Wellshire / Southern Hills

Home Sales Statistics for Southern Hills
Updated February, 2016

Southern Hills real estate has appreciated 12.9% since February, 2015

Sold Properties (past 12 months):

Homes Sold: 51

Average Days on Market: 31

Median Days on Market: 10

Most Expensive: $1,067,000

Least Expensive: $298,000

Months of Inventory: 1

Original Price Final Price Sold Price Net Sold
Average $655,786 $639,488 $630,674 $629,571
Median $650,000 $629,000 $631,000 $631,000
Avg Price / SqFt w/o Basement $222 $217 $214 $213
Avg Price / Fin SqFt w/ Basement $251 $245 $242 $241

Homes Sold By Price Point
Months of Invertory by Price Point

Southern Hills Neighborhood (Wellshire)

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Comprised of post World War II brick and frame ranch style homes on sprawling lots along winding streets, Southern Hills / Wellshire Neighborhood offers its residents a quiet lifestyle with a strong sense of community

Toward the Southeast you will find the ever popular Wellshire Golf Club, a public, 18-hole, regulation course, and the Wellshire Inn.

The covenants require that a neighborhood architectural committee review and approve any modifications to the exterior of homes and does not allow for the addition of second stories or scrapes.

A strong attraction for residents here is the Slaven’s k-8 school which is among the highest ranking schools in Denver.

Southern Hills Neighborhood Highlights:

New Denver Real Estate Project at Kent Place

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Work is also under way on the Kent Place property, Denver real estate’s latest addition, as crews continue clearing and grading the site, constructing retaining walls and installing underground utilities.

Kent Place is the proposed development of the former Denver Seminary site that covers 11.4 acres of land at University and Hampden. The original proposal put forward by developer Continuum Partners was to build 270 to 300 luxury residential condominium units along with about 52,000 square feet of retail and office space.

However, the economy brought about changes to the Denver Real Estate market. The current plan calls for construction of a retail development on half the site and will include a new concept King Soopers specialty grocery and food store as the major tenant. The elevations, along with color and material samples for building that will house the grocery store received Denver city approval.

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