year end 2011 www.coloradomicroreports.com
NEIGHBORHOODS 1. Denver (City) 2. Belmar 3 3. Berkeley 39 4. Bonnie Brae / Belcaro 34 5. Bow Mar/Bow Mar South 25 6. Castle Pines North 7. Castle Pines Village 8. Cherry Creek North 2 9. Cherry Creek South/East 10. Cherry Hills Village 11. City Park 12. City Park South 13. Columbine Valley 14. Congress Park 15. Country Club 16. Crestmoor 17. Downtown (Condo) 18. Greenwood Village East 19. Greenwood Village West 20. Hale Mayfair 21. Highlands Ranch 22. Hilltop 23. Ken Caryl North Ranch 24. Ken Caryl Valley 25. LoHi 26. Lone Tree 32 27. Lowry 28. Montclair 29. Observatory Park 30. Park Hill 31. Platt Park 32. Polo Reserve 33. Pradera and Timbers 34. Sloan s Lake 35. Southern Hills 36. Stapleton 37. Washington Park East 38. Washington Park West 39. West Highlands 17 1 36 11 12 30 14 20 28 15 8 9 22 16 27 37 4 38 29 31 35 10 5 19 18 13 23 24 21 26 6 7 33
DENVER National According to a Fox Business News interview with OwnAmerica.com CEO Greg Rand, Denver s active lifestyle and peerless quality of life make it the nation s best place to invest in 2012. People from all corners of the nation are flocking to the Mile High City for the fresh mountain air, stimulating growth in the housing market. Unemployment rates and foreclosure rates in Denver are also much lower than the national average. Rand goes on to explain how investors can profit from Colorado real estate, particularly the residential housing market, which is booming due to skyrocketing rent prices and falling home ownership rates. Watch the complete interview by scanning this QR code. News Reports...Metro Denver as also including Boulder & Evergreen. Metro Denver home sales rose in 2011 The number of homes on the market in metro Denver last month was the fewest in more than a decade. Metro Denver home sales edged up slightly last year compared with 2010, even as prices dropped. Last year, 39,387 homes sold, up 1.5 percent from the 38,818 houses sold in 2010, according to an analysis of Metrolist data. The median sale price dropped 2.13 percent to $230,000 for the year, from $235,000 in 2010. Denver Metro All properties in the Denver Metrolist Listings put Under Contract...49,313... 47,373...-4% Sold listings (all properties)...38,818... 39,387... 1.5% Sold Single Family...30,777... 31,437... 2.1% Sold Condo... 8,041...7,950...-1.2 Average Days on Market... 92... 108... 15% Average Price... $257,000... $255,492...-.6% % Sold Price to List Price... 96%... 93%... -3.2% Year end active inventory (December)...18,257... 10,993...-39.8%
Denver (city) City of Denver Median Price... $206,000... $220,000... 6.8% Average Price... $276,526... $279,876... 1.2% Average Price per Square Foot... $180... $181... 0.6% Average Days on Market... 82...98...19.5% Highest Price... $5,700,000... $3,815,000...-33.1% Lowest Price... $24,000... $18,500...-22.9% Properties Sold... 7582...7445... -1.8% % Sold Price to Original List Price...91.81%... 92.28%... 0.5% Belmar (Townhome, Condo & Res) Kentucky to Alameda, Wadsworth to Pierce Median Price... $285,000... $238,500...-16.3% Average Price... $352,057... $243,877...-30.7% Average Price per Square Foot... $189... $160...-15.3% Average Days on Market... 300... 223...-25.7% Highest Price... $710,000... $357,000...-49.7% Lowest Price... $155,000... $148,000... -4.5% Properties Sold... 19... 22...15.8% % Sold Price to Original List Price... 81.90%... 89.84%... 9.7% Berkeley 38th to I-70, Sheridan to Federal Median Price... $269,450... $282,500... 4.8% Average Price... $287,924... $293,906... 2.1% Average Price per Square Foot... $238... $228... -4.2% Average Days on Market... 74... 223... 201.4% Highest Price... $725,000... $635,000...-12.4% Lowest Price... $70,000... $39,000...-44.3% Properties Sold... 168... 208...23.8% % Sold Price to Original List Price... 92.86%... 92.70%... -0.2%
