW MAR SOUTH January through December Single Family

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

North of Bowles; South of Quincy; West of Morning Glory; East of Bow Mar Drive

2015

2016

% Change

$1,149,165

$1,078,196

-6.2%

$354

$346

-2.3%

124

103

-16.9%

$2,747,000

$2,075,000

-24.5%

20

19

-5.0%

90.4%

93.4%

3.3%

CAPITOL HILL Single Family and Condos

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

CASTLE PINES NORTH January through December Single Family

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

Broadway to Downing; 6th to Colfax

2015

2016

% Change

$285,552

$310,937

8.9%

$285

$314

10.3%

26

20

-23.1%

$1,581,000

$1,600,000

1.2%

381

332

-12.9%

99.0%

99.2%

0.2%

Country Club Parkway to Coyote Ridge Park; Daniels Park to Yorkshire

2015

2016

% Change

$565,799

$579,789

2.5%

$201

$209

4.2%

44

57

29.5%

$2,300,000

$1,465,000

-36.3%

122

110

-9.8%

96.5%

95.0%

-1.5%

MICROMARKET REPORT | DENVER METRO 2016 | 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 MARKET | MARKETS BY AREA

1 Elk Pointe Lane, Castle Pines Village US 85 & Copper Blush to Northwood; Daniels Park to Gate 5; Country Club to I-25

CASTLE PINES VILLAGE January through December Single Family

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

2015

2016

% Change

$960,554

$1,060,040

10.4%

$287

$306

6.7%

139

135

-2.9%

$3,075,000

$3,900,000

26.8%

107

107

0.0%

94.4%

93.5%

-0.9%

CHEESMAN Single Family and Condos

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

York to Downing; Colfax to 8th

2015

2016

% Change

$370,969

$461,201

24.3%

$297

$339

14.1%

25

26

4.0%

$2,000,000

$2,525,000

26.3%

169

178

5.3%

97.0%

98.2%

1.2%

CHERRY CREEK NORTH Single Family and Condos

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

York to Colorado; 1st to 6th

2015

2016

% Change

$982,370

$1,174,869

19.6%

$496

$501

1.0%

62

59

-4.8%

$3,522,019

$7,000,000

98.7%

189

161

-14.8%

97.0%

96.0%

-1.0%

MICROMARKET REPORT | DENVER METRO 2016 | 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 MARKET | MARKETS BY AREA

DENVER MARKET | MARKETS BY AREA

18 Cherry Hills Park Drive, Cherry Hills Village

CHERRY CREEK EAST & SOUTH Single Family and Condos

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

CHERRY HILLS VILLAGE January through December Single Family (Under 1 Acre)

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

CHERRY HILLS VILLAGE January through December Single Family (Over 1 Acre)

