Find your dream home in one of the most exclusive and secluded neighborhoods in Colorado.
The housing market in Cherry Hills Village remains highly competitive, with a variety of premium homes available for sale. As of JULY 2024, the median sale price of Cherry Hills Village homes was $3.0 million, reflecting a 10.3% decline compared to last year. However, the price per square foot has risen by 18.7%, now reaching $686. This increase in price per square foot highlights the continued demand for luxury homes in Cherry Hills Village, even as overall prices adjust slightly. For buyers, this presents a unique opportunity to explore Cherry Hills Village homes for sale with a keen eye on the evolving market trends.
Median Sale Price
Median Sale Price per Sq. Ft.
Total Homes Sold
Median Days on Market
In July 2024, Cherry Hills Village homes for sale saw a 10.3% decrease in prices compared to the previous year, with the median price settling at $3.0 million. Despite this dip in overall pricing, homes in Cherry Hills Village are still moving quickly, averaging 8 days on the market, up slightly from 5 days the year before. Notably, there was an uptick in sales, with 8 homes sold in July this year compared to just 5 last year, suggesting continued interest in Cherry Hills Village homes. Additionally, the median sale price per square foot has risen by 18.7%, reaching $686, underscoring the value buyers place on the luxury and exclusivity of this sought-after neighborhood.
The real estate market in Cherry Hills Village is highly competitive, with homes in Cherry Hills Village typically selling within just 7 days. Many of these homes attract multiple offers, often with waived contingencies, reflecting the high demand in this prestigious area. On average, Cherry Hills Village homes for sale sell for around 1% below the list price, with properties going pending within a week. However, for particularly desirable homes, the market is even more aggressive—these "hot" properties can sell for up to 2% above the asking price and go under contract in as little as 3 days. This fast-paced market emphasizes the urgency for buyers to act quickly when they find a home that meets their needs.
A small but notable portion of homebuyers—about 1%—are looking to move to Cherry Hills Village homes from outside metropolitan areas across the nation. Among these, Houston leads the way, with more homebuyers from this metro searching for homes in Cherry Hills Village than from any other city. Following closely behind are Los Angeles and San Francisco, which are also popular sources of interest. This trend reflects the growing appeal of Cherry Hills Village homes for sale to buyers from high-demand, high-cost areas looking for luxury living in a more exclusive community.
For detailed, up-to-date information on buying/selling a house in Cherry Hills Village, including legal considerations and market trends, you can talk to us.
Homes in Cherry Hills Village are known for their luxury features and expansive layouts. Buyers can expect large, custom-built homes often set on spacious lots with mature landscaping. Many Cherry Hills Village homes for sale include high-end finishes, gourmet kitchens, home theaters, and outdoor entertainment spaces like pools, patios, and tennis courts. Additionally, many properties offer sweeping mountain views, private access to nearby trails, and proximity to top-rated schools, making this area ideal for families seeking both privacy and luxury.
Yes, homes in Cherry Hills Village are located within the highly-regarded Cherry Creek School District, known for its excellent educational programs and strong performance. Additionally, the area is close to several top-rated private schools, making it a popular choice for families seeking the best education for their children. When browsing Cherry Hills Village homes for sale, families often prioritize proximity to these schools, further boosting the desirability of properties in this area.
The lifestyle in Cherry Hills Village is serene and community-focused, with a blend of outdoor living and suburban luxury. Residents of Cherry Hills Village homes enjoy access to extensive walking and biking trails, local parks, and a strong emphasis on maintaining natural green spaces. The neighborhood is known for its quiet, private atmosphere, making it an ideal location for those who value a peaceful environment while still being close to the amenities of Denver. Social and recreational activities, including local country clubs and golf courses, also contribute to a high-quality lifestyle for those living in homes in Cherry Hills Village.
Preparing Cherry Hills Village homes for sale involves showcasing the luxury and unique features of your property. Start by ensuring your home is clean and well-maintained, with special attention to landscaping and outdoor spaces, as buyers in this market often prioritize curb appeal. High-quality staging can help highlight the spacious interiors, custom features, and high-end finishes that buyers expect. Since homes in Cherry Hills Village tend to attract discerning buyers, investing in professional photography and virtual tours can further elevate your home’s appeal.
Buyers searching for Cherry Hills Village homes for sale typically seek luxury, privacy, and exclusivity. Features like large, open-concept floor plans, gourmet kitchens, state-of-the-art appliances, and extensive outdoor living spaces are in high demand. Additionally, buyers often look for homes with updated technology, energy-efficient features, and proximity to top-rated schools. Emphasizing these elements when listing homes in Cherry Hills Village can attract more interest and potentially result in faster sales.
The timeframe for selling homes in Cherry Hills Village can vary depending on the season and demand. On average, homes sell within about 7 days, although this can be shorter for particularly desirable properties. To ensure a smooth sale, it’s important to price your home competitively and market it effectively, emphasizing the unique features that make your home stand out in this luxury market. With the right preparation and strategy, Cherry Hills Village homes for sale can move quickly, especially when aligned with current buyer expectations.
Whether you're eyeing your dream home or have questions about the competitive landscape, Lisa is your go-to expert. With unparalleled knowledge and dedication, Lisa ensures a seamless journey from browsing to buying. Don't miss out on your perfect property in Cherry Hills Village. Connect with Lisa today and take the first step towards making your real estate dreams a reality!
From scenic beauty to prestigious homes, this guide is your key to exploring all that Cherry Hills Village has to offer. Whether you're considering a move or simply curious about this upscale community, our guide provides insights into the local lifestyle, amenities, and the real estate market. Dive into the heart of Cherry Hills Village and imagine the possibilities.
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