Monthly Archives: November 2004

Builders offer better value at Year End Sales!

If you’re new here, you may want to subscribe to my RSS feed. Thanks for visiting!Denver metro builders have done a very good job of gauging the need of the market.  We are under stocked (as per the national average) for new home inventory. 

Still there are new homes that are existing inventory homebuilders want [...]

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Denver Real Estate Market Update - November 2004

Metro Denver Prices:

Single Family Average Price:span
Nov. 2004 - $290,366

(Detached Dwelling)
Oct. 2004 - $289,983

Nov. 2003 - $283,517

Condo Average Price
Nov. 2004 - $182,676

Oct. 2004 - $185,804

Nov. 2003 - $175,292

Combined Average Price
Nov. 2004 - $265,795

Oct. 2004 - $265,834

Nov. 2003 - $258,532

Percent of Sales Price Change: (from Nov. 2003 to Nov. 2004)

Single Family
+2.42%

Condo
+2.07%

Average
+2.81%

Total Combined Number of Homes for [...]

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Denver Realtor Offers Extra Services to Homebuyers

Statistics show that 78% of homebuyers start their home search on the Internet. The availability of homes on the Internet and the ease of searching has been an exciting plus for many.

Now to add to the convenience, Kristal Kraft of The Berkshire Group, Realtors has added My Buying Buddy feature for her customers.MBB is [...]

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Optimism prevails in Denver Real Estate

November statistics are coming in looking better than they have in awhile. November saw the largest number of homes sold; 2,731 houses sold in 2004 vs. 2,074. The years to date numbers are ahead by 11.8% for properties sold in Denver metro market.

Average prices are above last year; Single Family (detached) this year are $289,891 [...]

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Denver Hospitality Expands

Now that the “new” expanded Convention Center is almost finished the hospitality industry is announcing plans to increase the room supply in Downtown Denver by 35%.
The new 50 story tower that includes a Four Seasons Hotel and high-end condos was announced by Jeff Selby, the developer. As part of the Convention Center Complex a [...]

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Say YES!

The Governor was against it. The Mayor was for it. The People spoke and 4A won! In the not soon enough future, Denver will be home to an increasing important network of tracks.
Currently, the Light Rail line runs from Santa Fe Dr through downtown to Five Points. When The People were debating [...]

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Home Buyers prefer easy commutes

Urban neighborhoods are booming in popularity; buyers want to lessen their commutes according to the 2004 American Community Survey sponsored by the NATIONAL ASSOCIATION OF REALTORS and Smart Growth America.

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Resale hot spots

Third quarter 2004 statistic reports indicate the hottest resale areas in the Denver metro market.

ZIP codes
Location
Number Sold
Average price

80015
Aurora/Centennial
496
$238,222

80013
Aurora
434
$196,223

80134
Parker
391
$305,782

80020
Broomfield/Louisville
337
283,517

80126
Highlands Ranch
285
330,437

80127
Ken Caryl/Southwest Plaza
280
308,239

80123
Littleton
267
$274,423

80220
East Denver (Hilltop/Crestmoor/Mayfair/South Park Hill)
245
$308,829

80229
Thornton/Welby/Commerce City
244
$169,073

80219
Southwest Denver
239
$164,833

Source: RE/MAX International

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Building Progress of the Denver Art Museum

This past weekend we found our selves with some time on our hands, so we went to see how the new extension to the Denver Art Museum was coming along. As Larry turned the corner, I gasped, “Wow!” It really pleased me to see the progress and how amazing it looks!
Locals as well [...]

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new urbanism

The ad said “we build neighborhoods with front porches, so neighbors can sit on the porch talk across the yard”. My inner voice said, “hype! It’s just a marketing/sales speak to justify the extremely small lots with extremely large price stickers!
The buzzword is now “new urbanism”. What is it? New communities being designed [...]

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