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Saturday, November 23, 2024

How did home prices perform in Cherry Hills Village during November 2019?

Re 11

The median sale price of a home sold in November 2019 in Cherry Hills Village fell by $675,000 while total sales remained unchanged with 11 homes sold, according to BlockShopper.com.

In November 2019, there were 11 homes sold, with a median sale price of $1,600,000 - a 29.7% decrease over the $2,275,000 median sale price for the same period of the previous year. There were 11 homes sold in Cherry Hills Village in November 2018, as well.

The median sales tax in Cherry Hills Village for the most recent year with available data, 2018, was $11,112, approximately 0.7% of the median home sale price for November 2019.

The following table compares Cherry Hills Village 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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