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.

 

 

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.

 

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. 

Start of list of properties

New – today
39
1830 Julian Street
Denver, CO 80204
$959,000
For Sale
3
Beds
3
Baths
1,846
square feet,
This exciting and rare End Unit with panoramic mountain view is only 3 blocks to Sloans Lake, Mile High Stadium. The 4-level home… (more)
# 3685283
Liv Sotheby’s International Realty
$959,000
For Sale
Residential
0 days on this site
Apr 20th, 12:00PM to 2:00PM
Open House Apr 20th
34
1299 N Gilpin Street, #5W
Denver, CO 80218
$1.285m
For Sale
2
Beds
3
Baths
2,059
square feet,
An Elevated Lifestyle Park Towers — w/its landmark architecture, is one of Denvers premier, finest, coveted, luxurious high … (more)
# 4332493
Kentwood Real Estate Cherry Creek
$1,285,000
For Sale
Residential
0 days on this site
New – today
40
411 Cook Street
Denver, CO 80206
$6.25m
For Sale
4
Beds
7
Baths
8,333
square feet,
Luxurious modernity is showcased through an extensive and recent interior remodel in this pristine residence with abundant south +… (more)
# 3129852
Milehimodern
$6,250,000
For Sale
Residential
0 days on this site
New – today
48
4456 Stuart Street
Denver, CO 80212
$1.7m
For Sale
5
Beds
5
Baths
4,000
square feet,
Main House totally remodeled and new ADU! RARE FIND IN IDEAL LOCATION! Nestled just a block away from hotspot shopping and dining… (more)
# 6641851
Liv Sotheby’s International Realty
$1,700,000
For Sale
Residential Income
0 days on this site
New – today
12
Address on request
Contact agent
$1.2m
For Sale
6
Beds
4
Baths
4,425
square feet,
1025 N Clarkson is a well located 4 unit perfect for an owner occupant or first time buyer. These units boast oversized floorplans… (more)
# 8386191
Northpeak Commercial Advisors, LLC
$1,200,000
For Sale
Residential Income
0 days on this site
Listings courtesy of REcolorado as distributed by MLS GRID IDX information is provided exclusively for consumers’ personal non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by MLS GRID. Based on information submitted to the MLS GRID as of 04/15/2024 10:01 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS.
Listing Data last updated: 04/15/2024 10:01 AM
Equal Housing Opportunity
Service by Buying Buddy® IDX CRM
Copyright © 2003 – 2024 Buying Buddy. All rights reserved.

Photo of Orson Hill Realty

Orson Hill Realty

A Real Estate Company That Puts Clients First

https://orsonhillrealty.com

A Different Kind of Real Estate Company
Orson Hill Realty
Photo of Danny Skelly

Danny Skelly

Owner/Employing Broker (Buyer and Seller Agent)

Realtor

A different kind of Realtor
Orson Hill Realty