News

Downtown condo development to be built at Union Station

downtown condo

Downtown condo development to be built at Denver’s Union Station. The 19-story, $200 million, 342 condominium project is called The Coloradan and is expected to break ground next summer and will be the first downtown condo development since 2009. The project is located at 1750 Wewatta St., between the train platform and the Whole Foods-anchored…

Colorado home prices up 12% year-over-year in October 2015

Colorado home

Colorado home prices up 12% year-over-year in October 2015. The average price of a home, including both detached single-family houses and condominiums reached $363,718 in October compared to $323,714 in October 2014. However, the inventory of active home listings did increased 6% year-over-year, according to the latest data from the Denver Metro Association of Realtors….

Another apartment tower to be build in Golden Triangle

apartment

Another apartment 274-unit – 18-story tower to break ground in Golden Triangle at 1250 Cherokee St. The apartment tower Eviva Cherokee is expected to be completed in fall of 2016 and will feature studios, one and two-bedrooms, and two-story walk-up townhomes. The apartment tower is located next to the museum district and is developed by…

Rino Denver breaking ground on 24-unit condominium project

rino denver

Rino Denver neighborhood have broken ground on a 24-unit condominium project called Factory Flats. The project is expected to be completed by mid-2016 is located at 3198 Blake Street. Condos at Factory Flats will range in size from 1,188 to 1,456 square feet and in price from $465,000 to $555,000. The Rino Denver neighborhood has had a…

Denver area house prices set another record

Denver area house

Denver area house prices set another record for a single-family detached home in Metro Denver area in April 2015, reaching $402,302 according to Multiple Listing Service REcolorado. This represented an 11% increase in sale prices compared to April 2014 and a 2% increase from March, while pushing the average days on the market down to…

Apartment rents in Denver jump 13%

rents

Apartment rents in Denver jump 13% in first quarter from a year ago according to the Apartment association of Metro Denver. The median rent for all sizes of units metro wide hit $1,158 per month, up from $1,021 a year ago, while average rent increased to $1,204 per month from $1,073 a year ago. Both…

Denver home supply tightens

Denver home supply

Denver home supply tightens as inventory of available homes and condominiums drops 32% compared to a year ago.  Total inventory in March of available homes and condominiums stood at 4,112 compared to 6,098 a year ago. Available detached homes accounted for 3,325 which was a 31% decrease while available condos dropped to 787, a 35%…

12-story condo tower coming to Sloan’s Lake

condo tower

A 12-story condo tower coming to Sloan’s Lake with the approval from Denver City Council. The approval allowed the Denver-based NAVA Real Estate Development to build a 226 condo tower at 17th Ave and Stuart St. RNL will be the architect and construction is slated for spring of 2016 with an anticipated completion of 14…

Another apartment tower coming to Denver

apartment tower

The apartment tower called the Confluence is a 288 unit 34-story glass luxury apartment tower located at 15th and Little Raven St. PM Realty has already broken ground and expects completion by 2017. The developer PM Realty Group and partner National Real Estate Advisors LLC purchased the 1.21 acre site located next to Confluence Park…