Greenwood Village, Colorado Real Estate and Relocation Information

Greenwood Village, a desirable living area with distinctive custom homes, lies just south of Cherry Hills Village, and south and east of the Denver Tech Center. Originally a rural area, Greenwood Village has grown to a town of 14,200 residents and a daytime working population of more than twice that due to the Denver Tech Center located within the town boundaries.

When the new Arapahoe Light Rail Station opens in the late fall of 2006, Greenwood Village planning will be well on its way to providing the area with a vibrant new urban village with retail, office, residential and cultural spaces. Greenwood Village Center will offer the metro area another unique town center in one of Denver’s high tech corridors.

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Greenwood Village, Colorado Real Estate

• Many Greenwood Village homes are on large lots, tucked away from the street, and include all the amenities. Prices range from $5600,000 to $6.5 million. Recent average sold price for Greenwood Village homes was $1.7 million. On average, homes sold for 97% of list price.
• Greenwood Village condos and townhomes range from $142,000 to $259,000. Average price for a condo or townhome is $185,000 for a 2 bedroom, 2 bath, 1,100 square foot condo with an attached one-car garage.

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.

Greenwood Village Recreation

The town maintains many parks, trails and open space set aside for the enjoyment of all. It even has several equestrian parks reflecting its rural history. The Marjorie Perry Nature Preserve, surrounded by the Highline Canal, offers a retreat from the bustle of commerce nearby.

Greenwood Village Shopping and Restaurants

• Park Meadows Mall, opened in the early 2000s, features such national department stores as Nordstrom’s and Macy’s, Dillards, and many top restaurants – the California Café and Nordstrom’s Café, plus a food court with all the usual fast food stops.
• Other first class restaurants can be found in the Denver Tech Center, such as Morton’s Steakhouse, Fleming’s Steakhouse, Yia Yia’s Euro Café, and McCormick and Schmick’s Seafood to name a few.

Greenwood Village, Colorado Zip Codes

• 80110
• 80111
• 80112
• 80121
• 80150
• 80155

Greenwood Village, Colorado Hospitals and Medical Centers

• Sky Ridge Medical Center, Lone Tree
• Swedish Medical Center, Englewood

Greenwood Village, Colorado Weather