Where Oh Where Do You Park in LoHi?

Here is a great article in the Denver Post about parking issues that have been been effecting LoHi.  Several new resturants and boutques that opened this past year have increased traffic to the area and made it difficult to find parking for those who live in the area, as well as for those wanting to patronize the local businesses.   The parking issues are only expected to get worse with the addition of 2 high-end apartment developments with first floor commercial to open within the next year.

http://www.denverpost.com/news/ci_19230116?utm_medium=facebook

For some the issue is doubled sided......it is the very businesses that attract people from other neighborhoods, increasing the traffic to the area and making parking difficult in front of your own home, that make LoHi such a desirable place to live and increase property values.

                                                          

Highland Quarterly Market Statistics........3rd Quarter 2011

Highland is a very diverse community, and the real estate market is no exception.  The homes in Highland vary significantly with older single family homes, newly constructed modern homes and townhomes and condos.  Keeping and eye on the sales activity in each of these catergories is important to help determine trends in the market, as well as help advise clients on the market.

                                                                                               
Single Family Homes
# of Sales  27
Median Sales Price  $270,000
Average Sales Price  $272,500
Average PSF  $209
Avergage DOM  114

New Construction/New Builds
# of Sales  26
Median Sales Price  $410,000
Average Sales Price  $496,500
Average PSF  $248
Average DOM  134

Condos

# of sales 13                                                                      
Median Sales Price  $230,000
Average Sales Price  $263,750
Average PSF  $233
Average DOM  57

Halloween Activities in the Highlands

There are many fun Halloween activites throughout the Highlands this coming weekend so get your costume together, pull out your favorite pumpkin carving knife, dress up your pet.......there is fun for every member of the household!

• Fourth Annual Highland Haunt - Saturday, October 29, 2011 11:00 a.m. - 3:00 p.m. On W. 32nd Ave. between Zuni St. and Clay St.  Costume parade and contest, trick-or-treating, jumpy castle, hay rides, face painting, balloon animals and live music.  http://www.highlandhaunt.com/
• Little Man Ice Cream Pumpkin Carving Contest - Saturday, October 29, 2011 2:00 - 4:00 p.m. Hot dogs, drinks, a live bluegrass band, pumpkins for purchase, jumpy castle and professional photographer.  All ages welcome!  Grand prize for most creative pumpkin! Costumes encouraged!  http://www.facebook.com/event.php?eid=117984354952669
• Halloween Critter Costume Contest - Saturday, October 29, 2011 12:01 - 2:00 p.m. at Chaffee Park on 44th and Tejon Street.  Coffee, hot Chocolate, donuts with a costume contest for pets to include cutest, scariest and most creative.  Also prizes for best person/pet pair costume and group costume.  http://www.sunnysidedenver.org/OurCommunity/Events/Item/103
• Trick-or-Treat on Tennyson - Saturday, October 29, 2011 10: a.m. - 2:00 p.m. on Tennyson St. between W. 38th Ave and W. 44th Ave.  Wear your costume while trick-or-treating at participating mechants along Tennyson Street.
• Trick-or-Treat Street - Sunday, October 30, 2011 12:00 - 2:00 p.m. in Highlands Square along W. 32nd Ave., Julian St. to Perry St.  Trick-or-treating to local merchants for candy and treats.  Face painting, pumpkin patch photo area and hay rides.  http://www.highlands-square.com/calendar.htm#trick

Have a FUN and SAFE Halloween weekend!             

Real Estate Market Snapshot - September 2011 - Highland and Its Neighbors




 September 2011 continued to be active in the Highland real estate market for single family homes.   Highland has not experienced the typical slow down usually experienced in late summer/early fall when school starts up again and people have other things on their mind than buying a house.  Historically low interest rates have played a role in the uptick of activity as buyer's want to take advantage of  the interest rates to get the most bang for their buck in financing.  Highland is also experiencing very low inventory of single family homes.  Serious buyers know they must be on their toes and when a good property comes on the market....they must bounce quickly....not much time to think about it!  It is definatley a seller's market and with the low inventory available it is a great time to put your home on the market!

Highland
# of Sales   10
Median Sales Price  $318,250
Average Sales Price  $258,350
Average PSF  $220
Average DOM  143

Months of Inventory 4.7                                                                 

West Highland, Sunnyside and Berkeley are experiencing much of the same.....the number of sales has remained fairly consistant through July, August and now September.  Again, historically low interest rates and low inventory play a key role in market activity continuing past the season summer sales.

West Highland
# of Sales  16
Median Sales Price  $367,500
Average Sales Price $374,500
Average PSF  $207
Average DOM  101
Months of Inventory  3.5

Sunnyside
# of Sales  10
Median Sales Price  $257,500
Average Sales Price  $258, 500
Average PSF $171
Average DOM  171
Months of Inventory  4.3

Berkeley

# of Sales  15                                                                                   
Median Sales Price  $309,500
Average Sales Price  $325,750
Average PSF  $198
Average DOM  108
Months of Inventory 2.6

2011 Highland Farmer's Market Comes to a Close

The close to the 2011 season of  the Highland Farmer's Market was this past weekend and although all good things must come to an end, the end of the market leaves a large void in my Saturday morning ritual.  The market, held each Saturday morning, June - mid-October, on Boulder Street in front of Lola and Vita, is not only a place for fresh fruits, vegetables, hand made soaps, organic dog treats and farm fresh eggs, but also a place to connect with the community, socialize with friends and meet new neighbors.   This was the third year of the Highland Farmer's Market and with live music, a jumpy castle, face painting, a variety of food trucks and the addition of bloody marys and mimosas, the market is a great place for the entire family to spend a sunny Saturday morning.  Although it was sad to say goodbye...I look forward to market season 2012!