2020 Annual Slifer Report - Denver

THE SLIFER REPORT Denver Real Estate 2020 Annual Market Review

2020 | DE NVE R , COLOR ADO

TA B L E O F CO N T E N T S Reflecting Back on 2020........................................... 3 2020 Denver Overview............................................... 4 2020 Denver Luxury Overview.............................. 5

NEIGHBORHOODS Riverfront Park & Downtown Denver.................. 6 Cherry Creek.................................................................... 7 Cherry Hills Village........................................................ 8 Greenwood Village........................................................ 9 Washington Park.......................................................... 10 River North / Five Points........................................... 11 Park Hill..............................................................................12 Hilltop..................................................................................13 Uptown & Capitol Hill................................................. 14 City Park............................................................................15 Cheesman Park & Congress Park........................ 16 Highlands & LoHi...........................................................17 Berkeley & Sunnyside................................................ 18 Sloan’s Lake.................................................................... 19 Baker & Lincoln Park................................................. 20 Platt Park...........................................................................21 >>>

2020 Land Overview.................................................22 Local Brand, Local Leaders....................................23 Global Reach..................................................................24 Notes..................................................................................25 SSF Colorado Map...............................................26-27

REFLECTING BACK EMERGING BUYER AND SELLER TRENDS AS OUR COUNTRY RECOVERS

REAL ESTATE 2020 Denver has become the natural fit for many longing for a city-meets-mountains lifestyle.

Since March, the coronavirus pandemic has changed nearly everything about our way of life. No surprise, it’s also changed the real estate industry. What buyers are looking for in a home and what sellers are expecting when they put their house on the market is quite different than it was a year ago.

and sellers want to handle transactions this way – via email, video chat and virtual showings. Open houses, and even private showings, have occupancy caps, as well as hand sanitizer and mask requirements. We know the desire for in-person showings isn’t going anywhere but we’re equipped virtually whenever needed.

In Colorado, we’ve seen an influx of people looking for an escape. Now that many can work from anywhere, buyers are looking for cities that afford them the lifestyle they want, a place where they have easy access to the outdoors and can meet their needs a little closer to home. They’re looking for home offices and turning to technology more than ever before to feel safe, comfortable, and entertained.

SSF continued our growth throughout the year, expanding our presence here in Denver in all new ways and hiring 24 new brokers and 17 new staff members company-wide. We created a New Development Sales Division that proved successful with its 14 active developments and the acquisition of the largest ski resort development in North America. Our Roaring Fork Valley brokers increased SSF’s market share in the first full year since joining in 2019. The communities we do business in mean the world to us and we’re grateful to have been able to give $287K to meaningful organizations through our charitable foundations.

Buyer demand in Denver has led to record sales. Compared to last year, sales volume in the Denver Metro Area is up by 16%, with record highs for the number of homes sold and record lows for available inventory. Luxury homes are at the forefront of Denver’s market growth, with the sale of homes priced over $2 million increasing nearly 60% compared to last year.

How we work with each other and with our clients has changed as well. In March, as offices were shutting down across the country, SSF acted fast. Our teams collaborated to ramp up training and development programs, and to keep each other engaged and informed. We set up a remote infrastructure for our employees and clients so communications could all be handled virtually. More and more, buyers

Rounding the year out, Slifer Smith & Frampton announced a new partnership with Forbes Global Properties, becoming a partial owner in this brand new and exclusive real estate marketplace. This designation allows us to leverage our ability to connect with the world’s finest homes, the brokers that represent them, and high net worth clients. We are beyond excited to be joining an exceptional global brand, extending an elevated reputation and unsurpassed quality to our brokers and clients alike.

COMPARED TO LAST YEAR, SALES VOLUME IN THE DENVER METRO AREA IS UP BY 16%, WITH RECORD HIGHS FOR THE NUMBER OF HOMES SOLD AND RECORD LOWS FOR AVAILABLE INVENTORY. — DMAR 2020

Source of all data contained in this report is REColorado, Multiple Listing Service. Information is deemed reliable but not guaranteed.

Consult your Slifer Smith & Frampton Broker for more information. ©2021 Slifer Smith & Frampton Real Estate

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2020 DENVER OVERVIEW T R A N SAC T I O N VO LU M E CO M PA R I S O N 70,000

NO. OF TRANSACTIONS

60,000 50,000 40,000 30,000 20,000 10,000 0

58,465

60,937

58,103

60,310

65,208

2016

2017

2018

2019

2020

SA L E S VO LU M E CO M PA R I S O N $35B $30B $25B $20B

$29,017,419,634

$33,674,814,701

0

$27,116,896,164

$5B

$26,243,559,514

$10B

$23,179,866,260

$15B

2016

2017

2018

2019

2020

*Data gathered is from Land and Residential sales from 1.1 through 12.31 of each year.

Source of all data contained in this report is REColorado, Multiple Listing Service. Information is deemed reliable but not guaranteed.

