Friday, May 15, 2009

The Elite Eight - Denver Neighborhoods with highest increase in home sales price

The May'09 Edition of the 5280 Magazine featured the article "Your Home is Worth More Than You Think". It included the list of “Elite Eight” neighborhoods, which are the Denver neighborhoods that saw the highest average sale price increases in 2008. These are:

Baker:
Lincoln Blvd, I-25, Sixth Ave and Alameda Ave
Average sold price $255,000
Change in ‘08 +8%

Berkeley East:

Sheridan Blvd, Federal Blvd, I-70 and 38th Ave
Average sold price $314,000
Change in ‘08 +7%

Cherry Creek:

University Blvd, Colorado Blvd, Sixth Ave and Alameda/Cherry Creek
Average sold price $1,161,000
Change in ‘08 +11%

East Highland:

Federal Blvd, I-25, 38th Ave and Speer Blvd
Average sold price $296,000
Change in ‘08 +7%

Platt Park South:
Lincoln Blvd, Downing St, Louisiana St and Yale Ave
Average sold price $402,000
Change in ‘08 +4%

Rosedale:
Broadway, Downing St., Evans Ave and Yale Ave.
Average sold price $360,000
Change in ‘08 +17%

University Hills:
Colorado Blvd, I-25, Yale Ave, and Hampden Ave
Average sold price $303,000
Change in ‘08 +6%

Wash Park East:
University Blvd, Franklin St, Alameda Ave and I-25
Average sold price $705,000
Change in ‘08 +8%


Source: 5280 Magazine
Link to Neighborhood Map ...

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