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East Arapahoe News

Monday, September 23, 2024

Pricing for the median home in Bennett (Arapahoe County) decreased during the fourth quarter of 2019

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The median sale price of a home sold in the fourth quarter of 2019 in Bennett in Arapahoe County fell by $9,000 while total sales decreased by 40%, according to BlockShopper.com.

From October through December of 2019, there were three homes sold, with a median sale price of $500,000 - a 1.8% decrease over the $509,000 median sale price for the same period of the previous year. There were five homes sold in Bennett in the fourth quarter of 2018.

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 2019.

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

CityOct. - Dec. 2019 Home SalesOct. - Dec. 2018 Home Sales% change (Total Home Sales)Oct. - Dec. 2019 Median Sales PriceOct. - Dec. 2018 Median Sales Price% change (Median Sales Price)
Greenwood Village695721.1%$952,244$935,0001.8%
Foxfield110%$825,000$595,00038.7%
Watkins330%$603,100$650,000-7.2%
Columbine13785.7%$579,000$325,00078.2%
Cherry Creek4348-10.4%$565,000$542,5004.1%
Bennett35-40%$500,000$509,000-1.8%
Inverness6450%$491,750$533,500-7.8%
Holly Hills191090%$485,000$534,500-9.3%
Strasburg411-63.6%$468,000$443,5005.5%
Centennial49243712.6%$444,450$410,0008.4%
Littleton19415227.6%$416,325$403,307.503.2%
* This story only considers sales data for the part of Bennett that is in Arapahoe County.

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