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Thursday, October 17, 2024

Rising home prices in Strasburg (Arapahoe County) in the first quarter of 2020

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The median sale price of a home sold in the first quarter of 2020 in Strasburg in Arapahoe County rose by $125,300 while total sales increased by 166.7%, according to BlockShopper.com.

From January through March of 2020, there were eight homes sold, with a median sale price of $535,200 - a 30.6% increase over the $409,900 median sale price for the same period of the previous year. There were three homes sold in Strasburg in the first quarter of 2019.

The median sales tax in Strasburg for the most recent year with available data, 2018, was $1,897, approximately 0.4% of the median home sale price for the first quarter of 2020.

The following table compares Strasburg 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)
Foxfield3250%$815,000$800,0001.9%
Greenwood Village413517.1%$700,000$925,000-24.3%
Columbine8714.3%$585,000$910,000-35.7%
Cherry Creek44432.3%$562,500$489,00015%
Bennett34-25%$560,000$504,00011.1%
Strasburg83166.7%$535,200$409,90030.6%
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%
* This story only considers sales data for the part of Strasburg that is in Arapahoe County.

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