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Cherry Hills Village

Why you'd want to live in Cherry Hills Village

The City of Cherry Hills Village, Colorado is located in Arapahoe County just south of Denver. Cherry Hills Village was incorporated as a town in June of 1945 and became a home rule city in 1966. Cherry Hills Village is a predominantly residential city of 6.5 square miles with a population of about 6,000. Cherry Hills Village is one of the most affluent areas in all of Colorado and its streets, sprinkled with sprawling, extravagant homes, are not shy about showing it off. Most of these homes are between 12,000 to 20,000 square feet, have all the room for your wine collection, car collection, sword collection, tanning bed collection and just about any other collection you’d like to have. The city hosted two PGA Championships (1941 & 1985) and the 2005 U.S. Women’s Open at the Cherry Hills Country Club. This city is known for the big houses, notable people living there such as John Elway, Peyton Manning, and David Duval, and a high median income around $225,000! The community was named for a grove of cherry trees near the original town site.

Cherry Hills Village Huge Properties Large Homes Famous People Athletes #1 Real Estate Team The Umphress Group

Cherry Hills Village Market Report

$3,358,586

AVERAGE PRICE OF 58 HOMES

$2,990,000

AVERAGE PRICE OF 1 DISTRESSED HOMES

$3,445,518

AVERAGE PRICE OF 56 MULTI-MILLION DOLLAR HOMES

$4,075,000

AVERAGE PRICE OF 2 NEWLY BUILT HOMES

$4,652,200

AVERAGE PRICE OF 25 HOMES WITH A POOL

Average Home

Average Price $3,358,586
Avg Bedrooms 5.31 beds
Avg Bathrooms 6.98 baths

Average Price by Bedrooms

4 bedrooms $1,854,900
5 bedrooms $3,514,720
Cherry Hills Village Home Price Trends
  5/2019 4/2019 3/2019 2/2019 1/2019
Total Listings 56 52 47 36 31
Average Price $3,509,563 $3,778,763 $3,814,222 $4,118,604 $4,551,505
Avg Price Change -7.67% -0.94% -7.98% -10.51% +2.92%
Median Price $2,649,828 $2,771,173 $2,750,926 $2,627,700 $2,702,963
Med Price Change -4.58% +0.74% +4.69% -2.86% +0.99%
Avg Bedrooms 5.31 beds 5.27 beds 5.24 beds 5.18 beds 5.36 beds
Avg Bathrooms 7.06 baths 6.94 baths 6.97 baths 7.01 baths 7.27 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Cherry Creek 58 $3,358,586 124 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 58 $3,358,586 124 days
Distressed Homes 1 $2,990,000 110 days
Multi-Million Dollar Homes 56 $3,445,518 127 days
Newly Built Homes 2 $4,075,000 175 days
Homes with a Pool 25 $4,652,200 131 days

School Data

Highly Rated Cherry Hills Village Schools

10
9

GREENWOOD ELEMENTARY SCHOOL
Elementary School
Public

9

WEST MIDDLE SCHOOL
Middle School
Public

9

CHERRY CREEK HIGH SCHOOL
High School
Public

Dave Umphress
303-578-0741


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