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Tuesday, November 26, 2024

What happened to the median home price in Bennett (Arapahoe County) during 2021?

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The median sale price of a home sold in 2021 in Bennett in Arapahoe County rose by $77,500 while total sales decreased by 61.1%, according to BlockShopper.com.

From January through December of 2021, there were seven homes sold, with a median sale price of $640,000 - a 13.8% increase over the $562,500 median sale price for the previous year. There were 18 homes sold in Bennett in 2020.

The median sales tax in Bennett for the most recent year with available data, 2018, was $3,714, approximately 0.6% of the median home sale price for 2021.

The following table compares Bennett to other Arapahoe County cities with similar median sale prices in 2021:

CityJan. - Dec. 2021 Home SalesJan. - Dec. 2020 Home Sales% change (Total Home Sales)Jan. - Dec. 2021 Median Sales PriceJan. - Dec. 2020 Median Sales Price% change (Median Sales Price)
Foxfield59-44.4%$1,125,000$777,60044.7%
Greenwood Village249286-12.9%$1,100,000$1,001,0009.9%
Watkins9728.6%$740,000$550,00034.5%
Columbine4551-11.8%$699,000$455,00053.6%
Cherry Creek202205-1.5%$688,750$619,50011.2%
Bennett718-61.1%$640,000$562,50013.8%
Holly Hills694553.3%$619,000$532,50016.2%
Inverness362263.6%$599,500$524,00014.4%
Centennial1,9381,956-0.9%$568,875$470,00021%
Spring Creek Meadows3134-8.8%$540,000$420,00028.6%
Littleton655769-14.8%$535,000$469,00014.1%
* This story only considers sales data for the part of Bennett that is in Arapahoe County.

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