#AndTheWinnerIs #DenverMarketWatch 2018

Piece of the PieI will not make you wait, Denver County hits it out of the park for 2017, as well as years past.  It’s attached style living units’ dollar volume is increasing every year.  The chart below outlines the Winner and those that are close.  The percentage of the market highlights that differential with Detached and Attached Living Units.

With all the “Infill” development taking place within our urban core, Denver will continue to lead this trend in the foreseeable future.

Residential Dollar Volume All Types by County

County Name

Residential Dollar Volume Detached Single Family by County % Of the market Detached Single Family

$6,281,852,469

Denver

$3,970,683,931

63%

$4,864,641,223

Arapahoe

$3,823,704,429

79%

$4,531,403,007

Jefferson

$3,783,029,034

83%

$3,955,969,441

Douglas

$3,561,941,577

90%

$2,922,261,953

Adams

$2,453,606,850

84%

$1,538,425,011

Boulder*

$1,289,737,378

84%

$24,094,553,104

Total

$18,882,703,199

78%

*Boulder County Reports to REColorado and IRIS MLS Systems.  This report only includes REColorado.

The overall market being 78% Detached demonstrates the transition over the last 10 years toward more attached living units coming into the marketplace.  We predict this trend will continue in the years to come due to the high cost of land in this market.

If you have any questions, please reach out.  Thank you!

About Tom & Dee Cryer

Your Trusted Advisors in the Homeownership Business! TheCryerTeam@Kentwood.com
This entry was posted in Denver Market Watch, Denver Real Estate, Denver Transferees, Uncategorized. Bookmark the permalink.

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