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Sunday, November 17, 2024

How did home prices perform in Denver during the first quarter of 2021?

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The median sale price of a home sold in the first quarter of 2021 in Denver fell by $84,500 while total sales increased by 50%, according to BlockShopper.com.

From January through March of 2021, there were three homes sold, with a median sale price of $353,000 - a 19.3% decrease over the $437,500 median sale price for the same period of the previous year. There were two homes sold in Denver in the first quarter of 2020.

The median sales tax in Denver for the most recent year with available data, 2018, was $1,816, approximately 0.5% of the median home sale price for the first quarter of 2021.

The following table compares Denver 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%

ORGANIZATIONS IN THIS STORY

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