Named after John J. Cory and Louise A. Merrill, two influential Denver educators, Cory-Merrill neighborhood (located just south of Bonnie Brae) was founded in 1858 as a “dry” town because its citizens didn’t like the saloons that had taken over Denver. Today it is still known as a quiet neighborhood, yet it has become a popular area for residents looking for a laid-back, family-friendly neighborhood with tree-lined streets.
Cory-Merrill market trends indicate an increase of $112 (36%) in the average price per square foot over the past 6 months. The average sales price over that same period rose from $1,091,127 to $1,114,407, whilst the median rent for this area is $1,698 The average time on market for properties in this area is 23 days and buyers can expect to pay 101% of the seller’s asking price.
AVERAGE SALES PRICE
$1,080,897
6 MONTH AVERAGE
HOME SOLD PER MONTH
14
6 MONTH AVERAGE
AVERAGE DAYS ON MARKET
23
DAYS
EXPECT TO PAY
101%
OF ASKING PRICE
AVERAGE PRICE PER SQUARE FOOT
$374
6 MONTH AVERAGE
RENTER VS OWNER OCCUPIED
17% RENT | 83% OWN
AVERAGE YEAR BUILT
1969
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