What Is Occurring In The Cherry Creek Real Estate Market In Denver?

 

Posted by Damon L. Chavez on Tuesday, January 15th, 2008 at 11:06am.

The Cherry Creek neighborhood in Denver was one of the top neighborhoods searched on the Colorado House Finders website last month.  Since Cherry Creek was one of the most popular neighborhoods searched, we felt it appropriate to provide our in-state and out-of-state visitors a more in depth view of the Cherry Creek Real Estate market.

 

The boundaries for the Cherry Creek neighborhood are bordered by East 6th Avenue (North), East 1st Avenue (South), University Boulevard (West) and Harrison Street (East).  The Cherry Creek neighborhood is a blend of old and new with homes representing architectural designs from every decade since the beginning of the 20th century.  However, over the years the Cherry Creek real estate market has changed from smaller single family bungalows to luxury detached and attached single family homes and high-end condominiums valued at over $758 to $1,000 per square foot, such as those found in the North Creek complex at 1st and Detroit.

 

The high level of interest in the Cherry Creek neighborhood is due in large part to peoples’ attraction to the community’s eclectic amenities, such as the diverse restaurants, art galleries, clothing boutiques, coffee shops, hair salons and evening venues.  In addition, the Cherry Creek neighborhood is bordered by the Cherry Creek mall, a major commercial retail center anchored by Saks Fifth Avenue, Neiman Marcus and the newly constructed Nordstrom and 160 other shops and restaurants.

Cherry Creek is definitely one of the most unique 10 block areas in Denver offering amenities to accommodate any lifestyle.  This is one of the main reasons for the double-digit increases in home values over the last few years and will be for many years to come.  If you are interested in knowing more about the Cherry Creek community and Cherry Creek real estate, please contact Colorado House Finders at info@coloradohousefinders.com.