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Denver - Town vs. County Stats
Avg Price in Denver: $650,000 / County Avg $658,700
Avg Taxes in Denver: $2,700 / County Avg $2,700
Avg Sq. Ft. in Denver: 2,072 / County Avg 2,061
Avg Price per/ft2 in Denver: $314 / County Avg $320
Avg Walkscore in Denver: 63 / County Avg 64
Avg Year Built in Denver: 1973 / County Avg 1973
Avg Days on Website in Denver: 54 / County Avg 56
Denver Real Estate Market Health
The City and County of Denver (pronounced /'d?nv?/) is the capital and the most populous city of Colorado, in the United States. Denver is located in the South Platte River Valley on the High Plains just east of the Front Range of the Southern Rocky Mountains.
The Denver downtown district is located immediately east of the confluence of Cherry Creek with the South Platte River, approximately 15 miles (24 km) east of the foothills of the Rocky Mountains. Denver is nicknamed the Mile-High City because its official elevation is exactly one mile (5280 feet or 1609.344 m) above sea level. The United States Census Bureau estimates that, in 2006, the population of the City and County of Denver was 566,974, making it the 26th most populous U.S. city. The Denver-Aurora Metropolitan Statistical Area had an estimated 2006 population of 2,408,750 and ranked as the 21st most populous U.S. metropolitan statistical area, and the larger Denver-Aurora-Boulder Combined Statistical Area had an estimated 2006 population of 2,927,911 and ranked as the 17th most populous U.S. metropolitan area. The city claims to have the 10th largest downtown in the United States.
Denver City was founded in November of 1858 as a mining town during the Pikes Peak Gold Rush in western Kansas Territory. That summer, a group of gold prospectors from Lawrence, Kansas, arrived and established Montana City on the banks of the South Platte River. This was the first settlement in what was later to become the city of Denver. The site faded quickly, however, and was abandoned in favor of Auraria (named after the gold-mining town of Auraria, Georgia) and St. Charles City by the summer of 1859. The Montana City site is now Grant-Frontier Park and includes mining equipment and a log cabin replica. On November 22, 1858, General William Larimer, a land speculator from eastern Kansas, placed cottonwood logs to stake a claim on the hill overlooking the confluence of the South Platte River and Cherry Creek, across the creek from the existing mining settlement of Auraria. Larimer named the town site Denver City to curry favor with Kansas Territorial Governor James W. Denver.
Larimer hoped that the town's name would help make it the county seat of Arapaho County, but ironically Governor Denver had already resigned from office. The location was accessible to existing trails and was across the South Platte River from the site of seasonal encampments of the Cheyenne and Arapaho. The site of these first towns is now the site of Confluence Park in downtown Denver. Larimer, along with associates in the St. Charles City Land Company, sold parcels in the town to merchants and miners, with the intention of creating a major city that would cater to new emigrants. Denver City was a frontier town, with an economy based on servicing local miners with gambling, saloons, livestock and goods trading. In the early years, land parcels were often traded for grubstakes or gambled away by miners in Auraria. The Colorado Territory was created on February 28, 1861, Arapahoe County was formed on November 1, 1861, and Denver City was incorporated on November 7, 1861. Denver City served as the Arapahoe County Seat from 1861 until consolidation in 1902.
In 1865, Denver City became the Territorial Capital. With its new-found importance, Denver City shortened its name to just Denver. On August 1, 1876, Denver became the State Capital when Colorado was admitted to the Union. Between the years 1880-1895 the city experienced a huge rise in city corruption, as crime bosses, such as Soapy Smith, worked side-by-side with elected officials and the police to control the elections, gambling, and the bunko gangs. In 1887, the precursor to the international charity United Way was formed in Denver by local religious leaders who raised funds and coordinated various charities to help Denver's poor. By 1890, Denver had grown to be the second largest city west of Omaha, but by 1900 it had dropped to third place behind San Francisco and Los Angeles. In 1901 the Colorado General Assembly voted to split Arapahoe County into three parts: a new consolidated City and County of Denver, a new Adams County, and the remainder of the Arapahoe County to be renamed South Arapahoe County. A ruling by the Colorado Supreme Court, subsequent legislation, and a referendum delayed the creation of the City and County of Denver until 1902-11-15.
Denver hosted the 1908 Democratic National Convention to promote the city's status on the national political and socio-economic stage. Beat icon Neal Cassady was raised on Larimer Street in Denver, and a portion of Jack Kerouac's beat masterpiece On the Road takes place in the city, and is based on the beat's actual experiences in Denver during a road trip. Beat poet Allen Ginsberg lived for a time in a basement apartment on Grant Street (no longer standing), and Kerouac briefly owned a home in the Denver suburb of Lakewood in the late spring and summer of 1949. In addition, Ginsberg helped found the "Jack Kerouac School of Disembodied Poetics at Naropa," in nearby Boulder at the Buddhist college Naropa University, then Naropa Institute.
Denver was selected to host the 1976 Winter Olympics to coincide with Colorado's centennial celebration, but Colorado voters struck down ballot initiatives allocating public funds to pay for the high costs of the games, so the games were moved to Innsbruck, Austria. The notoriety of becoming the only city ever to decline to host an Olympiad after being selected has made subsequent bids difficult. The movement against hosting the games was based largely on environmental issues and was led by then State Representative Richard Lamm. Lamm was subsequently elected as Colorado governor in 1974. Denver has also been known historically as the Queen City of the Plains because of its important role in the agricultural industry of the plains regions along the foothills of the Colorado Front Range. Several US Navy ships have been named USS Denver in honor of the city.
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