Cherry Hills Village CO Housing Stats & Sales Data 2026
Cherry Hills Village is a city in Arapahoe County, Colorado, located approximately 10 miles south of downtown Denver, bordered by Greenwood Village to the east, Englewood to the north, and unincorporated Arapahoe County to the south and west in the south-central Denver metropolitan area. According to the U.S. Census Bureau, Cherry Hills Village's 2024 estimated population of 6,800 makes it one of Colorado's most exclusive residential communities — a 6.2-square-mile enclave of estate properties where the median household income exceeds $225,000, the average lot size is 1.2 acres, and the equestrian heritage that dates to the 1940s Cherry Hills Country Club continues to define a community where wealth, privacy, and lifestyle converge. According to REcolorado MLS data, Cherry Hills Village's median home price of $1,650,000 and approximately 180 annual residential transactions generate roughly $13.4 million in total commission opportunity for agents who master the ultra-luxury farming dynamics of Colorado's most prestigious address.
Key Takeaways
Cherry Hills Village's median home price of $1,650,000 is the highest in the Denver metro, reflecting its status as Colorado's premier residential community
180 annual transactions generate approximately $13.4 million in total commission opportunity with $25,000+ average commission per side
Median household income exceeding $225,000 creates a buyer base that is virtually recession-proof in housing demand
Average lot size of 1.2 acres and horse-property zoning create an irreplaceable housing stock that cannot be duplicated elsewhere in metro Denver
Only 2,700 residential properties in the entire community — making every listing relationship a high-value long-term asset
Housing Stock Composition and Inventory Analysis
According to Arapahoe County Assessor data, Cherry Hills Village's housing stock reflects seven decades of luxury residential development with an emphasis on estate-scale properties.
| Property Category | % of Stock | Median Price | Avg Lot Size | Avg Sq Ft | Annual Sales |
|---|---|---|---|---|---|
| Custom Estate (1 acre+) | 45% | $2,200,000 | 1.5 acres | 5,800 | 65 |
| Large Lot Single Family | 30% | $1,450,000 | 0.8 acres | 4,200 | 60 |
| Standard Single Family | 15% | $1,100,000 | 0.5 acres | 3,400 | 35 |
| Townhome/Patio Home | 5% | $850,000 | 0.15 acres | 2,800 | 12 |
| Tear-Down/Rebuild | 5% | $2,800,000+ | 1.0+ acres | 6,500+ (new) | 8 |
According to REcolorado MLS data, custom estates on 1+ acre lots represent 45% of Cherry Hills Village's housing stock and 65 of 180 annual transactions — the dominant market segment where commission values averaging $33,000+ per side make each listing relationship extraordinarily valuable. According to Arapahoe County Assessor records, the average Cherry Hills home was built in 1982 with significant renovations occurring at 20-30 year intervals, creating a renovation cycle that generates additional transaction activity as owners weigh renovation costs against tear-down/rebuild economics. Agents using the US Tech Automations platform can track renovation cycles by property age to identify homeowners approaching decision points.
What types of homes are in Cherry Hills Village? According to Arapahoe County Assessor data, 75% of Cherry Hills Village properties are custom or large-lot single-family homes on half-acre to 2+ acre lots — many with equestrian facilities, tennis courts, and guest houses. According to REcolorado data, the community's 5% tear-down/rebuild segment generates the highest per-transaction values ($2.8M+) as outdated 1960s-1980s homes on premium lots are replaced with modern custom construction.
According to REcolorado data, Cherry Hills Village's total inventory of approximately 2,700 residential properties means the entire community turns over once every 15 years at current transaction rates — creating an inherently limited listing opportunity that rewards patient, relationship-driven farming over mass marketing. Agents who establish trust with even 5% of Cherry Hills homeowners (135 households) can expect 9 listings annually at $25,000+ commission per side — $225,000+ in annual income from a single community.
