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Sunday, November 17, 2024

The first half of 2020: Englewood experienced a 7.7% increase in median home prices

Realestate5

The median sale price of a home sold in the first half of 2020 in Englewood rose by $30,000 while total sales decreased by 16%, according to BlockShopper.com.

From January through June of 2020, there were 279 homes sold, with a median sale price of $420,000 - a 7.7% increase over the $390,000 median sale price for the same period of the previous year. There were 332 homes sold in Englewood in the first 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 first half of 2020.

The following table compares Englewood 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)
Inverness1013-23.1%$493,250$515,000-4.2%
Denver330%$460,000$236,00094.9%
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%

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