From October through December of 2018, there were five homes sold, with a median sale price of $509,000 - a 9.8% increase over the $463,500 median sale price for the same period of the previous year. There were four homes sold in Bennett in the fourth quarter of 2017.
The median sales tax in Bennett for 2018 was $3,714. In 2017, the median sales tax was $3,663. This marks an increase of 1.4%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 0.7%.
The following table compares Bennett to other Arapahoe County cities with similar median sale prices in the fourth quarter of 2018:
| City | Oct. - Dec. 2018 Home Sales | Oct. - Dec. 2017 Home Sales | % change (Total Home Sales) | Oct. - Dec. 2018 Median Sales Price | Oct. - Dec. 2017 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Watkins | 3 | 2 | 50% | $650,000 | $577,500 | 12.6% |
| Foxfield | 1 | 2 | -50% | $595,000 | $675,000 | -11.9% |
| Cherry Creek | 48 | 38 | 26.3% | $542,500 | $542,000 | 0.1% |
| Holly Hills | 10 | 16 | -37.5% | $534,500 | $434,750 | 22.9% |
| Inverness | 4 | 6 | -33.3% | $533,500 | $631,500 | -15.5% |
| Bennett | 5 | 4 | 25% | $509,000 | $463,500 | 9.8% |
| Strasburg | 11 | 8 | 37.5% | $443,500 | $442,500 | 0.2% |
| Centennial | 437 | 482 | -9.3% | $410,000 | $410,000 | 0% |
| Littleton | 152 | 177 | -14.1% | $403,307.50 | $388,000 | 3.9% |
| Englewood | 150 | 157 | -4.5% | $380,000 | $350,000 | 8.6% |
| Byers | 2 | 5 | -60% | $333,750 | $225,000 | 48.3% |
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