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Saturday, November 16, 2024

Falling home prices in Dove Valley in January 2021

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The median sale price of a home sold in January 2021 in Dove Valley fell by $32,501 while total sales decreased by 45.5%, according to BlockShopper.com.

In January 2021, there were six homes sold, with a median sale price of $317,500 - a 9.3% decrease over the $350,000 median sale price for the same period of the previous year. There were 11 homes sold in Dove Valley in January 2020.

The median sales tax in Dove Valley for the most recent year with available data, 2018, was $2,295, approximately 0.7% of the median home sale price for January 2021.

The following table compares Dove Valley to other Arapahoe County cities with similar median sale prices in January 2021:

CityJan. 2021 Home SalesJan. 2020 Home Sales% change (Total Home Sales)Jan. 2021 Median Sales PriceJan. 2020 Median Sales Price% change (Median Sales Price)
Greenwood Village15147.1%$1,025,000$749,00036.8%
Cherry Creek151225%$627,000$550,00014%
Watkins20-$624,000$0-
Holly Hills220%$575,100$568,5001.2%
Inverness20-$572,000$0-
Centennial79112-29.5%$499,999$435,75014.7%
Englewood403514.3%$442,750$400,00010.7%
Littleton2843-34.9%$427,811.50$420,0001.9%
Aurora361390-7.4%$352,200$313,50012.3%
Sheridan7475%$335,000$367,500-8.8%
Dove Valley611-45.5%$317,499.50$350,000-9.3%

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