Eden Real Estate – Eden Realestate Region, Bega & Merimbula

The general market downslide has been avoided by the Denver Real Estate market. There are many of reasons that Denver real estate is doing well compared to the rest of the market. The city has been able to sustain a median home value of near $292,000. The Denver real estate market is very desirable at this time because of this. The city Houses fascinating mountain views and many outdoor activities with 550,000 residents even though it is literally a mile high at 5,280 feet.

Throughout Denver you will find many activities that residents enjoy doing such as the Denver Center for the Performing Arts. This arts center happens to be the second largest arts center in the nation. The Red Rocks Amphitheatre is carved out of red boulders and is another attraction that many Denver residents enjoy.

Renters and home owners are split amongst the population almost 50/50. In Denver you will find that single family detached homes account for about half of all of the homes. Another almost 40% are complexes or high rise apartments. The fact is that the Denver real estate market leans towards single family homes.

There is a wide range of home sizes in Denver from as little as no bedrooms to houses that have more than 5 bedrooms. 2 bedroom homes are the majority of the homes in the area with 32% of the market however 1 bedroom homes do have 25% of the market and 3 bedroom homes have 23% of the market.

The Denver real estate market is also geared towards its historic past. In fact, only 5% of the homes in the area are homes that post date’95. 42%, almost half of the Denver homes were built between’40 and’69. Homes built before’39 are considered historic homes on the Denver real estate market.

Over half of the Denver real estate market falls between a home value range of $155,000 and $311,000. In addition you will find that’% of homes fall between $311,000 and $467,000 for home values. These two ranges alone account for more than 2/3 of the homes in Denver.

Condominiums are another large part of Denver living that have a huge part in the real estate market. The condos are often preferred over homes as they have several advantages over home owners. Luxurious condos exist near downtown Denver which give residents a luxurious place to live while still being close to downtown.

If you’re in the market for a home in the Denver area you will find that most of the houses you look at fall between an affordable price range of $155,000 and $467,000. Another important fact is that the median size of homes is 1,254 square feet. This averages out to about $180-$200 per square foot for a home. Because the Denver Real Estate market is a buyer’s market and is popular, it is able to be more stable than other markets in the country.

Rodolfo Canon is a Denver realtor with the Canon Colorado Team who have been frequently quoted by the Denver Media as Denver real estate experts. Rodolfo can help you get the Denver real estate that you’re looking for. Make contact today by visiting them at Denver Real Estate or Denver Homes for Sale!

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