Dec 122010

Denver’s Trendy Lower Highlands, also called LoHi is located adjacent to Riverfront Park on the West Side of I-25. It is close enough to Downtown and LoDo with only a short jaunt across the walking bridge on 16th street and Commons Park. LoHi is full of life, you can lose a Sunday afternoon at LoLa’s sipping Cocktails listening to Jazz and eating Tacos overlooking the skyline.

LoHi Olinger Sign

The Neighborhood overlooks the new Commons Park, the Central Platte Valley and the Downtown Denver Skyline. The street have some of the oldest real estate in the city going back to the mid-1800′s along with moden infill townhomes w/rooftop patios that overlook the skyline

•¨      Commons Park is a 30-acre park with wetlands and trails along the South Platte River.

Bridge Connecting LoHi with Riverfront Park & LoDo

·¨      The 16th Street Mall Shuttle will connect the 16th Street Mall to the Central Platte Valley and the Highlands.

•¨      The Light Rail Spur connects riders between Central and Southwest Light Rail Lines to Denver Union Terminal and 16th Street Mall and many of the Central Platte Valley’s attractions including Coors Field, Invesco Field, Auraria Campus, and The Pepsi Center.

Band at Lola's

Attractions you love are so close.  Many restaurants, brew pubs, espresso bars and night spots are all nearby. The Denver Center for the Performing Arts brings Broadway to your doorstep and four major league sports teams are in the downtown area. LoHi is definitely on the rise, buy now because LoHi is Denver’s most happening Neighborhood

 LoLa's on Sunday Afternoon Denver

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Nov 162010

LoDo | Riverfront

$300,000 – $2,000,000 price range

12 Month Evaluation – 58 sold properties in last 12 months.  58 divided by 12 months equals 4.83 properties sold per month.  There are currently 74 active comparable properties on the market.  74 divided by 4.83 equals 15 months of worth of inventory.  This means a strong buyers market.

An absorption Rate of 5-7 is considered a normal market. Less than 5 is a sellers market and more than 7 is a buyers market.

Normal Market – In a normal market there is a 5-7 month supply of homes. A normal market has a balanced level of inventory where the market is not leaning in either the seller’s or buyer’s favor.

Seller’s Market – In a seller’s market there is less than 5 months supply of homes. Since there are fewer homes to choose from, sellers are in control and buyers have to be willing to pay top dollar to get the home that they want. Multiple offers are often the norm in a seller’s market.

Buyer’s Market – In a buyer’s market there is more than 6 months supply of homes. Buyers are in control since there are so many homes from which to choose from. Sellers often have to give an incentive (pay for closing costs or pay for repairs) to buyer’s to buy their home.

Original List Sold Net Sold
Average Price $721,115 $648,867 $595,183 $592,814
Median Price $629,900 $600,000 $560,000 $560,000
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Jan 042010

Lower Highlands, also called LoHi is located adjacent to Riverfront Park on the West side of I-25. It is close enough to Downtown and Lodo with only a short jaunt across the walking bridge on 16th street and Commons Park. LoHi is full of life, you can lose a Sunday afternoon at LoLa’s sipping Cocktails listening to Jazz and eating Tacos overlooking the skyline.

The Neighborhood overlooks the new Commons Park, the Central Platte Valley and the Downtown Denver Skyline. The street have some of the oldest real estate in the city going back to the mid-1800′s along with modern infill townhomes w/rooftop patios that overlook the skyline

  • Commons Park is a 30-acre park with wetlands and trails along the South Platte River.
  • The 16th Street Mall Shuttle will connect the 16th Street Mall to the Central Platte Valley and the Highlands.
  • The Light Rail Spur connects riders between Central and Southwest Light Rail Lines to Denver Union Terminal and 16th Street Mall and many of the Central Platte Valley’s attractions including Coors Field, Invesco Field, Auraria Campus, and The Pepsi Center.

Attractions you love are so close.  Many restaurants, brew pubs, espresso bars and night spots are all nearby. The Denver Center for the Performing Arts brings Broadway to your doorstep and four major league sports teams are in the downtown area. LoHi is definitely on the rise, buy now because LoHi is Denver’s most happening Neighborhood

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