First Integrity Title Market Report

Cherry Hills Village, CO

Single-Family Homes

www.FirstIntegrityTitle.com | 303.837.9171


Cherry Hills Village, CO

Wed Dec 07 2022
This week the median list price for Cherry Hills Village, CO is $5,860,000 with the market action index hovering around 29. This is about the same as last month's market action index of 29. Inventory has held steady at or around 16. Click here to stay informed with the Cherry Hills Village market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Buyer's Advantage

Inventory levels have been relatively consistent relative to sales. Despite the fact that there is a relatively high amount of available inventory, this Buyer's market is still seeing prices move higher. Given inventory levels, these price conditions are relatively fragile. If the market cools off further, the price trend is likely to reverse.

Cherry Hills Village, CO

Wed Dec 07 2022
This week the median list price for Cherry Hills Village, CO is $5,860,000 with the market action index hovering around 29. This is about the same as last month's market action index of 29. Inventory has held steady at or around 16. Click here to stay informed with the Cherry Hills Village market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Buyer's Advantage

Inventory levels have been relatively consistent relative to sales. Despite the fact that there is a relatively high amount of available inventory, this Buyer's market is still seeing prices move higher. Given inventory levels, these price conditions are relatively fragile. If the market cools off further, the price trend is likely to reverse.

Real-Time Market Profile

Never miss important changes in the Cherry Hills Village market.
Median List Price $5,860,000
Median Price of New Listings $2,600,000
Per Square Foot $562
Average Days on Market 103
Median Days on Market 77
Price Decreased 38%
Price Increased 0%
Relisted 0%
Inventory 16
Median Rent
Market Action 29
Slight Buyer's Advantage

Prices continue their climb again this week. We’re a long way from the market’s price high-point so watch the Market Action Index as an indicator of how long this trend will last.

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
$10,300,000 14,180 2.5 - 5 acres 5 9 27 0 0 73
$7,625,000 10,766 1 - 2.5 acres 6 10 34 0 0 91
$4,724,950 10,715 0.5 - 1 acre 6 8 28 0 0 175
$2,675,000 6,461 0.25 - 0.5 acre 5 6 42 1 2 45