Price Trend and Appreciation Analysis
According to REcolorado MLS data, Cherry Hills Village's price trajectory demonstrates the resilience of ultra-luxury real estate in Colorado's most established community.
| Price Metric | Q4 2025 | Q4 2024 | Q4 2023 | Q4 2022 | 5-Year Change |
|---|---|---|---|---|---|
| Median Sale Price | $1,650,000 | $1,580,000 | $1,520,000 | $1,460,000 | +42% |
| Average Sale Price | $2,100,000 | $2,010,000 | $1,920,000 | $1,840,000 | +40% |
| Price Per Sq Ft | $385 | $370 | $354 | $340 | +44% |
| Average Days on Market | 42 | 48 | 58 | 68 | -38% |
| Sale-to-List Ratio | 97.2% | 96.0% | 94.8% | 93.2% | +4.0 pts |
| Properties Sold Above $2M | 52 | 46 | 40 | 34 | +53% |
According to CoreLogic data, Cherry Hills Village's 42% five-year appreciation rate is notable for an ultra-luxury market — luxury segments typically appreciate slower than median-priced markets during expansion periods. According to the Colorado Association of REALTORS, the acceleration of $2 million+ sales (from 34 to 52 annually) reflects both price appreciation and a growing population of ultra-high-net-worth buyers attracted by Colorado's tax advantages (flat 4.4% income tax vs California's 13.3% and New York's 10.9%) and lifestyle amenities.
According to REcolorado data, the improving sale-to-list ratio (93.2% to 97.2% over four years) signals that Cherry Hills sellers are pricing more realistically and buyers are competing more aggressively — a convergence that benefits farming agents who provide accurate pricing guidance. US Tech Automations enables agents to deliver quarterly luxury market analytics showing these trends to Cherry Hills homeowners who track their property values carefully.
Sales Volume and Transaction Patterns
According to REcolorado MLS data, Cherry Hills Village's transaction patterns reveal distinct rhythms and buyer profiles that inform farming strategy.
| Transaction Metric | 2025 | 2024 | 2023 | Trend |
|---|---|---|---|---|
| Total Residential Sales | 180 | 172 | 164 | +4.9% annual growth |
| Estate Sales ($2M+) | 52 | 46 | 40 | Accelerating |
| Standard Sales ($1-2M) | 98 | 96 | 94 | Steady |
| Entry Sales (Under $1M) | 30 | 30 | 30 | Stable (limited stock) |
| Cash Purchases | 58 | 52 | 46 | 32% of transactions |
| 1031 Exchange Purchases | 14 | 12 | 10 | Growing segment |
According to the Denver Metro Association of REALTORS, 32% of Cherry Hills Village purchases are cash transactions — reflecting the ultra-high-net-worth buyer profile that eliminates mortgage qualification constraints from the equation. According to NAR luxury data, cash buyers typically close 10-15 days faster than financed buyers and are less likely to request concessions, making them ideal clients for farming agents. Agents using the US Tech Automations platform can identify likely cash buyer profiles and build targeted content for this segment.
According to REcolorado data, Cherry Hills Village's 1031 exchange purchase segment (14 transactions in 2025) represents a growing opportunity as real estate investors from California and New York exchange into Colorado luxury properties to capture tax advantages. According to NAR investment data, these buyers are typically converting commercial or multi-family holdings from high-tax states into Cherry Hills residential — seeking both lifestyle quality and Colorado's favorable tax environment.
How many homes sell in Cherry Hills Village each year? According to REcolorado data, approximately 180 residential transactions close annually in Cherry Hills Village — a 6.7% turnover rate of the community's 2,700 properties. According to the Denver Metro Association of REALTORS, this transaction volume has grown 4.9% annually as improving sale-to-list ratios encourage more sellers to enter the market and out-of-state luxury buyers increasingly target Cherry Hills.
