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Sunday, November 24, 2024

How did home prices perform in Cherry Hills Village during December 2020?

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The median sale price of a home sold in December 2020 in Cherry Hills Village rose by $730,000 while total sales decreased by 44.4%, according to BlockShopper.com.

In December 2020, there were five homes sold, with a median sale price of $2,425,000 - a 43.1% increase over the $1,695,000 median sale price for the same period of the previous year. There were nine homes sold in Cherry Hills Village in December 2019.

The median sales tax in Cherry Hills Village for the most recent year with available data, 2018, was $11,112, approximately 0.5% of the median home sale price for December 2020.

The following table compares Cherry Hills Village 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)
Cherry Hills Village59-44.4%$2,425,000$1,695,00043.1%
Bow Mar30-$2,110,000$0-
Watkins110%$1,600,000$485,000229.9%
Greenwood Village262218.2%$1,422,500$676,250110.4%
Columbine Valley21100%$1,286,500$980,00031.3%
Cherry Creek181163.6%$620,000$285,000117.5%
Bennett12-50%$575,000$517,50011.1%
Holly Hills34-25%$539,000$539,500-0.1%
Sullivan220%$532,000$385,00038.2%
Littleton5875-22.7%$500,000$417,65019.7%
Centennial1701559.7%$479,950$446,9007.4%

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