From July through September of 2019, there were seven homes sold, with a median sale price of $418,000 - a 9.5% decrease over the $462,000 median sale price for the same period of the previous year. There were five homes sold in Inverness in the third quarter of 2018.
The median sales tax in Inverness for the most recent year with available data, 2018, was $3,233, approximately 0.8% of the median home sale price for the third quarter of 2019.
The following table compares Inverness to other Arapahoe County cities with similar median sale prices in the third quarter of 2019:
| City | July - Sept. 2019 Home Sales | July - Sept. 2018 Home Sales | % change (Total Home Sales) | July - Sept. 2019 Median Sales Price | July - Sept. 2018 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Strasburg | 7 | 3 | 133.3% | $485,000 | $450,000 | 7.8% |
| Holly Hills | 17 | 16 | 6.3% | $455,000 | $518,000 | -12.2% |
| Centennial | 591 | 569 | 3.9% | $452,000 | $425,000 | 6.4% |
| Spring Creek Meadows | 17 | 11 | 54.5% | $434,000 | $420,000 | 3.3% |
| Littleton | 198 | 207 | -4.3% | $431,250 | $410,000 | 5.2% |
| Inverness | 7 | 5 | 40% | $418,000 | $462,000 | -9.5% |
| Englewood | 189 | 153 | 23.5% | $410,000 | $376,000 | 9% |
| Denver | 7 | 2 | 250% | $385,000 | $791,750 | -51.4% |
| Columbine | 13 | 11 | 18.2% | $348,000 | $320,000 | 8.8% |
| Dove Valley | 27 | 39 | -30.8% | $340,000 | $325,000 | 4.6% |
| Aurora | 1,915 | 1,912 | 0.2% | $334,500 | $321,750 | 4% |
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