Welcome to Cherry Creek North
Everyone, at least in the Denver area, has heard of Cherry Creek. What many don’t know is that it has three distinct areas — North, South and East — each with different characteristics, attractions and real estate strengths.
As a real estate agent with a large focus on the Cherry Creek area, I find myself explaining its nuances a lot. This is an insider’s perspective of this dynamic neighborhood.
With the Cherry Creek commercial center at its heart, Cherry Creek North is the tony sibling of the three Cherry Creeks. It is exclusive, luxurious, walkable and, dare I say, “classy.” Bound by Cherry Creek (which gives the area its name) to the south, 6th Avenue to the north and University Boulevard and Colorado Boulevard to west and east, it has the price points to match.
Lifestyle Attributes + Real Estate Stats
- The area feeds Bromwell Elementary, a well-regarded Denver Public School with a GreatSchools rating of 8 out of 10!
- Walk Score: 83. With a Walk Score of 83, Cherry Creek North is the fifth most walkable neighborhood in Denver!
- Transit Score: 49. With a Transit Score of 49, Cherry Creek North’s public transportation offers something to be desired.
- Average Sold Price: $1,535,476
- Average Days in MLS: 41 days
- Average price per total square foot: $514
- Top sale in the last year: 480 Cook St, Denver, CO. $4,700,000. Sold on 7/31/21
Stats: 12 months history through September 2021. (10/1/20 – 9/30/21).
Buying in Cherry Creek North
Cherry Creek North buyers want the prestige of the area, and have the money to buy in. It also offers the most direct access to the live-work-play lifestyle of the Cherry Creek commercial center, a big pull for a lot of buyers.
Selling in Cherry Creek North
The majority of the homes are side-by-side townhomes built in the 1990s. Sellers compete with buyers looking for turnkey living like that offered in new construction. One thing is certain, sellers looking to get top dollar and fast sales cycles will need to replace their brass fixtures, paint over their yellow walls and change their honey-colored oak hardwood floors.
Homes, most of which share walls as townhomes or row homes, go for from $1 to $2 million, with average prices hovering just above $1 million. New construction homes sell in the upper range and the price per square foot goes up the closer you get to the commercial center. And what’s more, a third of homes go for all-cash!
People want to live here for its amazing walkability with world-class amenities, and boutiques, in the Cherry Creek commercial area that offers a wonderful day whenever you want it — coffee at a local cafe, shopping at one-of-a-kind boutiques, exercise at a barre class, happy hour and dinner at great bars and restaurants and, soon, a great spin at SoulCycle.
Zoning changes a couple years ago have spun Cherry Creek’s commercial center into hyperdrive. Changes include the ability for developers to construct buildings up to 12 stories high and, overall, is creating the atmosphere for an integrated live-work-play lifestyle. Eight cranes are in the air in Cherry Creek North as I write this post. A lot is happening!
Inside Aviano, one of my favorite coffee shops in Cherry Creek North. A great meeting place.
Who lives here
Many Cherry Creek North residents appreciate the low maintenance lifestyle town tomes have to offer. As new residents move in, there’s a clash emerging between old and new, between those who like the charming, boutiquey neighborhood and those who want more ritz and shine.