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Thursday, October 17, 2024

Pricing for the median home in Denver increased during the first quarter of 2020

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The median sale price of a home sold in the first quarter of 2020 in Denver rose by $159,500 while total sales remained unchanged with two homes sold, according to BlockShopper.com.

From January through March of 2020, there were two homes sold, with a median sale price of $437,500 - a 57.4% increase over the $278,000 median sale price for the same period of the previous year. There were two homes sold in Denver in the first quarter of 2019, as well.

The median sales tax in Denver for the most recent year with available data, 2018, was $1,816, approximately 0.4% of the median home sale price for the first quarter of 2020.

The following table compares Denver 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)
Holly Hills1217-29.4%$525,250$512,5002.5%
Watkins12-50%$485,000$617,500-21.5%
Littleton15311137.8%$460,000$393,10017%
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%

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