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Centennial State News

Monday, November 25, 2024

September 2019: Cherry Hills Village experienced a 52.7% increase in median home prices

Realestate4

The median sale price of a home sold in September 2019 in Cherry Hills Village rose by $862,750 while total sales decreased by 50%, according to BlockShopper.com.

In September 2019, there were four homes sold, with a median sale price of $2,500,000 - a 52.7% increase over the $1,637,250 median sale price for the same period of the previous year. There were eight homes sold in Cherry Hills Village in September 2018.

The median sales tax in Cherry Hills Village for the most recent year with available data, 2018, was $11,112, approximately 0.4% of the median home sale price for September 2019.

The following table compares Cherry Hills Village to other Arapahoe County cities with similar median sale prices in September 2019:

CitySept. 2019 Home SalesSept. 2018 Home Sales% change (Total Home Sales)Sept. 2019 Median Sales PriceSept. 2018 Median Sales Price% change (Median Sales Price)
Cherry Hills Village48-50%$2,500,000$1,637,25052.7%
Bow Mar110%$1,248,500$1,335,000-6.5%
Foxfield10-$1,080,000$0-
Greenwood Village24229.1%$987,500$810,00021.9%
Columbine Valley13-66.7%$952,000$585,00062.7%
Columbine52150%$749,000$297,250152%
Watkins30-$670,000$0-
Holly Hills34-25%$515,000$523,750-1.7%
Inverness21100%$484,000$346,00039.9%
Cherry Creek241471.4%$450,000$575,000-21.7%
Centennial17214320.3%$446,050$414,7507.5%

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