Foothills | Q1 2020
Sitting at the base of Colorado’s Rocky Mountains, the Foothills is a collection of neighborhoods within Jefferson County that present residents with the unique opportunity to live near nature while still having access to community conveniences. These 20 different neighborhoods including Genesee, Hiwan Hills, and Lookout Mountain to name a few, offer those who live there scenic landscapes, mountain vistas, and open spaces all within a reasonable driving distance to Denver.
LIV Sotheby’s International Realty produces a Foothills Micro Market Report comparing real estate activity for Q1 of 2020 to the same time frame of 2019. The community of Tanoa saw the most noticeable increase in properties sold, with four homes sold through March of this year compared to one home sold during the same time period last year, a 300% increase. Other areas saw rises in average home prices, such as Genesee. This community experienced a 31.1% increase in average home prices, making the average price for a listing in this area $1,105,140 in 2020. Evergreen Meadows had a significant decrease in the average days on market. On average during Q1 of this year, homes in this area were on the market for 13.6% less time than they were in Q1 of 2019, bringing the average time a home spent on the market to 76 days.
For consumers looking for a Colorado home close to the mountains without committing to the resort lifestyle, the Foothills are an ideal balance of space, nature, and modern conveniences.
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.