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Sunday, November 24, 2024

How did home prices perform in Bennett (Arapahoe County) during the second half of 2020?

Realestate4

The median sale price of a home sold in the second half of 2020 in Bennett in Arapahoe County rose by $67,500 while total sales increased by 20%, according to BlockShopper.com.

From July through December of 2020, there were 12 homes sold, with a median sale price of $567,500 - a 13.5% increase over the $500,000 median sale price for the same period of the previous year. There were 10 homes sold in Bennett in the second half of 2019.

The median sales tax in Bennett for the most recent year with available data, 2018, was $3,714, approximately 0.7% of the median home sale price for the second half of 2020.

The following table compares Bennett 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)
Columbine Valley229144.4%$1,277,500$980,00030.4%
Greenwood Village19514237.3%$1,180,000$939,12225.6%
Foxfield56-16.7%$777,600$817,500-4.9%
Watkins47-42.9%$705,750$603,10017%
Cherry Creek113123-8.1%$632,000$522,50021%
Bennett121020%$567,500$500,00013.5%
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%
* This story only considers sales data for the part of Bennett that is in Arapahoe County.

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