Market Conditions in 80206>Question Details

Scott, Home Buyer in Denver, CO

what are the market conditions for single family homes in Cherry Creek North?

Asked by Scott, Denver, CO Fri Feb 15, 2008

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See article in the Rocky Mountain News titled "Denver tops home-price index" talks about Cherry Creek North.....I quote ...""..We've seen appreciation in Highland and 13.5percent and Cherry Creek North at 22 percent," Vallejo said. "What we want is apprecaition at 7perecnt to 10 percent.""
1 vote Thank Flag Link Sat Feb 23, 2008
Hi Scott,

The Cherry Creek North market is doing just fine. It is still one of the top areas of metro Denver to live. Homes are taking a bit longer to sell in the area than in past years. Properties that are in good condition with a fair asking price are selling with an average time on the market of around 90 days. Homes that are a bit "tired" or over priced are sitting on the market up to 10 months.

My research shows homes in the Cherry Creek North area actually went up about 1% last year while metro Denver saw a 1.8% decline in 2007 home values .

Let me know if I can assist you further. I would be happy to send you the specific actives and solds of the price range you are most interested in considering buying.
1 vote Thank Flag Link Sat Feb 16, 2008
The market continues to stay strong in Cherry Creek- for more information call me
0 votes Thank Flag Link Mon Jun 11, 2012
Strong Buyer's Market-- great deals. In depth Market Conditions click on Market Snapshot. Report will be sent to you in minutes. Statistics, Graphs, and Feedback.
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0 votes Thank Flag Link Fri Apr 11, 2008
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