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Sunday, November 17, 2024

Falling home prices in Sullivan in the first half of 2020

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The median sale price of a home sold in the first half of 2020 in Sullivan fell by $18,000 while total sales increased by 11.8%, according to BlockShopper.com.

From January through June of 2020, there were 19 homes sold, with a median sale price of $202,000 - a 8.2% decrease over the $220,000 median sale price for the same period of the previous year. There were 17 homes sold in Sullivan in the first half of 2019.

The median sales tax in Sullivan for the most recent year with available data, 2018, was $953, approximately 0.5% of the median home sale price for the first half of 2020.

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

CityJan. - June 2020 Home SalesJan. - June 2019 Home Sales% change (Total Home Sales)Jan. - June 2020 Median Sales PriceJan. - June 2019 Median Sales Price% change (Median Sales Price)
Centennial821971-15.4%$455,000$443,7002.5%
Littleton320333-3.9%$447,000$405,00010.4%
Spring Creek Meadows22220%$421,000$403,0004.5%
Englewood279332-16%$420,000$390,0007.7%
Sheridan3034-11.8%$347,500$315,00010.3%
Dove Valley4268-38.2%$339,000$326,576.503.8%
Aurora2,6763,169-15.6%$335,000$326,0002.8%
Byers13128.3%$317,500$251,00026.5%
Glendale12933.3%$290,000$298,100-2.7%
Deer Trail5366.7%$260,000$175,00048.6%
Sullivan191711.8%$202,000$220,000-8.2%

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