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Sunday, November 17, 2024

Falling home prices in Dove Valley in the first quarter of 2021

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The median sale price of a home sold in the first quarter of 2021 in Dove Valley fell by $62,000 while total sales increased by 16%, according to BlockShopper.com.

From January through March of 2021, there were 29 homes sold, with a median sale price of $297,000 - a 17.3% decrease over the $359,000 median sale price for the same period of the previous year. There were 25 homes sold in Dove Valley in the first quarter of 2020.

The median sales tax in Dove Valley for the most recent year with available data, 2018, was $2,295, approximately 0.8% of the median home sale price for the first quarter of 2021.

The following table compares Dove Valley to other Arapahoe County cities with similar median sale prices in the first quarter of 2021:

CityJan. - Mar. 2021 Home SalesJan. - Mar. 2020 Home Sales% change (Total Home Sales)Jan. - Mar. 2021 Median Sales PriceJan. - Mar. 2020 Median Sales Price% change (Median Sales Price)
Spring Creek Meadows714-50%$485,000$421,00015.2%
Inverness7475%$483,000$458,7505.3%
Englewood15113115.3%$449,500$425,0005.8%
Littleton127153-17%$430,000$460,000-6.5%
Aurora1,3621,2984.9%$360,000$329,4509.3%
Denver3250%$353,000$437,500-19.3%
Sheridan1218-33.3%$344,747.50$359,500-4.1%
Dove Valley292516%$297,000$359,000-17.3%
Sullivan310-70%$285,000$209,25036.2%
Glendale25-60%$281,000$259,0008.5%
Byers15-80%$280,000$330,000-15.2%

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