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Sunday, November 24, 2024

What happened to the median home price in Englewood during the second half of 2020?

Re 1

The median sale price of a home sold in the second half of 2020 in Englewood rose by $36,000 while total sales increased by 2.7%, according to BlockShopper.com.

From July through December of 2020, there were 344 homes sold, with a median sale price of $444,000 - a 8.8% increase over the $408,000 median sale price for the same period of the previous year. There were 335 homes sold in Englewood in the second half of 2019.

The median sales tax in Englewood for the most recent year with available data, 2018, was $1,684, approximately 0.4% of the median home sale price for the second half of 2020.

The following table compares Englewood to other Arapahoe County cities with similar median sale prices in the second half of 2020:

CityJuly - Dec. 2020 Home SalesJuly - Dec. 2019 Home Sales% change (Total Home Sales)July - Dec. 2020 Median Sales PriceJuly - Dec. 2019 Median Sales Price% change (Median Sales Price)
Holly Hills2636-27.8%$546,194.78$477,50014.4%
Inverness1213-7.7%$524,000$458,00014.4%
Strasburg11110%$505,000$485,0004.1%
Centennial1,1351,0834.8%$483,500$447,5008%
Littleton44939214.5%$480,000$425,00012.9%
Englewood3443352.7%$444,000$408,0008.8%
Spring Creek Meadows1223-47.8%$420,000$415,5001.1%
Aurora3,8963,5928.5%$359,000$330,0008.8%
Columbine322623.1%$358,750$565,000-36.5%
Deer Trail550%$342,000$205,00066.8%
Sheridan483441.2%$332,500$327,0001.7%

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