Thinking of Moving to Stapleton?

Stapleton, Colorado

Housing Market Trends

Market trends help you understand the movement of key price indicators. Trends in Stapleton show a 10% year-over-year rise in median sales price and a 0% rise in median rent per month.

Median Sales Price

The median sales price for homes in Stapleton for Dec 24 to Mar 23 was $500,000 based on 49 home sales.

Price Per Square Ft.

Average price per square foot for Stapleton was $258, an increase of 11% compared to the same period last year.

Median Rent Per Month

The median rent per month for apartments in Stapleton for Feb 24 to Mar 24 was $2,400.

Crime

Stapleton has very low crime relative to the rest of Denver County.

Knowing more about crime activity in Stapleton can help keep you aware of crime in the area. Crime activity is most helpful when comparing two locations to understand the relative safety of each location.

Most frequent crimes in the past year

1,439
COUNTS OF THEFT
198
COUNTS OF ARREST
159
COUNTS OF ASSAULT

Demographics

Get to know your neighbors in Stapleton by reviewing our census driven map. Get insights into median age, how many people are married, and percentage of people with a college degree.

29%

Single Residents

58%

Home Owners

34

Median Age

$94,014

Median Household Income

57%

College Educated

Commute

Most people in Stapleton commute by car. Learn how neighbors in this area get to work so you can consider how you might commute if you lived here, too.

95% commute by car

2% commute by bike

3% commute by public transportation

1% commute by foot

 

Will Denver's Bubble Burst? Denver House Guy University Part 1 of 4: Inventory

The real core of a market's strength or weakness is supply and demand. Let's use a simple example: 

You have a lemonade stand on a street corner and you buy 30 pounds of lemonade powder for the weekend.

Scenario 1: There are 10 other lemonade stands on your street. One person buys a cup of lemonade from you for $1. You still have like 29 pounds of lemonade powder. That is lots of supply, and no real demand. You are losing money. You will probably need to shut down your business soon. (This is what was happening in 2008.)

Scenario 2: You are the only lemonade stand on the street and have a line down the street waiting to buy from you and you sell out quickly in 1 day - people are willing to pay $10 to get a cup of lemonade from you. There is a lot of demand, and not enough supply. You can even open up a second and third stand and still have plenty of buyers. You may become rich. (This is what is happening in Denver right now.) 
And say for some reason in Scenario 2 more and more people kept coming to your street each week because they hear how good the lemonade and weather are. You will have even more demand. 

In 2007 Denver Metro had 25,000 homes for sale, and about 5,000 homes were being sold each month. That is a lot of supply and not much demand. That would take about 5 months for buyers to absorb all the houses for sale on the market. Today there are about 4,300 homes for sale in metro Denver and 4,100 are being sold each month! That is almost total absorption, meaning each month buyers are buying almost all the homes that come up for sale. 

In short: Back in 2007 we could see clues for the recession and the bubble burst because of such high supply of homes for sale, and not enough demand. But today the demand is so high, and supply is so low (and has been for 4 years), and rents are so high, that the demand itself is showing hard evidence of economic thriving in the Denver housing market for years to come, especially since 50,000+ people move to Denver each and every year.   

Future Home Values: Where Do The Experts Think They are Headed?

Today, many real estate conversations center on housing prices and where they may be headed. That is the Home Price Expectation Survey of over 100 economists is so great.

Every quarter, Pulsenomics surveys a nationwide panel of over one hundred economists, real estate experts and investment & market strategists about where they believe prices are headed over the next five years. They then average the projections of all 100+ experts into a single number.

Here are the results of their latest National survey (Denver is much hotter than this):

Home values will appreciate by 3.7% over the course of 2016, 3.3% in 2017 and 3.2% in the next two years, and finally 3.1% in 2020 (as shown below). That means the average annual appreciation will be 3.3% over the next 5 years.

What Does This Mean For You?

A home purchased in 2016 for $250,000 has the potential to increase your family wealth more than $44,000 over the next five years! 

Bottom Line

With home values on the rise, now is a great time to purchase a home and invest in your family's future!

Share the news! Post this on Facebook, Twitter and Instagram to show your clients how to increase their wealth!

**These rates are only an indication of current market conditions**

Assumptions include the following loan characteristics:
•    $200,000 loan amount
•    $250,000 sales price
•    Conforming and Government products: $320,000 loan amount, $400,000 sales price
•    Jumbo Assumptions: $800,000 sales price, $600,000 loan amount.
•    "Excellent Credit" - 740 fico score
•    Owner Occupied
•    Single Family Residence
•    Colorado Property
•    Collecting impounds

Disclaimer: This is NOT a good faith estimate and should not be relied upon. Request a written good faith estimate.  FEES Estimate are LENDER FEES only. Third party fees, including, but not limited to appraisal, credit report, and title fees are not included in the fees estimate.

20-Year Map of Metro Denver Price Appreciation

Check out this incredible 20-year appreciation map of metro Denver. No surprise that central Denver has appreciated the most, many neighborhoods over 300%+. But the entire Metro area has and is appreciating well!

Check out your neighborhood!