Consult your Slifer Smith & Frampton Broker for more information. ©2021 Slifer Smith & Frampton Real Estate

2020 ANNUAL SLIFER REPORT 2 0 2 0 A N N UA L S L I F E R R E P O R T

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2020 DENVER LUXURY OVERVIEW LUXU RY T R A N SAC T I O N S VO LU M E CO M PA R I S O N 3,500

NO. OF TRANSACTIONS

3,000 2,500 2,000 1,500 1,000 500 0

1,372

1,827

2,166

2,436

3,291

2016

2017

2018

2019

2020

LUXU RY SA L E S VO LU M E CO M PA R I S O N $5B $4B $3B

$3,303,588,383

$3,765,455,058

$5,117,676,314

0

$2,785,014,242

$1B

$2,085,741,476

$2B

2016

2017

2018

2019

2020

*Data gathered is from Residential sales over $1 million from 1.1 through 12.31 of each year.

Source of all data contained in this report is REColorado, Multiple Listing Service. Information is deemed reliable but not guaranteed.

Consult your Slifer Smith & Frampton Broker for more information. ©2021 Slifer Smith & Frampton Real Estate

2020 ANNUAL SLIFER REPORT 2 0 2 0 A N N UA L S L I F E R R E P O R T

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RIVERFRONT PARK & DOWNTOWN DENVER R I V E R F R O N T PA R K SALES VOLUME

NO. OF SALES

AVG. DAYS ON MARKET

AVG. SALE

MEDIAN SALE

2016

$51,139,542

87

54

$587,811

$512,000

2017

$59,788,304

97

50

$616,374

$535,000

2018

$50,127,387

73

45

$686,677

$560,000

2019

$57,793,856

68

52

$849,910

$661,100

2020

$48,729,606

72

50

$676,800

$570,000

The highest sale in Riverfront Park in 2020 was $2.6M

D OW N TOW N D E N V E R SALES VOLUME

NO. OF SALES

AVG. DAYS ON MARKET

AVG. SALE

MEDIAN SALE

2016

$202,361,606

378

47

$535,348

$468,000

2017

$253,352,992

396

48

$639,780

$506,125

2018

$238,790,913

368

53

$648,888

$515,000

2019

$257,174,781

332

57

$774,623

$603,475

2020

$211,225,738

318

60

$664,232

$529,950

AV E R AG E P R I C E P E R S Q UA R E F O OT R I V E R F R O N T PA R K

D OW N TOW N D E N V E R

2016

2017

2018

2019

2020

2016

2017

2018

2019

2020

$473

$500

$526

$543

$553

$429

$456

$471

$510

$504

SA L E P R I C E VS L I ST P R I C E CO M PA R I S O N R I V E R F R O N T PA R K AVERAGE OF SALE PRICE/LAST LISTED PRICE

D OW N TOW N D E N V E R

98%

AVERAGE OF SALE PRICE/LAST LISTED PRICE

*Data gathered is from Residential sales from 1.1 Information through is12.31 of each Source of all data contained in this report is REColorado, Multiple Listing Service. deemed reliableyear. but not guaranteed.

Consult your Slifer Smith & Frampton Broker for more information. ©2021 Slifer Smith & Frampton Real Estate

2020 ANNUAL SLIFER REPORT 2 0 2 0 A N N UA L S L I F E R R E P O R T

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98%

CHERRY CREEK S I N G L E - FA M I LY SALES VOLUME

NO. OF SALES

AVG. DAYS ON MARKET

AVG. SALE

MEDIAN SALE

2016

$43,531,907

25

45

$1,741,276

$1,520,000

2017

$18,060,900

12

53

$1,505,075

$1,038,000

2018

$26,446,000

19

49

$1,391,895

$911,000

2019

$49,031,450

22

39

$2,228,702

$2,300,000

2020

$49,400,928

28

44

$1,764,319

$1,580,843

SALES VOLUME

NO. OF SALES

AVG. DAYS ON MARKET

AVG. SALE

MEDIAN SALE

2016

$201,447,823

223

45

$903,353

$765,000

2017

$180,500,220

208

53

$867,790

$777,500

2018

$158,994,870

186

49

$854,811

$739,450

2019

$294,600,979

274

39

$1,075,186

$894,090

2020

$231,139,582

233

44

$992,015

$825,000

AT TAC H E D

AV E R AG E P R I C E P E R S Q UA R E F O OT AT TAC H E D

S I N G L E - FA M I LY 2016

2017

2018

2019

2020

2016

2017

2018

2019

2020

$340

$364

$407

$402

$375

$318

$328

$353

$393

$378

SA L E P R I C E VS L I ST P R I C E CO M PA R I S O N S I N G L E - FA M I LY AVERAGE OF SALE PRICE/LAST LISTED PRICE

AT TAC H E D AVERAGE OF SALE PRICE/LAST LISTED PRICE

96%

*Data gathered is from Residential sales from 1.1 Information through is12.31 of each Source of all data contained in this report is REColorado, Multiple Listing Service. deemed reliable year. but not guaranteed.

