42
AS BRONCOS, SEAHAWKS FACE OFF,
ANALYSTS COMPARE MARKETS
In the days leading up to this month's Super
Bowl, the sports world lit up with comparisons
of the two teams, with analysts tossing afield
everything from the number of veteran players
to yards gained during the season. At the same
time, ZipRealty, a national online real estate
brokerage based in Emeryville, California,
looked at the stats
to compare the two
teams' home housing
markets.
"Both Denver
and Seattle have elite
pro football teams
that fought hard on
the field all season to
win championships
in their respective
divisions, which
earned them a Super
Bowl berth," said
Van Davis, president
of brokerage
operations for
ZipRealty.
"But we wanted to take a closer look at these
two champions to see how they perform off the
field, in the housing market," he added.
ZipRealty aligned housing metrics with
football metrics to determine which market
"gains more yards," or has larger properties; has
"the most veteran players," or has fewer new
homes; "whose players move the fastest," or
which market's homes are selling fastest; has
the "most expensive players," or most expensive
homes; and which "coaching staff is best," or
which market's real estate agents perform best.
Denver's market pulled ahead of Seattle
at least marginally in four out of the five
categories.
Denver's homes are larger—averaging 74,636
square feet compared to Seattle's 60,754 square
feet.
Denver has a slightly higher percentage of
new construction than Seattle—5.4 percent
compared to Seattle's 5.3 percent.
When it comes to speed, Denver takes a
notable lead, with homes selling in almost half
the time as in Seattle.
Homes in Denver spend a median 18 days
on the market, and homes in Seattle spend a
median 32 days on the market.
ZipRealty also compared agent ratings in
the two cities, finding a very close race. Denver
slipped ahead just a bit with a 4.91 out of five,
while Seattle earned a 4.84 out of five.
e one category where Seattle won was
"most expensive players." e median sales price
in Seattle is $285,849, while the median price in
Denver is $259,000, according to ZipRealty.
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