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Sunday, November 17, 2024

How did home prices perform in Inverness during June 2020?

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The median sale price of a home sold in June 2020 in Inverness rose by $107,750 while total sales increased by 100%, according to BlockShopper.com.

In June 2020, there were four homes sold, with a median sale price of $505,250 - a 27.1% increase over the $397,500 median sale price for the same period of the previous year. There were two homes sold in Inverness in June 2019.

The median sales tax in Inverness for the most recent year with available data, 2018, was $3,233, approximately 0.6% of the median home sale price for June 2020.

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

CityJune 2020 Home SalesJune 2019 Home Sales% change (Total Home Sales)June 2020 Median Sales PriceJune 2019 Median Sales Price% change (Median Sales Price)
Columbine990%$750,000$528,00042%
Cherry Creek1820-10%$612,500$574,0006.7%
Bennett20-$586,500$0-
Holly Hills34-25%$570,000$517,50010.1%
Watkins10-$522,000$0-
Inverness42100%$505,250$397,50027.1%
Strasburg13-66.7%$499,500$515,000-3%
Centennial185223-17%$451,000$462,000-2.4%
Littleton7175-5.3%$438,100$415,0005.6%
Spring Creek Meadows550%$435,000$415,0004.8%
Englewood68629.7%$410,000$425,000-3.5%

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