Cherry Hills Village, CO

Buyer's market-26.1% YoY

Housing market overview · Updated weekly

$2.21Mmedian sale price

Homes sold

6

Last 12 weeks

Days on market

117

Average pace

Active listings

29

4.8 months supply

Sale-to-list

95.2%

Below asking

The Cherry Hills Village housing market is currently classified as a buyer's market with a median sale price of $2.21M. Prices have fallen 26.1% compared to last year, with homes spending an average of 117 days on market, indicating 4.8 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.

Market trends

Homes for sale in Cherry Hills Village

There are currently 29 homes listed for sale in Cherry Hills Village, Colorado. The median listing price is $4.1M.

Active listings

29

Homes on market

Median list price

$4.1M

Avg. days on market

117

Days until sale

New this week

14

Newly listed

Price drops:10.3%of listings
Sale-to-list:95.2%

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Frequently asked questions

What is the average home price in Cherry Hills Village?

The median home sale price in Cherry Hills Village is $2.21M, down 26.1% from last year.

How long do homes stay on market in Cherry Hills Village?

Homes typically spend 117 days on market before going under contract.

Is Cherry Hills Village a buyer's or seller's market?

With 4.8 months of supply, Cherry Hills Village is currently a buyer's market.

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