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East Arapahoe News

Monday, September 23, 2024

What happened to the median home price in Watkins (Arapahoe County) 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 Watkins in Arapahoe County fell by $46,900 while total sales remained unchanged with three homes sold, according to BlockShopper.com.

From October through December of 2019, there were three homes sold, with a median sale price of $603,100 - a 7.2% decrease over the $650,000 median sale price for the same period of the previous year. There were three homes sold in Watkins in the fourth quarter of 2018, as well.

The median sales tax in Watkins for the most recent year with available data, 2018, was $2,502, approximately 0.4% of the median home sale price for the fourth quarter of 2019.

The following table compares Watkins 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)
Cherry Hills Village31296.9%$1,695,000$1,835,000-7.6%
Columbine Valley63100%$1,081,600$890,00021.5%
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%
* This story only considers sales data for the part of Watkins that is in Arapahoe County.

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