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Centennial State News

Thursday, October 17, 2024

Cherry Hills Village median home prices rose by 45.2% in March 2020

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The median sale price of a home sold in March 2020 in Cherry Hills Village rose by $654,000 while total sales increased by 71.4%, according to BlockShopper.com.

In March 2020, there were 12 homes sold, with a median sale price of $2,100,000 - a 45.2% increase over the $1,446,000 median sale price for the same period of the previous year. There were seven homes sold in Cherry Hills Village in March 2019.

The median sales tax in Cherry Hills Village for the most recent year with available data, 2018, was $11,112, approximately 0.5% of the median home sale price for March 2020.

The following table compares Cherry Hills Village to other Arapahoe County cities with similar median sale prices in March 2020:

CityMar. 2020 Home SalesMar. 2019 Home Sales% change (Total Home Sales)Mar. 2020 Median Sales PriceMar. 2019 Median Sales Price% change (Median Sales Price)
Cherry Hills Village12771.4%$2,100,000$1,446,00045.2%
Columbine Valley220%$1,407,000$1,397,5000.7%
Inverness14-75%$895,000$502,50078.1%
Greenwood Village1819-5.3%$752,500$860,000-12.5%
Columbine36-50%$699,900$1,005,000-30.4%
Cherry Creek161414.3%$595,000$535,27511.2%
Strasburg41300%$544,200$490,00011.1%
Holly Hills611-45.5%$502,000$550,000-8.7%
Centennial17314916.1%$485,000$420,00015.5%
Littleton714269%$467,500$392,75019%
Englewood5658-3.4%$429,000$381,66512.4%

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