Consult your Slifer Smith & Frampton Broker for more information. ©2021 Slifer Smith & Frampton Real Estate

2020 ANNUAL SLIFER REPORT 2 0 2 0 A N N UA L S L I F E R R E P O R T

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98%

CHERRY HILLS VILLAGE S I N G L E - FA M I LY SALES VOLUME

NO. OF SALES

AVG. DAYS ON MARKET

AVG. SALE

MEDIAN SALE

2016

$162,518,029

78

118

$2,083,564

$1,765,000

2017

$174,730,615

75

106

$2,329,742

$1,950,000

2018

$205,948,327

88

86

$2,340,322

$1,957,500

2019

$187,667,000

77

84

$2,437,234

$2,050,000

2020

$249,968,553

91

73

$2,746,907

$2,350,000

AV E R AG E P R I C E P E R S Q UA R E F O OT S I N G L E - FA M I LY 2016

2017

2018

2019

2020

$275

$281

$313

$306

$332

SA L E P R I C E VS L I ST P R I C E CO M PA R I S O N S I N G L E - FA M I LY AVERAGE OF SALE PRICE/LAST LISTED PRICE

98%

*Data gathered is from Residential sales from 1.1 through 12.31 of each year.

Source of all data contained in this report is REColorado, Multiple Listing Service. Information is deemed reliable but not guaranteed.

Consult your Slifer Smith & Frampton Broker for more information. ©2021 Slifer Smith & Frampton Real Estate

2020 ANNUAL SLIFER REPORT 2 0 2 0 A N N UA L S L I F E R R E P O R T

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GREENWOOD VILLAGE S I N G L E - FA M I LY SALES VOLUME

NO. OF SALES

AVG. DAYS ON MARKET

AVG. SALE

MEDIAN SALE

2016

$188,080,539

148

65

$1,270,814

$1,088,500

2017

$195,624,781

156

65

$1,254,005

$1,130,500

2018

$232,766,836

162

61

$1,436,832

$1,277,500

2019

$218,284,085

156

50

$1,399,257

$1,200,000

2020

$296,789,269

194

35

$1,529,842

$1,375,000

Average days on market has decreased by 46% since 2016

AT TAC H E D SALES VOLUME

NO. OF SALES

AVG. DAYS ON MARKET

AVG. SALE

MEDIAN SALE

2016

$54,491,957

121

37

$450,347

$327,000

2017

$47,238,335

100

32

$472,383

$364,188

2018

$46,081,055

90

26

$512,012

$350,000

2019

$50,988,790

97

36

$525,658

$405,000

2020

$51,402,000

91

51

$564,857

$395,000

AV E R AG E P R I C E P E R S Q UA R E F O OT AT TAC H E D

S I N G L E - FA M I LY 2016

2017

2018

2019

2020

2016

2017

2018

2019

2020

$221

$223

$237

$237

$257

$228

$243

$258

$262

$273

Price per square foot for attached homes has increased 20% since 2016

SA L E P R I C E VS L I ST P R I C E CO M PA R I S O N S I N G L E - FA M I LY AVERAGE OF SALE PRICE/LAST LISTED PRICE

AT TAC H E D

99%

AVERAGE OF SALE PRICE/LAST LISTED PRICE

*Data gathered is from Residential sales from 1.1 through 12.31 of each year.

Source of all data contained in this report is REColorado, Multiple Listing Service. Information is deemed reliable but not guaranteed.

Consult your Slifer Smith & Frampton Broker for more information. ©2021 Slifer Smith & Frampton Real Estate

2020 ANNUAL SLIFER REPORT 2 0 2 0 A N N UA L S L I F E R R E P O R T

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99%

WASHINGTON PARK S I N G L E - FA M I LY SALES VOLUME

NO. OF SALES

AVG. DAYS ON MARKET

AVG. SALE

MEDIAN SALE

2016

$122,399,585

114

31

$1,073,681

$852,500

2017

$117,104,897

108

39

$1,084,305

$903,750

2018

$120,930,060

99

27

$1,221,516

$970,000

2019

$143,631,834

113

31

$1,271,078

$1,050,000

2020

$196,052,900

130

32

$1,508,099

$1,349,500

AV E R AG E P R I C E P E R S Q UA R E F O OT S I N G L E - FA M I LY 2016

2017

2018

2019

2020

$323

$331

$367

$360

$417

SA L E P R I C E VS L I ST P R I C E CO M PA R I S O N S I N G L E - FA M I LY AVERAGE OF SALE PRICE/LAST LISTED PRICE

99%

*Data gathered is from Residential sales from 1.1 through 12.31 of each year.

Source of all data contained in this report is REColorado, Multiple Listing Service. Information is deemed reliable but not guaranteed.

