Greenwood Village Homes for Sale and the Local Real Estate Market

Greenwood Village is a part of the greater Denver area but maintains a unique rural setting. Because of this Greenwood Village has a combination of country and city living that it is known for. The community has a lot to offer its residents in a wide range of areas. Travel to downtown Denver is made much easier via the light rail system that residents have access to. The city also has many recreational activities for its residents including annual events as well as 40 miles in trails to be used and over 20 parks. And Greenwood Village homes for sale provide an opportunity for capturing all of it.

If you want to drive to downtown Denver it is only a 15 minute drive while the airport is about a 30 minute drive. If you need charter flights then the Centennial Airport is approximately 10 minutes east of town. The Park Meadows Mall is new to the area. It gives residents a chance to shop at the stores they want without having to go into the downtown area. The Greenwood Village economy gains a huge boost from the Denver Tech Center and the Park Meadows Mall.

There are about 14,000 residents of Greenwood Village however there are more than 50,000 people that are in the city during the day due to the Denver Tech Center. The Denver Tech Center is simply several technological businesses that have made their home here. One of the best school districts in the whole nation is near Greenwood Village which is the Cherry Creek School District. With all of the daily traffic and great schools in the area it is easy to see why there are many Greenwood Village homes for sale.

There are many Greenwood Village homes for sale with a wide price range. Surprisingly many of the homes that are for sale are hidden from busy streets. The homes that are for sale have a wide price range. They range from as little as $165,000 all the way up to $8.9 million. Homes that are for sale in Greenwood Village average out to $1.5 million. Surprisingly enough most homes sold for 97% of what they were listed for! In October 2008 there were about 500 more home sales than in October 2007. This also reflects that the average price per home in October 2008 was $232,000 compared to a year earlier which was about $265,000. Greenwood Village homes for sale that are listed sell relatively quickly as it only took 95 days on average which is approximately half as long as other parts of the country.

Greenwood Village condos are more affordable than houses and average out at $185,000 for a 2 bedroom, 2 bathroom condo that has a 1 car attached garage and is roughly 1,000 square feet.

For those who plan to move to the greater Denver area, Greenwood Village homes for sale have a lot to offer. Many people desire the rural feel but like the city being nearby as well as enjoy a good family community which Greenwood Village has.