Welcome!

News Feed Item

City Showdown: Redfin Data Reveals How Denver and Seattle Compare Off The Field

Report also uncovers where the quarterbacks, rookies, and super fans could afford to live in each city

SEATTLE, Jan. 21, 2014 /PRNewswire/ -- Redfin (www.redfin.com), the technology-powered real estate brokerage, today released a report comparing Denver and Seattle when it comes to home prices, types of homes, and other city characteristics. The report also looked at where the quarterbacks, rookies, and super fans could afford to live in each city.

(Photo: http://photos.prnewswire.com/prnh/20140121/SF50264)

(Logo: http://photos.prnewswire.com/prnh/20131113/SF17046LOGO)

Denver

Broncos

Metric

Seattle

Seahawks

604,356

Population*

612,916

$49,091

Median household income

$63,470

45%

Bachelors degree or higher*

58%

50%

Homeownership rate*

47%

$260,547

Sale price of homes sold, 2013

$403,402

1,671

Square footage of homes sold, 2013

1,622

6,250

Lot size of homes sold, 2013

5,500

14%

% of homes sold in 2013 with a view

63%

299

# of homes for sale near football stadium

194

$489,000

List price of homes for sale near stadium

$537,000

*According to the latest U.S. Census data available at www.Census.gov

What are the fans like? Healthy, wealthy and wise.

Outside of the stadium, Denver fans and Seattle fans would probably get along. According to the American College of Sports Medicine's most recent American Fitness Index, Seattle is the #8 most "fit and healthy" city, while Denver ranks #9. Both cities are located near mountain ranges that offer a host of outdoor activities, which helps to keep each city fit.

Denver and Seattle also have a healthy economy, with numerous technology companies headquartered in the region. However, Seattleites bring home more income. According to the latest Census data, the median household income in Seattle is $63,470, vs. $49,091 in Denver. And all those high-tech jobs require a college education; in Seattle, 58% of people over the age of 25 have a bachelor's degree or higher, and in Denver 45% of people do.

How do they live? In 1,600 square feet.

Around half the people in Denver and Seattle own a home (50.4% vs. 47.3% respectively). And it's a good thing people in Seattle have a higher income, because Seattleites pay a lot more than those in the mile high city. According to Redfin data, the median sale price of homes sold in 2013 was $403,402 for Seattle and $260,547 for Denver.

What do they get for that price? The homes in each city are about the same size, with a median square footage of around 1,600. However, people in Denver have bigger yards, with a median lot size of 6,250 square feet vs. Seattle's 5,500. What Seattle homes lack in yard space they make up for in views. According to data that Redfin pulled from the multiple listing service, 63% of Seattle homes sold in 2013 mentioned a view in the listing description, vs. 14% of Denver homes.

Where could their quarterbacks, rookies and super fans live?

Peyton Manning

According to Spotrac, the Bronco's Peyton Manning earns $19.2 million annually. After joining the Broncos, he purchased this beautiful home in Cherry Hills Village for $4.575 million. The estate spans more than 16,400 square feet, with seven bedrooms and 7.5 baths. It features a gun room/safe house, billiard room with full bar, home theater, an AMX home computer system, and an elevator to all three levels. If he's looking to upgrade after this year's big game, Redfin suggests the home at 4603 S Denice Dr, which is currently on the market for $9.5 million. It spans 21,000 square feet and has all the amenities of his current home, plus a giant pool and spa.

Russell Wilson

The Seahawks' Russell Wilson earns just $749,176 annually, but it's likely this quarterback phenom will get a huge raise in his next contract and might be looking to trade up into bigger digs in the near future. If he wants to stay close to the stadium, he could purchase this modern home only two miles away for $789,000. If he wants to move near the Seattle Children's Hospital where he volunteers, there's this home in Laurelhurst for $1.399 million.

Rookies Montee Ball and Luke Willson

Montee Ball, the rookie running back for the Broncos, brings home $866,082 annually, which is more than Russell Wilson. With that kind of income, Ball could purchase a beautiful three-bedroom home in Lone Tree, CO, for $870,550. On the Seahawks side, rookie tight end Luke Willson makes $584,633 annually. For that kind of money, Redfin suggests a unit in the brand new Solo Lofts building, close to Ballard nightlife.

