Spring Creek Meadows median home prices rose by 10.8% in the second half of 2018

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The median sale price of a home sold in the second half of 2018 in Spring Creek Meadows rose by $39,619 while total sales decreased by 26.3%, according to BlockShopper.com.

From July through December of 2018, there were 14 homes sold, with a median sale price of $406,619 – a 10.8% increase over the $367,000 median sale price for the same period of the previous year. There were 19 homes sold in Spring Creek Meadows in the second 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 0.6%.

The following table compares Spring Creek Meadows to other Arapahoe County cities with similar median sale prices in the second half of 2018:

City July – Dec. 2018 Home Sales July – Dec. 2017 Home Sales % change (Total Home Sales) July – Dec. 2018 Median Sales Price July – Dec. 2017 Median Sales Price % change (Median Sales Price)
Inverness 9 13 -30.8% $492,000 $507,000 -3%
Bennett 9 9 0% $471,000 $450,000 4.7%
Strasburg 14 16 -12.5% $446,750 $412,825 8.2%
Centennial 1,006 1,124 -10.5% $418,500 $409,900 2.1%
Littleton 359 392 -8.4% $409,000 $382,750 6.9%
Spring Creek Meadows 14 19 -26.3% $406,618.83 $367,000 10.8%
Englewood 303 340 -10.9% $380,000 $346,905 9.5%
Columbine 18 21 -14.3% $322,500 $450,000 -28.3%
Aurora 3,504 4,082 -14.2% $320,525 $300,000 6.8%
Dove Valley 67 65 3.1% $320,000 $305,000 4.9%
Denver 8 8 0% $302,750 $224,600 34.8%


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