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Town comparisons › Cherry Hills Village vs Greenwood Village

Cherry Hills Village vs Greenwood Village

Cherry Hills Village and Greenwood Village are both in Arapahoe County. There are 21 homes for sale in Cherry Hills Village and 44 in Greenwood Village as this page loaded. Cherry Hills Village is the more expensive of the two: a median asking price of $5,499,000 against $974,000 in Greenwood Village, about 465% higher. Homes are moving faster in Cherry Hills Village — a median of 54 days on market against 64 in Greenwood Village. Cherry Hills Village is a balanced market right now and Greenwood Village is a seller's market.

Side by side

MeasureCherry Hills VillageGreenwood Village
Homes for sale2144
New in last 30 days710
Median asking price$5,499,000$974,000
Median price per sq ft$697$409
Median size (sq ft)9,5052,034
Median bedrooms63
Median days on market5464
Months of supply3.22.9
Sold, last 12 months80184
Median sold price$3,800,000$1,637,500
Median days to sell7770
Sold vs asking price97.0%98.0%

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.
Greenwood Village is a seller's marketUnder three months of supply means the homes for sale would run out in under three months at the current pace of sales. Sellers tend to hold their price and good homes go quickly.

Cherry Hills Village

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

Greenwood Village

44
Homes for sale
$974,000
Median asking price
$409
Median per sq ft
64
Median days on market

Look at either town on its own

Questions people ask

Is Cherry Hills Village or Greenwood Village more expensive?

Cherry Hills Village is more expensive. The median asking price is $5,499,000 in Cherry Hills Village against $974,000 in Greenwood Village. By price per square foot, Cherry Hills Village runs $697 and Greenwood Village $409.

Which moves faster, Cherry Hills Village or Greenwood Village?

Homes for sale in Cherry Hills Village have been on the market a median of 54 days, against 64 days in Greenwood Village. Of the homes that actually closed in the last twelve months, Cherry Hills Village took a median of 77 days and Greenwood Village 70.

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

Cherry Hills Village is a balanced market and Greenwood Village is a seller's market, measured on months of supply — 3.2 months in Cherry Hills Village and 2.9 in Greenwood Village. More months of supply means more choice and more room to negotiate, so on that measure Cherry Hills Village 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 Greenwood Village?

There are 21 homes for sale in Cherry Hills Village and 44 in Greenwood Village as this page loaded, 7 and 10 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.