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East Arapahoe News

Sunday, September 22, 2024

What happened to the median home price in Watkins (Arapahoe County) during the first half of 2020?

Realestate4

The median sale price of a home sold in the first half of 2020 in Watkins in Arapahoe County fell by $103,000 while total sales remained unchanged with three homes sold, according to BlockShopper.com.

From January through June of 2020, there were three homes sold, with a median sale price of $522,000 - a 16.5% decrease over the $625,000 median sale price for the same period of the previous year. There were three homes sold in Watkins in the first half of 2019, as well.

The median sales tax in Watkins for the most recent year with available data, 2018, was $2,502, approximately 0.5% of the median home sale price for the first half of 2020.

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

CityJan. - June 2020 Home SalesJan. - June 2019 Home Sales% change (Total Home Sales)Jan. - June 2020 Median Sales PriceJan. - June 2019 Median Sales Price% change (Median Sales Price)
Foxfield440%$770,000$955,000-19.4%
Columbine1921-9.5%$625,000$785,000-20.4%
Cherry Creek92111-17.1%$612,500$580,0005.6%
Bennett610-40%$558,500$520,0007.4%
Strasburg10911.1%$535,200$490,0009.2%
Watkins330%$522,000$625,000-16.5%
Holly Hills1930-36.7%$520,000$506,2502.7%
Inverness1013-23.1%$493,250$515,000-4.2%
Denver330%$460,000$236,00094.9%
Centennial821971-15.4%$455,000$443,7002.5%
Littleton320333-3.9%$447,000$405,00010.4%
* This story only considers sales data for the part of Watkins that is in Arapahoe County.

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