Stapleton Neighborhood Appreciation | Q1, 2016, Year over Year

Neighborhood Stats for Q1 2016

Well, the first quarter of 2016 is already in the books, how time flys. Let's dig in and see how each of the 8 established Stapleton neighborhood performed year over year for the first quarter of 2016.

The neighborhood with the highest average sales price was Central Park North with an average sales price of $743,875.

The neighborhood with the largest jump in appreciation was the 29th Avenue Neighborhood where the average sales price jumped a whopping 28.81% - WOW!

Total sales were down 10% with 66 sales in Q1 2015 compared to 60 in Q1 2016. 

Overall, the appreciation rate for Stapleton was 15.16%, which is outpacing Denver as a whole. 

This data set represents the last sales data we'll see before the Cental Park Light Rail Station opens up on April 22nd, 2016. I am very curious to watch the appreciation rate after the station opens. I wrote an article back in 2012 Stapleton property value set to increase with light rail stop, and I am hopeful that my prediction of an addition 10% bump comes true.

Q1 2016 Sales

Q1 2016 Appreciation

Here are the statistics for each of the individual neighborh

Conservatory Green
Units Sold Q / Y Beds Baths Above Grade SqFt Total SqFt PSF Above Grade PSF Total Sold Price CDOM
18 Q1 2015 3 4 2,300 3,377 $254.92 $174.33 588,263 51
23 Q1 2016 4 3 2,262 3,291 $277.56 $189.66 $626,561 53
-1.68% -2.61% 8.16% 8.08% 6.11% 3.77%
Central Park West
Units Sold Q / Y Beds Baths Above Grade SqFt Total SqFt PSF Above Grade PSF Total Sold Price CDOM
4 Q1 2015 4 4 2,254 3,483 $276.37 $176.90 $617,725 32
2 Q1 2016 4 4 2,020 2,929 $315.87 $216.14 $627,500 3
-11.58% -18.91% 12.51% 18.15% 1.56% -966.67%
Central Park North
Units Sold Q / Y Beds Baths Above Grade SqFt Total SqFt PSF Above Grade PSF Total Sold Price CDOM
14 Q1 2015 4 4 2,312 3,363 $253.48 $179.14 $603,661 38
4 Q1 2016 4 4 2,681 3,772 $277.28 $196.14 $743,875 25
13.76% 10.84% 8.58% 8.67% 18.85% -52.00%
29th Ave
Units Sold Q / Y Beds Baths Above Grade SqFt Total SqFt PSF Above Grade PSF Total Sold Price CDOM
6 Q1 2015 3 3 1,842 2,685 $251.13 $172.91 $448,316 24
10 Q1 2016 4 4 3,455 2,589 $260.58 $199.50 $629,770 55
46.69% -3.71% 3.63% 13.33% 28.81% 56.36%
South End
Units Sold Q / Y Beds Baths Above Grade SqFt Total SqFt PSF Above Grade PSF Total Sold Price CDOM
7 Q1 2015 3 3 1,899 2,457 $234.44 $191.80 $439,786 26
7 Q1 2016 4 4 2,077 3,099 $305.66 $199.92 $604,429 12
8.57% 20.72% 23.30% 4.06% 27.24% -116.67%
Westerly Creek
Units Sold Q / Y Beds Baths Above Grade SqFt Total SqFt PSF Above Grade PSF Total Sold Price CDOM
5 Q1 2015 4 3 2,108 2,842 $236.80 $189.59 $496,780 38
3 Q1 2016 4 3 2,641 3,996 $231.77 $153.31 $613,000 45
20.18% 28.88% -2.17% -23.66% 18.96% 15.56%
Eastbridge
Units Sold Q / Y Beds Baths Above Grade SqFt Total SqFt PSF Above Grade PSF Total Sold Price CDOM
10 Q1 2015 4 4 2,245 3,230 $242.41 $178.09 $538,420 38
9 Q1 2016 4 3 2,087 3,292 $274.92 $179.89 $567,389 8
-7.57% 1.88% 11.83% 1.00% 5.11% -375.00%
Bluff Lake
Units Sold Q / Y Beds Baths Above Grade SqFt Total SqFt PSF Above Grade PSF Total Sold Price CDOM
2 4th / 2014 4 4 1,545 2,591 $302.28 $176.65 $457,400 12
2 4th / 2015 4 4 1,700 2,652 $313.54 $202.95 $535,950 8
9.12% 2.30% 3.59% 12.96% 14.66% -50.00%

Here are the statistics for each of the individual neighborhoods.

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