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Friday, October 18, 2024

Commerce City home prices rise in the fourth quarter of 2019

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The median sale price of a home sold in the fourth quarter of 2019 in Commerce City rose by $12,500 while total sales increased by 13.4%, according to BlockShopper.com.

From October through December of 2019, there were 271 homes sold, with a median sale price of $365,000 - a 3.5% increase over the $352,500 median sale price for the same period of the previous year. There were 239 homes sold in Commerce City in the fourth quarter of 2018.

The median sales tax in Commerce City for the most recent year with available data, 2018, was $3,303, approximately 0.9% of the median home sale price for the fourth quarter of 2019.

The following table compares Commerce City to other Adams County cities with similar median sales prices in the fourth quarter of 2019:

CityOct. - Dec. 2019 Home SalesOct. - Dec. 2018 Home Sales% change (Total Home Sales)Oct. - Dec. 2019 Median Sales PriceOct. - Dec. 2018 Median Sales Price% change (Median Sales Price)
North Washington220%$827,500$793,4004.3%
Todd Creek2510150%$725,000$528,00037.3%
Commerce City27123913.4%$365,000$352,5003.5%
Thornton509512-0.6%$365,000$349,0004.6%
Strasburg511-54.5%$360,000$335,0007.5%
Berkley302711.1%$358,750$325,00010.4%
Westminster30226215.3%$356,750$350,0001.9%
Brighton1411372.9%$355,000$335,0006%
Shaw Heights1628-42.9%$353,050$339,9503.9%
Arvada1623-30.4%$346,325$340,0001.9%
Northglenn15412820.3%$338,500$328,0003.2%

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