First Integrity Title Market Report

Cherry Hills Village, CO

Single-Family Homes

www.FirstIntegrityTitle.com | 303.837.9171



Cherry Hills Village, CO

Tue Feb 19 2019
This week the median list price for Cherry Hills Village, CO is $2,895,000 with the market action index hovering around 31. This is an increase over last month's market action index of 29. Inventory has held steady at or around 27. 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

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Cherry Hills Village, CO

Tue Feb 19 2019
This week the median list price for Cherry Hills Village, CO is $2,895,000 with the market action index hovering around 31. This is an increase over last month's market action index of 29. Inventory has held steady at or around 27. 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

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Real-Time Market Profile

Never miss important changes in the Cherry Hills Village market.
Median List Price $2,895,000
Per Square Foot $348
Days on Market 242
Price Decreased 22%
Price Increased 0%
Relisted 11%
Inventory 27
Median House Rent $1,975
Most Expensive $22,000,000
Least Expensive $1,095,000
Market Action Index
Slight Seller's Advantage
31

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
$9,825,000 13,851 2.5 - 5 acres 5 7 14 0 1 425
$3,000,000 9,062 1 - 2.5 acres 5 7 20 1 0 176
$2,500,000 8,531 1 - 2.5 acres 5 5 26 0 1 157
$1,875,000 6,249 1 - 2.5 acres 5 4 25 1 2 239