Denver Real Estate News & Denver Real Estate Statistics Blog

In addition to being a collector of Denver real estate news and a generator of Denver real estate statistics, I will use this to share my experience, view point, and advice as a Denver Realtor & Denver real estate agent.

June 15, 2018

Denver Realtor Reviews: Denver Real Estate Market Statistics May 2018

Denver real estate market statistics: How much does a home cost in Denver? How long does it take to sell a home in Denver? How fast are home prices rising in Denver? All this and more answered below.

 

Denver Realtor Reviews: Denver Real Estate Market Statistics May 2018

 

These Denver Real Estate Market Statistics are based on homes in the REColorado.com MLS within 30 miles of downtown Denver. Download a pdf version of "Denver Realtor Reviews: Denver Real Estate Market Statistics May 2018" by clicking here.

Denver Realtor Reviews: Denver Real Estate Market Statistics

 

Youtube Video of Denver Real Estate Market Statistics Through May 2018

 

 

The average price for a home in Denver was $486,112 at the end of May 2018. The median price for a home in Denver was $420,00 at the end of May 2018. There were 5,613 homes sold in May 2018. There were 1.178 months of real estate inventory in and around Denver at the end of May 2018. There were 7,629 new real estate listings in and around Denver at the end of May 2018. The median days on market for real estate listings in and around Denver was 5 days for May 2018.

 

These Denver real estate market statistics are from the Denver MLS (REColorado.com) . They reflect real estate sales data for the end of May 2018. They do not reflect real estate sales that occurred off market or outside of the Denver MLS.

 

The average home price in Metro Denver, Colorado

 

Denver Realtor Reviews: Denver Real Estate Market Statistics

Denver Realtor Reviews: Denver Real Estate Market Statistics

 

The average home price in Metro Denver is up almost 11% Year Over Year from $439,297 in May 2017 to $486,112 in May 2018. The average home price in Metro Denver is up 0.1% Month Over Month from $485,584 in April 2018. 

 

The median home price in Metro Denver, Colorado

 

Denver Realtor Reviews: Denver Real Estate Market Statistics

 

Denver Realtor Reviews, Denver Real Estate Market Statistics

 

The median home price in Metro Denver is up over 10.5% Year Over Year from $380,000 in May 2017 to $420,00 in May 2018. The median home price in Metro Denver is approximately 0.6% more than the median home price in March 2018 of $417,500.

 

Number of Metro Denver real estate sales

 

Denver Realtor Reviews, Denver Real Estate Market Statistics

Denver Realtor Reviews, Denver Real Estate Market Statistics

 

There were 5,613 metro Denver real estate sales in May 2018, about 3.5% less than the 5,809 real estate sales in May 2017 and 15%% more than the 4,872 metro Denver real estate sales in the prior month. For May 2018, the highest number of sales occurred in the $300,000 - $350,000 price point.

 

Number of Metro Denver real estate listings inventory

 

Denver Realtor Reviews, Denver Real Estate Market Statistics

Denver Realtor Reviews, Denver Real Estate Market Statistics

 

At the end of May 2018 there were 7,629 Denver real estate listings which is about 12% more than the 6,802 new listings in April 2018 and almost 7% more than the 7,130 new listings in May 2017. The highest number of new listings this month was in the $300,000 to $350,000 price range.

 

Months of Metro Denver real estate inventory

 

Denver Realtor Reviews, Denver Real Estate Market Statistics

 

There was an average of 1.178 months of inventory on the market in May 2018.

 

Median days on market for a Metro Denver, Colorado home for sale

 

Denver Realtor Reviews, Denver Real Estate Market Statistics

Denver Realtor Reviews, Denver Real Estate Market Statistics

 

At 5 days, the median days on market is the same as May 2017 and April 2018. The median days on market was 5 days or less for everything under $400,000. The lowest median days on market was for homes priced between $150,000 and $350,000. The highest median days on market was for homes priced between $2.75 million and $3 million.

 

Denver Realtor Reviews: Denver Real Estate Market Statistics April 2018 Conclusion

 

The real estate market within a 30 mile radius of Denver Colorado remains a strong sellers market, especially under $400,000. It has been my experience, and the numbers seem to prove, that the closer you get to $500,000 and if you go higher, there is less competition in general and you get a lot more home for the money at this point in time.