Richard Sherman

One of the most talked about players this year is Richard Sherman, the Seahawks' cornerback who taunted 49ers players in a post game interview after the NFC Championship. According to the July 2013 issue of Sports Illustrated, Sherman lives in the suburbs of Seattle, near a forested area that attracts deer and other wildlife. He makes an average of $555,606 annually, but that's surely going to increase after this tremendous year. When he's ready to upgrade, Redfin suggests the estate at 20515 SE 388th St, listed for $1.1 million. The 7,200 square foot home is surrounded by 10 forested acres, and offers plenty of space for entertaining friends and family after the big game.

For the Fans

Super fans who want to live within two miles of the stadium have plenty of options in both cities. There are 299 homes for sale near the Mile High Stadium, with a median list price of $489,000. Redfin suggests the home at 3319 W. 20th Ave, just four blocks from the stadium, with an asking price of $449,900. There are 194 homes for sale near CenturyLink Field, with a median list price of $537,000. One option is the renovated condo at 1119 1st Ave, #301, which is on the market for $245,000 and just a short walk to the stadium.

To read the full report, complete with images, click or paste the following link: http://blog.redfin.com/blog/2014/01/denver-vs-seattle-a-super-bowl-city-showdown.html.

Connect with Redfin

Facebook 
Google+ 
LinkedIn 
Twitter 
Download the Redfin mobile app

About Redfin

Redfin (www.redfin.com) is a technology-powered real estate broker that represents people buying and selling homes. Founded and run by technologists, Redfin has a team of experienced, full-service real estate agents who are advocates, not sales-people, earning customer-satisfaction bonuses, not commissions. Redfin.com features all the broker-listed homes for sale, as well as for-sale-by-owner properties that don't pay brokers a commission. Redfin also offers online tools that make the entire process of buying or selling a home easier and more fun. The company serves 22 U.S. markets and has closed more than $13 billion in home sales. In 2012, Redfin was named one of The DIGITAL 100: World's Most Valuable Private Tech Companies by Business Insider.

