Greenwood Village Condos Are Heating Up

In the south central part of the greater Denver area is Greenwood Village. The town only has a small population of about 14,000 people. During the day there are more than 30,000 people that work in the community. This is because the Denver Tech Center is inside the town. Greenwood Village condos are less expensive than houses and have thus become more popular recently. Residents of Greenwood Village condos find that the condos suit them well when it comes to price versus size.

Residents of Greenwood Village can enjoy access to the Denver area by I-25 which is also Highway 88. Also to the south of the city is highway 470 which loops around the greater Denver area. Residents are able to get around Denver very easily using both of these highways.

Residents can enjoy various activities and community events in the area. There are two extremely large events for the community during summer. The first is the Greenwood Village Goose chase and then they also have free concerts at the Crescent Amphitheater. There are roughly 40 miles of trails in which residents can enjoy walking, biking, and other activities while enjoying the scenery and mountain air.

Recently the area gained access to a light rail system that makes traveling to downtown much easier than driving. This makes it much easier on the residents in Greenwood Village condos that have to commute downtown for work or other activities.

There is a wide price range for Greenwood Village condos which can range from $65,000 on up. The price range is so great because there are so many different style of condos available with different amounts of rooms. One bedroom condos average out to be about $216,000 while two bedroom condos cost more than two times as much averaging out to be about $519,000. Surprisingly three bedroom condos have a higher price than the four bedroom condos. The average price for a three bedroom condo is about $789,000 while the average price for a four bedroom condo is only about $720,000. This is most likely due to three bedroom condos having a higher demand than four bedroom condos. Greenwood Village condos have a mean price of $185,000. The Greenwood Village condos have seen an increase in median prices as well as an increase in the number of sales. However the number of days that a condo is on the market has decreased slightly. It was 97 and in one year decreased down to 95. The decrease shows that condos are selling slightly faster than the previous year.

Greenwood Village has a booming real estate market and is definitely a buyer’s market. If you are moving to the greater Denver area than the life style and scenery of Greenwood Village may be for you. Greenwood Village condos are priced right for those looking to get a good deal because they want to live in the Greenwood Village area.

Michael Canon is a top Denver realtor with the Canon Colorado Team who have been frequently quoted by the Denver Media as real estate experts. Michael will help you find that perfect Greenwood Village condo or home that you’re looking for. Get in touch today by visiting them at Greenwood Village Condos or Greenwood Village Homes for Sale!