Denver’s Hottest Neighborhoods 2015

Denver's Hottest Neighborhoods

The annual pace of rising home values is 5% nationally, but Denver averaged a year over year rise in value of 11.4%. Here is a list of Denver’s hottest neighborhoods which have seen the largest gains in value since 2013.

West Colfax

This West Denver neighborhood spans from Sport’s Authority Field to Sheridan, and Sloan’s Lake Park to Lakewood Dry Gulch.
Median sales price in 2015: $427,500
Number of homes sold in 2015: 174
Average number of days a listing remained on the market: 53
Rise in median sales price since 2013: 45.6%

Northeast Park Hill

This Northeast Denver neighborhood spans from Quebec to Colorado Blvd, and Martin Luther King Blvd to north of I-70.
Median sales price in 2015: $287,000
Number of homes sold in 2015: 147
Average number of days a listing remained on the market: 19
Rise in median sales price since 2013: 30.3%

Athmar Park

This Southwest Denver neighborhood spans from I-25 to Federal, and Alameda to Mississippi Ave.
Median sales price in 2015: $246,000
Number of homes sold in 2015: 118
Average number of days a listing remained on the market: 9
Rise in median sales price since 2013: 32.8%

Mar Lee

This Southwest Denver neighborhood spans from Federal to Sheridan, and Mississippi to Jewell Ave.
Median sales price in 2015: $226,000
Number of homes sold in 2015: 159
Average number of days a listing remained on the market: 11
Rise in median sales price since 2013: 31.8%

Ruby Hill

This Southwest Denver neighborhood spans from the South Platte river to Federal, and Mississippi to Jewell Ave.
Median sales price in 2015: $225,000
Number of homes sold in 2015: 106
Average number of days a listing remained on the market: 12
Rise in median sales price since 2013: 31.2%

Westwood

This Southwest Denver neighborhood spans from Sheridan to Federal, and Alameda to Mississippi Ave.
Median sales price in 2015: $195,000
Number of homes sold in 2015: 119
Average number of days a listing remained on the market: 17
Rise in median sales price since 2013: 33.3%

Windsor

This Southeast Denver neighborhood spans from Quebec to Havana, and Alameda to Mississippi Ave.
Median sales price in 2015: $145,000
Number of homes sold in 2015: 329
Average number of days a listing remained on the market: 15
Rise in median sales price since 2013: 32.4%

 

Denver’s hottest neighborhoods also include the following which have seen over a 30% rise in median sales prices since 2013: Cole, Elyria Swansea, Globeville, Barnum, South Platte, Overland and Valverde.

Denver's Hottest Neighborhoods

 


Denver information and statistics gathered from Metrolist, Inc. REColorado’s MLS powered by Matrix.
National information and statistics gathered from Corelogic HomePrice Index.

January 2016 Real Estate Statistics

January 2016 Real Estate Statistics

A Look at January 2016 Real Estate Statistics in Denver

The January 2016 Real Estate Statistics show a strong start to the 2016 Denver real estate market. Median sales prices are up as well as the number of new listings available to potential buyers. Winter weather that brought lots of snow to the Denver metro area may have kept homes on the market for slightly longer than we saw in December but this will likely change as we head into spring. With a decreased inventory and many buyers still on the search for a new home, the market remains competitive. Average 30 year fixed-rate mortgage rates decreased slightly to 3.87% but are expected to rise throughout 2016.  These January 2016 real estate statistics show a large increase in the listing price per square feet which could mean that real estate professionals are anticipating another busy spring with homes in high demand here in Denver.

Denver Real Estate Statistics January 2016

Denver Metro Real Estate Statistics 2015

Denver Metro Real Estate Statistics 2015

A Look Back At The Denver Market in 2015

The Denver metro real estate statistics for 2015 show strong growth in the real estate market. Home values were on the rise as reflected in the median sales price of $310,000, up 12% from 2014. Interest rates remained low, inventory increased slightly, and demand remained strong for residential single family homes and condos in the Denver Metro area. A continued rise in home values is expected in 2016 with inventory still much lower than the demand as shown by shorter listing periods often with properties selling the first day with multiple offers.

Denver Metro Real Estate Statistics 2015