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Sunday, November 24, 2024

Falling home prices in Sheridan in December 2020

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The median sale price of a home sold in December 2020 in Sheridan fell by $66,250 while total sales increased by 300%, according to BlockShopper.com.

In December 2020, there were eight homes sold, with a median sale price of $258,750 - a 20.4% decrease over the $325,000 median sale price for the same period of the previous year. There were two homes sold in Sheridan in December 2019.

The median sales tax in Sheridan for the most recent year with available data, 2018, was $1,847, approximately 0.7% of the median home sale price for December 2020.

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

CityDec. 2020 Home SalesDec. 2019 Home Sales% change (Total Home Sales)Dec. 2020 Median Sales PriceDec. 2019 Median Sales Price% change (Median Sales Price)
Littleton5875-22.7%$500,000$417,65019.7%
Centennial1701559.7%$479,950$446,9007.4%
Inverness10-$465,000$0-
Spring Creek Meadows12-50%$460,000$347,50032.4%
Englewood524613%$420,000$405,0003.7%
Aurora5995862.2%$350,000$328,2506.6%
Columbine26-66.7%$330,250$565,000-41.5%
Byers110%$319,000$270,00018.1%
Dove Valley69-33.3%$307,450$350,000-12.2%
Glendale24-50%$296,000$285,0003.9%
Sheridan82300%$258,750$325,000-20.4%

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