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Sunday, November 17, 2024

How did home prices perform in Arvada (Adams County) 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 Arvada in Adams County rose by $60,625 while total sales decreased by 86.2%, according to BlockShopper.com.

From January through June of 2020, there were four homes sold, with a median sale price of $405,625 - a 17.6% increase over the $345,000 median sale price for the same period of the previous year. There were 29 homes sold in Arvada in the first half 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 half of 2020.

The following table compares Arvada 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)
Todd Creek541-87.8%$635,000$640,000-0.8%
Berkley747-85.1%$412,000$393,0004.8%
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%
* This story only considers sales data for the part of Arvada that is in Adams County.

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