All Forum Posts by: Kenny Smith

Hey all!

Anyone have a good deck contractor they'd recommend for a reasonable price here in Denver?

Thank you.

🏡 There are deals to be had….

I was able to close houses for two of my clients the last two weeks. 🎊

The first was an off market single family home I found through networking with other agents. A non-conforming triplex where the buyer will live in the attached ADU and rent out the main portion of the house. 👀

The second was a flip. They dropped the price $30k just to get out from underneath it, and we came in quick and offered a price significantly lower than the comps were telling us.💰

Although the median home price has still gone up YOY, you just need to find the motivated sellers in this market.

The next couple of months could be a small window to find your deal before rates drop more, and the market really opens up. 📉

🏡 Glendale is seeing a HUGE upgrade with the new entertainment area, 4 Mile District, located on Colorado Blvd and Virginia Ave. 👀

10 years in the making and they are finally breaking ground. Everything from a new Alamo Drafthouse to retail, hotels, bars, and restaurants. 🏨🧑‍🍳

And, one of the first of it’s kind here in CO - NO open container laws (common consumption area), and bars and restaurants open until 4am, WOW. 🍸🍹

Expected opening of late 2026 or early 2027.

This paired with the very popular 9th and Colorado continues to shape this area and neighborhoods as a real estate destination that will see housing continue to go up....⬆️ 💰

🏡 Another record setting February 👀

✅ Days in market - 29

✅ Active listings - 8,197

✅ Pending listings - 3,387

✅ Median home price - $590,000

Days on market, and pendings are in line with how the last 2 Februarys ended - staying on course with seasonal trends.

Active listings are still high compared to the prior 2 Februarys, which is a combination of a 12% year over year increase for new listings from 2023 to 2024 along with a big increase of new listings in Jan ‘25.

However, the number of pendings are not outpacing the new listings so inventory is starting to pile up. ⬆️

Regardless of all of that, Median Home Price is STILL going up. 😳 February ‘25 was again the highest February in Denver on record with a year over year increase from $575k or a 2% increase….

🏡 EVENT of the month 🥘

Denver’s restaurant week is here. Never been? 🤔

Now in its 21st year, explore Denver’s thriving culinary scene backed by Michelin Star and James Bear Award-winning chefs.

There should be over 250+ restaurants participating 3/7-3/16 with prices ranging from $25-$55 for multi course meals. 🍲

It’s been a couple years since we’ve been, but this will be a perfect date night for my wife and I before baby Smith is due in April 🙂 👶

Any restaurant recommendations to check out? Leave a comment below 👇

Are people STILL moving to CO....?

I get this question a lot, are Californians still moving here?

Yes, and No.

Our net migration was only +5k from July 2023 to July 2024. As there are Californians still moving here, the vast majority are instead picking the states with low or no state income tax like Texas, Florida, or Tennessee.

Although we still have a positive influx of people moving here, more people have been leaving due to rising housing costs in recent years.

To put it in perspective, we saw around +45k in the 2010's.

Overall, CO is basically a balanced net migration in recent years which is likely to keep home prices steady....

@Scott Trench - I couldn't agree more.  More open spaces around the city for people to get outside is never a bad thing.

🏡 HUGE Denver park makeover coming….👀

Park Hill golf course is no more - welcome Denver’s 4th largest public park coming summer of 2025 ☀️

This 155 acre plot of land will now be home to picnic tables, walking trails, and other temporary features 🥾

The biggest gripe I hear about buying in the city, is not enough accessibility to outdoor spaces, too clustered, etc. 🌳

Now, parks like this only further help develop the area. Park Hill has always been sought after, but this will only increase it’s desirability…..

🐂 EVENT of the month….🤠

It’s not too late! The national western stock show is going on now through 1/26 so you still have time 😅

Whether you go for the food, shopping, rodeo viewing, pony rides, dog shows, or the intense bull riding…there really is something for everyone. 🐮

Plus, I hear they have THE BEST Rocky Mountain oysters there…a must try 😋

🏡 Best month to sell in YOUR city in 2025....👀

Broken down by Denver metro cities, see which month YOUR city had the highest median home price in 2024....

✅ Denver - April - $610,200

✅ Westminster - April - $570,000

✅ Arvada - June - $655,000

✅ Thornton - June - $560,000

✅ Lakewood - June - $605,000

✅ Englewood - July - $600,000

✅ Morrison - June - $968,000

✅ Conifer - January - $872,500

✅ Evergreen - April - $1,200,000

✅ Golden - May - $1,025,000

✅ Littleton - April - $680,500

✅ Parker - July - $715,000

Certainly these months/time frames can change in 2025 depending on mortgage rates, inventory in your city, etc.

But, if all remained constant, this gives you a ballpark idea of time of year to net the most money. 💰