Monday, July 23, 2012

It's Not Just About the Ice Cream

Saturday night in LoHi is hopping and the line is around the corner at Little Man Ice Cream.  This popular milk can ice cream shop draws people from inside and outside the neighborhood.  The ice cream alone is worth the trek, but the great thing about Little Man is that it is not just great ice cream, gelato and sorbet......visiting Little Man Ice Cream is an experience.  Throughout the summer Little Man offers Vintage Movie Nights, Blue Grass Sundays  and even a hula hoop contest.  Check out their events calendar that offers fun events for the entire family throughout the year http://littlemanicecream.com/calendar/.  It is great to see a successful business in the community go above and beyond for the betterment of the community as whole!  YAY Little Man Ice Cream!!!

Thursday, July 19, 2012

Quarterly Market Report - Highlands 2nd Quarter 2012

The Second Quarter of 2012 was extremely busy in the Highlands real estate market.  All areas saw a significant increase in the number of sales from first quarter 2012 to seond quarter 2012.  In most instances the average days on market (DOM) decreased as buyers had to act fast to get the property they wanted due to low inventory throughout the Highlands.  The largest increase in sales can be seen in new construction projects in the Highland/LoHi area.  The number of sales of new construction properties jumped from 3 in the first quarter to 24 in the second quater of 2012.  Many projects reached completion in the second quarter and buyers were able to close and move into their new property.  Developers are having no problem selling their properties in HIghland......in fact it seems as if new properties can not be built fast enough. 

HIGHLAND

Single Family
# of Sales                                       33
Median Sales Price                    $314,000
Avergae Sales Price                   $401,000
Avergae PSF                               $239
Average DOM                              59
Average List to Sold Price           94.1%
MOI           
                                    1.9
New Construction
# of Sales                                      24
Median Sales Price                     $540,500
Avergae Sales Price                    $569,800
Avergae PSF                                $255
Average DOM                              109
Average List to Sold Price           98.6%
MOI                                              1.14

Condos/Town Homes
# of Sales                                         21
Median Sales Price                      $315,000
Avergae Sales Price                     $315,250
Avergae PSF                                  $267
Average DOM                                 57
Average List to Sold Price             96.4%
MOI

WEST HIGHLAND

Single Family
# of Sales                                      82
Median Sales Price                  $353,750
Avergae Sales Price                 $363,350
Avergae PSF                             $230
Average DOM                             41
Average List to Sold Price         98.5%
MOI                                            1.4

New Construction
# of Sales                                      1
Median Sales Price                   $605,000
Avergae Sales Price                 $605,000
Avergae PSF                               $206
Average DOM                             324
Average List to Sold Price          97.7%
MOI                                              18

Condos/Town Homes
# of Sales                                     6
Median Sales Price               $232,250
Avergae Sales Price              $265,500
Avergae PSF                            $194
Average DOM                         56
Average List to Sold Price       94.1%
MOI                                          2.5

BERKELEY

Single Family
# of Sales                                  66
Median Sales Price              $299,200
Avergae Sales Price             $297,950
Avergae PSF                          $213
Average DOM                        72.6
Average List to Sold Price      98.5%
MOI                                           2

New Construction
# of Sales                                   11
Median Sales Price               $415,000
Avergae Sales Price              $444.750
Avergae PSF                            $209
Average DOM                           89
Average List to Sold Price      96.1%
MOI                                           3.5

Condos/Town Home
# of Sales                                      2
Median Sales Price                  $479,950
Avergae Sales Price                 $479,950
Avergae PSF                             $189
Average DOM                           79
Average List to Sold Price        98%
MOI                                            5

SUNNYSIDE

Single Family
# of Sales                                   53
Median Sales Price                $250,000
Avergae Sales Price               $248,500
Avergae PSF                            $177
Average DOM                         41.5
Average List to Sold Price       97%
MOI                                          1.81

New Construction
# of Sales                                     0
Median Sales Price                     0 
Avergae Sales Price                    0
Avergae PSF                                0
Average DOM                             0
Average List to Sold Price          0
MOI                                             0

Condos/Town
# of Sales                                   2
Median Sales Price                $179,500
Avergae Sales Price              $179,500
Avergae PSF                           $209
Average DOM                         27
Average List to Sold Price       98.6%
MOI                                          2

Monday, July 9, 2012

Highland 4th of July Parade

This year was the 5th Annual Highland 4th of July Parade and once again the event drew many families, nieghbors and business owners to the parade and picnic in the park.  The festivities began with an old fashion parade led by a vintage fire engine from the Berkeley Gardens fire department.  Scores of children and adults on decorated bikes, wagons, roller blades and scooters followed behind.  The parade route went down W. 32nd Ave. ended in Hirshorn Park for live   music, hotdogs, a bouncy castle and games.  Children lined up to participate in the three legged, potato sack and wheel barrow races while their parents cheered them on and awaited their chance to participate in the races as well.  The Firemen from Station 7 stopped by to provide a surprise cool down to the crowd by spraying us all with their fire hose which then kicked off the water balloon fight (2,500 water ballloons!!!).  The event wound down with a 60 foot ice cream sundae provided by Little Man Ice Cream.  Children lined up for an opportunity to dig into the giant sundae topped with whipped cream, spinkles and chocolate sauce.  This is a great family event that has grown in attendance year after year.  It provides a fun and safe environment for the kids and allows friends and neighbors to gather to celebrate the holiday.  As the neighborhood continues to draw more trendy bars and resturants, and as Highland is touted in news papers and magazines as the "hip" and "hot" neighborhood in Denver, it is nice to experience the sense of small town and community which originally drew many of us to Highland before it really took off.