As the number of homes selling for $1 million and up locally grows, the homes themselves are getting smaller.
BusinessDen’s analysis of six years of home sale data found that the number of homes selling for seven figures in seven Denver-area counties quadrupled between 2016 and 2021. That means $1 million also gets buyers less and less, prompting some to wonder whether it’s still appropriate to say the “luxury” market starts at $1 million.
But there’s still a fair deal of variety right around the seven-figure price point. A $1 million home in Arvada looks a lot different than a $1 million home in Boulder, or Cherry Creek.
Here’s what $1 million bought in and around Denver in 2021:
Arvada
(Courtesy of Keller Williams Avenue Realty)
Address: 16862 W. 94th Place, Arvada
Sale price: $1 million (Feb. 24, 2021)
Agents: Nikki Castillo and Amanda Rieter with Keller Williams Avenue Realty (seller) and Deborah Calvin with Real Estate Connections (buyer)
Description: This 6,295-square-foot home features six bedrooms, six bathrooms and is in the Candelas neighborhood.
Berkeley
(Courtesy of milehimodern)
Address: 4426 Wolff St., Denver
Sale price: $1 million (Oct. 20, 2021)
Agents: Thornton Luth with Milehimodern (seller) and Grace Sullivan with Compass – Denver (buyer)
Description: This 2,766-square-foot townhouse features four bedrooms and four bathrooms.
Boulder
(Courtesy of 8z Real Estate)
Address: 4500 Brookfield Drive, Boulder
Sale price: $1 million (March 31, 2021)
Agents: Ryan Bass with 8z Real Estate (seller) and Joanna Olszewska with Coldwell Banker Residential (buyer)
Description: This 2,126-square-foot home features four bedrooms and three bathrooms in the Majestic Heights neighborhood.
Central Park
(Courtesy of Ben Nelson for Mediamax)
Address: 3589 Alton St., Denver
Sale price: $1 million (April 19, 2021)
Agents: Erica Stegner and John Todd with TJC Real Estate (seller) and Meredith Hotz with Kentwood Real Estate DTC (buyer)
Description: This 3,574-square-foot home features four bedrooms and four bathrooms. It is one of 36 homes that Maryland-based Parkwood Homes built last year modeled after San Francisco’s Painted Ladies, the bright homes seen in movies.
Cherry Creek North
(Courtesy of Compass – Denver)
Address: 548 Madison St., Denver
Sale price: $1 million (Aug. 6, 2021)
Agents: Kathleen and Michael Surges with Compass – Denver (seller) and Keri Duffy with Kentwood Real Estate Cherry Creek (buyer)
Description: This 2,571-square-foot townhouse features two bedrooms and two bathrooms. It was originally built in 1934 and had an imaginative makeover in 1998 by famed Denver architect Jack Lawler.
Curtis Park
(Courtesy of Compass – Boulder)
Address: 2431 Stout St., Denver
Sale price: $1 million (Nov. 19, 2021)
Agents: Firuzeh Saidi with Compass – Boulder (seller) and Kevin Bolin with The Group – Horsetooth (buyer)
Description: This 2,187-square-foot home features three bedrooms and three bathrooms.
Highlands
(Courtesy of Corcoran Perry & Co.)
Address: 3460 W. 35th Ave., Denver
Sale price: $1 million (Sept. 22, 2021)
Agents: Gina Cornelison with Corcoran Perry & Co. (seller) and Ashleigh Gillespie and The Umphress Group with Keller Williams Realty Success (buyer)
Description: This 2,095-square-foot home features four bedrooms and three bathrooms.
Hilltop
(Courtesy of Milehimodern)
Address: 326 S. Jasmine St., Denver
Sale price: $1 million (Feb. 16, 2021)
Agents: Leon Ramirez with Milehimodern (seller) and Ashly Sabados with milehimodern (buyer)
Description: This 2,735-square-foot home, which was built in 2018, features four bedrooms and three bathrooms.
Sloan’s Lake
(Courtesy of Resident Realty South Metro)
Address: 2238 Julian St., Denver
Sale price: $1 million (Sept. 10, 2021)
Agents: Hasan Al-Mabuk with Resident Realty South Metro (seller) and Jill Mant with Corcoran Perry & Co. (buyer)
Description: This 2,008-square-foot Victorian home, which was built in 1890, features three bedrooms and three bathrooms.
Washington Park
(Courtesy of Engel & Volkers Denver)
Address: 1380 S. Downing St., Denver
Sale price: $1 million (Feb. 26, 2021)
Agents: Robert Tait with Engel & Volkers Denver (seller) and Heather Sowa with Redfin Corp. (buyer)
Description: This 3,353-square-foot home, which was built in 1952, features five bedrooms and four bathrooms.
Westminster
(Courtesy of Re/Max Alliance)
Address: 3700 W. 104th Ave., Westminster
Sale price: $1 million (July 26, 2021)
Agents: Ed Getsch with Re/Max Alliance (seller) and Melissa Segal with RAO Properties (buyer)
Description: This 3,965-square-foot home features four bedrooms and three bathrooms.