 


 Denver Realtor Reviews Of Denver Real Estate Agent Christopher Gibson

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May 29, 2018

When is the best time to sell a home in West Highlands

Markets are best for sellers when there is the highest amount of demand in proportion to the least amount of supply. I am searching within the following map area and only looking at detached single family homes.

 

First I want to see if there is a trend as to if certain months have frequent low prices in the market, and if certain months have frequent high prices in the market. Here is a graph of historic average sales prices by month. 

Keep in mind that sales occur approximately 30 days after the listing period. So, for instance, if January has a high or low point, this would likely be representative of homes that were listed in November and December of the previous year. 

Low points include Jan 2013, Feb 2013, March 2013, Aug 2013, Oct 2013, April 2014, November 2014, April 2015, Oct 2015, Dec 2015, April 2016, Dec 2016, Feb 2017, Oct 2017, April 2018. I feel like April, October, & December have the most low points. Current theory worst months to list March, September, November.

High points include Dec 2012, Jun 2013, Jan 2014, May 2014, Sep 2014, Mar 2015, May 2015, Aug 2015, Feb 2016, May 2016, June 2016, Nov 2016, Jan 2017, Mar 2017, Sep 2017, Feb 2018. I feel like May & February have the highest frequency of high points. Current theory: best months to list April, January. 

Second, I want to see which months appear to have the highest and lowest days on market.

The months that have the highest days on market are March 2012, Oct 2012, Nov 2012, Dec 2012, Feb 2014, Oct 2014, Dec 2014, March 2016, Oct 2016, Dec 2016, Mar 2017, April 2017, Sep 2017, Dec 2017. December and October seem to have the highest days on market with the most frequency.

The months that have the lowest days on market are June 2012, June 2013, September 2013, March 2014, Oct 2014, April 2016, May 2016, April, 2017, June 2017, Nov 2017, March 2018. April seems to have the highest frequency.

Finally, which months have the highest and lowest months of inventory?

It's hard to get much from this.

In conclusion I would list mid March to the end of March in my opinion.

May 27, 2018

Denver Realtor Reviews: Denver Real Estate Market Statistics April 2018

Denver real estate market statistics: How much does a home cost in Denver? How long does it take to sell a home in Denver? How fast are home prices rising in Denver? All this and more answered below.

Denver Realtor Reviews: Denver Real Estate Market Statistics April 2018

These Denver Real Estate Market Statistics are based on homes in the REColorado.com MLS within 30 miles of downtown Denver. Download a pdf version of "Denver Realtor Reviews: Denver Real Estate Market Statistics April 2018" by clicking here.

Denver Realtor Reviews: Denver Real Estate Market Statistics

 

Youtube Video of Denver Real Estate Market Statistics Through April 2018

 

 

The average price for a home in Denver was $488,153 at the end of April 2018. The median price for a home in Denver was $417,500 at the end of April 2018. There were 4,894 homes sold in April 2018. There were 1.205 months of real estate inventory in and around Denver at the end of April 2018. There were 5,841 real estate listings in and around Denver at the end of April 2018. The median days on market for real estate listings in and around Denver was 5 days for April 2018.

 

These Denver real estate market statistics are from the Denver MLS (REColorado.com) . They reflect real estate sales data for the end of December 2016. They do not reflect real estate sales that occurred off market or outside of the Denver MLS.

 


The average home price in Metro Denver, Colorado

Denver Realtor Reviews: Denver Real Estate Market Statistics

 

Denver Realtor Reviews: Denver Real Estate Market Statistics

The average home price in Metro Denver is up almost 11% Year Over Year from $436,630 in April 2017 to $485,153 in April 2018. The average home price in Metro Denver is up 3.7% Month Over Month from $467,778 in March 2018. 


The median home price in Metro Denver, Colorado

Denver Realtor Reviews: Denver Real Estate Market Statistics

The median home price in Metro Denver is up over 9.8% Year Over Year from $380,000 in April 2017 to $417,500 in April 2018. The median home price in Metro Denver is approximately 3.1% more than the median home price in March 2018 of $405,000.


Number of Metro Denver real estate sales

 

Denver Realtor Reviews: Denver Real Estate Market Statistics

 

Denver Realtor Reviews: Denver Real Estate Market Statistics

 

There were 4,849 metro Denver real estate sales in April 2018, about 1.6% more than April 2017 and 6.1% more than the prior month. For April 2018, the highest number of sales occurred in the $350,000 - $400,000 price point.


