Cherry Hills Village, located just south of Denver, was named for the cherry tree groves that lined the original town site. It is home to a variety of high-end estates and over-10,000-square-foot mansions, most with expansive, beautifully manicured lawns. In addition to its exceptional private and public school options, as well as world-famous Cherry Hills Country Club, Cherry Hills Village offers hiking trails, open spaces, equestrian centers, and scenic lakes and ponds.
Cherry Hills Village market trends indicate an increase of $142 (37%) in the average price per square foot over the past 6 months. The average sales price over that same period rose from $2,800,105 to $3,842,722, whilst the median rent for this area is $2,201 The average time on market for properties in this area is 65 days and buyers can expect to pay 99% of the seller’s asking price.
AVERAGE SALES PRICE
$3,066,282
6 MONTH AVERAGE
HOMES SOLD PER MONTH
12
6 MONTH AVERAGE
AVERAGE DAYS ON MARKET
65
DAYS
EXPECT TO PAY
99%
OF ASKING PRICE
AVERAGE PRICE PER SQUARE FOOT
$458
6 MONTH AVERAGE
RENTER VS OWNER OCCUPIED
5% RENT | 95% OWN
AVERAGE YEAR BUILT
1982
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