From July through December of 2020, there were 113 homes sold, with a median sale price of $632,000 - a 21% increase over the $522,500 median sale price for the same period of the previous year. There were 123 homes sold in Cherry Creek in the second half of 2019.
The median sales tax in Cherry Creek for the most recent year with available data, 2018, was $3,687, approximately 0.6% of the median home sale price for the second half of 2020.
The following table compares Cherry Creek to other Arapahoe County cities with similar median sale prices in the second half of 2020:
| City | July - Dec. 2020 Home Sales | July - Dec. 2019 Home Sales | % change (Total Home Sales) | July - Dec. 2020 Median Sales Price | July - Dec. 2019 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Bow Mar | 8 | 2 | 300% | $1,737,500 | $1,574,250 | 10.4% |
| Columbine Valley | 22 | 9 | 144.4% | $1,277,500 | $980,000 | 30.4% |
| Greenwood Village | 195 | 142 | 37.3% | $1,180,000 | $939,122 | 25.6% |
| Foxfield | 5 | 6 | -16.7% | $777,600 | $817,500 | -4.9% |
| Watkins | 4 | 7 | -42.9% | $705,750 | $603,100 | 17% |
| Cherry Creek | 113 | 123 | -8.1% | $632,000 | $522,500 | 21% |
| Bennett | 12 | 10 | 20% | $567,500 | $500,000 | 13.5% |
| Holly Hills | 26 | 36 | -27.8% | $546,194.78 | $477,500 | 14.4% |
| Inverness | 12 | 13 | -7.7% | $524,000 | $458,000 | 14.4% |
| Strasburg | 11 | 11 | 0% | $505,000 | $485,000 | 4.1% |
| Centennial | 1,135 | 1,083 | 4.8% | $483,500 | $447,500 | 8% |
Alerts Sign-up