Wheat Ridge, Colorado Real Estate and Relocation Information

Wheat Ridge had its beginnings in 1859 as a farming community where wheat was grown on the ridges of the rolling hills in this western suburb 30 minutes from downtown Denver. It later became the largest producer of carnations worldwide until the mid-20th century with the importing of South American carnations at lower prices, and still has a carnation festival annually in August.

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Wheat Ridge, Colorado Real Estate

Real estate in Wheat Ridge includes older homes on tree-lined streets to luxury homes in new subdivisions as well as large executive homes in exclusive subdivisions.

• The average sold price for a single family home is $265,300 for a 3-5 bedroom, 2-3 bath home, 1,300-1,500 square foot ranch on a city lot.
• Condos/townhomes sell from the low $100,000s up to $230,000 for a newly built 3 bedroom, 2 bath, 1,400+ square foot condo, while the average sold price is close to $150,000.

July 2008 Market Statistics

In metro Denver closed sales in July were 5,123 compared with 4,980 in July 2007, a 2.9% gain. The average selling price for the period was $262,224 compared to an average in July 2007 of $289,294, a percentage drop of 9.4. The median sale price for single-family homes was $229,200 compared with $255,000 in July 2007, for a drop of 10.1%. 969 condos and townhomes sold in July 2008, compared with 1,081 for the same period in 2007, a drop of 10.4%. Median prices for condos in July 2008 were $149,000 compared with $158,000 in July 2008, a drop of 5.7%. For single family houses, condos and townhomes the average number of days a house was on the market in July 2008 was 98, and in July 2007 was 95. The list to sale ratio was 97% in 2008 versus 98% in 2007. 25,673 houses are currently on the market and interest rates are still low. It’s a great time to buy in the Denver real estate market, but if you’re a seller you may want to wait till conditions improve.

Check out the current Market Conditions Report for further analysis.

Wheat Ridge, Colorado Parks and Recreation

Wheat Ridge did not incorporate until August of 1969, when it was faced with annexation by surrounding cities. Since then it has developed a city government responsive to the needs of the people, and has spent millions building parks and recreational facilities as well as developing open space and bike trails along Clear Creek for its residents.

Wheat Ridge Shopping and Dining

• Wheat Ridge is close to some of the area’s best shopping. Belmar, Lakewood’s New Urbanism downtown, is just 5 minutes away. Colorado Mills, a large outlet and specialty store mall is nearby. The neighborhood around 38th and Teller is filled with quaint shops.
• Wheat Ridge boasts 85+ restaurants within its borders. One that bears investigation is Luke’s – Steak Place.

Wheat Ridge, Colorado Zip Codes

• 80033

Wheat Ridge Hospitals and Medical Centers

• Exempla Lutheran Medical Center

Wheat Ridge, Colorado Weather

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