From July through September of 2021, there were 45 homes sold, with a median sale price of $763,800 - a 16.4% increase over the $656,000 median sale price for the same period of the previous year. There were 61 homes sold in Cherry Creek in the third quarter of 2020.
The median sales tax in Cherry Creek for the most recent year with available data, 2018, was $3,687, approximately 0.5% of the median home sale price for the third quarter of 2021.
The following table compares Cherry Creek to other Arapahoe County cities with similar median sale prices in the third quarter of 2021:
City | July - Sept. 2021 Home Sales | July - Sept. 2020 Home Sales | % change (Total Home Sales) | July - Sept. 2021 Median Sales Price | July - Sept. 2020 Median Sales Price | % change (Median Sales Price) |
---|---|---|---|---|---|---|
Columbine Valley | 7 | 14 | -50% | $1,505,000 | $1,352,500 | 11.3% |
Greenwood Village | 48 | 115 | -58.3% | $918,750 | $1,205,000 | -23.8% |
Inverness | 4 | 6 | -33.3% | $782,500 | $522,000 | 49.9% |
Foxfield | 1 | 3 | -66.7% | $780,000 | $765,800 | 1.9% |
Columbine | 16 | 17 | -5.9% | $767,500 | $455,000 | 68.7% |
Cherry Creek | 45 | 61 | -26.2% | $763,800 | $656,000 | 16.4% |
Watkins | 3 | 1 | 200% | $748,000 | $789,000 | -5.2% |
Bennett | 1 | 7 | -85.7% | $685,000 | $565,000 | 21.2% |
Centennial | 446 | 610 | -26.9% | $590,000 | $473,450 | 24.6% |
Sullivan | 8 | 10 | -20% | $582,500 | $219,750 | 165.1% |
Holly Hills | 23 | 15 | 53.3% | $578,500 | $515,000 | 12.3% |