The median sale price of a home sold in the first half of 2018 in Spring Creek Meadows fell by $9,485 while total sales decreased by 61.9%, according to BlockShopper.com.
From January through June of 2018, there were eight homes sold, with a median sale price of $387,015 – a 2.4% decrease over the $396,500 median sale price for the same period of the previous year. There were 21 homes sold in Spring Creek Meadows in the first half 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 0.7%.
The following table compares Spring Creek Meadows to other Arapahoe County cities with similar median sale prices in the first half of 2018:
| City | Jan. – June 2018 Home Sales | Jan. – June 2017 Home Sales | % change (Total Home Sales) | Jan. – June 2018 Median Sales Price | Jan. – June 2017 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Inverness | 13 | 0 | – | $502,000 | $0 | – |
| Strasburg | 11 | 4 | 175% | $450,000 | $252,500 | 78.2% |
| Centennial | 940 | 937 | 0.3% | $425,000 | $416,000 | 2.2% |
| Bennett | 7 | 6 | 16.7% | $416,000 | $425,000 | -2.1% |
| Littleton | 314 | 226 | 38.9% | $399,500 | $408,000 | -2.1% |
| Spring Creek Meadows | 8 | 21 | -61.9% | $387,015 | $396,500 | -2.4% |
| Englewood | 312 | 73 | 327.4% | $385,000 | $375,000 | 2.7% |
| Denver | 2 | 0 | – | $372,500 | $0 | – |
| Columbine | 22 | 12 | 83.3% | $355,000 | $438,350 | -19% |
| Aurora | 3,365 | 2,630 | 27.9% | $318,500 | $315,000 | 1.1% |
| Sheridan | 17 | 16 | 6.3% | $317,750 | $286,250 | 11% |
