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East Arapahoe News

Tuesday, September 24, 2024

What happened to the median home price in Bennett (Arapahoe County) during the second half of 2019?

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The median sale price of a home sold in the second half of 2019 in Bennett in Arapahoe County rose by $29,000 while total sales increased by 11.1%, according to BlockShopper.com.

From July through December of 2019, there were 10 homes sold, with a median sale price of $500,000 - a 6.2% increase over the $471,000 median sale price for the same period of the previous year. There were nine homes sold in Bennett in the second half of 2018.

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 second half of 2019.

The following table compares Bennett to other Arapahoe County cities with similar median sale prices in the second half of 2019:

CityJuly - Dec. 2019 Home SalesJuly - Dec. 2018 Home Sales% change (Total Home Sales)July - Dec. 2019 Median Sales PriceJuly - Dec. 2018 Median Sales Price% change (Median Sales Price)
Greenwood Village14212612.7%$939,122$902,0004.1%
Foxfield63100%$817,500$646,00026.5%
Watkins7475%$603,100$620,000-2.7%
Columbine261844.4%$565,000$322,50075.2%
Cherry Creek12310121.8%$522,500$545,000-4.1%
Bennett10911.1%$500,000$471,0006.2%
Strasburg1114-21.4%$485,000$446,7508.6%
Holly Hills362638.5%$477,500$524,250-8.9%
Inverness13944.4%$458,000$492,000-6.9%
Centennial1,0831,0067.7%$447,500$418,5006.9%
Littleton3923599.2%$425,000$409,0003.9%
* This story only considers sales data for the part of Bennett that is in Arapahoe County.

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