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Greenwood Village Condos

Todays Date: September 20, 2018

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.

The Denver area is easily accessible by I-25. Highway 470 on the south side of the city allows for access to the suburbs of Denver. This is very convenient for residents as they can access any part of Denver they want with ease.

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. Fresh mountain air can be enjoyed along the 40 miles of trails that the city has provided for its residents.

Recently there was a light rail system installed into the area which allows for residents to get around the city without having to drive. 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.

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

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