The median sale price of a home sold in the fourth quarter of 2018 in Spring Creek Meadows fell by $80,000 while total sales decreased by 50%, according to BlockShopper.com.
From October through December of 2018, there were three homes sold, with a median sale price of $310,000 – a 20.5% decrease over the $390,000 median sale price for the same period of the previous year. There were six homes sold in Spring Creek Meadows in the fourth quarter of 2017.
The median sales tax in Spring Creek Meadows for 2018 was $2,527. In 2017, the median sales tax was $2,484. This marks an increase of 1.8%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 0.8%.
The following table compares Spring Creek Meadows to other Arapahoe County cities with similar median sale prices in the fourth quarter of 2018:
| City | Oct. – Dec. 2018 Home Sales | Oct. – Dec. 2017 Home Sales | % change (Total Home Sales) | Oct. – Dec. 2018 Median Sales Price | Oct. – Dec. 2017 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Englewood | 150 | 157 | -4.5% | $380,000 | $350,000 | 8.6% |
| Byers | 2 | 5 | -60% | $333,750 | $225,000 | 48.3% |
| Columbine | 7 | 13 | -46.2% | $325,000 | $481,000 | -32.4% |
| Aurora | 1,592 | 1,829 | -13% | $320,000 | $300,000 | 6.7% |
| Dove Valley | 28 | 30 | -6.7% | $319,000 | $311,000 | 2.6% |
| Spring Creek Meadows | 3 | 6 | -50% | $310,000 | $390,000 | -20.5% |
| Glendale | 5 | 4 | 25% | $278,000 | $221,500 | 25.5% |
| Sheridan | 12 | 22 | -45.5% | $276,500 | $300,000 | -7.8% |
| Denver | 6 | 3 | 100% | $268,500 | $199,500 | 34.6% |
| Deer Trail | 5 | 3 | 66.7% | $265,000 | $179,000 | 48% |
| Sullivan | 3 | 6 | -50% | $226,000 | $189,950 | 19% |