Number of Metro Denver real estate listings inventory

 

Denver Realtor Reviews: Denver Real Estate Market Statistics

 

Denver Realtor Reviews: Denver Real Estate Market Statistics

At the end of April 2018 there were 5,841 Denver real estate listings which is about 12% more than the 5,202 listings at the end of March 2018 and 5.6% less than the 6,171 listings in April 2017. The highest number of new listings this month was in the $$350,000 to $400,000 price range.


Months of Metro Denver real estate inventory

 

Denver Realtor Reviews: Denver Real Estate Market Statistics

 

 

There was an average of 1.205 months of inventory on the market in April 2018.


Median days on market for a Metro Denver, Colorado home for sale

 

Denver Realtor Reviews: Denver Real Estate Market Statistics

 

 

Denver Realtor Reviews: Denver Real Estate Market Statistics

At 5 days, the median days on market is the same as April 2017 and March 2017. The median days on market was 5 days or less for everything under $400,000. The lowest median days on market was for homes priced between $150,000 and $350,000. The highest median days on market was for homes priced between $2.25 million and $2.5 million.


Denver Realtor Reviews: Denver Real Estate Market Statistics April 2018 Conclusion

The real estate market within a 30 mile radius of Denver Colorado remains a strong sellers market, especially under $400,000. It has been my experience, and the numbers seem to prove, that the closer you get to $500,000 and if you go higher, there is less competition in general and you get a lot more home for the money at this point in time.

 


 Denver Realtor Reviews Of Denver Real Estate Agent Christopher Gibson

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Nov. 25, 2017

Denver Realtor Reviews: My T-Mobile Samsung Note 8 Samsung Pay Malfunction

My T-Mobile Samsung Note 8 Samsung Pay Malfunction

 

November 25, 2017

T-Mobile Samsung Note 8 Samsung Pay MalfunctionI am a Denver Realtor and real estate agent and I use my phone for everything. My name is Christopher Gibson, phone number is 720-394-8861, google account cgibsonrealtor@gmail.com, Samsung account cgibsonrealtor@gmail.com. I have been loving all of the additional items that Samsung phones bring to the table the last couple of product generations. I had the S8+ and I cracked its screen. I went to my local T-Mobile store for a warranty replacement and the Note 8 was calling out to me with its telephoto lense, similar size, and S Pen. I have owned previous versions of the Samsung Note and I loved them. And I have loved the Samsung Note 8 except for 1 problem I discovered. 

 

It takes a short bit to get your phone completely set up. And I have always used Samsung  Pay, loving that I could skip carrying that bulky wallet in my pants and leave it in the car. The genius of Samsung Pay being, it works through the magnetic strip reader of a credit card machine even if it is not set up for NFC phone payments through Apple Pay or Google Pay. But it does not always work and it took me some trial and error to realize that my Samsung Note 8 was not working in the machines NOT set up for NFC phone payments that I used to always have success with. I used Samsung Pay with my S8+ and S7 at Target at 7777 E Hampden Ave, Denver, CO 80231 and the Sinclair at 2690 S Monaco Pkwy, Denver, CO 80222. It no longer works at these non-NFC machines and is only working on machines that are set up for NFC phone payments from any provider. It does not give an error, it is just as if the phone is not sending a signal to the credit card machine.

 

Samsung Note 8 Samsung Pay Malfunction - Denver Realtor Christopher GibsonI immediately went to my local T-Mobile store at 7115 E Hampden Ave, Denver, CO 80224 on November 16th, 2017 . Of course, these clerks were completely unaware that Samsung Pay even worked through non-NFC terminals because they are all iPhone owners and at least the one I spoke to took technical know-how of the phones very lightly. They then informed me that since I had owned my phone for 18 days, 3 days past the 15-day maximum, I could not exchange my phone as defective. My only option would be to do a warranty replacement for a certified pre-owned phone, which was “probably crappy because it was fixed for some other defect”. That didn’t sound like an acceptable option to me.