Bonnie Brae / Belcaro Mississippi to Cherry Creek Drive South; University to Colorado Median Price... $572,500... $535,000... -6.6% Average Price... $764,825... $774,947... 1.3% Average Price per Square Foot... $318... $312... -1.9% Average Days on Market...116... 146...25.9% Highest Price... $5,700,000... $3,815,000...-33.1% Lowest Price... $275,000... $277,000... 0.7% Properties Sold... 74...74... 0.0% % Sold Price to Original List Price...90.86%... 86.41%... -4.9% Bow Mar/Bow Mar South Median Price... $695,000... $840,000...20.9% Average Price... $768,102... $916,326...19.3% Average Price per Square Foot... $248... $312...25.8% Average Days on Market...157... 261...66.2% Highest Price... $1,380,000... $2,298,000...66.5% Lowest Price... $225,000... $157,000...-30.2% Properties Sold... 20...25...25.0% % Sold Price to Original List Price...88.11%... 90.00%... 2.1% Castle Pines North Country Club Parkway to Coyote Ridge Park; Daniels Park to Yorkshire Median Price... $411,250... $400,000... -2.7% Average Price... $472,888... $438,044... -7.4% Average Price per Square Foot... $171... $161... -5.8% Average Days on Market...107... 121...13.1% Highest Price... $1,435,000... $1,100,000...-23.3% Lowest Price... $200,000... $198,000... -1.0% Properties Sold...136... 152...11.8% % Sold Price to Original List Price...91.69%... 92.31%... 0.7% Castle Pines Village US 85 & Copper Blush to Northwood; Daniels Park to Gate 5,Country Club to I-25 Median Price... $785,000... $740,000... -5.7% Average Price...$1,024,616... $908,483...-11.3% Average Price per Square Foot... $284... $252...-11.3% Average Days on Market...264... 291...10.2% Highest Price...$3,630,000... $3,150,000...-13.2% Lowest Price... $425,000... $250,000...-41.2% Properties Sold... 91...73...-19.8% % Sold Price to Original List Price...78.21%... 81.80%... 4.6%
Cherry Creek north (Townhome, Condo & Residential) York to Colorado, First to Sixth Median Price... $650,000... $650,000... 0.0% Average Price... $824,760... $794,898... -3.6% Average Price per Square Foot... $305... $310... 1.6% Average Days on Market...195... 134...-31.3% Highest Price... $3,290,000... $3,250,000... -1.2% Lowest Price... $160,000... $195,000...21.9% Properties Sold...101... 105... 4.0% % Sold Price to Original List Price...81.05%... 87.25%... 7.6% Cherry Creek East & south (Townhome, Condo & Res) University to Colorado, Alameda to First Median Price... $310,000... $310,000... 0.0% Average Price... $377,255... $362,864... -3.8% Average Price per Square Foot... $228... $219... -3.9% Average Days on Market...217... 207... -4.6% Highest Price... $1,500,000... $1,525,000... 1.7% Lowest Price... $104,900... $130,000...23.9% Properties Sold... 95...71...-25.3% % Sold Price to Original List Price...82.82%... 89.37%... 7.9% cherry hills village (under 1 acre) Clarkson to Monaco; Belleview to Hampden Median Price... $1,000,000... $850,000...-15.0% Average Price... $1,093,014... $1,122,109... 2.7% Average Price per Square Foot... $290... $268... -7.6% Average Days on Market...214... 171...-20.1% Highest Price... $3,650,000... $3,200,000...-12.3% Lowest Price... $564,000... $305,000...-45.9% Properties Sold... 27...53...96.3% % Sold Price to Original List Price...64.67%... 85.34%...32.0%
