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Sunday, September 22, 2024

The fourth quarter of 2020: Bennett (Arapahoe County) experienced a 14% increase in median home prices

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The median sale price of a home sold in the fourth quarter of 2020 in Bennett in Arapahoe County rose by $70,000 while total sales increased by 66.7%, according to BlockShopper.com.

From October through December of 2020, there were five homes sold, with a median sale price of $570,000 - a 14% increase over the $500,000 median sale price for the same period of the previous year. There were three homes sold in Bennett in the fourth quarter of 2019.

The median sales tax in Bennett for the most recent year with available data, 2018, was $3,714, approximately 0.7% of the median home sale price for the fourth quarter of 2020.

The following table compares Bennett to other Arapahoe County cities with similar median sale prices in the fourth quarter of 2020:

CityOct. - Dec. 2020 Home SalesOct. - Dec. 2019 Home Sales% change (Total Home Sales)Oct. - Dec. 2020 Median Sales PriceOct. - Dec. 2019 Median Sales Price% change (Median Sales Price)
Greenwood Village806915.9%$1,054,300$952,24410.7%
Foxfield21100%$788,800$825,000-4.4%
Watkins330%$622,500$603,1003.2%
Cherry Creek524320.9%$616,500$565,0009.1%
Holly Hills1119-42.1%$575,000$485,00018.6%
Bennett5366.7%$570,000$500,00014%
Inverness660%$545,000$491,75010.8%
Centennial5254926.7%$498,230$444,45012.1%
Littleton2051945.7%$485,000$416,32516.5%
Spring Creek Meadows660%$440,000$405,6008.5%
Strasburg34-25%$435,000$468,000-7.1%
* This story only considers sales data for the part of Bennett that is in Arapahoe County.

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