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Centennial State News

Tuesday, November 26, 2024

2021: Home prices in Cherry Hills Village increased

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The median sale price of a home sold in 2021 in Cherry Hills Village rose by $572,000 while total sales decreased by 7.4%, according to BlockShopper.com.

From January through December of 2021, there were 112 homes sold, with a median sale price of $2,772,000 - a 26% increase over the $2,200,000 median sale price for the previous year. There were 121 homes sold in Cherry Hills Village in 2020.

The median sales tax in Cherry Hills Village for the most recent year with available data, 2018, was $11,112, approximately 0.4% of the median home sale price for 2021.

The following table compares Cherry Hills Village 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)
Cherry Hills Village112121-7.4%$2,772,000$2,200,00026%
Bow Mar610-40%$1,867,500$1,625,00014.9%
Columbine Valley32313.2%$1,511,500$1,275,00018.5%
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%

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