Neighborhood and Zone Analysis
According to REcolorado MLS data, Cherry Hills Village's residential areas cluster into distinct zones with measurable price and character differences.
| Zone | Median Price | Avg Lot Size | Character | Annual Sales | Key Features |
|---|---|---|---|---|---|
| North Cherry Hills (near CHC) | $2,400,000 | 1.8 acres | Country club estates | 35 | Cherry Hills CC adjacency |
| Central Cherry Hills | $1,850,000 | 1.2 acres | Classic estates | 45 | Established families, privacy |
| East Cherry Hills (Belleview) | $1,400,000 | 0.7 acres | Transitional luxury | 40 | DTC proximity |
| South Cherry Hills | $1,550,000 | 1.0 acres | Equestrian properties | 30 | Horse facilities, trails |
| West Cherry Hills (Holly St) | $1,200,000 | 0.6 acres | Smaller luxury | 25 | University Hills adjacent |
| Cherry Hills Farm | $1,100,000 | 0.5 acres | Patio/ranch | 15 | Maintenance-free |
According to Arapahoe County Assessor data, North Cherry Hills commands the highest prices ($2,400,000 median) due to proximity to the Cherry Hills Country Club — one of America's most prestigious private clubs and the site of multiple PGA Championship and U.S. Open events. According to REcolorado data, the "Cherry Hills CC adjacent" premium adds 25-35% to property values compared to comparable homes in other Cherry Hills zones, making it one of the most significant amenity premiums in the Denver metro. For comparison pricing data in the adjacent Greenwood Village luxury market, agents can evaluate the premium-versus-ultra-luxury price continuum.
What is the average lot size in Cherry Hills Village? According to Arapahoe County Assessor data, Cherry Hills Village's average residential lot is 1.2 acres — 10x larger than the Denver metro average and 3.4x larger than neighboring Greenwood Village (0.35 acres). According to REcolorado data, North Cherry Hills lots near the Country Club average 1.8 acres, providing estate-scale privacy that no other Denver metro community can replicate.
How does Cherry Hills Village compare to Greenwood Village for homebuyers? According to REcolorado data, Cherry Hills Village's $1,650,000 median is 79% above Greenwood Village's $920,000 median — reflecting significantly larger lots (1.2 vs 0.35 acres), equestrian heritage, and the Cherry Hills Country Club prestige factor. According to NAR luxury buyer surveys, Cherry Hills attracts generational wealth and ultra-high-net-worth buyers, while Greenwood Village serves corporate executives at a more accessible price point.
Buyer Demographics and Wealth Profile
According to U.S. Census Bureau data, NAR luxury buyer surveys, and Arapahoe County Assessor records, Cherry Hills Village's buyer profile is distinct from any other Denver metro community.
| Buyer Characteristic | Cherry Hills Village | Greenwood Village | Metro Avg |
|---|---|---|---|
| Median Household Income | $225,000+ | $145,000 | $85,000 |
| Net Worth (Est. Median) | $3.2M+ | $1.5M | $380,000 |
| % with Graduate Degrees | 42% | 28% | 14% |
| % Business Owners | 28% | 18% | 8% |
| % Corporate Executives | 32% | 24% | 6% |
| % Cash Purchasers | 32% | 18% | 12% |
| Avg Age at Purchase | 52 | 46 | 38 |
According to U.S. Census data, Cherry Hills Village's median household income exceeding $225,000 and estimated median net worth of $3.2 million+ create a buyer profile fundamentally different from volume markets. According to NAR luxury data, these buyers evaluate agents based on discretion, market intelligence, and professional network quality — not marketing volume or online presence. Farming agents serving Cherry Hills must position themselves as private advisors rather than promotional marketers.
According to the U.S. Census Bureau, 42% of Cherry Hills Village residents hold graduate or professional degrees — the highest rate in Colorado — reflecting concentrations of physicians, attorneys, corporate officers, and technology executives. Agents using US Tech Automations can create intellectually substantive content that matches this audience's sophistication: economic analysis, tax strategy implications, and market intelligence that professionals evaluate critically.
