First Integrity Title Market Report

Cherry Hills Village, CO

Single-Family Homes

www.FirstIntegrityTitle.com | 303.837.9171



Cherry Hills Village, CO

Tue Oct 15 2019
This week the median list price for Cherry Hills Village, CO is $2,757,500 with the market action index hovering around 28. This is less than last month's market action index of 34. Inventory has held steady at or around 40. 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

The Market Action Index has been trending lower for several weeks while prices have remained relatively stable. If inventory continues to grow relative to demand however, it is likely that we will see downward pressure on pricing.

Cherry Hills Village, CO

Tue Oct 15 2019
This week the median list price for Cherry Hills Village, CO is $2,757,500 with the market action index hovering around 28. This is less than last month's market action index of 34. Inventory has held steady at or around 40. 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

The Market Action Index has been trending lower for several weeks while prices have remained relatively stable. If inventory continues to grow relative to demand however, it is likely that we will see downward pressure on pricing.

Real-Time Market Profile

Never miss important changes in the Cherry Hills Village market.
Median List Price $2,757,500
Per Square Foot $374
Days on Market 150
Price Decreased 33%
Price Increased 0%
Relisted 8%
Inventory 40
Median House Rent $2,200
Most Expensive $19,750,000
Least Expensive $950,000
Market Action Index
Slight Buyer's Advantage
28

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
$7,312,500 12,482 1 - 2.5 acres 5 8 16 0 0 211
$3,495,000 9,464 1 - 2.5 acres 5 6 18 0 0 185
$2,374,000 6,332 1 - 2.5 acres 6 5 32 2 1 96
$1,735,000 5,488 0.5 - 1 acre 5 5 37 4 3 107