SOURCE Redfin

More Stories By PR Newswire

Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Latest Stories
Wooed by the promise of faster innovation, lower TCO, and greater agility, businesses of every shape and size have embraced the cloud at every layer of the IT stack – from apps to file sharing to infrastructure. The typical organization currently uses more than a dozen sanctioned cloud apps and will shift more than half of all workloads to the cloud by 2018. Such cloud investments have delivered measurable benefits. But they’ve also resulted in some unintended side-effects: complexity and risk. ...
It is ironic, but perhaps not unexpected, that many organizations who want the benefits of using an Agile approach to deliver software use a waterfall approach to adopting Agile practices: they form plans, they set milestones, and they measure progress by how many teams they have engaged. Old habits die hard, but like most waterfall software projects, most waterfall-style Agile adoption efforts fail to produce the results desired. The problem is that to get the results they want, they have to ch...
With the introduction of IoT and Smart Living in every aspect of our lives, one question has become relevant: What are the security implications? To answer this, first we have to look and explore the security models of the technologies that IoT is founded upon. In his session at @ThingsExpo, Nevi Kaja, a Research Engineer at Ford Motor Company, discussed some of the security challenges of the IoT infrastructure and related how these aspects impact Smart Living. The material was delivered interac...
In 2014, Amazon announced a new form of compute called Lambda. We didn't know it at the time, but this represented a fundamental shift in what we expect from cloud computing. Now, all of the major cloud computing vendors want to take part in this disruptive technology. In his session at 20th Cloud Expo, Doug Vanderweide, an instructor at Linux Academy, discussed why major players like AWS, Microsoft Azure, IBM Bluemix, and Google Cloud Platform are all trying to sidestep VMs and containers wit...
The Internet giants are fully embracing AI. All the services they offer to their customers are aimed at drawing a map of the world with the data they get. The AIs from these companies are used to build disruptive approaches that cannot be used by established enterprises, which are threatened by these disruptions. However, most leaders underestimate the effect this will have on their businesses. In his session at 21st Cloud Expo, Rene Buest, Director Market Research & Technology Evangelism at Ara...
"We are a monitoring company. We work with Salesforce, BBC, and quite a few other big logos. We basically provide monitoring for them, structure for their cloud services and we fit into the DevOps world" explained David Gildeh, Co-founder and CEO of Outlyer, in this SYS-CON.tv interview at DevOps Summit at 20th Cloud Expo, held June 6-8, 2017, at the Javits Center in New York City, NY.
When growing capacity and power in the data center, the architectural trade-offs between server scale-up vs. scale-out continue to be debated. Both approaches are valid: scale-out adds multiple, smaller servers running in a distributed computing model, while scale-up adds fewer, more powerful servers that are capable of running larger workloads. It’s worth noting that there are additional, unique advantages that scale-up architectures offer. One big advantage is large memory and compute capacity...
SYS-CON Events announced today that IBM has been named “Diamond Sponsor” of SYS-CON's 21st Cloud Expo, which will take place on October 31 through November 2nd 2017 at the Santa Clara Convention Center in Santa Clara, California.
A look across the tech landscape at the disruptive technologies that are increasing in prominence and speculate as to which will be most impactful for communications – namely, AI and Cloud Computing. In his session at 20th Cloud Expo, Curtis Peterson, VP of Operations at RingCentral, highlighted the current challenges of these transformative technologies and shared strategies for preparing your organization for these changes. This “view from the top” outlined the latest trends and developments i...
"Loom is applying artificial intelligence and machine learning into the entire log analysis process, from start to finish and at the end you will get a human touch,” explained Sabo Taylor Diab, Vice President, Marketing at Loom Systems, in this SYS-CON.tv interview at 20th Cloud Expo, held June 6-8, 2017, at the Javits Center in New York City, NY.
In his session at @ThingsExpo, Eric Lachapelle, CEO of the Professional Evaluation and Certification Board (PECB), provided an overview of various initiatives to certify the security of connected devices and future trends in ensuring public trust of IoT. Eric Lachapelle is the Chief Executive Officer of the Professional Evaluation and Certification Board (PECB), an international certification body. His role is to help companies and individuals to achieve professional, accredited and worldwide re...
With major technology companies and startups seriously embracing Cloud strategies, now is the perfect time to attend 21st Cloud Expo October 31 - November 2, 2017, at the Santa Clara Convention Center, CA, and June 12-14, 2018, at the Javits Center in New York City, NY, and learn what is going on, contribute to the discussions, and ensure that your enterprise is on the right path to Digital Transformation.
New competitors, disruptive technologies, and growing expectations are pushing every business to both adopt and deliver new digital services. This ‘Digital Transformation’ demands rapid delivery and continuous iteration of new competitive services via multiple channels, which in turn demands new service delivery techniques – including DevOps. In this power panel at @DevOpsSummit 20th Cloud Expo, moderated by DevOps Conference Co-Chair Andi Mann, panelists examined how DevOps helps to meet the de...
Automation is enabling enterprises to design, deploy, and manage more complex, hybrid cloud environments. Yet the people who manage these environments must be trained in and understanding these environments better than ever before. A new era of analytics and cognitive computing is adding intelligence, but also more complexity, to these cloud environments. How smart is your cloud? How smart should it be? In this power panel at 20th Cloud Expo, moderated by Conference Chair Roger Strukhoff, pane...
@DevOpsSummit at Cloud Expo taking place Oct 31 - Nov 2, 2017, at the Santa Clara Convention Center, Santa Clara, CA, is co-located with the 21st International Cloud Expo and will feature technical sessions from a rock star conference faculty and the leading industry players in the world. The widespread success of cloud computing is driving the DevOps revolution in enterprise IT. Now as never before, development teams must communicate and collaborate in a dynamic, 24/7/365 environment. There is ...