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Saturday, November 23, 2024

Cherry Creek home prices fell in November 2020

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The median sale price of a home sold in November 2020 in Cherry Creek fell by $5,950 while total sales increased by 42.9%, according to BlockShopper.com.

In November 2020, there were 20 homes sold, with a median sale price of $586,500 - a 1% decrease over the $592,450 median sale price for the same period of the previous year. There were 14 homes sold in Cherry Creek in November 2019.

The median sales tax in Cherry Creek for the most recent year with available data, 2018, was $3,687, approximately 0.6% of the median home sale price for November 2020.

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

CityNov. 2020 Home SalesNov. 2019 Home Sales% change (Total Home Sales)Nov. 2020 Median Sales PriceNov. 2019 Median Sales Price% change (Median Sales Price)
Greenwood Village252119%$1,045,000$985,0006.1%
Foxfield10-$777,600$0-
Holly Hills440%$706,875$528,50033.8%
Inverness20-$657,450$0-
Watkins110%$622,500$700,000-11.1%
Cherry Creek201442.9%$586,500$592,450-1%
Centennial16014311.9%$499,115$446,00011.9%
Spring Creek Meadows12-50%$471,000$405,60016.1%
Littleton695525.5%$455,000$425,0007.1%
Englewood563847.4%$441,500$447,450-1.3%
Byers220%$387,500$267,50044.9%

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