From January through June of 2020, there were two homes sold, with a median sale price of $1,360,461 - a 28.4% decrease over the $1,901,250 median sale price for the same period of the previous year. There were four homes sold in Bow Mar in the first half of 2019.
The median sales tax in Bow Mar for the most recent year with available data, 2018, was $9,955, approximately 0.7% of the median home sale price for the first half of 2020.
The following table compares Bow Mar to other Arapahoe County cities with similar median sale prices in the first half of 2020:
City | Jan. - June 2020 Home Sales | Jan. - June 2019 Home Sales | % change (Total Home Sales) | Jan. - June 2020 Median Sales Price | Jan. - June 2019 Median Sales Price | % change (Median Sales Price) |
---|---|---|---|---|---|---|
Cherry Hills Village | 46 | 55 | -16.4% | $1,995,000 | $1,800,000 | 10.8% |
Bow Mar | 2 | 4 | -50% | $1,360,460.50 | $1,901,250 | -28.4% |
Columbine Valley | 9 | 11 | -18.2% | $1,050,000 | $1,150,000 | -8.7% |
Greenwood Village | 91 | 122 | -25.4% | $809,700 | $886,914 | -8.7% |
Foxfield | 4 | 4 | 0% | $770,000 | $955,000 | -19.4% |
Columbine | 19 | 21 | -9.5% | $625,000 | $785,000 | -20.4% |
Cherry Creek | 92 | 111 | -17.1% | $612,500 | $580,000 | 5.6% |
Bennett | 6 | 10 | -40% | $558,500 | $520,000 | 7.4% |
Strasburg | 10 | 9 | 11.1% | $535,200 | $490,000 | 9.2% |
Watkins | 3 | 3 | 0% | $522,000 | $625,000 | -16.5% |
Holly Hills | 19 | 30 | -36.7% | $520,000 | $506,250 | 2.7% |