Consult your Slifer Smith & Frampton Broker for more information. ©2021 Slifer Smith & Frampton Real Estate

2020 ANNUAL SLIFER REPORT 2 0 2 0 A N N UA L S L I F E R R E P O R T

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RINO / FIVE POINTS S I N G L E - FA M I LY SALES VOLUME

NO. OF SALES

AVG. DAYS ON MARKET

AVG. SALE

MEDIAN SALE

2016

$33,153,755

64

42

$518,027

$494,000

2017

$34,724,912

59

25

$588,558

$547,525

2018

$34,613,750

59

24

$586,674

$552,000

2019

$32,966,527

48

32

$686,803

$659,000

2020

$35,227,774

53

15

$664,675

$674,999

Average sales price has increased 28% since 2016

AT TAC H E D SALES VOLUME

NO. OF SALES

AVG. DAYS ON MARKET

AVG. SALE

MEDIAN SALE

2016

$127,032,552

287

29

$442,622

$439,080

2017

$134,205,390

279

32

$481,023

$442,900

2018

$113,845,383

211

33

$539,552

$476,000

2019

$113,948,990

218

41

$522,702

$505,000

2020

$130,412,585

259

43

$503,523

$465,000

AV E R AG E P R I C E P E R S Q UA R E F O OT CO M PA R I S O N S I N G L E - FA M I LY

AT TAC H E D

2016

2017

2018

2019

2020

2016

2017

2018

2019

2020

$257

$290

$299

$321

$338

$345

$361

$419

$416

$417

SA L E P R I C E VS L I ST P R I C E CO M PA R I S O N S I N G L E - FA M I LY AVERAGE OF SALE PRICE/LAST LISTED PRICE

AT TAC H E D

100%

AVERAGE OF SALE PRICE/LAST LISTED PRICE

*Data gathered is from Residential sales from 1.1 through 12.31 of each year.

Source of all data contained in this report is REColorado, Multiple Listing Service. Information is deemed reliable but not guaranteed.

Consult your Slifer Smith & Frampton Broker for more information. ©2021 Slifer Smith & Frampton Real Estate

2020 ANNUAL SLIFER REPORT 2 0 2 0 A N N UA L S L I F E R R E P O R T

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99%

PARK HILL S I N G L E - FA M I LY SALES VOLUME

NO. OF SALES

AVG. DAYS ON MARKET

AVG. SALE

MEDIAN SALE

2016

$275,292,030

536

24

$513,605

$435,500

2017

$276,557,270

493

21

$560,968

$499,995

2018

$291,062,146

479

21

$607,645

$525,000

2019

$287,802,908

461

25

$624,301

$523,700

2020

$341,814,948

507

21

$674,191

$595,000

SALES VOLUME

NO. OF SALES

AVG. DAYS ON MARKET

AVG. SALE

MEDIAN SALE

2016

$25,579,217

97

22

$263,703

$241,000

2017

$25,316,245

84

20

$301,384

$277,500

2018

$23,406,604

76

21

$307,982

$280,000

2019

$26,092,953

81

27

$322,135

$315,000

2020

$34,161,250

98

24

$348,584

$325,000

AT TAC H E D

AV E R AG E P R I C E P E R S Q UA R E F O OT S I N G L E - FA M I LY

AT TAC H E D

2016

2017

2018

2019

2020

2016

2017

2018

2019

2020

$237

$257

$275

$280

$306

$243

$265

$301

$288

$293

SA L E P R I C E VS L I ST P R I C E CO M PA R I S O N S I N G L E - FA M I LY AVERAGE OF SALE PRICE/LAST LISTED PRICE

AT TAC H E D

100% AVERAGE OF SALE PRICE/LAST LISTED PRICE

*Data gathered is from Residential sales from 1.1 through 12.31 of each year.

Source of all data contained in this report is REColorado, Multiple Listing Service. Information is deemed reliable but not guaranteed.

Consult your Slifer Smith & Frampton Broker for more information. ©2021 Slifer Smith & Frampton Real Estate

2020 ANNUAL SLIFER REPORT 2 0 2 0 A N N UA L S L I F E R R E P O R T

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100%

HILLTOP S I N G L E - FA M I LY SALES VOLUME

NO. OF SALES

AVG. DAYS ON MARKET

AVG. SALE

MEDIAN SALE

2016

$153,850,823

148

55

$1,039,533

$863,100

2017

$196,419,829

151

47

$1,300,794

$1,150,000

2018

$178,200,415

147

41

$1,212,248

$1,060,000

2019

$204,281,693

161

37

$1,268,830

$1,150,000

2020

$266,029,621

179

46

$1,486,199

$1,295,000

AV E R AG E P R I C E P E R S Q UA R E F O OT S I N G L E - FA M I LY 2016

2017

2018

2019

2020

$285

$292

$300

$323

$348

SA L E P R I C E VS L I ST P R I C E CO M PA R I S O N S I N G L E - FA M I LY AVERAGE OF SALE PRICE/LAST LISTED PRICE

98%

*Data gathered is from Residential sales from 1.1 through 12.31 of each year.

Source of all data contained in this report is REColorado, Multiple Listing Service. Information is deemed reliable but not guaranteed.

