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Sunday, November 17, 2024

Median home prices in Federal Heights fell to $255,000 in the first half of 2020

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The median sale price of a home sold in the first half of 2020 in Federal Heights fell by $35,000 while total sales decreased by 92.6%, according to BlockShopper.com.

From January through June of 2020, there were two homes sold, with a median sale price of $255,000 - a 12.1% decrease over the $290,000 median sale price for the same period of the previous year. There were 27 homes sold in Federal Heights in the first half of 2019.

The median sales tax in Federal Heights for the most recent year with available data, 2018, was $1,769, approximately 0.7% of the median home sale price for the first half of 2020.

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

CityJan. - June 2020 Home SalesJan. - June 2019 Home Sales% change (Total Home Sales)Jan. - June 2020 Median Sales PriceJan. - June 2019 Median Sales Price% change (Median Sales Price)
Northglenn40295-86.4%$347,850$339,9002.3%
Westminster49560-91.3%$346,000$355,000-2.5%
Sherrelwood6112-94.6%$342,500$325,0005.4%
Twin Lakes631-80.6%$342,000$336,0001.8%
Shaw Heights540-87.5%$325,000$351,550-7.6%
Aurora29260-88.8%$303,800$296,5002.5%
Strasburg224-91.7%$291,625$336,250-13.3%
Welby10142-93%$278,750$259,5007.4%
Derby650-88%$276,500$254,1008.8%
Federal Heights227-92.6%$255,000$290,000-12.1%
Bennett218-88.9%$252,616$280,500-9.9%

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