Central Park Denver Real Estate in Review

2016 was a pretty big year in Central Park Denver. With the opening of the Central Park Light Rail Station, the opening of Stanley Marketplace, Eastbridge Town Center is finally under construction and the launching of 2 new neighborhoods, its no surprise that Central Park was named the 4^th best selling community in the nation. We have so much to offer here and the numbers speak for themselves.

• Single Family average sales price hit a high water mark with an average sold price of $603,791, which is an increase of 6.36% over 2015.

• Our average Days On Market (DOM) was (and still is) under 60 days which means it is still a Sellers market out there.

• Despite inventory being low, 599 home were sold in 2016, which was a record number of homes sold in a year, ever.

• A new high water mark for sale price was achieved for the sale at 3106 Dayton  which sold for $1,475,000.

• 11 homes were sold over the $1,000,000 mark in Central Park, which is a 266% increase in this price point compared to all previous years.  Again, another record setting statistic for the luxury home market. 

What’s happening right now in Central Park?

There are currently only 34 homes available in all of the 80238 zip code, which is the lowest inventory we have seen EVER! The majority of the active inventory in MLS is new construction offerings in Central Park’s two newest neighborhoods: Beeler Park to the north of 56^th Avenue and Bluff Lake off 26^th and Fulton.  

If you are thinking about selling your Central Park home there is no better time to sell than right now. With inventory remaining at record lows and interest rates continuing to remain low the Neir Team can help you get top dollar.   

Here is a list of everything currently active in Central Park: CLICK HERE

Let us know if you have interest in checking any of these out! We not only sell Central Park we live in Central Park making us Central Park neighborhood experts.