Denver Real Estate has survived the general market downslide over the past few years and has been able to maintain a rather stable market. You will find that the Denver real estate market has been able to maintain a steady course for several reasons. One of the reasons is because the average home value has been able to stay about $292,000. Due to this the Denver real estate market is desirable by many investors and home buyers. The city houses fascinating mountain views and many outdoor activities with 550,000 residents even though it is literally a mile high at 5,280 feet.

The Denver Center for the Performing Arts is just one of the activities that residents enjoy doing in the city. Surprisingly the arts center is the second largest in the United States. Another well known attraction is the Red Rocks Amphitheatre which has been carved from red boulders.

Home owners and renters are split almost 50/50. In Denver you will find that single family detached homes account for about half of all of the homes. High rise apartments and complexes account for another 40% of the market. This shows that the Denver real estate market is geared towards single family homes.

There is a wide range of home sizes in Denver from as little as no bedrooms to houses that have more than 5 bedrooms. 2 bedroom homes are the majority of the homes in the area with 32% of the market however 1 bedroom homes do have 25% of the market and 3 bedroom homes have 23% of the market.

The Denver real estate market is also geared towards its historic past. Homes built after’95 are only 5% of the total homes in the area. Amazingly enough almost half, 42%, of the homes in Denver were built between’40 and’69. Another 25% of the Denver real estate are considered historic and were built before’39.

Over half of the Denver real estate market falls between a home value range of $155,000 and $311,000. In addition you will find that’% of homes fall between $311,000 and $467,000 for home values. Over 2/3 of the Denver market falls between these two home value ranges.

Condominiums are another large part of Denver living that have a huge part in the real estate market. The condos are often preferred over homes as they have several advantages over home owners. Luxurious condos exist near downtown Denver which give residents a luxurious place to live while still being close to downtown.

If you’re in the market for a home in the Denver area you will find that most of the houses you look at fall between an affordable price range of $155,000 and $467,000. It’s also important to note that the median size is 1,254 square feet for a home. In most cases this averages out to be about $180 to $200 per square foot in a home. The Denver Real Estate market is currently a buyer’s market and thus why it has become so popular and has been able to be healthier than other real estate markets.

Rodolfo Canon is a top Denver realtor with the Canon Colorado Team who are frequently quoted by the Denver Media as Denver real estate experts. Rodolfo can help you get the Denver real estate that you’re looking for. Make contact today by visiting them at Denver Real Estate or Denver Homes for Sale!

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