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

University to Colorado; Alameda to 1st

2015

2016

% Change

$553,355

$638,063

15.3%

$330

$346

4.7%

58

92

58.6%

$2,350,000

$2,250,000

-4.3%

147

118

-19.7%

96.8%

96.6%

-0.2%

Hampden to Belleview; Clarkson to Happy Canyon Road and Charlou

2015

2016

% Change

$1,599,066

$1,554,614

-2.8%

$394

$373

-5.4%

69

88

27.5%

$4,650,000

$3,445,000

-25.9%

90

65

-27.8%

94.2%

91.2%

-3.2%

Hampden to Belleview; Clarkson to Happy Canyon Road and Charlou

2015

2016

% Change

$2,586,846

$2,434,213

-5.9%

$472

$460

-2.5%

159

139

-12.6%

$11,000,000

$6,530,000

-40.6%

36

52

44.4%

90.5%

86.3%

-4.6%

MICROMARKET REPORT | DENVER METRO 2016 | 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 MARKET | MARKETS BY AREA

4443 West Cottonwood Place, Columbine Valley

CITY PARK January through December Single Family

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

Downing to York; 18th to Martin Luther King

2015

2016

% Change

$477,336

$496,830

4.1%

$294

$341

16.0%

37

26

-29.7%

$2,000,000

$915,000

-54.3%

108

93

-13.9%

99.1%

98.1%

-1.0%

CITY PARK SOUTH January through December Single Family

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

York to Colorado; Colfax to 17th

2015

2016

% Change

$535,022

$642,432

20.1%

$398

$413

3.9%

6

21

250.0%

$850,000

$989,000

16.4%

18

22

22.2%

100.0%

99.7%

-0.3%

*Data based on one sale in 2016

COLUMBINE VALLEY January through December Single Family

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

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

2015

2016

% Change

$949,896

$1,046,257

10.1%

$300

$309

3.0%

150

80

-46.7%

$1,725,000

$2,219,075

28.6%

31

31

0.0%

93.3%

95.9%

2.8%

MICROMARKET REPORT | DENVER METRO 2016 | 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 MARKET | MARKETS BY AREA

DENVER MARKET | MARKETS BY AREA

800 Monroe Street, Congress Park

CONGRESS PARK January through December Single Family

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

York to Colorado; 6th to Colfax

2015

2016

% Change

$505,134

$530,189

5.0%

$352

$384

9.0%

22

26

18.2%

$1,850,000

$2,450,000

32.4%

243

243

0.0%

99.4%

98.8%

-0.6%

S University Blvd to S Colorado Blvd; I-25 to E Mississippi Ave

CORY-MERRILL January through December Single Family

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

COUNTRY CLUB January through December Single Family

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

2015

2016

% Change

$675,431

$779,386

15.4%

$385

$411

6.6%

42

44

4.8%

$1,633,000

$1,574,900

-3.6%

126

121

-4.0%

95.4%

96.3%

1.0%

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

2015

2016

% Change

$1,757,820

$1,974,755

12.3%

$469

$567

20.9%

33

62

87.9%

$2,850,000

$3,458,000

21.3%

10

23

130.0%

91.0%

92.9%

2.1%

MICROMARKET REPORT | DENVER METRO 2016 | 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 MARKET | MARKETS BY AREA

355 Ivy Street, Crestmoor

CRESTMOOR January through December Single Family

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

Holly to Monaco; Bayaud to 6th

2015

2016

% Change

$1,188,853

$1,093,313

-8.0%

$396

$409

3.4%

59

62

5.1%

$2,150,000

$2,165,000

0.7%

25

23

-8.0%

97.0%

94.8%

-2.2%

DOWNTOWN January through December Average Price

Condos

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

GOLDEN TRIANGLE Single Family and Condos

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

Downtown Denver MLS Area

2015

2016

% Change

$521,760

$490,258

-6.0%

$407

$417

2.4%

46

62

34.8%

$4,550,000

$3,250,000

-28.6%

508

511

0.6%

97.4%

97.0%

-0.4%

North Speer Boulevard to Broadway; Colfax to 7th

2015

2016

% Change

$487,320

$540,089

10.8%

$314

$347

10.7%

45

88

95.6%

$1,265,000

$1,450,000

14.6%

49

59

20.4%

97.4%

97.6%

0.3%

MICROMARKET REPORT | DENVER METRO 2016 | 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 MARKET | MARKETS BY AREA

DENVER MARKET | MARKETS BY AREA

6067 South Clinton Court, Greenwood Village

GREENWOOD VILLAGE EAST January through December Single Family

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

I-25 to Havana; Belleview to Orchard

2015

2016

% Change

$1,009,280

$1,097,892

8.8%

$306

$337

10.1%

102

55

-46.1%

$2,135,000

$2,682,542

25.6%

60

51

-15.0%

95.5%

96.0%

0.6%

GREENWOOD VILLAGE WEST January through December Single Family (Under 1 Acre)

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

Orchard to Belleview; Clarkson to I-25

2015

2016

% Change

$1,387,048

$1,548,877

11.7%

$350

$376

7.6%

99

91

-8.1%

$2,505,000

$3,100,000

23.8%

52

49

-5.8%

93.1%

92.2%

-1.0%

GREENWOOD VILLAGE WEST January through December Single Family (Over 1 Acre)

