Real Estate in Denver
Denver, Colorado, is the capital to the state and is situated within a county of the same name. Elevated one mile above sea level, its 650,000 residents are among the nearly 2.7 million living in a ten-county metropolitan area.
The Mile High City has the distinction of being the third most populated in the Mountain West and was founded in 1858. Part of the original Gold Rush which engulfed many residents at the time, it has a long, rich history, and was the host city of for the Winter Olympics in 1976. It boasts a long and prosperous agricultural commerce and the namesake of several U.S. warships.
The real estate market in Denver is quite active. The average listing price for a residential property in the city is near $582,000 and the median sales price is $277,000. The average price per square foot is $261 and the number of distressed properties currently listed for sale is approximately 43 percentage, which presents an opportunity to purchase a home at a discount.
There are many neighborhoods within the city of Denver, but the most popular and the ones with the most market activity include Green Valley Ranch, Stapleton, Capitol Hill, Five Points, and Cherry Creek. Other neighborhoods that are showing real upward activity are Auraria, Marston,Speer, Harveys Park, and City Park.
Economy in the Area
The MSA or metropolitan statistical area boasts a hefty and robust gross metropolitan product of some $158 billion, securing its place in the top twenty slot of the largest metro economies in the entire United States. The city has been and is currently home to some of the biggest corporations in the country, and its high-profile sports franchises contribute to the local economy substantially.
Because of its well-positioned geographical location, it serves as a hub for the transport of goods to Chicago and Saint Louis to the east and Los Angeles and San Diego to the west. It also serves quite a bit of the midwest and of course, the mountain west, as well as destinations to the northwest.
Things to See and Do
Since the city is so large and has an activate population, there are many things to see and do within city limits, as well as the surrounding metropolitan area. Professional sports being just one such example, along with a healthy variety of museums, a zoo, art galleries, an aquarium, convention center, and botanic gardens.
There is no shortage of fare dishing eateries, which are quite diverse in atmosphere and menu choices. Plenty of retail shopping establishments can be found throughout the city and one never need look far for a whole host of entertainment and outdoor recreational opportunities.
Our Community Information – Denver, Colorado provides local and national resources to assist you in making an informed decision when choosing where to live.
Please click on the links located below on the Map or Directory to view community information for Denver, Littleton, Centennial, Englewood, Cherry Creek, Denver Country Club, Sloan’s Lake, Congress Park, Hilltop, Crestmoor, Platt Park, Bonnie Brae, City Park, Washington Park and Park Hill Colorado.
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