In a bit of good news for area home buyers, the median home price in metro Denver remained unchanged in June, which may be a signal that the real estate market in the Mile High City is hitting its
Round Up Of Denvers Hottest Neighborhoods
With so much growth in the Mile High City and suburbs, just where is everyone moving to? According to “Hot Hoodz,” a recent report released by Boulder-based zavvie, a national HyperLocal and social media real estate marketing startup, some of Denver’s hottest neighborhoods include West Colfax and Chaffee Park, Old Town in Windsor, Downtown Colorado Springs, and Keewaydin in Boulder.
How were the neighborhoods selected? Based on three factors, says zavvie COO Stefan Peterson:
Median Home Price Appreciation
Social Media Engagement Per Neighborhood
West Colfax (Denver): Median Home Price Appreciation/12 months – Up 14.7%
Once nicknamed “No Man’s Land” because it was sparsely settled; West Colfax now encompasses a vibrant scene. Residents enjoy being close to downtown, the Light Rail, the Highlands and Jefferson Park areas, and there are plenty of new retail developments going on in the area.
Chaffee Park (Denver): Median Home Price Appreciation/12 months – Up 16.5%
Chaffee Park is named after one of the founders of Denver, Jerome Chaffee, whose daughter married Ulysses S. Grant Jr. This area has been on the upswing for years, with new families moving into homes that are attractively priced compared with the nearby neighborhoods. It’s a great place to live, mixing an urban feel with a wholesome old neighborhood atmosphere.
Keewaydin (Boulder): Median Home Price Appreciation/12 months – Up 27.5%
The town’s name means "the Northwest wind" and comes from the poem, The Song of Hiawatha, by Henry Wadsworth Longfellow. What makes Keewaydin great is its affordability in relation to many other areas of Boulder.
Downtown Colorado Springs: Median Home Price Appreciation/12 months – Up 12.4%
Some of the homes here date back to the late 1800s, and with all the excitement of new businesses coming in, people are finding Downtown Colorado Springs has a lot to offer. Buyers really value the historic homes, and demand is high while inventory is still low.
Old Town Windsor: Median Home Price Appreciation/12 months – Up 15.6%
Windsor was known as “half-way house” in 1873 because it was halfway between Ft. Collins and Greeley. Today, the charm of the tree-lined streets and classic architecture is certainly a big draw, and the Old Town area has to offer.
Ready to start checking out some of these popular ‘hoods? Contact Metrowest today – we’d love to show you around!
DAVE NELSON, 4-time 5280 Magazine 5 Star Real Estate Professional. Dave’s career in real estate has chronicled more than 15 years. Known as a true real estate professional, Dave is experienced i....