FAP Turbo

Make Over 90% Winning Trades Now!

Sunday, September 20, 2009

Cherry Creek Condos

By Michael Canon

In the southern central part of the greater Denver area lies Cherry Creek. The city stands out because of its excellent school system and upscale shopping areas. The city is a mix of urban and suburban and houses over 100,000 residents. Cherry Creek is at the southern border of the city which is what the city is named after. Because of its excellent schools, upscale shopping areas, and upper class homes, Cherry Creek is an expensive place to live. Unfortunately Cherry Creek condos are no exception.

Cherry Creek North is an upscale shopping area that the city is well known for. There are many shops in Cherry Creek North, over 600 in fact, ranging from art galleries and cafes to high end restaurants and salons. Besides Cherry Creek North, the city is also home to the famous Cherry Creek Mall. The mall happens to be one of the best places to shop in the whole state. It has around 160 stores ranging from huge department stores to smaller shops and merchants.

Cherry Creek has much more to offer than just an extravagant shopping experience. Residents can go to the parks and trails as well as do community events that happen annually. Every year there is an arts festival that takes place. The event is so big that it attracts over 350,000 guests 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 real estate in the city has been having changes since the late 70s. 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. The price range varies greatly, from as little as $180 per square foot all the way up to $600 per square foot! The city has also seen some high end Cherry Creek condos that are under construction. Some of the new condos that have been being built have a rather high price tag between $3.5 million and $6 million.

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. A good portion of the city has married couples with children and an average income of $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. - 23210

About the Author:

0 Comments:

Post a Comment

Subscribe to Post Comments [Atom]

<< Home