FRONT RANGE REAL ESTATE MIDYEAR UPDATE
BOULDER VALLEY
POPULATION | 328,658
POPULATION GROWTH | +11 16% SINCE 2010
MEDIAN AGE | 37
*UNEMPLOYMENT RATE | 4 1%
MEDIAN HOUSEHOLD INCOME | $99,770
AVERAGE COMMUTE TIME | 23.4 MINUTES
HOME OWNERSHIP RATE | 62.3%
*MEDIAN PROPERTY SALE PRICE | $826,613
THELOCALS
SAVOR decadent foods at OAK on Fourteenth
SOURCE| 2022datafromDataUSA&US Bureauof Labor Statistics *MedianSalefor SingleFamily&Duplex for 2023 *Unemployment Rate:Q4 2024
Pictured | Boulder Patio with Flatirons
CONDOMINIUM & TOWNHOME
$369 averagesold price per squarefoot (sfr), a1.4%increasefrom 2024 $1.07M averagesaleprice (sfr),a1.9%increase from2024
AVERAGE PRICE PER SQUARE FOOT (SFR)
1,780 number of sales,a 5.7%increasefrom 2024 SOURCEFORTHEFULLREPORT
10 places to live in the U S
NORTH METRO | BROOMFIELD
POPULATION | 73,946
POPULATION GROWTH | +35 4% SINCE 2010
MEDIAN AGE | 38 6
*UNEMPLOYMENT RATE | 4 4%
MEDIAN HOUSEHOLD INCOME | $117,541
AVERAGE COMMUTE TIME | 26.8 MINUTES
HOME OWNERSHIP RATE | 63 9%
*MEDIAN PROPERTY SALE PRICE | $719,833
IN
THE KNOW...
5TIDBITSFROM THELOCALS
1 PLAY round at Eagle Trace Golf Club
2 VISIT Stearns Lake
3. BROWSE at local Farmer's Markets
4 EAT and drink at Wonderland Brewing
5 RELAX on the water of Standley Lake
SOURCE| 2022datafromDataUSA&US Bureauof Labor Statistics
*MedianSalefor SingleFamily&Duplex for 2023
*Unemployment Rate:Q4 2024
Pictured | Interlocken Park
CONDOMINIUM & TOWNHOME
AVERAGE PRICE PER SQUARE FOOT (SFR)
408 number of sales,a 4.8%increasefrom 2024
5th smallest county in the U S $296 averagesold price per squarefoot (sfr), a0%increasefrom 2024 $814K averagesaleprice (sfr),a6.4%increase from2024
21,000 ACRES
DENVER
POPULATION | 710,800
POPULATION GROWTH | +18 3% SINCE 2010
MEDIAN AGE | 34 9
*UNEMPLOYMENT RATE | 4 1%
MEDIAN HOUSEHOLD INCOME | $85,853
AVERAGE COMMUTE TIME | 25.3 MINUTES
HOME OWNERSHIP RATE | 49 4%
*MEDIAN PROPERTY SALE PRICE | $708,546
IN THE KNOW...
5TIDBITSFROM THELOCALS
1 RAISE a glass at the Great American Beer Festival
2 UNWIND at Larimer Lounge
3. STROLL around City Park
4 DISCOVER at the Meow Wolf experience
5. DIVE into nature at the Botanic Gardens
SOURCE| 2022datafromDataUSA&US Bureauof Labor Statistics
*MedianSalefor SingleFamily&Duplex for 2023
*Unemployment Rate:Q4 2024
CONDOMINIUM & TOWNHOME
AVERAGE PRICE PER SQUARE FOOT (SFR)
TOTAL SALES VOLUME COMPARISON
3,146 number of sales,a 47.6%decreasefrom 2024
11
best city for young professionals $396 averagesold price per squarefoot (sfr), a1%decreasefrom 2024 $894K averagesaleprice (sfr),a1%increase from2024
| Aurora Scenery
SOUTHEAST DENVER | AURORA
POPULATION | 654,453
POPULATION GROWTH | +14 65% SINCE 2010
MEDIAN AGE | 37 1
*UNEMPLOYMENT RATE | 4 3%
MEDIAN HOUSEHOLD INCOME | $92,292
AVERAGE COMMUTE TIME | 27.8 MINUTES
HOME OWNERSHIP RATE | 64 9%
*MEDIAN PROPERTY SALE PRICE | $589,475
IN THE KNOW...
5TIDBITSFROM THELOCALS
1 GLIDE around at South Suburban Ice Arena
2 ENJOY a show at The Venue
3. EXPLORE at Triple Creek Trailhead
4 SHOP & SAVOR at the SouthlandsShoppingCenter
5. DINE at Common Good
SOURCE| 2022datafromDataUSA&US Bureauof Labor Statistics
*MedianSalefor SingleFamily&Duplex for 2023
*Unemployment Rate:Q4 2024
Pictured
CONDOMINIUM & TOWNHOME
$282 averagesold price per squarefoot (sfr), a1.1%decreasefrom 2024
$754K averagesaleprice (sfr),a1.17%increase from2024
AVERAGE PRICE PER SQUARE FOOT (SFR)
3,052 number of sales,a 48.3%decreasefrom 2024
8,000 acres of open space
| Evergreen Lake
WEST METRO | FOOTHILLS
POPULATION | 580,519
POPULATION GROWTH | +7 6% SINCE 2010
MEDIAN AGE | 40 2
*UNEMPLOYMENT RATE | 4 3%
MEDIAN HOUSEHOLD INCOME | $103,167
AVERAGE COMMUTE TIME | 27 MINUTES
HOME OWNERSHIP RATE | 70 6%
*MEDIAN PROPERTY SALE PRICE | $711,000
IN THE KNOW...
