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Monday, November 25, 2024

Welby home prices rise in the third quarter of 2019

Realestate2

The median sale price of a home sold in the third quarter of 2019 in Welby rose by $16,000 while total sales increased by 28.1%, according to BlockShopper.com.

From July through September of 2019, there were 82 homes sold, with a median sale price of $269,000 - a 6.3% increase over the $253,000 median sale price for the same period of the previous year. There were 64 homes sold in Welby in the third quarter of 2018.

The median sales tax in Welby for the most recent year with available data, 2018, was $1,771, approximately 0.7% of the median home sale price for the third quarter of 2019.

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

CityJuly - Sept. 2019 Home SalesJuly - Sept. 2018 Home Sales% change (Total Home Sales)July - Sept. 2019 Median Sales PriceJuly - Sept. 2018 Median Sales Price% change (Median Sales Price)
Arvada141216.7%$351,500$320,0009.8%
Shaw Heights2337-37.8%$347,000$335,0003.6%
Northglenn19516816.1%$340,000$332,2502.3%
Federal Heights161414.3%$332,500$282,00017.9%
Twin Lakes1720-15%$332,000$334,000-0.6%
Berkley35329.4%$328,000$336,000-2.4%
Sherrelwood736610.6%$323,000$323,500-0.2%
Aurora1521445.6%$311,000$300,4503.5%
Bennett1518-16.7%$290,900$285,0002.1%
Derby25244.2%$275,000$249,50010.2%
Welby826428.1%$269,000$253,0006.3%

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