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Neighborhood
Market Report
Cheesman Park
Denver, Colorado
Market Summary
All Property Types
Recent Sales Trends
The statistics below highlight key market indicators for Cheesman Park. The data in the Sold Listings table is based on homes sold within the month of October 2022.
No data available
Current Market
The statistics below provide an up-to-date snapshot of the listed inventory as of November 29, 2022. Median days on market is a good indicator of the average length of time the current inventory has been on the market. The high price, low price, and median price provide context for the prices buyers and sellers can expect to encounter in this area.
21
7
41
$2,999,500
$214,900
$599,900
Values pulled on 11/29/2022
Cheesman Park - Denver, Colorado
Data provided by IRES MLS, REcolorado/Metrolist MLS, and Pikes Peak REALTOR Services Corp. All information is deemed reliable but not guaranteed.
Equal Housing OpportunityHomes Sold
Cheesman Park - Denver, Colorado
Data provided by IRES MLS, REcolorado/Metrolist MLS, and Pikes Peak REALTOR Services Corp. All information is deemed reliable but not guaranteed.
Equal Housing OpportunityMarket Conditions
Market Climate
19
Median Days on Market
1.8
Months of inventory indicates the amount of homes for sale relative to the amount of homes purchased.
25%
Properties Sold Over Original Asking Price
October 2022
Buyer's vs. Seller's Market
This graphic explains the key similarities and differences between a buyer's and seller's market; and how these market factors impact each group.
How it Impacts Buyers
Buyer's Market
More people selling homes than buying
- More homes to choose from
- More negotiating power
- Could spend less than asking price
- Price restrictions
- Rarely competing offers
How it Impacts Sellers
Seller's Market
More people buying homes than selling
- Fewer homes to choose from
- Less negotiating power
- Need to be able to close quickly
- Could spend more than asking price
- Competition from other buyers
How it Impacts Buyers
Buyer's Market
More people selling homes than buying
- Takes more time to sell
- Fewer offers received
- Could get lower than asking price
- May have to make repairs and/or concessions
How it Impacts Sellers
Seller's Market
More people buying homes than selling
- Home sells quickly
- Multiple offers likely
- Could get more than asking price
- Buyers willing to overlook repairs
Cheesman Park - Denver, Colorado
Data provided by IRES MLS, REcolorado/Metrolist MLS, and Pikes Peak REALTOR Services Corp. All information is deemed reliable but not guaranteed.
Equal Housing OpportunityMarket Conditions by Price Range
This table provides insight into key market indicators at specific price breakpoints. This information is valuable as the market conditions can vary by price category.
No data available
- Buyer's Market
- More than 7 months of inventory
- Home prices will depreciate
- Balanced Market
- Between 6-7 months of inventory
- Home prices will only appreciate with inflation
- Seller's Market
- Less than 6 months of inventory
- Home prices will appreciate
Cheesman Park - Denver, Colorado
Data provided by IRES MLS, REcolorado/Metrolist MLS, and Pikes Peak REALTOR Services Corp. All information is deemed reliable but not guaranteed.
Equal Housing OpportunityCompare Cheesman Park to Zip Code and City
The charts below compare the average price per square foot and median sale price indicators of the neighborhood to its parent zip code and city.
Average Price per Square Foot
Median Sale Price
Cheesman Park - Denver, Colorado
Data provided by IRES MLS, REcolorado/Metrolist MLS, and Pikes Peak REALTOR Services Corp. All information is deemed reliable but not guaranteed.
Equal Housing OpportunityStatistics
Days on Market by Price Range
The bar graph below indicates the median days on the market value for each price range breakpoint in Cheesman Park. The values are based on closed transactions in October 2022.
Cheesman Park - Denver, Colorado
Data provided by IRES MLS, REcolorado/Metrolist MLS, and Pikes Peak REALTOR Services Corp. All information is deemed reliable but not guaranteed.
Equal Housing OpportunityData provided by IRES MLS, REcolorado/Metrolist MLS, and Pikes Peak REALTOR Services Corp. All information is deemed reliable but not guaranteed.