DENVER REAL ESTATE

We specialize in Denver real estate.

If you want to see one of the hottest real estate markets in the U.S. set your sights on Denver, Colorado. The Mile-High City has beautiful homes, and plenty to do. Why wouldn’t people want to come live in Denver? Recent statistics show they’re coming in droves, making Denver and its surrounding suburbs one of the fastest-growing metro areas in the country.

With more than 300 sunny days per year, and one of the fittest populations in the US, Denver is a great market for buying or selling real estate. We are extremely knowledgeable about Denver and the surrounding neighborhoods.

Denver at a Glance

Let’s learn more about the Denver real estate market including demographic statistics, cost of living, and all the neighborhoods and suburbs of Denver so you know which areas deserve your attention. It’s difficult to digest the Denver real estate market at a glance but we’ve given you the need to know info.

Denver Real Estate Demographics

  • Population 715,878 (city) 2,963,821 (metro)

  • Median Age: 34.6

  • Married: 39.61%

  • High School or Higher: 18.05%

  • Bachelor’s Degree or Higher: 29.77%

  • Homeowners: 50.45%

  • Median Home Price: $684,550

  • Median Income: $40,997

  • Unemployment: 4.0%

  • Driving Distance DTC: 13.2 mi

Takeaways from Denver Real Estate Demographics

Denver is growing and quickly. One of the fastest growing metro markets in the country, the new Denver resident is young, educated, and employed. The entire Denver metro market has seen a boom from downtown Denver, to the surrounding suburbs, all the way north to surging oil and gas towns. While the population is booming, housing hasn’t kept up on inventory, making Denver one of the most competitive real estate markets in the country.

According to cost-of-living resource Best Places, Denver ranks high above the national average index of 100 with a cost of living at 127.8. Denver’s biggest drags come from transportation and you guessed it – housing costs. Out of a national average of 100 Denver scores 225.6 in housing costs.

Once considered a cow town, Denver has come a long way. The city has everything you would expect of an established major city like fine dining, museums, parks, sports, live entertainment, and much more. For example, Denver residents can watch the Broncos at Empower Field at Mile High, see nationally acclaimed traveling exhibits at the Denver Art Museum or take a leisurely stroll or bike ride on the Cherry Creek Trail.

Most Popular Denver Neighborhoods

There’s hardly a Denver neighborhood that hasn’t been revitalized or seen a population increase over the last two decades. Neighborhoods that were once industrial like River North (RiNo) or hardly existed at all like Lowry are now open for business. The fastest growing central Denver neighborhoods include:

  • Central Platte Valley
  • Ballpark
  • Central Business District
  • RiNo
  • Golden Triangle

Most Popular Denver Suburbs

Most Popular Denver Suburbs

Denver Suburbs Over 100,000 residents

  • Arvada
  • Aurora
  • Centennial
  • Lakewood
  • Thornton
  • Westminster

Fastest Growing Denver Suburbs

  • Frederick, CO
  • Firestone
  • Erie
  • Lone Tree
  • Lochbuie

Signs the Times are Changing for Denver Real Estate

Denver’s housing affordability issues are no secret. With low inventory, a growing population, and few new construction projects, affording a standard home in Denver and its surrounding neighborhoods is tough.

Buying Real Estate in Denver

Here’s a great question if you want to invest in Denver real estate – what are you going to buy? The current Denver housing market has seen extremely low inventory over the past several years making finding and purchasing a home a highly competitive process.

If you’re able to find a worthwhile home or property expect to pay higher than the national average. There are two important words for buying Denver real estate – good luck.

Selling Real Estate in Denver

While Denver’s inventory continues to be low, price increases have slowed making it more attractive for buyers. We advise serious sellers to price the property to sell to reduce time on market. Patience and realistic expectations will make the process less stressful.

Closing the Deal in Denver

Like the Rocky Mountains surrounding the city, Denver real estate has plenty of peaks and few valleys. Every Denver neighborhood and suburb is competitive, so expect low inventory and competitive bids if you put a home in the market or are looking to buy. For now, Mile-High real estate provides excellent opportunities for sellers and developers – if you can get your foot in the door.