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Friday, October 18, 2024

What happened to the median home price in Greenwood Village during February 2020?

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The median sale price of a home sold in February 2020 in Greenwood Village fell by $366,000 while total sales remained unchanged with nine homes sold, according to BlockShopper.com.

In February 2020, there were nine homes sold, with a median sale price of $383,000 - a 48.9% decrease over the $749,000 median sale price for the same period of the previous year. There were nine homes sold in Greenwood Village in February 2019, as well.

The median sales tax in Greenwood Village for the most recent year with available data, 2018, was $5,061, approximately 1.3% of the median home sale price for February 2020.

The following table compares Greenwood Village to other Arapahoe County cities with similar median sale prices in February 2020:

CityFeb. 2020 Home SalesFeb. 2019 Home Sales% change (Total Home Sales)Feb. 2020 Median Sales PriceFeb. 2019 Median Sales Price% change (Median Sales Price)
Centennial108117-7.7%$450,000$430,0004.7%
Englewood40392.6%$425,125$375,00013.4%
Denver10-$415,000$0-
Dove Valley67-14.3%$390,000$317,00023%
Inverness3250%$385,000$479,000-19.6%
Greenwood Village990%$383,000$749,000-48.9%
Byers220%$339,850$224,50051.4%
Columbine40-$334,250$0-
Aurora390392-0.5%$327,500$315,0514%
Sheridan93200%$317,500$315,0000.8%
Glendale21100%$259,000$298,100-13.1%

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