Consult your Slifer Smith & Frampton Broker for more information. ©2021 Slifer Smith & Frampton Real Estate

2020 ANNUAL SLIFER REPORT 2 0 2 0 A N N UA L S L I F E R R E P O R T

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UPTOWN & CAPITOL HILL S I N G L E - FA M I LY SALES VOLUME

NO. OF SALES

AVG. DAYS ON MARKET

AVG. SALE

MEDIAN SALE

2016

$15,177,212

23

31

$659,879

$607,500

2017

$14,950,900

18

38

$830,606

$762,450

2018

$17,171,200

20

29

$858,560

$745,500

2019

$17,083,300

20

45

$854,165

$745,000

2020

$13,406,500

17

26

$788,618

$775,000

SALES VOLUME

NO. OF SALES

AVG. DAYS ON MARKET

AVG. SALE

MEDIAN SALE

2016

$119,175,865

387

19

$307,948

$295,000

2017

$140,909,240

426

21

$330,773

$308,250

2018

$176,146,845

465

28

$378,810

$337,500

2019

$140,223,194

405

28

$346,230

$310,000

2020

$137,079,705

377

37

$363,607

$340,000

AT TAC H E D

AV E R AG E P R I C E P E R S Q UA R E F O OT S I N G L E - FA M I LY

AT TAC H E D

2016

2017

2018

2019

2020

2016

2017

2018

2019

2020

$208

$236

$270

$283

$328

$323

$340

$369

$366

$374

SA L E P R I C E VS L I ST P R I C E CO M PA R I S O N S I N G L E - FA M I LY AVERAGE OF SALE PRICE/LAST LISTED PRICE

AT TAC H E D

98% AVERAGE OF SALE PRICE/LAST LISTED PRICE

*Data gathered is from Residential sales from 1.1 through 12.31 of each year.

Source of all data contained in this report is REColorado, Multiple Listing Service. Information is deemed reliable but not guaranteed.

Consult your Slifer Smith & Frampton Broker for more information. ©2021 Slifer Smith & Frampton Real Estate

2020 ANNUAL SLIFER REPORT 2 0 2 0 A N N UA L S L I F E R R E P O R T

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99%

CITY PARK & CITY PARK WEST S I N G L E - FA M I LY SALES VOLUME

NO. OF SALES

AVG. DAYS ON MARKET

AVG. SALE

MEDIAN SALE

2016

$34,966,949

55

26

$635,763

$599,999

2017

$27,504,465

43

21

$639,639

$625,000

2018

$31,851,316

44

14

$723,894

$748,500

2019

$22,288,400

32

26

$696,513

$690,000

2020

$38,050,474

52

27

$731,740

$699,000

SALES VOLUME

NO. OF SALES

AVG. DAYS ON MARKET

AVG. SALE

MEDIAN SALE

2016

$56,991,564

139

18

$410,011

$410,000

2017

$73,496,590

143

29

$513,962

$445,000

2018

$47,500,549

102

17

$465,692

$452,250

2019

$61,140,442

114

32

$536,320

$506,278

2020

$68,207,758

122

29

$559,080

$512,250

AT TAC H E D

Average sales price has increased 36% since 2016

AV E R AG E P R I C E P E R S Q UA R E F O OT S I N G L E - FA M I LY

AT TAC H E D

2016

2017

2018

2019

2020

2016

2017

2018

2019

2020

$238

$251

$295

$298

$317

$327

$346

$361

$378

$380

SA L E P R I C E VS L I ST P R I C E CO M PA R I S O N S I N G L E - FA M I LY AVERAGE OF SALE PRICE/LAST LISTED PRICE

AT TAC H E D

100%

AVERAGE OF SALE PRICE/LAST LISTED PRICE

*Data gathered is from Residential sales from 1.1 through 12.31 of each year.

Source of all data contained in this report is REColorado, Multiple Listing Service. Information is deemed reliable but not guaranteed.

Consult your Slifer Smith & Frampton Broker for more information. ©2021 Slifer Smith & Frampton Real Estate

2020 ANNUAL SLIFER REPORT 2 0 2 0 A N N UA L S L I F E R R E P O R T

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100%

CHEESMAN PARK & CONGRESS PARK S I N G L E - FA M I LY SALES VOLUME

NO. OF SALES

AVG. DAYS ON MARKET

AVG. SALE

MEDIAN SALE

2016

$123,001,192

170

26

$723,536

$654,000

2017

$113,093,679

156

25

$724,959

$672,500

2018

$115,011,572

138

17

$833,417

$767,500

2019

$117,530,514

129

28

$911,089

$753,000

2020

$146,940,326

164

25

$895,978

$820,000

SALES VOLUME

NO. OF SALES

AVG. DAYS ON MARKET

AVG. SALE

MEDIAN SALE

2016

$84,386,138

248

19

$340,267

$302,250

2017

$80,212,937

244

23

$328,742

$289,950

2018

$81,737,957

217

23

$376,673

$320,000

2019

$90,475,784

235

29

$385,003

$310,000

2020

$94,523,456

243

42

$388,985

$335,000

AT TAC H E D

AV E R AG E P R I C E P E R S Q UA R E F O OT S I N G L E - FA M I LY

AT TAC H E D

2016

2017

2018

2019

2020

2016

2017

2018

2019

2020

$256

$284

$297

$313

$329

$311

$345

$371

$367

$369

SA L E P R I C E VS L I ST P R I C E CO M PA R I S O N AT TAC H E D

S I N G L E - FA M I LY AVERAGE OF SALE PRICE/LAST LISTED PRICE

99% AVERAGE OF SALE PRICE/LAST LISTED PRICE

*Data gathered is from Residential sales from 1.1 through 12.31 of each year.

