This Week in Central Park Denver Real Estate 8.30.24
Happy Labor Day weekend! Grab a cup of coffee and coast into the long weekend by perusing the latest real estate from around the neighborhood. We have multiple new listings to share with you as well as the details on 6 available homes for rent in the area!
Before we jump into the real estate, here are two posts about business updates you may want to check out this holiday weekend.
New Mural at Second Dawn Brewing – Got time for a beer on the patio this weekend? Second Dawn Brewing has a brand new mural, more seating, new plants and a great pergola to keep you cool in the late summer heat. If you haven’t been in a while this is the perfect weekend to swing by.
New Businesses in Summit County – Headed to the mountains this weekend? This fresh blog post from our mountain real estate broker partner, Emily Lawless, will give you details on 5 new Summit County businesses you may want to weave into your Labor Day weekend plans!
Enjoy these types of updates? Want to stay in the know on Central Park? Follow the Central Park Scoop on Facebook, IG and YT!
On to the neighborhood real estate…
New Listings
This week 14 new and coming soon resale listings hit the market in Central Park.
Here is one of our most walkable favorites for the week:
10737 E 26th Ave: $869,000
This 4-bedroom David Weekley Home is right in the triangle between Anschutz Medical Campus, Stanley Marketplace and the Eastbridge Town Center. If you’re looking for something walkable/bikable to a lot of places, this is one you’ll want to check out! On the main level, we think buyers will love the open layout, the easy connection to the covered patio/backyard and the private home office. Upstairs features the 3 bedroom layout many buyers are looking for, and lastly the finished basement includes a media room equipped with ambient theater lighting, built-in speakers, surround sound, and an included projector and screen! For more info you can navigate yourself through our 360 tour here! Listed by Joe Phillips with Focus Real Estate. (My contact info is at the bottom of the post!)
Under Contract Homes
There were 12 homes that went under contract in Central Park in the last week. The median “Days on Market” for these homes, meaning the time from when it was listed to when it went under contract, was 42 days. That time frame has extended throughout 2024 and is much longer than sellers were used to waiting in previous years. As agents, we’re working to help our sellers understand that you have to have homes priced right, looking great via staging, and even then homes are not moving as fast as they were. There is more balance in the market between buyer and seller and there are just fewer qualified buyers due to affordability issues caused by high interest rates, increases in housing-related costs (insurance/taxes), and the high cost of homes in Denver in general. You can still get your home sold, but it’s oftentimes going to take a little longer than last time you sold a home.
Sold Homes
There were 9 homes that closed in the past week, in a variety of price segments. You can see those in the link above.
Total Active Central Park Listings
There are 105 total resale active resale listings on the market in Central Park right now. This is slightly up from around a month ago. In general, inventory has trended up, which is similar to what we see in the Denver market as a whole. Year over year, total listing inventory is up around 68% based on the Denver Metro Association of Realtor (“DMAR”) statistics for July. That’s a large increase as a percentage, but we were starved for more listings last year and were near record lows, so some more options on the market is a good thing.
Here is one active listing we have in the neighborhood we wanted to make sure you don’t miss:
6102 Akron St: $1,600,000
This 5 bedroom, Thrive “Panacea” home with over 4,400 finished sq ft is a complete mid-century style stunner! Not only is the style right up my alley, but it has several rare features that really make it stand out. For example, I love the massive covered back porch facing out onto the spacious yard. That alone is very rare in the neighborhood. Plus, this one faces the West and has amazing mountain and city views. My favorite view is from the seating area off the primary bedroom — it has panoramic views of the downtown with the mountains perfectly positioned in the background. Add in the super energy efficiency/owned solar array construction and you have a home that’s not only beautiful but also smart! (The July Xcel bill was $44!)
Want more info? You can click on the link above for the listing, here is our 360 self-guided tour, and here is our drone tour. Listed by Joe Phillips with Focus Real Estate.
Central Park Homes for Rent
Did you know that Focus Real Estate not only helps people buy and sell in the neighborhood, we also manage rental properties.
We currently have a range of rental properties available in and near Central Park, from fully-furnished carriage houses to spacious single-family homes. Here are six of our available homes:
- 2993 Emporia St – $2,195/month
A cozy 2-bedroom condo in Central Park available now! Perfect for anyone looking to settle in a great neighborhood. Learn more and view photos here.
- 8156 E 33rd Ave – $2,250/month
A fully-furnished carriage house with all utilities included, available from September 20th. This property offers flexible lease terms to accommodate various needs. Learn more and view photos here.
- 2330 Joliet St – $2,675/month
A renovated 3-bedroom home with a 2-car garage on a large lot near Anschutz, available now. This home combines modern updates with a prime location. Learn more and view photos here.
- 5823 Hanover St – $2,850/month
A beautiful 3-bedroom KB paired home facing open space in North End, available now. Enjoy the serenity and natural beauty of the area right outside your door. Learn more and view photos here.
- 2271 Oakland St – $2,875/month
A completely remodeled 4-bedroom home just minutes from Anschutz Medical Campus. This home offers a blend of modern amenities and convenience. Available now! Learn more and view photos here.
- 2874 Syracuse Ct – $3,250/month
A stunning 3-bedroom townhome with a yard, just a short walk to 29th Ave Town Center. This home offers both style and accessibility to the best of Central Park living. Available now! Learn more and view photos here.
If you’re interested in any of these homes, text Joe Phillips at (720) 299-1730 for showing information.
Well there you have it, our real estate update for the week! My contact info is below. If we can be of service in any way please reach out. Enjoy the holiday weekend!
**Focus sells homes for a 2.0% – 2.5% listing commission. Neighborhood experts, flexible commissions**
Disclaimer: Our Friday real estate updates are meant to be a “roundup” type post where we discuss all listings in Central Park, not just our own. It’s our way of making sure we follow the market closely and we share it with the Scoop readers because we know many of you like to track real estate in the area as well. Many of the listings in these posts are not our company’s listings and we wanted to mention that here to make sure it’s clear. Thanks for reading the Scoop!
