Market Pulse

Each month Sophisticated Properties highlights the issues pertinent to the Denver Luxury Real Estate Market with one original article and one hand picked article that directly effect the individual investor.

Units Available for Lease at The Coloradan!

Welcome to the Coloradan, Denver’s finest and ONLY new condominium development! Be one of the first Denverites to experience the neighborhood built deliberately for a new urban way of life. Situated in very walk-able Union Station neighborhood, with Union Station access right next to the building and located across the street from flagship Whole Foods.  We…

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Q3 2018: The Bubble

This year, the average home price in Metro Denver reached over $500,000!  Actually, it’s more than that: $543,058 to be exact.  When I told my dad his jaw dropped.  “I just cannot believe that, half a million dollars is ridiculous,” he said.  We were arguing about it being sustainable or not, going back and forth. …

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Q1 2018: Luxury Apartment Overload!

With Denver seeing nearly 13,000 new apartment units come online in 2017, the competition has noticeably effected the rental market.  Chances are, if you were trying to rent a 2 bedroom condo in the past couple months, demand hasn’t been quite what you were used to the past couple years.  New luxury apartments like Country…

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Common Home Issues by Decade

There are many tools, websites and people out there that will attempt to tell you how much your home will sell for. The fact is, nobody actually knows that number. The simple answer is “A home is worth the price at which buyer is willing to buy and a seller is willing to sell;” therefore,…

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