From January through March of 2020, there were four homes sold, with a median sale price of $405,625 - a 19.3% increase over the $340,000 median sale price for the same period of the previous year. There were 10 homes sold in Arvada in the first quarter of 2019.
The median sales tax in Arvada for the most recent year with available data, 2018, was $2,522, approximately 0.6% of the median home sale price for the first quarter of 2020.
The following table compares Arvada to other Adams County cities with similar median sale prices in the first quarter of 2020:
| City | Jan. - Mar. 2020 Home Sales | Jan. - Mar. 2019 Home Sales | % change (Total Home Sales) | Jan. - Mar. 2020 Median Sales Price | Jan. - Mar. 2019 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Todd Creek | 5 | 19 | -73.7% | $635,000 | $640,000 | -0.8% |
| Arvada | 4 | 10 | -60% | $405,625 | $340,000 | 19.3% |
| Commerce City | 50 | 241 | -79.3% | $380,650 | $352,500 | 8% |
| Thornton | 83 | 409 | -79.7% | $375,000 | $350,000 | 7.1% |
| Brighton | 28 | 157 | -82.2% | $357,000 | $340,000 | 5% |
| Westminster | 44 | 226 | -80.5% | $346,500 | $344,250 | 0.7% |
| Sherrelwood | 6 | 50 | -88% | $342,500 | $322,500 | 6.2% |
| Twin Lakes | 6 | 12 | -50% | $342,000 | $331,750 | 3.1% |
| Berkley | 4 | 23 | -82.6% | $338,500 | $390,000 | -13.2% |
| Northglenn | 35 | 134 | -73.9% | $335,000 | $330,000 | 1.5% |
| Shaw Heights | 5 | 20 | -75% | $325,000 | $344,450 | -5.6% |
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