Builders began developing Park Hill in the late 1800’s, representing Denver’s most diverse architectural mix, with single story ranch-style properties nestled next to multi-level Queen Annes and Tudors. What started as a bedroom suburban community quickly changed into a 10-minute commute for residents of all professions working within the Denver city limits.
Park Hill is close to downtown, with easy access to City Park, the Denver Zoo, and nightlife along Colfax Avenue.
Park Hill market trends indicate an increase of $53 (16%) in the average price per square foot over the past 6 months. The average sales price over that same period rose from $631,043 to $684,096, whilst the median rent for this area is $1,398 The average time on market for properties in this area is 19 days and buyers can expect to pay 102% of the seller’s asking price.
AVERAGE SALES PRICE
$643,864
6 MONTH AVERAGE
HOMES SOLD PER MONTH
63
6 MONTH AVERAGE
AVERAGE DAYS ON MARKET
19
DAYS
EXPECT TO PAY
102%
OF ASKING PRICE
AVERAGE PRICE PER SQUARE FOOT
$346
6 MONTH AVERAGE
RENTER VS OWNER OCCUPIED
28% RENT | 72% OWN
AVERAGE YEAR BUILT
1951
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