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Top 5 Denver Neighborhoods for Home Buying and Selling

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Top 5 Denver Neighborhoods for Home Buying and Selling

Top 5 Denver Neighborhoods for Home Buying and Selling

Denver neighborhoods just got a bit more interesting.

Using data based metrics, Land Title recently released the Top 5 Denver Neighborhoods for detached and attached properties as well as the Top 5 Trending Neighborhoods. Researching 2020 home sales across every neighborhood in the Denver metro area, Land Title compiled a list of some of the most successful and popular areas in which to buy and sell homes.

Using year-over-year sales volume, price per square foot, and average sales price as guidelines when grading, the finalists include some of well-known enclaves as well as some that people might find surprising.

Top 5 Neighborhoods for Detached Homes

Top 5 Denver Neighborhoods for Detached Homes

Clayton

Denver’s Clayton Neighborhood sits near Colorado Boulevard and I-70 allowing for great access into the city or out to the airport. Read more here about Clayton Denver).

Clayton 2020 vs 2019 2019 2020 % Change Total Difference
Closed 47 68 + 44.68 % 21
Avg. Price Per Sq Ft $444 $466 + 4.99% $22
Avg. Closing $ $440,143 $483,829 + 9.93 % $43,686
Stats By Land Title

Montclair

The Montclair/Mayfair neighborhood is considered one of Denver’s original suburbs, established in 1887. The present-day definition of “suburb” no longer describes this very urban and upscale neighborhood located just east of downtown Denver.  It is nestled within 6th Ave., Quebec St., Colorado Blvd. and Colfax Ave. (Read more here about Montclair/Mayfair Denver).

Montclair 2020 vs 2019 2019 2020 % Change Total Difference
Closed 119 150 + 26.05 % 31
Avg. Price Per Sq Ft $405 $461 + 13.82 % $56
Avg. Closing $ $640,475 $765,494 +19.52 % $125,019
Stats By Land Title

 

Overland

Overland neighborhood is one of the oldest areas of Denver having been one of the focal points of the gold rush of 1859. Its perimeter is the South Platte River, Yale, Broadway, and Mississippi. The influx of the 59ers was critical in establishing Colorado as a U.S. territory in 1861. (Read more here about Overland Denver).

Overland 2020 vs 2019 2019 2020 % Change Total Difference
Closed 25 45 + 80 % 20
Avg. Price Per Sq Ft $452 $449 – 0.47 % – $2
Avg. Closing $ $394,216 $462,644 + 17.36 % $68,428
Stats By Land Title

 

University

University neighborhood is aptly named as nearly one-quarter of its land mass is occupied by the University of Denver. The street boundaries are I-25, Downing, Amherst, Franklin, Dartmouth and University. (Read more here about University Denver).

University 2020 vs 2019 2019 2020 % Change Total Difference
Closed 103 162 + 57.28 % 59
Avg. Price Per Sq Ft $463 $489 + 5.74 % $27
Avg. Closing $ $595,215 $649,963 + 9.2 % $54,748
Stats By Land Title

 

Wellshire

Denver’s Wellshire Neighborhood is a short drive southeast of downtown Denver. It’s one of the last neighborhoods in Denver before crossing over into Cherry Hills Village. (Read more here about Wellshire Denver).

Wellshire 2020 vs 2019 2019 2020 % Change Total Difference
Closed 50 74 + 48 % 24
Avg. Price Per Sq Ft $410 $445 + 8.63 % $35
Avg. Closing $ $739,089 $811,598 + 9.81 % $72,509
Stats By Land Title

Top 5 Neighborhoods for Attached Homes

Top 5 Neighborhoods for Attached Homes

Congress Park

Denver’s Congress Park neighborhood is an urban oasis. It is a primarily residential neighborhood that has a plethora of brick bungalows and tree-lined streets. (Read more here about Congress Park Denver).

Congress Park 2019 2020 % Change Total Difference
Closed 73 104 + 42.47 % 31
Avg. Price Per Sq Ft $378 $390 + 3.12 % $12
Avg. Closing $ $310,146 $378,284 + 21.97 % $38,139
Stats By Land Title

Platt Park

This neighborhood is often referred to as Washington Park’s sister neighborhood as they bear many similarities in architecture and feel. Its boundaries are Mississippi, Broadway, Evans, Downing and Buchtel. (Read more here about Platt Park Denver).

2019 2020 % Change Total Difference
Closed 32 41 +28.13 % 9
Avg. Price Per Sq Ft $416 $466 +12.01 % $50
Avg. Closing $ $611,032 $750,951 22.9 % $139,920

Sunnyside

Sunnyside neighborhood has been reinvigorated over the last decade as a result of the growth of the Highland neighborhood as well as the inner city regions of Denver. This northwest Denver area is found between I-70, Federal, 38th Ave. and Jason. (Read more here about Sunnyside Denver).

2019 2020 % Change Total Difference
Closed 50 75 + 50 % 25
Avg. Price Per Sq Ft $387 $396 + 2.3 % $9
Avg. Closing $ $549,784 $604,858 + 10.02 % $55,074

University Hills

Denver’s University Hills Neighborhood is a quiet oasis, removed from the bustle of Downtown Denver. (Read more here about University Hills Denver).

2019 2020 % Change Total Difference
Closed 10 24 +140 % 14
Avg. Price Per Sq Ft $312 $327 +4.87 % $15
Avg. Closing $ $405,496 $479,351 + 18.21 % $73,856

West Highland

Denver’s West Highland Neighborhood is one of the city’s most desirable neighborhoods and is considered by many, including Travel + Leisure Magazine and National Geographic Traveler, to be a great place to call home. (Read more here about West Highland Denver).

