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Centennial State News

Tuesday, November 5, 2024

Cherry Hills Village home prices fell in December 2021

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The median sale price of a home sold in December 2021 in Cherry Hills Village fell by $225,000 while total sales decreased by 40%, according to BlockShopper.com.

In December 2021, there were three homes sold, with a median sale price of $2,200,000 - a 9.3% decrease over the $2,425,000 median sale price for the same period of the previous year. There were five homes sold in Cherry Hills Village in December 2020.

The median sales tax in Cherry Hills Village for the most recent year with available data, 2018, was $11,112, approximately 0.5% of the median home sale price for December 2021.

The following table compares Cherry Hills Village to other Arapahoe County cities with similar median sale prices in December 2021:

CityDec. 2021 Home SalesDec. 2020 Home Sales% change (Total Home Sales)Dec. 2021 Median Sales PriceDec. 2020 Median Sales Price% change (Median Sales Price)
Columbine Valley220%$2,534,850$1,286,50097%
Cherry Hills Village35-40%$2,200,000$2,425,000-9.3%
Greenwood Village326-88.5%$1,425,000$1,422,5000.2%
Spring Creek Meadows110%$686,000$460,00049.1%
Cherry Creek518-72.2%$635,000$620,0002.4%
Centennial45170-73.5%$615,000$479,95028.1%
Holly Hills5366.7%$610,134$539,00013.2%
Littleton1358-77.6%$605,000$500,00021%
Sheridan38-62.5%$574,500$258,750122%
Glendale12-50%$565,000$296,00090.9%
Englewood852-84.6%$554,999.50$420,00032.1%

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