In all honesty, as grand as 2014 was, 2013 seemed to be a busier year – at least to me it did. I took the time this week to compare the two years – I hope you’ll find this information as fascinating as I did. (Now, keep in mind that this is for the 7-county Denver metro area which includes Adams, Arapahoe, Boulder, Broomfield, Denver, Douglas and Jefferson Counties).
If you’re interested in something more specific to your city or neighborhood or perhaps something more broad, just contact me by clicking here.
- January of 2013 provided a total of 2,626 closings versus 2,591 closings in 2014. However, the total dollar volume in 2013 was $728,546,910 compared to $790,149,010 in 2014.
- February of 2013 – 2,973 closings compared to 2,959 in 2014. Dollar wise, February of 2013 totaled $829,112,955 compared to $879,382,388.
- March of 2013 sales were 4,139 with $1,232,993,861 in volume.March of 2014 equated to 3,807 closed deals for a total of $1,190,306,417 in volume.
- April of 2013 – 4,646 deals for $1,447,936,733. April of 2014 – 4,486 deals for $1,461,257,397 in volume.
- May of 2013 – 5,473 transactions for a total of $1,700,437,180 compared to 5,284 deals and $1,769,245,212 in May of 2014.
- June of 2013 – 5,463 transactions for $1,747,957,694 in production. June of 2014 – 5,684 deals for $1,914,390,481.
- July of 2013 – 5,753 sales for $1,844,752,144 compared to July of 2014 – 5,567 sales for $1,871,830,945.
- August of 2013 – 5,408 deals for $1,697,452,968 compared to August of 2014 – 5,113 sales for $1,683,752,033 in dollar volume.
- September of 2013 – 4,434 sales for $1,364,065,201. September of 2014 – 4,829 sales for $1,539,488,342
- October of 2013 – 4,245 sales for $1,286,064,043. October of 2014 – 4,681 sales for $1,521,036,348
- November of 2013 – 3,571 sales for $1,085,102,575 compared to 3,684 sales for $1,213,805,338 in November of 2014.
- December of 2013 – 3,649 sales for $1,118,341,684 in production. December of 2014 – 3,930 sales for $1,334,739,085 in volume.
Okay, I know that’s a ton of numbers to digest… here’s the breakdown. There were 235 more sales in 2014 than 2013 (52,615 compared 52,380). However, there was almost a $1.1 billion dollar difference in production. $16,082,763,948 for 2013 compared to $17,169,382,996 in 2014. This data confirms what I’ve been saying for quite some time… INVENTORY IS LOW AND PRICES ARE INCHING UP.
If you’ve been thinking of selling, now is the time to do so. For a free market analysis of your home’s value, please click here or call me at 303.570.8561
It’s hard to believe that the original building permits for this Lower Highland gem were pulled over a decade ago – how time flies…
Confluence Heights, located at 2200 W. 29th Ave (on 29th between Vallejo St. and Wyandot St.), offers some pretty impressive northern views of the Asbury Methodist Church, home of the Sanctuary Downtown and amazing Front Range and Downtown Denver skyline to the south and east.
Confluence Heights stands apart from many complexes in LoHi (or Denver’s North Side for my natives) due to the fact that it was one of the last for-sale complexes of this size to be built in the neighborhood – every other complex of this magnitude built after the completion of Confluence Heights has been a for-rent apartment house.
Also, Confluence Heights is one of the few buildings built using a post-tension concrete and steel construction method instead of what we’re seeing nowadays which is a wood frame approach. Although the latter is widely accepted, the concrete and steel approach is far superior when it comes to sound mitigation and overall quality.
Additionally, finishes of the individual units are considerably higher-end compared to what I have seen in the comparable units. Each one of the 24 residential units includes high-end, Berloni Cabinetry from Italy, Villeroy & Boch plumbing fixtures, solid Birchwood hardwood floors, Bosch stainless steel appliances, floor-to-ceiling “storefront” windows, solid Maplewood doors, dual rainfall shower heads, frameless shower enclosures & radiant floor heating in the master bedroom, private balconies, 10ft+ exposed concrete ceilings and commercial grade carpeting.
