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Saturday, November 16, 2024

How did home prices perform in Greenwood Village during the third quarter of 2021?

Realestate1

The median sale price of a home sold in the third quarter of 2021 in Greenwood Village fell by $286,250 while total sales decreased by 58.3%, according to BlockShopper.com.

From July through September of 2021, there were 48 homes sold, with a median sale price of $918,750 - a 23.8% decrease over the $1,205,000 median sale price for the same period of the previous year. There were 115 homes sold in Greenwood Village in the third quarter of 2020.

The median sales tax in Greenwood Village for the most recent year with available data, 2018, was $5,061, approximately 0.6% of the median home sale price for the third quarter of 2021.

The following table compares Greenwood Village to other Arapahoe County cities with similar median sale prices in the third quarter of 2021:

CityJuly - Sept. 2021 Home SalesJuly - Sept. 2020 Home Sales% change (Total Home Sales)July - Sept. 2021 Median Sales PriceJuly - Sept. 2020 Median Sales Price% change (Median Sales Price)
Cherry Hills Village2144-52.3%$2,400,000$2,257,5006.3%
Bow Mar13-66.7%$1,800,000$1,825,000-1.4%
Columbine Valley714-50%$1,505,000$1,352,50011.3%
Greenwood Village48115-58.3%$918,750$1,205,000-23.8%
Inverness46-33.3%$782,500$522,00049.9%
Foxfield13-66.7%$780,000$765,8001.9%
Columbine1617-5.9%$767,500$455,00068.7%
Cherry Creek4561-26.2%$763,800$656,00016.4%
Watkins31200%$748,000$789,000-5.2%
Bennett17-85.7%$685,000$565,00021.2%
Centennial446610-26.9%$590,000$473,45024.6%

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