 

I called T-mobile.  The representative I spoke to was very nice but had to establish immediately that “you have a wonderful new product in the Samsung Note 8 that is not defective" obviously carrying the company line. He had me clear all my cache and defaults which undid a lot of hard work. I reset up my cards in Samsung Pay and tried again. No luck. I called T-Mobile again and they gave me the number for Samsung Technical Support of 1-800-726-7864. When I spoke with Samsung Technical Support they said this was a Samsung Pay issue and I had to call them instead because that product contains personally sensitive information. I tried arguing that this seemed more like a hardware issue than a software issue but they would not talk to me.

 

Samsung Note 8 Samsung Pay Malfunction - Denver Realtor Christopher GibsonI called Samsung Pay at 1-844-726-7297. I explained my issue to them. I gave them my e-mail address and they have my phone number. Let’s be real, Samsung Pay may know more about me than the IRS, they know how to contact me. They said they would get back to me “within 72 business hours”. I spoke with Samsung Pay at 12:04 PM MST on Thursday, November 16th. 72 hours would have been 12:04 PM on Tuesday, November 22nd, 2017. I am sure everybody is shocked to hear, they never contacted me. 

 

I have been with T-Mobile for a while. Data speeds on all the carriers in Denver is especially bad. For a moment T-Mobile had the best speeds and they have really improved their coverage. 

 

I love having the Bixby Assistant and Google Assistant on my Samsung phone and the S-Pen is pretty cool too. But I use a different launcher and not a lot of stock Samsung apps. I will definitely be taking a harder look at Google and LG product offerings in the future, and I will look at other cell phone providers which are not much more expensive and may have better coverage. When you buy a $1,000 phone it should do all of the things it says it will do. I also don’t expect to be given the runaround when I point out that my brand new phone is not working correctly. 

 

As a Denver Realtor and real estate agent I use my phone for every social media app, internet browsing, NAVIGATION, calendar, e-mail, contracts, videos and video editing, my main camera, and even updating my website from time to time. I take my phone purchase and phone provider very seriously when making my purchasing decisions. I have lost a lot of loyalty and affection towards T-Mobile and the Samsung cell phone product line.

 

I will update this blog if I get a new Samsung Note 8 to try Samsung Pay with. But I am not going to take a certified preowned phone. I can find no other reports online that mimic my experience, which further leads me to believe I have a defective product. T-mobile says it is a Samsung issues. Samsung says it is a Samsung Pay issue. Samsung Pay doesn't respond. So the consumer loses. 

 


 Denver Realtor Reviews Of Denver Real Estate Agent Christopher Gibson

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Nov. 21, 2017

Capitol Hill Real Estate Market Statistics

Click here to see competing condos for sale close to Capitol Hill.

Statistics within half a mile of Colfax & Pearl St in Capitol Hill

Summary of Capitol Hill Market Statistics.

1. There is not an abundance of market inventory. It is a seller's market. The number of sales was 17 last December and 13 in January and 12 in February, and there were 26 listings at the end of October.

2. The median sales price of Capitol Hill condos was $253,000 and the average size was 2 bedrooms and 2 bathrooms and almost 1,100 square feet.  

Statistics of condos with similar sizes and features close to downtown Denver

Search Parameters

  • Status is 'Active'
  • Status is 'Under Contract'
  • Status Contractual Search Date is 11/21/2017 to 05/25/2017
  • Status is one of 'Sold', 'Expired'
  • Status Contractual Search Date is 11/21/2017 to 08/23/2017
  • Type is 'Attached Single Family'
  • Style is 'Condominium'
  • # of Stories in this Unit is 2
  • Latitude, Longitude is within 1.00 mi of 1421 Pearl St, Denver, CO 80203, USA
  • MLS is one of 'REcolorado', 'REcolorado (ROCC)'
  • Total Bedrooms is 2 to 4
  • Total Baths is 2 to 3
  • SqFt Total is 1072 to 1672
  • SqFt Finished is 1072 to 1672
  • Laundry is not 'Shared Laundry in Building'
  • Ordered by Status, Price descending, MLS descending
  • Found 20 results in 0.28 seconds.

 

Statistical takeaways of similar condos

1. Most of the condos are very contemporary loft style condos, with very modern updated finishes. 

2. The median sales price of similar condos is $475,000 with 2 bedrooms and 2 bathroom, $343 per square feet with 1,412 square feet.  

 

 Denver Realtor Reviews Of Denver Real Estate Agent Christopher Gibson

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Nov. 16, 2017

Virtual home buying & virtual home shopping in Denver

Is it possible to buy a home in metro Denver without living in Colorado? Are you too busy to view 30 homes in person while shopping for a home? I have a virtual home buying & virtual home shopping option in metro Denver for you.