The building also includes and amazing rooftop deck which is perfect for stargazing, hosting a margarita party or catching the multiple 4th of July firework shows. Confluence Heights also has a strong retail / commercial presence on the ground floor that includes The Green Shirt Dry Cleaning and Pearl Dentistry.
The thing I love the most about this building is its proximity to everything the LoHi neighborhood has to offer. From Confluence Heights one can walk to countless restaurants like Linger, Uncle, Lola, Root Down, Old Major and Z-Cuisine; and plenty of watering holes including Highland Tap & Burger (my personal favorite and THE place to catch a ball game on one of their 16 high-def televisions), Forest 5, Zio Romolo’s Alley Bar (Tuesday night is Grateful Dead / Phish night at Zio’s) & Classic Tavern. When it comes to fitness and recreation, one is within shouting distance to LoHi Athletic Club, The Freyja Project, Vitruvian Fitness, the soon to open Fierce45 (which from what I’ve heard will redefine the way we workout), Ashland Recriation Center & indoor pool, Hirshorn Park and great access to miles and miles of jogging and bike trails. One also has access to the Highland Pedestrian Bridge connecting you to Union Station, and all things (LoDo) Lower Downtown Denver.
Overall, Confluence Heights truly is a great option for anyone looking to own in Denver’s best neighborhood in a high quality, highly appointed, maintenance-free property.
Many of my friends, clients and acquaintances have heard me boast about Copperleaf Homes, the custom homebuilder I’m representing here in the Denver metro area. Today I took a second to tour the model home Copperleaf Homes is in the process of building at 3401 S. Clermont St. in the southeast Denver neighborhood of University Hills… and folks, it is a sight for sore eyes! That’s right, a custom homebuilder that has taken the time and energy to build a model home dedicated to providing you a sneak-peek at the design and quality they’re capable of building.
The second you pull up to the model you notice something different. Sure, the home’s architecture leans contemporary but it feels so much more put together than many of the modern and contemporary boxy homes we’re seeing in Denver’s urban neighborhoods. The model’s architecture feels rich, stately, well thought out.
As you approach the home you notice the beautiful stacked stone and blocked limestone detail on the front façade.
As you enter the home you’re welcomed by an explosion of space with two-story volume ceilings. Next to the foyer you’ll find a spacious study and full bathroom, which can double as a spare bedroom. Continuing on the main-floor, you’ll find a spacious family room, dining room and kitchen set up as a one big space, a mudroom that leads you to the attached garage and a covered patio leading to the back yard.
Upstairs you’ll find a junior suite with it’s own full bathroom towards the front of the home. Two spacious secondary bedrooms bookend a Jack-and-Jill bath, a spacious loft, full laundry room with a laundry sink and the master suite complete with a 5-piece master bathroom and walk-in closet anchors the back of the home.
The fully finished basement features a fair amount of storage, an ample bedroom, full bathroom and a remarkable wet bar that includes a wine fridge and dishwasher.
This model home truly encompasses all the attributes that today’s buyer is looking for without having to settle on location. Since Copperleaf Homes is a custom builder, they can build this or any home just about anywhere in the Denver-metro area. Copperleaf can build on your lot or I can help you find a lot in whichever neighborhood suits your needs and we can build whatever you’d like.
If time is of the essence, worry not as Copperleaf already has a few homes under construction that one could move into as soon this spring. We have a duplex under construction in Berkeley just steps from the Tennyson St. strip and we’ll have three large single family homes in the planning process which will be built right in the Potter Highlands historic district in LoHi.
If you’re like me and not willing to give up your favorite neighborhood but can appreciate a newly built home then Copperleaf Homes is the way to have your cake and eat it too. For more information on building a new, affordable custom home anywhere in the Denver metro area, call or text me at 303.570.8561 or email me at Jesus@DenverRealEstate.com