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Thursday, October 17, 2024

How did home prices perform in Derby during the first quarter of 2020?

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The median sale price of a home sold in the first quarter of 2020 in Derby rose by $29,000 while total sales decreased by 66.7%, according to BlockShopper.com.

From January through March of 2020, there were six homes sold, with a median sale price of $276,500 - a 11.7% increase over the $247,500 median sale price for the same period of the previous year. There were 18 homes sold in Derby in the first quarter of 2019.

The median sales tax in Derby for the most recent year with available data, 2018, was $1,204, approximately 0.4% of the median home sale price for the first quarter of 2020.

The following table compares Derby to other Adams County cities with similar median sale prices in the first quarter of 2020:

CityJan. - Mar. 2020 Home SalesJan. - Mar. 2019 Home Sales% change (Total Home Sales)Jan. - Mar. 2020 Median Sales PriceJan. - Mar. 2019 Median Sales Price% change (Median Sales Price)
Sherrelwood650-88%$342,500$322,5006.2%
Twin Lakes612-50%$342,000$331,7503.1%
Berkley423-82.6%$338,500$390,000-13.2%
Northglenn35134-73.9%$335,000$330,0001.5%
Shaw Heights520-75%$325,000$344,450-5.6%
Aurora2797-72.2%$303,800$285,0006.6%
Derby618-66.7%$276,500$247,50011.7%
Federal Heights210-80%$255,000$284,000-10.2%
Bennett26-66.7%$252,616$265,000-4.7%
Welby867-88.1%$249,000$241,0003.3%
Strasburg19-88.9%$210,750$332,000-36.5%

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