Source of all data contained in this report is REColorado, Multiple Listing Service. Information is deemed reliable but not guaranteed.

Consult your Slifer Smith & Frampton Broker for more information. ©2021 Slifer Smith & Frampton Real Estate

2020 ANNUAL SLIFER REPORT 2 0 2 0 A N N UA L S L I F E R R E P O R T

16

99%

HIGHLANDS & LOHI S I N G L E - FA M I LY SALES VOLUME

NO. OF SALES

AVG. DAYS ON MARKET

AVG. SALE

MEDIAN SALE

2016

$58,205,432

96

43

$606,307

$557,995

2017

$79,494,808

120

31

$662,457

$570,000

2018

$59,212,723

86

24

$688,520

$622,000

2019

$76,108,285

91

36

$836,355

$751,000

2020

$95,962,910

109

30

$880,394

$807,000

SALES VOLUME

NO. OF SALES

AVG. DAYS ON MARKET

AVG. SALE

MEDIAN SALE

2016

$131,040,292

96

39

$548,286

$524,000

2017

$106,032,547

120

43

$579,413

$515,000

2018

$126,347,317

86

26

$584,941

$575,500

2019

$136,611,145

91

37

$641,367

$600,000

2020

$153,015,674

109

37

$634,920

$567,000

AT TAC H E D

AV E R AG E P R I C E P E R S Q UA R E F O OT AT TAC H E D

S I N G L E - FA M I LY 2016

2017

2018

2019

2020

2016

2017

2018

2019

2020

$277

$315

$334

$381

$380

$357

$379

$402

$402

$426

Average price per square foot for single-family has increased 37% since 2016 SA L E P R I C E VS L I ST P R I C E CO M PA R I S O N AT TAC H E D

S I N G L E - FA M I LY AVERAGE OF SALE PRICE/LAST LISTED PRICE

99% AVERAGE OF SALE PRICE/LAST LISTED PRICE

*Data gathered is from Residential sales from 1.1 through 12.31 of each year.

Source of all data contained in this report is REColorado, Multiple Listing Service. Information is deemed reliable but not guaranteed.

Consult your Slifer Smith & Frampton Broker for more information. ©2021 Slifer Smith & Frampton Real Estate

2020 ANNUAL SLIFER REPORT 2 0 2 0 A N N UA L S L I F E R R E P O R T

17

99%

BERKELEY & SUNNYSIDE S I N G L E - FA M I LY SALES VOLUME

NO. OF SALES

AVG. DAYS ON MARKET

AVG. SALE

MEDIAN SALE

2016

$164,138,346

353

30

$464,981

$432,000

2017

$191,348,001

373

29

$512,997

$488,500

2018

$200,369,848

352

34

$569,233

$535,000

2019

$215,120,572

363

31

$592,619

$555,000

2020

$253,516,399

392

29

$646,726

$585,000

SALES VOLUME

NO. OF SALES

AVG. DAYS ON MARKET

AVG. SALE

MEDIAN SALE

2016

$74,837,182

138

30

$542,298

$589,500

2017

$101,181,348

179

29

$565,259

$545,000

2018

$152,775,960

245

34

$623,575

$620,000

2019

$117,904,720

189

31

$623,834

$605,500

2020

$216,164,213

335

29

$645,266

$619,000

AT TAC H E D

AV E R AG E P R I C E P E R S Q UA R E F O OT S I N G L E - FA M I LY

AT TAC H E D

2016

2017

2018

2019

2020

2016

2017

2018

2019

2020

$267

$293

$325

$322

$358

$294

$311

$336

$341

$370

SA L E P R I C E VS L I ST P R I C E CO M PA R I S O N S I N G L E - FA M I LY AVERAGE OF SALE PRICE/LAST LISTED PRICE

AT TAC H E D

100%

AVERAGE OF SALE PRICE/LAST LISTED PRICE

*Data gathered is from Residential sales from 1.1 through 12.31 of each year.

Source of all data contained in this report is REColorado, Multiple Listing Service. Information is deemed reliable but not guaranteed.

