Ask any real estate agent in the Denver Foothills and they will tell you the same thing, it has been a crazy couple years but things seem to be calming a bit. There has even been some chatter about a buyers market. Those two words have not been put together in the the Denver and foothills area in few years.

 

Denver Foothills Spring Outlook 1

 

Looking above at the number of active listings, you would think the sellers still have control. Well the homes are selling as fast as they are coming on the market. The last couple weeks we have seen some net positive gains in inventory but nothing huge. This is also a somewhat seasonal trend downward as well. A lot of Realtors in Evergreen and the Denver area like to say we don’t really have seasonal trends but the numbers indicate a different story. Behind the actual data, the stuff they don;t really put into charts, such as multiple offers or crazy seller contingencies. Those of us real estate brokers here on the ground know things are shifting to favor the buyer more. Again it is too early to really say it is buyers market, After all buyers and sellers need to kind of agree that market is shifting. Sellers are really trying to hold onto control. There are still some sellers that believe it is a sellers market. Putting their home on the market way over priced, setting up unreasonable showing windows and not budging off their price on an offer.

Denver Foothills Spring Outlook 2

 

Looking at the DOM and sale price chart to the left we are seeing a pretty steady hold on the average sale price in Evergreen, Conifer, Morrison and Golden. The blue bar represent the actual closed price. We have had a few dips under $600,000 but for the most part staying steady and seem to be holding value. Even through the winter months. We have seen (not shown on the chart) the Denver home values contract for the first time in years last quarter. The green line on the chart represents days on market as an average. You can see it climb pretty steadily from August to January. Not sure the huge dip February there is really no reason for that and as a whole the market did not feel a surge that represents. I think there was not enough data to pull for our partial month to give a data point. Average days on market is one of the best indicators for how a market is doing and a precursor to the direction of the market and direction that value might be heading. We still have a healthy DOM average for most of the area. 

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$950,000
MLS# 2759412
Active (List Price)
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3 BR | 3 BA | 4,637 Sqft | Detached Single Family
You will not want to miss this chance for peaceful mountain living conveniently located less than 30 minutes from Boulder and Golden! This beautiful 3-bed, 3-bath custom mountain home sits on ~2 acres just 12 minutes up Coal Creek Canyon. T (more…)
CENTURY 21 GOLDEN WEST REALTY
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$985,000
MLS# 7160400
Active (List Price)
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4 BR | 4 BA | 2,889 Sqft | Attached Single Family
Broker / Owner. Amazing location, on a half block in Wash Park and minutes from Cherry Creek North and South Broadway! This immaculate modern 3 story 1 / 2 duplex is an urban dream home, perfect for entertaining! Enjoy the open floor p (more…)
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Rare secluded corner townhouse in Cherry Creek with gorgeous mountain views from an extra-large private rooftop! The entire like-new house is upgraded with stylish designer accents throughout, unique lighting, etc. The owners were lucky e (more…)
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$2,100,000
MLS# 9309403
Active (List Price)
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5 BR | 6 BA | 6,180 Sqft | Detached Single Family
This exquisite Colorado Rustic home is the epitome of style and quality. Built to LEEDS energy efficiency standards, its spectacular architectural design and artistically unique appointments won it the 2009 Parade of Homes recognition that (more…)
KENTWOOD REAL ESTATE DTC, LLC
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4 BR | 3 BA | 2,646 Sqft | Detached Single Family
LOTS OF POSSIBILITIES!!! CLASSIC 2646 square feet 2-story Farmhouse sitting on 1.1 acres – zoned A-2 and located in FAIRMOUNT. On the main floor is the living room plus a DEN, dining room, huge country kitchen and mud room with a full bath. (more…)
RE/MAX 100 INC.
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Denver Foothills Spring Outlook 8 The content relating to real estate for sale in this Web site comes in part from the Internet Data eXchange (IDX) program of METROLIST, INC., DBA RECOLORADO © Real estate listings held by brokers other than Orson Hill Realty are marked with the IDX Logo. This information is being provided for the consumer’s personal, non-commercial use and may not be used for any other purpose. All information subject to change and should be independently verified. See Disclaimer Listing Data last updated: July 16, 2019 00:00 MST Service by Buying Buddy IDX CRM

Denver Foothills Spring Outlook 9
Orson Hill Realty
Orson Hill Realty
A Real Estate Company That Puts Clients First
https://orsonhillrealty.com
Phone:
303-835-9895
A Different Kind of Real Estate Company 
Denver Foothills Spring Outlook 10 Denver Foothills Spring Outlook 11
Denver Foothills Spring Outlook 12
Danny Skelly
Orson Hill Realty
Owner/Employing Broker (Buyer and Seller Agent)
Realtor
Phone:
303-835-9895
A different kind of Realtor 
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