2019 2020 % Change Total Difference
Closed 45 73 +62.22 % 28
Avg. Price Per Sq Ft $411 $458 +11.47 % $47
Avg. Closing $ $523,215 $572,574 +9.43 % $49,359

Top 5 Trending Neighborhoods for Attached Homes

top 5 attached neighborhoods denver

Fort Logan

Fort Logan is a historical neighborhood filled with early American heritage dating back to the late 1800s. Early residents flocked to this area as a way to capitalize on Denver’s railroad commerce. (Read more here about Fort Logan Denver).

2019 2020 % Change Total Difference
Closed 61 85 +39.34 % 24
Avg. Price Per Sq Ft $219 $237 + 8.48 % $19
Avg. Closing $ $242,574 $261,811 + 7.93 % $19,237

Hale

Hale neighborhood is an established Denver neighborhood that is witnessing a resurgence with the long-awaited redevelopment of the old University Hospital site at 9th Ave. and Colorado Blvd. Continuum Partners is pouring $500 million into the 26 acres site with over 1,000 new apartments, condominiums and townhomes. (Read more here about Hale Denver).

2019 2020 % Change Total Difference
Closed 86 97 +12.79 % 11
Avg. Price Per Sq Ft $321 $327 +1.73 % $6
Avg. Closing $ $292,144 $326,939 +11.91 % $34,794

Jefferson Park

Jefferson Park neighborhood is an area in northwest Denver that is witnessing major urban renewal and is conveniently located near the downtown business district. Its boundaries are Speer Blvd., Federal Blvd., Colfax Ave. and the South Platte River. (Read more here about Jefferson Park Denver).

2019 2020 % Change Total Difference
Closed 70 126 + 80 % 56
Avg. Price Per Sq Ft $423 $445 +5.11 % $22
Avg. Closing $ $552,111 $571,797 + 3.57 % $19,686

Lincoln Park

Denver’s Lincoln Park Neighborhood is a historic area located just south of downtown Denver and the Auraria campus. It is one of Denver’s oldest neighborhoods and includes many homes built in the early 1900s. (Read more here about Lincoln Park Denver).

2019 2020 % Change Total Difference
Closed 47 91 + 93.62 % 44
Avg. Price Per Sq Ft $383 $386 + 0.79 % $3
Avg. Closing $ $362,228 $375,932 + 3.78 % $13,704

North Capitol Hill

Capitol Hill Denver neighborhood is well known for its walkability, proximity to downtown and urban feel. This neighborhood’s boundaries are Broadway, Colfax, Downing, and 7th Ave. (Read more here about North Capitol Hill Denver).

2019 2020 % Change Total Difference
Closed 69 84 + 21.74 % 15
Avg. Price Per Sq Ft $394 $417 + 5.79 % $23
Avg. Closing $ $429,697 $452,351 + 5.27 % $22,654

Top 5 Trending Neighborhoods for Detached Homes

Top 5 Trending Neighborhoods for Detached Homes

Berkeley

The Berkeley neighborhood in Denver is a thriving community just west of downtown and home to the famous and eclectic shops on Tennyson Street. According to the Etymology Nerd, Berkeley got its name from the founders’ hometown of Berkeley Springs, Virginia. (Read more here about Berkeley Denver).

2019 2020 % Change Total Difference
Closed 167 197 + 17.96 % 30
Avg. Price Per Sq Ft $495 $536 + 8.35 % $41
Avg. Closing $ $692,058 $715,098 +13.68 % $86,040

Platt Park

This neighborhood is often referred to as Washington Park’s sister neighborhood as they bear many similarities in architecture and feel. Its boundaries are Mississippi, Broadway, Evans, Downing and Buchtel. (Read more here about Platt Park Denver).

2019 2020 % Change Total Difference
Closed 113 131 + 15.93 % 49
Avg. Price Per Sq Ft $504 $558 + 12.64 % $73
Avg. Closing $ $708,461 $833,724 + 6.46 % $83,061

Wash Park

Washington Park (known as Wash Park) is one of the premier neighborhoods situated in south-central Denver. Houses located near the 165-acre park boast both contemporary and Victorian architecture, and the majority of homes have been renovated. (Read more here about Wash Park Denver).

2019 2020 % Change Total Difference
Closed 147 196 + 33.33 % 49
Avg. Price Per Sq Ft $577 $650 +12.64 % $73
Avg. Closing $ $1,285,491 $1,368,552 + 6.46 % $83,061

Washington Virginia Vale

Denver’s Washington Virginia Vale neighborhood is located in southeast Denver, not far from the Cherry Creek area. It is found within the boundaries of Alameda, Dahlia, Cherry Creek Drive North and Quebec, and is home to one of the oldest historical landmarks in Denver. (Read more here about Washington Virginia Vale Denver).

2019 2020 % Change Total Difference
Closed 86 114 + 32.56 % 28
Avg. Price Per Sq Ft $351 $386 +9.92 % $35
Avg. Closing $ $539,407 $575,697 + 6.73 % $36,289

Whittier

Denver’s Whittier neighborhood is named after a school honoring John Whittier (1807-1892), an 1800’s American abolitionist poet. This area of Denver is witnessing a major change in its demographics as more professionals move to Denver’s inner-city neighborhoods. (Read more here about Whittier Denver).

2019 2020 % Change Total Difference
Closed 55 76 +38.18 % 21
Avg. Price Per Sq Ft $373 $411 + 10.32 % $35
Avg. Closing $ $561,059 $611,879 + 9.06 % $50,820
Written byAnton Usaj
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