Is Cherry Creek Vista, CO a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Cherry Creek Vista is a seller's market

Buyer's
Market

Difference Since April 2023

Since last year, Cherry Creek Vista has remained a Seller's Market.

Key Takeaway

Cherry Creek Vista is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Cherry Creek Vista, CO

How much do homes in Cherry Creek Vista, CO cost?

Median Sold Price

$955,000

$307/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

-$20,000(-2.1%)

Key Takeaway

Homes in Cherry Creek Vista have sold for 2.1% less than they did a year ago.

Summary: The median home sold price in Cherry Creek Vista was $955,000 in April 2024, down 2.1% from last year, and the median price per square foot was $307.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 --
N/A
2 $568.5K-
N/A
3 $710K$737.5K
+3.9%
4 $840K$950K
+13.1%
5+ $1.2M$1.4M
+14.6%

Summary: Cherry Creek Vista housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 3.9%, 4 bedroom homes increased by 13.1%, and 5+ bedroom homes increased by 14.6%.

Median Sold Price Compared To Nearby Neighborhoods

Cherry Creek Vista II
+4.7%
Cherry Creek Vista
-2.1%

Housing Supply in Cherry Creek Vista, CO

How many homes are available in Cherry Creek Vista, CO?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
1119+72.7%

Summary: The Cherry Creek Vista real estate market had 19 homes for sale in April 2024, a 72.7% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 00
0.0%
3 01
+100.0%
4 610
+66.7%
5+ 58
+60.0%

Summary: The Cherry Creek Vista housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 100%, 4 bedroom homes increased by 66.7%, and 5+ bedroom homes increased by 60%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
46+50.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

5 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Cherry Creek Vista, you could pay more than the asking price. 83.3% of homes here sold above asking price last month.

Summary: A total of 6 homes were sold or pending in Cherry Creek Vista in April 2024, up by 50.0% month-over-month. Of the 6 sold homes, 0% were sold under asking, 17% were sold at asking, and 83% were sold over asking.

Days on Market for Cherry Creek Vista, CO

How long does it take to sell a home in Cherry Creek Vista, CO?

Average Sale Time

Apr 2023Apr 2024CHANGE
27 Days3 Days-86.0%

Summary: Homes in Cherry Creek Vista had an average of 3 days on market in Apr 2024, down by 86% compared to last year.

Breakdown of Home Sale Times

6 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Cherry Creek Vista are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 6 homes were sold in Cherry Creek Vista; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 12 Days Ago

Newest Listings in Cherry Creek Vista, CO

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