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East Arapahoe News

Sunday, September 22, 2024

What happened to the median home price in Spring Creek Meadows during the first half of 2021?

Re 9

The median sale price of a home sold in the first half of 2021 in Spring Creek Meadows rose by $84,638 while total sales decreased by 50%, according to BlockShopper.com.

From January through June of 2021, there were 11 homes sold, with a median sale price of $505,638 - a 20.1% increase over the $421,000 median sale price for the same period of the previous year. There were 22 homes sold in Spring Creek Meadows in the first half of 2020.

The median sales tax in Spring Creek Meadows for the most recent year with available data, 2018, was $2,527, approximately 0.5% of the median home sale price for the first half of 2021.

The following table compares Spring Creek Meadows to other Arapahoe County cities with similar median sale prices in the first half of 2021:

CityJan. - June 2021 Home SalesJan. - June 2020 Home Sales% change (Total Home Sales)Jan. - June 2021 Median Sales PriceJan. - June 2020 Median Sales Price% change (Median Sales Price)
Bennett26-66.7%$610,000$558,5009.2%
Centennial8788216.9%$560,000$455,00023.1%
Strasburg710-30%$550,000$535,2002.8%
Inverness171070%$518,300$493,2505.1%
Littleton281320-12.2%$510,000$447,00014.1%
Spring Creek Meadows1122-50%$505,638$421,00020.1%
Englewood276279-1.1%$485,000$420,00015.5%
Sheridan2630-13.3%$428,250$347,50023.2%
Aurora2,9942,67611.9%$392,500$335,00017.2%
Denver63100%$347,800$460,000-24.4%
Dove Valley564233.3%$336,300$339,000-0.8%

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