cherry hills village (over 1 acre) Clarkson to Monaco; Belleview to Hampden Median Price... $1,597,000... $1,225,000...-23.3% Average Price... $2,330,758... $1,797,270...-22.9% Average Price per Square Foot... $355... $311...-12.4% Average Days on Market...327... 173...-47.1% Highest Price... $7,000,000... $8,200,000...17.1% Lowest Price... $950,000... $650,000...-31.6% Properties Sold... 17...24...41.2% % Sold Price to Original List Price...60.90%... 76.43%...25.5% city park Downing to York; 18th to Martin Luther King Median Price... $249,500... $268,304... 7.5% Average Price... $255,727... $267,484... 4.6% Average Price per Square Foot... $189... $181... -4.2% Average Days on Market... 72...83...15.3% Highest Price... $605,000... $571,000... -5.6% Lowest Price... $98,000...$60,000...-38.8% Properties Sold...112... 117... 4.5% % Sold Price to Original List Price...97.23%... 93.76%... -3.6% city park South York to Colorado; Colfax to 17th Median Price... $378,000... $321,000...-15.1% Average Price... $371,469... $324,937...-12.5% Average Price per Square Foot... $254... $234... -7.9% Average Days on Market... 52...80...53.8% Highest Price... $695,000... $411,750...-40.8% Lowest Price... $167,750... $250,000...49.0% Properties Sold... 21...12...-42.9% % Sold Price to Original List Price...95.74%... 95.84%... 0.1% Columbine Valley South Polo Ridge Drive to West Bowles Ave, Platte Canyon Road to South Platte River Median Price... $730,000... $567,500...-22.3% Average Price... $853,229... $960,902...12.6% Average Price per Square Foot... $235... $220... -6.4% Average Days on Market...179... 151...-15.6% Highest Price... $1,355,000... $6,180,000... 356.1% Lowest Price... $434,100... $325,000...-25.1% Properties Sold... 17...22...29.4% % Sold Price to Original List Price...86.01%... 80.66%... -6.2%
congress park York to Colorado; Sixth to Colfax Median Price... $386,750... $389,000... 0.6% Average Price... $441,739... $408,696... -7.5% Average Price per Square Foot... $271... $268... -1.1% Average Days on Market... 65...88...35.4% Highest Price... $2,325,000... $1,085,000...-53.3% Lowest Price... $200,000... $111,500...-44.3% Properties Sold...108... 128...18.5% % Sold Price to Original List Price...93.76%... 92.06%... -1.8% country club First to Sixth; Downing to University. Fourth to Sixth; Race to University Median Price... $855,000... $740,000...-13.5% Average Price... $1,177,961... $1,018,802...-13.5% Average Price per Square Foot... $374... $356... -4.8% Average Days on Market...112... 125...11.6% Highest Price... $3,950,000... $3,000,000...-24.1% Lowest Price... $299,000... $255,000...-14.7% Properties Sold... 33...43...30.3% % Sold Price to Original List Price...87.61%... 88.71%... 1.3% crestmoor Holly to Monaco; First to Sixth Median Price... $637,000... $688,000... 8.0% Average Price... $721,734... $806,390...11.7% Average Price per Square Foot... $257... $277... 7.8% Average Days on Market... 93...79...-15.1% Highest Price... $1,750,000... $1,750,000... 0.0% Lowest Price... $325,000... $291,100...-10.4% Properties Sold... 26...22...-15.4% % Sold Price to Original List Price...85.41%... 90.75%... 6.3%
downtown (condo) Downtown Denver MLS Area Median Price... $302,528... $327,500... 8.3% Average Price... $397,964... $421,817... 6.0% Average Price per Square Foot... $281... $285... 1.4% Average Days on Market...185... 185... 0.0% Highest Price... $2,496,798... $2,300,000... -7.9% Lowest Price... $42,500... $41,500... -2.4% Properties Sold...263... 264... 0.4% % Sold Price to Original List Price...86.54%... 88.90%... 2.7% greenwood village east Caley to Belleview; I-25 to Dayton and Havana. Belleview to I-225; Yosemite to Dayton Median Price... $530,000... $512,500... -3.3% Average Price... $615,831... $555,003... -9.9% Average Price per Square Foot... $205... $206... 