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Thursday, October 17, 2024

What happened to the median home price in Columbine Valley during the fourth quarter of 2019?

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The median sale price of a home sold in the fourth quarter of 2019 in Columbine Valley rose by $191,600 while total sales increased by 100%, according to BlockShopper.com.

From October through December of 2019, there were six homes sold, with a median sale price of $1,081,600 - a 21.5% increase over the $890,000 median sale price for the same period of the previous year. There were three homes sold in Columbine Valley in the fourth quarter of 2018.

The median sales tax in Columbine Valley for the most recent year with available data, 2018, was $6,029, approximately 0.6% of the median home sale price for the fourth quarter of 2019.

The following table compares Columbine Valley to other Arapahoe County cities with similar median sale prices in the fourth quarter of 2019:

CityOct. - Dec. 2019 Home SalesOct. - Dec. 2018 Home Sales% change (Total Home Sales)Oct. - Dec. 2019 Median Sales PriceOct. - Dec. 2018 Median Sales Price% change (Median Sales Price)
Cherry Hills Village31296.9%$1,695,000$1,835,000-7.6%
Columbine Valley63100%$1,081,600$890,00021.5%
Greenwood Village695721.1%$952,244$935,0001.8%
Foxfield110%$825,000$595,00038.7%
Watkins330%$603,100$650,000-7.2%
Columbine13785.7%$579,000$325,00078.2%
Cherry Creek4348-10.4%$565,000$542,5004.1%
Bennett35-40%$500,000$509,000-1.8%
Inverness6450%$491,750$533,500-7.8%
Holly Hills191090%$485,000$534,500-9.3%
Strasburg411-63.6%$468,000$443,5005.5%

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