Kentwood City has huge market share downtown!

A quick tour though the MLS yesterday showed some remarkable statistics.  There are 86 properties currently under contract, with Kentwood City representing 26 of those on the listing side and another 12 on the buying side. 

We have not seen so much activity downtown in quite some time.  I believe that the infrastructure improvements going on in our fine city, including TREX and FasTracks have re-ignited the market for downtown properties.  There are several new amenities on track including the Museum of Contemporary Art and the Clifford Still Museum.  Also, new buildings and new office tenants at the EPA, Hines, and Opus building sites.

Kentwood City's share of the downtown market sales is remarkable.  We know that we are the dominant brokerage house with 40 full-time, professional brokers selling the central Denver area, including LoDo but also Cherry Creek, Country Club, Washington Park, the Highlands, Curtis Park, and beyond.  But this volume and share of sales in a resurging Denver real estate market is surprising. 

The statistics quoted include the LoDo subarea from MLS, which includes Riverfront Park and some of upper dowtown and ballpark districts.  This means that even among the new resales avaiable and under contract at the Glass House building, we dominate the market.