Morrison, Colorado Real Estate and Relocation Information

Bear Creek flows through the charming town which got its start in 1872 when the Denver and South Park Railway opened service. Originally planned as a route from the Platte River to Southpark, a more favorable passageway left the town as the last stop for the train. Since that early beginning several floods threatened the town, but it has survived as a charming mountain town close enough to Denver to commute. Morrison’s population is under 500, and homes are scarce and prices high.

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Morrison Real Estate Prices

Morrison real estate is hard to come by. Homes rarely come on the market, but when they do they range from $225,000 to over $500,000.

Morrison Real Estate Prices for January 2008
(data from August 1, 2007 to January 31, 2008)

123 detached single family homes were sold with a median list price of $245,000. On average homes took 87 days to sell and sold for a median price of $240,000. Median price is a better measure of sold price than average, which is skewed by a few high-priced homes at the top end and low-priced homes at the bottom. Lowest sold price for detached single family homes was $129,500; highest sold price was $1,450,000. For condos and townhomes (attached family homes) the lowest sold price was $66,900 while the highest was $430,000. The median sold price was $210,000, and the average was $229,225.
 
The ratio of sold to list price was 97.34% for detached homes. The ratio of sold to original price was 94.23%, which means that sellers are still listing homes at too high a price The net sold (after seller concessions such as down payment or closing cost assistance, and the like) to original list price was 93.61%. To simplify, if a seller originally listed their home at $225,000 they realized $210,623 from the sale.
 
By the time the seller finally reached a marketable price after having listing it too high, the sold to list ratio improved to 97.34%, and the net sold to list price was 96.70%.

Morrison, Colorado Restaurants and Attractions

Morrison boasts a number of interesting restaurants. The best known is The Fort, an upscale restaurant built like an adobe fort specializing in Colorado buffalo and beef. Another is the Dream Café, a place for brunch or a romantic dinner.

Red Rocks Amphitheater is a spectacular natural concert setting for performers from rock stars to poets, seating 9,000. Built in the 1930s during Franklin Delano Roosevelt’s Civilian Conservation Corps, it has hosted many superstars such as the Beatles, Count Basie, U2, Sting, Victor Borge, Bruce Springsteen, Phish, the Grateful Dead, Itzhak Perlman, Willie Nelson, Bono, and too many others to count. Many artists have recorded concerts at Red Rocks because of its nearly perfect natural acoustics. An Easter sunrise service has been traditional here for 60 years. The Visitor’s Center was recently renovated and placed underground. It hosts a gourmet restaurant, Ship Rock Grille.

Morrison, Colorado Zip Codes

• 80465

Morrison, Colorado Hospitals and Medical Center

• Exempla Lutheran Medical Center, Wheat Ridge

Morrison, Colorado Weather

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