Cherry Hills Village, CO Real Estate News

By Brian Burke, Broker & Advising Expert-Denver Luxury Real Estate
(Kenna Real Estate)
Denver's Luxury Home Market - Luxury Homes are still selling In light of the recent economic "bumps and bruises" I wanted to take a closer look at how sales in the Denver area luxury real estate market are doing today. Included in this report are luxury homes within the Denver Metro area (not included: Boulder, Longmont, Loveland, Evergreen etc. - outside Denver Metro Area). The homes are/were priced at one million or above and are detached single family residences. Currently There are 56 luxury homes Under Contract in the Denver area, ranging from one million to $4,600,000. (Around here you will hear escrow referred to as being under contract). Half of the 56 homes have been under contract for quite some time, some since March of 2008. This longer that usual time frame for being under ...
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By Brian Burke, Broker & Advising Expert-Denver Luxury Real Estate
(Kenna Real Estate)
Cherry Hills Village CO Luxury Homes and Real EstateMarket Report Sept 08 In September seven homes sold in Cherry Hills Village and eleven homes are under contract at this time.  All homes used in this report are detached single family homes (no condos, town homes or patio/cluster homes were included).  Address Beds Baths List Price Net Sold Price % difference DOM Price/sf 4020 S. Ivanhoe Ln* 5 4 $675,000 $660,000 97.8% 3 $262 4041 S. Cherry St.* 3 3 $799,000 $774,650 97% 3 $310 5270 Sanford Cir.* 5 4 $1,240,000 $1,240,000 100% 0 $405 4236 S. Eudora St.* 4 5 $1,298,000 $1,250,000 96.3% 35/185 $312 4656 S. Ogden St.* 5 5 $1,695,000 $1,575,000 92.9% 66 $451 2245 E. Grand Ave* 7 8 $1,735,000 $1,665,185 96% 19 $303 3 Carriage Brook Rd* 6 6 $3,175,000 $2,973,383 93.6% 400 $411 Averages     ...
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By Brian Burke, Broker & Advising Expert-Denver Luxury Real Estate
(Kenna Real Estate)
Cherry Hills Village CO Luxury Homes and Real EstateMarket Report Aug 08 In August eight homes sold in Cherry Hills Village and 14 are under contract at this time. The average price per square foot for the homes sold in August was $601.67. The sold price ranged from $859,000 to $13,950,000.  The average days on the market for August was 175 days.   AUG 2007 AUG 2008 Change # of Homes SOLD 8 8 No Change Average Days on Market (DOM) 158 175 Increase Average Price per Square Foot $460.71 $601.67 Increase Below are the monthly numbers of homes sold in Cherry Hills Village within the last 12 months. Currently there are a 126 homes for sale in Cherry Hills Village. The price of the available homes range from $549,900 to $17,900,000 luxury real estate. If you are considering selling your home ...
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By Steve Scheer, Highlands Ranch Real Estate - Denver Real Estate
(Realty Oasis - Metro Brokers)
Cherry Hills Village Homes For Sale - New Listings When searching for the latest Cherry Hills Village homes for sale it is helpful to have a way to search the brand new listings. If you ready to buy your next home, you definitely want to know where the latest listings are so that you are able to view them first if you desire. This tool will help you do just that. Now, most homes in Cherry Hills Village are considered luxury listings - and of course we know that homes in the higher luxury prices ranges in the Denver real estate market to take a bit longer to sell than in other price ranges. However, if you are ready to buy, you know that every now and then the very best home, even in the luxury home market, gets swiped up off quickly. You need to be on your toes if you have something ver...
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By Bob Schenkenberger, Denver Real Estate
(Colorado Realty Professionals)
  Here is the new Colorado Stamp. It is set for release on June 14th 2008 along with 9 other States. Colorado’s stamp was designed by artist Tom Engeman of Bethany Beach, Del. Denver Postmaster Alan Catlin said in a statement “Our flag stamp reflects the spirit, independence and beauty of Colorado…We think our flag stamp will be one of the most popular.” I tend to agree. And, it will be the only stamp I use for the foreseeable future. I like it! To keep in the loop about Denver Real Estate and the Get Home Denver Team, make sure and sign up for our feed.