0.5% Average Days on Market...129... 112...-13.2% Highest Price... $1,623,370... $1,568,267... -3.4% Lowest Price... $223,000... $102,500...-54.0% Properties Sold... 73...65...-11.0% % Sold Price to Original List Price...89.74%... 93.71%... 4.4% Greenwood Village West (under 1 acre) Orchard to Belleview; Clarkson to I-25 Median Price...$1,075,000... $945,000...-12.1% Average Price...$1,140,598... $1,121,655... -1.7% Average Price per Square Foot... $285... $282... -1.1% Average Days on Market...196... 170...-13.3% Highest Price...$2,439,000... $3,650,000...49.7% Lowest Price... $425,000... $284,001...-33.2% Properties Sold... 38...44...15.8% % Sold Price to Original List Price...78.36%... 86.71%...10.7%
Greenwood Village West (over 1 acre) Orchard to Belleview; Clarkson to I-25 Median Price... $625,000... $920,000...47.2% Average Price... $877,800... $1,151,000...31.1% Average Price per Square Foot... $254... $256... 0.8% Average Days on Market...109... 216...98.2% Highest Price... $1,260,000... $2,250,000...78.6% Lowest Price... $575,000... $464,000...-19.3% Properties Sold...5...12... 140.0% % Sold Price to Original List Price...80.75%... 72.39%...-10.4% hale mayfair Colorado to Holly; Sixth to Colfax Median Price... $324,000... $318,000... -1.9% Average Price... $356,519... $347,421... -2.6% Average Price per Square Foot... $270... $246... -8.9% Average Days on Market... 84... 108...28.6% Highest Price... $1,135,000... $1,448,000...27.6% Lowest Price... $109,000... $118,000... 8.3% Properties Sold... 80...96...20.0% % Sold Price to Original List Price...91.16%... 90.96%... -0.2% highlands Ranch Daniels Park to County Line; Santa Fe to Quebec Median Price... $309,900... $309,392... -0.2% Average Price... $348,089... $340,580... -2.2% Average Price per Square Foot... $155... $150... -0.1% Average Days on Market... 83... 82... -1.2% Highest Price... $1,800,255... $1,400,000...-22.2% Lowest Price... $150,000...$56,900...-62.1% Properties Sold...1223... 1314... 7.4% % Sold Price to Original List Price... 94.15%... 94.34%... 0.2%
hilltop Alameda to Sixth; Colorado to Holly Median Price... $750,000... $736,850... -1.8% Average Price... $887,007... $849,546... -4.2% Average Price per Square Foot... $290... $278... -4.1% Average Days on Market...187... 162...-13.4% Highest Price... $2,350,000... $2,050,000...-12.8% Lowest Price... $276,000... $272,000... -1.4% Properties Sold... 71...83...16.9% % Sold Price to Original List Price...84.24%... 89.10%... 5.8% Ken-Caryl north Ranch approx: Red Fox Lane to North Ranch Road, Golden Eagle Lane to Blue Grouse Ridge Road Median Price... $740,000... $802,500... 8.4% Average Price... $722,953... $786,250... 8.8% Average Price per Square Foot... $199... $202... 1.5% Average Days on Market...113... 106... -6.2% Highest Price... $925,000... $1,115,000...20.5% Lowest Price... $535,000... $616,000...15.1% Properties Sold... 13... 8...-38.5% % Sold Price to Original List Price...89.50%... 87.94%... -1.7% Ken-Caryl VALLEY approx: Tamarade Drive to Manor House Road, Mountain High Court to West Ken Caryl Ave Median Price... $450,000... $495,000...10.0% Average Price... $479,892... $564,446...17.6% Average Price per Square Foot... $185... $195... 5.4% Average Days on Market...106... 102... -3.8% Highest Price... $1,260,000... $1,250,000... -0.8% Lowest Price... $238,875... $330,500...38.4% Properties Sold... 68...69... 1.5% % Sold Price to Original List Price...92.70%... 94.02%... 1.4% LoHi 15th to 38th, Tejon to I-25 Median Price... $277,100... $307,500...11.0% Average Price... $301,082... $323,126... 7.3% Average Price per Square Foot... $232... $239... 3.0% Average Days on Market... 86... 88... 2.3% Highest Price... $690,000... $1,000,000...44.9% Lowest Price... $70,000... $88,000...25.7% Properties Sold... 47... 73...55.3% % Sold Price to Original List Price... 89.37%... 94.81%... 6.1%
