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. 

New To Site
MLS# 8233014
Active (List Price)
4504 Clay St
Denver, CO 80211
4 BR | 3 BA | 1,942 Sqft | Detached Single Family
Incredible opportunity to own a completely renovated (down to the studs) 4 bedroom, 3 bathroom modern finished bungalow in the heart of Sunnyside in Denver. The beautiful western facing home sits on a corner lot with a 3 car garage and fenc (more…)
Proform, Inc
New To Site
MLS# 8213069
Active (List Price)
214 W 2nd Ave
Denver, CO 80223
4 BR | 3 BA | 2,550 Sqft | Detached Single Family
Modern convenience meets classic charm in this stunning Baker Victorian. Ideal for entertaining this home features an open floor plan with a gourmet kitchen that includes a Wolf 60” range with french side burner and 42” subzero (more…)
Porchlight Real Estate Group
New To Site
MLS# 6864553
Active (List Price)
2313 S Juniper Way
Denver, CO 80228
4 BR | 3 BA | 3,149 Sqft | Detached Single Family
Impeccable Solterra patio home brimming with upgrades from it’s gleaming hardwoods to it’s soaring vaulted ceilings that welcome in fresh light throughout the day! Meticulously maintained with an open floorplan that’s purposefully designed, (more…)
LIV Sotheby’s International Realty
New To Site
MLS# 3660229
Active (List Price)
900 S Monroe St
Denver, CO 80209
5 BR | 3 BA | 4,091 Sqft | Detached Single Family
Pristinely situated on one of the most beautiful settings in Belcaro is a perfectly maintained ranch with open floorplan where an abundance of natural light dances throughout the home. Rooms are spacious and airy as they flow one into anoth (more…)
New To Site
MLS# 3609302
Active (List Price)
357 Jackson St
Denver, CO 80206
3 BR | 4 BA | 3,418 Sqft | Attached Single Family
Those in the know prefer this tranquil block just a few blocks to downtown Cherry Creek North. Light traffic and few parked cars mean you can embrace your gorgeous garden and romantic patio. Updated with the modern owner in mind, this s (more…)
Your Castle Realty LLC
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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: September 20, 2019 12:00 MST Service by Buying Buddy IDX CRM

Denver Foothills Spring Outlook 9
Orson Hill Realty
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