First Integrity Title Market Report

Cherry Hills Village, CO

Single-Family Homes

www.FirstIntegrityTitle.com | 303.837.9171



Cherry Hills Village, CO

Wed Jul 17 2019
This week the median list price for Cherry Hills Village, CO is $2,872,500 with the market action index hovering around 37. This is an increase over last month's market action index of 32. Inventory has held steady at or around 34. 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

Wed Jul 17 2019
This week the median list price for Cherry Hills Village, CO is $2,872,500 with the market action index hovering around 37. This is an increase over last month's market action index of 32. Inventory has held steady at or around 34. 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 $2,872,500
Per Square Foot $372
Days on Market 139
Price Decreased 38%
Price Increased 0%
Relisted 3%
Inventory 34
Median House Rent $2,225
Most Expensive $19,750,000
Least Expensive $474,899
Market Action Index
Slight Seller's Advantage
37

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
$8,850,000 12,846 2.5 - 5 acres 6 7 18 3 0 230
$3,299,500 8,969 1 - 2.5 acres 5 6 18 1 0 155
$2,575,000 7,596 1 - 2.5 acres 6 5 28 0 1 94
$1,800,000 6,707 0.5 - 1 acre 5 5 37 0 1 89