Real Estate Blog - Denver Neighborhoods

February 2024: Denver Real Estate Market Update

In January, there was a substantial surge in new listings, marking an 89.3% increase compared to the previous month and a significant uptick of nearly 12% compared to the same period last year. Concurrently, demand experienced notable growth, evidenced by a 38% rise in pending listings compared to the previous month, slightly surpassing the levels observed at the beginning of 2023. The average and median prices for single-family homes remained at elevated levels, surpassing historical January data since 2019.

Informal reports suggest a shared anticipation among both buyers and sellers for potential drops in interest rates throughout 2024. This heightened interest is fueled by considerable pent-up demand within the market.

Demand - Pending…

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September 2023: Denver Real Estate Market Update

The trend we've observed over the past few months persisted into August. During this period, there was a decrease in new listings, active listings, and pending sales compared to the previous month and the same period last year. Many experts are now characterizing this situation for sellers as being trapped in a scenario often dubbed "golden handcuffs," where elevated interest rates are impeding homeowners from making a move.

New Listings

This data point remained below prior years. It declined slightly month-over-month and by 8.6% when compared to last year at this time.

Below is a chart showcasing August new listings from 2009 to date. Note that August 2023 listings are on-track with what we saw in 2009,…

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The Best Places to See Fireworks in Denver this Year

Fireworks are back this year in full force, and we can't wait! This year it will be extra awesome with several fireworks shows all across the Denver metro area (and Front range). With the 4th falling on a Monday this year, we've all weekend to enjoy BBQs, family, friends, and FIREWORKS! Go America!

With the holiday falling on a Monday this year, most of the more giant fireworks shows will be on Monday the 4th! Some trends to note this year, some shows have been canceled due to fire danger, so make sure to reference your favorite show to ensure they will have real fireworks. Some communities have gotten creative, replacing fireworks with laser shows (Winter Park) or LED drones (Vail). Most of these events start in the morning.

We've listed every…

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Top Places to Dine and Drink Outdoors this Spring in Denver

Rockies opening day, and rooftop bars - it's a Denver right of passage. And with so many fun places to hang out this Spring, how can you possibly choose just one? Denver is chock full of fun patios and rooftops to enjoy this gorgeous Spring weather. So get out there, bask in the sun with your favorite IPA in hand (you're in Colorado ya know) - and tell us below which hot spots we are missing.

Happy Camper - Don't worry, eat happy! If you ask us, the experts, there's not a better combination of pizza, booze, vibes, and happiness.

Linger - If you're not too creeped out by the fact that this was Olingers Mortuary before turning into a hip restaurant, you'll enjoy some tremendous views and fine Asian street-style food.

Avanti Food &…

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City Highlight: Castle Rock

When most people think of Colorado cities, Denver comes to mind.  Our ski towns get a lot of hype as well.  Most people have heard of Vail and Aspen.  This article is the first in a series about some of the more subtle towns around Denver.  Not everyone loves this big city lifestyle and that’s ok.  We have great cities in the front range with loads of charm and hidden gems. 

This week’s feature is Castle Rock.  It is one of the fastest-growing cities in Colorado.  The population is approximately 62,276 which is up almost 30% from the 2010 census.  Located 28 miles south of Denver and 37 miles north of Colorado Springs Castle Rock is the home to commuters from both cities.  Other than its central location, Castle Rock has a lot to offer.

Castle…

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Five Step Strategy for Downsizing Your Denver Home This Year

In our “bigger is better” culture, there’s an expectation that each home should be larger and grander than the last. But life changes like divorce, kids leaving for college, or even the simple act of growing older can prompt us to find a smaller home that better suits our shifting needs and lifestyle. Maybe you are looking for something smaller, or just looking for something the "right-size." Or perhaps you just need a different floorplan like a Ranch or something with less maintenance like a Denver Patio Home.

In fact, the advantages of downsizing are being increasingly recognized. A “tiny house movement” has gained passionate advocates who appreciate the benefits of living simply at any age and stage of life. Not only does a smaller home…

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101 Reasons to Fall in Love with Denver

Well, the secret is out. It seems like everyone loves Denver these days. At least everyone is moving here (Denver is a top 5 Real Estate market in the US). So, if you haven't fallen in love with Denver yet, here are 101 reasons why you should. And when you finally decide to make that move to the Mile High City, give the top-rated Denver real estate agents a call.

1.        Voodoo Doughnuts (and the world-famous bacon maple bar)
2.        Is there a better place to live during a pandemic? It is an outdoor haven, and there’s something about that fresh Mtn air that just makes things feel better.
3.        Washington Park on a summer's day
4.        The best place in the world to see a concert is, Red Rocks Amphitheater
5.        Whitewater rafting is…

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Take a Tour of the 2022 Mighty Millions Raffle Home in Montane

The last true Parade of Homes in Denver was in Solterra back in 2008. Since then, it's really been used to showcase different new build communities and the model homes for each. Are you looking for an actual Parade of Homes type experience? Look no further than the Mighty Millions raffle home for 2022. The home is located in Montane, an enclave of luxury homes near Red Rocks in Morrison.

The advertised value of this year's home is 2.5M (but I think it would be seller closer to 3.5M). It's a custom home built by Ades Design and includes many of the over-the-top design elements usually reserved for Parade of Homes.

This custom luxury home in Montane includes:

• Over 7,000 sq. ft. of fully furnished, professionally decorated living space
• 6…

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The River Mile in Denver, Development Update

The River Mile

The next great place in the evolution of Denver. Located along a mile of the South Platte River, it’s envisioned as a sustainable, walkable downtown neighborhood. It will feature state-of-the-art residences for everyone – with public parks and promenades, a new elementary school, and a variety of shopping, dining, entertainment, and cultural destinations essential for family life in the city. Build-to-suit workspaces will range from business incubators to regional corporate headquarters. And public transit will be facilitated by two light rail stations. This is truly a one-of-a-kind project – the largest in downtown Denver – spanning 62 acres and expected to take up to 25 years to complete. Restoration of the river is now underway.…

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One Perfect Day in LoHi

LoHi is short for the "Lower Highlands" neighborhood located just west of the central downtown area. Technically speaking, it's the neighborhood that is sandwiched between LoDo and the Highlands, or for those who are more familiar with the streets of Denver, the area that extends south of Platte Street, across I-25 and blends into 32nd Street. 

LoHi has quickly become your Denver destination for some of the best restaurants and bars in the city. The overall vibe is more San Francisco than Denver, and the area's hills certainly add to that feel. Those hills also lend to some of the best views of the Downtown area you will find anywhere.

 Photo courtesy of Linger Facebook page

LoHi has been a significant focus for new development,…

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