Greenwood Village lies in the south central part of Denver. The town is a rather small town with only about 14,000 residents. During the day there are more than 30,000 people that work in the community. The Denver Tech Center lies within the town causing the huge boost to daytime traffic. The Greenwood Village condos have become more popular recently due to the fact that they don’t cost as much as standalone houses. 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.
Greenwood Village condos range in price from $65,000 up into the millions. The range is dictated by the various sizes and bedrooms available. Two bedroom condos are more than twice as expensive as one bedroom condos which average out to be about $216,000 while the two bedroom condos average out to $519,000. Surprisingly three bedroom condos have a higher price than the four bedroom condos. Three bedroom condos average out to be around $789,000 while four bedroom condos only average out to be around $720,000. This is due to the higher demand of three bedroom condos. Overall the median price for Greenwood Village condos is $185,000. Sales for Greenwood Village condos have increased and so has the median price for them. Condos have decreased in how long they stay on the market. While not much, the decrease was from 97 days to 95 days when judging one year from the previous. The decrease shows that condos are selling slightly faster than the previous year.
The Greenwood Village area has a real estate market that is known as a buyer’s market. Greenwood Village offers a great lifestyle and a unique scenery that everyone should experience. Greenwood Village condos are still priced low so that those moving to the greater Denver area can get a good deal.
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 get that perfect Greenwood Village condo or home that you’re looking for. Get in touch today by visiting Greenwood Village Condos or Greenwood Village Homes for Sale!
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