Pull up three different home-value tools for Greenwood Village on the same afternoon and you can end up with three medians that disagree by close to half a million dollars. One will tell you the number is climbing. Another will tell you it's falling. Ask which one is wrong and you're asking the wrong question. None of them are wrong. They're each averaging together markets that have almost nothing to do with each other, and calling the blend a city.
That blending problem has existed for years. What changed on June 4, 2026, is that one of the three markets inside Greenwood Village now has a competitor with a name, an address, and a sales date. If you own a home in the $1.1 million to $1.6 million range here, or you're shopping in it, that changes the math on timing in a way the citywide median will never show you.
What Broke Ground South of The Landmark
Century Communities held a groundbreaking event on June 4, 2026, for a gated community called The Village at Landmark, built on a 13.1-acre parcel directly south of The Landmark entertainment district. Greenwood Village's mayor attended, along with company leadership from Century Communities. The plan calls for 90 detached single-family homes across two collections, with floor plans that include private elevators, rooftop living spaces, and three-bay garages. Sales are scheduled to open in spring 2027.
Ninety detached homes is not a large project by national homebuilding standards. In a city where new detached single-family construction is tightly limited and most of the buildable interior parcels were built out decades ago, it's one of the more significant new-construction events Greenwood Village has seen in years. That scarcity is exactly why it matters more here than the raw unit count suggests.
Three Markets Sharing One Zip Code
Everything sold under the Greenwood Village name in 2026 falls into one of three groups, and they behave nothing alike.
The estate corridor. This is The Preserve, Vallagio at Inverness, and the custom homes lining the Willow Springs Golf Course frontage, generally sitting on half-acre-plus lots and listing from roughly $2 million to $4 million and up. Buyers here are paying for old trees, generous setbacks, and privacy that can't be replicated on a fresh parcel.
The classic single-family core. Older and mid-generation detached homes, mostly in the $1.1 million to $1.6 million range, spread across sections like Greenwood Hills and the streets closer to the DTC edge. This is the largest, most liquid slice of the market, and the one most directly in Century Communities' path.
The attached, DTC-adjacent tier. Condos and townhomes, including buildings like Landmark Towers, typically priced from about $450,000 to $750,000. Buyers here are shopping walkability and low maintenance, not acreage.
A single citywide median folds all three into one number, which is why the same city can be reported as climbing and falling in the same season depending on which segment happened to close more sales that month.
A 13-acre infill parcel can produce plenty of new square footage. It cannot produce forty-year cottonwoods or a half-acre setback. That's the entire reason one Greenwood Village tier is exposed to new competition and two of them are not.
Why Two of the Three Tiers Won't Feel It
The estate corridor is insulated because its value doesn't come from the floor plan. A buyer paying $2.5 million for a home backing to Willow Springs is paying for the lot as much as the house, and a new gated community on a reclaimed parcel south of The Landmark simply doesn't compete on that axis. Land maturity and setback size aren't something a builder can deliver on a compressed timeline, no matter how good the elevation package looks in the sales gallery.
The attached tier is insulated for the opposite reason. Someone shopping a condo near the DTC core is optimizing for lock-and-leave convenience and proximity to restaurants and offices, not for a three-bay garage or a rooftop deck on a detached lot. The Village at Landmark's product type doesn't overlap with what a Landmark Towers buyer is actually comparing.
That leaves the middle.
The Countdown Running Through the Middle Tier
A buyer with roughly $1.4 million to spend today has two real options: an existing home built decades ago in the classic core, or a wait for a new detached home in a gated community with a private elevator and a three-bay garage, built to current code and finish standards. Those are not comparable products today, but they will be direct alternatives to each other the moment Century Communities opens sales next spring.
That's the part a citywide median can't show. It doesn't matter that the estate corridor is holding at $2 million-plus or that condos near the DTC core are trading in the $500,000s. What matters for a seller with a 1998 four-bedroom in the $1.3 million range is that a buyer comparing that home to new construction a season or two from now has a much stronger walk-away option than a buyer comparing it to new construction today.
This doesn't mean the classic core is about to soften across the board. Greenwood Village's overall demand drivers, Cherry Creek School District enrollment, Kent Denver School's presence inside city limits, and proximity to Denver Tech Center employment, haven't changed. What's changed is that sellers in this specific band are now pricing and marketing against a countdown clock that didn't exist a year ago. A home that would have competed only against other resale inventory in early 2026 will, once The Village at Landmark opens for sales, be competing against a builder with a marketing budget, model homes, and an incentive structure built specifically to move new units.
What to Ask Before You Compare Two Greenwood Village Listings
Given how differently these three tiers behave, a comp pulled from the wrong bucket will mislead more than it helps. Before treating any two Greenwood Village listings as comparable, it's worth confirming:
- Which of the three tiers each property actually sits in, not just its list price. A $1.5 million estate-corridor teardown and a $1.5 million classic-core remodel are not the same market even at the same number.
- Whether the property is within walking distance of The Landmark district, since that's the radius where new competing inventory will land first.
- For attached product, which association governs the building and what its fee structure looks like, since two condos at the same price point can carry very different carrying costs.
- How long the comparable sale has been closed. In a market moving toward a defined new-supply event, a comp from early 2026 tells you less than it would have a year ago.
None of this requires waiting for spring 2027 to act. It requires pricing and marketing with the calendar in view rather than treating Greenwood Village as one undifferentiated number.
What This Means If You're Deciding When to List
If your home sits in that $1.1 million to $1.6 million classic core and you've been weighing a 2026 listing against waiting another year, the calendar just gave you a reason to lean toward sooner. Waiting doesn't just mean waiting for a stronger market. It means waiting until your home is competing directly with a builder offering private elevators and rooftop decks at a comparable price point.
If you're the one shopping in that range, the same logic runs in reverse. A well-priced resale home today doesn't have to compete against new construction yet. That window closes on its own schedule, not on the timeline of a typical spring or fall selling season.
Either way, the decision shouldn't be made off a single citywide median pulled from a national site. It should be made with a current read on which of Greenwood Village's three markets you're actually in, and how close that market sits to a dated, named competitive event.
If you want a straight read on where your Greenwood Village home lands in this timeline, and what that means for pricing it now versus later, reach out to Luxe Homes with Jenn for a market conversation grounded in what's actually under contract and under construction in your section of the city, not a national average.