As the number of homes selling for $1 million and up locally grows, the homes themselves are getting smaller.
BusinessDen’s analysis of six years of home sale data found that the number of homes selling for seven figures in seven Denver-area counties quadrupled between 2016 and 2021. That means $1 million also gets buyers less and less, prompting some to wonder whether it’s still appropriate to say the “luxury” market starts at $1 million.
But there’s still a fair deal of variety right around the seven-figure price point. A $1 million home in Arvada looks a lot different than a $1 million home in Boulder, or Cherry Creek.
Here’s what $1 million bought in and around Denver in 2021:
Arvada
(Courtesy of Keller Williams Avenue Realty)
Address: 16862 W. 94th Place, Arvada
Sale price: $1 million (Feb. 24, 2021)
Agents: Nikki Castillo and Amanda Rieter with Keller Williams Avenue Realty (seller) and Deborah Calvin with Real Estate Connections (buyer)
Description: This 6,295-square-foot home features six bedrooms, six bathrooms and is in the Candelas neighborhood.
Berkeley
(Courtesy of milehimodern)
Address: 4426 Wolff St., Denver
Sale price: $1 million (Oct. 20, 2021)
Agents: Thornton Luth with Milehimodern (seller) and Grace Sullivan with Compass – Denver (buyer)
Description: This 2,766-square-foot townhouse features four bedrooms and four bathrooms.
Boulder
(Courtesy of 8z Real Estate)
Address: 4500 Brookfield Drive, Boulder
Sale price: $1 million (March 31, 2021)
Agents: Ryan Bass with 8z Real Estate (seller) and Joanna Olszewska with Coldwell Banker Residential (buyer)
Description: This 2,126-square-foot home features four bedrooms and three bathrooms in the Majestic Heights neighborhood.
Central Park
(Courtesy of Ben Nelson for Mediamax)
Address: 3589 Alton St., Denver
Sale price: $1 million (April 19, 2021)
Agents: Erica Stegner and John Todd with TJC Real Estate (seller) and Meredith Hotz with Kentwood Real Estate DTC (buyer)
Description: This 3,574-square-foot home features four bedrooms and four bathrooms. It is one of 36 homes that Maryland-based Parkwood Homes built last year modeled after San Francisco’s Painted Ladies, the bright homes seen in movies.
Cherry Creek North
(Courtesy of Compass – Denver)
Address: 548 Madison St., Denver
Sale price: $1 million (Aug. 6, 2021)
Agents: Kathleen and Michael Surges with Compass – Denver (seller) and Keri Duffy with Kentwood Real Estate Cherry Creek (buyer)
Description: This 2,571-square-foot townhouse features two bedrooms and two bathrooms. It was originally built in 1934 and had an imaginative makeover in 1998 by famed Denver architect Jack Lawler.
Curtis Park
(Courtesy of Compass – Boulder)
Address: 2431 Stout St., Denver
Sale price: $1 million (Nov. 19, 2021)
Agents: Firuzeh Saidi with Compass – Boulder (seller) and Kevin Bolin with The Group – Horsetooth (buyer)
Description: This 2,187-square-foot home features three bedrooms and three bathrooms.
Highlands
(Courtesy of Corcoran Perry & Co.)
Address: 3460 W. 35th Ave., Denver
Sale price: $1 million (Sept. 22, 2021)
Agents: Gina Cornelison with Corcoran Perry & Co. (seller) and Ashleigh Gillespie and The Umphress Group with Keller Williams Realty Success (buyer)
Description: This 2,095-square-foot home features four bedrooms and three bathrooms.
Hilltop
(Courtesy of Milehimodern)
Address: 326 S. Jasmine St., Denver
Sale price: $1 million (Feb. 16, 2021)
Agents: Leon Ramirez with Milehimodern (seller) and Ashly Sabados with milehimodern (buyer)
Description: This 2,735-square-foot home, which was built in 2018, features four bedrooms and three bathrooms.
Sloan’s Lake
(Courtesy of Resident Realty South Metro)
Address: 2238 Julian St., Denver
Sale price: $1 million (Sept. 10, 2021)
Agents: Hasan Al-Mabuk with Resident Realty South Metro (seller) and Jill Mant with Corcoran Perry & Co. (buyer)
Description: This 2,008-square-foot Victorian home, which was built in 1890, features three bedrooms and three bathrooms.
Washington Park
(Courtesy of Engel & Volkers Denver)
Address: 1380 S. Downing St., Denver
Sale price: $1 million (Feb. 26, 2021)
Agents: Robert Tait with Engel & Volkers Denver (seller) and Heather Sowa with Redfin Corp. (buyer)
Description: This 3,353-square-foot home, which was built in 1952, features five bedrooms and four bathrooms.
Westminster
(Courtesy of Re/Max Alliance)
Address: 3700 W. 104th Ave., Westminster
Sale price: $1 million (July 26, 2021)
Agents: Ed Getsch with Re/Max Alliance (seller) and Melissa Segal with RAO Properties (buyer)
Description: This 3,965-square-foot home features four bedrooms and three bathrooms.