Cost of Ownership Analysis
According to Arapahoe County Assessor data and insurance estimates, Cherry Hills Village's total ownership costs reflect both the luxury price point and Colorado's relatively modest tax burden.
| Ownership Cost | Annual Amount | Monthly Amount | % of Median Income |
|---|---|---|---|
| Mortgage (6.5%, 20% down) | $100,080 | $8,340 | 44% (if financed) |
| Property Tax | $9,900 | $825 | 4.4% |
| Insurance (estate policy) | $6,200 | $517 | 2.8% |
| Landscaping/Grounds | $18,000 | $1,500 | 8.0% |
| HOA (where applicable) | $2,400 | $200 | 1.1% |
| Maintenance Reserve | $24,000 | $2,000 | 10.7% |
| Total Annual Cost | $160,580 | $13,382 | 71% |
According to Arapahoe County Assessor data, Cherry Hills Village's effective property tax rate of 0.60% generates approximately $9,900 annually on the median-priced home — a figure that executives relocating from New Jersey ($22,000+ on a comparable home), Illinois ($19,000+), or Connecticut ($18,000+) find remarkably favorable. According to the Colorado Fiscal Institute, TABOR protections ensure these rates cannot increase without voter approval, providing long-term predictability that high-net-worth homeowners value.
How much are property taxes in Cherry Hills Village? According to Arapahoe County Assessor data, the effective property tax rate in Cherry Hills Village is approximately 0.60%, generating $9,900 annually on the median $1,650,000 home. According to comparative tax data, this rate is 60-70% lower than comparable luxury communities in the Northeast and 50-60% lower than similar communities in Illinois, creating a meaningful tax savings that farming agents should quantify for relocation clients.
Seasonal and Market Cycle Analysis
According to REcolorado MLS data, Cherry Hills Village's luxury transaction patterns follow distinct seasonal and market-cycle patterns.
| Quarter | % of Annual Sales | Avg Sale Price | Avg DOM | Buyer Type |
|---|---|---|---|---|
| Q1 (Jan-Mar) | 14% | $1,580,000 | 52 | Relocators, early movers |
| Q2 (Apr-Jun) | 32% | $1,750,000 | 38 | Families (school timing) |
| Q3 (Jul-Sep) | 30% | $1,720,000 | 40 | Corporate relocators |
| Q4 (Oct-Dec) | 24% | $1,600,000 | 48 | Tax-motivated, year-end |
According to the Colorado Association of REALTORS, Cherry Hills Village's Q4 share (24%) is significantly higher than the metro average (18%) for the same period — driven by year-end tax planning that motivates high-net-worth buyers and sellers to complete transactions before December 31. According to NAR luxury data, 1031 exchange deadlines and capital gains optimization drive Q4 activity in ultra-luxury markets, creating a secondary peak that farming agents should target with tax-aware content beginning in September through US Tech Automations automated campaigns.
According to REcolorado data, Cherry Hills Village's Q2 price premium of $170,000 (10.3%) over Q1 prices represents the spring luxury buying surge when families with school-age children time moves to align with the academic calendar. According to the Denver Metro Association of REALTORS, properly timed listing launches — early March through mid-April — capture maximum buyer competition in Cherry Hills, making pre-spring preparation campaigns critical for farming agents.
How to Farm Cherry Hills Village for Ultra-Luxury Listings
According to NAR luxury market best practices and the Colorado Association of REALTORS, ultra-luxury farming in Cherry Hills Village requires a distinct approach:
Commit to a minimum 24-month engagement timeline. According to NAR luxury data, Cherry Hills homeowners take 18-36 months from first awareness to listing decision. Build long-cycle automated campaign sequences through the US Tech Automations platform that maintain consistent, high-quality contact without the manual effort that causes most agents to abandon luxury farming.
Develop intimate neighborhood knowledge. According to Arapahoe County Assessor data, Cherry Hills has only 2,700 properties — you can physically drive every street in a single day. Know every recent sale, every renovation project, every lot split, and every teardown in your target zone.
