Cherry Hills Village Ranks 4th of the 14 Colorado Zip Codes That Grace the List. Each year, Forbes Magazine ranks America’s Most Expensive Zip Codes. Five hundred zip codes are analyzed and ranked. Forbes contracted with Altos Research, a very respected real estate data company, and this year’s list looks a little different. For the first time, the most expensive home listed for sale is in the 10065 zip code in New York City’s Upper East Side. This yet unbuilt $40 million dollar townhome will feature a glass elevator, waterfall, and subterranian pool. The median asking price in the 10065 is $6.5 million, compared to the median of $5.75 million in Alpine, NJ, which held the top spot for many years until slipping to number two in this year’s list. New York City’s real estate market is said to be “frothy.” Cherry Hills Village, the 80113 zip code, has always made the list and this year landed at number 46, with a median asking price of $2.307 million. Cherry Hills Village is the third most expensive zip code in Colorado, topped only by the 81611 in Aspen, and the 81654 in Snowmass. Fourteen Colorado zip codes made the list including the 80121 in Greenwood Village, the 80108 in Castle Rock (including Castle Pines Village and Castle Pines North), and the 80302 and 80304 zip codes in Boulder.
Cherry Hills Village is down from a ranking of 37 on the list, but the median asking home price of $2,195,000 did increase by 5%. Aspen, Snowmass and Snowmass Village rank highly thanks to a bevy of estates listed between $20 million and $40 million. The list was compiled using listing prices for homes in more than 20,000 zip codes across the U.S.
From Collection Magazine
“Cherry Hills Village: A Forbes Top 50 Zip code”