5TIDBITSFROM THELOCALS
1. DINE at Bridgewater Grill
2. VISIT Lookout Mountain for ample hiking trails
3 DISCOVER hidden treasures at The Little Bear
4. SNAP pictures at Golden Gate Canyon State Park
5. UNWIND at Evergreen Lake
SOURCE| 2022datafromDataUSA&US Bureauof Labor Statistics
*MedianSalefor SingleFamily&Duplex for 2023
*Unemployment Rate:Q4 2024
Pictured
CONDOMINIUM & TOWNHOME
AVERAGE PRICE PER SQUARE FOOT (SFR)
3,146 number of sales,a 48.6%decreasefrom 2024
70.6% homeownship rate $334 averagesold price per squarefoot (sfr), a0.6%increasefrom 2024 $827K averagesaleprice (sfr),a1.4%increase from2024
NORTHERN COLORADO
POPULATION | 331,466
POPULATION GROWTH | +37 7% SINCE 2010
MEDIAN AGE | 35
*UNEMPLOYMENT RATE | 4.7%
MEDIAN HOUSEHOLD INCOME | $89,182
AVERAGE COMMUTE TIME | 28 2 MINUTES
HOME OWNERSHIP RATE | 75 2%
*MEDIAN PROPERTY SALE PRICE | $543,621
TOP5TIDBITSFROM THELOCALS
1 TOUR the New Belgium Brewery Company 2. HIKE at Rabbit Mountain Open Space 3 RELAX at Longmont Reservoir 4 CATCH a concert at the Mishawaka Amphitheatre 5. CAMP at Boyd Lake State Park
*Unemployment Rate:Q4 2024 IN THE
SOURCE| 2022datafromDataUSA&US Bureauof Labor Statistics
*MedianSalefor SingleFamily&Duplex for 2023
Pictured | Horse-tooth Reservoir
CONDOMINIUM & TOWNHOME
AVERAGE PRICE PER SQUARE FOOT (SFR) SINGLE
$267 averagesold price per squarefoot (sfr), a0.8%increasefrom 2024
$630K averagesaleprice (sfr),a1.1%increase from2024
5,680 number of sales,a 42.6%decreasefrom 2024
fastest growing region in Colorado
NORTHEAST DENVER | ADAMS COUNTY
POPULATION | 520,149
POPULATION GROWTH | +18.9% SINCE 2010
MEDIAN AGE | 34 4
*UNEMPLOYMENT RATE | 4 8%
MEDIAN HOUSEHOLD INCOME | $86,297
AVERAGE COMMUTE TIME | 29 9 MINUTES
HOME OWNERSHIP RATE | 68 3%
*MEDIAN PROPERTY SALE PRICE | $529,912
IN THE KNOW...
5TIDBITSFROM THELOCALS
1 VIEW the landscapes at Barr Lake State Park
2. SHOP at the Prairie Center
3 CATCH a Colorado Rapids game on the pitch
4 EXPLORE Adams County Fair
5. ENJOY family time at Boondocks Food & Fun
SOURCE| 2022datafromDataUSA&US Bureauof Labor Statistics
*MedianSalefor SingleFamily&Duplex for 2023
*Unemployment Rate:Q4 2024
Pictured | Bowles House Museum
CONDOMINIUM & TOWNHOME
$269 averagesold price per squarefoot (sfr), a0.7%decreasefrom 2024 $558K averagesaleprice (sfr),a1.48% decreasefrom2024
AVERAGE PRICE PER SQUARE FOOT (SFR)
3,006 number of sales,a 50.3%decreasefrom 2024
15,988 acre wildlife refuge
Smith & Frampton Real Estate | 16
SOUTH METRO
POPULATION | 360,206
POPULATION GROWTH | +31 71% SINCE 2010
MEDIAN AGE | 39 3
*UNEMPLOYMENT RATE | 4 3%
MEDIAN HOUSEHOLD INCOME | $139,010
AVERAGE COMMUTE TIME | 27.3 MINUTES
HOME OWNERSHIP RATE | 78 4%
*MEDIAN PROPERTY SALE PRICE | $747,325
IN THE KNOW...
5TIDBITSFROM THELOCALS
1. EXPERIENCE the outdoors at Ridgeline Open Space
2 SWING at the Colorado Journey Miniature Golf
3 STROLL through historic Highlands Ranch Mansion
4. RELAX at O'Brien Park
5 DINE at Castle Cafe
SOURCE| 2022datafromDataUSA&US Bureauof Labor Statistics
*MedianSalefor SingleFamily&Duplex for 2023
*Unemployment Rate:Q4 2024
Slifer
CONDOMINIUM & TOWNHOME
$284 averagesold price per squarefoot (sfr), a0.4%decreasefrom 2024 $896K averagesaleprice (sfr),a2.47% increasefrom2024
AVERAGE PRICE PER SQUARE FOOT (SFR)
3,062 number of sales,a 44.6%decreasefrom 2024
10 healthiest counties in U S
NOTABLE SALES
As a founding member Slifer Smith & Frampton is proud to fly the Forbes Global Properties flag from Aspen to the Front Range This powerful, global, network of top-tier independent brokerages gives our agents, and our clients, exclusive access to an invaluable network of the world's finest homes and the agents representing them
Every year, our membership with Forbes Global Properties brings some incredible Front Range homes to a global audience
Here are some of our notable sales on the Front Range
Slifer Smith & Frampton
