Denver Real Estate Price Change Map by Neighborhood
Your Castle Real Estate, my managing broker here in Denver, is well known in for its marketing tools and resources including detailed market statistics and trends. Our data is frequently used by the press and we regularly teach market trends classes for both agents and consumers.
At our company meeting yesterday we had a discussion of the current Real Estate market trends in Denver Metro. The price change map with data for Q4 of 2009 was presented. This map is shown below. The numbers show the price change for 12 months ending 12/31 2008 to the 12 months ending 12/31 2009. Here are some additional things to note.
The darker red areas are the 20% of the neighborhoods that had the largest decline in price. The dark green areas are the 20% that did the best in terms of price change. The orange, light green and yellow were the remaining three 20% price change segments in between.
The type is a bit small here in the picture but printed within each neighborhood region is the neighborhood name, days on market, percent total price change, number of homes sold, number of short sales, and months of inventory.
You could think of the map as a graphical balance sheet of the Denver real estate market at the end of the year. This is just one of the many types of data sets we produce at Your Castle to assist buyers and sellers make better more informed decisions. Please call me at 720-771-5594 if you’d like to know more.
If you or someone you know is interested in buying or selling a home in Denver Metro or Boulder County, I can help. I can assist with all types of real estate transactions. I am also a Certified EcoBroker specializing in energy-efficient, environmental practices in real estate across the Front Range.
If you’re considering relocating to Denver Metro or Boulder County, I’d love to help you find your new home. Please feel free to call me at 720-771-5594 or visit my website at E3GreenHOMES.com
You can also visit E3ColoradoHOMES.com to search over 20,000 homes in the Denver Metro and Boulder county area.
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John Thomas MSEE, MBA
(m) 720-771-5594 (e) john.thomas@e3greenhomes.com
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Wow this is some detail. Difficult to read here, but I am sure it provides a wealth of statistics useful for pricing your home. Our MLS gives us some good tools, but not in this detail.
Hi Jane...Thanks for your comments. I haven't figured out how to implement a light-box on the AR blog yet. That would be helpful as it would allow the image to be displayed in a larger format when it is clicked on. The map is a useful tool, especially when you look at the changes over time. The map is created by our brokerage, not our MLS. We get raw data from the MLS but we use a custom software package to process and format the data for presentation. Needless to say, it's no small feat.