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Thursday, October 17, 2024

Denver home prices rise in the first quarter of 2020

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The median sale price of a home sold in the first quarter of 2020 in Denver rose by $27,000 while total sales decreased by 13.3%, according to BlockShopper.com.

From January through March of 2020, there were 1,980 homes sold, with a median sale price of $407,000 - a 7.1% increase over the $380,000 median sale price for the same period of the previous year. There were 2,283 homes sold in Denver in the first quarter of 2019.

The median sales tax in Denver for the most recent year with available data, 2015, was $1,698, approximately 0.4% of the median home sale price for the first quarter of 2020.

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