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Homes selling for $1 million or more quadrupled in the Denver area from 2016 to 2021, with 1,353 in 2016 and 5,548 in the first 11 months of this year.
Denver entrepreneur Matt Bliss makes hundreds of The Modern Christmas Tree in his condo every year. The futuristic, minimalist trees are based on a 1966 design by his grandfather, who
It’s a seller’s market again for downtown condos
BusinessDen file)
The lull in downtown Denver’s condo market appears to have ended.
In Denver’s 80202 ZIP code, which encompasses most of downtown, there were 99 active listings and 2.8 months of inventory at the end of April, according to MLS data. Anything under six months is considered to be a seller’s market.
“We anticipated an inventory crunch by the end of summer, but it seemed like it happened overnight when the governor announced his hope for a ‘close to normal Denver’ by the end of summer in March,” said Lori Greenly, founder of Denver-High Rise Living, which specializes in condo sales. “That one message seemed to be our turning point.”
Top home sales: $6.5M Boulder property was the priciest purchase in March
Courtesy of LIV Sotheby’s International Realty)
A video game designer in Boulder leveled up last month with the $6.5 million purchase of a modern custom-built home sitting on five acres, earning the top spot among local home sales in March.
David Speyrer, a programmer and designer for Washington-based video game developer Valve Corp., bought the 6,247-square-foot house at 1357 S. Cherryvale in Boulder on March 5.
Speyrer has worked for Valve since 1999 and has helped develop first-person shooter games, such as “Half-Life 2” and “Left 4 Dead,” according to his LinkedIn.
Sellers Mark and Angela Heisten purchased the property in 2016 for $2.75 million, according to property records. Mark Heisten is a scholar in residence for advertising strategy at the University of Colorado Boulder.