Denver's historic Cherry Creek North neighborhood is a popular location for those who want to experience all the best things Colorado has to offer
DENVER -- (BUSINESS WIRE) --
Luxury home sales in Denver, Colorado - a destination for international travelers seeking some of the world's best skiing and mountain recreation - are up 38 percent, according to a recent report from Coldwell Banker Residential Brokerage.
"Denver's luxury residential real estate market is continuing to show signs of growth and significant momentum during the past 12 months, especially for properties priced above $500,000, which reflects that market of homes priced in the top ten percent of all home sales in the area," said Jim Gillespie, CEO of Coldwell Banker in Parsippany New Jersey. "The city is attracting a great deal of attention from second home buyers, who want to enjoy all of the great amenities and attractions of the Mile High City, while being within close proximity of the Rocky Mountains. A compelling location combined with unique affordability and lifestyle, there are few cities in the nation that have the same appeal of Denver, it's no wonder we are seeing an increasingly strong high-end housing market."
Among Denver's more desirable high-end markets is the historic Cherry Creek North neighborhood, (considered to be Denver's version of Beverly Hills, Buckhead and other famously exquisite U.S. neighborhoods). The neighborhood's most exclusive residential project - NorthCreek - has a host of owners who have homes around the world, and have made NorthCreek their Colorado home. Homeowners here walk to some of the finest shops, restaurants and galleries from their elegantly appointed residences. They also enjoy the privacy of a beautifully landscaped, gated central courtyard, 24 hour concierge services, valet, a finely appointed grand lobby and entrance and controlled access. NorthCreek truly represents a "Colorado urban" spirit.
"Based on this recent report, and continuing solid numbers, we have reason to be optimistic about Colorado's luxury market," said Chris Mygatt, president of Coldwell Banker Residential Brokerage in Colorado. "While no one knows what the immediate future holds, if you intend to stay in a home for several years, now is an outstanding time to buy."
Please visit www.CherryCreekNorth.com, www.NorthCreekDenver.com and www.coloradohomes.com for more information.
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Paul Suter, 303-694-9232
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