Five Points

Home Sales Statistics for Five Points
Updated February, 2016

Five Points real estate has depreciated 10.2% since February, 2015

Sold Properties (past 12 months):

Homes Sold: 48

Average Days on Market: 33

Median Days on Market: 11.5

Most Expensive: $808,266

Least Expensive: $221,000

Months of Inventory: 2

Original Price Final Price Sold Price Net Sold
Average $468,891 $463,066 $463,690 $463,121
Median $469,000 $461,500 $452,500 $452,002
Avg Price / SqFt w/o Basement $238 $235 $235 $235
Avg Price / Fin SqFt w/ Basement $265 $262 $262 $262

Homes Sold By Price Point
Months of Invertory by Price Point

Five Points Neighborhood

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Five Points is one of Denver’s oldest neighborhoods with some of the most interesting heritage and history. It’s located about 1 mile northeast of downtown bordered by Park Avenue, Downing Street, Stout Street and Tremont Place. The name Five Points comes from the fact that the neighborhood surrounds the 5-way intersection of Washington St., 27th Ave., 26th Ave. and Welton St. This is the junction of the downtown diagonal grid that parallels the south bank of Cherry Creek, and the rectangular grid of Denver.

Five Points has one of the few predominantly African American-owned commercial strips in the country called the Welton Corridor. Some have referred to the area as the “Harlem of the West” for it’s long-standing jazz history where many of the greats, including Billie Holiday, Duke Ellington and Miles Davis played.

Although the birth of the neighborhood was historic and prominent from the 1860’s through the 1950’s, the Five Points community suffered, as many urban areas did, in the late 1950’s through the late 1990’s due to the influx of drugs, crime and urban flight. Many properties were abandoned and the local economy became depressed. The community started to see some promising revitalization with the construction of the Light Rail system through the neighborhood in the 1990’s. The larger Denver community is happy to see that the revitalization efforts are continuing today.

The homes in Five Points are primarily Victorian style and were built in the late 1800’s. Starting in the late 1990’s many of these homes have been renovated and there’s even been some new construction of lofts and housing developments.

The Welton Street Business District, Clement neighborhood, San Rafael community, Curtis Park and Ballpark neighborhoods are located within the larger Five Points neighborhood.

Five Points Neighborhood Highlights: