In June 1959, 15,000 people showed up when the first model homes in Northglenn, a community just north of Denver, opened to the public.
Now, nearly 60 years later, the suburb is again gaining notice for the strength of its real estate market, reports Denver Post staffer Emile Rusch.
In a recent Realtor.com report that ranks the hottest housing markets, Northglenn placed third, with homes selling in about 11 days.
Affordability is a key selling point for Northglenn, said Laura Ruch, broker associate with Keller Williams Preferred and current board chairwoman of the Denver Metro Association of Realtors.
“That’s one of the biggest reasons you’re seeing the hot market that you’re seeing — there really are a lot of available homes in that under-$300,000 market,” Ruch said. “If you look in 80233, the Northglenn-specific area, currently active homes, you only have three that are active above $300,000.”