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Centennial State News

Tuesday, November 5, 2024

Greenwood Village median home prices fell by 22.1% in the second half of 2021

Realestate4

The median sale price of a home sold in the second half of 2021 in Greenwood Village fell by $261,250 while total sales decreased by 47.7%, according to BlockShopper.com.

From July through December of 2021, there were 102 homes sold, with a median sale price of $918,750 - a 22.1% decrease over the $1,180,000 median sale price for the same period of the previous year. There were 195 homes sold in Greenwood Village in the second half 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 second half of 2021.

The following table compares Greenwood Village 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)
Cherry Hills Village5275-30.7%$2,750,000$2,300,00019.6%
Columbine Valley1922-13.6%$1,505,000$1,277,50017.8%
Bow Mar38-62.5%$1,375,000$1,737,500-20.9%
Greenwood Village102195-47.7%$918,750$1,180,000-22.1%
Inverness151225%$820,000$524,00056.5%
Foxfield15-80%$780,000$777,6000.3%
Watkins5425%$748,000$705,7506%
Cherry Creek92113-18.6%$717,500$632,00013.5%
Bennett312-75%$665,000$567,50017.2%
Columbine2932-9.4%$625,000$358,75074.2%
Holly Hills352634.6%$590,000$546,194.788%

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