Cherry Hills Village CO Real Estate and Luxury Homes QIII
Cherry Hills Village CO Real Estate and Luxury Homes third quarter sales are behind the sales from 2006, 2007, and 2008. 2009 home sales are about 64% from 2008 sales (Jan-Sept). The average days on the market have been climbing since 2008.
| July | Aug | Sept | |
| Closed Sales | 6 |
7 | 4 |
| Average Sales Price | $1,200,500 | $1,600,625 | $2,375,000 |
| % of Original List Price | 89.7% | 83.6% | 87.9% |
| Average Days on Market | 186 | 206 | 250 |
| Average Price/square foot | $341 | $356 | $411 |
| New Listings | 20 | 21 | 6 |
| # of homes for sale | 147 | 148 | 133 |
Days on Market = total days on market.
Cherry Hills Village CO Real Estate 2009 vs.2008
From Jan 1st to Sept 30th (year-to-date)
| Yearly Comparison | 2009 |
2008 |
| Closed Sales | 42 |
66 |
| Average Sold Price | $1,705,846 | $1,786,284 |
| Lowest Sold Price | $510,000 | $660,000 |
| Highest Sold Price | $6,700,000 | $13,95,000 |
| Average % of Original List Price | 82.4% | 89.5% |
| Lowest % of Original List Price | 43.5% | 60.1% |
| Highest % of Original List Price | 100% | 100% |
| Average Days on Market | 275 | 136 |
| Lowest Days on Market | 3 | 0 |
| Highest Days on Market | 1255 | 551 |
| Average Price per Sq Foot | $337/sf | $358/sf |
| Lowest Price per Sq Foot | $153/sf | $163/sf |
| Highest Price per Sq Ft | $647/sf | $1518/sf |
As of Oct. 3rd, 2009 there are 133 residential houses for sale in Cherry Hills Village real estate market. The prices range from $599,000 to $22,900,000. The price per square foot ranges from $195 to $623. Seven houses are currently under contract pending sale.
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This Cherry Hills Village Luxury Homes Market Report is for residential single family homes only and may not include all sales activity in the area. Figures for sold prices used are NET sold price, price after seller concessions or down payment assistance, if they were any. This report or any part of it may not be used without permission.
Disclaimer
Copyright 2009.© Kenna Real Estate. Rita Burke. All Rights Reserved. Oct 4th 2009."Cherry Hills Village CO Luxury Homes and Real Estate QIII"
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