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Tuesday, November 5, 2024

What happened to the median home price in Sullivan during the second half of 2021?

Realestate4

The median sale price of a home sold in the second half of 2021 in Sullivan rose by $170,500 while total sales decreased by 25%, according to BlockShopper.com.

From July through December of 2021, there were 12 homes sold, with a median sale price of $410,500 - a 71% increase over the $240,000 median sale price for the same period of the previous year. There were 16 homes sold in Sullivan in the second half of 2020.

The median sales tax in Sullivan for the most recent year with available data, 2018, was $953, approximately 0.2% of the median home sale price for the second half of 2021.

The following table compares Sullivan to other Arapahoe County cities with similar median sale prices in the second half of 2021:

CityJuly - Dec. 2021 Home SalesJuly - Dec. 2020 Home Sales% change (Total Home Sales)July - Dec. 2021 Median Sales PriceJuly - Dec. 2020 Median Sales Price% change (Median Sales Price)
Spring Creek Meadows191258.3%$555,000$420,00032.1%
Englewood262344-23.8%$520,000$444,00017.1%
Strasburg511-54.5%$500,000$505,000-1%
Byers414-71.4%$480,000$322,00049.1%
Sheridan2948-39.6%$440,500$332,50032.5%
Aurora3,3583,896-13.8%$430,000$359,00019.8%
Sullivan1216-25%$410,500$240,00071%
Denver12-50%$400,000$193,637.50106.6%
Dove Valley65608.3%$398,887$328,00021.6%
Glendale914-35.7%$348,000$292,50019%
Deer Trail15-80%$255,000$342,000-25.4%

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