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Town comparisons › Cherry Hills Village vs Deer Trail

Cherry Hills Village vs Deer Trail

Cherry Hills Village and Deer Trail are both in Arapahoe County. There are 21 homes for sale in Cherry Hills Village and 19 in Deer Trail as this page loaded. Cherry Hills Village is the more expensive of the two: a median asking price of $5,499,000 against $399,800 in Deer Trail, about 1275% higher. Homes are moving faster in Cherry Hills Village — a median of 54 days on market against 67 in Deer Trail. Cherry Hills Village is a balanced market right now and Deer Trail is a buyer's market.

Side by side

MeasureCherry Hills VillageDeer Trail
Homes for sale2119
New in last 30 days73
Median asking price$5,499,000$399,800
Median price per sq ft$697$260
Median size (sq ft)9,5051,480
Median bedrooms63
Median days on market5467
Months of supply3.27.1
Sold, last 12 months8032
Median sold price$3,800,000$403,000
Median days to sell7789
Sold vs asking price97.0%99.0%

The darker figure in each row is the lower price, the shorter wait or the larger number — which of those is the good news depends entirely on whether you are buying or selling.

What each market is doing

Cherry Hills Village is a balanced marketBetween three and six months of supply is the range where neither side has the upper hand - well-priced homes sell and buyers still have room to negotiate.
Deer Trail is a buyer's marketOver six months of supply means there are more homes for sale than the current pace of sales absorbs. Buyers have choice and time, and sellers usually have to compete on price or condition.

Cherry Hills Village

21
Homes for sale
$5,499,000
Median asking price
$697
Median per sq ft
54
Median days on market

Deer Trail

19
Homes for sale
$399,800
Median asking price
$260
Median per sq ft
67
Median days on market

Look at either town on its own

Questions people ask

Is Cherry Hills Village or Deer Trail more expensive?

Cherry Hills Village is more expensive. The median asking price is $5,499,000 in Cherry Hills Village against $399,800 in Deer Trail. By price per square foot, Cherry Hills Village runs $697 and Deer Trail $260.

Which moves faster, Cherry Hills Village or Deer Trail?

Homes for sale in Cherry Hills Village have been on the market a median of 54 days, against 67 days in Deer Trail. Of the homes that actually closed in the last twelve months, Cherry Hills Village took a median of 77 days and Deer Trail 89.

Is Cherry Hills Village or Deer Trail the better market for a buyer?

Cherry Hills Village is a balanced market and Deer Trail is a buyer's market, measured on months of supply — 3.2 months in Cherry Hills Village and 7.1 in Deer Trail. More months of supply means more choice and more room to negotiate, so on that measure Deer Trail is the easier of the two to buy in today. That is the arithmetic, not advice — the right town is the one you want to live in.

How many homes are for sale in Cherry Hills Village and Deer Trail?

There are 21 homes for sale in Cherry Hills Village and 19 in Deer Trail as this page loaded, 7 and 3 of them new in the last 30 days.

How current are these figures?

They are not published on a schedule and they are not a monthly snapshot. Both towns are read from the live MLS feed at the same instant, when you open this page, so the two sides are always measured against each other rather than against different weeks.

Both sides of this comparison are recalculated from the live MLS feed at the moment the page loads - neither is a monthly snapshot, and the two are read at the same instant so they are always comparable. Figures cover residential homes for sale; rentals, land and commercial are excluded, as are fractional co-ownership shares, which are priced per share and would distort the medians. Sold figures cover the last twelve complete calendar months. Market data is deemed reliable but not guaranteed - talk to us before making a decision on it.