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Friday, October 18, 2024

Pricing for the median home in Cherry Hills Village increased during February 2020

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The median sale price of a home sold in February 2020 in Cherry Hills Village rose by $1,045,000 while total sales decreased by 14.3%, according to BlockShopper.com.

In February 2020, there were six homes sold, with a median sale price of $2,645,000 - a 65.3% increase over the $1,600,000 median sale price for the same period of the previous year. There were seven homes sold in Cherry Hills Village in February 2019.

The median sales tax in Cherry Hills Village for the most recent year with available data, 2018, was $11,112, approximately 0.4% of the median home sale price for February 2020.

The following table compares Cherry Hills 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)
Cherry Hills Village67-14.3%$2,645,000$1,600,00065.3%
Foxfield21100%$925,000$930,000-0.5%
Holly Hills440%$635,000$441,50043.8%
Cherry Creek16160%$542,500$446,50021.5%
Columbine Valley13-66.7%$530,000$1,398,000-62.1%
Strasburg12-50%$528,000$407,45029.6%
Watkins12-50%$485,000$617,500-21.5%
Littleton39382.6%$480,000$403,17019.1%
Spring Creek Meadows440%$465,000$409,00013.7%
Centennial108117-7.7%$450,000$430,0004.7%
Englewood40392.6%$425,125$375,00013.4%

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