Micromarket Reports

Luxury

Micromarket Report

Vail Valley

Micromarket Report

As a well-known luxury market, the Vail Valley drives visitors and buyers from around the world to experience the year-round activities, the tight-knit community feel, the high-end shopping and dining, and of course the spectacular mountain views.

LIV Sotheby’s International Realty produces a Micro Market Report focused on the Vail Valley and the neighborhoods within it. As a whole, Eagle County saw a slight increase in average price by 1.3% for Q1 of 2019 compared to 2018, increasing the average price for this year to $1,335,706. Interestingly, condos, townhomes and duplexes saw the highest development in number of sold listings, increasing by 2.4% to 169 sold in 2019.

Highlights for Eagle County include a number of impressive increases in average price including the most notable, a 68.5% gain for Minturn bringing the average price to $1,087,500 in 2019 compared to $645,413 in 2018. Other significant expansions in average price include a 30.9% increase in all properties for Edwards – Singletree, a 27.8% increase for all properties in West Vail & Cascade, and a 23.8% increase for all properties in Arrowhead.

A number of areas within Eagle County also escalated with the number of properties sold, with the most impressive being Vail Course/Spraddle Creek increasing 200% to six properties sold in 2019 compared to two properties sold in 2018 for January through March. Following closely behind, West Vail & Cascade increased 150% for properties sold to 10 in 2019, from four in 2018.

The Vail Valley is truly an international destination and continues to display luxury price points for real estate sales. Interested sellers can benefit from these luxury price points and buyers can take assurance in knowing their investment is in a world-renowned destination that continues to bring enhanced interest.

Denver Metro

Micromarket Report

Consistently ranked as one of the best places to live, Denver Metro offers an unbeatable lifestyle with ideal weather, panoramic mountain views, and regularly added trendy restaurants and entertainment. Plus, a strong economy continues to drive people from out of state to call Denver their home.

LIV Sotheby’s International Realty reports on the Denver Metro real estate market, sectioning into 54 neighborhoods. Collectively, comparing the results of Q1 of 2019 to that of 2018, new listings increased by a notable 5.7%. This increase led to almost 15,000 new listings so far in 2019. Average price also increased by 2.1% and total dollar volume sold increased by 1.7%. These three increases show a healthy and active market for Denver Metro as we head into the spring and summer months of 2019

Across the 54 neighborhoods there are notable increases in average price and decreases in average days on market, proving that 2019 is off to a very active start. Cheesman (including single family and condos) saw an impressive 47.3% increase in average price to $614,695 in 2019, as well as a 11.8% increase in average price per square foot to $391. Downtown (including condos) saw an astounding 48.7% increase in average price to $860,052 in 2019 and a 14.6% drop in average days on market to just 88 days in 2019. Golden Triangle also saw an impressive jump in average price by 34.8% to $790,833 in 2019. Many other neighborhoods also reported similar increases in average price as well as significant decreases in average days on market, resulting in a wonderful market for sellers to benefit.

With the increase of Denver Metro buyers both within and outside of the state, buyers should be prepared to act quick when their Denver dream-home is found. The initial start to 2019 anticipates a very busy year for both buyers and sellers as Denver Metro has proven to be, and will most likely continue the path to be, an extremely hot market.

Denver Metro

Micromarket Report

The Colorado real estate market performs quite differently than the national average. Even in an area the size of metro Denver, market trends can vary dramatically from neighborhood to neighborhood. When you are contemplating as large a financial commitment as the purchase or sale of a home, micro-market data on your neighborhood can make a big difference.

LIV Sotheby’s International Realty compiles quarterly and year-end reports of micro-market statistics to help you make better real estate decisions. Contact your LIV Sotheby’s International Realty broker today or email info@livsothebysrealty.com for a printed copy of our Micro Market Reports.

Summit County

Micromarket Report

The Colorado real estate market performs quite differently than the national average. Even in an area the size of metro Denver, market trends can vary dramatically from neighborhood to neighborhood. When you are contemplating as large a financial commitment as the purchase or sale of a home, micro-market data on your neighborhood can make a big difference.

LIV Sotheby’s International Realty compiles quarterly and year-end reports of micro-market statistics to help you make better real estate decisions. Contact your LIV Sotheby’s International Realty broker today or email info@livsothebysrealty.com for a printed copy of our Micro Market Reports.

Vail Valley

Micromarket Report

The Colorado real estate market performs quite differently than the national average. Even in an area the size of metro Denver, market trends can vary dramatically from neighborhood to neighborhood. When you are contemplating as large a financial commitment as the purchase or sale of a home, micro-market data on your neighborhood can make a big difference.

LIV Sotheby’s International Realty compiles quarterly and year-end reports of micro-market statistics to help you make better real estate decisions. Contact your LIV Sotheby’s International Realty broker today or email info@livsothebysrealty.com for a printed copy of our Micro Market Reports.

Denver Metro

Micromarket Report

The Colorado real estate market performs quite differently than the national average. Even in an area the size of metro Denver, market trends can vary dramatically from neighborhood to neighborhood. When you are contemplating as large a financial commitment as the purchase or sale of a home, micro-market data on your neighborhood can make a big difference.

LIV Sotheby’s International Realty compiles quarterly and year-end reports of micro-market statistics to help you make better real estate decisions. Contact your LIV Sotheby’s International Realty broker today or email info@livsothebysrealty.com for a printed copy of our Micro Market Reports.

South Metro

Micromarket Report

The Colorado real estate market performs quite differently than the national average. Even in an area the size of metro Denver, market trends can vary dramatically from neighborhood to neighborhood. When you are contemplating as large a financial commitment as the purchase or sale of a home, micro-market data on your neighborhood can make a big difference.

LIV Sotheby’s International Realty compiles quarterly and year-end reports of micro-market statistics to help you make better real estate decisions. Contact your LIV Sotheby’s International Realty broker today or email info@livsothebysrealty.com for a printed copy of our Micro Market Reports.