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Sunday, November 17, 2024

Falling home prices in Dove Valley in the second quarter of 2020

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The median sale price of a home sold in the second quarter of 2020 in Dove Valley fell by $19,577 while total sales decreased by 52.8%, according to BlockShopper.com.

From April through June of 2020, there were 17 homes sold, with a median sale price of $307,000 - a 6% decrease over the $326,577 median sale price for the same period of the previous year. There were 36 homes sold in Dove Valley in the second quarter of 2019.

The median sales tax in Dove Valley for the most recent year with available data, 2018, was $2,295, approximately 0.7% of the median home sale price for the second quarter of 2020.

The following table compares Dove Valley to other Arapahoe County cities with similar median sale prices in the second quarter of 2020:

CityApr. - June 2020 Home SalesApr. - June 2019 Home Sales% change (Total Home Sales)Apr. - June 2020 Median Sales PriceApr. - June 2019 Median Sales Price% change (Median Sales Price)
Centennial428596-28.2%$454,670$458,500-0.8%
Littleton167222-24.8%$435,900$414,4255.2%
Spring Creek Meadows815-46.7%$420,750$414,5001.5%
Englewood148203-27.1%$410,000$395,0003.8%
Aurora1,3781,842-25.2%$341,000$333,0002.4%
Sheridan1222-45.5%$324,500$320,986.501.1%
Glendale7616.7%$310,000$296,2504.6%
Dove Valley1736-52.8%$307,000$326,576.50-6%
Byers8714.3%$299,600$275,0008.9%
Deer Trail51400%$260,000$165,00057.6%
Sullivan9728.6%$202,000$209,900-3.8%

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