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Sunday, December 22, 2024

Cherry Creek median home prices rose by 57.8% in February 2022

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The median sale price of a home sold in February 2022 in Cherry Creek rose by $357,000 while total sales decreased by 28.6%, according to BlockShopper.com.

In February 2022, there were five homes sold, with a median sale price of $975,000 - a 57.8% increase over the $618,000 median sale price for the same period of the previous year. There were seven homes sold in Cherry Creek in February 2021.

The median sales tax in Cherry Creek for the most recent year with available data, 2018, was $3,687, approximately 0.4% of the median home sale price for February 2022.

The following table compares Cherry Creek to other Arapahoe County cities with similar median sale prices in February 2022:

CityFeb. 2022 Home SalesFeb. 2021 Home Sales% change (Total Home Sales)Feb. 2022 Median Sales PriceFeb. 2021 Median Sales Price% change (Median Sales Price)
Columbine Valley110%$3,700,000$1,465,000152.6%
Cherry Hills Village16-83.3%$2,450,000$2,590,000-5.4%
Greenwood Village316-81.3%$1,175,000$867,82835.4%
Cherry Creek57-28.6%$975,000$618,00057.8%
Holly Hills110-90%$890,000$580,50053.3%
Columbine220%$757,500$717,5005.6%
Centennial28109-74.3%$673,750$540,00024.8%
Littleton137-97.3%$629,550$500,00025.9%
Spring Creek Meadows12-50%$485,000$517,000-6.2%
Aurora150417-64%$473,750$360,00031.6%
Englewood438-89.5%$470,000$447,2005.1%

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