Monday, September 28, 2009

Cherry Creek Condos in Denver, Colorado

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.

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.

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 city has also been undergoing many changes in its real estate. The city is unique to live in because it is architecturally diverse. Cherry Creek condos along with its homes and townhomes have been being continuously built. You will find that the price ranges vary between $180 per square foot and $600 per square foot. There are also some high end Cherry Creek condos being built. 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. The average price of the condos is $890,000. Cherry Creek condos price per square foot averages out to $321.

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.

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