Foothills – Quarter 3 2019
Sitting at the gateway to the mountains, the Colorado Foothills give its residents unbeatable views of the Front Range and wide-open spaces. This area is ideal for those who want the best of both worlds, access to the city and scenic landscapes.
LIV Sotheby’s International Realty produces a Foothills Micro Market Report comparing real estate activity for Q3 through 2019 to the same time frame of 2018. A significant highlight from this year’s report includes a 52.8% increase in average price for Hagen Ranch, bringing the new average price in 2019 to $1,203,000, from $787,238 for 2018. Spring Ranch also showed a notable increase in average price of 32.8%, to $1,665,000 in 2019.
Seven neighborhoods saw an increase in listings sold through Q3 of this year, compared to that of 2018. Those neighborhoods include Brook Forest (+46.7%), Conifer Mountain (+36.4%), Evergreen Highlands (+50%), Evergreen Meadows (+11.8%), Evergreen Park Estates (+12.5%), Hiwan Hills (+21.4%), and Riva Chase, which saw the highest increase of 66.7%.
Although each neighborhood throughout the Foothills is uniquely different and performs as such, there is something for everyone, both buyers and sellers, near the Front Range. This report details each neighborhood to provide an overview of January through September 2019 results compared to the same time frame of 2018 for average price, average price per square foot, average days on market, highest price, properties sold, and percentage sold-price to list-price.
This Colorado Micro Market Report Includes real estate data statistics for the following neighborhoods (single family, unless otherwise indicated): Bear Mountain, Brook Forest, Conifer Mountain, Evergreen Highlands, Evergreen Meadows, Evergreen Meadows West, Evergreen Valley Estates, Genesee, Hangen Ranch, Hiwan Country Club, Hiwan Hills, Lookout Mountain, Mt. Vernon Country Club, Ridge at Hiwan, Riva Chase, Shadow Mountain, Soda Creek, Spring Ranch, Tanoa, and Upper Bear Creek.