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:
City | Dec. 2020 Home Sales | Dec. 2019 Home Sales | % change (Total Home Sales) | Dec. 2020 Median Sales Price | Dec. 2019 Median Sales Price | % change (Median Sales Price) |
---|---|---|---|---|---|---|
Cherry Hills Village | 5 | 9 | -44.4% | $2,425,000 | $1,695,000 | 43.1% |
Bow Mar | 3 | 0 | - | $2,110,000 | $0 | - |
Watkins | 1 | 1 | 0% | $1,600,000 | $485,000 | 229.9% |
Greenwood Village | 26 | 22 | 18.2% | $1,422,500 | $676,250 | 110.4% |
Columbine Valley | 2 | 1 | 100% | $1,286,500 | $980,000 | 31.3% |
Cherry Creek | 18 | 11 | 63.6% | $620,000 | $285,000 | 117.5% |
Bennett | 1 | 2 | -50% | $575,000 | $517,500 | 11.1% |
Holly Hills | 3 | 4 | -25% | $539,000 | $539,500 | -0.1% |
Sullivan | 2 | 2 | 0% | $532,000 | $385,000 | 38.2% |
Littleton | 58 | 75 | -22.7% | $500,000 | $417,650 | 19.7% |
Centennial | 170 | 155 | 9.7% | $479,950 | $446,900 | 7.4% |