From January through March of 2020, there were four homes sold, with a median sale price of $458,750 - a 10.9% decrease over the $515,000 median sale price for the same period of the previous year. There were seven homes sold in Inverness in the first quarter of 2019.
The median sales tax in Inverness for the most recent year with available data, 2018, was $3,233, approximately 0.7% of the median home sale price for the first quarter of 2020.
The following table compares Inverness to other Arapahoe County cities with similar median sale prices in the first quarter of 2020:
| City | Jan. - Mar. 2020 Home Sales | Jan. - Mar. 2019 Home Sales | % change (Total Home Sales) | Jan. - Mar. 2020 Median Sales Price | Jan. - Mar. 2019 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Bennett | 3 | 4 | -25% | $560,000 | $504,000 | 11.1% |
| Strasburg | 8 | 3 | 166.7% | $535,200 | $409,900 | 30.6% |
| Holly Hills | 12 | 17 | -29.4% | $525,250 | $512,500 | 2.5% |
| Watkins | 1 | 2 | -50% | $485,000 | $617,500 | -21.5% |
| Littleton | 153 | 111 | 37.8% | $460,000 | $393,100 | 17% |
| Inverness | 4 | 7 | -42.9% | $458,750 | $515,000 | -10.9% |
| Centennial | 393 | 375 | 4.8% | $455,000 | $420,000 | 8.3% |
| Denver | 2 | 2 | 0% | $437,500 | $278,000 | 57.4% |
| Englewood | 131 | 129 | 1.6% | $425,000 | $370,000 | 14.9% |
| Spring Creek Meadows | 14 | 7 | 100% | $421,000 | $350,000 | 20.3% |
| Sheridan | 18 | 12 | 50% | $359,500 | $310,000 | 16% |
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