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Centennial State News

Thursday, October 17, 2024

December 2019: Greenwood Village experienced a 47.7% drop in median home prices

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The median sale price of a home sold in December 2019 in Greenwood Village fell by $617,250 while total sales increased by 10%, according to BlockShopper.com.

In December 2019, there were 22 homes sold, with a median sale price of $676,250 - a 47.7% decrease over the $1,293,500 median sale price for the same period of the previous year. There were 20 homes sold in Greenwood Village in December 2018.

The median sales tax in Greenwood Village for the most recent year with available data, 2018, was $5,061, approximately 0.7% of the median home sale price for December 2019.

The following table compares Greenwood Village to other Arapahoe County cities with similar median sale prices in December 2019:

CityDec. 2019 Home SalesDec. 2018 Home Sales% change (Total Home Sales)Dec. 2019 Median Sales PriceDec. 2018 Median Sales Price% change (Median Sales Price)
Cherry Hills Village990%$1,695,000$1,450,00016.9%
Columbine Valley110%$980,000$925,0005.9%
Foxfield110%$825,000$595,00038.7%
Greenwood Village222010%$676,250$1,293,500-47.7%
Columbine63100%$565,000$303,00086.5%
Holly Hills42100%$539,500$560,500-3.7%
Bennett21100%$517,500$550,000-5.9%
Watkins10-$485,000$0-
Centennial15513316.5%$446,900$429,9004%
Littleton754374.4%$417,650$430,000-2.9%
Englewood46452.2%$405,000$389,3054%

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