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Sunday, November 17, 2024

Rising home prices in Welby in the second quarter of 2020

Realestate3

Adobe Stock

Adobe Stock

The median sale price of a home sold in the second quarter of 2020 in Welby rose by $65,000 while total sales decreased by 97.3%, according to BlockShopper.com.

From April through June of 2020, there were two homes sold, with a median sale price of $335,000 - a 24.1% increase over the $270,000 median sale price for the same period of the previous year. There were 75 homes sold in Welby in the second quarter of 2019.

The median sales tax in Welby for the most recent year with available data, 2018, was $1,771, approximately 0.5% of the median home sale price for the second quarter of 2020.

The following table compares Welby to other Adams County cities in the second quarter of 2020:

CityApr. - June 2020 Home SalesApr. - June 2019 Home Sales% change (Total Home Sales)Apr. - June 2020 Median Sales PriceApr. - June 2019 Median Sales Price% change (Median Sales Price)
Berkley324-87.5%$475,000$398,00019.3%
Brighton1208-99.5%$475,000$350,50035.5%
Thornton8654-98.8%$417,500$362,30015.2%
Commerce City2343-99.4%$412,500$375,00010%
Northglenn5161-96.9%$390,000$340,00014.7%
Strasburg115-93.3%$372,500$337,50010.4%
Welby275-97.3%$335,000$270,00024.1%
Westminster5334-98.5%$305,000$366,750-16.8%
Aurora2163-98.8%$297,500$305,000-2.5%
Federal Heights017-100%$0$300,500-100%
Sherrelwood062-100%$0$325,000-100%
North Washington02-100%$0$334,500-100%
Shaw Heights020-100%$0$359,250-100%
Arvada019-100%$0$363,600-100%
Todd Creek022-100%$0$639,000-100%
Twin Lakes019-100%$0$340,000-100%
Bennett012-100%$0$285,000-100%
Derby032-100%$0$254,100-100%

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