lone tree approx: South of Ridgegate parkway to Countyline, Peoria to Quebec Median Price... $405,000... $392,000... -3.2% Average Price... $520,670... $473,448... -9.1% Average Price per Square Foot... $162... $164... 1.2% Average Days on Market... 98... 108...10.2% Highest Price... $2,350,000... $1,570,000...-33.2% Lowest Price... $160,000... $225,000...40.6% Properties Sold... 49...63...28.6% % Sold Price to Original List Price...96.21%... 93.45%... -2.9% lowry Quebec to Unita; Alameda to 11th Median Price... $525,000... $480,000... -8.6% Average Price... $576,583... $532,299... -7.7% Average Price per Square Foot... $217... $213... -1.8% Average Days on Market...131... 107...-18.3% Highest Price... $1,525,000... $1,300,000...-14.8% Lowest Price... $148,397... $142,000... -4.3% Properties Sold... 69...57...-17.4% % Sold Price to Original List Price...92.17%... 94.10%... 2.1% montclair Holly to Quebec; Sixth to Colfax Median Price... $295,000... $280,000... -5.1% Average Price... $327,535... $305,750... -6.7% Average Price per Square Foot... $228... $230... 0.9% Average Days on Market...100... 118...18.0% Highest Price... $825,000... $779,000... -5.6% Lowest Price... $94,900... $115,000...21.2% Properties Sold...109... 118... 8.3% % Sold Price to Original List Price...91.80%... 90.71%... -1.2% observatory park University to Colorado; Evans to Yale Median Price... $714,600... $696,000... -2.6% Average Price... $663,828... $667,376... 0.5% Average Price per Square Foot... $259... $237... -8.5% Average Days on Market...135... 131... -3.0% Highest Price... $1,385,000... $1,498,000... 8.2% Lowest Price... $191,000... $209,000... 9.4% Properties Sold... 74...72... -2.7% % Sold Price to Original List Price...87.46%... 87.80%... 0.4%
park hill Colfax to 26th; Colorado to Quebec Median Price... $390,000... $392,500... 0.6% Average Price... $443,046... $443,819... 0.2% Average Price per Square Foot... $269... $278... 3.3% Average Days on Market... 80...84... 5.0% Highest Price... $1,500,000... $1,375,000... -8.3% Lowest Price... $111,500... $146,500...31.4% Properties Sold...177... 194... 9.6% % Sold Price to Original List Price...91.10%... 93.44%... 2.6% Platt park Broadway to Downing; Louisiana to Evans Median Price... $362,000... $350,000... -3.3% Average Price... $390,532... $386,403... -1.1% Average Price per Square Foot... $273... $276... 1.1% Average Days on Market... 84...63...-25.0% Highest Price... $810,000... $805,000... -0.6% Lowest Price... $135,000... $138,000... 2.2% Properties Sold...122... 118... -3.3% % Sold Price to Original List Price...91.84%... 94.62%... 3.0% Polo Reserve Median Price... $1,352,500... $1,645,000...21.6% Average Price... $1,410,000... $2,490,731...76.6% Average Price per Square Foot... $338... $302...-10.7% Average Days on Market...126... 212...68.3% Highest Price... $1,750,000... $6,180,000... 253.1% Lowest Price... $1,185,000... $940,000...-20.7% Properties Sold...4... 5...25.0% % Sold Price to Original List Price...82.29%... 74.36%... -9.6% Pradera and Timbers Pradera and Timbers Sub-divisions in Parker Median Price... $540,000... $526,375... -2.5% Average Price... $600,086... $594,554... -0.9% Average Price per Square Foot... $170... $171... 0.6% Average Days on Market...159... 173... 8.8% Highest Price... $1,800,000... $1,600,000...-11.1% Lowest Price... $204,900... $178,899...-12.7% Properties Sold...115... 124... 7.8% % Sold Price to Original List Price...87.07%... 88.63%... 1.8%
