Metro Denver Real Estate
The Mile High City
The Mile High City, Metro Denver area is comprised of seven of the most vibrant and thriving counties in the United States: Adams, Arapahoe, Boulder, Broomfield, Denver, Douglas and Jefferson. This is a business-friendly region of vast scenic beauty. The area has repeatedly been acknowledged as one of the country’s choicest destinations to live and work.
Metro Denver’s largest city is Denver, a 4,531 square mile area of some 2,700,000 people, linked to its neighboring counties and sixty communities by a well-run and superbly efficient transportation system.
South Denver is the fastest growing area of the Metro Denver Area. These Areas include Highlands Ranch, Parker, Castle Rock, Arvada and Littleton.
An ever expanding and highly diverse business base continues to cultivate a climate conducive to attracting the most viable of growth industries including aerospace, financial, energy, science and technology/software.
Ranked among the world’s major cities, Denver offers residents and visitors alike myriad cultural and recreational choices as well as dining and entertainment experiences equal to those found anywhere.
Residents of Colorado are known for their love of the outdoors and Denver obliges its citizens with the largest public parks system of any city in the United States, and with an average of three hundred days of sunshine, outdoor activities can be enjoyed year-round.
Families contemplating a move to the Metro Denver area will be comforted by the fact that the public school systems offer open enrollment. Under this system, parents can enroll their children in any school district that can accommodate a student’s individual needs. Additionally, there are numerous private and parochial schools servicing the area.
Despite a vital and booming economy and an area attractive to young professionals, families and retirees alike, the housing market remains affordable in comparison to many other major metropolitan areas. Additionally, the Metro Denver area offers a wide choice of housing from single bedroom lofts to sprawling estate homes.
Median priced single family homes can average from the mid to high $200,000s, and there are often opportunities to purchase properties in need of repair for less, depending on the extent of repairs needed.
Metro Denver’s extensive and dependable transportation system, coupled with available employment opportunities, offers those in search of more options with regard to location and housing costs to locate to adjoining communities.
As an example, median home prices in Adams County now average in the low $200,000s and Jefferson County in the mid $200,000s. However, Douglas County, prospering from job growth and high income has a costlier housing market with median single family home prices currently hovering around the low to mid $300,000 price range.
For those considering location from other parts of the country or current Metro Denver residents planning to sell or buy, keep in mind that regardless of interest rate fluctuations creating buyer or seller favorable markets, your wisest first decision is to contact a real estate agent with experience in your area of interest. He or she will be your guide to establishing a realistic selling price or finding a real estate purchase of affordable value.