Hello, Denver! Stacey Stambaugh with The Savvy Group here. As someone who has had a front-row seat to watch this city grow and evolve, I can tell you that one neighborhood has continued to hold a special place in my heart: The Highlands. It’s that perfect mix of old Denver charm and modern, vibrant city life, and understanding its unique vibe is key to success in the Denver real estate market.
What Makes The Highlands So Special?
The moment you cross over the Highland Bridge from downtown, you feel a distinct shift in atmosphere. The Highlands isn’t just a single place; it’s a collection of unique enclaves, each contributing to its overall allure.
- LoHi (Lower Highland): Known for its buzzing energy, incredible restaurants, and stunning skyline views.
- Highlands Square: A charming, boutique-filled hub with cafés lining West 32nd Avenue and Lowell Boulevard.
- Potter Highlands: A historic pocket where original Victorian homes and tree-lined streets tell Denver’s story.
This architectural diversity, where turn-of-the-century bungalows sit alongside sleek new builds, is a testament to the neighborhood’s ability to evolve without losing its soul. It still feels like a true community with porch hangs, neighborhood events, and small businesses that know your name.
Why The Highlands is a Top Choice for Denver Living
The Highlands is all about walkability and lifestyle. Residents enjoy a vibrant urban life with everything they need right at their fingertips.
- A Culinary and Social Hub: The food and drink scene is legendary, with some of the city’s best restaurants (like Linger and Root Down), breweries with cult followings, and sweet spots like Little Man Ice Cream that are local staples.
- Boutique Shopping: Highlands Square is the destination for unique shops and galleries, offering that small-town feel right in the middle of the city.
- Access to Green Space: Urban living doesn’t mean sacrificing nature. With Highland Park, easy access to the Platte River trail, and a quick connection to Confluence Park, outdoor recreation is always within reach.
- Strategic Location: Located just minutes from downtown Denver and with easy access to I-25, The Highlands offers unparalleled convenience, whether you’re commuting or heading to the mountains.
Navigating The Highlands Real Estate Market
The real estate market in The Highlands is competitive, but that’s a reflection of its high demand. The mix of home styles, from classic single-family homes to modern townhomes and condos, makes it a desirable location for diverse buyers.
However, the broader Denver real estate market is currently shifting. Inventory is up significantly, with over 10,650 homes on the market—the most we’ve seen in the past year. At the same time, buyer activity has slowed, down 8% from last week and 13% from this time last year.
So what does this market shift mean for you?
For Buyers: This Is Your Moment
You have more choices, less competition, and increased leverage in negotiations. Buyers are taking their time and being selective. We’re seeing demand for turnkey homes with great outdoor living spaces, home offices, and energy efficiency. While you have the luxury of time, be ready to move quickly on a “cream puff” home—a well-priced, move-in-ready property will not last long.
For Sellers: Pricing and Presentation Are Everything
If you’re a seller in The Highlands, know that success requires a strategic approach. About 37% of homes that went under contract last week had a price reduction, usually around 5% off list. And only about 40% of homes are going under contract within 30 days. This means your home must stand out from the competition. Proper pricing and flawless presentation are non-negotiable.
The Savvy Group Difference: Your Strategic Partner
Success in this market isn’t about luck; it’s about having a smart, data-driven strategy. At The Savvy Group, we offer the rare combination of profound local insight and proven, strategic expertise. I’m committed to keeping you informed so you can navigate the Denver real estate market with confidence. If you’re ready to make a move, let’s talk.
