Before we dive in, did you know that our 8 brokers have more than 25 buyers currently looking for new homes in Central Park and other neighborhoods around Denver?
Scroll to the bottom of this post to see exactly what our buyers are looking for!
So … why am I leading with our buyer needs here at Focus Real Estate?
Well, this might not be surprising if you’ve been following the local real estate market. But the short story is it’s perhaps as challenging as its been in years on the buyer side to find a wonderful home. While many of our buyers have been fortunate to find homes, the reality is the market is very competitive.
Through the end of February listings were down 12.44% from the same time period in 2021 according to the Denver Metro Association of Realtors. Closed homes are down 13.31% through the end of February as compared to 2021 as well.
So the supply of homes to purchase is down, and closings are down.
But never fear, there’s good news if you’re a buyer!
There are still hundreds of listings going live every week around Denver, and our buyers are still successfully contracting on homes all the time. Also, interest rate headwind is (perhaps) going to dissuade some buyers from moving forward and purchasing. And as we march into the spring we’re anticipating more listings to go live, which should help with the supply issue.
Our brokers here at Focus – and certainly our many wonderful buyers – would love to hear about your listings and MLS coming soons*, so please reach out to me or any of our brokers ([email protected]).
Speaking of the spring, if you’re like me you starting thinking about plants and flowers! If that’s your jam, be sure to check out Lisa Palladino’s interview the Hannah Lucey, the greenhouse manager at City Floral. She has some great tips on what you should be focusing on now so that you have a fabulous yard this summer!
Here’s Lisa’s post:
It’s Springtime – What You Need to do NOW to Prepare Your Yard and Garden, Our Friends at City Floral Give Us the Scoop
Also, Kailee Ackerman wrote a great post on Ed Moore Florist in South Park Hill, which has been a NE Denver staple since 1948. Ed Moore originally opened as a greenhouse in 1930 and then the floral shop was added 18 years later.
You can read more here: Local florist building bouquets – and community – since 1948.
Now, on to the real estate update!
Active Listings
There are currently 19 active resale listings in Central Park.
New Listings
This week we saw 14 new listings in the neighborhood.
Under Contract Homes
Right now there are 15 homes that are pending (meaning they are under contract, but have not yet closed).
Closed Homes
And we also saw 7 homes close.
As promised, here’s what our buyers are looking for here at Focus Real Estate. We’d love to hear from you!*
✅ Up to $1.5M. Central Park. North of I-70. Prefer Infinity Home Collection, 4 beds and a loft on 2nd floor, 3-car garage, bathtub in primary suite.
✅ Up to $1.3M. Central Park. North of I-70. Hoping for a Parkwood Asheville or Chestertown, 4+ beds, yard for gardening.
✅ Up to $1.2M. Central Park. North or south of I-70. 3+ beds, 2.5+ baths. ~2,500 – 3,000 sqft with a yard.
✅ Up to $1.1M. Central Park. Single family home south of I-70. Ranch style.
✅ Up to $1.1M. Central Park. 4+ beds/office south of I-70.
✅ Up to $950k. Central Park. South of I-70. 3-4 beds single family home with a finished basement preferred.
✅ Up to $950k. Central Park. South of I-70. Single family home with 4+ beds. Love Parkwoods but open to all builders.
✅ Up to $935k. Central Park. South of I-70. Single family home or townhome. Flexible on style.
✅ Up to $925k. Central Park. Home or townhome similar to a Parkwood with 3+ bedrooms. Prefer north of I-70 but open to anywhere.
✅ Up to $925k. Central Park. South of I-70. Single family home with 4+ beds, 3+ baths, and office space. Open to various builders and styles.
✅ Up to $900k. The Canyons, Castle Pines. Ranch-style home with yard preferred.
✅ Up to $900k. Highlands Ranch, Centennial or Lone Tree. 3+ beds with fenced yard.
✅ Up to $900k. Central Park. Townhome in North End.
✅ Up to $875k. Central Park. 3-4 beds. Would love to be walkable to Stanley, but in Denver schools.
✅ Up to $850K. Central Park. Single family home with 3+ beds in Eastbridge.
✅ Up to $850k. Central Park. Newer home north of I-70 or updated home south of I-70. 2,700+ sqft, 4 beds and finished basement.
✅ Up to $825k. The Meadows, Castle Rock. 4+ beds preferred with big views or backing to open space.
✅ Up to $800k. Westminster. 3+ beds, 3+ baths single family home with a fenced yard.
✅ Up to $700k. Highlands Ranch, Centennial or Lone Tree. 3+ beds with fenced yard.
✅ Up to $700k. Central Park. North of I-70. Wonderland Edge townhome.
✅ $600k-$850k. Central Park. Townhomes, duplex or single family home with 3+ beds. Open to all locations on the Denver side.
✅ Up to $650k. Central Park. Single family home or townhome with 3+ beds.
✅ Up to $450k. Longmont or Broomfield. 3+ beds, 2+ baths single family home.
✅ Up to $250k. South of 6th Ave and west of Monaco. 1-2 beds, 1-2 baths.
✅ Infinity in Conservatory Green (Central Park).
✅ Parkwood townhome in Conservatory Green (Central Park).
✅ Boulder Creek or Wonderland ranch home north of I-70 (Central Park).
✅ Boulder Creek in Bluff Lake (Central Park).
*Focus complies with the MLS Clear Cooperation Policy. Please send, or have your broker send, properties that comply with the policy only. We will not be able to review others. Also, this list of buyers is not comprehensive (some buyers are still pinpointing their home criteria, etc.) and could change.
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!
