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Sunday, November 17, 2024

Greenwood Village median home prices rose by 32.5% 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 Greenwood Village rose by $227,500 while total sales increased by 36.6%, according to BlockShopper.com.

From January through March of 2021, there were 56 homes sold, with a median sale price of $927,500 - a 32.5% increase over the $700,000 median sale price for the same period of the previous year. There were 41 homes sold in Greenwood Village in the first quarter of 2020.

The median sales tax in Greenwood Village for the most recent year with available data, 2018, was $5,061, approximately 0.5% of the median home sale price for the first quarter of 2021.

The following table compares Greenwood Village 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 Hills Village1820-10%$2,632,500$2,100,00025.4%
Bow Mar110%$2,000,000$1,475,00035.6%
Columbine Valley330%$1,700,000$1,400,00021.4%
Columbine68-25%$995,000$585,00070.1%
Foxfield23-33.3%$932,500$815,00014.4%
Greenwood Village564136.6%$927,500$700,00032.5%
Watkins31200%$648,000$485,00033.6%
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%

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