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By Jude Sandvall: DreamHomes by Jude, 720-427-1021
(Brokers Guild Classic)
An article from the Rocky Mountain News, reports that the area of the 80121 ZIP code, which includes parts of Cherry Hills Village, Greenwood Village and Centennial, showed the greatest appreciation of home prices during the first quarter.  According to data compiled for Rocky Mountain News by California-based DataQuick, a company that tracks home prices by ZIP code, the median price of a home in 80121 jumped 26.3% to $310,000 from $245,500 a year earlier.  Pat Long of Keller Williams Action Realty said, "It has always been a hot area.  It is a very family-oriented, well-developed area.  People love it."  In northwest Denver, the No. 2 market for appreciation was 80212, which showed an 18.5% rise.  That area includes neighborhoods such as Sloan's Lake, West Highland and Berkeley.http://...
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By Steve Scheer, Highlands Ranch Real Estate - Denver Real Estate
(Realty Oasis - Metro Brokers)
The last 2 weeks have been very busy business-wise for me - which is great for me and great for you.  Why great for you?  Because that means if I am busy it must not be all gloom and doom in the Denver real estate market like many seem to be thinking.  Is it great?  No.  But there is activity and homes are selling.   In any case, I haven't been able to post as many blogs lately - busy sometimes means not being at the keyboard as much. I did take a much needed time out last weekend to attend a Colorado Rockies game on opening weekend.  We did not get to the Home Opener, but it was Saturday's game we attended.    Baseball to my family is more than a game.  Its an entire activity, consisting of downtown dining, enjoying the city and treats galore at the game.  I bet my children may even te...
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By Bob Schenkenberger, Denver Real Estate
(Colorado Realty Professionals)
El Parral is my favorite Mexican Restaurant in town.  The people are friendly, the service is great, and the food is wonderful!When you get there, be prepared to eat.  The servings are generous, but not overwhelming, and it comes out quick!  There have been times when we've ordered, and the food arrives within a couple minutes.  It's made to order, and fast!  These guys don‘t mess around when it comes to turning tables.It has a fairly large menu, which I don't need.  Just give me the number 3!  A chile relleno, chicken burrito, and a chicken enchilada.  The burrito and relleno come smothered in some fine green chile!  Not too hot, and very tasty.  It is also a great choice for the kidlings, with many menu options, and atmosphere that is appropriate for everyone.If you care to embibe, t...
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By Bob Schenkenberger, Denver Real Estate
(Colorado Realty Professionals)
Strong Headline!  The Rocky Mountain News published this article, and I needed to comment.The Colorado State legislature passed a law that went into effect January 1st, 2008, requiring Mortgage Brokers to become licensed by the State.  While most states have required the licensure of Mortgage Brokers for some time, Colorado was a bit behind the curve. Since the requirement went into effect (less than 90 days ago) there have been 73 people denied a license, or disciplined by the Colorado Division of Real Estate.  Offenses like Criminally Negligent Homicide, Lewd & Lascivious Acts in the presence of a Child, and Burglary are some of the reasons why licenses were denied. Just think only a year ago, these characters could have been giving you a "Good Faith Estimate"  Yikes!While the Real Es...
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By Bob Schenkenberger, Denver Real Estate
(Colorado Realty Professionals)
One of the greatest things about google is the ability to see what's being said about you and things you care about!  If you don't use Google Alerts, WHY NOT?  This is directly from GoogleGoogle Alerts are email updates of the latest relevant Google results (web, news, etc.) based on your choice of query or topic.Some handy uses of Google Alerts include: monitoring a developing news story keeping current on a competitor or industry getting the latest on a celebrity or event keeping tabs on your favorite sports teamsCreate an alert with the form on the right.You can also sign in to manage your alerts  Create a Google AlertEnter the topic you wish to monitor.Search terms:Type:NewsBlogsWebComprehensiveVideoGroupsHow often:once a dayas-it-happensonce a weekYour email:Google will not sell or...
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