Sloan s Lake Colfax to 29th, Sheridan to Federal Median Price... $285,000... $289,750... 1.7% Average Price... $294,156... $294,455... 0.1% Average Price per Square Foot... $226... $224... -0.9% Average Days on Market... 72...82...13.9% Highest Price... $664,700... $762,488...14.7% Lowest Price... $64,900... $77,000...18.6% Properties Sold...176... 190... 8.0% % Sold Price to Original List Price...94.41%... 93.53%... -0.9% southern hills University to Colorado; Yale to Hampden January through June 2010 2011 % Change Median Price... $460,000... $497,500... 8.2% Average Price... $456,170... $479,277... 5.1% Average Price per Square Foot... $236... $230... -2.5% Average Days on Market... 73...78... 6.8% Highest Price... $925,000... $1,065,000...15.1% Lowest Price... $151,100... $130,000...-14.0% Properties Sold... 45...64...42.2% % Sold Price to Original List Price...93.07%... 93.47%... 0.4% stapleton Quebec to Havana; 23rd to 40th January through June 2010 2011 % Change Median Price... $411,427... $479,000...16.4% Average Price... $415,703... $499,060...20.1% Average Price per Square Foot... $194... $203... 4.4% Average Days on Market...116... 98.5...-15.1% Highest Price... $951,000... $1,127,803...18.6% Lowest Price... $59,000... $42,500...-28.0% Properties Sold...198... 222...12.1% % Sold Price to Original List Price...95.81%... 96.70%... 0.9% washington Park east Louisiana to Ellsworth; Downing to University Median Price... $521,500... $535,000... 2.6% Average Price... $609,261... $615,777... 1.1% Average Price per Square Foot... $360... $367... 1.9% Average Days on Market... 94...87... -7.4% Highest Price... $2,123,293... $1,760,000...-17.1% Lowest Price... $250,000... $245,000... -2.0% Properties Sold...133... 127... -4.5% % Sold Price to Original List Price...92.11%... 93.48%... 1.5%
washington park west Louisiana to Ellsworth; Broadway to Downing January through September 2010 2011 % Change Median Price... $363,750... $368,000... 1.2% Average Price... $384,279... $382,992... -0.3% Average Price per Square Foot... $280... $274... -2.1% Average Days on Market... 91...92... 1.1% Highest Price... $1,007,500... $744,000...-26.2% Lowest Price... $120,000... $135,000...12.5% Properties Sold...181... 199... 9.9% % Sold Price to Original List Price...92.40%... 92.90%... 0.5% West Highlands 29th to 38th, Sheridan to Federal January through September 2010 2011 % Change Median Price... $315,000... $347,650...10.4% Average Price... $334,321... $364,552... 9.0% Average Price per Square Foot... $268... $277... 3.4% Average Days on Market... 75...75... 0.0% Highest Price... $645,000... $770,500...19.5% Lowest Price... $105,000... $89,900...-14.4% Properties Sold...187... 194... 3.7% % Sold Price to Original List Price...93.83%... 94.64%... 0.9%
Local Colorado Real Estate Experts Denver Tech Center 8400 E. Crescent Parkway, Suite 300 Greenwood Village, CO 80111 303.893.3200 vail valley 26 Avondale Lane, #119 Beaver Creek, CO 81620 970.748.5100 Evergreen 32156 Castle Court, Suite 201 Evergreen, CO 80439 303.674.3200 Castle Pines Village 858 Happy Canyon Road, Suite 100 Castle Rock, CO 80108 303.660.8800 Cherry Creek 3033 E. 1st Avenue, Suite 500 Denver, CO 80206 303.893.3200 denver downtown 1512 Larimer Street,#46R Denver, CO, 80202 303.893.3200 Boulder 1500 28th Street Boulder, CO 80303 303.443.6161 Cherry Creek shopping center 3000 East 1st Avenue Denver, CO 80206 303.893.3200