Consult your Slifer Smith & Frampton Broker for more information. ©2021 Slifer Smith & Frampton Real Estate

2020 ANNUAL SLIFER REPORT 2 0 2 0 A N N UA L S L I F E R R E P O R T

18

100%

SLOAN'S LAKE S I N G L E - FA M I LY SALES VOLUME

NO. OF SALES

AVG. DAYS ON MARKET

AVG. SALE

MEDIAN SALE

2016

$92,101,035

164

24

$561,592

$508,000

2017

$76,587,562

120

24

$638,230

$576,750

2018

$88,541,300

132

21

$670,767

$620,000

2019

$97,735,349

139

29

$703,132

$632,000

2020

$105,822,250

137

19

$772,425

$715,000

Median sale price has increased 41% since 2016 AT TAC H E D SALES VOLUME

NO. OF SALES

AVG. DAYS ON MARKET

AVG. SALE

MEDIAN SALE

2016

$125,247,227

234

57

$535,245

$536,000

2017

$129,721,371

227

45

$571,460

$565,000

2018

$141,530,083

236

32

$599,704

$564,500

2019

$119,046,285

195

46

$610,494

$590,000

2020

$191,677,009

288

44

$665,545

$590,000

AV E R AG E P R I C E P E R S Q UA R E F O OT S I N G L E - FA M I LY

AT TAC H E D

2016

2017

2018

2019

2020

2016

2017

2018

2019

2020

$273

$287

$320

$329

$359

$297

$317

$340

$370

$386

SA L E P R I C E VS L I ST P R I C E CO M PA R I S O N S I N G L E - FA M I LY AVERAGE OF SALE PRICE/LAST LISTED PRICE

AT TAC H E D

100%

AVERAGE OF SALE PRICE/LAST LISTED PRICE

*Data gathered is from Residential sales from 1.1 through 12.31 of each year.

Source of all data contained in this report is REColorado, Multiple Listing Service. Information is deemed reliable but not guaranteed.

Consult your Slifer Smith & Frampton Broker for more information. ©2021 Slifer Smith & Frampton Real Estate

2020 ANNUAL SLIFER REPORT 2 0 2 0 A N N UA L S L I F E R R E P O R T

19

100%

BAKER & LINCOLN PARK S I N G L E - FA M I LY SALES VOLUME

NO. OF SALES

AVG. DAYS ON MARKET

AVG. SALE

MEDIAN SALE

2016

$45,046,840

110

13

$409,517

$400,000

2017

$44,250,212

97

19

$456,188

$449,900

2018

$49,743,850

101

18

$492,513

$470,000

2019

$61,204,132

118

25

$518,679

$505,500

2020

$65,633,601

119

14

$551,543

$560,000

SALES VOLUME

NO. OF SALES

AVG. DAYS ON MARKET

AVG. SALE

MEDIAN SALE

2016

$36,106,388

106

16

$340,626

$310,000

2017

$56,889,726

148

25

$384,390

$356,450

2018

$42,442,874

103

25

$412,067

$359,900

2019

$61,838,437

142

44

$435,482

$381,500

2020

$83,135,675

192

43

$432,998

$387,500

AT TAC H E D

AV E R AG E P R I C E P E R S Q UA R E F O OT S I N G L E - FA M I LY

AT TAC H E D

2016

2017

2018

2019

2020

2016

2017

2018

2019

2020

$272

$302

$337

$330

$357

$334

$337

$366

$383

$393

SA L E P R I C E VS L I ST P R I C E CO M PA R I S O N S I N G L E - FA M I LY AVERAGE OF SALE PRICE/LAST LISTED PRICE

AT TAC H E D

100%

AVERAGE OF SALE PRICE/LAST LISTED PRICE

*Data gathered is from Residential sales from 1.1 through 12.31 of each year.

Source of all data contained in this report is REColorado, Multiple Listing Service. Information is deemed reliable but not guaranteed.

Consult your Slifer Smith & Frampton Broker for more information. ©2021 Slifer Smith & Frampton Real Estate

2020 ANNUAL SLIFER REPORT 2 0 2 0 A N N UA L S L I F E R R E P O R T

20

100%

PLATT PARK S I N G L E - FA M I LY SALES VOLUME

NO. OF SALES

AVG. DAYS ON MARKET

AVG. SALE

MEDIAN SALE

2016

$61,701,785

117

18

$527,366

$500,000

2017

$57,000,896

93

14

$612,913

$574,000

2018

$80,827,906

119

21

$679,226

$630,000

2019

$78,407,962

108

24

$726,000

$638,500

2020

$104,991,763

124

17

$846,708

$715,000

Average sale price has increased 60% since 2016 AT TAC H E D SALES VOLUME

NO. OF SALES

AVG. DAYS ON MARKET

AVG. SALE

MEDIAN SALE

2016

$28,936,300

44

18

$657,643

$699,500

2017

$27,522,600

41

21

$671,283

$735,000

2018

$23,434,575

33

20

$710,139

$745,000

2019

$30,925,043

52

47

$594,712

$497,625

2020

$30,312,300

44

40

$688,916

$635,000

AV E R AG E P R I C E P E R S Q UA R E F O OT S I N G L E - FA M I LY

AT TAC H E D

2016

2017

2018

2019

2020

2016

2017

2018

2019

2020

$278

$309

$332

$341

$364

$257

$272

$288

$380

$362

SA L E P R I C E VS L I ST P R I C E CO M PA R I S O N S I N G L E - FA M I LY AVERAGE OF SALE PRICE/LAST LISTED PRICE

AT TAC H E D

100%

AVERAGE OF SALE PRICE/LAST LISTED PRICE

*Data gathered is from Residential sales from 1.1 through 12.31 of each year.

