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A Growing Commerce City

12/8/2014

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    I recently attended the groundbreaking ceremony for a new neighborhood park in Commerce City.  I serve on the Adams County Open Space Advisory Board and was involved in approving a grant to help fund this park.  It's rewarding to see how we are helping local cities grow.  It's exciting to see how this community is rallying around their goals to see the area expand and improve and just simply make living here great for its citizens for years to come.  
    Fronterra Park is located just south of 104th Ave at the intersection of Joplin Ave and E 101st Ave.  It'll actually be built between two schools:  Second Creek Elementary to the south and Stuart Middle School to the north.  You can read more about the park and the city's capital improvement program here.    
     
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    This area of Commerce City has been steadily growing for several years now - the most impactful recent construction being the large King Soopers grocery store at E 104th Ave and Chambers.  New construction homes continue to pop up throughout the area as local amenities expand, supporting the population growth.  Another great feature of this area is the Buffalo Run Golf Course.   Over the last 5 years, we've seen continued price appreciation nearby as indicated by the graph below.  This graph shows how the median sale price of this area has changed over the last 5 years.  
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Looking at 25 current active properties for sale in this community of Commerce City, here are some quick stats:
Average List Price: $381,575.
Average Total Square Footage: 3766.
Average Time on Market: 86 Days (skewed by the new construction on the market in area).

As a real estate broker in the Denver metro area, I'd highly encourage you to check out this area if you are considering purchasing a new home.  My past clients who have purchased in this area are very happy with their homes and neighborhoods and received a great "bang for their buck".  With the city and its citizens' plans for the future, I see this as a great area for years to come. 
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    ​Drew Morris

    Denver Area Realtor

      

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