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Sunday, November 24, 2024

Median home prices in Watkins (Arapahoe County) fell to $550,000 in 2020

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The median sale price of a home sold in 2020 in Watkins in Arapahoe County fell by $67,500 while total sales decreased by 30%, according to BlockShopper.com.

From January through December of 2020, there were seven homes sold, with a median sale price of $550,000 - a 10.9% decrease over the $617,500 median sale price for the previous year. There were 10 homes sold in Watkins in 2019.

The median sales tax in Watkins for the most recent year with available data, 2018, was $2,502, approximately 0.5% of the median home sale price for 2020.

The following table compares Watkins to other Arapahoe County cities with similar median sale prices in 2020:

CityJan. - Dec. 2020 Home SalesJan. - Dec. 2019 Home Sales% change (Total Home Sales)Jan. - Dec. 2020 Median Sales PriceJan. - Dec. 2019 Median Sales Price% change (Median Sales Price)
Columbine Valley312055%$1,275,000$1,125,00013.3%
Greenwood Village2862648.3%$1,001,000$910,00010%
Foxfield910-10%$777,600$877,500-11.4%
Cherry Creek205234-12.4%$619,500$560,00010.6%
Bennett1820-10%$562,500$510,00010.3%
Watkins710-30%$550,000$617,500-10.9%
Holly Hills4566-31.8%$532,500$491,2508.4%
Strasburg21205%$528,400$487,5008.4%
Inverness2226-15.4%$524,000$487,5007.5%
Centennial1,9562,054-4.8%$470,000$445,0005.6%
Littleton7697256.1%$469,000$415,00013%
* This story only considers sales data for the part of Watkins that is in Arapahoe County.

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