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Sunday, November 17, 2024

How did home prices perform in Bow Mar (Arapahoe County) during the first half of 2020?

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The median sale price of a home sold in the first half of 2020 in Bow Mar in Arapahoe County fell by $540,790 while total sales decreased by 50%, according to BlockShopper.com.

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:

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)
Cherry Hills Village4655-16.4%$1,995,000$1,800,00010.8%
Bow Mar24-50%$1,360,460.50$1,901,250-28.4%
Columbine Valley911-18.2%$1,050,000$1,150,000-8.7%
Greenwood Village91122-25.4%$809,700$886,914-8.7%
Foxfield440%$770,000$955,000-19.4%
Columbine1921-9.5%$625,000$785,000-20.4%
Cherry Creek92111-17.1%$612,500$580,0005.6%
Bennett610-40%$558,500$520,0007.4%
Strasburg10911.1%$535,200$490,0009.2%
Watkins330%$522,000$625,000-16.5%
Holly Hills1930-36.7%$520,000$506,2502.7%
* This story only considers sales data for the part of Bow Mar that is in Arapahoe County.

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