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East Arapahoe News

Saturday, November 23, 2024

Home prices increased in Bennett (Arapahoe County) during the first half of 2020

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The median sale price of a home sold in the first half of 2020 in Bennett in Arapahoe County rose by $38,500 while total sales decreased by 40%, according to BlockShopper.com.

From January through June of 2020, there were six homes sold, with a median sale price of $558,500 - a 7.4% increase over the $520,000 median sale price for the same period of the previous year. There were 10 homes sold in Bennett in the first half of 2019.

The median sales tax in Bennett for the most recent year with available data, 2018, was $3,714, approximately 0.7% of the median home sale price for the first half of 2020.

The following table compares Bennett 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)
Columbine Valley911-18.2%$1,050,000$1,150,000-8.7%
Greenwood Village91122-25.4%$809,700$886,914-8.7%
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%
* This story only considers sales data for the part of Bennett that is in Arapahoe County.

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