Technology provides a number tools that enable us to communicate, understand home buying priorities, view homes virtually, evaluate the home value, write offers, inspect the home, and close on the home without being in Denver or with minimal demands on your time if you are in Colorado. 

If you want to shop for a home or buy a home in Denver Colorado with minimal demands on your time, or from a different state, you will want a metro Denver Realtor with a firm handle on these technology and communication tools.

Virtual home shopping: Finding the right home in Colorado for you.

Of course, we have all of the standard communication tools to utilize so that I understand your preferences. These Denver Realtor Reviews Virtual Home Shoppingpreferences vary from home functionality to location preferences, school needs, commute times, cash flow potential, etc. We can use, Skype, e-mail, or telephone for me to understand this. Once we narrow down primary home feature and location preferences, I can begin viewing homes for you. I will do full video walkthroughs. I will note important features, how they fit your criteria, and how they impact the resale potential of the home. I will create links to these virtual home-buying tours and virtual home shopping tours that are functional for a text message as well as e-mail. My videos include a 360-degree impression of the block and neighborhood.

 

Virtual home shopping: Evaluating your Denver home of interest.

Denver Realtor Reviews Virtual Home Buying and Virtual Home Shopping Neighborhood ScoutHow do you evaluate a neighborhood if you are not here to see it in person? I subscribe to a website, www.neighborhoodscout.com that will provide 3rd party crime, demographic, and school information for any homes of interest as well. If you find a home that fits your lifestyle needs, you still want to know what it is worth. When I do a home value evaluation in Denver (See an example of my home value evaluation here) I narrow down to the most similar 3 homes in the same neighborhood that have sold in the last 3 - 6 months. I look for similarly aged homes, similar square footage, similar car storage, similar style homes, similar basement features etc. I create a price per square foot comparison, and I tell you my opinion of the price, and whether or not I believe there is a risk it will not appraise for the purchase price you are under contract for. I also generate 3 automatic values from zillow.com, realist, and realtyofco.com to compare my evaluation with. 

 

Virtual home buying: Writing an offer on your metro Denver home.

Virtual home buying and virtual home shopping in Denver: writing an offerThe offer you write will be the contract the governs the whole home buying process. I use real estate software from ctmecontracts.com to allow for the seamless transmission of contracts and easy signing of contracts. The software generates links that allow for easy reference throughout the purchase process along with the seamless signing feature. 

 

Virtual home buying: Escrow process while under contract on your metro Denver home.

The home inspection will be the second biggest hurdle to not being physically present in your virtual home buying and virtual home shopping experience. I will help coordinate the inspection, I will meet the home inspector, I will make a list of concerns raised in person, and I will walk through the inspection with you over the phone.

 

Virtual home buying: Closing on your metro Denver home purchase.

No electronic signing is possible to close on a house. But people do close on the purchase/sale of the home from out of state frequently. Funds are wired electronically for the downpayment, usually, in most transactions. It is very important to verify wiring instructions, and I will be available to assist with that. The title company can and will be able to overnight documents for you to sign and mail back. They will provide complete instructions and even refer a title company or notary to assist you in your location.

I will do another video walkthrough of the home prior to closing and verify the home is being transferred in the condition expected.

I hope this gives you a good idea of what virtual home shopping and virtual home buying would look like with me as your Denver Realtor. I hope I have the opportunity to work for you.

  


 Denver Realtor Reviews Of Denver Real Estate Agent Christopher Gibson

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Nov. 15, 2017

Denver Realtor Reviews: 5570 Oak Ct Price Opinion

All Skyline Estates Neighborhood homes for sale here.

Walkthrough of 5570 Oak Ct in the Skyline Estates Neighborhood

Nice front porch. Very quiet street. East facing. Very nice entryway vaulted ceilings in the formal living room. Great eating space in the kitchen. Really good countertop space And Cabinet space. Not a fan of the countertop color. Nice slider to the backyard with blinds in it. Gas range. White appliances. Main floor has laundry and a functional bedroom and bathroom. Decent size master bedroom. There is a door on the master bathroom. 5 piece bath but the tub tile is a little bit dated not a lot of closet space. Spare bedrooms have Mountain views.

