mi le h i m oder n mar ket report DENVER + BOULDER
Q.1
2021
praising our wild roots The unrelenting Rockies cut into the horizon while rivers carve deep canyons through the soil, reshaping the definition of “home” to include the haven that surrounds us. Colorado offers four National Parks, 42 state parks and endless open spaces, providing residents with countless opportunities to step outside and relish in our state’s coveted climate and natural beauty. For newer residents and tourists alike, the draw of Colorado begins here, in a landscape unmatched by any other in the country. Migrants to the Front Range may seek both an eco-minded lifestyle and a fully encompassing outdoor experience just minutes from their front doors. As a hub of tourism, the Front Range welcomes visitors from all over the world, creating not just a home base for outdoor-loving enthusiasts, but a stream of supplemental income opportunities for residents with an ADU or home share space. Combined with record-setting scarcity, sellers in the area may have the distinct advantage of the real estate industry’s most coveted marketing tool: location. Through it all, with easy access to the outdoors comes the responsibility of keeping these spaces beautiful for future generations. As proud residents of this state, we encourage new residents not only to partake in the Colorado lifestyle, but to share in the responsibility of maintaining our cherished outdoor spaces. Carmelo Paglialunga + Carla Thompson
milehimodern owners
OUTDOOR OASIS LINEAR LIGHT
ORGANIC OPULENCE S TAT S
JANUARY
FEBRUARY
MARCH
Colorado Median
$445,000
$465,000
$485,000
The above Colorado data is based on counties statewide. The following Denver data is based on eleven counties in the Denver Metro Area: Adams, Arapahoe, Boulder, Broomfield, Clear Creek, Denver, Douglas, Elbert, Gilpin, Jefferson and Park. The following Boulder data is based on Boulder County.
JANUARY
S TAT S
Active
1,263
Sold
1,989
Average Sold Price Days on Market
FEBRUARY
$629,159 22
S TAT S
Active
1,120
Sold
2,399
Average Sold Price Days on Market
MARCH
$632,581 19
S TAT S
Active
1,122
Sold
3,272
Average Sold Price Days on Market
$674,990 15
denver
JANUARY
S TAT S
Active
222
Sold
167
Average Sold Price Days on Market
FEBRUARY
$947,553 55
S TAT S
Active
192
Sold
216
Average Sold Price Days on Market
MARCH
$886,748 48
S TAT S
Active
185
Sold
305
Average Sold Price Days on Market
$1,029,323 41
boulder
DENVER U LT R A - L U X U R Y
BOULDER 2M+ MARKET
Active
325
Under Contract
119
Sold Average Sold Price Days on Market
LUXURY
73 $2,946,841 86
1M-2M MARKET
Active
443
Under Contract
414
Sold
322
Average Sold Price Days on Market
PREMIER
$1,336,482 61
500K-1M MARKET
Active
1,063
Under Contract
2,379
Sold
1,926
Average Sold Price Days on Market
q1 average
$650,507 27
100 cessna
7 B AT H 5 BED
Sitting on an expansive 2-acre lot in the Erie Airpark with direct runway access, the home’s streamlined and sleek architecture cuts through the horizon, crafting a show-stopping juxtaposition of a modern motif against the mountains. Attached to the home is an impressive 5,000 square foot executive aircraft hangar, spacious enough to accommodate most aircrafts.
7,788 SQFT
An intimately unique and extraordinary home redefined the meaning of luxurious living during the first quarter of 2021. Elevated opulence is flawlessly executed in this custom-built dwelling masterfully designed by Nassar Development. Breathtaking Rocky Mountain views surround this home’s multiple outdoor living areas, including a vast second-level balcony off of the one of two primary suites and a marvelous terrace below.
who we are milehimodern (mhm) is Colorado’s real estate brokerage focused on the artistry of living. We believe in connection first; every home has a soul-filled story to tell. Our purpose is to bring this story to light by discovering the artistic sizzle, the iconic value, the extraordinary architecture, or simply the narrative of a beautiful life lived in each property. Let us tell your story.
This data is collected from the following sources: Colorado Association of Realtors®, Denver Metro Association of Realtors® + REcolorado®. This material is based upon information that we consider reliable, but because it has been supplied by third parties, we cannot represent that it is accurate or complete. ©MileHiModern All Rights Reserved | 303.876.1073 | milehimodern. com MileHiModern® is a licensed trademark | An Equal Opportunity Company | Equal Housing Opportunity .