Find your dream home in one of the most exclusive and secluded neighborhoods in Colorado.
The Cherry Hills Village housing market remains highly competitive. As of September 2024, the median sale price for a home reached $3.1 million, marking a 4.1% increase from the previous year. Additionally, the median sale price per square foot rose to $606, a significant jump of 20.2% year-over-year.
Median Sale Price
Median Sale Price per Sq. Ft.
Total Homes Sold
Median Days on Market
In September 2024, home prices in Cherry Hills Village saw a 4.1% increase from the previous year, with a median sale price reaching $3.1 million. Homes in the area are selling much faster, staying on the market for an average of just 6 days compared to 32 days in the same period last year. While this price appreciation and shorter market time suggest strong demand, the number of homes sold slightly decreased, with 7 properties sold this September compared to 8 last year. This slight dip in sales volume may indicate limited inventory, which often helps drive up prices and accelerate sales in high-demand markets like Cherry Hills Village.
Cherry Hills Village is a highly competitive real estate market, where homes typically sell within just 7 days. Many properties attract multiple offers, with some buyers even waiving contingencies to strengthen their bids. On average, homes in the area sell for approximately 4% below the listing price, with most going under contract within a week. However, "hot" properties—those that are especially desirable—can sell at or near the listing price and tend to go under contract in as little as 5 days. This level of competition reflects strong buyer interest and a market where quick decision-making is crucial for securing a property.
Nationally, 1% of homebuyers expressed interest in relocating to Cherry Hills Village from other metropolitan areas. Among these, prospective buyers from Houston showed the highest interest in moving to Cherry Hills Village, followed closely by those from Los Angeles and San Francisco. This trend suggests that Cherry Hills Village appeals to buyers from large urban centers, potentially due to its luxury housing market, desirable lifestyle, and prestigious amenities. The interest from high-cost markets like Los Angeles and San Francisco also indicates that buyers from these areas might find Cherry Hills Village's offerings attractive, potentially perceiving it as a comparatively valuable investment for high-end living.
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!
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