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East Arapahoe News

Sunday, September 22, 2024

Median home prices in Watkins (Arapahoe County) rose to $705,750 in the second half of 2020

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The median sale price of a home sold in the second half of 2020 in Watkins in Arapahoe County rose by $102,650 while total sales decreased by 42.9%, according to BlockShopper.com.

From July through December of 2020, there were four homes sold, with a median sale price of $705,750 - a 17% increase over the $603,100 median sale price for the same period of the previous year. There were seven homes sold in Watkins in the second half of 2019.

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 second half of 2020.

The following table compares Watkins to other Arapahoe County cities with similar median sale prices in the second half of 2020:

CityJuly - Dec. 2020 Home SalesJuly - Dec. 2019 Home Sales% change (Total Home Sales)July - Dec. 2020 Median Sales PriceJuly - Dec. 2019 Median Sales Price% change (Median Sales Price)
Cherry Hills Village755633.9%$2,300,000$1,837,50025.2%
Bow Mar82300%$1,737,500$1,574,25010.4%
Columbine Valley229144.4%$1,277,500$980,00030.4%
Greenwood Village19514237.3%$1,180,000$939,12225.6%
Foxfield56-16.7%$777,600$817,500-4.9%
Watkins47-42.9%$705,750$603,10017%
Cherry Creek113123-8.1%$632,000$522,50021%
Bennett121020%$567,500$500,00013.5%
Holly Hills2636-27.8%$546,194.78$477,50014.4%
Inverness1213-7.7%$524,000$458,00014.4%
Strasburg11110%$505,000$485,0004.1%
* This story only considers sales data for the part of Watkins that is in Arapahoe County.

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