From October through December of 2019, there were 31 homes sold, with a median sale price of $1,695,000 - a 7.6% decrease over the $1,835,000 median sale price for the same period of the previous year. There were 29 homes sold in Cherry Hills Village in the fourth quarter of 2018.
The median sales tax in Cherry Hills Village for the most recent year with available data, 2018, was $11,112, approximately 0.7% of the median home sale price for the fourth quarter of 2019.
The following table compares Cherry Hills Village to other Arapahoe County cities with similar median sale prices in the fourth quarter of 2019:
| City | Oct. - Dec. 2019 Home Sales | Oct. - Dec. 2018 Home Sales | % change (Total Home Sales) | Oct. - Dec. 2019 Median Sales Price | Oct. - Dec. 2018 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Cherry Hills Village | 31 | 29 | 6.9% | $1,695,000 | $1,835,000 | -7.6% |
| Columbine Valley | 6 | 3 | 100% | $1,081,600 | $890,000 | 21.5% |
| Greenwood Village | 69 | 57 | 21.1% | $952,244 | $935,000 | 1.8% |
| Foxfield | 1 | 1 | 0% | $825,000 | $595,000 | 38.7% |
| Watkins | 3 | 3 | 0% | $603,100 | $650,000 | -7.2% |
| Columbine | 13 | 7 | 85.7% | $579,000 | $325,000 | 78.2% |
| Cherry Creek | 43 | 48 | -10.4% | $565,000 | $542,500 | 4.1% |
| Bennett | 3 | 5 | -40% | $500,000 | $509,000 | -1.8% |
| Inverness | 6 | 4 | 50% | $491,750 | $533,500 | -7.8% |
| Holly Hills | 19 | 10 | 90% | $485,000 | $534,500 | -9.3% |
| Strasburg | 4 | 11 | -63.6% | $468,000 | $443,500 | 5.5% |
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