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Sunday, November 17, 2024

The first quarter of 2021: Spring Creek Meadows experienced a 15.2% increase in median home prices

Realestate5

The median sale price of a home sold in the first quarter of 2021 in Spring Creek Meadows rose by $64,000 while total sales decreased by 50%, according to BlockShopper.com.

From January through March of 2021, there were seven homes sold, with a median sale price of $485,000 - a 15.2% increase over the $421,000 median sale price for the same period of the previous year. There were 14 homes sold in Spring Creek Meadows in the first quarter of 2020.

The median sales tax in Spring Creek Meadows for the most recent year with available data, 2018, was $2,527, approximately 0.5% of the median home sale price for the first quarter of 2021.

The following table compares Spring Creek Meadows 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)
Cherry Creek45442.3%$646,640$562,50015%
Bennett13-66.7%$620,000$560,00010.7%
Holly Hills161233.3%$597,500$525,25013.8%
Centennial360393-8.4%$535,000$455,00017.6%
Strasburg18-87.5%$530,000$535,200-1%
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%

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