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
If you’re responsible for an application that depends on the data or functionality of various IoT endpoints – either sensors or devices – your brand reputation depends on the security, reliability, and compliance of its many integrated parts. If your application fails to deliver the expected business results, your customers and partners won't care if that failure stems from the code you developed or from a component that you integrated. What can you do to ensure that the endpoints work as expect...
As ridesharing competitors and enhanced services increase, notable changes are occurring in the transportation model. Despite the cost-effective means and flexibility of ridesharing, both drivers and users will need to be aware of the connected environment and how it will impact the ridesharing experience. In his session at @ThingsExpo, Timothy Evavold, Executive Director Automotive at Covisint, will discuss key challenges and solutions to powering a ride sharing and/or multimodal model in the a...
In this strange new world where more and more power is drawn from business technology, companies are effectively straddling two paths on the road to innovation and transformation into digital enterprises. The first path is the heritage trail – with “legacy” technology forming the background. Here, extant technologies are transformed by core IT teams to provide more API-driven approaches. Legacy systems can restrict companies that are transitioning into digital enterprises. To truly become a lea...
IoT is fundamentally transforming the auto industry, turning the vehicle into a hub for connected services, including safety, infotainment and usage-based insurance. Auto manufacturers – and businesses across all verticals – have built an entire ecosystem around the Connected Car, creating new customer touch points and revenue streams. In his session at @ThingsExpo, Macario Namie, Head of IoT Strategy at Cisco Jasper, will share real-world examples of how IoT transforms the car from a static p...
Cloud computing is being adopted in one form or another by 94% of enterprises today. Tens of billions of new devices are being connected to The Internet of Things. And Big Data is driving this bus. An exponential increase is expected in the amount of information being processed, managed, analyzed, and acted upon by enterprise IT. This amazing is not part of some distant future - it is happening today. One report shows a 650% increase in enterprise data by 2020. Other estimates are even higher....
From wearable activity trackers to fantasy e-sports, data and technology are transforming the way athletes train for the game and fans engage with their teams. In his session at @ThingsExpo, will present key data findings from leading sports organizations San Francisco 49ers, Orlando Magic NBA team. By utilizing data analytics these sports orgs have recognized new revenue streams, doubled its fan base and streamlined costs at its stadiums. John Paul is the CEO and Founder of VenueNext. Prior ...
One of biggest questions about Big Data is “How do we harness all that information for business use quickly and effectively?” Geographic Information Systems (GIS) or spatial technology is about more than making maps, but adding critical context and meaning to data of all types, coming from all different channels – even sensors. In his session at @ThingsExpo, William (Bill) Meehan, director of utility solutions for Esri, will take a closer look at the current state of spatial technology and ar...
The Internet of Things can drive efficiency for airlines and airports. In their session at @ThingsExpo, Shyam Varan Nath, Principal Architect with GE, and Sudip Majumder, senior director of development at Oracle, will discuss the technical details of the connected airline baggage and related social media solutions. These IoT applications will enhance travelers' journey experience and drive efficiency for the airlines and the airports. The session will include a working demo and a technical d...
Businesses are struggling to manage the information flow and interactions between all of these new devices and things jumping on their network, and the apps and IT systems they control. The data businesses gather is only helpful if they can do something with it. In his session at @ThingsExpo, Chris Witeck, Principal Technology Strategist at Citrix, will discuss how different the impact of IoT will be for large businesses, expanding how IoT will allow large organizations to make their legacy ap...
What happens when the different parts of a vehicle become smarter than the vehicle itself? As we move toward the era of smart everything, hundreds of entities in a vehicle that communicate with each other, the vehicle and external systems create a need for identity orchestration so that all entities work as a conglomerate. Much like an orchestra without a conductor, without the ability to secure, control, and connect the link between a vehicle’s head unit, devices, and systems and to manage the ...
The many IoT deployments around the world are busy integrating smart devices and sensors into their enterprise IT infrastructures. Yet all of this technology – and there are an amazing number of choices – is of no use without the software to gather, communicate, and analyze the new data flows. Without software, there is no IT. In this power panel at @ThingsExpo, moderated by Conference Chair Roger Strukhoff, panelists will look at the protocols that communicate data and the emerging data analy...
SYS-CON Events announced today that Commvault, a global leader in enterprise data protection and information management, has been named “Bronze Sponsor” of SYS-CON's 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. Commvault is a leading provider of data protection and information management solutions, helping companies worldwide activate their data to drive more value and business insight and to transform moder...
Creating replica copies to tolerate a certain number of failures is easy, but very expensive at cloud-scale. Conventional RAID has lower overhead, but it is limited in the number of failures it can tolerate. And the management is like herding cats (overseeing capacity, rebuilds, migrations, and degraded performance). Download Slide Deck: ▸ Here In his general session at 18th Cloud Expo, Scott Cleland, Senior Director of Product Marketing for the HGST Cloud Infrastructure Business Unit, discusse...
Whether they’re located in a public, private, or hybrid cloud environment, cloud technologies are constantly evolving. While the innovation is exciting, the end mission of delivering business value and rapidly producing incremental product features is paramount. In his session at @DevOpsSummit at 19th Cloud Expo, Kiran Chitturi, CTO Architect at Sungard AS, will discuss DevOps culture, its evolution of frameworks and technologies, and how it is achieving maturity. He will also cover various st...
SYS-CON Events announced today that eCube Systems, a leading provider of middleware modernization, integration, and management solutions, will exhibit at @DevOpsSummit at 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. eCube Systems offers a family of middleware evolution products and services that maximize return on technology investment by leveraging existing technical equity to meet evolving business needs. ...