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Thursday, October 17, 2024

The first quarter of 2020: Sullivan experienced a 9.7% drop in median home prices

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The median sale price of a home sold in the first quarter of 2020 in Sullivan fell by $22,500 while total sales remained unchanged with 10 homes sold, according to BlockShopper.com.

From January through March of 2020, there were 10 homes sold, with a median sale price of $209,250 - a 9.7% decrease over the $231,750 median sale price for the same period of the previous year. There were 10 homes sold in Sullivan in the first quarter of 2019, as well.

The median sales tax in Sullivan for the most recent year with available data, 2018, was $953, approximately 0.5% of the median home sale price for the first quarter of 2020.

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

CityJan. - Mar. 2020 Home SalesJan. - Mar. 2019 Home Sales% change (Total Home Sales)Jan. - Mar. 2020 Median Sales PriceJan. - Mar. 2019 Median Sales Price% change (Median Sales Price)
Inverness47-42.9%$458,750$515,000-10.9%
Centennial3933754.8%$455,000$420,0008.3%
Denver220%$437,500$278,00057.4%
Englewood1311291.6%$425,000$370,00014.9%
Spring Creek Meadows147100%$421,000$350,00020.3%
Sheridan181250%$359,500$310,00016%
Dove Valley2532-21.9%$359,000$327,5009.6%
Byers550%$330,000$249,00032.5%
Aurora1,2981,327-2.2%$329,450$317,0003.9%
Glendale5366.7%$259,000$298,100-13.1%
Sullivan10100%$209,250$231,750-9.7%

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