Helping you buy or sell your DENVER home
Helping you buy or sell your DENVER home
EVERYONE THRIVES WHEN THEY FEEL AT HOME
MARTIN@LIVELAUGHDENVER.COM
303-868-1011
CO License #049208
Live. Laugh. Denver Real Estate Group
2405 E 28th Ave Denver CO 80205
livelaughdenver.com 720-663-0022
Buying a home
Denver's real estate market offers a diverse range of options to suit various preferences and budgets, from chic downtown units with breathtaking city views to cozy neighborhoods nestled among lush parks.
Whether you're drawn to the cultural offerings of downtown Denver, the historic charm of Capitol Hill, or the upscale amenities of Cherry Creek, acquiring a home in this thriving city means embracing a dynamic lifestyle and enjoying the convenience of urban living, all while being within reach of Colorado's picturesque landscapes and outdoor adventures.
Selling a Home
Selling a home in Denver can be a rewarding experience given the city's strong real estate market and desirable urban lifestyle. Denver's diverse neighborhoods offer a range of options, from historic districts to modern high-rises, making it an attractive destination for potential buyers. To maximize your home’s market appeal, it's crucial to collaborate with an experienced real estate agent who specializes in the Denver area and understands the unique dynamics of the market. Pricing your home competitively, staging it effectively, and marketing it strategically are key components of a successful sale. Whether you're looking to upgrade, downsize, or relocate, selling a home in Denver presents a wealth of opportunities in this thriving metropolitan area.
Condo Chronicle
May Stats - City and County of Denver
May | Denver Metro | Denver C&C | CBD (Downtown) | Cap Hill | Cheesman | Congress | Cherry Creek | LoDo (Union Stn) | Civic Center (Golden Triangle) | Hale | Speer | Uptown |
New Listings | 1,801 | 337 | 16 | 27 | 17 | 8 | 6 | 32 | 7 | 12 | 14 | 7 |
Pending | 1,026 | 147 | 3 | 9 | 5 | 4 | 3 | 4 | 3 | 2 | 5 | 3 |
Closed | 1,024 | 219 | 5 | 15 | 7 | 3 | 9 | 11 | 3 | 4 | 14 | 1 |
Closed Price Av | 461,601 | 481,976 | 1,563,200 | 363,653 | 554,429 | 270,833 | 1,178,611 | 733,727 | 451,000 | 332,500 | 357,929 | |
Closed Med | 407,250 | 373,000 | 851,000 | 341,000 | 345,000 | 255,000 | 1,200,000 | 697,500 | 469,000 | 325,000 | 339,000 | |
DOM Average | 31 | 39 | 86 | 39 | 14 | 37 | 61 | 32 | 33 | 33 | 34 | |
DOM Median | 14 | 19 | 72 | 28 | 8 | 40 | 39 | 23 | 48 | 34 | 33 | |
CP/LP Ratio | 99.21% | 99.20% | 100% | 100% | 99.54% | 100% | 98.08% | 100% | 96.70% | 101% | 99.22% |
- New Listings were up in May 2024 by 20% month over month.
- Median closed prive went up month over month by $2,500 to $373k.
- Average days on market in Denver went up from 37 to 39.
- Highest average days on market - downtown LoDo at 86 (down from 104 precious month).
- Median days on market for the City and COunty of Denver was 19. Cheesman Park was the only high density condo neighborhood that came in lower at 8 days! All the others are higher.
- If you are selling a condo - be patient - it will likely be on the market longer.
- Almost all high density neighborhoods have a 99% or above list price to close price ratio.