In the southern central part of the greater Denver area lies Cherry Creek. Cherry Creek has many upscale shopping areas and schools that it has become well known for. The neighborhood has 100,000 residents yet it maintains an urban and suburban feel to it at the same time. Cherry Creek is at the southern border of the city which is what the city is named after. Cherry Creek is an expensive place to live due to its upper class nature and excellent school system. Cherry Creek condos could not avoid this cost either.
The city is known for Cherry Creek North which is an upscale shopping area. There are hundreds of different shops that can be explored which range from restaurants to salons and boutiques. Not too far from Cherry Creek North is the Cherry Creek Mall. The mall happens to be one of the best places to shop in the whole state. There are a total of 160 stores inside the mall not including many merchants that do business there.
There are many other activities that can be enjoyed in Cherry Creek besides shopping. There are many parks and trails for residents to enjoy as well as community events. An arts festival is held every year. This huge event attracts over 350,000 people every year. The event has over 200 national artists and is the number one out door arts festival in the whole country. There are eight stages that have performances and shows during the Fourth of July weekend. The Gates Tennis Center is another well known attraction that has many players who use the facility every year.
The city has also been undergoing many changes in its real estate. The city is unique to live in because it is architecturally diverse. As a part of the rebuilding program Cherry Creek condos and townhomes have been replacing older buildings. There is a wide price range that consumers can take advantage of start at $180 per square foot and going up. High end Cherry Creek condos have been starting to surface. Some of the new condos that have been being built have a rather high price tag between $3.5 million and $6 million.
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Several Cherry Creek condos can be found for sale right now. The condos that are for sale have a price range between $150,000 and $4.7 million. $692,000 is the current median price per condo. However the average price is a little higher at $890,000. Cherry Creek condos have an average price of $321 per square foot.
Many people of Cherry Creek enjoy the upscale environment the city has to offer. With a good portion of the area married and having families the median household income for a family with children is about $200,000. Cherry Creek condos are a great place to look into if you are planning at moving into the Denver area as you’ll have everything close by.
Michael Canon is a Denver realtor with the Canon Colorado Team who have been frequently quoted by the Denver Media as real estate experts. Michael can help you get that perfect Cherry Creek condo or home that you’re looking for. Make contact today by visiting them at Cherry Creek Condos or Cherry Creek Townhomes!