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Thursday, October 17, 2024

How did home prices perform in Commerce City 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 Commerce City rose by $28,150 while total sales decreased by 79.3%, according to BlockShopper.com.

From January through March of 2020, there were 50 homes sold, with a median sale price of $380,650 - a 8% increase over the $352,500 median sale price for the same period of the previous year. There were 241 homes sold in Commerce City in the first quarter of 2019.

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 first quarter of 2020.

The following table compares Commerce City 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)
Todd Creek519-73.7%$635,000$640,000-0.8%
Arvada410-60%$405,625$340,00019.3%
Commerce City50241-79.3%$380,650$352,5008%
Thornton83409-79.7%$375,000$350,0007.1%
Brighton28157-82.2%$357,000$340,0005%
Westminster44226-80.5%$346,500$344,2500.7%
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%

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