Archives for September 2018
Many condo buildings in and around downtown Denver have rooftop decks especially the new ones. I am collecting pictures of downtown Denver from the rooftop decks of condominium buildings.
Located in historic Capitol Hill, the Penn Square Condos at 550 E 12th Ave were built in 1967.
Views and pictures of downtown Denver from the Penn Square Condos.
The highest floor in the Penn Square Condos is 19th so there is a good amount of height on the rooftop that is essentially the 20th story. The building is located in the Capitol Hill neighborhood close to Cheeseman Park. There are not a lot of the buildings around it that are taller than it is, which enables some pretty good views of downtown Denver skyline and mountains, however it was slightly hazy on this day.
I would rate this rooftop deck an 8 on the quality because of significant landmarks like the Colorado State Capitol and mountain views and downtown Denver skyline views. I would rate this rooftop deck an 8 on height because it it is tall in comparison to the surrounding buildings. I enjoyed all of the downtown Denver buildings I could see and the views of the Capitol and the views of the Golden Triangle neighborhood and the views of the Country Club towers with the Cherry Creek neighborhood in the distance..
See the pictures of downtown Denver that I captured from the rooftop deck at Penn Square Condos below.
Youtube video of views and pictures of downtown Denver from the rooftop deck at the Penn Square Condos
Denver Realtor Reviews Of Denver Real Estate Agent Christopher Gibson
I am honored to be featured as a 5280 Magazine Five Star Real Estate Agent in the September 2018 publication. Thanks to everybody who gave me great reviews. And thanks for all the referrals. I am very blessed by all the amazing people in my life. Below you will find an explanation of how they selected the 5280 Magazine Five Star Real Estate Agents.
Five Star Professional partnered with 5280 Magazine to identify real estate, mortgage and insurance professionals in the Denver area who deliver outstanding service and client satisfaction. The Five Star Profession research team contacted thousands of recent home-buyers, as well as other consumers. Clients may also submit evaluation online. Phone and online respondents rated their service professional on criteria such as overall satisfaction and whether they would recommend the provider to a friend. The research methodology allows no more than 7 percent of professionals in each category to receive the award.
Research – How Our 5280 Magazine Five Star Real Estate Agent Winners Are Chosen
The 2018 Five Star Real Estate Agents, Mortgage Professionals and Home/Auto Insurance Professionals do not pay a fee to be included in the research or the finla list.
Each professional is screened agains state governing bodies to verify that licenses are current and no disciplinary actions are pending.
The inclusion of a real estate agent, mortgage professional or insurance professional on the final lists should not be construed as an endorsement by Five Star Professional or 5280 Magazine.
The research process incorporates a statiscally valid sample in order to identify the professionals in the local market who score highest in overall satisfaction. These professionals are not included on the list unless their score is statistically valid.
Determination of 5280 Magazine Five Star Real Estate Agent Award Winners
Professionls who satisfied each of the following objective criteria were named a 2018 Denver Five Star Real Estate Agent, Five Star Mortgage Professional or Five Star Home/Auto Insurance Professional:
1. Qualifying rating
2. Holds an active license and employed in their field for a minimum of three years
3. Favorable regulatory and complaint history review
4. Satisfies minimum production on a one year and three year basis
5. Successful completion of a Blue Ribbon Panel review
Real estate agents, mortgage professionals and home/auto professionals are pooled only with other candidates from their profession.
Five Star Professional partnered with 5280 Magazine to identify real estate, mortgage and insurance professionals in the Denver region who deliver outstanding service and client satisfaction. The Five Star Profession research team surveyed recent home-buyers online, gathering consumer evaluations of professionals in the area. Survey respondents rated their service professional on criteria such as overall satisfaction and whether they would recommend the provider to a friend.
The final list of 2018 Denver Five Star Real Estate Agents is a select group representing less than 4 percent of real estate agents in the area. To see the full list of winners visit www.fivestarprofessional.com .
Denver Realtor Reviews Of Denver Real Estate Agent Christopher Gibson
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 August 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 August 2018” by clicking here.
The average price for a home in Denver was $471,233 at the end of August 2018. The median price for a home in Denver was $407,500 at the end of August 2018. There were 5,377 homes sold in August 2018. There was 1.562 months of real estate inventory in and around Denver at the end of August 2018. There were 6,506 new real estate listings in and around Denver during August 2018. The median days on market for real estate listings in and around Denver was 10 days for August 2018.
These Denver real estate market statistics are from the Denver MLS (REColorado.com) . They reflect real estate sales data for the end of July 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
The average home price in Metro Denver is up almost 9% Year Over Year from $432,423 in August 2017 to $471,233 in August 2018. The average home price in Metro Denver is down 1.04% Month Over Month from $476,112 in July 2018.
The median home price in Metro Denver, Colorado
The median home price in Metro Denver is up over 7.6% Year Over Year from $378,650 in August 2017 to $407,500 in August 2018. The median home price in Metro Denver is approximately 1.8% less than the median home price in July 2018 of $415,000.
Number of Metro Denver real estate sales
There were 5,377 metro Denver real estate sales in August 2018, about 5.2% less than the 5,439 real estate sales in August 2017 and just 0.1% less than the 5,383 metro Denver real estate sales in the prior month. For August 2018, the highest number of sales occurred in the $350,000 – $400,000 price point.
Number of new Metro Denver real estate listings
There were 6,506 new Denver real estate listings in August 2018, which is about 3% more than the 6,314 new listings in July 2018 and about 3.7% more than the 6,276 new listings in August 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
There was an average of 1.572 months of inventory on the market in August 2018.
Median days on market for a Metro Denver, Colorado home for sale
At 10 days, the median days on market is 2 days more than August 2017 and 3 more days than July 2018.
Denver Realtor Reviews: Denver Real Estate Market Statistics August 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. We are experiencing a similar drop in buyer demand and drop in sales activity to what we experienced at this time last year, but perhaps slightly more dramatic, which is translating in prices below where they peaked in the spring as inventory increases.