Source of all data contained in this report is REColorado, Multiple Listing Service. Information is deemed reliable but not guaranteed.

Consult your Slifer Smith & Frampton Broker for more information. ©2021 Slifer Smith & Frampton Real Estate

2020 ANNUAL SLIFER REPORT 2 0 2 0 A N N UA L S L I F E R R E P O R T

21

100%

2020 LAND REVIEW T R A N SAC T I O N VO LU M E CO M PA R I S O N 1,800

NO. OF TRANSACTIONS

1,600 1,400 1,200 1,000 800 600 400 200 0

1,470

1,624

1,539

1,408

1,746

2016

2017

2018

2019

2020

SA L E S VO LU M E CO M PA R I S O N $450M $400M $350M $300M $250M $200M

$371,612,812

$416,856,244

0

$358,655,938

$50M

$334,274,463

$100M

$300,483,132

$150M

2016

2017

2018

2019

2020

*Data gathered is from Land sales from 1.1 through 12.31 of each year.

Source of all data contained in this report is REColorado, Multiple Listing Service. Information is deemed reliable but not guaranteed.

Consult your Slifer Smith & Frampton Broker for more information. ©2021 Slifer Smith & Frampton Real Estate

2020 ANNUAL SLIFER REPORT 2 0 2 0 A N N UA L S L I F E R R E P O R T

22

LOCAL BRAND, LOCAL LEADERS FROM THE HEART OF DENVER TO THE HEIGHTS OF THE COLORADO ROCKIES

Headquartered in Avon, Colorado, SSF has grown to include a team of more than 240 brokers, 100 support staff across 33 locations spanning Denver, the Vail Valley, the Roaring Fork Valley, and Summit County. Our brokers have an average of 20 years’ experience, providing clients with an unsurpassed wealth of local knowledge.

240+

100+

30+

BROKERS

SUPPORT STAFF

OFFICES

*Data gathered is from Land and Residential sales from 1.1.20 - 12.31.20 Source of all data is the REcolorado Multiple Listing Service. Information is deemed reliable but not guaranteed.

Source of all data contained in this report is REColorado, Multiple Listing Service. Information is deemed reliable but not guaranteed.

Consult your Slifer Smith & Frampton Broker for more information. ©2021 Slifer Smith & Frampton Real Estate

2020 SLIFER 2 0 2ANNUAL 0 A N N UA L S L I F E R R EREPORT PORT 23

LOCAL LOCAL

COMPANY, COMPANY,

GLOBAL GLOBAL

REACH. REACH. Slifer Smith & Frampton becomes founding member and partial owner of Forbes Global Properties.

Completely unique to the real estate industry, this elite network is backed by the world's most famous business media brand whose name says it all. SSF is one of the first firms in the world selected for this exclusive membership to a new consumer marketplace that connects buyers directly to the world's finest homes, as well as the brokers that represent them. Slifer Smith & Frampton Real Estate remains locally owned and operated, capitalizing on Forbes' worldwide reach of 140 million monthly global visitors.

We're proud to have joined an exceptional global brand that helps us continue our saying of "We're just getting started."

Find your dream home at Find your mountain dream at:

SliferDenver.com

VailRealEstate.com

Source of all data contained in this report is REColorado, Multiple Listing Service. Information is deemed reliable but not guaranteed.

Consult your Slifer Smith & Frampton Broker for more information. Š2021 Slifer Smith & Frampton Real Estate

2020 AN N UA LLOCAL SLIFER R EPO R T 50 years Helping people LIVE for over

24

MY NOTES

2 0 2 0 A N N UA L S L I F E R R E P O R T

25

YOUR ROCKY MOUNTAIN CORRIDOR REAL ESTATE CONNECTION.

Source of all data contained in this report is REColorado, Multiple Listing Service. Information is deemed reliable but not guaranteed.

Consult your Slifer Smith & Frampton Broker for more information. ©2021 Slifer Smith & Frampton Real Estate

2 0 2 0 A N N UA L S L I F E R R E P O R T

26

Home can take you anywhere.

Wherever your Colorado home awaits, a Slifer broker is never far away to find it for you.

SliferSmithandFrampton.com

Source of all data contained in this report is REColorado, Multiple Listing Service. Information is deemed reliable but not guaranteed.

Consult your Slifer Smith & Frampton Broker for more information. Š2021 Slifer Smith & Frampton Real Estate

2 0 2 0 A N N UA L S L I F E R R E P O R T

27

2020 | DE NVE R , COLOR ADO