Home prices increased in Watkins (Arapahoe County) during the first quarter of 2019

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The median sale price of a home sold in the first quarter of 2019 in Watkins in Arapahoe County rose by $27,500 while total sales remained unchanged with two homes sold, according to BlockShopper.com.

From January through March of 2019, there were two homes sold, with a median sale price of $617,500 – a 4.7% increase over the $590,000 median sale price for the same period of the previous year. There were two homes sold in Watkins in the first quarter of 2018, as well.

The median sales tax in Watkins for the most recent year with available data, 2018, was $2,502, approximately 0.4% of the median home sale price for the first quarter of 2019.

The following table compares Watkins to other Arapahoe County cities with similar median sale prices in the first quarter of 2019:

City Jan. – Mar. 2019 Home Sales Jan. – Mar. 2018 Home Sales % change (Total Home Sales) Jan. – Mar. 2019 Median Sales Price Jan. – Mar. 2018 Median Sales Price % change (Median Sales Price)
Cherry Hills Village 17 26 -34.6% $1,565,000 $1,657,500 -5.6%
Columbine Valley 5 3 66.7% $1,398,000 $1,130,000 23.7%
Greenwood Village 35 46 -23.9% $925,000 $916,250 1%
Columbine 7 8 -12.5% $910,000 $327,500 177.9%
Foxfield 2 1 100% $800,000 $899,900 -11.1%
Watkins 2 2 0% $617,500 $590,000 4.7%
Inverness 7 4 75% $515,000 $444,250 15.9%
Holly Hills 17 10 70% $512,500 $543,187.50 -5.6%
Bennett 4 4 0% $504,000 $69,950 620.5%
Cherry Creek 43 33 30.3% $489,000 $595,000 -17.8%
Centennial 375 357 5% $420,000 $412,000 1.9%

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



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