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Friday, October 18, 2024

Rising home prices in Twin Lakes in February 2020

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The median sale price of a home sold in February 2020 in Twin Lakes rose by $37,500 while total sales decreased by 33.3%, according to BlockShopper.com.

In February 2020, there were two homes sold, with a median sale price of $352,500 - a 11.9% increase over the $315,000 median sale price for the same period of the previous year. There were three homes sold in Twin Lakes in February 2019.

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 February 2020.

The following table compares Twin Lakes to other Adams County cities with similar median sale prices in February 2020:

CityFeb. 2020 Home SalesFeb. 2019 Home Sales% change (Total Home Sales)Feb. 2020 Median Sales PriceFeb. 2019 Median Sales Price% change (Median Sales Price)
Arvada12-50%$511,000$292,45074.7%
Westminster1867-73.1%$397,250$335,00018.6%
Thornton21138-84.8%$375,000$350,0007.1%
Brighton1047-78.7%$365,500$345,0005.9%
Shaw Heights16-83.3%$360,000$357,5000.7%
Twin Lakes23-33.3%$352,500$315,00011.9%
Northglenn1047-78.7%$333,500$322,9003.3%
Commerce City1563-76.2%$325,000$355,000-8.5%
Aurora1131-64.5%$303,800$310,000-2%
Derby27-71.4%$232,500$240,000-3.1%
Strasburg14-75%$210,750$339,500-37.9%

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