 

Denver Realtor Reviews: 5570 Oak Ct Price Opinion

5570 Oak Court is a two-story home in the Skyline Estates neighborhood. I want to find other two-story homes in the same Skyline Estates neighborhood that have sold in the last 90 days. I also want homes with a similar square footage to the 2009 above grade square feet in 5570 Oak Court. I came up with the following search criteria.

  • Status is 'Active'
  • Status is 'Under Contract'
  • Status Contractual Search Date is 11/15/2017 to 05/19/2017
  • Status is 'Sold'
  • Status Contractual Search Date is 11/15/2017 to 08/17/2017
  • Type is 'Detached Single Family'
  • Style is '2 Story'
  • Latitude, Longitude is within 0.57 mi of 5570 Oak Ct, Arvada, CO 80002, USA
  • MLS is one of 'REcolorado', 'REcolorado (ROCC)'
  • SqFt Above is 2, is 9 to 3009
  • Year Built is 1997 to 2007
  • Ordered by Status, Price descending, MLS descending

Click here or on the map above to see details of the similar home that have sold in the Skyline Estates neighborhood.

Price per square foot comparison of similar homes sales in the Skyline Estates neighborhood.

The average price per square foot of similar homes that have sold is $222 per square foot while 5570 Oak Ct is valued at $227 per square foot. If this home was priced at $222 per square foot it would be priced at $556,998. The average of the other homes sold is $525,686 and the highest priced sale is $545,000. Most of the other sold properties have 1 less bathroom and none of the other sold properties have a main floor bathroom and bedroom as 5570 OaK Ct does. This could be a very valuable feature to the right buyer, but the bedroom is probably not big enough to fetch a huge price difference. The condition of the home is above average in my opinion. If I was listing the home for sale, I would still have a hard time advising a price much higher than $555,000. 

3 Automatically Generated Values for 5570 Oak Ct in the Skyline Estates Neighborhood

Average of 4 automatically generated values: $564,209

Neighborhood Scout Report of 5570 Oak Ct in the Skyline Estates Neighborhood. 

Here is the overview of the Skyline Estates  Neighborhood, and click here for a complete Neighborhood Scout report for the 5570 Oak Ct Neighborhood.

ABOUT THE 5570 OAK CT NEIGHBORHOOD

 Real Estate Prices and Overview

This neighborhood's median real estate price is $445,517, which is more expensive than 73.4% of the neighborhoods in Colorado and 83.3% of the neighborhoods in the U.S.

The average rental price in this neighborhood is currently $1,943, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 80.2% of the neighborhoods in Colorado.

This is a suburban neighborhood (based on population density) located in Arvada, Colorado.

This neighborhood's real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) single-family homes and apartment complexes/high-rise apartments. Most of the residential real estate is owner occupied. Many of the residences in this neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built between 2000 and the present.

Real estate vacancies in this neighborhood are 4.8%, which is lower than one will find in 76.6% of American neighborhoods. Demand for real estate in this neighborhood is above average for the U.S., and may signal some demand for either price increases or new construction of residential product for this neighborhood.

Notable & Unique Neighborhood Characteristics

When you see a neighborhood for the first time, the most important thing is often the way it looks, like its homes and its setting. Some places look the same, but they only reveal their true character after living in them for a while because they contain a unique mix of occupational or cultural groups. This neighborhood is very unique in some important ways, according to NeighborhoodScout's exclusive exploration and analysis.

Notable & Unique: Diversity

Did you know that this neighborhood has more Brazilian and Swedish ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 1.2% of this neighborhood's residents have Brazilian ancestry and 5.9% have Swedish ancestry.

The Neighbors

The Neighbors: Income

How wealthy a neighborhood is, from very wealthy, to middle income, to low income is very formative with regard to the personality and character of a neighborhood. Equally important is the rate of people, particularly children, who live below the federal poverty line. In some wealthy gated communities, the areas immediately surrounding can have high rates of childhood poverty, which indicates other social issues. NeighborhoodScout's analysis reveals both aspects of income and poverty for this neighborhood.

The neighbors in this neighborhood in Arvada are upper-middle income, making it an above average income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 78.2% of the neighborhoods in America. In addition, 7.2% of the children seventeen and under living in this neighborhood are living below the federal poverty line, which is a lower rate of childhood poverty than is found in 71.4% of America's neighborhoods.

