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Monday, November 25, 2024

Commerce City home prices rise in the third quarter of 2019

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The median sale price of a home sold in the third quarter of 2019 in Commerce City rose by $18,700 while total sales increased by 4.1%, according to BlockShopper.com.

From July through September of 2019, there were 381 homes sold, with a median sale price of $365,000 - a 5.4% increase over the $346,300 median sale price for the same period of the previous year. There were 366 homes sold in Commerce City in the third 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 third quarter of 2019.

The following table compares Commerce City 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)
North Washington220%$1,860,000$336,500452.7%
Todd Creek292138.1%$690,000$638,0008.2%
Westminster3583550.8%$370,850$356,0004.2%
Thornton71763512.9%$365,300$350,0004.4%
Commerce City3813664.1%$365,000$346,3005.4%
Brighton21318614.5%$359,000$340,5005.4%
Strasburg1013-23.1%$358,000$336,0006.5%
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%

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