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Sunday, November 24, 2024

The second half of 2020: Columbine Valley experienced a 30.4% increase in median home prices

Realestate2

The median sale price of a home sold in the second half of 2020 in Columbine Valley rose by $297,500 while total sales increased by 144.4%, according to BlockShopper.com.

From July through December of 2020, there were 22 homes sold, with a median sale price of $1,277,500 - a 30.4% increase over the $980,000 median sale price for the same period of the previous year. There were nine homes sold in Columbine Valley in the second half of 2019.

The median sales tax in Columbine Valley for the most recent year with available data, 2018, was $6,029, approximately 0.5% of the median home sale price for the second half of 2020.

The following table compares Columbine Valley 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)
Cherry Hills Village755633.9%$2,300,000$1,837,50025.2%
Bow Mar82300%$1,737,500$1,574,25010.4%
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%

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