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

Orchard to Belleview; Clarkson to I-25

2015

2016

% Change

$1,923,900

$2,046,889

6.4%

$433

$436

0.7%

87

193

121.8%

$4,200,000

$4,700,000

11.9%

20

18

-10.0%

95.6%

90.5%

-5.4%

MICROMARKET REPORT | DENVER METRO 2016 | 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 MARKET | MARKETS BY AREA

5174 East Mineral Circle, Heritage Greens

HALE MAYFAIR January through December Single Family

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

HERITAGE GREENS January through December Single Family

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

HIGHLANDS Single Family and Condos

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

Colorado to Holly; 6th to Colfax

2015

2016

% Change

$511,872

$576,757

12.7%

$381

$415

9.0%

28

36

28.6%

$1,176,870

$1,970,000

67.4%

117

108

-7.7%

97.9%

98.3%

0.4%

Dry Creek to County Line; Colorado Boulevard to Holly

2015

2016

% Change

$807,490

$756,386

-6.3%

$241

$254

5.6%

45

39

-13.3%

$1,775,000

$1,075,000

-39.4%

41

29

-29.3%

96.5%

97.3%

0.8%

W 38th Ave to Speer Blvd and W 29th Ave; Union Pacific RR lines and S Platte River to Federal Blvd

2015

2016

% Change

$531,991

$565,704

6.3%

$367

$383

4.6%

85

127

49.4%

$1,490,000

$1,657,000

11.2%

345

329

-4.6%

97.5%

97.2%

-0.4%

MICROMARKET REPORT | DENVER METRO 2016 | 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 MARKET | MARKETS BY AREA

10815 Wintersong Way, Highlands Ranch

(WEST) HIGHLANDS Single Family and Condos

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

HIGHLANDS RANCH January through December Single Family

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

38th Ave to 29th Ave; Federal to Sheridan

2015

2016

% Change

$494,342

$544,066

10.1%

$371

$407

9.7%

30

29

-3.3%

$1,130,000

$1,600,000

41.6%

259

241

-6.9%

98.4%

97.9%

-0.5%

Daniels Park to County Line; Santa Fe to Quebec

2015

2016

% Change

$424,796

$461,832

8.7%

$206

$221

7.2%

18

22

22.2%

$2,206,367

$2,604,938

18.1%

728

689

-5.4%

99.0%

98.8%

-0.2%

HILLTOP January through December Single Family

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

Alameda to 6th; Colorado to Holly

2015

2016

% Change

$1,143,253

$1,171,230

2.4%

$387

$400

3.4%

54

73

35.2%

$2,855,000

$3,400,000

19.1%

107

97

-9.3%

95.0%

94.8%

-0.2%

MICROMARKET REPORT | DENVER METRO 2016 | 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 MARKET | MARKETS BY AREA

7285 South Newport Way, Homestead

HOMESTEAD January through December Single Family

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

Colorado to Quebec; Arapahoe to Dry Creek

2015

2016

% Change

$437,871

$469,272

7.2%

$243

$255

4.9%

16

25

56.3%

$1,200,000

$1,300,000

8.3%

125

137

9.6%

98.7%

97.8%

-0.9%

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

KEENE RANCH January through December Single Family

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

KEN-CARYL NORTH RANCH January through December Single Family

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

2015

2016

% Change

$938,800

$922,503

-1.7%

$272

$283

3.9%

145

79

-45.5%

$1,235,000

$1,285,000

4.0%

5

17

240.0%

96.4%

96.8%

0.4%

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

2015

2016

% Change

$889,669

$974,630

9.5%

$241

$252

4.6%

96

59

-38.5%

$1,075,000

$1,335,000

24.2%

22

23

4.5%

93.7%

94.4%

0.7%

MICROMARKET REPORT | DENVER METRO 2016 | 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 MARKET | MARKETS BY AREA

DENVER MARKET | MARKETS BY AREA

12032 West 27th Drive, Lakewood

KEN-CARYL VALLEY January through December Single Family

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

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

2015

2016

% Change

$607,182

$673,584

10.9%

$232

$246

6.2%

36

29

-19.4%

$1,145,000

$1,125,000

-1.7%

69

90

30.4%

97.1%

97.8%

0.8%

LAKEWOOD January through December Single Family

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

City of Lakewood

2015

2016

% Change

$369,381

$405,665

9.8%

$231

$249

7.9%

24

27

12.5%

$1,625,000

$1,755,000

8.0%

1,555

1,603

3.1%

99.4%

98.8%

-0.6%

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 Properties Sold % Sold Price to List Price

