Bennett (Arapahoe County) median home prices fell by 85.3% in the first quarter of 2018

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The median sale price of a home sold in the first quarter of 2018 in Bennett in Arapahoe County fell by $405,050 while total sales increased by 100%, according to BlockShopper.com.

From January through March of 2018, there were four homes sold, with a median sale price of $69,950 – a 85.3% decrease over the $475,000 median sale price for the same period of the previous year. There were two homes sold in Bennett in the first quarter of 2017.

The median sales tax in Bennett for 2018 was $3,714. In 2017, the median sales tax was $3,663. This marks an increase of 1.4%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 5.3%.

The following table compares Bennett to other Arapahoe County cities with similar median sale prices in the first quarter of 2018:

City Jan. – Mar. 2018 Home Sales Jan. – Mar. 2017 Home Sales % change (Total Home Sales) Jan. – Mar. 2018 Median Sales Price Jan. – Mar. 2017 Median Sales Price % change (Median Sales Price)
Littleton 120 100 20% $371,000 $411,750 -9.9%
Englewood 123 28 339.3% $359,000 $333,000 7.8%
Columbine 8 8 0% $327,500 $420,000 -22%
Aurora 1,411 1,153 22.4% $306,000 $310,000 -1.3%
Dove Valley 26 14 85.7% $295,000 $312,750 -5.7%
Sheridan 8 6 33.3% $282,000 $261,000 8%
Glendale 8 0 $242,750 $0
Byers 9 2 350% $208,000 $263,000 -20.9%
Sullivan 1 1 0% $171,000 $405,000 -57.8%
Deer Trail 6 0 $149,769.50 $0
Bennett 4 2 100% $69,950 $475,000 -85.3%

* This story only considers sales data for the part of Bennett that is in Arapahoe County.



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