First Integrity Title Market Report

Cherry Hills Village, CO

Single-Family Homes

www.FirstIntegrityTitle.com | 303.837.9171



Cherry Hills Village, CO

Mon Apr 22 2019
This week the median list price for Cherry Hills Village, CO is $2,876,000 with the market action index hovering around 30. This is an increase over last month's market action index of 28. Inventory has held steady at or around 37. Click here to stay informed with the Cherry Hills Village market!

Market Action Index

The Market Action Index answers the question "How's the Market?" by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies Seller's Market conditions. Below 30, conditions favor the buyer.

Today
Last Month

Slight Seller's Advantage

While the Market Action Index shows some strengthening in the last few weeks, prices have not seemed to move from their plateau. Should the upward trend in sales relative to inventory continue, expect prices to resume an upward climb in tandem with the MAI.

Cherry Hills Village, CO

Mon Apr 22 2019
This week the median list price for Cherry Hills Village, CO is $2,876,000 with the market action index hovering around 30. This is an increase over last month's market action index of 28. Inventory has held steady at or around 37. Click here to stay informed with the Cherry Hills Village market!

Market Action Index

The Market Action Index answers the question "How's the Market?" by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies Seller's Market conditions. Below 30, conditions favor the buyer.

Today
Last Month

Slight Seller's Advantage

While the Market Action Index shows some strengthening in the last few weeks, prices have not seemed to move from their plateau. Should the upward trend in sales relative to inventory continue, expect prices to resume an upward climb in tandem with the MAI.

Real-Time Market Profile

Never miss important changes in the Cherry Hills Village market.
Median List Price $2,876,000
Per Square Foot $375
Days on Market 175
Price Decreased 35%
Price Increased 0%
Relisted 11%
Inventory 37
Median House Rent $1,900
Most Expensive $22,000,000
Least Expensive $1,200,000
Market Action Index
Slight Seller's Advantage
30

The market seems to have paused around this plateau. The Market Action Index is a good leading indicator for the durability of this trend.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$5,995,000 15,780 2.5 - 5 acres 5 8 17 0 0 208
$3,000,000 8,467 1 - 2.5 acres 5 7 20 0 1 217
$2,685,000 8,489 1 - 2.5 acres 6 6 37 1 0 59
$1,885,000 6,392 0.5 - 1 acre 5 4 26 2 2 212