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Centennial State News

Wednesday, December 25, 2024

Home prices increased in Cherry Creek during November 2019

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The median sale price of a home sold in November 2019 in Cherry Creek rose by $42,950 while total sales increased by 16.7%, according to BlockShopper.com.

In November 2019, there were 14 homes sold, with a median sale price of $592,450 - a 7.8% increase over the $549,500 median sale price for the same period of the previous year. There were 12 homes sold in Cherry Creek in November 2018.

The median sales tax in Cherry Creek for the most recent year with available data, 2018, was $3,687, approximately 0.6% of the median home sale price for November 2019.

The following table compares Cherry Creek to other Arapahoe County cities with similar median sale prices in November 2019:

CityNov. 2019 Home SalesNov. 2018 Home Sales% change (Total Home Sales)Nov. 2019 Median Sales PriceNov. 2018 Median Sales Price% change (Median Sales Price)
Cherry Hills Village11110%$1,600,000$2,275,000-29.7%
Columbine Valley220%$1,107,500$870,00027.3%
Greenwood Village211723.5%$985,000$850,00015.9%
Watkins12-50%$700,000$610,00014.8%
Columbine4333.3%$627,850$420,00049.5%
Cherry Creek141216.7%$592,450$549,5007.8%
Strasburg330%$565,000$443,50027.4%
Holly Hills440%$528,500$517,0002.2%
Bennett13-66.7%$500,000$509,000-1.8%
Englewood3855-30.9%$447,450$386,85615.7%
Centennial143151-5.3%$446,000$406,0009.9%

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