Commercial Real Estate Market in Cherry Hills Village, CO
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
1 active listing and 4 off-market properties in Cherry Hills Village, CO.
Market Trends
Cherry Hills Village, CO spans 32.2 square miles in Arapahoe County, Colorado. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Cherry Hills Village, CO runs 20.8% across the West region in 2025, up from 11% in 2019.
Vacancy Rate % in West region
Retail
Retail vacancy in Cherry Hills Village, CO runs 5.8% across the West region in 2025, down from 7% in 2020.
Vacancy Rate % in West region
Industrial
Industrial vacancy in Cherry Hills Village, CO runs 7.9% across the West region in 2025, up from 3.7% in 2019. Nearly 3.2x the 2022 low of 2.5%.
Vacancy Rate % in West region
Multifamily
Multifamily vacancy in Cherry Hills Village, CO runs 8.6% across the West region in 2025, up from 7% in 2022.
Vacancy Rate % in West region
Market overview
Demographics & Economy
Cherry Hills Village, CO has 96,948 residents in 43,420 households. Density runs 3,015 people per square mile. Median household income here is $112,323 and median gross rent $1,814 a month.
96,948
Population
43,420
Households
2.2
Avg Household Size
39
Median Age
60%
College-Educated
96%
High-School Grad
32.2 sq mi
ZIP Area
3,015
Density / Sq Mi
$112,323
Median Household Income
$63,290
Median Earnings
$1,814
Median Rent
$702,589
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Englewood | — | $18.56 |
| Greenwood Village | — | $16.69 |
| Sheridan | — | — |
| Columbine Valley | — | — |
Methodology & data sources
- Asking prices and averages
- Computed from 1 active for-sale and 0 active for-lease listings in Cherry Hills Village, CO. These are ASKING figures from live listings, not closed-transaction prices, and a segment carried by a handful of listings reads as indicative rather than an average.
- Vacancy rates
- Published per-sector market series, taken at the metro level where one exists and otherwise at the Census-region level — a chart reading "in <region> region" is a regional number, not this city's.
- Refresh
- The monthly aggregates close at the end of the previous month, so 31 August 2026 — not today — is the honest last update.
- Known limitations
- office vacancy is reported at West region level, retail vacancy is reported at West region level and industrial vacancy is reported at West region level.
- Coverage
- Metrics below the 10-observation threshold fall back one geographic level. The geography used is named on each figure.
Compiled by the Realmo Data team · reviewed 31 August 2026 · report a data issue
