The 3rd Quarter Micro Market Reports are out and what a year we’ve had. Very interesting data in this report on most of the major neighborhoods in Denver. Please check it out and call me with questions at 720.203.9624. Below is the link to the report. I typically bring this to my listing presentations and its a common topic of discussion.
http://www.coloradorealestatediary.com/micro-market-real-estate-reports/
I’ll post a quick overview of Denver and other areas I’ve sold real estate in this year. This just shows the appreciation for each neighborhood by comparing sales through the 3rd quarter of 2013, to that of the same period in 2012. I also list the Days on Market through the 3rd quarter of 2013, and compare the change to the same period in 2012. Hope this helps.
Todd Groth – 720.203.9624 and [email protected] – http://www.grothproperties.com
| Area | Appreciation | DOM | Change in DOM |
| Denver Metro | 9.80% | 51 | -35.40% |
| Castle Pines North | 15.60% | 51 | -37.00% |
| Bonnie Brae | 26.90% | 33 | -69.70% |
| Cherry Hills Village (under 1 acre) | -7.90% | 90 | -49.20% |
| Greenwood Village East | 15.90% | 77 | -26.70% |
| The Highlands | 8.00% | 35 | -63.50% |
| Highlands Ranch | 6.40% | 28 | -51.70% |
| Observatory Park | 2.40% | 76 | -32.70% |
| Pradera | 11.00% | 80 | -31.00% |
| Park Hill | 13.80% | 29 | -49.10% |
| Southern Hills | 17.20% | 40 | -11.10% |
| Wahington Park East | 18.50% | 40 | -40.00% |