Top Neighborhoods
Here are the top neighborhoods in the area, according to 5280 magazine. If you would like to read the whole article, here it is.
- South Park Hill
Why it’s a safe bet: Location and lack of buildable land
Average Price: $456,000; 5% increase from 2006-2007 - Old Bonnie Brae
Why it’s a safe bet: Location, schools and lack of buildable land
Average Price: $904,212; 13% increase from 2006-2007 - Highland and West Highland
Why it’s a safe bet: Proximity to downtown and strong neighborhood organizations
Average Price: $305,011; 4% increase from 2006-2007 - Washington Park
Why it’s a safe bet: Location, decent schools, the park and reputation
Average Price: $654,000; 9% increase from 2006-2007 - Ken-Caryl Valley
Why it’s a safe bet: Location in foothills, Jeffco schools and scarcity of buildable land
Average Price: $564,000; 5% increase from 2006-2007 - Mayfair
Why it’s a safe bet: Location near hospitals
Average Price: $671,000 (Montclair and Hilltop); 10% increase from 2006-2007 - Congress Park
Why it’s a safe bet: Location, strong elementary school and park
Average Price: $408,000; -2% from 2006-2007 - Cherry Hills Village
Why it’s a safe bet: Steep price tag keeps real estate fluctuations at bay, location
Average Price: $2,016,500; 7% increcase from 2006-2007 - Country Club
Why it’s a safe bet: Low inventory, location, price tag
Average Price: $1,082,000; 26% increase from 2006-2007 - Louisville
Why it’s a safe bet: Great schools, upcoming rail access and proximity to jobs
Average Price: $392,000 in 2007 and early 2008; up 7.3% from 2006 - Highlands Ranch
Why it’s a safe bet: Larger homes for families and good schools
Average Price: $319,000; 1.5% increase from 2006-2007 - Berkeley
Why it’s a safe bet: Location, housing options and very walkable
Average Price: $274,000; 5% increase from 2006-2007 - Stapleton
Why it’s a safe bet: Good schools, location, upcoming light rail and an established identity
Average Price: $454,000; 4% increase from 2006-2007
If you have any questions about this list or about other neighborhoods, feel free to contact me anytime!
Drew