Central Park Neighborhood Appreciation | Q4, 2015, Year over Year

Central Park Neighborhood PricesThe Central Park neighborhood is comprised of 10 individual neighborhoods. Most analysis focuses on Central Park's overall performance and how it relates to other Denver neighborhoods. We are starting a series that will be released every quarter that looks at each named neighborhood of Central Park and how it compares to the others.

This article presents detached single family sales stats from the 4th quarter of 2014 compared to the 4th quarter 2015.

Based on the data, it looks like Central Park West was the best performer. Sale prices increased 19% year over year in Central Park West. Looking at the data it's important to look at the sample size when evaluating the results. For Central Park West the total homes sold in Q4, '14 compared to Q4, '15 was 3 and 5 respectively. With that small a sample size, each home sale has a greater impact on the results.  

That being said, Central Park North may have had the best performance. The neighborhood appreciated 15% on 13 and 15 respective home sales. 

Looking at each neighborhoods performance it is clear that Central Park is a good place to own real estate. The average appreciation was 13.68%. Does your neighborhood give you bragging right?

Central Park Neighborhood Sales Comparison

Central Park Neighborhood Appreciation 

Here are the statistics for each of the individual neighborhoods.

Conservatory Green
Units Sold Q / Y Beds Baths Above Grade SqFt Total SqFt PSF Above Grade PSF Total Sold Price CDOM
24 Q4 2014 4 4 2,098 3,172 $260.26 $170.73 $535,871 54
23 Q4 2015 4 4 2,240 3,358 $283.58 $188.80 $628,562 31
% Change     6.34% 5.54% 8.22% 9.57% 14.75% -74.19%
Central Park West
Units Sold Q / Y Beds Baths Above Grade SqFt Total SqFt PSF Above Grade PSF Total Sold Price CDOM
3 4th / 2014 3 3 2,178 3,203 $226.88 $154.78 $493,333 24
5 4th / 2015 4 4 2,391 3,473 $259.85 $177.56 $610,960 33
% Change     8.91% 7.77% 12.69% 12.83% 19.25% 27.27%
Central Park North
Units Sold Q / Y Beds Baths Above Grade SqFt Total SqFt PSF Above Grade PSF Total Sold Price CDOM
16 4th / 2014 4 4 2,227 3,330 $253.48 $168.89 $555,374 41
13 4th / 2015 4 4 2,249 3,424 $297.98 $194.23 $654,569 37
% Change     .98% 2.75% 14.93% 13.05% 15.15% -10.81%
29th Ave
Units Sold Q / Y Beds Baths Above Grade SqFt Total SqFt PSF Above Grade PSF Total Sold Price CDOM
5 4th / 2014 3 3 1,897 2,845 $249.73 $166.77 $466,360 31
9 4th / 2015 4 4 1,923 2,589 $266.14 $206.97 $506,328 48
% Change     1.35% -9.89% 6.17% 19.42% 7.89% 35.42%
South End
Units Sold Q / Y Beds Baths Above Grade SqFt Total SqFt PSF Above Grade PSF Total Sold Price CDOM
12 4th / 2014 4 4 2,095 3,208 $249.91 $162.54 $516,158 81
15 4th / 2015 4 4 2,379 3,340 $246.62 $187.93 $585,809 35
% Change     11.94% 3.95% -1.33% 13.51% 11.89% -131.43%
Westerly Creek
Units Sold Q / Y Beds Baths Above Grade SqFt Total SqFt PSF Above Grade PSF Total Sold Price CDOM
9 4th / 2014 3 3 1,740 2,459 $249.99 $180.74 $421,741 40
6 4th / 2015 4 3 2,060 2,714 $243.08 $203.86 $495,322 31
% Change     15.53% 9.40% -2.84% 11.34% 14.86% -29.03%
Eastbridge
Units Sold Q / Y Beds Baths Above Grade SqFt Total SqFt PSF Above Grade PSF Total Sold Price CDOM
14 4th / 2014 4 3 2,156 3,154 $235.37 $162.35 $507,064 56
19 4th / 2015 4 4 2,148 3,181 $266.44 $183.94 $559,416 36
% Change     -.37% .85% 11.66% 11.74% 9.36% -55.56
Bluff Lake
Units Sold Q / Y Beds Baths Above Grade SqFt Total SqFt PSF Above Grade PSF Total Sold Price CDOM
3 4th / 2014 4 3 1,608 2,673 $281.73 $168.55 $449,800 17
4 4th / 2015 3 4 2,153 3,240 $253.85 $168.68 $537,200 31
% Change     25.31% 17.50% -10.98% .08% 16.27% 45.16%

% Change

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