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Friday, October 18, 2024

Twin Lakes home prices rise in the second half of 2019

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The median sale price of a home sold in the second half of 2019 in Twin Lakes rose by $17,500 while total sales decreased by 15%, according to BlockShopper.com.

From July through December of 2019, there were 34 homes sold, with a median sale price of $335,000 - a 5.5% increase over the $317,500 median sale price for the same period of the previous year. There were 40 homes sold in Twin Lakes in the second half of 2018.

The median sales tax in Twin Lakes for the most recent year with available data, 2018, was $2,069, approximately 0.6% of the median home sale price for the second half of 2019.

The following table compares Twin Lakes to other Adams County cities with similar median sales prices in the second half of 2019:

CityJuly - Dec. 2019 Home SalesJuly - Dec. 2018 Home Sales% change (Total Home Sales)July - Dec. 2019 Median Sales PriceJuly - Dec. 2018 Median Sales Price% change (Median Sales Price)
Brighton3543239.6%$358,050$340,0005.3%
Berkley655910.2%$350,000$327,0007%
Shaw Heights3965-40%$347,000$338,0002.7%
Arvada3035-14.3%$346,325$339,9001.9%
Northglenn34929617.9%$340,000$330,0003%
Twin Lakes3440-15%$335,000$317,5005.5%
Sherrelwood1291189.3%$326,000$315,0003.5%
Federal Heights30293.4%$322,500$280,00015.2%
Aurora30827014.1%$312,050$297,0005.1%
Bennett2033-39.4%$297,500$285,0004.4%
Derby4951-3.9%$280,000$265,0005.7%

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