DENVER – Home prices in Cherry Hills Village and Greenwood Village rose significantly year-to-date in July 2014 as buyers scrambled to secure a limited number of premier properties in two of metro Denver’s most desirable neighborhoods, according to statistics released by Kentwood Real Estate. The average sales price in July 2014 was $1,685,166 compared to $1,520,457 in July 2013, an increase of 10.8 percent.
The average number of days on the market for homes in Cherry Hills Village and Greenwood Village declined dramatically from last year, which also reflects the current shortage of homes compared to last year. Homes sold…
- August 28th, 2014