The Neighbors: Occupations

The old saying "you are what you eat" is true. But it is also true that you are what you do for a living. The types of occupations your neighbors have shape their character, and together as a group, their collective occupations shape the culture of a place.

In this neighborhood, 42.6% of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is sales and service jobs, from major sales accounts, to working in fast food restaurants, with 31.9% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (13.2%), and 12.3% in clerical, assistant, and tech support occupations.

The Neighbors: Ethnicity / Ancestry

Culture is the shared learned behavior of peoples. Undeniably, different ethnicities and ancestries have different cultural traditions, and as a result, neighborhoods with concentrations of residents of one or another ethnicities or ancestries will express those cultures. It is what makes the North End in Boston so fun to visit for the Italian restaurants, bakeries, culture, and charm, and similarly, why people enjoy visiting Chinatown in San Francisco.

In this neighborhood in Arvada, CO, residents most commonly identify their ethnicity or ancestry as German (25.8%). There are also a number of people of Irish ancestry (15.7%), and residents who report English roots (11.8%), and some of the residents are also of Mexican ancestry (7.6%), along with some Swedish ancestry residents (5.9%), among others. 

The Neighbors: Languages

The most common language spoken in this neighborhood is English, spoken by 90.6% of households. Some people also speak Spanish (6.5%).

Getting to Work

How you get to work – car, bus, train or other means – and how much of your day it takes to do so is a large quality of life and financial issue. Especially with gasoline prices rising and expected to continue doing so, the length and means of one's commute can be a financial burden. Some neighborhoods are physically located so that many residents have to drive in their own car, others are set up so many walk to work, or can take a train, bus, or bike. The greatest number of commuters in this neighborhood spend between 15 and 30 minutes commuting one-way to work (39.1% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (84.7%) drive alone in a private automobile to get to work. In addition, quite a number also carpool with coworkers, friends, or neighbors to get to work (8.7%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.

 


 Denver Realtor Reviews Of Denver Real Estate Agent Christopher Gibson

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Nov. 12, 2017

The Meadows Neighborhood Castle Rock Real Estate Market Statistics through October 2017

Click here to see all homes for sale in the Meadows Neighborhood in Castle Rock.

The Meadows Neighborhood Castle Rock Real Estate Market Statistics through October 2017

Home statistics of resale homes in the Meadows Neighborhood

 Median Sales Price

The median sales price in the Meadows neighborhood in Castle Rock has increased from 410,000 in October of 2016 to $441,000 in October 2017. This is almost a 7.6% increase.

 

 Average Sales Price

The average sales price in the Meadows neighborhood increased about 9.6% year over year in October 2017 from October 2016.

Median and Average Sales Price 5 Year Amounts

 

Days on market and months of inventory

Active number of listings  compared to number of sales each month

 

 


 Denver Realtor Reviews Of Denver Real Estate Agent Christopher Gibson

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Nov. 2, 2017

Denver Tech Center Real Estate Market Statistics Oct 2017

Click here to see homes for sale in the Denver Tech Center.

Denver Tech Center Statistical Map

Statistics are for homes that fall into the following search area and also default to Cherry Creek High School. 

Home statistical averages that have been on the market in the Denver Tech Center area in the last 6 months

Average home price in the Denver Tech Center

Average home price in the Denver Tech Center

Average home price in the Denver Tech Center

Median home price in the Denver Tech Center

The median home price is almost 5% more than the prior year but it does not seem there has been a strong upward trend over the last 14 months. The year by year comparison shows a stronger trend.

 Median home price in the Denver Tech Center

Median home price in the Denver Tech Center

 

 

Denver Tech Center Number Of Real Estate Listings And Number Of Sales

As you can see the number sales are lowest in January and the number of homes for sale is highest in September. Also, there is less available for sale than there was last year.

Denver Tech Center Number Of Real Estate Listings And Number Of Sales

 

Denver Tech Center Median Days On Market

Denver Tech Center Median Days On Market

Denver Tech Center Median Days On Market

 

 


 Denver Realtor Reviews Of Denver Real Estate Agent Christopher Gibson

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Nov. 1, 2017

Denver Realtor Reviews Virtual Home Buying November 1 2017

Here are my virtual home buying efforts and Denver Realtor reviews for the week of November 1. I viewed these homes with the impression that you prefer an open layout and 2-story homes. I know you like bigger lots with a functional backyard. I believe that a 2 car garage and A or B elementary schools are must have's. 

