Real Estate Market Comparison: Conifer, Evergreen, and Golden, Colorado
The real estate markets in Conifer, Evergreen, and Golden, Colorado, each offer unique dynamics, making them appealing to different types of buyers and renters. Here’s a breakdown of the current market trends for these three areas as of September 2024.
Conifer: Balancing Space and Affordability
Conifer’s market stands out for its balance of space and affordability. With a median list price of $839,000 and a per square foot rate of $363, Conifer provides a slightly more affordable option than neighboring Evergreen and Golden. Its average days on market is 80, and 62% of the listings have seen price reductions, signaling a moderate market cooling.
With its natural beauty and spacious properties, Conifer appeals to those seeking a rural lifestyle with access to city amenities.
Evergreen: A Blend of Luxury and Nature
Evergreen is known for its blend of upscale living and proximity to nature, making it one of the most sought-after areas in Colorado. The median list price here is $1,075,000, with new listings averaging even higher at $1,495,000. The price per square foot is slightly higher than Conifer at $384, and homes take a bit longer to sell, with an average of 81 days on the market.
Evergreen also sees a high inventory level of 141 homes, suggesting more choices for buyers. Its scenic beauty and luxury homes appeal to affluent buyers looking for a high-end, nature-filled lifestyle.
Golden: The Urban-Nature Hybrid
Golden combines proximity to Denver with a small-town charm, offering a unique blend of city and mountain living. The median list price in Golden is $1,150,000, making it the priciest of the three areas. With a price per square foot of $382, it remains competitive with Evergreen. Homes in Golden also take longer to sell, averaging 85 days on the market.
The Golden market sees slightly less inventory at 136 homes, and 50% of listings have had price decreases, suggesting the market is slightly cooling.
Market Comparison Chart
| Metric | Conifer | Evergreen | Golden |
|---|---|---|---|
| Median List Price | $839,000 | $1,075,000 | $1,150,000 |
| Median Price of New Listings | $732,500 | $1,495,000 | $890,000 |
| Per Square Foot | $363 | $384 | $382 |
| Average Days on Market | 80 | 81 | 85 |
| Median Days on Market | 49 | 56 | 56 |
| Price Decreased | 62% | 54% | 50% |
| Price Increased | 0% | 1% | 1% |
| Relisted | 4% | 9% | 7% |
| Inventory | 71 | 141 | 136 |
| Median Rent | $3,700 | $3,495 | $3,000 |
| Market Action Index | 34 (Slight Seller’s Advantage) | 36 (Slight Seller’s Advantage) | 36 (Slight Seller’s Advantage) |
Evergreen, Conifer and Golden Colorado Real Estate
Each of these markets offers distinct advantages depending on what buyers or renters are looking for. Conifer provides more affordable options with larger spaces, Evergreen caters to high-end buyers seeking luxury and nature, and Golden offers the best of both worlds with urban access and outdoor appeal. For those interested in these markets, keeping an eye on price reductions and market action index trends can help in making strategic decisions.
Whether you’re looking to buy, rent, or invest, these areas of Colorado each offer unique opportunities for real estate enthusiasts.
Orson Hill Realty
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