1. PM::market activity section

With over 115,000 people Arvada is the 7th largest city in Colorado and a suburb of Denver.  Named by some locals “West Denver”, and a first-ring suburb, Arvada is close enough to Denver proper to conveniently take advantage of all of the entertainment and amenities that Denver has to offer, but just far enough to retain its small town charm.  Residents have a variety of neighborhood options, including charming downtown historic bungalows and cottages, golf and country club areas, suburban neighborhoods with new construction, farm and equestrian estates and plenty of apartment, condo and townhome areas. 

Arvada has grown not only in population but in prosperity and is one of the top wealthiest zip codes in Colorado. It is considered part of the Denver MSA (Metropolitan Statistical Area) and largely in Jefferson County, with a small portion of it extending into Adams County.

In 2016 the real estate website Trulia named part of Arvada as the best neighborhood in Denver.  The ranking was based on ease of living a healthy lifestyle, including quiet streets, access to parks and playgrounds and number and proximity of hospitals and care facilities in the area.

Olde Town Arvada is quickly becoming a destination for residents and non-residents alike.  A very pedestrian-friendly design and the Olde Town commuter rail line station at Grandview Avenue consistently bring crowds to this little borough marked by historic buildings and an authenticity that can't be faked or developed.  Olde Town Arvada is on the National Register of Historic Places, and savvy entrepreneurs have scooped up spaces that now have some of the best eateries and bars in the west Denver Metro.

Arvada
  • Square Miles: 35.14
  • Population: 111,707
  • Per Capita Income: $33,019
  • Median Household Income: $68,017
  • Housing Units: 44,427
  • Homeownership Rate: 74.1%
  • Median Home Price: $241,000

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Market Activity — May 2017

New Listings

298

listings
Compared to previous month (289)

Homes on Market

839

listings
Compared to previous month (795)

Sold Listings

232

listings
Compared to previous month (254)

Average Days on Market

9

days
Compared to previous month (23)

Sales Price/List Price %

100

percent
Compared to previous month (100)

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