Denver Realtor Reviews Virtual Home Buying November 1

8343 Union Ct - Denver Realtor Reviews

Virtual Home Buying notes: Much better curb appeal than the pictures. Corner lot with the garage off of the side of the lot. Nice formal dining room and formal living to the right of the front door which gives you great entertaining possibilities. A nice front and back porch connected to the living room which will connect the outdoors to the indoors very well. Double doors to the master suite. Master bedroom is very big with mountain views. New door to the bathroom from the bedroom. The bathroom is fairly dated. Double vanity in the bathroom. Very big master closet.

 

11061 W 71st Pl - Denver Realtor Reviews

- couldn't show because they changed my showing time, however, didn't like the curb appeal and did not like that have backed up to 72nd which was a pretty busy Street.

 

6015 Zang Way - Denver Realtor Reviews

Virtual Home Buying notes: Pretty good curb appeal. The street is on seems pretty quiet. Very expensive big homes just down the street. Four bedrooms upstairs. Very large Master Suite with a retreat. Very nice finishes in the kitchen with granite and glass backsplash tile floors. New carpet throughout the first and second floor. Big covered back porch. Lot size is pretty good. Mountain views from the back. Me and or off of the garage. Fireplace in the living room. My only concern is it's not maybe as open as you guys would like as far as the layout on the main floor. But lots of light and bright with vaulted ceilings on the main floor. Absolutely huge master closet. Really great floorplan.

 

12375 W 34th Pl - Denver Realtor Reviews

Virtual Home Buying notes: Really nice feeling neighborhood. Location is very convenient with access to Ward Road Youngfield and I-70 easy access to everything. Curb appeal is not good. Detached garage is ugly roof looks older probably have an insurance claim. Hardwood floors throughout the main floor. It appears to have hot water baseboard heat. Really nice finishes in the kitchen and bathrooms. Great light throughout the main floor. Love that the back deck connects the kitchen and the living room. Very big Master Suite with everything anybody could want. Great closet space in the master suite. Basement has a full kitchen. Lot shape is very weird.

 

3220 Alkire - Denver Realtor Reviews

Virtual Home Buying notes:  Nice curb appeal. Big corner lot. Good Feeling neighborhood. 32nd which is on one side of the home feels a little bit busy. You can hear I-70 from the front of the house. Nicer laminate floors when you walk in the front door. Nice double doors on the front door. Upgraded doors throughout the house. Some sort of electric fireplace when you are looking straight in from the front door. Very nice open floor plan. Vaulted ceilings and the dining and living area and kitchen. Skylights. Just amazing light throughout the house. Upgraded cabinets and countertops in all the kitchens and bathroom. No basement. Newer windows. Big lot with big functional yard and nice fence. Balcony off of the master suite. The master suite is not especially big. Master closet is huge.

11553 W 31st - Denver Realtor Reviews

Virtual Home Buying notes: Nice quiet block, can't hear 32nd st. Big lot. Next to tennis courts. Parking pad for an RV. Solar panels. Nice brick exterior. I don't like the green trim. Some nice hardwoods, but carpet is a little rough on the main floor. Great backyard. Huge deck off the back. Kitchen cabinets and countertops probably need to be replaced. Some newer windows. Great mud room between the garage and kitchen.  Nice upgrades on the spare bathroom. Master bathroom pretty nice but only one vanity, bigger bathroom. Awesome walkout basement. Basement has nice upgrades if you can get past the carpet colors. Master suite in the basement. Big basement bathroom. Lots of storage in back as well. The garage is extra deep.

 

5570 Oak Ct - Denver Realtor Reviews

Nice front porch. Very quiet street. East facing. Very nice entryway vaulted ceilings in the formal living room. Great eating space in the kitchen. Really good countertop space And Cabinet space. Not a fan of the countertop color. Nice slider to the backyard with blinds in it. Gas range. White appliances. Main floor has laundry and a functional bedroom and bathroom. Decent size master bedroom. Door on the master bathroom. 5 piece bath but the tub tile is a little bit dated not a lot of closet space. Spare bedrooms have Mountain views.


 Denver Realtor Reviews Of Denver Real Estate Agent Christopher Gibson

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