At Mid-Year, Average Prices and the Number of Transactions Are UP!

Market Update Mid Year 2011 Greenwood Village, Colorado

Market Update Mid Year 2011 Greenwood Village, Colorado

Greenwood Village is often spoken in the same sentence as Cherry Hills Village.  What’s the difference in the market?

Greenwood Village continues to see its average prices increase and the number of transactions increase all year long.  At Mid-Year, Average Prices and the Number of Transactions Are UP!  

There are a number of reasons why this is happening, but the attached report will graphically demonstrate the continued market strength in this village.  This is further improvement from even two months ago.

The message that needs to be sent here is important for all readers.  When the “double comma” market drifted to less than 1% of the total transaction count, and with a similar effect between $750K – $1M, it is now back to over 3%, should this grow to 4%, we could really be back on track.  Lets all keep our fingers crossed!

Market Update Mid Year 2011 Greenwood Village, Colorado

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Average Prices, Number of Transactions Up in Greenwood Village, Colorado for 2011

2011 Greenwood Village Market History

Westlands Park Greenwood Village, CO

Westlands Park Greenwood Village, CO

Market Data from the last three years offers definitive proof that the average prices in Greenwood Village, Colorado have turned around.  Additionally, the number of transactions is on the rebound too!  We are starting to anecdotally experience these market changes throughout the Denver Metropolitan Area on a regular basis.  Long term prospects for the Metro area are demonstrating grass roots strength from a market building from the bottom up.  Personally, I can’t wait to see what happens next!!

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A MARKET HISTORY OF PRICE TRENDS IN GREENWOOD VILLAGE, COLORADO 2011

Greenwood Village Zillow Home Value Index Last 10 Years
Greenwood Village Zillow Home Value Index Last 5 Years

Greenwood Village Zillow Home Value Index
Last 12 Months

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