First Integrity Title Market Report

Cherry Hills Village, CO

Single-Family Homes

www.FirstIntegrityTitle.com | 303.837.9171



Cherry Hills Village, CO

Wed Jun 16 2021
This week the median list price for Cherry Hills Village, CO is $3,995,000 with the market action index hovering around 44. This is an increase over last month's market action index of 43. Inventory has increased to 18. 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 Seller's Advantage

The market has started cooling and prices have recently plateaued. Since we’re in the Seller’s zone, watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Cherry Hills Village, CO

Wed Jun 16 2021
This week the median list price for Cherry Hills Village, CO is $3,995,000 with the market action index hovering around 44. This is an increase over last month's market action index of 43. Inventory has increased to 18. 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 Seller's Advantage

The market has started cooling and prices have recently plateaued. Since we’re in the Seller’s zone, watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Real-Time Market Profile

Never miss important changes in the Cherry Hills Village market.
Median List Price $3,995,000
Median Price of New Listings $3,500,000
Per Square Foot $422
Average Days on Market 130
Median Days on Market 56
Price Decreased 22%
Price Increased 0%
Relisted 0%
Inventory 18
Median Rent
Market Action 44
Slight Seller's Advantage

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
$13,462,500 17,015 2.5 - 5 acres 6 11 12 1 0 7
$4,350,000 9,020 2.5 - 5 acres 5 7 23 0 0 101
$3,995,000 9,746 1 - 2.5 acres 6 8 26 0 0 56
$3,200,000 7,985 0.5 - 1 acre 4 5 26 2 2 14