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Cherry Hills Village, Colorado Real Estate and Relocation Information
Cherry Hills Village in the south suburban area, population 6,000+,
is one of Denver’s premier upscale communities. Two country
clubs, Cherry Hills and Glenmoor, offer fine amenities. Private Schools
include Kent
Denver Country Day School and St.
Mary’s Academy. Cherry
Hills Village Elementary School is located here as well, is part
of the excellent Cherry
Creek School District.
Cherry
Hills Real Estate
Cherry Hills homes for sale run from $850,000 upward to $6 million.
Recent average sold price was $2+ million. On average, homes
in Cherry Hills sold at 96.3% under list price.
July 2008 Market Statistics
In metro Denver closed sales in July were 5,123 compared
with 4,980 in July 2007, a 2.9% gain. The average selling
price for the period was $262,224 compared to an average
in July 2007 of $289,294, a percentage drop of 9.4. The
median sale price for single-family homes was $229,200
compared with $255,000 in July 2007, for a drop of 10.1%.
969 condos and townhomes sold in July 2008, compared with
1,081 for the same period in 2007, a drop of 10.4%. Median
prices for condos in July 2008 were $149,000 compared with
$158,000 in July 2008, a drop of 5.7%. For single family
houses, condos and townhomes the average number of days
a house was on the market in July 2008 was 98, and in July
2007 was 95. The list to sale ratio was 97% in 2008 versus
98% in 2007. 25,673 houses are currently on the market
and interest rates are still low. It’s a great time to
buy in the Denver real estate market, but if you’re a seller
you may want to wait till conditions improve.
Check out the current Market
Conditions Report for further analysis.
Cherry Hills Village Shopping and Restaurants
Cherry Hills, Colorado Zip Codes
Cherry Hills Hospitals and Medical Centers
Cherry Hills, Colorado Weather
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