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Sunday, November 17, 2024

What happened to the median home price in Sherrelwood during the first half of 2020?

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The median sale price of a home sold in the first half of 2020 in Sherrelwood rose by $17,500 while total sales decreased by 94.6%, according to BlockShopper.com.

From January through June of 2020, there were six homes sold, with a median sale price of $342,500 - a 5.4% increase over the $325,000 median sale price for the same period of the previous year. There were 112 homes sold in Sherrelwood in the first half of 2019.

The median sales tax in Sherrelwood for the most recent year with available data, 2018, was $2,009, approximately 0.6% of the median home sale price for the first half of 2020.

The following table compares Sherrelwood 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)
Commerce City52584-91.1%$385,500$367,2505%
Thornton911,063-91.4%$377,000$356,0005.9%
Brighton29365-92.1%$358,000$347,0003.2%
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%

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