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Sunday, November 17, 2024

The first half of 2020: Westminster (Adams County) experienced a 2.5% drop in median home prices

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The median sale price of a home sold in the first half of 2020 in Westminster in Adams County fell by $9,000 while total sales decreased by 91.3%, according to BlockShopper.com.

From January through June of 2020, there were 49 homes sold, with a median sale price of $346,000 - a 2.5% decrease over the $355,000 median sale price for the same period of the previous year. There were 560 homes sold in Westminster in the first half of 2019.

The median sales tax in Westminster for the most recent year with available data, 2018, was $2,125, approximately 0.6% of the median home sale price for the first half of 2020.

The following table compares Westminster 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)
Arvada429-86.2%$405,625$345,00017.6%
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%
* This story only considers sales data for the part of Westminster that is in Adams County.

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