Best Places to Live in Denver-Hilltop
One of the high-end prestigious neighborhoods, close in to the city is called Hilltop. Hilltop is located just to the east of Cherry Creek. It’s bordered on the west side by Colorado Boulevard and it goes all the way east to Monaco. On the south you’ll find Alameda and on the north, 6th Avenue. If this is an area that’s interesting to you, then you can look for homes and see what’s available on www.EasyDenverHomeSearch.com.
Let me tell you more about the area. This is one of the more high-end prestigious neighborhoods that was affected tremendously by developers and builders that were going in and buying old homes, scraping them, and rebuilding brand new mansions. The lots are typically bigger and the average sale price is about $750,000.
The interesting thing and the good news for you is that there are great deals in here because prices are down about 22% since this time last year. What’s driving that is an abundance of inventory. In my opinion, there’s a glut in this market and there’s a lot of high-end builder product that are just sitting there that haven’t sold since they completed it in 2008, or even 2007, in some cases. There are:
- foreclosure properties happening
- short sales available
- good deals because there’s so much inventory
- great opportunity for buyers to find sellers that are motivated
Foreclosures are still pretty low in this area about 18%-20% right now. I do predict that this higher-end market and the builder product will be affected more coming up here shortly in the near future. In the meantime, if this is an area that’s interesting or if this is the kind of deal that’s interesting to you, then I’d love an opportunity to tell you more about the area, help you search for a home there.
Just visit www.EasyDenverHomeSearch.com. You can search for homes by the area I outlined or just put in ‘Hilltop’ in the area search or neighborhood area. Then, as always, if you’d like to get more information just call me directly at 303-526-2606 or drop me an email Sam [at] SamWilsonGroup.com There are great deals over here especially if you’re in this higher-end market and I’d love to get you some more information if you’re interested.
Until Next time