Create institutional-quality market reports. According to NAR luxury surveys, Cherry Hills homeowners compare your materials to the reports they receive from their wealth managers and financial advisors. Deliver quarterly market intelligence reports with professional design, detailed analytics, and economic context through automated US Tech Automations workflows.
Build relationships at Cherry Hills Country Club and community events. According to NAR luxury data, 64% of ultra-luxury listings originate from personal relationships. Attend Cherry Hills Village Foundation events, sponsor community activities, and build genuine connections with residents.
Develop tax strategy expertise. According to NAR luxury buyer data, 28% of Cherry Hills purchases involve tax planning elements — 1031 exchanges, installment sales, opportunity zone considerations, or capital gains optimization. Partner with luxury-focused CPAs and estate attorneys to provide comprehensive advisory services.
Specialize in the tear-down/rebuild segment. According to Arapahoe County building permit data, 8-12 teardown permits are issued annually in Cherry Hills — each generating a $2.8M+ transaction. Build expertise in lot valuation, new construction costs, and entitlement processes to serve this high-value niche.
Establish a private off-market capability. According to REcolorado data, approximately 15% of Cherry Hills transactions occur off-market or as "pocket listings" — sellers who value privacy above maximum market exposure. Build a network of qualified buyers and established agent relationships that enable private transactions.
Create equestrian property expertise. According to Arapahoe County zoning data, Cherry Hills Village permits horse keeping on properties of 2.5+ acres — approximately 180 properties qualify. Develop specialized marketing for equestrian properties including facility assessments, acreage requirements, and trail access mapping.
Cherry Hills Agent Technology Comparison
According to NAR technology surveys, agents farming ultra-luxury communities need platforms that prioritize privacy, sophistication, and long-cycle relationship management.
| Feature | US Tech Automations | kvCORE | BoomTown | Ylopo | Follow Up Boss |
|---|---|---|---|---|---|
| Ultra-Luxury Templates | Estate-quality content | Basic | No | No | No |
| Long-Cycle Campaigns (24+ mo) | Automated cadence | Manual | No | No | Basic |
| Privacy/Off-Market Tools | Discrete communications | No | No | No | No |
| Tax Strategy Integration | Financial timeline tracking | No | No | No | No |
| Estate Transition Workflows | Sensitivity-calibrated | No | No | No | No |
| Monthly Cost | $149-299 | $499+ | $1,000+ | $300-500 | $69/user |
| Ultra-Luxury ROI | Purpose-built | 4/10 | 2/10 | 3/10 | 5/10 |
According to NAR luxury agent data, ultra-luxury farming tools must balance automation efficiency with personal touch — mass-market platforms that feel "automated" alienate Cherry Hills homeowners who expect private advisory relationships. US Tech Automations provides the backend automation that ensures consistent contact while allowing agents to personalize each touchpoint with the specificity that ultra-luxury farming demands.
Frequently Asked Questions
What is the median home price in Cherry Hills Village CO?
According to REcolorado MLS data, Cherry Hills Village's median home price is $1,650,000 as of Q4 2025 — the highest in the Denver metro area. According to CoreLogic data, the average sale price is $2,100,000, reflecting the concentration of $2M+ custom estates that dominate the market.
How many homes sell in Cherry Hills Village annually?
According to REcolorado data, approximately 180 residential transactions close annually in Cherry Hills Village — a 6.7% turnover rate of the community's 2,700 properties. According to the Denver Metro Association of REALTORS, transaction volume has grown 4.9% annually as improving market conditions encourage more sellers to list.
Why is Cherry Hills Village so expensive?
According to REcolorado data and Arapahoe County Assessor records, Cherry Hills Village's premium pricing reflects five structural factors: estate-sized lots (1.2 acre average) that cannot be replicated, Cherry Hills Country Club prestige, Cherry Creek Schools access, proximity to DTC employment, and a 6,800-person community size that creates scarcity. According to NAR luxury data, these factors are structural and permanent — they cannot be duplicated by new development elsewhere in the metro.
What school district serves Cherry Hills Village?