Denver Rated Best Place in U.S. to Live in 2016

U.S. News World Report today unveiled the 2016 Best Places to Live in the United States. The new list ranks the country's 100 largest metropolitan areas based on affordability, desirability, value, job prospects and quality of life. Denver, Colorado, is named the No. 1 place to live on the inaugural list, followed by Austin, Texas, at No. 2. Fayetteville, Arkansas, and Raleigh-Durham, North Carolina, take the No. 3 and No. 4 spots, respectively. A second Colorado city, Colorado Springs, rounds out the top five.

The 2016 Best Places to Live ranking was determined in part by a public survey of thousands of individuals across the U.S. to find out what makes a place desirable to live in. The methodology also factors in data from the United States Census Bureau, the Federal Bureau of Investigation and the Bureau of Labor Statistics, as well as U.S. News rankings of the Best High Schools and Best Hospitals.

"The Best Places to Live ranking accounts for the most important concerns people have about where to live, such as cost of living, employment opportunities and access to good schools," said Miriam Weiner, product manager for Real Estate at U.S. News. "Top-ranked areas not only have steady job markets, but they also have attributes that contribute to a high quality of life – affordability, low crime rates, shorter commute times and quality health care."

Roughly two-thirds of the U.S. population lives within one of the metropolitan areas on the Best Places to Live list. Among these cities, some smaller ones in the middle of the country make a notably strong showing.

With a close proximity to Denver and the Rocky Mountains, Colorado Springs ranks in the top 10 because it is viewed as a desirable place to live. The ranking said Denver residents are "an easygoing crowd of ambitious, progressive-minded fitness fanatics and nature lovers who are eager to push the envelop on everything from civil rights to drug laws."

It also says Denver has some of the best winter weather in the country, a popular misconception. "Those unfamiliar with the Mile High City may think that winters are bad, but Denver usually experiences bright blue skies and powdery snow that melts by noon."

2016 U.S. News Best Places to Live Rankings – Top 20

1. Denver, CO
2. Austin, TX
3. Fayetteville, AR
4. Raleigh-Durham, NC
5. Colorado Springs, CO
6. Boise, ID
7. Seattle, WA
8. Washington, DC
9. San Francisco, CA
10. San Jose, CA
11. Des Moines, IA
12. Minneapolis-St. Paul, MN
13. Grand Rapids, MI
14. Sarasota, FL
15. Charlotte, NC
16. San Diego, CA
17. Houston, TX
18. Omaha, NE
19. Charleston, SC
20. Portland, OR

These Are the ‘Happiest’ States in the U.S. (Colorado automatically goes up with Super Bowl win)

“Well-being in the U.S. exhibits regional patterns, with the northern plains and mountain west reporting higher levels of well-being, along with some western states and pockets in the northeast and Atlantic states,” according to the report.The index measures the well-being of states across five elements: purpose, social, financial, community and physical. In 2015, financial well-being increased as well as physical fitness while there were also declines in both food and healthcare insecurity. What’s more, life evaluation – in which how Americans rate and perceive their lives – surged to a record high, according to the index.

Hawaii reclaims its number one spot as the “happiest” state in the country – bumping out last year’s winner Alaska. The state has held the happiness title five times since 2008, according to the latest Gallup-Healthways Well-Being Index.

For 2015, here are the states that scored the highest in well-being, according to the index:

1. Hawaii
2. Alaska
3. Montana
4. Colorado
5. Wyoming
6. South Dakota
7. Minnesota
8. Utah
9. Arizona
10. California

Denver ranks as Zillow's "hottest housing market" in 2016

Denver Post: Denver has done it yet again. Denver's healthy mix of home price appreciation, low unemployment and tech industry focus places the Mile High City atop Zillow's "Top 10 Hottest Housing Markets for 2016" rankings.

The real estate site's Home Value Forecast evaluated metrics such as forecasted appreciation, jobless rate and income growth. Denver topped the list and Seattle, Dallas-Fort Worth, Texas; Richmond, Va.; and Boise, Idaho, rounded out the top five.

"Trendy tech centers like San Francisco, Seattle and Denver hogged the spotlight in 2015," Svenja Gudell, Zillow's chief economist, said in a statement. "But this year, the markets that shine brightest will be those that manage to strike a good balance between strong income growth, low unemployment and solid home value appreciation."

Denver's home values rose just under 16 percent in 2015 and are projected to gain another 5 percent this year, according to the Zillow report.

The Denver metro area's housing market posted a record year in 2015, with 55,509 home sales totaling $20.16 billion, according to a report released last week by the Denver Metro Association of Realtors.

Inventory shortages coupled with hordes of new residents settling along the Front Range contributed to the boisterous market that drove sales prices higher, created bidding wars, drove uprents and negatively affected lower-income residents.

Zillow's top 10 housing markets for 2016:

1.) Denver

2.) Seattle

3.) Dallas-Fort Worth, Texas

4.) Richmond, Va.

5.) Boise, Idaho

6.) Ogden, Utah

7.) Salt Lake City

8.) Omaha, Neb.

9.) Sacramento, Calif.

10.) Portland, Ore.

See Zillow's Denver facts and forecast here.