Cherry Hills Village, Colorado Real Estate and Relocation Information

Cherry Hills Village in the south suburban area, population 6,000+, is one of Denver’s premier upscale communities. Two country clubs, Cherry Hills and Glenmoor, offer fine amenities. Private Schools include Kent Denver Country Day School and St. Mary’s Academy. Cherry Hills Village Elementary School is located here as well, is part of the excellent Cherry Creek School District.

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Cherry Hills Real Estate

Cherry Hills homes for sale run from $850,000 upward to $6 million. Recent average sold price was $2+ million. On average, homes in Cherry Hills sold at 96.3% under list price.

Cherry Hills Real Estate Prices for January 2008
(data from August 1, 2007 to January 31, 2008)

In Cherry Hills 36 detached single family homes were sold with a median list price of $1,974,599. On average homes took 146 days to sell and sold for a median price of $1,845,000. Median Price is a better measure of sold price than average, which is skewed by a few higher-priced homes at the top end. Lowest sold price for detached single family homes was $748,000; highest sold price was $4,900,000.
 
The ratio of sold to list price was 95.21% for detached homes. The ratio of sold to original price was 91.06%. which means that sellers are still listing homes at too high a price The net sold (after seller concessions) to original list price was 91.02%. To simplify, if a seller originally listed their home at $2,000,000, they realized $1,800,400 from the sale.
 
By the time the seller finally reached a marketable price after having listing it too high, the sold to list ratio improved to 95.21%, and the net sold to list price was 95.17%.  In this price range seller concessions are minimal.

Cherry Hills Village Shopping and Restaurants

• Park Meadows Mall, opened in the early 2000s, features such national department stores as Nordstrom’s and Macy’s, Dillards, and many top restaurants – the California Café and Nordstrom’s Café, plus a food court with all the usual fast food stops.
• Other first class restaurants can be found in the Denver Tech Center, such as Morton’s Steakhouse, Fleming’s Steakhouse, Yia Yia’s Euro Café, and McCormick and Schmick’s Seafood to name a few.

Cherry Hills, Colorado Zip Codes

• 80111
• 80113
• 80121

Cherry Hills Hospitals and Medical Centers

• Sky Ridge Medical Center, Lone Tree
• Swedish Medical Center, Englewood

Cherry Hills, Colorado Weather