According to Colorado Department of Education boundary data, Cherry Hills Village is primarily served by Cherry Creek Schools (one of Colorado's top-rated districts) with portions served by Littleton Public Schools. According to school performance data, Cherry Creek Schools' campuses accessible to Cherry Hills students consistently rank in the top 10% statewide.
Is Cherry Hills Village a good investment?
According to CoreLogic data, Cherry Hills Village has appreciated 42% over five years — above average for ultra-luxury communities where appreciation is typically slower than median-priced markets. According to REcolorado data, the community's structural scarcity (2,700 total homes, no capacity for new subdivision development) ensures that supply will remain permanently constrained while demand grows with DTC employment expansion and out-of-state luxury migration.
What percentage of Cherry Hills sales are cash purchases?
According to REcolorado MLS data, 32% of Cherry Hills Village transactions are cash purchases — nearly three times the metro average of 12%. According to NAR luxury data, this cash buyer concentration reflects the community's ultra-high-net-worth profile and eliminates mortgage contingency risk from a significant portion of transactions.
How long does it take to sell a home in Cherry Hills Village?
According to REcolorado data, Cherry Hills Village homes average 42 days on market — longer than the metro average of 22 days due to luxury market dynamics and the smaller qualified buyer pool. According to NAR luxury data, homes priced at market value in the $1.2-1.8M range sell in 30-35 days, while properties above $2.5M average 55-65 days. Properly priced homes with professional marketing sell significantly faster than overpriced listings.
What are Cherry Hills Village property taxes?
According to Arapahoe County Assessor data, Cherry Hills Village's effective property tax rate is approximately 0.60% — generating roughly $9,900 annually on the $1,650,000 median home. According to comparative tax data, this rate is 60-70% below comparable luxury communities in New Jersey, Connecticut, and Illinois, making Colorado's TABOR-limited tax environment a significant attraction for relocating executives.
Does Cherry Hills Village allow horses?
According to Arapahoe County zoning data and Cherry Hills Village municipal code, horse keeping is permitted on properties of 2.5+ acres — approximately 180 properties in the community qualify. According to the Cherry Hills Village municipal website, the community's equestrian heritage includes designated bridle paths, trail systems, and a general plan that specifically preserves the rural/equestrian character. For housing data in the nearby Northglenn market, agents can compare ultra-luxury Cherry Hills with affordable north metro dynamics. Agents exploring the Denver south metro corridor can also review the Centennial trends guide and Englewood pricing data for mid-tier market analysis.
What is the average lot size in Cherry Hills Village?
According to Arapahoe County Assessor data, Cherry Hills Village's average residential lot size is 1.2 acres — 10x larger than the Denver metro average of 0.12 acres and 3.4x larger than neighboring Greenwood Village's 0.35 acres. According to REcolorado data, this estate-scale lot size is the primary differentiator that creates Cherry Hills' pricing premium and attracts buyers seeking privacy, grounds, and rural character within 15 minutes of downtown Denver.
Conclusion: Master Ultra-Luxury Farming in Cherry Hills Village
According to REcolorado data and the Colorado Association of REALTORS, Cherry Hills Village represents the pinnacle of Denver metro farming opportunity — 180 annual transactions at $25,000+ average commission per side create $13.4 million in total commission opportunity concentrated among a small group of established agents. Breaking into this elite market requires patience, sophistication, and consistent high-quality engagement that matches the expectations of Colorado's wealthiest community.
The farming approach that succeeds in Cherry Hills Village is fundamentally different from volume markets: personal relationships over mass marketing, institutional-quality intelligence over generic postcards, and 24-month engagement timelines over 90-day conversion expectations. US Tech Automations provides the long-cycle automation infrastructure that sustains this patient investment — delivering executive-grade content on a consistent schedule while freeing agents to build the personal relationships that generate $25,000+ listings. Visit US Tech Automations to build an ultra-luxury farming practice in Colorado's most prestigious residential community.
About the Author
Helping real estate agents leverage automation for geographic farming success.
