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East Arapahoe News

Wednesday, November 27, 2024

August 2020: Bennett (Arapahoe County) experienced a 2.7% drop in median home prices

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The median sale price of a home sold in August 2020 in Bennett in Arapahoe County fell by $15,900 while total sales increased by 66.7%, according to BlockShopper.com.

In August 2020, there were five homes sold, with a median sale price of $574,000 - a 2.7% decrease over the $589,900 median sale price for the same period of the previous year. There were three homes sold in Bennett in August 2019.

The median sales tax in Bennett for the most recent year with available data, 2018, was $3,714, approximately 0.6% of the median home sale price for August 2020.

The following table compares Bennett to other Arapahoe County cities with similar median sale prices in August 2020:

CityAug. 2020 Home SalesAug. 2019 Home Sales% change (Total Home Sales)Aug. 2020 Median Sales PriceAug. 2019 Median Sales Price% change (Median Sales Price)
Cherry Hills Village136116.7%$2,818,800$1,725,00063.4%
Greenwood Village321968.4%$1,344,715$900,00049.4%
Columbine Valley40-$947,500$0-
Foxfield110%$907,000$760,00019.3%
Cherry Creek1630-46.7%$670,450$489,412.5037%
Bennett5366.7%$574,000$589,900-2.7%
Strasburg5425%$535,000$499,9507%
Holly Hills72250%$515,000$479,5007.4%
Inverness110%$499,500$392,00027.4%
Centennial19617114.6%$478,500$444,0007.8%
Littleton63596.8%$470,000$475,000-1.1%
* This story only considers sales data for the part of Bennett that is in Arapahoe County.

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