Located just south of Denver, Greenwood Village was first settled around 1860, when farms and orchards sprang up after gold was discovered at the meeting point of Cherry Creek and the South Platte River. The town incorporated in 1950, but retained its open feel with more than 300 acres of parks and 100 acres of undeveloped open space. The trail system provides 40 miles of scenic walking and biking areas. Greenwood Village also houses the Denver Technological Center, a development of large buildings outside of Denver where many technology-oriented companies are based. Commuters into the Tech Center raise Greenwood Village's daytime population from around 13,000 to more than 70,000 people.
For an exciting dining experience, Greenwood Village delivers. Connoisseurs of beef should head to Brook's Steak House; for those looking for a taste of Mexico, Las Brisas offers a menu influenced by cuisines ranging from Spain to South and Central America. Most Greenwood Village hotels are based near the Tech Center. The Curtis Arts and Humanities Center, housed in a restored 1914 schoolhouse, hosts concerts and exhibits.
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LAST MONTH’S DATA COMPARED TO PREVIOUS TWO YEARS
The industry considers Median Sales Price a more accurate look at home prices than average because it eliminates the outliers that can skew data.
Low inventory (new & active listings) can lead to a sellers market, especially if pending & sold listings are up. The opposite, high inventory and low sales will lead to a buyers market.
Months of inventory reflects an estimate of the amount of time it would take to sell all of the current listings in a given area. Six months is considered a ‘balanced’ market. Anything under 6 months is considered a sellers market and anything above is a buyers market.
