Homebuyers are always interested to hear which Denver metro area neighborhoods are thriving and which are flopping. I came across a very interesting article written by John Rebchook of the Rocky Mountain News this week, which revealed the hottest (and coldest!) zip codes in the Denver housing market.
If you are looking for a hotbed in an otherwise stagnant Denver real estate market, consider heading to the 80202 zip code that encompasses the trendy Denver neighborhoods of LoDo and Riverfront Park. Homeowners are in high spirits as their property values appreciated a whopping 16.2% from 2006 to 2007. This impressive figure is no surprise as scores of ultra-stylish loft and condo projects are popping up everywhere in Downtown Denver. The top three were rounded out by 80112 in Englewood and Centennial (+15.8%) and 80126 in Highlands Ranch (+12.8%).
Aurora’s 80010 zip code, close to the flourishing Anschutz Medical Campus, saw a 12.8% increase in property values that likely stemmed from the new medical facilities are breathing new life into surrounding neighborhoods. Other Denver area zip codes that saw increases include the Southeast Aurora zip code of 80016 (+12.8%), Evergreen’s 80439 (+12.2%), Boulder’s 80303 and 80305 (+10.8% and +8.6%), Littleton’s 80127 (+7.5%).
The list of "colder" zip codes included parts of Adams County, Jefferson County and Denver. Please click here to read the article in the Rocky Mountain News. For more information on booming neighborhoods in the Denver real estate market, please contact TeamCox Realtors.
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