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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.

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Another area in the luxury home market is Greenwood Village, specifically, the Preserve of Greenwood Village. This is a very prestigious high-end home, luxury home market. It boasts an average sales price over the past 15 months of about $1.5 million. It’s just slightly under that.

The good news is this area has not been affected by a lot of foreclosures. Only 5% of the sales over this time period have been foreclosure sales. The good news for buyers is that this area is down about 20% in the past year. So prices have adjusted accordingly to the market, however, there are still wonderful homes in great condition with very little foreclosure for the high-end luxury home buyer to walk into in this market and get a great deal, relatively speaking.

If you’re in the market for a high-end luxury home in one of the best locations in the Denver Metro area you can search for homes here by using www.EasyDenverHomeSearch.com.  The search tool affords you a map search feature or a city feature. If you’re using the map search feature, this area is bordered by University on the west side over to Holly on the east side. From the south it starts at Orchard and goes to the north and ends at Belleview. It’s a very specific area or you can just put in the city of ‘Greenwood Village.’  Either way, you’ll find the home that you’re looking for and I’d be happy to assist you with more detailed information about:

• the neighborhoods
• the demographics
• the market facts
• current trends
• opportunities in this area

If you’re interested in that you can always call me at 303-526-2606 or you can drop me an email Sam [at] SamWilsonGroup.com

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Our largest southern suburb in the Denver Metro is an area called Highlands Ranch. Highlands Ranch is bordered by Santa Fe Boulevard on the west over to I-25 on the east and along the northern edge of Highlands Ranch is C-470 freeway. This is a huge area and it’s actually made up of about 16 distinct, different neighborhoods.

Let me tell you about the overall area of Highlands Ranch and if you’d like more information about any of the specific neighborhoods just drop me an email Sam [at] SamWilsonGroup.com or as always you can give me a call at 303-526-2606. I’d be happy to help you with any of the areas in Highlands Ranch.

The general area is so popular because first, it’s huge! That’s a large area that I outlined and there’s homes in there priced from the $200,000’s all the way up to over $1,000,000. There’s even condos you can buy in there for under $200,000. The area is made up of a very user friendly layout of:

• recreation areas

• shopping areas

• easy access to all the major freeways

• a great family community that is very desirable and has a lot to offer!

Prices have held up okay in parts of Highlands Ranch and other parts of Highlands Ranch you can find some terrific deals right now. If you’re looking for a home in this area you can use www.EasyDenverHomeSearch.com. You can search by the map feature and just outline the area that I described, or just put in Highlands Ranch in the area search or subdivision/neighborhood search and you’ll find all the properties that are listed in your price range. Another thing you can do in Highlands Ranch is use the school search feature because they are famous for the good school system they have in the area.

So, please take a look and see if Highlands Ranch is an area that you might be interested in. Feel free to contact me at anytime if you’d like more information about the area or you’d like to see some homes there.

Until Next time