Hilltop West, the neighborhood that borders Colorado Blvd. and Alameda Ave. has some of the most coveted real estate in Denver. In the fourth quarter of 2016, these beautiful homes had an average sold price of $1,130,598 with an average ask price of $1,180,662 - a -3.8% average discount of sold listings. The houses in this area spend an average of 57 days on the market, which is a bit longer than other neighborhoods in Denver.

The Hilltop West neighborhood is a prime location, with excellent schools, markets, bars and restaurants. For more information about buying in this area, contact the staff at Elevation Realty!

In the fourth quarter of 2016, Hilltop East average housing prices have almost made a come back to their 2007 home value. With 20 homes sold in this quarter at an average price of $896,848, it is easy to see that this neighborhood is considered one of the pricer in the Denver zip code.

Located near what once was part of the Buckley Airforce Base, bordering Severn Ave, E. Alameda Ave. and Holly Street divides East Hilltop from West Hilltop. Denver's Hilltop East was developed during the nineteen-forties and nineteen-fifties. Many of the homes in this area split-level and made out of brick, on medium sized lots. Many developers took advantage of the real-estate boom in Denver in the 1990's and practiced lot-splitting, changing the architecture and elegnace of the neighborhood.   

For more information about Hilltop real estate and the Denver housing marketing, visit Elevation Realty and talk to Dave!

Hilltop West is one of Denver's premier neighborhoods with a lot to look forward to. With 21 active listings at the end of the first quarter against the fourth quarter of 2015's 34, the average price of homes for sale totaled $1,132,333. This is $114,934 more than the $1,017,399 from Q4 in 2015. The average number of days that homes remained on the market was 68 days, which is 19 days longer than Q4 of 2015.

Out of 15 recent sales, only two Hilltop West properties sold for asking price. There were 21 listings sold in Q1 with an average selling price of $1,132,333.

Get to know the Hilltop neighborhood and see what it has to offer for you. Come to Elevation Realty to learn more about your favorite neighborhoods and review the most up to date market trend reports. Take advantage of the knowledge your real estate agent has to offer – there are many benefits to using a Hilltop real estate agent to buy or sell your home.

Denver's Hilltop East neighborhood, one of the most expensive and desirable within the city, has had a quiet quarter. With 5 active listings at the end of the fourth quarter, the average price of homes for sale totaled $741,120, which is far less than the $1,017,399 from the previous quarter. The average number of days that homes remained on the market for sold listings was 61 days, which is longer than Q4 of 2015, and longer than many other neighborhoods in the area.

In Q1 of 2016, out of 15 recent listings, only five sold for asking price, no more. There were 10 listings sold in Q1 with an average selling price of $741,120.

Get to know the Hilltop East neighborhood and see what it has to offer for you. Come to Elevation Realty to learn more about your favorite neighborhoods and review the most up to date market trend reports. Take advantage of the knowledge your real estate agent has to offer – there are many benefits to using a Hilltop real estate agent to buy or sell your home.

The population of Denver is rapidly growing due to the many beneficial features, exceptional neighborhoods, and plethora of professional opportunities that the city has to offer. However, the booming real estate trends of the Hilltop area have established Hilltop as one of the premier Denver neighborhoods. If you are interested in purchasing real estate in Colorado, you should learn about the many benefits that accompany the Hilltop market trend.

Hilltop Neighborhood:

Top Denver real estate agents can provide information regarding the many reasons for the recent real estate boom in the Hilltop neighborhood. Many people are gravitating towards Hilltop as an ideal neighborhood to own property and raise a family due to the gorgeous houses and superior subdivisions in the area. However, the optimal location of Hilltop has also increased the value of real estate in the neighborhood. Hilltop is positioned right beside the Cherry Creek area, which enables you to capitalize on the many features that Cherry Creek provides, including the shopping mall, restaurants, fitness centers, and the Cherry Creek reservoir and hiking trails. Additionally, living in Hilltop can enable your children to attend the Cherry Creek schools and receive a high-quality education from one of the top school districts in the city.

Sales Price:

The Hilltop market trend demonstrates that the sales prices of homes in the neighborhood have been substantially increasing. Many factors have facilitated the spike in Hilltop property. The ideal location and spacious homes have created a high demand for homes in the neighborhood, the relatively small area has a limited number of properties available at any given time, and in turn the high demand and limited properties have caused the sales price of the homes to soar in the recent years. For instance, in 2011 the average sales price for a house in Hilltop was approximately $527,000. By the year 2015 the value of Hilltop property nearly doubled as the average sales price skyrocketed to around $900,000. This established Hilltop as having one of the most thriving housing and real estate markets of any Denver neighborhood.

Appreciation Rate:

The best Denver real estate agents can provide specific data regarding the booming appreciation rates of Hilltop. The increased population in Denver and the rising demand for property has caused the value of real estate property in Hilltop to rapidly and steadily increase. The average price per square foot has been increasing by approximately 19 percent each year, the sales price of homes in Hilltop have been rising by about 23 percent each year, and the overall value of Hilltop real estate has increased by a whopping 63 percent during the past five years. Additionally, projections indicate that the positive appreciation rates of the Hilltop neighborhood should continue deep into the future. As a result, purchasing real estate property in Hilltop now can enable you to live in one of the premier Denver neighborhoods while watching the value of your property perpetually increase.     

Contact Elevation Realty to help you purchase your new home. Our expert staff has acquired a prestigious reputation for providing exceptional and customized real estate services throughout the Denver area. We can fulfill any of your real estate needs, show you the best homes that are available in the top Denver neighborhoods, and we would be glad to help you find a home that is appropriate for your budget and ideal for your real estate desires.