1900’s Denver brownstone with over 2000 sf offers an open main living area with original details. The fully restored wood windows, banister details, original hardwoods and tall ceilings capture the history and charm that Denver has to offer. The large windows and skylight shower the home with natural light. Enjoy quiet, as the walls are brick and very thick. The basement has a second entrance, so you can use it as a den or as a rental or mother-in-law suite. The neighbors are a delight and are passionate about community! Enjoy all that Denver and Uptown have to offer, with access to theaters, museums, shopping and dining! Downtown Denver is less than 5 minutes away- so you’ll never miss a beat.
August, in the Denver Metro Area once again had a low active inventory for buyers to view. Activity though in the metro area proved to be on the up, as sold single family homes and condos were up compared to July. Interestingly, the average and median sold prices for single family homes were down from July, giving buyers a bit of relief from having to offer over-listed price. Condos average and median sold prices were up and prove strong from prior month and year-over-year! Click on the image below, to view the FULL report from DMAR…..
Stunning Estate home with ample upgrades and designer finishes which distinguishes itself from other homes in the neighborhood! Main level and basement have been extended out by 6′, garage has been extended out by 4′. Master-craft cabinetry throughout, amazing pictures windows in the great room allow lots of Colorado sunlight to warm the open space. 6,323 finished sq.ft. allows plenty of living and entertaining space. For an amazing viewing experience: http://ow.ly/vl9w302hEGB
Sarah touches on the increased growth of the median sold home price in Denver. Is this steady increase cause of concern for Denver’s housing market? Chief economist with the National Association of Realtors, discusses key elements in the makeup of a housing bubble and thoughts of when it may pop in Denver.
Denver post article: http://www.denverpost.com/business/ci…
April 2016 House Market Stats via Realtor
C.A.R.’s April 2016 market stats have been published. Look what the market is doing!!! I can agree, that the market is a very interesting one to say the least.
What do you think? Are you surprised by the published data?
Denver Real Estate 2016 Trends
“Last year, there was a recorded 65,872 new listings, up six percent year-over-year (YOY),
Days on Market were at 31 (down 18 percent YOY), average home price was $363,143 (up 12 percent YOY), and median home price was $314,000 (up 14 percent YOY).
Month-over-month, digging into the December MLS housing stats, 2,275 new listings came on the market, down 33 percent; 2,766 homes were placed under contract, down 31 percent; and 4,170 homes sold and closed, up 15 percent from the previous month. December closed out with 4,384 active listings, representing a 23 percent decrease in inventory over November, but 0.67 percent more – or 29 total – properties than December 2014. The total sales volume jumped 18.5 percent to $1.56 billion from the previous month.
Notably, since 1985, Denver-area has averaged 13,869 active listings in December. The high-water mark was 24,603 listings in 2007 and the record low-point was 4,355 in 2014.
The single-family market, month-over-month, had a sharp drop of 31 percent in new listings or four percent fewer new listings than December 2014. The average and median sold prices ticked upward from the previous month with increases of four percent to $414,472 and one percent to $347,000 respectively.
The condo market showed the supply of new listings dropped 36 percent over the previous month to 646, while the average sold prices remained relatively unchanged with a 0.47 percent increase to $278,656 and 0.45 percent decrease to $223,000.” – Reports DMAR
HERE IS THE FULL DETAILED REPORT: 2016 Trends
Denver Neighborhoods – Observatory Park
Observatory Park offers the charm of a college town, the convenience of a central location and the serenity of a traditional neighborhood where lovely historic homes and mature shade trees line the picturesque streets. With Denver University being one of the main focal points of Observatory Park you will find this to be a vibrant neighborhood. The newly streamlined I-25 corridor and Light Rail whisks commuters to Downtown, the Central Platte Valley, Denver Tech Center (DTC) and Park Meadows Mall. University Blvd, Colorado Blvd and Yale Ave speed residents on their way, but many opt for a quiet stroll to one of the area’s many delightful cafes, coffee bars, restaurants, convenience food outlets and a myriad of retail stores.
Reminiscent of old-world villages, the quaint shopping districts at Old South Gaylord and South Pearl Street, offer bookshops, galleries, boutiques and restaurants. At University HIlls Plaza, Chez Artiste, showcases the finest independent films and foreign language cinema. For firstrun features, there is the Colorado Center Stadium 9 at Colorado and I-25 next door to Dave and Buster’s arcade and Restaurant. Steeped in Denver history, Observatory Park, a family oriented neighborhood with a dash of spice offers a zesty blend of modern and traditional lifestyles and architecture.
25 Minutes to DownTown
16 Minutes to Shopping Cherry Creek Mall
10 Minutes to I-25
Closest Grocery Store is Natural Grocers
Walk Score: 59
Bike Score: 86
Postal Zip Code: 80209
Denver Neighborhoods – Montclair
The connection between the infamous “Red Baron” of World War I and the Montclair neighborhood can be found in Baron Manfred von Richthofen — he was the uncle of the “Red Baron” and the father of Montclair! Richthofen arrived to Colorado from Germany in 1877. A man of many interests, he started the Downtown Denver Real Estate Company in 1881, was a novelist, and was also a founding member of the Denver Chamber of Commerce. With Matthias P. Cochrane, Richthofen established the Montclair Town and Improvement Company in 1885. Though promoted as a healthy place to live, away from the smoke and fumes of the city, the Montclair neighborhood was not drawing residents.
To demonstrate the wonderful quality of life there the Baron decided to build a castle of his own at 12th and Olive. He had the Montclair ditch created, which was the lateral of the Highline Canal, eventually flowing into Montclair Park. The water supply enable many flowers, trees, and shrubs to be planted and thrive where the land had previously been essentially barren. In 1890, the Baron platted his own addition to Montclair and the building continued. With the Colorado Women’s College (1890) and the Fairmount Cemetery (1890), as well as the increasingly well-known reputation as a community for people suffering from lung-related illnesses, Montclair thrived. It was also home to the National Jewish Hospital and Agnes Memorial Sanatorium, one of the largest tuberculosis treatment centers in Colorado.
23 Minutes to DownTown
13 Minutes to Shopping Cherry Creek Mall
17 Minutes to I-25
Closest Grocery Store is Safeway
Walk Score: 56
Bike Score: 73
Postal Zip Code: 80220