2015

2016

% Change

$550,941

$588,119

6.7%

$368

$382

3.7%

101

123

21.8%

$1,490,000

$1,185,000

-20.5%

263

245

-6.8%

97.2%

96.5%

-0.6%

MICROMARKET REPORT | DENVER METRO 2016 | 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 MARKET | MARKETS BY AREA

10626 Montecito Drive, Lone Tree

LONE TREE January through December Single Family

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

approx: South of Ridgegate Parkway to County Line; Peoria to Quebec

2015

2016

% Change

$718,096

$669,800

-6.7%

$228

$224

-1.7%

64

65

1.6%

$1,950,000

$1,655,000

-15.1%

54

53

-1.9%

95.3%

96.4%

1.2%

LOWRY

Quebec to Unita; Alameda to 11th

January through December Single Family

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

2015

2016

% Change

$693,317

$684,079

-1.3%

$265

$187

-29.3%

57

82

43.9%

$1,710,000

$1,638,000

-4.2%

65

79

21.5%

96.6%

98.4%

1.8%

N. Meadows Drive to Coachline Road; Breezy Lane to Dairylide Street

THE MEADOWS January through December Single Family

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

2015

2016

% Change

$397,432

$419,744

5.6%

$174

$190

9.2%

29

38

31.0%

$700,000

$720,000

2.9%

462

500

8.2%

98.8%

98.0%

-0.9%

MICROMARKET REPORT | DENVER METRO 2016 | 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 MARKET | MARKETS BY AREA

DENVER MARKET | MARKETS BY AREA

1160 Monaco Parkway, Montclair

MONTCLAIR January through December Single Family

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

Holly to Quebec; 6th to Colfax

2015

2016

% Change

$505,135

$559,337

10.7%

$342

$360

5.3%

42

35

-16.7%

$2,731,200

$1,675,000

-38.7%

128

139

8.6%

96.9%

96.9%

0.0%

OBSERVATORY PARK January through December Single Family

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

University to Colorado; Evans to Yale

2015

2016

% Change

$971,373

$1,005,245

3.5%

$343

$385

12.3%

59

56

-5.1%

$2,000,000

$2,245,000

12.3%

82

70

-14.6%

94.5%

94.4%

-0.1%

PARK HILL January through December Single Family

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

Colfax to 26th; Colorado to Quebec

2015

2016

% Change

$580,862

$660,172

13.7%

$363

$399

9.9%

24

29

20.8%

$1,755,000

$2,525,000

43.9%

245

242

-1.2%

97.0%

98.7%

1.8%

MICROMARKET REPORT | DENVER METRO 2016 | 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 MARKET | MARKETS BY AREA

18 Arabian Place, Polo Reserve

PLATT PARK January through December Single Family

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

POLO RESERVE January through December Single Family

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

Broadway to Downing; Louisiana to Evans

2015

2016

% Change

$528,432

$526,205

-0.4%

$415

$460

10.8%

13

19

46.2%

$1,065,000

$1,200,000

12.7%

96

105

9.4%

99.2%

98.8%

-0.4%

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

2015

2016

% Change

$969,496

$1,299,538

34.0%

$271

$280

3.4%

76

106

39.5%

$1,535,460

$1,944,000

26.6%

10

4

-60.0%

97.5%

90.5%

-7.1%

PRADERA & TIMBERS January through December Single Family

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

Pradera and Timbers Subdivisions in Parker

2015

2016

% Change

$764,170

$769,501

0.7%

$223

$224

0.6%

84

97

15.5%

$1,929,142

$1,720,000

-10.8%

97

109

12.4%

95.4%

96.5%

1.1%

MICROMARKET REPORT | DENVER METRO 2016 | 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 MARKET | MARKETS BY AREA

