SYS-CON MEDIA Authors: Pat Romanski, Nikita Ivanov, Yeshim Deniz, Elizabeth White, Sean Houghton

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
"Matrix is an ambitious open standard and implementation that's set up to break down the fragmentation problems that exist in IP messaging and VoIP communication," explained John Woolf, Technical Evangelist at Matrix, in this SYS-CON.tv interview at @ThingsExpo, held Nov 4–6, 2014, at the Santa Clara Convention Center in Santa Clara, CA.
An entirely new security model is needed for the Internet of Things, or is it? Can we save some old and tested controls for this new and different environment? In his session at @ThingsExpo, New York's at the Javits Center, Davi Ottenheimer, EMC Senior Director of Trust, reviewed hands-on lessons with IoT devices and reveal a new risk balance you might not expect. Davi Ottenheimer, EMC Senior Director of Trust, has more than nineteen years' experience managing global security operations and asse...
We are reaching the end of the beginning with WebRTC, and real systems using this technology have begun to appear. One challenge that faces every WebRTC deployment (in some form or another) is identity management. For example, if you have an existing service – possibly built on a variety of different PaaS/SaaS offerings – and you want to add real-time communications you are faced with a challenge relating to user management, authentication, authorization, and validation. Service providers will w...
DevOps is all about agility. However, you don't want to be on a high-speed bus to nowhere. The right DevOps approach controls velocity with a tight feedback loop that not only consists of operational data but also incorporates business context. With a business context in the decision making, the right business priorities are incorporated, which results in a higher value creation. In his session at DevOps Summit, Todd Rader, Solutions Architect at AppDynamics, discussed key monitoring techniques...
The 3rd International @ThingsExpo, co-located with the 16th International Cloud Expo - to be held June 9-11, 2015, at the Javits Center in New York City, NY - announces that it is now accepting Keynote Proposals. The Internet of Things (IoT) is the most profound change in personal and enterprise IT since the creation of the Worldwide Web more than 20 years ago. All major researchers estimate there will be tens of billions devices - computers, smartphones, tablets, and sensors - connected to th...
SYS-CON Media announced that Centrify, a provider of unified identity management across cloud, mobile and data center environments that delivers single sign-on (SSO) for users and a simplified identity infrastructure for IT, has launched an ad campaign on Cloud Computing Journal. The ads focus on security: how an organization can successfully control privilege for all of the organization’s identities to mitigate identity-related risk without slowing down the business, and how Centrify provides ...
The Internet of Things will greatly expand the opportunities for data collection and new business models driven off of that data. In her session at @ThingsExpo, Esmeralda Swartz, CMO of MetraTech, discussed how for this to be effective you not only need to have infrastructure and operational models capable of utilizing this new phenomenon, but increasingly service providers will need to convince a skeptical public to participate. Get ready to show them the money!
The 3rd International Internet of @ThingsExpo, co-located with the 16th International Cloud Expo - to be held June 9-11, 2015, at the Javits Center in New York City, NY - announces that its Call for Papers is now open. The Internet of Things (IoT) is the biggest idea since the creation of the Worldwide Web more than 20 years ago.
The term culture has had a polarizing effect among DevOps supporters. Some propose that culture change is critical for success with DevOps, but are remiss to define culture. Some talk about a DevOps culture but then reference activities that could lead to culture change and there are those that talk about culture change as a set of behaviors that need to be adopted by those in IT. There is no question that businesses successful in adopting a DevOps mindset have seen departmental culture change, ...
In her General Session at 15th Cloud Expo, Anne Plese, Senior Consultant, Cloud Product Marketing, at Verizon Enterprise, focused on finding the right mix of renting vs. buying Oracle capacity to scale to meet business demands, and offer validated Oracle database TCO models for Oracle development and testing environments. Anne Plese is a marketing and technology enthusiast/realist with over 19+ years in high tech. At Verizon Enterprise, she focuses on driving growth for the Verizon Cloud platfo...
"There is a natural synchronization between the business models, the IoT is there to support ,” explained Brendan O'Brien, Co-founder and Chief Architect of Aria Systems, in this SYS-CON.tv interview at the 15th International Cloud Expo®, held Nov 4–6, 2014, at the Santa Clara Convention Center in Santa Clara, CA.
SYS-CON Events announced today that Gridstore™, the leader in hyper-converged infrastructure purpose-built to optimize Microsoft workloads, will exhibit at SYS-CON's 16th International Cloud Expo®, which will take place on June 9-11, 2015, at the Javits Center in New York City, NY. Gridstore™ is the leader in hyper-converged infrastructure purpose-built for Microsoft workloads and designed to accelerate applications in virtualized environments. Gridstore’s hyper-converged infrastructure is the ...
This builds on Puppet Labs' first class Windows support, including native .MSI packages for x32 and x64 operating systems, modules to extend common Windows server management tools, including Powershell, and integrations with Microsoft Azure and Visual Studio. By automating common Windows administration tasks, Puppet Labs is enabling users to adopt DevOps practices, thereby reducing the time needed to deploy applications from weeks to hours.
DevOps Summit 2015 New York, co-located with the 16th International Cloud Expo - to be held June 9-11, 2015, at the Javits Center in New York City, NY - announces that it is now accepting Keynote Proposals. 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 no time to wait for long development cycles that produce software that is obsolete...
WebRTC defines no default signaling protocol, causing fragmentation between WebRTC silos. SIP and XMPP provide possibilities, but come with considerable complexity and are not designed for use in a web environment. In his session at @ThingsExpo, Matthew Hodgson, technical co-founder of the Matrix.org, discussed how Matrix is a new non-profit Open Source Project that defines both a new HTTP-based standard for VoIP & IM signaling and provides reference implementations.