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Sunday, November 24, 2024

Falling home prices in Holly Hills in October 2019

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The median sale price of a home sold in October 2019 in Holly Hills fell by $92,000 while total sales increased by 175%, according to BlockShopper.com.

In October 2019, there were 11 homes sold, with a median sale price of $450,000 - a 17% decrease over the $542,000 median sale price for the same period of the previous year. There were four homes sold in Holly Hills in October 2018.

The median sales tax in Holly Hills for the most recent year with available data, 2018, was $2,460, approximately 0.5% of the median home sale price for October 2019.

The following table compares Holly Hills to other Arapahoe County cities with similar median sale prices in October 2019:

CityOct. 2019 Home SalesOct. 2018 Home Sales% change (Total Home Sales)Oct. 2019 Median Sales PriceOct. 2018 Median Sales Price% change (Median Sales Price)
Columbine Valley30-$1,183,200$0-
Greenwood Village262030%$1,052,500$878,00019.9%
Watkins110%$603,100$650,000-7.2%
Cherry Creek1819-5.3%$533,000$521,5002.2%
Inverness61500%$491,750$492,000-0.1%
Holly Hills114175%$450,000$542,000-17%
Centennial19415326.8%$440,000$400,00010%
Spring Creek Meadows21100%$422,750$388,0009%
Littleton64606.7%$403,950$403,5000.1%
Columbine31200%$400,000$290,00037.9%
Englewood625024%$380,000$375,0001.3%

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