DENVER MARKET | MARKETS BY AREA

1562 Wolff Street, Sloan’s Lake

SADDLE ROCK January through December Single Family

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

North of E. Dry Creek Road; South of Smoky Hill Road; West of E-470; East of S. Liverpool Street

2015

2016

% Change

$542,924

$589,001

8.5%

$183

$191

4.2%

78

62

-20.5%

$1,035,000

$1,175,000

13.5%

125

97

-22.4%

96.8%

96.1%

-0.7%

SLOAN’S LAKE January through December Single Family

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

Colfax to 29th; Sheridan to Federal

2015

2016

% Change

$516,839

$558,405

8.0%

$364

$402

10.5%

38

29

-23.7%

$2,300,000

$1,300,000

-43.5%

169

169

0.0%

96.6%

96.3%

-0.4%

SOUTHERN HILLS January through December Single Family

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

University to Colorado; Yale to Hampden

2015

2016

% Change

$630,361

$611,853

-2.9%

$335

$344

2.8%

26

28

7.7%

$1,300,000

$1,279,000

-1.6%

42

60

42.9%

97.0%

96.0%

-1.0%

MICROMARKET REPORT | DENVER METRO 2016 | 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 MARKET | MARKETS BY AREA

23472 East Briarwood Drive, Tallyn’s Reach

SOUTHGLENN January through December Single Family

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

Washington to University; Arapahoe to Dry Creek

2015

2016

% Change

$370,235

$399,667

7.9%

$204

$233

14.4%

23

18

-21.7%

$446,600

$505,000

13.1%

68

50

-26.5%

99.4%

98.0%

-1.4%

STAPLETON January through December Single Family

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

Quebec to Havana; 23rd to 40th

2015

2016

% Change

$554,048

$597,227

7.8%

$260

$279

7.3%

27

21

-22.2%

$1,194,000

$1,475,000

23.5%

260

205

-21.2%

98.9%

99.1%

0.2%

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

TALLYN’S REACH January through December Single Family

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

2015

2016

% Change

$478,401

$509,847

6.6%

$189

$198

4.5%

50

40

-20.0%

$1,200,000

$1,300,000

8.3%

132

136

3.0%

97.7%

97.4%

-0.3%

MICROMARKET REPORT | DENVER METRO 2016 | 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 MARKET | MARKETS BY AREA

DENVER MARKET | MARKETS BY AREA

310 South Williams Street, Washington Park

UPTOWN Single Family and Condos

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

WASHINGTON PARK EAST January through December Single Family

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

WASHINGTON PARK WEST January through December Single Family

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

North of Colfax; East of Broadway; South of 20th; 20th & Park to 19th; West of Jospehine

2015

2016

% Change

$392,085

$405,456

3.4%

$320

$345

7.9%

45

65

44.4%

$2,000,000

$975,000

-51.3%

173

198

14.5%

99.3%

99.2%

-0.1%

Louisiana to Ellsworth; Downing to University

2015

2016

% Change

$1,005,602

$1,105,901

10.0%

$508

$529

4.1%

35

45

28.6%

$4,100,000

$5,600,000

36.6%

121

144

19.0%

96.8%

97.1%

0.3%

Louisiana to Ellsworth; Broadway to Downing

2015

2016

% Change

$570,280

$580,290

1.8%

$381

$416

9.3%

27

25

-7.4%

$1,950,000

$1,325,000

-32.1%

174

168

-3.4%

99.1%

98.2%

-1.0%

MICROMARKET REPORT | DENVER METRO 2016 | 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.

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